Business Segment Data (Tables)

12 Months Ended

Dec. 31, 2015

Segment Reporting [Abstract]

Summary of Operations in Different Segments

The Company evaluates performance based on profit or loss from operations before income taxes. The Company’s reportable segments are strategic business units that offer different products. They are managed separately because each segment requires different management techniques, knowledge, and skills.

NOTE 20. BUSINESS SEGMENT DATA (continued)

Information about the Company’s operations in different segments for the years ended December 31, 2015, 2014, and 2013 is as follows: 

	Year Ended
	December 31, 2015			December 31, 2014			December 31, 2013
Revenues:
Income Properties	$	19,041,111		$	14,969,647		$	12,828,214
Commercial Loan Investments		2,691,385			2,190,924			1,712,913
Real Estate Operations		15,942,894			13,492,734			6,177,496
Golf Operations		5,243,485			5,125,501			5,074,898
Agriculture and Other Income		78,805			277,831			276,309
Total Revenues	$	42,997,680		$	36,056,637		$	26,069,830
Operating Income:
Income Properties	$	15,385,176		$	13,015,113		$	11,494,240
Commercial Loan Investments		2,691,385			2,190,924			1,712,913
Real Estate Operations		11,650,370			8,630,445			2,291,609
Golf Operations		(349,600	)		(405,242	)		(412,177	)
Agriculture and Other Income		(147,749	)		88,527			127,949
General and Corporate Expense		(8,960,273	)		(10,927,261	)		(8,935,157	)
Total Operating Income	$	20,269,309		$	12,592,506		$	6,279,377
Depreciation and Amortization:
Income Properties	$	4,898,803		$	3,210,028		$	2,650,310
Commercial Loan Investments		—			—			—
Real Estate Operations		—			—			—
Golf Operations		263,335			241,134			205,097
Agriculture and Other		50,759			39,323			29,910
Total Depreciation and Amortization	$	5,212,897		$	3,490,485		$	2,885,317
Capital Expenditures:
Income Properties	$	84,261,324		$	43,766,003		$	40,418,981
Commercial Loan Investments		15,394,879			30,208,075			17,658,204
Real Estate Operations ($5,744,636 Contributed by Consolidated VIE)		11,489,272			—			—
Golf Operations		109,505			219,199			223,690
Agriculture and Other		38,714			140,970			146,165
Total Capital Expenditures	$	111,293,694		$	74,334,247		$	58,447,040

	As of
	December 31, 2015		December 31, 2014
Identifiable Assets:
Income Properties	$	277,519,902	$	190,087,575
Commercial Loan Investments		38,487,119		30,274,302
Real Estate Operations		59,787,157		43,833,515
Golf Operations		3,607,259		3,639,903
Agriculture and Other		26,615,076		8,757,153
Total Assets	$	406,016,513	$	276,592,448