2014 Q1 Form 10-K Financial Statement
#000119312514065072 Filed on February 24, 2014
Income Statement
Concept | 2014 Q1 | 2013 Q4 | 2013 |
---|---|---|---|
Revenue | $1.496M | $1.178M | $4.038M |
YoY Change | 63.53% | 28.46% | 19.1% |
Cost Of Revenue | $1.100M | $883.8K | $320.0K |
YoY Change | 104.51% | 136.42% | -15.79% |
Gross Profit | $395.2K | $293.9K | $3.720M |
YoY Change | 4.97% | -45.86% | 23.59% |
Gross Profit Margin | 26.42% | 24.96% | 92.12% |
Selling, General & Admin | $460.0K | $460.0K | $1.530M |
YoY Change | 64.29% | 318.18% | 218.75% |
% of Gross Profit | 116.4% | 156.5% | 41.13% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $288.0K | $210.0K | $722.5K |
YoY Change | 79.98% | 31.25% | 52.26% |
% of Gross Profit | 72.89% | 71.44% | 19.42% |
Operating Expenses | $1.100M | $670.0K | $2.210M |
YoY Change | 104.51% | 139.29% | 130.21% |
Operating Profit | $395.2K | -$376.1K | $1.357M |
YoY Change | 4.97% | -243.02% | -28.62% |
Interest Expense | $374.0K | -$270.0K | $1.119M |
YoY Change | 33.4% | -6.9% | 11.09% |
% of Operating Profit | 94.65% | 82.41% | |
Other Income/Expense, Net | -$367.6K | -$273.0K | -$1.062M |
YoY Change | 36.28% | -4.84% | 6.14% |
Pretax Income | $27.54K | $20.98K | $295.0K |
YoY Change | -74.19% | -91.81% | -67.24% |
Income Tax | $6.623K | $1.328M | $1.520M |
% Of Pretax Income | 24.05% | 6330.65% | 515.08% |
Net Earnings | $20.92K | -$1.307M | -$1.225M |
YoY Change | -55.98% | -865.77% | -303.99% |
Net Earnings / Revenue | 1.4% | -111.01% | -30.33% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | $3.063K | -$200.6K | -$196.5K |
COMMON SHARES | |||
Basic Shares Outstanding | 6.530M shares | 6.530M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2014 Q1 | 2013 Q4 | 2013 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $13.50M | $16.30M | $16.30M |
YoY Change | -53.61% | 1711.11% | 1711.11% |
Cash & Equivalents | $13.55M | $16.27M | $16.30M |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $13.50M | $16.30M | $16.30M |
YoY Change | -53.61% | 1711.11% | 1711.11% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $75.70M | $75.30M | $75.30M |
YoY Change | 104.59% | 102.96% | 102.96% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $700.0K | $700.0K | $700.0K |
YoY Change | -96.62% | 0.0% | |
Other Assets | $700.0K | $300.0K | $300.0K |
YoY Change | 133.33% | -76.92% | -76.92% |
Total Long-Term Assets | $78.12M | $77.37M | $77.40M |
YoY Change | 28.28% | 93.02% | 95.45% |
TOTAL ASSETS | |||
Total Short-Term Assets | $13.50M | $16.30M | $16.30M |
Total Long-Term Assets | $78.12M | $77.37M | $77.40M |
Total Assets | $91.62M | $93.67M | $93.70M |
YoY Change | 1.8% | 128.55% | 131.36% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.000M | $1.100M | $1.100M |
YoY Change | 42.86% | 22.22% | 22.22% |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% | -100.0% |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $1.300M | $1.300M | $1.300M |
YoY Change | 0.0% | -7.14% | 18.18% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $41.40M | $43.20M | $43.20M |
YoY Change | 40.34% | 40.72% | 40.72% |
Other Long-Term Liabilities | $900.0K | $700.0K | $700.0K |
YoY Change | 133.33% | ||
Total Long-Term Liabilities | $42.30M | $43.90M | $43.90M |
YoY Change | 43.39% | 43.0% | 41.61% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.300M | $1.300M | $1.300M |
Total Long-Term Liabilities | $42.30M | $43.90M | $43.90M |
Total Liabilities | $43.68M | $45.16M | $45.20M |
YoY Change | 40.9% | 37.48% | 39.51% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$3.388M | -$2.821M | |
YoY Change | -134.68% | ||
Common Stock | $6.530K | $6.530K | |
YoY Change | 137.45% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $47.95M | $48.51M | $48.50M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $91.62M | $93.67M | $93.70M |
YoY Change | 1.8% | 128.55% | 131.36% |
Cashflow Statement
Concept | 2014 Q1 | 2013 Q4 | 2013 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $20.92K | -$1.307M | -$1.225M |
YoY Change | -55.98% | -865.77% | -303.99% |
Depreciation, Depletion And Amortization | $288.0K | $210.0K | $722.5K |
YoY Change | 79.98% | 31.25% | 52.26% |
Cash From Operating Activities | $393.8K | $1.340M | -$460.4K |
YoY Change | -115.37% | 119.67% | -140.46% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$500.0K | -$33.63M | -$38.68M |
YoY Change | 415.73% | ||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | $140.0K | -$50.00K |
YoY Change | -100.0% | 180.0% | -92.06% |
Cash From Investing Activities | -$504.0K | -$33.49M | -$38.73M |
YoY Change | -97.49% | -67080.0% | 376.4% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | $587.7K | $9.730M | |
YoY Change | 12.5% | ||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -2.615M | 9.040M | 54.59M |
YoY Change | -105.15% | -1013.13% | 831.32% |
NET CHANGE | |||
Cash From Operating Activities | 393.8K | 1.340M | -460.4K |
Cash From Investing Activities | -504.0K | -33.49M | -38.73M |
Cash From Financing Activities | -2.615M | 9.040M | 54.59M |
Net Change In Cash | -2.725M | -23.11M | 15.40M |
YoY Change | -109.66% | 6903.03% | -1462.18% |
FREE CASH FLOW | |||
Cash From Operating Activities | $393.8K | $1.340M | -$460.4K |
Capital Expenditures | -$500.0K | -$33.63M | -$38.68M |
Free Cash Flow | $893.8K | $34.97M | $38.22M |
YoY Change | 5632.79% | 342.47% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2014Q1 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
6530264 | shares |
CY2013Q2 | dei |
Entity Public Float
EntityPublicFloat
|
63775776 | |
CY2013Q1 | land |
Income Tax Prepayment On Deferred Intercompany Gains
IncomeTaxPrepaymentOnDeferredIntercompanyGains
|
2100000 | |
CY2013Q1 | land |
Deferred Tax Asset Amount Reversed Into Income Tax Provision
DeferredTaxAssetAmountReversedIntoIncomeTaxProvision
|
2100000 | |
CY2010Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
8547633 | |
CY2010Q4 | us-gaap |
Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
|
19551350 | |
CY2010Q4 | us-gaap |
Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
|
1790776 | |
CY2010Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1971020 | |
CY2011Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7536353 | |
CY2011Q4 | us-gaap |
Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
|
2122817 | |
CY2011Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
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|
2003854 | |
CY2011Q4 | us-gaap |
Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
|
32399715 | |
CY2011Q4 | land |
Income Tax Prepayment On Deferred Intercompany Gains
IncomeTaxPrepaymentOnDeferredIntercompanyGains
|
2100000 | |
CY2012Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
2750000 | shares |
