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BUSINESS SEGMENT DATA - Summary of Operations in Different Segments (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Dec. 31, 2016
Business segment data          
Total Revenues $ 12,380,602 $ 12,210,945 $ 73,931,669 $ 43,439,318  
Operating Income (Loss) 3,757,449 15,879,509 34,647,267 27,005,693  
Depreciation and Amortization 3,161,169 1,945,460 9,139,434 5,818,386  
Identifiable Assets 436,710,801   436,710,801   $ 408,623,426
Operating Segments          
Business segment data          
Capital Expenditures 3,077,685 49,758,942 49,689,557 52,640,944  
General and Corporate Expense          
Business segment data          
Operating Income (Loss) (5,156,947) 7,712,203 (14,856,020) (3,675,088)  
Income Properties          
Business segment data          
Total Revenues 7,928,258 6,021,331 22,566,505 18,483,654  
Depreciation and Amortization 3,053,295 1,866,162 8,848,101 5,571,785  
Identifiable Assets 343,740,067   343,740,067   302,757,565
Income Properties | Operating Segments          
Business segment data          
Operating Income (Loss) 6,212,742 4,590,689 17,809,761 14,672,265  
Capital Expenditures 2,829,567 49,751,977 47,515,911 52,604,951  
Commercial Loan Investments          
Business segment data          
Total Revenues 637,801 534,212 1,727,449 2,050,507  
Identifiable Assets 26,984,350   26,984,350   24,032,885
Commercial Loan Investments | Operating Segments          
Business segment data          
Operating Income (Loss) 637,801 534,212 1,727,449 2,050,507  
Real Estate Operations          
Business segment data          
Total Revenues 2,926,406 4,643,646 45,658,221 18,979,164  
Identifiable Assets 44,753,918   44,753,918   58,868,298
Real Estate Operations | Operating Segments          
Business segment data          
Operating Income (Loss) 2,467,237 3,386,463 30,249,674 14,340,299  
Golf Operations          
Business segment data          
Total Revenues 797,420 1,001,368 3,655,877 3,877,923  
Depreciation and Amortization 97,959 64,676 258,649 201,944  
Identifiable Assets 5,877,837   5,877,837   3,675,842
Golf Operations | Operating Segments          
Business segment data          
Operating Income (Loss) (475,227) (301,552) (517,367) (276,761)  
Capital Expenditures 237,560 4,500 2,112,060 17,661  
Agriculture And Other          
Business segment data          
Total Revenues 90,717 10,388 323,617 48,070  
Depreciation and Amortization 9,915 14,622 32,684 44,657  
Identifiable Assets 15,354,629   15,354,629   $ 19,288,836
Agriculture And Other | Operating Segments          
Business segment data          
Operating Income (Loss) 71,843 (42,506) 233,770 (105,529)  
Capital Expenditures $ 10,558 $ 2,465 $ 61,586 $ 18,332