2015 Q1 Form 10-K Financial Statement
#000119312515060215 Filed on February 24, 2015
Income Statement
Concept | 2015 Q1 | 2014 Q4 | 2014 Q3 |
---|---|---|---|
Revenue | $2.626M | $2.346M | $1.778M |
YoY Change | 75.56% | 99.17% | 78.46% |
Cost Of Revenue | $500.0K | $1.800M | $1.476M |
YoY Change | -54.56% | 103.67% | 127.97% |
Gross Profit | $2.120M | $545.7K | $301.6K |
YoY Change | 436.46% | 85.66% | -13.49% |
Gross Profit Margin | 80.74% | 23.27% | 16.97% |
Selling, General & Admin | $530.0K | $490.0K | $480.0K |
YoY Change | 15.22% | 6.52% | 29.73% |
% of Gross Profit | 25.0% | 89.79% | 159.16% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $791.6K | $670.0K | $447.3K |
YoY Change | 174.84% | 219.05% | 160.41% |
% of Gross Profit | 37.34% | 122.77% | 148.3% |
Operating Expenses | $1.671M | $1.800M | $1.476M |
YoY Change | 51.87% | 168.65% | 168.38% |
Operating Profit | $954.5K | -$1.254M | $301.6K |
YoY Change | 141.54% | 233.51% | -13.49% |
Interest Expense | $949.4K | -$730.0K | $501.1K |
YoY Change | 153.81% | 170.37% | 81.53% |
% of Operating Profit | 99.46% | 166.15% | |
Other Income/Expense, Net | -$929.9K | -$484.7K | -$194.4K |
YoY Change | 152.95% | 77.56% | -24.8% |
Pretax Income | $24.57K | $61.07K | $107.2K |
YoY Change | -10.77% | 191.04% | 18.93% |
Income Tax | $0.00 | $6.399K | $6.857K |
% Of Pretax Income | 0.0% | 10.48% | 6.39% |
Net Earnings | $24.57K | $54.67K | $100.4K |
YoY Change | 17.48% | -104.18% | 2008.72% |
Net Earnings / Revenue | 0.94% | 2.33% | 5.65% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | $2.581K | $6.452K | $15.13K |
COMMON SHARES | |||
Basic Shares Outstanding | 7.754M shares | 7.754M shares | 6.530M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2015 Q1 | 2014 Q4 | 2014 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $2.200M | $2.600M | $3.000M |
YoY Change | -83.7% | -84.05% | -92.39% |
Cash & Equivalents | $2.180M | $2.619M | $3.031M |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $2.200M | $2.600M | $3.000M |
YoY Change | -83.7% | -84.05% | -92.39% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $165.0M | $143.9M | $113.2M |
YoY Change | 117.97% | 91.1% | 170.17% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $700.0K | ||
YoY Change | 0.0% | ||
Other Assets | $1.300M | $1.400M | $1.100M |
YoY Change | 85.71% | 366.67% | 266.67% |
Total Long-Term Assets | $169.9M | $149.1M | $117.6M |
YoY Change | 117.48% | 92.71% | 154.03% |
TOTAL ASSETS | |||
Total Short-Term Assets | $2.200M | $2.600M | $3.000M |
Total Long-Term Assets | $169.9M | $149.1M | $117.6M |
Total Assets | $172.1M | $151.7M | $120.6M |
YoY Change | 87.84% | 61.95% | 40.75% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $2.400M | $1.900M | $900.0K |
YoY Change | 140.0% | 72.73% | 28.57% |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $2.500M | $2.400M | $1.300M |
YoY Change | 92.31% | 84.62% | 62.5% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $106.7M | $86.40M | $57.30M |
YoY Change | 157.73% | 100.0% | 93.58% |
Other Long-Term Liabilities | $3.800M | $2.900M | $2.100M |
YoY Change | 322.22% | 314.29% | 600.0% |
Total Long-Term Liabilities | $110.5M | $89.30M | $59.40M |
YoY Change | 161.23% | 103.42% | 98.66% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $2.500M | $2.400M | $1.300M |
Total Long-Term Liabilities | $110.5M | $89.30M | $59.40M |
Total Liabilities | $112.9M | $91.73M | $60.83M |
YoY Change | 158.55% | 103.12% | 93.88% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$6.194M | -$5.405M | -$4.764M |
YoY Change | 82.85% | 91.6% | -259.2% |
Common Stock | $65.37M | $65.37M | $7.680K |
YoY Change | 1000957.63% | 1001034.2% | 17.61% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $59.17M | $59.97M | $59.79M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $172.1M | $151.7M | $120.6M |
YoY Change | 87.84% | 61.95% | 40.75% |
Cashflow Statement
Concept | 2015 Q1 | 2014 Q4 | 2014 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $24.57K | $54.67K | $100.4K |
YoY Change | 17.48% | -104.18% | 2008.72% |
Depreciation, Depletion And Amortization | $791.6K | $670.0K | $447.3K |
YoY Change | 174.84% | 219.05% | 160.41% |
Cash From Operating Activities | $270.0K | $1.510M | $1.290M |
YoY Change | -31.43% | 12.69% | -1272.73% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$20.27M | -$31.51M | -$27.36M |
YoY Change | 3954.0% | -6.3% | 7294.59% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $230.0K | $360.0K | -$300.0K |
YoY Change | 157.14% | 50.0% | |
Cash From Investing Activities | -$20.03M | -$31.14M | -$27.66M |
YoY Change | 3873.9% | -7.02% | 4839.29% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | $814.1K | ||
YoY Change | 38.52% | ||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 19.33M | 29.22M | 25.56M |
YoY Change | -839.33% | 223.23% | -1187.66% |
NET CHANGE | |||
Cash From Operating Activities | 270.0K | 1.510M | 1.290M |
Cash From Investing Activities | -20.03M | -31.14M | -27.66M |
Cash From Financing Activities | 19.33M | 29.22M | 25.56M |
Net Change In Cash | -430.0K | -410.0K | -810.0K |
YoY Change | -84.22% | -98.23% | -73.18% |
FREE CASH FLOW | |||
Cash From Operating Activities | $270.0K | $1.510M | $1.290M |
Capital Expenditures | -$20.27M | -$31.51M | -$27.36M |
Free Cash Flow | $20.54M | $33.02M | $28.65M |
YoY Change | 2198.16% | -5.58% | 10919.23% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2014Q1 | land |
Expended Cost Of Well And Irrigation Equipment
ExpendedCostOfWellAndIrrigationEquipment
|
616071 | |
CY2015Q1 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
7753717 | shares |
CY2014Q2 | dei |
Entity Public Float
EntityPublicFloat
|
48927147 | |
CY2011Q4 | us-gaap |
Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
|
2122817 | |
CY2011Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7536353 | |