CY2012Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
2750000 | shares |
CY2012Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
20000000 | shares |
CY2012Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2012Q4 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
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|
2535084 | |
CY2012Q4 | us-gaap |
Secured Long Term Debt
SecuredLongTermDebt
|
30717880 | |
CY2012Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | |
CY2012Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
8136726 | |
CY2012Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
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|
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CY2012Q4 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
104782 | |
CY2012Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
100000 | |
CY2012Q4 | us-gaap |
Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
|
34124 | |
CY2012Q4 | us-gaap |
Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
|
4700000 | |
CY2012Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
8133976 | |
CY2012Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
743676 | |
CY2012Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
235740 | |
CY2012Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
2750 | |
CY2012Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
40985848 | |
CY2012Q4 | us-gaap |
Other Liabilities
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269135 | |
CY2012Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
30817880 | |
CY2012Q4 | us-gaap |
Liabilities
Liabilities
|
32849122 | |
CY2012Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
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Real Estate Accumulated Depreciation
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2535084 | |
CY2012Q4 | us-gaap |
Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
|
98808 | |
CY2012Q4 | us-gaap |
Real Estate Investment Property Net
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|
37143884 | |
CY2012Q4 | us-gaap |
Deferred Offering Costs
DeferredOfferingCosts
|
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CY2012Q4 | us-gaap |
Assets
Assets
|
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CY2012Q4 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
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CY2012Q4 | us-gaap |
Income Tax Receivable
IncomeTaxReceivable
|
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CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
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CY2012Q4 | us-gaap |
Land And Land Improvements
LandAndLandImprovements
|
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CY2012Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
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CY2012Q4 | us-gaap |
Investment Building And Building Improvements
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|
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CY2012Q4 | us-gaap |
Finite Lived Intangible Assets Net
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|
208060 | |
CY2012Q4 | land |
Long Term Debt Remaining Availability
LongTermDebtRemainingAvailability
|
18250000 | |
CY2012Q4 | land |
Income Tax Prepayment On Deferred Intercompany Gains
IncomeTaxPrepaymentOnDeferredIntercompanyGains
|
2100000 | |
CY2012Q4 | land |
Administrative Fee Due To Administrator
AdministrativeFeeDueToAdministrator
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55138 | |
CY2012Q4 | land |
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CY2012Q4 | land |
Irrigation Equipment System
IrrigationEquipmentSystem
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Common Stock Shares Outstanding
CommonStockSharesOutstanding
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CY2013Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
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CY2012Q4 | us-gaap |
Deferred Finance Costs Net
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|
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CY2012Q4 | us-gaap |
Finite Lived Intangible Assets Gross
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CY2012Q4 | us-gaap |
Real Estate Gross At Carrying Value
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CY2012Q4 | us-gaap |
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OtherAssets
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CY2012Q4 | land |
Fee Due To Administrator
FeeDueToAdministrator
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55138 | |
CY2012Q4 | land |
Management Fee Due To Advisor
ManagementFeeDueToAdvisor
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46710 | |
CY2012Q4 | land |
Cooler
Cooler
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CY2012Q4 | land |
Other Due To Advisor
OtherDueToAdvisor
|
2934 | |
CY2013Q4 | us-gaap |
Land Subject To Ground Leases
LandSubjectToGroundLeases
|
181 | acre |
CY2013Q4 | us-gaap |
Area Of Real Estate Property
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|
5991 | acre |
CY2013Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
20000000 | shares |
CY2013Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2013Q4 | us-gaap |
Retained Earnings Unappropriated
RetainedEarningsUnappropriated
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CY2013Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
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CY2013Q4 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
3166870 | |
CY2013Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
51326262 | |
CY2013Q4 | us-gaap |
Operating Leases Future Minimum Payments Due
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CY2013Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
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CY2013Q4 | us-gaap |
Secured Long Term Debt
SecuredLongTermDebt
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Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
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CY2013Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | |
CY2013Q4 | us-gaap |
Real Estate And Accumulated Depreciation Amount Of Encumbrances
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43154165 | |
CY2013Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
48511992 | |
CY2013Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
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CY2013Q4 | us-gaap |
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|
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CY2013Q4 | us-gaap |
Line Of Credit
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100000 | |
