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LAND AND SUBSURFACE INTERESTS - Real Estate Operations Revenues (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Land and Subsurface Interests        
Total Revenues $ 22,837,783 $ 12,873,938 $ 61,551,067 $ 31,228,373
Real Estate Operations        
Land and Subsurface Interests        
Land Sales Revenue 10,858,000   39,564,000 190,000
Tomoka Town Center - Percentage of Completion Revenue   3,843,000   12,802,000
Revenue from Reimbursement of Infrastructure Costs 955,000   1,276,000  
Impact Fee and Mitigation Credit Sales 1,222,000 167,000 1,439,000 272,000
Subsurface Revenue 222,000 764,000 453,000 1,072,000
Total Revenues $ 13,257,355 $ 4,774,620 $ 42,731,815 $ 14,335,518