CY2011Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2003854 | |
CY2011Q4 | us-gaap |
Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
|
32399715 | |
CY2012Q4 | us-gaap |
Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
|
2535084 | |
CY2012Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
8136726 | |
CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
873474 | |
CY2012Q4 | us-gaap |
Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
|
45852 | |
CY2012Q4 | us-gaap |
Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
|
39678968 | |
CY2013Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
6530264 | shares |
CY2013Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
6530264 | shares |
CY2013Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
20000000 | shares |
CY2013Q4 | us-gaap |
Area Of Real Estate Property
AreaOfRealEstateProperty
|
6000 | acre |
CY2013Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2013Q4 | us-gaap |
Secured Long Term Debt
SecuredLongTermDebt
|
43054165 | |
CY2013Q4 | us-gaap |
Retained Earnings Unappropriated
RetainedEarningsUnappropriated
|
9600000 | |
CY2013Q4 | us-gaap |
Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
|
3166870 | |
CY2013Q4 | us-gaap |
Debt Instrument Unused Borrowing Capacity Amount
DebtInstrumentUnusedBorrowingCapacityAmount
|
4685000 | |
CY2013Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
749318 | |
CY2013Q4 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
160719 | |
CY2013Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
6530 | |
CY2013Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2013Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
1097270 | |
CY2013Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-2820800 | |
CY2013Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
48511992 | |
CY2013Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
93673464 | |
CY2013Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
51326262 | |
CY2013Q4 | us-gaap |
Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
|
64148 | |
CY2013Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
100000 | |
CY2013Q4 | us-gaap |
Liabilities
Liabilities
|
45161472 | |
CY2013Q4 | us-gaap |
Below Market Lease Gross
BelowMarketLeaseGross
|
260356 | |
CY2013Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
43154165 | |
CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
16271282 | |
CY2013Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
75311183 | |
CY2013Q4 | us-gaap |
Land And Land Improvements
LandAndLandImprovements
|
63944307 | |
CY2013Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
41 | |
CY2013Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
311064 | |
CY2013Q4 | us-gaap |
Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
|
114469 | |
CY2013Q4 | us-gaap |
Other Assets
OtherAssets
|
789518 | |
CY2013Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
309933 | |
CY2013Q4 | us-gaap |
Assets
Assets
|
93673464 | |
CY2013Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
680443 | |
CY2013Q4 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
7487051 | |
CY2013Q4 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
0 | |
CY2013Q4 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
78478053 | |
CY2013Q4 | us-gaap |
Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
|
78478053 | |
CY2013Q4 | land |
Fee Due To Administrator
FeeDueToAdministrator
|
59062 | |
CY2013Q4 | land |
Management Fee Due To Advisor
ManagementFeeDueToAdvisor
|
91823 | |
CY2013Q4 | land |
Income Tax Prepayment On Deferred Intercompany Gains
IncomeTaxPrepaymentOnDeferredIntercompanyGains
|
2100000 | |
CY2013Q4 | land |
Due To Adviser
DueToAdviser
|
101657 | |
CY2013Q4 | land |
Real Estate And Accumulated Depreciation Carrying Amount Of Horticulture
RealEstateAndAccumulatedDepreciationCarryingAmountOfHorticulture
|
1038850 | |
CY2013Q4 | land |
Other Due To Advisor
OtherDueToAdvisor
|
9834 | |
CY2013Q4 | land |
Irrigation Equipment System
IrrigationEquipmentSystem
|
6007845 | |
CY2013Q4 | land |
Administrative Fee Due To Administrator
AdministrativeFeeDueToAdministrator
|
59062 | |
CY2014Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
7753717 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
7753717 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
20000000 | shares |
CY2014Q4 | us-gaap |
Area Of Real Estate Property
AreaOfRealEstateProperty
|
8039 | acre |
CY2014Q4 | us-gaap |
Land Subject To Ground Leases
LandSubjectToGroundLeases
|
181 | acre |
CY2014Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2014Q4 | us-gaap |
Secured Long Term Debt
SecuredLongTermDebt
|
82417361 | |
CY2014Q4 | us-gaap |
Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
|
4431290 | |
CY2014Q4 | us-gaap |
Debt Instrument Unused Borrowing Capacity Amount
DebtInstrumentUnusedBorrowingCapacityAmount
|
125993002 | |
CY2014Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
2919583 | |
CY2014Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
19581336 | |
CY2014Q4 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
471101 | |
CY2014Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
7754 | |
CY2014Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
CY2014Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
1925251 | |
CY2014Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-5404735 | |
CY2014Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
6882291 | |
CY2014Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
59969328 | |
CY2014Q4 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
56818658 | |
CY2014Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
6919095 | |
CY2014Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
7494621 | |
CY2014Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