CY2013Q4 | us-gaap |
Accumulated Amortization Deferred Finance Costs
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|
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CY2013Q4 | us-gaap |
Line Of Credit Facility Remaining Borrowing Capacity
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|
4700000 | |
CY2013Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-2820800 | |
CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
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|
326409 | |
CY2013Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
6530 | |
CY2013Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
93673464 | |
CY2013Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
749318 | |
CY2013Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
43154165 | |
CY2013Q4 | us-gaap |
Liabilities
Liabilities
|
45161472 | |
CY2013Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
4816299 | |
CY2013Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
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CY2013Q4 | us-gaap |
Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
|
3166870 | |
CY2013Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
5452191 | |
CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
29300 | |
CY2013Q4 | us-gaap |
Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
|
161547 | |
CY2013Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
75311183 | |
CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
113398 | |
CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
9898 | |
CY2013Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
41 | |
CY2013Q4 | us-gaap |
Assets
Assets
|
93673464 | |
CY2013Q4 | us-gaap |
Sec Schedule Iii Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Buildings And Improvements
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|
6877662 | |
CY2013Q4 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
78478053 | |
CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
16271282 | |
CY2013Q4 | us-gaap |
Land And Land Improvements
LandAndLandImprovements
|
63944307 | |
CY2013Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
680443 | |
CY2013Q4 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
2193255 | |
CY2013Q4 | us-gaap |
Business Acquisition Cost Of Acquired Entity Transaction Costs
BusinessAcquisitionCostOfAcquiredEntityTransactionCosts
|
510832 | |
CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
100497 | |
CY2013Q4 | us-gaap |
Sec Schedule Iii Real Estate Investment Property Net
SECScheduleIIIRealEstateInvestmentPropertyNet
|
75311183 | |
CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
311064 | |
CY2013Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
309933 | |
CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
637473 | |
CY2013Q4 | us-gaap |
Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
|
78478053 | |
CY2013Q4 | us-gaap |
Other Assets
OtherAssets
|
789518 | |
CY2013Q4 | us-gaap |
Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
|
6617234 | |
CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
34525 | |
CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
23446 | |
CY2013Q4 | us-gaap |
Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
|
13494896 | |
CY2013Q4 | us-gaap |
Deferred Tax Assets State Taxes
DeferredTaxAssetsStateTaxes
|
100000 | |
CY2013Q4 | land |
Fee Due To Administrator
FeeDueToAdministrator
|
59062 | |
CY2013Q4 | land |
Management Fee Due To Advisor
ManagementFeeDueToAdvisor
|
91823 | |
CY2013Q4 | land |
Cooler
Cooler
|
5293796 | |
CY2013Q4 | land |
Other Due To Advisor
OtherDueToAdvisor
|
9834 | |
CY2013Q4 | land |
Long Term Debt Remaining Availability
LongTermDebtRemainingAvailability
|
4685000 | |
CY2013Q4 | land |
Income Tax Prepayment On Deferred Intercompany Gains
IncomeTaxPrepaymentOnDeferredIntercompanyGains
|
2100000 | |
CY2013Q4 | land |
Farmable Area Of Land
FarmableAreaOfLand
|
4920 | acre |
CY2013Q4 | land |
Deferred Intercompany Gain From Land Transfer
DeferredIntercompanyGainFromLandTransfer
|
4000000 | |
CY2013Q4 | land |
Real Estate And Accumulated Depreciation Carrying Amount Of Land And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfLandAndImprovements
|
63944307 | |
CY2013Q4 | land |
Expended Cost Of Well And Irrigation Equipment
ExpendedCostOfWellAndIrrigationEquipment
|
616000 | |
CY2013Q4 | land |
Estimated Additional Cost Of Well And Irrigation Equipment
EstimatedAdditionalCostOfWellAndIrrigationEquipment
|
83000 | |
CY2013Q4 | land |
Administrative Fee Due To Administrator
AdministrativeFeeDueToAdministrator
|
59062 | |
CY2013Q4 | land |
Due To Adviser
DueToAdviser
|
101657 | |
CY2013Q4 | land |
Real Estate And Accumulated Depreciation Initial Cost Of Land And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfLandAndImprovements
|
63915407 | |
CY2013Q4 | land |
Real Estate And Accumulated Depreciation Initial Cost Of Horticulture
RealEstateAndAccumulatedDepreciationInitialCostOfHorticulture
|
1038850 | |
CY2013Q4 | land |
Cooling Facility Upgrade And Expansion Maximum Costs To Be Incurred
CoolingFacilityUpgradeAndExpansionMaximumCostsToBeIncurred
|
450000 | |
CY2013Q4 | land |
Sec Schedule Iii Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Land Improvements
SecScheduleIiiRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionLandImprovements
|
28900 | |
CY2013Q4 | land |
Real Estate And Accumulated Depreciation Carrying Amount Of Horticulture
RealEstateAndAccumulatedDepreciationCarryingAmountOfHorticulture
|
1038850 | |
CY2013Q4 | land |
Irrigation Equipment System
IrrigationEquipmentSystem
|
6007845 | |
CY2013Q4 | land |
Number Of Expiring Leases
NumberOfExpiringLeases
|
15 | Lease |
CY2013Q4 | land |
Percentage Of Aggregate Acreage
PercentageOfAggregateAcreage
|
1.000 | pure |
CY2013Q4 | land |
Percentage Of Aggregate Rental Revenue
PercentageOfAggregateRentalRevenue
|
1.000 | pure |
CY2013Q4 | land |
Sec Schedule Iii Real Estate Investment Property Including Intangible Assets Net
SecScheduleIiiRealEstateInvestmentPropertyIncludingIntangibleAssetsNet
|
75622247 | |
CY2013Q2 | us-gaap |
Lessee Leasing Arrangements Operating Leases Term Of Contract
LesseeLeasingArrangementsOperatingLeasesTermOfContract
|
P5Y | |
CY2013Q2 | land |
Lessee Leasing Arrangement Lease Renewal Term
LesseeLeasingArrangementLeaseRenewalTerm
|
P5Y | |
CY2013Q2 | land |
Minimum Annualized Lease Rental Income For Year One
MinimumAnnualizedLeaseRentalIncomeForYearOne
|
125400 | |
CY2011Q1 | us-gaap |
Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
|
422735 | |
CY2011Q1 | us-gaap |
Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
|
51719 | |
CY2010Q2 | land |
State Income Tax Related To Deferred Intercompany Stock Account
StateIncomeTaxRelatedToDeferredIntercompanyStockAccount
