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LAND AND SUBSURFACE INTERESTS - Summary of Sales within the Tomoka Town Center (Details)
3 Months Ended 9 Months Ended 24 Months Ended
Sep. 30, 2017
USD ($)
a
Jun. 30, 2017
USD ($)
a
Mar. 31, 2017
USD ($)
a
Sep. 30, 2016
USD ($)
a
Mar. 31, 2016
a
Sep. 30, 2017
USD ($)
a
Sep. 30, 2016
USD ($)
a
Dec. 31, 2016
USD ($)
a
Oct. 30, 2017
ft²
Nov. 30, 2016
ft²
Land and Subsurface Interests                    
Land Sales | $ $ 0 $ 10,858,000 $ 28,707,000     $ 39,565,000        
Gross Sales Price | $ 12,380,602     $ 12,210,945   $ 73,931,669 $ 43,439,318      
Acres sold   81.43 1,587.35 4.5 7.5 1,668.78 12.0      
Infrastructure Reimbursement Receivables | $ 2,381,038         $ 2,381,038   $ 3,844,236    
Tomoka Town Center                    
Land and Subsurface Interests                    
Infrastructure Reimbursement Receivables | $ $ 2,400,000         $ 2,400,000        
Tomoka Town Center | Land                    
Land and Subsurface Interests                    
Acres 235         235        
Tomoka Town Center | Developable land                    
Land and Subsurface Interests                    
Acres 180         180        
Tanger Outlets                    
Land and Subsurface Interests                    
Area of real estate property | ft²                   350,000
NADG retail power center                    
Land and Subsurface Interests                    
Area of real estate property | ft²                 500,000  
Tomoka Town Center Sales Agreements | Tomoka Town Center                    
Land and Subsurface Interests                    
Gross Sales Price | $               $ 21,400,000    
Acres sold               99    
Third NADG Land Sale | Tomoka Town Center                    
Land and Subsurface Interests                    
Acres sold           19        
NADG Contract | Tomoka Town Center | Developable land                    
Land and Subsurface Interests                    
Acres 62         62