Common Stock and Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2016

Earnings Per Share [Abstract]

Summary of Common Stock and Earnings Per Share

Basic earnings per common share is computed by dividing net income by the weighted average number of shares of common stock outstanding during the period. Diluted earnings per common share is based on the assumption of the conversion of stock options and vesting of restricted stock at the beginning of each period using the treasury stock method at average cost for the periods.

	Three Months Ended				Six Months Ended
	June 30, 2016		June 30, 2015		June 30, 2016		June 30, 2015
Income Available to Common Shareholders:
Net Income Attributable to Consolidated-Tomoka Land Co.	$	1,570,443	$	224,617	$	2,995,161	$	577,973
Weighted Average Shares Outstanding		5,703,542		5,822,815		5,719,213		5,824,717
Common Shares Applicable to Stock
Options Using the Treasury Stock Method		-		22,719		-		27,356
Total Shares Applicable to Diluted Earnings Per Share		5,703,542		5,845,534		5,719,213		5,852,073
Per Share Information:
Basic and Diluted net Income Per Share
Net Income Attributable to Consolidated-Tomoka Land Co.	$	0.28	$	0.04	$	0.52	$	0.10