151702624 | |
CY2014Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
65366309 | |
CY2014Q4 | us-gaap |
Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
|
117433 | |
CY2014Q4 | us-gaap |
Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
|
86417361 | |
CY2014Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
8205815 | |
CY2014Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
4000000 | |
CY2014Q4 | us-gaap |
Liabilities
Liabilities
|
91733296 | |
CY2014Q4 | us-gaap |
Below Market Lease Gross
BelowMarketLeaseGross
|
371707 | |
CY2014Q4 | us-gaap |
Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
|
457000 | |
CY2014Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
7735500 | |
CY2014Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
86417361 | |
CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2619342 | |
CY2014Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
41254 | |
CY2014Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
143940188 | |
CY2014Q4 | us-gaap |
Sec Schedule Iii Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Buildings And Improvements
SECScheduleIIIRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionBuildingsAndImprovements
|
4010583 | |
CY2014Q4 | us-gaap |
Land And Land Improvements
LandAndLandImprovements
|
122999316 | |
CY2014Q4 | us-gaap |
Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
|
23812822 | |
CY2014Q4 | us-gaap |
Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
|
19802239 | |
CY2014Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
132741 | |
CY2014Q4 | us-gaap |
Sec Schedule Iii Real Estate Investment Property Net
SECScheduleIIIRealEstateInvestmentPropertyNet
|
143940188 | |
CY2014Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
1317575 | |
CY2014Q4 | us-gaap |
Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
|
162194 | |
CY2014Q4 | us-gaap |
Deferred Offering Costs
DeferredOfferingCosts
|
248731 | |
CY2014Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
38542 | |
CY2014Q4 | us-gaap |
Other Assets
OtherAssets
|
1723209 | |
CY2014Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
1039714 | |
CY2014Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
110085 | |
CY2014Q4 | us-gaap |
Assets
Assets
|
151702624 | |
CY2014Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
289465 | |
CY2014Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
681124 | |
CY2014Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
676448 | |
CY2014Q4 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
11447308 | |
CY2014Q4 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
585947 | |
CY2014Q4 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
148371478 | |
CY2014Q4 | us-gaap |
Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
|
148371478 | |
CY2014Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
161781 | |
CY2014Q4 | us-gaap |
Insurance Settlements Receivable
InsuranceSettlementsReceivable
|
35648 | |
CY2014Q4 | land |
Fee Due To Administrator
FeeDueToAdministrator
|
166427 | |
CY2014Q4 | land |
Management Fee Due To Advisor
ManagementFeeDueToAdvisor
|
301487 | |
CY2014Q4 | land |
Number Of Expiring Leases
NumberOfExpiringLeases
|
28 | Lease |
CY2014Q4 | land |
Real Estate And Accumulated Depreciation Initial Cost Of Horticulture
RealEstateAndAccumulatedDepreciationInitialCostOfHorticulture
|
1559340 | |
CY2014Q4 | land |
Due To Adviser
DueToAdviser
|
304674 | |
CY2014Q4 | land |
Sec Schedule Iii Real Estate Investment Property Including Intangible Assets Net
SecScheduleIiiRealEstateInvestmentPropertyIncludingIntangibleAssetsNet
|
145257763 | |
CY2014Q4 | land |
Real Estate And Accumulated Depreciation Carrying Amount Of Horticulture
RealEstateAndAccumulatedDepreciationCarryingAmountOfHorticulture
|
1559340 | |
CY2014Q4 | land |
Farmable Area Of Land
FarmableAreaOfLand
|
6637 | acre |
CY2014Q4 | land |
Real Estate And Accumulated Depreciation Carrying Amount Of Land And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfLandAndImprovements
|
122999316 | |
CY2014Q4 | land |
Other Due To Advisor
OtherDueToAdvisor
|
3187 | |
CY2014Q4 | land |
Contingent Estimated Cost Of Well And Irrigation Equipment
ContingentEstimatedCostOfWellAndIrrigationEquipment
|
83000 | |
CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.417 | pure |
CY2014Q4 | land |
Percentage Of Aggregate Acreage
PercentageOfAggregateAcreage
|
1.000 | pure |
CY2014Q4 | land |
Sec Schedule Iii Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Land Improvements
SecScheduleIiiRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionLandImprovements
|
211509 | |
CY2014Q4 | land |
Irrigation Equipment System
IrrigationEquipmentSystem
|
12365514 | |
CY2014Q4 | land |
Real Estate And Accumulated Depreciation Initial Cost Of Land And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfLandAndImprovements
|
122787807 | |
CY2014Q4 | land |
Purchase Price Of Agreement
PurchasePriceOfAgreement
|
20764021 | |
CY2014Q4 | land |
Percentage Of Aggregate Rental Revenue
PercentageOfAggregateRentalRevenue
|
1.000 | pure |
CY2014Q4 | land |
Administrative Fee Due To Administrator
AdministrativeFeeDueToAdministrator
|
166427 | |
CY2014Q4 | land |
Purchase Of Gross Acres
PurchaseOfGrossAcres
|
394 | acre |
CY2014Q4 | land |
Above Market Lease Accumulated Amortization
AboveMarketLeaseAccumulatedAmortization
|
9027 | |
CY2014Q2 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
140822 | |
CY2014Q3 | land |
Number Of Farms
NumberOfFarms
|
32 | Farm |
CY2014Q4 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.36 | |
CY2014Q4 | us-gaap |
Real Estate Tax Expense
RealEstateTaxExpense
|
997000 | |
land |
Increase Decrease In Percentage Of Administrative Fee
IncreaseDecreaseInPercentageOfAdministrativeFee
|
1.37 | pure | |
CY2013 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
