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Accrued and Other Liabilities - Summary of Accrued and Other Liabilities (Detail) - USD ($)
Jun. 30, 2016
Dec. 31, 2015
Payables And Accruals [Abstract]    
Golf Course Lease $ 2,415,401 $ 2,602,638
Accrued Property Taxes 1,223,698 40,042
Reserve for Tenant Improvements 756,651 812,493
Accrued Interest 1,204,004 1,195,231
Environmental Reserve and Restoration Cost Accrual 2,103,190 2,405,635
Cash Flow Hedge - Interest Rate Swap 545,821  
Other 1,133,678 1,811,880
Total Accrued and Other Liabilities $ 9,382,443 $ 8,867,919