|
98000 | |
CY2009Q2 | land |
State Income Tax Related To Deferred Intercompany Stock Account
StateIncomeTaxRelatedToDeferredIntercompanyStockAccount
|
98000 | |
CY2011 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.340 | pure |
CY2011 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.547 | pure |
CY2011 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
2750000 | shares |
CY2011 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0.105 | pure |
CY2011 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
1898092 | |
CY2011 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.00 | |
CY2011 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.102 | pure |
CY2011 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.37 | |
CY2011 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
3000028 | |
CY2011 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
48531 | |
CY2011 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
13730 | |
CY2011 | us-gaap |
Real Estate Other Deductions
RealEstateOtherDeductions
|
||
CY2011 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
7906 | |
CY2011 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
150563 | |
CY2011 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
2958 | |
CY2011 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-517790 | |
CY2011 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-474454 | |
CY2011 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
11673328 | |
CY2011 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1282828 | |
CY2011 | us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
13071774 | |
CY2011 | us-gaap |
Interest Paid
InterestPaid
|
443543 | |
CY2011 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-1269098 | |
CY2011 | us-gaap |
Net Income Loss
NetIncomeLoss
|
6219 | |
CY2011 | us-gaap |
Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
|
||
CY2011 | us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
2964082 | |
CY2011 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-8367902 | |
CY2011 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
1017499 | |
CY2011 | us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
2964082 | |
CY2011 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
81033 | |
CY2011 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
105701 | |
CY2011 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
2888614 | |
CY2011 | us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
17428000 | |
CY2011 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-173657 | |
CY2011 | us-gaap |
Real Estate Other Acquisitions
RealEstateOtherAcquisitions
|
12284480 | |
CY2011 | us-gaap |
Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
|
||
CY2011 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
32834 | |
CY2011 | us-gaap |
Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
|
332041 | |
CY2011 | us-gaap |
Interest Expense
InterestExpense
|
805508 | |
CY2011 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
63489 | |
CY2011 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-4753872 | |
CY2011 | us-gaap |
Real Estate Improvements
RealEstateImprovements
|
563885 | |
CY2011 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
460317 | |
CY2011 | us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
1200000 | |
CY2011 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
505568 | |
CY2011 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
26368 | |
CY2011 | us-gaap |
Cost Of Other Property Operating Expense
CostOfOtherPropertyOperatingExpense
|
84397 | |
CY2011 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
173527 | |
CY2011 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
181168 | |
CY2011 | us-gaap |
Professional Fees
ProfessionalFees
|
612596 | |
CY2011 | us-gaap |
Dividends
Dividends
|
1017499 | |
CY2011 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
241066 | |
CY2011 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
7511 | |
CY2011 | land |
Administration Fee
AdministrationFee
|
68437 | |
CY2011 | land |
Management Advisory Fee Allocated Overhead Expenses
ManagementAdvisoryFeeAllocatedOverheadExpenses
|
43013 | |
CY2011 | land |
Management Advisory Fee Allocated Payroll And Benefits
ManagementAdvisoryFeeAllocatedPayrollAndBenefits
|
198053 | |
CY2011 | land |
Related Party Transaction Management Fee Paid
RelatedPartyTransactionManagementFeePaid
|
241066 | |
CY2011 | land |
Short Term Investments Income
ShortTermInvestmentsIncome
|
0 | |
CY2011 | land |
Administration Fee Allocated Payroll And Benefits
AdministrationFeeAllocatedPayrollAndBenefits
|
51323 | |
CY2011 | land |
Administration Fee Allocated Overhead Expenses
AdministrationFeeAllocatedOverheadExpenses
|
17114 | |
CY2011 | land |
Related Party Transaction Administration Fee
RelatedPartyTransactionAdministrationFee
|
68437 | |
CY2011 | land |
Operating Expenses Before Credit To Incentive Fee
OperatingExpensesBeforeCreditToIncentiveFee
|
1681254 | |
CY2011 | land |
Operating Expenses Net Of Credit To Incentive Fee
OperatingExpensesNetOfCreditToIncentiveFee
|
1681254 | |
CY2011 | land |
Related Party Transaction Prior Management Advisory Fee
RelatedPartyTransactionPriorManagementAdvisoryFee
|
241066 | |
CY2011 | land |
Related Party Transaction Net Incentive Fee
RelatedPartyTransactionNetIncentiveFee
|
||
CY2011 | land |
Related Party Transaction Prior Administration Fee
RelatedPartyTransactionPriorAdministrationFee
|
68437 | |
CY2011 | land |
Payment For Deposits On Future Acquisitions
PaymentForDepositsOnFutureAcquisitions
|
50000 | |
CY2011 | land |
Percentage Of Ordinary Income Distributions
PercentageOfOrdinaryIncomeDistributions
|
1.00 | pure |
CY2013 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2013 | dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | |
CY2013 | dei |
Entity Registrant Name
EntityRegistrantName
|
GLADSTONE LAND Corp | |
CY2013 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2013 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2013 | |
CY2013 | dei |
Document Type
DocumentType
|
10-K | |
CY2013 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2013-12-31 | |
CY2013 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001495240 | |
CY2013 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | |
CY2013 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2013 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2013 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.000 | pure |
CY2013 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
5.151 | pure |
CY2013 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
6214557 | shares |
CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
4.734 | pure |
