Common Stock and Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2015

Earnings Per Share [Abstract]

Summary of Common Stock and Earnings Per Share

Basic earnings per common share were computed by dividing net income by the weighted average number of shares of common stock outstanding during the year. Diluted earnings per common share were determined based on the assumption of the conversion of stock options and vesting of restricted stock using the treasury stock method at average market prices for the periods.

	Year Ended
	December 31, 2015		December 31, 2014		December 31, 2013
Income Available to Common Shareholders:
Net Income from Continuing Operations Attributable to Consolidated-Tomoka Land Co.	$	8,347,166	$	6,383,818	$	2,561,538
Net Income from Discontinued Operations Attributable to Consolidated-Tomoka Land Co. (Net of Tax)		—		—		1,121,709
Net Income Attributable to Consolidated-Tomoka    Land Co.	$	8,347,166	$	6,383,818	$	3,683,247
Weighted Average Shares Outstanding		5,804,655		5,765,997		5,739,383
Common Shares Applicable to Stock
Options Using the Treasury Stock Method		25,423		22,853		3,754
Total Shares Applicable to Diluted Earnings Per Share		5,830,078		5,788,850		5,743,137
Per Share Information:
Basic Net Income Per Share
Net Income from Continuing Operations Attributable to Consolidated-Tomoka Land Co.	$	1.44	$	1.11	$	0.44
Net Income from Discontinued Operations Attributable to Consolidated-Tomoka Land Co. (Net of Tax)		-		-		0.20
Net Income Attributable to Consolidated-Tomoka    Land Co.	$	1.44	$	1.11	$	0.64
Diluted Net Income per Share
Net Income from Continuing Operations Attributable to Consolidated-Tomoka Land Co.	$	1.43	$	1.10	$	0.44
Net Income from Discontinued Operations Attributable to Consolidated-Tomoka Land Co. (net of tax)		-		-		0.20
Net Income Attributable to Consolidated-Tomoka    Land Co.	$	1.43	$	1.10	$	0.64