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BUSINESS SEGMENT DATA - Summary of Operations in Different Segments (Details) - USD ($)
3 Months Ended 12 Months Ended
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Business segment data                      
Revenues $ 33,227,164 $ 17,413,926 $ 12,550,267 $ 23,497,243 $ 16,041,186 $ 11,583,182 $ 21,454,270 $ 37,238,340 $ 86,688,600 $ 86,316,978 $ 65,884,467
Operating Income 20,157,408 4,378,080 21,840,017 17,117,867 6,058,862 4,330,634 8,154,135 20,711,986 63,493,372 39,255,617 37,982,344
Gain on Disposition of Assets     18,384,808 3,650,858 304 (266)     22,035,666 38 12,758,770
Depreciation and Amortization 4,452,647 3,756,507 3,755,546 3,796,823 3,433,913 3,063,211 3,120,368 2,697,208 15,761,523 12,314,700 7,929,343
Identifiable Assets 556,329,872       466,130,378       556,329,872 466,130,378  
Operating Segments                      
Business segment data                      
Operating Income                 63,493,372 39,255,617 37,982,344
Capital Expenditures                 113,764,212 97,627,672 92,550,168
General and Corporate Expense                      
Business segment data                      
Operating Income                 (25,546,893) (22,567,310) (20,407,950)
Income Properties                      
Business segment data                      
Revenues 11,728,550 9,360,155 9,781,299 9,205,727 8,840,425 7,928,258 7,565,007 7,073,240 40,075,731 31,406,930 25,092,484
Depreciation and Amortization                 15,728,095 12,272,265 7,872,689
Identifiable Assets 492,093,615       388,602,721       492,093,615 388,602,721  
Income Properties | Operating Segments                      
Business segment data                      
Operating Income                 31,905,648 24,489,187 19,887,621
Capital Expenditures                 108,996,747 92,125,062 92,434,774
Commercial Loan Investments                      
Business segment data                      
Revenues   41,262 273,467 300,999 325,240 637,801 553,159 536,489 615,728 2,052,689 2,588,235
Identifiable Assets         11,963,777         11,963,777  
Commercial Loan Investments | Operating Segments                      
Business segment data                      
Operating Income                 615,728 2,052,689 2,588,235
Capital Expenditures                   3,000,000  
Real Estate Operations                      
Business segment data                      
Revenues 21,498,614 $ 8,012,509 $ 2,495,501 $ 13,990,517 6,875,521 $ 3,017,123 $ 13,336,104 $ 29,628,611 45,997,141 52,857,359 38,203,748
Identifiable Assets 35,287,559       43,296,528       35,287,559 43,296,528  
Real Estate Operations | Operating Segments                      
Business segment data                      
Operating Income                 34,483,223 35,281,013 23,155,668
Capital Expenditures                 4,658,956    
Golf Operations                      
Business segment data                      
Identifiable Assets 4,462,477       6,262,634       4,462,477 6,262,634  
Golf Operations | Operating Segments                      
Business segment data                      
Capital Expenditures                 94,734 2,373,894 95,513
Agriculture and Other Income                      
Business segment data                      
Depreciation and Amortization                 33,428 42,435 56,654
Identifiable Assets $ 24,486,221       $ 16,004,718       24,486,221 16,004,718  
Agriculture and Other Income | Operating Segments                      
Business segment data                      
Capital Expenditures                 $ 13,775 $ 128,716 $ 19,881