CY2013 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-460353 | |
CY2013 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.20 | |
CY2013 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> <b>Reclassifications</b></p> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> Certain line items on the <i>Consolidated Balance Sheet</i> as of December 31, 2012, and the <i>Consolidated Statement of Operations</i> for the years ended December 31, 2012 and 2011 have been reclassified to conform to the current-year presentation. These reclassifications had no effect on previously-reported stockholders’ equity or net income.</p> </div> | |
CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.417 | pure |
CY2013 | us-gaap |
Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
|
P2Y10M24D | |
CY2013 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
1.49 | |
CY2013 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> <b>Use of Estimates</b></p> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could materially differ from those estimates.</p> </div> | |
CY2013 | us-gaap |
Debt Instrument Interest Rate Terms
DebtInstrumentInterestRateTerms
|
three-month LIBOR plus 3.00% | |
CY2013 | us-gaap |
Tenant Reimbursements
TenantReimbursements
|
10451 | |
CY2013 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
1600000 | |
CY2013 | us-gaap |
Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
|
37306120 | |
CY2013 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
35807 | |
CY2013 | us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
19994981 | |
CY2013 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
295047 | |
CY2013 | us-gaap |
Real Estate Other Deductions
RealEstateOtherDeductions
|
||
CY2013 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
2274727 | |
CY2013 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
56234 | |
CY2013 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-25205 | |
CY2013 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
1228715 | |
CY2013 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1357453 | |
CY2013 | us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
-497087 | |
CY2013 | us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
37871978 | |
CY2013 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
5746 | |
CY2013 | us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
5811314 | |
CY2013 | us-gaap |
Interest Paid
InterestPaid
|
1055333 | |
CY2013 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
4687579 | |
CY2013 | us-gaap |
Other Income
OtherIncome
|
0 | |
CY2013 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-1062406 | |
CY2013 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1224683 | |
CY2013 | us-gaap |
Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
|
||
CY2013 | us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
4027687 | |
CY2013 | us-gaap |
Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
|
811605 | |
CY2013 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
51330042 | |
CY2013 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
41 | |
CY2013 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
9730093 | |
CY2013 | us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
4038138 | |
CY2013 | us-gaap |
Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
|
20000000 | |
CY2013 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
250139 | |
CY2013 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
56703960 | |
CY2013 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
679090 | |
CY2013 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
54586766 | |
CY2013 | us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
13565000 | |
CY2013 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-743676 | |
CY2013 | us-gaap |
Real Estate Other Acquisitions
RealEstateOtherAcquisitions
|
37768162 | |
CY2013 | us-gaap |
Incentive Fee Expense
IncentiveFeeExpense
|
41037 | |
CY2013 | us-gaap |
Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
|
||
CY2013 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
15397808 | |
CY2013 | us-gaap |
Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
|
631786 | |
CY2013 | us-gaap |
Interest Expense
InterestExpense
|
1118640 | |
CY2013 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
153725 | |
CY2013 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-38728605 | |
CY2013 | us-gaap |
Real Estate Improvements
RealEstateImprovements
|
1030923 | |
CY2013 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
50000000 | |
CY2013 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
548800 | |
CY2013 | us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
1600000 | |
CY2013 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
722455 | |
CY2013 | us-gaap |
Real Estate Tax Expense
RealEstateTaxExpense
|
410000 | |
CY2013 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
30024 | |
CY2013 | us-gaap |
Cost Of Other Property Operating Expense
CostOfOtherPropertyOperatingExpense
|
119463 | |
CY2013 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
90669 | |
CY2013 | us-gaap |
Professional Fees
ProfessionalFees
|
615879 | |
CY2013 | us-gaap |
Dividends
Dividends
|
9730093 | |
CY2013 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
0 | |
CY2013 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
195609 | |
CY2013 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1519730 | |
CY2013 | land |
Business Acquisitions Pro Forma Income Tax Expense Benefit
BusinessAcquisitionsProFormaIncomeTaxExpenseBenefit
|
2039672 | |
CY2013 | land |
Maximum Payroll And Benefits Reimbursed As Percentage Of Average Invested Assets
MaximumPayrollAndBenefitsReimbursedAsPercentageOfAverageInvestedAssets
|
0.020 | pure |
CY2013 | land |
Operating Leases Expiration Month Year
OperatingLeasesExpirationMonthYear
|
2018-06 | |
CY2013 | land |
Administration Fee Allocated Payroll And Benefits
AdministrationFeeAllocatedPayrollAndBenefits
|
14034 | |
CY2013 | land |
Real Estate Properties Revenue Recognized
RealEstatePropertiesRevenueRecognized
|
4027687 | |
CY2013 | land |
Annualized Straight Line Rent Escalations
AnnualizedStraightLineRentEscalations
|
2070955 | |
CY2013 | land |
Payment For Deposits On Future Acquisitions
PaymentForDepositsOnFutureAcquisitions
|
200000 | |
CY2013 | land |
Number Of Installment Paid
NumberOfInstallmentPaid
|
2 | Installment |
CY2013 | land |
Additional Debt To Finance Farms Acquisition
AdditionalDebtToFinanceFarmsAcquisition
|
0 | |
CY2013 | land |
State Income Tax Related To Deferred Intercompany Stock Account Remittance Period
StateIncomeTaxRelatedToDeferredIntercompanyStockAccountRemittancePeriod
|
P5Y | |
CY2013 | land |
Administration Fee
AdministrationFee
|
194464 | |
