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CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Property, Plant, and Equipment:    
Total Property, Plant, and Equipment $ 508,969,356 $ 393,599,852
Less, Accumulated Depreciation and Amortization (23,865,921) (23,008,382)
Property, Plant, and Equipment—Net 485,103,435 370,591,470
Land and Development Costs 6,805,176 6,732,291
Intangible Lease Assets—Net 65,638,034 49,022,178
Assets Held for Sale—See Note 23 4,633,801 833,167
Investment in Joint Ventures 55,741,248 55,736,668
Investment in Alpine Income Property Trust, Inc. 25,108,018 38,814,425
Mitigation Credits 2,559,434 2,322,596
Commercial Loan Investments 39,658,204 34,625,173
Cash and Cash Equivalents 18,593,046 6,474,637
Restricted Cash 2,910,392 128,430,049
Other Assets—See Note 12 10,284,943 9,703,549
Total Assets 717,035,731 703,286,203
Liabilities:    
Accounts Payable 1,239,274 1,385,739
Accrued and Other Liabilities—See Note 17 8,574,703 5,687,192
Deferred Revenue—See Note 18 5,634,425 5,830,720
Intangible Lease Liabilities—Net 27,207,594 26,198,248
Liabilities Held for Sale—See Note 23 831,320 831,320
Income Taxes Payable 998,519 439,086
Deferred Income Taxes—Net 86,969,609 90,282,173
Long-Term Debt 313,372,702 287,218,303
Total Liabilities 444,828,146 417,872,781
Commitments and Contingencies—See Note 21
Shareholders' Equity:    
Common Stock – 25,000,000 shares authorized; $1 par value, 6,105,763 shares issued and 4,716,106 shares outstanding at March 31, 2020; 6,076,813 shares issued and 4,770,454 shares outstanding at December 31, 2019 6,044,971 6,017,218
Treasury Stock – 1,389,657 shares at March 31, 2020 and 1,306,359 shares at December 31, 2019 (77,355,328) (73,440,714)
Additional Paid-In Capital 32,190,616 26,689,795
Retained Earnings 312,626,687 326,073,199
Accumulated Other Comprehensive Income (Loss) (1,299,361) 73,924
Total Shareholders' Equity 272,207,585 285,413,422
Total Liabilities and Shareholders’ Equity 717,035,731 703,286,203
Income Properties, Land, Buildings, and Improvements    
Property, Plant, and Equipment:    
Total Property, Plant, and Equipment 508,205,557 392,841,899
Other Furnishings and Equipment    
Property, Plant, and Equipment:    
Total Property, Plant, and Equipment 739,011 733,165
Construction in Progress    
Property, Plant, and Equipment:    
Total Property, Plant, and Equipment $ 24,788 $ 24,788