5.151 | pure |
CY2013 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-460353 | |
CY2013 | us-gaap |
Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
|
P2Y10M24D | |
CY2013 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
6214557 | shares |
CY2013 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
1.49 | |
CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
4.734 | pure |
CY2013 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.20 | |
CY2013 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.000 | pure |
CY2013 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
51330042 | |
CY2013 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
1228715 | |
CY2013 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
4687579 | |
CY2013 | us-gaap |
Increase In Restricted Cash
IncreaseInRestrictedCash
|
41 | |
CY2013 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
41 | |
CY2013 | us-gaap |
Tenant Reimbursements
TenantReimbursements
|
10451 | |
CY2013 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
1600000 | |
CY2013 | us-gaap |
Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
|
19994981 | |
CY2013 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
9730093 | |
CY2013 | us-gaap |
Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
|
200000 | |
CY2013 | us-gaap |
Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
|
68617 | |
CY2013 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-25205 | |
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
|
0 | |
CY2013 | us-gaap |
Other Income
OtherIncome
|
0 | |
CY2013 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1357453 | |
CY2013 | us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
4027687 | |
CY2013 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-1062406 | |
CY2013 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
2274727 | |
CY2013 | us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
-350022 | |
CY2013 | us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
37871978 | |
CY2013 | us-gaap |
Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
|
811605 | |
CY2013 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
35807 | |
CY2013 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1224683 | |
CY2013 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
56234 | |
CY2013 | us-gaap |
Interest Paid
InterestPaid
|
1055333 | |
CY2013 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
5746 | |
CY2013 | us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
4038138 | |
CY2013 | us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
9113902 | |
CY2013 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-743676 | |
CY2013 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
722455 | |
CY2013 | us-gaap |
Dividends
Dividends
|
9730093 | |
CY2013 | us-gaap |
Interest Expense
InterestExpense
|
1118640 | |
CY2013 | us-gaap |
Professional Fees
ProfessionalFees
|
615879 | |
CY2013 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
30024 | |
CY2013 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
90669 | |
CY2013 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
15397808 | |
CY2013 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1519730 | |
CY2013 | us-gaap |
Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
|
0 | |
CY2013 | us-gaap |
Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
|
631786 | |
CY2013 | us-gaap |
Incentive Fee Expense
IncentiveFeeExpense
|
41037 | |
CY2013 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
54586766 | |
CY2013 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-38728605 | |
CY2013 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
56703960 | |
CY2013 | us-gaap |
Real Estate Improvements
RealEstateImprovements
|
1030923 | |
CY2013 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
153725 | |
CY2013 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
195609 | |
CY2013 | us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
13565000 | |
CY2013 | us-gaap |
Real Estate Other Acquisitions
RealEstateOtherAcquisitions
|
37768162 | |
CY2013 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
679090 | |
CY2013 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
250139 | |
CY2013 | us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
1600000 | |
CY2013 | us-gaap |
Cost Of Other Property Operating Expense
CostOfOtherPropertyOperatingExpense
|
119463 | |
CY2013 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
548800 | |
CY2013 | us-gaap |
Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
|
20000000 | |
CY2013 | land |
Related Party Transaction Amended Base Management Fee
RelatedPartyTransactionAmendedBaseManagementFee
|
149403 | |
CY2013 | land |
Percentage Of Rental Revenue
PercentageOfRentalRevenue
|
1.000 | pure |
CY2013 | land |
Administration Fee Allocated Payroll And Benefits
AdministrationFeeAllocatedPayrollAndBenefits
|
14034 | |
CY2013 | land |
Business Acquisitions Pro Forma Net Income Loss Before Income Tax
BusinessAcquisitionsProFormaNetIncomeLossBeforeIncomeTax
|
1169708 | |
CY2013 | land |
Related Party Transaction Amended Administration Fee
RelatedPartyTransactionAmendedAdministrationFee
|
175932 | |
CY2013 | land |
Operating Expenses Before Credit To Incentive Fee
OperatingExpensesBeforeCreditToIncentiveFee
|
2721722 | |
CY2013 | land |
Number Of Farms Acquired Not Covered Under Business Combination
NumberOfFarmsAcquiredNotCoveredUnderBusinessCombination
|
9 | Farm |
CY2013 | land |
Credit To Incentive Fee
CreditToIncentiveFee
|
41037 | |
CY2013 | land |
Related Party Transaction Net Incentive Fee
RelatedPartyTransactionNetIncentiveFee
|
0 | |
CY2013 | land |
Percentage Of Distributions Classified As Qualified Dividends
PercentageOfDistributionsClassifiedAsQualifiedDividends
|
0.9853746 | pure |
