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LAND AND SUBSURFACE INTERESTS - Subsurface Interests (Details)
3 Months Ended 6 Months Ended 84 Months Ended
Aug. 01, 2018
a
Jun. 30, 2018
USD ($)
a
county
Jun. 30, 2017
USD ($)
a
Mar. 31, 2017
a
Jun. 30, 2018
USD ($)
a
county
$ / shares
Jun. 30, 2017
USD ($)
a
Dec. 31, 2017
USD ($)
a
Oct. 11, 2017
Sep. 20, 2017
Dec. 31, 2011
Subsurface interests                    
Acres sold | a 4,286   81.4 1,587.4            
Lease income                    
Over Lease Term   $ 9,948,000 $ 7,778,000   $ 19,336,000 $ 15,053,000        
Number of acres with operating oil wells | a   800 800   800 800        
Subsurface Interests                    
Lease income                    
Revenue recognized for cash payments for the release of surface entry rights         $ 68,000 $ 0        
Oil exploration                    
Subsurface interests                    
Lease term                 13 years  
Period of extended lease term                 5 years  
Period of lease term after which lessee has option to terminate lease         1 year          
Lease payments on the respective acreages and drilling penalties received                    
Lease Payment             $ 9,827,121      
Drilling Penalty             $ 1,975,000      
Lease income                    
Period from end of prior lease year payment for drilling penalty is due         30 days          
Over Lease Term   $ 201,000 $ 201,000   $ 400,000 400,000        
Hendry County                    
Lease income                    
Area of land for which surface entry rights were released | a         40          
Minimum | Oil exploration                    
Lease income                    
Period of lease term after which additional rental payments may be received         8 years          
Maximum | Oil exploration                    
Subsurface interests                    
Lease term               13 years   8 years
Lease income                    
Period of lease term after which additional rental payments may be received         13 years          
Surface land over subsurface interests                    
Subsurface interests                    
Acres | a   461,000     461,000          
Number of counties in which Subsurface Interests are owned | county   20     20          
Gain on Sale         $ 435,000          
After tax gain on sale (in dollars per share) | $ / shares         $ 0.06          
Lease income                    
Area of land for which surface entry rights were released | a         600          
Surface land over subsurface interests | Hendry County                    
Subsurface interests                    
Revenue from contract with customer, including assessed tax         $ 320,000          
Real Estate Operations                    
Lease income                    
Over Lease Term   $ 201,000 201,000   400,000 400,000        
Real Estate Operations | Subsurface Interests                    
Subsurface interests                    
Revenue from contract with customer, including assessed tax   $ 12,000 $ 18,000   $ 44,000 $ 49,000        
Type of revenue   us-gaap:RoyaltyMember us-gaap:RoyaltyMember   us-gaap:RoyaltyMember us-gaap:RoyaltyMember        
Real Estate Operations | Surface land over subsurface interests                    
Subsurface interests                    
Revenue from contract with customer, including assessed tax         $ 185,000          
Lease Year 1 - 9/23/2011 - 9/22/2012 | Lee and Hendry County | Oil exploration                    
Lease payments on the respective acreages and drilling penalties received                    
Acreage | a             136,000      
Lease Payment             $ 913,657      
Lease Year 2 - 9/23/2012 - 9/22/2013 | Lee and Hendry County | Oil exploration                    
Lease payments on the respective acreages and drilling penalties received                    
Acreage | a             136,000      
Lease Payment             $ 922,114      
Lease Year 3 - 9/23/2013 - 9/22/2014 | Hendry County | Oil exploration                    
Lease payments on the respective acreages and drilling penalties received                    
Acreage | a             82,000      
Lease Payment             $ 3,293,000      
Drilling Penalty             $ 1,000,000      
Lease Year 4 - 9/23/2014 - 9/22/2015 | Hendry County | Oil exploration                    
Lease payments on the respective acreages and drilling penalties received                    
Acreage | a             42,000      
Lease Payment             $ 1,866,146      
Drilling Penalty             $ 600,000      
Lease Year 5 - 9/23/2015 - 9/22/2016 | Hendry County | Oil exploration                    
Lease payments on the respective acreages and drilling penalties received                    
Acreage | a             25,000      
Lease Payment             $ 1,218,838      
Drilling Penalty             $ 175,000      
Lease Year 6 - 9/23/2016 - 9/22/2017 | Hendry County | Oil exploration                    
Lease payments on the respective acreages and drilling penalties received                    
Acreage | a             15,000      
Lease Payment             $ 806,683      
Drilling Penalty             $ 150,000      
Lease Year 7 - 9/23/2017 - 9/22/2018 | Oil exploration                    
Lease payments on the respective acreages and drilling penalties received                    
Acreage | a             15,000      
Lease Payment             $ 806,683      
Drilling Penalty             $ 50,000