CY2013 | land |
Management Advisory Fee Allocated Overhead Expenses
ManagementAdvisoryFeeAllocatedOverheadExpenses
|
7538 | |
CY2013 | land |
Related Party Transaction Amended Administration Fee
RelatedPartyTransactionAmendedAdministrationFee
|
175932 | |
CY2013 | land |
Maximum Cost Of Irrigation Equipment
MaximumCostOfIrrigationEquipment
|
700000 | |
CY2013 | land |
Maximum Management Advisory Fee As Percentage Of Average Invested Assets
MaximumManagementAdvisoryFeeAsPercentageOfAverageInvestedAssets
|
0.020 | pure |
CY2013 | land |
Number Of Real Estate Farms
NumberOfRealEstateFarms
|
21 | Farm |
CY2013 | land |
Credit To Incentive Fee
CreditToIncentiveFee
|
41037 | |
CY2013 | land |
Business Acquisitions Pro Forma Operating Expenses
BusinessAcquisitionsProFormaOperatingExpenses
|
3220071 | |
CY2013 | land |
Overhead Expense Reimbursements Limitation Period
OverheadExpenseReimbursementsLimitationPeriod
|
P1Y | |
CY2013 | land |
Management Advisory Fee Allocated Payroll And Benefits
ManagementAdvisoryFeeAllocatedPayrollAndBenefits
|
38668 | |
CY2013 | land |
Debt Instrument Weighted Average Interest Rate
DebtInstrumentWeightedAverageInterestRate
|
0.036 | pure |
CY2013 | land |
Related Party Transaction Management Fee Paid
RelatedPartyTransactionManagementFeePaid
|
195609 | |
CY2013 | land |
Number Of Farms
NumberOfFarms
|
21 | Farm |
CY2013 | land |
Number Of Farms Acquired Not Covered Under Business Combination
NumberOfFarmsAcquiredNotCoveredUnderBusinessCombination
|
9 | Farm |
CY2013 | land |
Business Acquisitions Pro Forma Net Income Loss Before Income Tax
BusinessAcquisitionsProFormaNetIncomeLossBeforeIncomeTax
|
1542585 | |
CY2013 | land |
Decrease In Net Income Due To Out Of Period Adjustment
DecreaseInNetIncomeDueToOutOfPeriodAdjustment
|
40438 | |
CY2013 | land |
Cooling Facility Upgrade And Expansion Costs Incurred
CoolingFacilityUpgradeAndExpansionCostsIncurred
|
352000 | |
CY2013 | land |
Percentage Of Distributions Taxable As Ordinary Dividend
PercentageOfDistributionsTaxableAsOrdinaryDividend
|
1.00 | pure |
CY2013 | land |
Annual Base Management Fee In Percentage Of Stockholders Equity In Excess Of Recorded Value Of Preferred Stock
AnnualBaseManagementFeeInPercentageOfStockholdersEquityInExcessOfRecordedValueOfPreferredStock
|
0.010 | pure |
CY2013 | land |
Area Of Real Estate Property Acquired
AreaOfRealEstatePropertyAcquired
|
4360 | acre |
CY2013 | land |
Minimum Percentage Likelihood To Recognize Tax Benefit From Uncertain Tax Position
MinimumPercentageLikelihoodToRecognizeTaxBenefitFromUncertainTaxPosition
|
0.50 | pure |
CY2013 | land |
Administration Fee Allocated Overhead Expenses
AdministrationFeeAllocatedOverheadExpenses
|
4498 | |
CY2013 | land |
Percentage Of Rental Revenue
PercentageOfRentalRevenue
|
1.000 | pure |
CY2013 | land |
Percentage Of Expected Annual Base Management Fee To Aggregate Stockholders Equity
PercentageOfExpectedAnnualBaseManagementFeeToAggregateStockholdersEquity
|
0.020 | pure |
CY2013 | land |
Percentage Of Area Of Land
PercentageOfAreaOfLand
|
1.000 | pure |
CY2013 | land |
Business Acquisition Pro Forma Earnings Per Share Basic And Diluted
BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted
|
-0.08 | |
CY2013 | land |
Amortization Of Deferred Rent Asset And Liability Net
AmortizationOfDeferredRentAssetAndLiabilityNet
|
-68617 | |
CY2013 | land |
Debt Instrument Minimum Annualized Rate
DebtInstrumentMinimumAnnualizedRate
|
0.0325 | pure |
CY2013 | land |
Related Party Transaction Administration Fee
RelatedPartyTransactionAdministrationFee
|
194464 | |
CY2012 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
||
CY2012 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
4205000 | |
CY2013 | land |
Percentage Of Distributions Classified As Qualified Dividends
PercentageOfDistributionsClassifiedAsQualifiedDividends
|
0.9853746 | pure |
CY2013 | land |
Benefit From Real Estate Investment Trust Conversion
BenefitFromRealEstateInvestmentTrustConversion
|
743676 | |
CY2012 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.340 | pure |
CY2013 | land |
Additions To Real Estate Included In Accounts Payable And Accrued Expenses
AdditionsToRealEstateIncludedInAccountsPayableAndAccruedExpenses
|
309174 | |
CY2013 | land |
Maximum Overhead Expenses As Percentage Of Average Invested Assets
MaximumOverheadExpensesAsPercentageOfAverageInvestedAssets
|
0.020 | pure |
CY2013 | land |
Area Of Real Estate Properties
AreaOfRealEstateProperties
|
5991 | acre |
CY2013 | land |
Business Acquisitions Pro Forma Other Expense
BusinessAcquisitionsProFormaOtherExpense
|
1048658 | |
CY2013 | land |
Business Acquisition Pro Forma Weighted Average Number Of Common Shares Outstanding Basic And Diluted
BusinessAcquisitionProFormaWeightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted
|
6428877 | shares |
CY2013 | land |
Number Of Farms Acquired
NumberOfFarmsAcquired
|
9 | Farm |
CY2013 | land |
Operating Expenses Before Credit To Incentive Fee
OperatingExpensesBeforeCreditToIncentiveFee
|
2721722 | |
CY2013 | land |
Operating Expenses Net Of Credit To Incentive Fee
OperatingExpensesNetOfCreditToIncentiveFee
|
2680685 | |
CY2013 | land |
Proceeds From Refund On Deposits
ProceedsFromRefundOnDeposits
|
150000 | |
CY2013 | land |
Initial Farmable Area Under Lease
InitialFarmableAreaUnderLease
|
121 | acre |
CY2013 | land |
Additional Farmable Area Under Lease
AdditionalFarmableAreaUnderLease
|
60 | acre |
CY2013 | land |
Related Party Transaction Prior Management Advisory Fee
RelatedPartyTransactionPriorManagementAdvisoryFee
|
46206 | |
CY2013 | land |
Related Party Transaction Amended Base Management Fee
RelatedPartyTransactionAmendedBaseManagementFee
|
149403 | |
CY2013 | land |
Related Party Transaction Incentive Fee
RelatedPartyTransactionIncentiveFee
|
41037 | |
CY2013 | land |
Related Party Transaction Credit From Voluntary Irrevocable
RelatedPartyTransactionCreditFromVoluntaryIrrevocable
|
41037 | |
CY2013 | land |
Related Party Transaction Net Incentive Fee
RelatedPartyTransactionNetIncentiveFee
|
||
CY2013 | land |
Related Party Transaction Prior Administration Fee
RelatedPartyTransactionPriorAdministrationFee
|
18532 | |
CY2012 | us-gaap |
Line Of Credit Facility Expiration Date1
LineOfCreditFacilityExpirationDate1
|
2012-05-31 | |
CY2012 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.333 | pure |
CY2012 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
2750000 | shares |
CY2012 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
-0.047 | pure |
CY2012 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
1137777 | |
CY2012 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.22 | |
CY2012 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.040 | pure |
