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LAND AND SUBSURFACE INTERESTS - Beachfront Venture and Other Real Estate Assets (Details)
ft² in Millions
3 Months Ended 6 Months Ended 12 Months Ended
Nov. 17, 2016
USD ($)
Jun. 30, 2017
USD ($)
ft²
a
restaurant
Mar. 31, 2017
a
Jun. 30, 2016
USD ($)
Jun. 30, 2017
USD ($)
ft²
a
restaurant
Jun. 30, 2016
USD ($)
Dec. 31, 2015
USD ($)
a
Dec. 31, 2016
USD ($)
a
Nov. 16, 2016
Land and subsurface interests                  
Acquisition of noncontrolling interest and (discount on acquisition) $ 4,800,000                
Impairment Charges       $ 1,970,822   $ 2,180,730      
Land and entitlement costs   $ 40,213,760     $ 40,213,760     $ 51,955,278  
Retained Earnings                  
Land and subsurface interests                  
Acquisition of noncontrolling interest and (discount on acquisition) $ (879,000,000)                
Beachfront property                  
Land and subsurface interests                  
Acres | a   6     6     6  
Land and entitlement costs   $ 11,700,000     $ 11,700,000        
Beachfront property | Land and land improvements                  
Land and subsurface interests                  
Area of real estate property | ft²   1.2     1.2        
Beachfront property | Restaurant property                  
Land and subsurface interests                  
Number of properties | restaurant   2     2        
Payments for construction in progress         $ 446,000        
Beachfront property | Restaurant property | LandShark Bar and Grill                  
Land and subsurface interests                  
Lease term     15 years            
Area of real estate property | a     6,264            
Beachfront property | Restaurant property | Cocina 214 Restaurant and Bar                  
Land and subsurface interests                  
Lease term   15 years              
Annual minimum rent per year   $ 360,000     $ 360,000        
Partially owned consolidated property | Beachfront property                  
Land and subsurface interests                  
Acres | a             6    
Payments To Acquire Land             $ 5,700,000    
Beachfront Venture                  
Land and subsurface interests                  
Unaffiliated third party’s percentage ownership                 50.00%
Beachfront Venture | Beachfront property                  
Land and subsurface interests                  
Payments To Acquire Land             $ 11,300,000