CY2013 | land |
Related Party Transaction Prior Management Advisory Fee
RelatedPartyTransactionPriorManagementAdvisoryFee
|
46206 | |
CY2013 | land |
Debt Instrument Weighted Average Interest Rate
DebtInstrumentWeightedAverageInterestRate
|
0.036 | pure |
CY2013 | land |
Management Advisory Fee Allocated Overhead Expenses
ManagementAdvisoryFeeAllocatedOverheadExpenses
|
7538 | |
CY2013 | land |
Business Acquisitions Pro Forma Income Tax Expense Benefit
BusinessAcquisitionsProFormaIncomeTaxExpenseBenefit
|
1519730 | |
CY2013 | land |
Related Party Transaction Incentive Fee
RelatedPartyTransactionIncentiveFee
|
0 | |
CY2013 | land |
Business Acquisition Pro Forma Weighted Average Number Of Common Shares Outstanding Basic And Diluted
BusinessAcquisitionProFormaWeightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted
|
7443197 | shares |
CY2013 | land |
Administration Fee Allocated Overhead Expenses
AdministrationFeeAllocatedOverheadExpenses
|
4498 | |
CY2013 | land |
Number Of Farms Acquired
NumberOfFarmsAcquired
|
9 | Farm |
CY2013 | land |
Business Acquisitions Pro Forma Operating Expenses
BusinessAcquisitionsProFormaOperatingExpenses
|
5183279 | |
CY2013 | land |
Decrease In Net Income Due To Out Of Period Adjustment
DecreaseInNetIncomeDueToOutOfPeriodAdjustment
|
40438 | |
CY2013 | land |
Percentage Of Return Of Capital
PercentageOfReturnOfCapital
|
0.0000000 | pure |
CY2013 | land |
Related Party Transaction Credit From Voluntary Irrevocable
RelatedPartyTransactionCreditFromVoluntaryIrrevocable
|
41037 | |
CY2013 | land |
Business Acquisition Pro Forma Earnings Per Share Basic And Diluted
BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted
|
-0.05 | |
CY2013 | land |
Administration Fee
AdministrationFee
|
194464 | |
CY2013 | land |
Number Of Farms
NumberOfFarms
|
21 | Farm |
CY2013 | land |
Operating Expenses Net Of Credit To Incentive Fee
OperatingExpensesNetOfCreditToIncentiveFee
|
2680685 | |
CY2013 | land |
Percentage Of Area Of Land
PercentageOfAreaOfLand
|
1.000 | pure |
CY2013 | land |
Amortization Of Deferred Rent Asset And Liability Net
AmortizationOfDeferredRentAssetAndLiabilityNet
|
-68617 | |
CY2013 | land |
Amortization Of Above Market Lease
AmortizationOfAboveMarketLease
|
0 | |
CY2013 | land |
Management Advisory Fee Allocated Payroll And Benefits
ManagementAdvisoryFeeAllocatedPayrollAndBenefits
|
38668 | |
CY2013 | land |
Related Party Transaction Prior Administration Fee
RelatedPartyTransactionPriorAdministrationFee
|
18532 | |
CY2013 | land |
Proceeds From Refund On Deposits
ProceedsFromRefundOnDeposits
|
150000 | |
CY2013 | land |
Business Acquisitions Pro Forma Other Expense
BusinessAcquisitionsProFormaOtherExpense
|
2760914 | |
CY2013 | land |
Ordinary Income As Percentage Of Distributions
OrdinaryIncomeAsPercentageOfDistributions
|
1.0000000 | pure |
CY2013 | land |
Additions To Real Estate Included In Accounts Payable And Accrued Expenses And Lease Hold Improvements
AdditionsToRealEstateIncludedInAccountsPayableAndAccruedExpensesAndLeaseHoldImprovements
|
309174 | |
CY2014 | dei |
Document Type
DocumentType
|
10-K | |
CY2014 | dei |
Entity Registrant Name
EntityRegistrantName
|
GLADSTONE LAND Corp | |
CY2014 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | |
CY2014 | dei |
Trading Symbol
TradingSymbol
|
LAND | |
CY2014 | dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | |
CY2014 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
CY2014 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.269 | pure |
CY2014 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
3543622 | |
CY2014 | us-gaap |
Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
|
P3Y3M18D | |
CY2014 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.269 | pure |
CY2014 | us-gaap |
Line Of Credit Facility Expiration Date1
LineOfCreditFacilityExpirationDate1
|
2012-05-31 | |
CY2014 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b>Use of Estimates</b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"> 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> | |
CY2014 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
6852917 | shares |
CY2014 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2014-12-31 | |
CY2014 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001495240 | |
CY2014 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0.000 | pure |
CY2014 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2014 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2014 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2014 | |
CY2014 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.02 | |
CY2014 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.000 | pure |
CY2014 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2014 | us-gaap |
Debt Instrument Interest Rate Terms
DebtInstrumentInterestRateTerms
|
Three-month LIBOR plus 3.00% | |
CY2014 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2014 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
14041271 | |
CY2014 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
1825404 | |
CY2014 | us-gaap |
Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
|
120540 | |
CY2014 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
950965 | |
CY2014 | us-gaap |
Increase In Restricted Cash
IncreaseInRestrictedCash
|
3000 | |
CY2014 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
132700 | |
CY2014 | us-gaap |
Tenant Reimbursements
TenantReimbursements
|
14604 | |
CY2014 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
21600000 | |
CY2014 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
2458802 | |
CY2014 | us-gaap |
Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
|
350000 | |
CY2014 | us-gaap |
Gain On Business Interruption Insurance Recovery
GainOnBusinessInterruptionInsuranceRecovery
|
262963 | |
