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LAND AND SUBSURFACE INTERESTS - Subsurface Interests (Details)
3 Months Ended 9 Months Ended
Oct. 26, 2018
a
Aug. 01, 2018
a
Sep. 30, 2018
USD ($)
a
county
Sep. 30, 2017
USD ($)
a
Jun. 30, 2017
a
Sep. 30, 2018
USD ($)
a
county
$ / shares
Sep. 30, 2017
USD ($)
a
$ / shares
Dec. 31, 2017
USD ($)
a
Sep. 20, 2017
Dec. 31, 2011
Subsurface interests                    
Acres sold | a 3,503 3,500                
Lease payments on the respective acreages and drilling penalties received                    
Lease Payment     $ 807,000     $ 807,000        
Lease income                    
Rent payment received           400,000        
Lease payment and drilling penalty     957,000     957,000        
Over Lease Term     $ 9,642,000 $ 8,185,000   $ 28,977,000 $ 23,239,000      
Number of acres with operating oil wells | a     800 800   800 800      
Subsurface Interests                    
Subsurface interests                    
Acres sold | a         38,750   38,750      
Revenue from contract with customer, including assessed tax           $ 0        
Gain on Sale       $ 2,080,000     $ 2,080,000      
After tax gain on sale (in dollars per share) | $ / shares             $ 0.23      
Lease income                    
Revenue recognized for cash payments for the release of surface entry rights           $ 73,000 $ 0      
Oil exploration                    
Subsurface interests                    
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               $ 10,633,805    
Drilling Penalty               $ 2,125,000    
Lease income                    
Period from end of prior lease year payment for drilling penalty is due           30 days        
Over Lease Term     $ 203,000 603,000   $ 203,000 603,000      
Hendry County                    
Lease income                    
Area of land for which surface entry rights were released | a           40        
Minimum | Oil exploration                    
Subsurface interests                    
Lease term                   13 years
Maximum | Oil exploration                    
Subsurface interests                    
Lease term     8 years     8 years       8 years
Surface land over subsurface interests                    
Subsurface interests                    
Acres | a     455,000     455,000        
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 | Subsurface Interests                    
Subsurface interests                    
Revenue from contract with customer, including assessed tax       2,100,000     2,100,000      
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     $ 354,000 253,000   753,000 654,000      
Real Estate Operations | Subsurface Interests                    
Subsurface interests                    
Revenue from contract with customer, including assessed tax     $ 11,000 $ 19,000   $ 50,000 $ 69,000      
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    
Lease Year 8 - 9/23/2018 - 9/22/2019 | Oil exploration                    
Lease payments on the respective acreages and drilling penalties received                    
Acreage | a               15,000    
Lease Payment               $ 806,684    
Drilling Penalty               $ 150,000