XML 114 R103.htm IDEA: XBRL DOCUMENT v3.8.0.1
COMMITMENTS AND CONTINGENCIES - Contractual Commitments - Expenditures (Details)
1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2015
USD ($)
a
Dec. 31, 2013
USD ($)
a
Jun. 30, 2017
USD ($)
a
Mar. 31, 2017
a
Sep. 30, 2016
a
Mar. 31, 2016
a
Sep. 30, 2017
USD ($)
ft²
a
restaurant
Sep. 30, 2016
a
Dec. 31, 2013
USD ($)
a
Dec. 31, 2016
USD ($)
a
Commitments                    
Acres sold | a     81.43 1,587.35 4.5 7.5 1,668.78 12.0    
Restricted Cash             $ 7,027,196     $ 9,855,469
Beachfront property                    
Commitments                    
Acres | a             6     6
Beachfront property | Restaurant property                    
Commitments                    
Commitment amount             $ 4,800,000      
Payments for construction in progress             $ 2,200,000      
Number of properties | restaurant             2      
Total estimated cost to improve the land and develop the income properties             $ 6,900,000      
Race Trac                    
Commitments                    
Acres sold | a   3.4                
Sam's Club affiliate                    
Commitments                    
Acres sold | a 18.1                  
Sam's Club affiliate | Buyer reimbursement                    
Commitments                    
Deposit of cash in escrow classified as restricted cash $ 125,000                  
Restricted Cash             125,000      
Williamson Crossing site                    
Commitments                    
Acres | a   19.6             19.6  
Williamson Crossing site | Road and other land improvements                    
Commitments                    
Area of land subject to contractual commitment | a   23                
Estimated cost for improvements   $ 1,260,000                
Williamson Crossing site | Buyer reimbursement                    
Commitments                    
Percentage of cost paid   77.50%                
Commitment amount   $ 976,500             $ 976,500  
Reimbursement period of land improvement cost   5 years                
Deposit of cash in escrow classified as restricted cash                 $ 283,500  
Restricted Cash             287,000      
The Grove at Winter Park | Construction commitment                    
Commitments                    
Commitment amount             315,000      
Construction cost incurred             3,900,000      
Estimated costs expected to be incurred related to construction of buildings and tenant improvements             4,200,000      
Westcliff property                    
Commitments                    
Acres | a     10.3              
Westcliff property | Property improvements                    
Commitments                    
Commitment amount     $ 654,000       373,000      
Construction cost incurred             281,000      
Lease for corporate offices                    
Commitments                    
Savings in base rent that will no longer be paid for a lease that expired             128,000      
Income properties buildings and improvements | Corporate offices, Williamson Business Park                    
Commitments                    
Construction cost incurred             $ 761,000      
Area of real estate property | ft²             7,700      
Building | Corporate offices, Williamson Business Park                    
Commitments                    
Construction cost incurred             $ 233,000      
Building improvements | Corporate offices, Williamson Business Park                    
Commitments                    
Construction cost incurred             528,000      
Maximum | Sam's Club affiliate | Buyer reimbursement                    
Commitments                    
Commitment amount             125,000      
Maximum | Williamson Crossing site | Buyer reimbursement                    
Commitments                    
Commitment amount             $ 689,000