CY2012 | us-gaap |
Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
|
P3Y2M12D | |
CY2012 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
137337 | |
CY2012 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
900692 | |
CY2012 | us-gaap |
Real Estate Other Deductions
RealEstateOtherDeductions
|
||
CY2012 | us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
1459917 | |
CY2012 | us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
7499644 | |
CY2012 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
168 | |
CY2012 | us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
5701778 | |
CY2012 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
4233 | |
CY2012 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
464772 | |
CY2012 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1830 | |
CY2012 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
609131 | |
CY2012 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
917120 | |
CY2012 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1901615 | |
CY2012 | us-gaap |
Interest Paid
InterestPaid
|
854876 | |
CY2012 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
686339 | |
CY2012 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-1000923 | |
CY2012 | us-gaap |
Net Income Loss
NetIncomeLoss
|
600373 | |
CY2012 | us-gaap |
Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
|
||
CY2012 | us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
3390594 | |
CY2012 | us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
3390594 | |
CY2012 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
235090 | |
CY2012 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
50344 | |
CY2012 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
5861204 | |
CY2012 | us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
8707000 | |
CY2012 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
568675 | |
CY2012 | us-gaap |
Real Estate Other Acquisitions
RealEstateOtherAcquisitions
|
7279253 | |
CY2012 | us-gaap |
Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
|
||
CY2012 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-1130380 | |
CY2012 | us-gaap |
Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
|
412267 | |
CY2012 | us-gaap |
Interest Expense
InterestExpense
|
1006986 | |
CY2012 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
153494 | |
CY2012 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-8129361 | |
CY2012 | us-gaap |
Real Estate Improvements
RealEstateImprovements
|
||
CY2012 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-145330 | |
CY2012 | us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
3100000 | |
CY2012 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
474480 | |
CY2012 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
59472 | |
CY2012 | us-gaap |
Cost Of Other Property Operating Expense
CostOfOtherPropertyOperatingExpense
|
117569 | |
CY2012 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
62213 | |
CY2012 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
-268356 | |
CY2012 | us-gaap |
Professional Fees
ProfessionalFees
|
245414 | |
CY2012 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
267280 | |
CY2012 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
300319 | |
CY2012 | land |
Business Acquisitions Pro Forma Income Tax Expense Benefit
BusinessAcquisitionsProFormaIncomeTaxExpenseBenefit
|
828066 | |
CY2012 | land |
Administration Fee
AdministrationFee
|
180398 | |
CY2012 | land |
Management Advisory Fee Allocated Overhead Expenses
ManagementAdvisoryFeeAllocatedOverheadExpenses
|
42349 | |
CY2012 | land |
Business Acquisitions Pro Forma Operating Expenses
BusinessAcquisitionsProFormaOperatingExpenses
|
2245982 | |
CY2012 | land |
Management Advisory Fee Allocated Payroll And Benefits
ManagementAdvisoryFeeAllocatedPayrollAndBenefits
|
224931 | |
CY2012 | land |
Debt Instrument Weighted Average Interest Rate
DebtInstrumentWeightedAverageInterestRate
|
0.037 | pure |
CY2012 | land |
Related Party Transaction Management Fee Paid
RelatedPartyTransactionManagementFeePaid
|
267280 | |
CY2012 | land |
Payments To Acquire Certificates Of Deposit
PaymentsToAcquireCertificatesOfDeposit
|
679717 | |
CY2012 | land |
Administration Fee Allocated Payroll And Benefits
AdministrationFeeAllocatedPayrollAndBenefits
|
143381 | |
CY2012 | land |
Real Estate Properties Revenue Recognized
RealEstatePropertiesRevenueRecognized
|
3390594 | |
CY2012 | land |
Business Acquisitions Pro Forma Net Income Loss Before Income Tax
BusinessAcquisitionsProFormaNetIncomeLossBeforeIncomeTax
|
2287983 | |
CY2012 | land |
Administration Fee Allocated Overhead Expenses
AdministrationFeeAllocatedOverheadExpenses
|
37017 | |
CY2012 | land |
Percentage Of Rental Revenue
PercentageOfRentalRevenue
|
1.000 | pure |
CY2012 | land |
Percentage Of Area Of Land
PercentageOfAreaOfLand
|
1.000 | pure |
CY2012 | land |
Business Acquisition Pro Forma Earnings Per Share Basic And Diluted
BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted
|
0.26 | |
CY2012 | land |
Amortization Of Deferred Rent Asset And Liability Net
AmortizationOfDeferredRentAssetAndLiabilityNet
|
-45852 | |
CY2012 | land |
Related Party Transaction Administration Fee
RelatedPartyTransactionAdministrationFee
|
180398 | |
CY2012 | land |
Dividend Declared Or Paid
DividendDeclaredOrPaid
|
0 | |
CY2012 | land |
Number Of Farms
NumberOfFarms
|
12 | Farm |
CY2012 | land |
Area Of Real Estate Properties
AreaOfRealEstateProperties
|
1631 | acre |
CY2012 | land |
Business Acquisitions Pro Forma Other Expense
BusinessAcquisitionsProFormaOtherExpense
|
1167813 | |
CY2012 | land |
Business Acquisition Pro Forma Weighted Average Number Of Common Shares Outstanding Basic And Diluted
BusinessAcquisitionProFormaWeightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted
|
5543811 | shares |
CY2012 | land |
Write Off Of Unamortized Deferred Financing Costs Of Line Of Credit Facilities
WriteOffOfUnamortizedDeferredFinancingCostsOfLineOfCreditFacilities
|
35511 | |
CY2012 | land |
Number Of Farms Acquired
NumberOfFarmsAcquired
|
4 | Farm |
CY2012 | land |
Operating Expenses Before Credit To Incentive Fee
OperatingExpensesBeforeCreditToIncentiveFee
|
1488979 | |
CY2012 | land |
Operating Expenses Net Of Credit To Incentive Fee
OperatingExpensesNetOfCreditToIncentiveFee
|
1488979 | |
CY2012 | land |
Proceeds From Refund On Deposits
ProceedsFromRefundOnDeposits
|
200000 | |
CY2012 | land |
Related Party Transaction Prior Management Advisory Fee
RelatedPartyTransactionPriorManagementAdvisoryFee
|
267280 | |
CY2012 | land |
Related Party Transaction Incentive Fee
RelatedPartyTransactionIncentiveFee
|
0 | |
CY2012 | land |
Related Party Transaction Net Incentive Fee
RelatedPartyTransactionNetIncentiveFee