CY2014 | us-gaap |
Escrow Deposit Disbursements Related To Property Acquisition1
EscrowDepositDisbursementsRelatedToPropertyAcquisition1
|
129700 | |
CY2014 | us-gaap |
Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
|
146534 | |
CY2014 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
684782 | |
CY2014 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-98631 | |
CY2014 | us-gaap |
Real Estate Other Deductions
RealEstateOtherDeductions
|
0 | |
CY2014 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1599972 | |
CY2014 | us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
7170318 | |
CY2014 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-1698603 | |
CY2014 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
27000 | |
CY2014 | us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
-669474 | |
CY2014 | us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
68626968 | |
CY2014 | us-gaap |
Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
|
2619084 | |
CY2014 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
738754 | |
CY2014 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-125133 | |
CY2014 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
12031 | |
CY2014 | us-gaap |
Interest Paid
InterestPaid
|
1431214 | |
CY2014 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
681 | |
CY2014 | us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
7184922 | |
CY2014 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
35489 | |
CY2014 | us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
8547496 | |
CY2014 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1735644 | |
CY2014 | us-gaap |
Dividends
Dividends
|
2458802 | |
CY2014 | us-gaap |
Interest Expense
InterestExpense
|
2009086 | |
CY2014 | us-gaap |
Professional Fees
ProfessionalFees
|
595163 | |
CY2014 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
53286 | |
CY2014 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | |
CY2014 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
350684 | |
CY2014 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-13651940 | |
CY2014 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
26502 | |
CY2014 | us-gaap |
Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
|
0 | |
CY2014 | us-gaap |
Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
|
1264420 | |
CY2014 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
54138678 | |
CY2014 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-71334240 | |
CY2014 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
15024003 | |
CY2014 | us-gaap |
Real Estate Improvements
RealEstateImprovements
|
2726734 | |
CY2014 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
520352 | |
CY2014 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
1079534 | |
CY2014 | us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
41188600 | |
CY2014 | us-gaap |
Real Estate Other Acquisitions
RealEstateOtherAcquisitions
|
67287231 | |
CY2014 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
777159 | |
CY2014 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
1180185 | |
CY2014 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
56700000 | |
CY2014 | us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
25500000 | |
CY2014 | land |
Related Party Transaction Net Incentive Fee
RelatedPartyTransactionNetIncentiveFee
|
0 | |
CY2014 | land |
Maximum Annual Percentage Of Adjusted Stockholders Equity To Pay Full Pre Incentive Fee To Adviser
MaximumAnnualPercentageOfAdjustedStockholdersEquityToPayFullPreIncentiveFeeToAdviser
|
0.0875 | pure |
CY2014 | us-gaap |
Cost Of Other Property Operating Expense
CostOfOtherPropertyOperatingExpense
|
434514 | |
CY2014 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
0 | |
CY2014 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
1751964 | |
CY2014 | land |
Related Party Transaction Amended Base Management Fee
RelatedPartyTransactionAmendedBaseManagementFee
|
1079534 | |
CY2014 | land |
Percentage Of Rental Revenue
PercentageOfRentalRevenue
|
1.000 | pure |
CY2014 | land |
Amount To Be Paid To Adviser In Percentage Of Pre Incentive Fee Condition Two
AmountToBePaidToAdviserInPercentageOfPreIncentiveFeeConditionTwo
|
0.20 | pure |
CY2014 | land |
Additions To Real Estate Included In Accounts Payable And Accrued Expenses
AdditionsToRealEstateIncludedInAccountsPayableAndAccruedExpenses
|
81072 | |
CY2014 | land |
Minimum Percentage Likelihood To Recognize Tax Benefit From Uncertain Tax Position
MinimumPercentageLikelihoodToRecognizeTaxBenefitFromUncertainTaxPosition
|
0.50 | pure |
CY2014 | land |
Incentive Fee Per Advisory Agreement
IncentiveFeePerAdvisoryAgreement
|
0.0175 | pure |
CY2014 | land |
Business Acquisitions Pro Forma Net Income Loss Before Income Tax
BusinessAcquisitionsProFormaNetIncomeLossBeforeIncomeTax
|
-642972 | |
CY2014 | land |
Related Party Transaction Amended Administration Fee
RelatedPartyTransactionAmendedAdministrationFee
|
442584 | |
CY2014 | land |
Amount To Be Paid To Adviser In Percentage Of Pre Incentive Fee Condition One
AmountToBePaidToAdviserInPercentageOfPreIncentiveFeeConditionOne
|
1.00 | pure |
CY2014 | land |
Operating Expenses Before Credit To Incentive Fee
OperatingExpensesBeforeCreditToIncentiveFee
|
5584950 | |
CY2014 | land |
Number Of Farms Acquired Not Covered Under Business Combination
NumberOfFarmsAcquiredNotCoveredUnderBusinessCombination
|
11 | Farm |
CY2014 | land |
Initial Farmable Area Under Lease
InitialFarmableAreaUnderLease
|
121 | acre |
CY2014 | land |
Annual Base Management Fee In Percentage Of Stockholders Equity In Excess Of Recorded Value Of Preferred Stock
AnnualBaseManagementFeeInPercentageOfStockholdersEquityInExcessOfRecordedValueOfPreferredStock
|
0.010 | pure |
CY2014 | land |
Financing Fees Included In Accounts Payable And Accrued Liabilities
