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COMMON STOCK AND EARNINGS PER SHARE - Summary of Common Stock and Earnings Per Share (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Income Available to Common Shareholders:        
Net Income Attributable to Consolidated-Tomoka Land Co. $ 966,900 $ 8,161,014 $ 17,392,200 $ 11,156,175
Weighted Average Shares Outstanding 5,513,327 5,662,933 5,548,644 5,700,316
Common Shares Applicable to Stock        
Options Using the Treasury Stock Method 9,266 4,009 16,630 9,920
Total Shares Applicable to Diluted Earnings Per Share 5,522,593 5,666,942 5,565,274 5,710,236
Per Share Information:        
Basic Net Income Attributable to Consolidated-Tomoka Land Co. $ 0.18 $ 1.44 $ 3.13 $ 1.96
Diluted Net Income Attributable to Consolidated-Tomoka Land Co. $ 0.18 $ 1.44 $ 3.13 $ 1.95