|
||
CY2012 | land |
Related Party Transaction Prior Administration Fee
RelatedPartyTransactionPriorAdministrationFee
|
180398 | |
CY2012 | land |
Payment For Deposits On Future Acquisitions
PaymentForDepositsOnFutureAcquisitions
|
150000 | |
CY2012 | land |
Number Of Farms Acquired Not Covered Under Business Combination
NumberOfFarmsAcquiredNotCoveredUnderBusinessCombination
|
4 | Farm |
CY2012 | land |
Offering Costs Included In Accounts Payable And Accrued Liabilities
OfferingCostsIncludedInAccountsPayableAndAccruedLiabilities
|
319756 | |
CY2013Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
5249898 | shares |
CY2013Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.01 | |
CY2013Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
106705 | |
CY2013Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-269773 | |
CY2013Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
47516 | |
CY2013Q1 | us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
914583 | |
CY2013Q1 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
538105 | |
CY2013Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
59189 | |
CY2013Q1 | land |
Related Party Transaction Incentive Fee
RelatedPartyTransactionIncentiveFee
|
41037 | |
CY2012Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
2750000 | shares |
CY2012Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.07 | |
CY2012Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
281404 | |
CY2012Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-214669 | |
CY2012Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
187574 | |
CY2012Q1 | us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
813475 | |
CY2012Q1 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
317402 | |
CY2012Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
93830 | |
CY2012Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
2750000 | shares |
CY2012Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.07 | |
CY2012Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
303489 | |
CY2012Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-253487 | |
CY2012Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
202296 | |
CY2012Q2 | us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
811900 | |
CY2012Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
254924 | |
CY2012Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
101193 | |
CY2013Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
6530264 | shares |
CY2013Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.00 | |
CY2013Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
77194 | |
CY2013Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-261229 | |
CY2013Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
30356 | |
CY2013Q2 | us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
949756 | |
CY2013Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
611333 | |
CY2013Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
46838 | |
CY2012Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
2750000 | shares |
CY2012Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.01 | |
CY2012Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
59683 | |
CY2012Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-245937 | |
CY2012Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
39783 | |
CY2012Q3 | us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
848462 | |
CY2012Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
542842 | |
CY2012Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
19900 | |
CY2013Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
6530264 | shares |
CY2013Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.00 | |
CY2013Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
90166 | |
CY2013Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-258450 | |
CY2013Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
4760 | |
CY2013Q3 | us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
996096 | |
CY2013Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
647480 | |
CY2013Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
85406 | |
CY2012Q4 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
2750000 | shares |
CY2012Q4 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.06 | |
CY2012Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
256116 | |
CY2012Q4 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-286830 | |
CY2012Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
170720 | |
CY2012Q4 | us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
916757 | |
CY2012Q4 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
373811 | |
CY2012Q4 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
85396 | |
CY2013Q4 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
6530264 | shares |
CY2013Q4 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.20 | |
CY2013Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
20982 | |
CY2013Q4 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-272954 | |
CY2013Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1307315 | |
CY2013Q4 | us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
1177703 | |
CY2013Q4 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
883767 | |
CY2013Q4 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1328297 | |
CY2013Q4 | land |
Pre Incentive Fee In Percentage Of Common Stockholders Equity That Awards Adviser Hundred Percent Of Amount Of Pre Incentive Fee Maximum Percentage
PreIncentiveFeeInPercentageOfCommonStockholdersEquityThatAwardsAdviserHundredPercentOfAmountOfPreIncentiveFeeMaximumPercentage
|
0.021875 | pure |
CY2013Q4 | land |
Amount To Be Paid To Adviser In Percentage Of Pre Incentive Fee Condition Two
AmountToBePaidToAdviserInPercentageOfPreIncentiveFeeConditionTwo
|
0.20 | pure |
CY2013Q4 | land |
Incentive Fee Per Advisory Agreement
IncentiveFeePerAdvisoryAgreement
|
0.0175 | pure |
CY2013Q4 | land |
Amount To Be Paid To Adviser In Percentage Of Pre Incentive Fee Condition One
AmountToBePaidToAdviserInPercentageOfPreIncentiveFeeConditionOne
|
1.00 | pure |
CY2013Q4 | land |
Maximum Annual Percentage Of Adjusted Stockholders Equity To Pay Full Pre Incentive Fee To Adviser
MaximumAnnualPercentageOfAdjustedStockholdersEquityToPayFullPreIncentiveFeeToAdviser
|
0.0875 | pure |
CY2013Q4 | land |
Pre Incentive Fee In Percentage Of Common Stockholders Equity That Awards Adviser Twenty Percent Of Amount Of Pre Incentive Fee Minimum Percentage
PreIncentiveFeeInPercentageOfCommonStockholdersEquityThatAwardsAdviserTwentyPercentOfAmountOfPreIncentiveFeeMinimumPercentage
|
0.021875 | pure |
CY2013Q4 | land |
Annualized Incentive Fee Per Advisory Agreement
AnnualizedIncentiveFeePerAdvisoryAgreement
|
0.07 | pure |