FinancingFeesIncludedInAccountsPayableAndAccruedLiabilities
|
44313 | |
CY2014 | land |
Debt Instrument Weighted Average Interest Rate
DebtInstrumentWeightedAverageInterestRate
|
0.036 | pure |
CY2014 | land |
Maximum Overhead Expenses As Percentage Of Average Invested Assets
MaximumOverheadExpensesAsPercentageOfAverageInvestedAssets
|
0.020 | pure |
CY2014 | land |
Related Party Transaction Incentive Fee
RelatedPartyTransactionIncentiveFee
|
0 | |
CY2014 | land |
Business Acquisition Pro Forma Weighted Average Number Of Common Shares Outstanding Basic And Diluted
BusinessAcquisitionProFormaWeightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted
|
7563060 | shares |
CY2014 | land |
Business Acquisitions Pro Forma Income Tax Expense Benefit
BusinessAcquisitionsProFormaIncomeTaxExpenseBenefit
|
26502 | |
CY2014 | land |
Follow On Lease Number Of Renewal Options
FollowOnLeaseNumberOfRenewalOptions
|
1 | Renewal_Options |
CY2014 | land |
Overhead Expense Reimbursements Limitation Period
OverheadExpenseReimbursementsLimitationPeriod
|
P1Y | |
CY2014 | 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 |
CY2014 | land |
Number Of Farms Acquired
NumberOfFarmsAcquired
|
11 | Farm |
CY2014 | land |
Percentage Of Expected Annual Base Management Fee To Aggregate Stockholders Equity
PercentageOfExpectedAnnualBaseManagementFeeToAggregateStockholdersEquity
|
0.020 | pure |
CY2014 | land |
Business Acquisitions Pro Forma Operating Expenses
BusinessAcquisitionsProFormaOperatingExpenses
|
6287653 | |
CY2014 | land |
Percentage Of Return Of Capital
PercentageOfReturnOfCapital
|
0.0433922 | pure |
CY2014 | land |
Business Acquisition Pro Forma Earnings Per Share Basic And Diluted
BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted
|
-0.09 | |
CY2014 | land |
Additional Debt To Finance Farms Acquisition
AdditionalDebtToFinanceFarmsAcquisition
|
0 | |
CY2014 | land |
Administration Fee
AdministrationFee
|
442584 | |
CY2014 | land |
Number Of Farms
NumberOfFarms
|
32 | Farm |
CY2014 | land |
Annualized Incentive Fee Per Advisory Agreement
AnnualizedIncentiveFeePerAdvisoryAgreement
|
0.07 | pure |
CY2014 | land |
Operating Expenses Net Of Credit To Incentive Fee
OperatingExpensesNetOfCreditToIncentiveFee
|
5584950 | |
CY2014 | land |
Percentage Of Area Of Land
PercentageOfAreaOfLand
|
1.000 | pure |
CY2014 | land |
Amortization Of Deferred Rent Asset And Liability Net
AmortizationOfDeferredRentAssetAndLiabilityNet
|
-194267 | |
CY2014 | land |
Additional Farmable Area Under Lease
AdditionalFarmableAreaUnderLease
|
60 | acre |
CY2014 | land |
Amortization Of Above Market Lease
AmortizationOfAboveMarketLease
|
9027 | |
CY2014 | land |
Maximum Payroll And Benefits Reimbursed As Percentage Of Average Invested Assets
MaximumPayrollAndBenefitsReimbursedAsPercentageOfAverageInvestedAssets
|
0.020 | pure |
CY2014 | land |
Proceeds From Refund On Deposits
ProceedsFromRefundOnDeposits
|
50000 | |
CY2014 | 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 |
CY2014 | land |
Business Acquisitions Pro Forma Other Expense
BusinessAcquisitionsProFormaOtherExpense
|
2902815 | |
CY2014 | land |
Number Of Real Estate Farms
NumberOfRealEstateFarms
|
32 | Farm |
CY2014 | land |
Benefit From Real Estate Investment Trust Conversion
BenefitFromRealEstateInvestmentTrustConversion
|
743676 | |
CY2014 | land |
Ordinary Income As Percentage Of Distributions
OrdinaryIncomeAsPercentageOfDistributions
|
0.9566078 | pure |
CY2014 | land |
Maximum Management Advisory Fee As Percentage Of Average Invested Assets
MaximumManagementAdvisoryFeeAsPercentageOfAverageInvestedAssets
|
0.020 | pure |
CY2014 | land |
Number Of Properties Recoverable
NumberOfPropertiesRecoverable
|
2 | Property |
CY2014 | land |
Insurance Proceeds Received Utilized For Repairs To Real Estate Assets
InsuranceProceedsReceivedUtilizedForRepairsToRealEstateAssets
|
89688 | |
CY2014 | land |
Insurance Proceeds Received Capitalized As Real Estate Asset Additions
InsuranceProceedsReceivedCapitalizedAsRealEstateAssetAdditions
|
344512 | |
CY2014 | land |
Income Tax Provision On Deferred Intercompany Gains
IncomeTaxProvisionOnDeferredIntercompanyGains
|
2100000 | |
CY2012 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
917120 | |
CY2012 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
686339 | |
CY2012 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
4205000 | |
CY2012 | us-gaap |
Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
|
150000 | |
CY2012 | us-gaap |
Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
|
45852 | |
CY2014 | land |
Additions To Real Estate Included In Accounts Payable And Accrued Expenses And Lease Hold Improvements
AdditionsToRealEstateIncludedInAccountsPayableAndAccruedExpensesAndLeaseHoldImprovements
|
667019 | |
CY2014 | land |
Additions To Real Estate Included In Leasehold Improvements
AdditionsToRealEstateIncludedInLeaseholdImprovements
|
585947 | |
CY2014 | land |
Non Cash Offering Costs Included In Additional Paid In Capital
NonCashOfferingCostsIncludedInAdditionalPaidInCapital
|
31767 | |
CY2014 | land |
Non Cash Offering Costs Included In Other Assets
NonCashOfferingCostsIncludedInOtherAssets
|
110200 | |
CY2014 | land |
Estimated Net Increase Decrease In Rental Revenue Current
EstimatedNetIncreaseDecreaseInRentalRevenueCurrent
|
171636 | |
CY2014 | land |
Estimated Net Increase Decrease In Rental Revenue In Two Years
EstimatedNetIncreaseDecreaseInRentalRevenueInTwoYears
|
-5284 | |
CY2014 | land |
Estimated Net Increase Decrease In Rental Revenue In Three Years
EstimatedNetIncreaseDecreaseInRentalRevenueInThreeYears
|
-13015 | |
CY2014 | land |
Estimated Net Increase Decrease In Rental Revenue In Four Years
EstimatedNetIncreaseDecreaseInRentalRevenueInFourYears
|
0 | |
CY2014 | land |
Estimated Net Increase Decrease In Rental Revenue In Five Years
EstimatedNetIncreaseDecreaseInRentalRevenueInFiveYears
|
0 | |
CY2014 | land |
Estimated Net Increase Decrease In Rental Revenue Thereafter
EstimatedNetIncreaseDecreaseInRentalRevenueThereafter
|
0 | |
CY2014 | land |
Estimated Net Increase Decrease In Rental Revenue
EstimatedNetIncreaseDecreaseInRentalRevenue
|
153337 | |
CY2014 | land |
Offering Costs Included In Other Assets And Additional Paid In Capital
OfferingCostsIncludedInOtherAssetsAndAdditionalPaidInCapital
|
141967 | |
CY2014 | land |
Insurance Proceeds Included In Other Assets
InsuranceProceedsIncludedInOtherAssets
|
61500 | |
CY2014 | land |
Noncash Insurance Proceeds Included In Other Assets
NoncashInsuranceProceedsIncludedInOtherAssets
|
61500 | |
CY2012 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.333 | pure |
CY2012 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
1137777 | |
CY2012 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.040 | 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 |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.22 | |
CY2012 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.340 | pure |
CY2012 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
609131 | |
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
|
0 | |
CY2012 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1901615 | |
CY2012 | us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
3390594 | |
CY2012 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-1000923 | |
CY2012 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
464772 | |
CY2012 | us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
7499644 | |
CY2012 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
137337 | |
CY2012 | us-gaap |
Net Income Loss
NetIncomeLoss
|
600373 | |
CY2012 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1830 | |
CY2012 | us-gaap |
Interest Paid
InterestPaid
|
854876 | |
CY2012 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
168 | |
CY2012 | us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
3390594 | |
CY2012 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
4233 | |
CY2012 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
568675 | |
CY2012 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
474480 | |
CY2012 | us-gaap |
Interest Expense
InterestExpense
|
1006986 | |
CY2012 | us-gaap |
Professional Fees
ProfessionalFees
|
245414 | |
CY2012 | us-gaap |
Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
|
35511 | |
CY2012 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
59472 | |
CY2012 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
62213 | |
CY2012 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-1130380 | |
CY2012 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
300319 | |
CY2012 | us-gaap |
Proceeds From Payments For In Interest Bearing Deposits In Banks
ProceedsFromPaymentsForInInterestBearingDepositsInBanks
|
-679717 | |
CY2012 | us-gaap |
Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
|
0 | |
CY2012 | us-gaap |
Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
|
412267 | |
CY2012 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
5861204 | |
CY2012 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-8129361 | |
CY2012 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
153494 | |
CY2012 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
-268356 | |
CY2012 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
267280 | |
CY2012 | us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
8707000 | |
CY2012 | us-gaap |
Real Estate Other Acquisitions
RealEstateOtherAcquisitions
|
7279253 | |
CY2012 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
50344 | |
CY2012 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
235090 | |
CY2012 | us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
3100000 | |
CY2012 | us-gaap |
Cost Of Other Property Operating Expense
CostOfOtherPropertyOperatingExpense
|
117569 | |
CY2012 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-145330 | |
CY2012 | land |
Administration Fee Allocated Payroll And Benefits
AdministrationFeeAllocatedPayrollAndBenefits
|
143381 | |
CY2012 | land |
Operating Expenses Before Credit To Incentive Fee
OperatingExpensesBeforeCreditToIncentiveFee
|
1488979 | |
CY2012 | land |
Dividend Declared Or Paid
DividendDeclaredOrPaid
|
0 | |
CY2012 | land |
Related Party Transaction Prior Management Advisory Fee
RelatedPartyTransactionPriorManagementAdvisoryFee
|
267280 | |
CY2012 | land |
Debt Instrument Weighted Average Interest Rate
DebtInstrumentWeightedAverageInterestRate
|
0.037 | pure |
CY2012 | land |
Management Advisory Fee Allocated Overhead Expenses
ManagementAdvisoryFeeAllocatedOverheadExpenses
|
42349 | |
CY2012 | land |
Related Party Transaction Incentive Fee
RelatedPartyTransactionIncentiveFee
|
0 | |
CY2012 | land |
Related Party Transaction Net Incentive Fee
RelatedPartyTransactionNetIncentiveFee
|
0 | |
CY2012 | land |
Administration Fee Allocated Overhead Expenses
AdministrationFeeAllocatedOverheadExpenses
|
37017 | |
CY2012 | land |
Administration Fee
AdministrationFee
|
180398 | |
CY2012 | land |
Operating Expenses Net Of Credit To Incentive Fee
OperatingExpensesNetOfCreditToIncentiveFee
|
1488979 | |
CY2012 | land |
Amortization Of Deferred Rent Asset And Liability Net
AmortizationOfDeferredRentAssetAndLiabilityNet
|
-45852 | |
CY2012 | land |
Management Advisory Fee Allocated Payroll And Benefits
ManagementAdvisoryFeeAllocatedPayrollAndBenefits
|
224931 | |
CY2012 | land |
Related Party Transaction Prior Administration Fee
RelatedPartyTransactionPriorAdministrationFee
|
180398 | |
CY2012 | land |
Proceeds From Refund On Deposits
ProceedsFromRefundOnDeposits
|
200000 | |
CY2012 | land |
Offering Costs Included In Other Assets And Additional Paid In Capital
OfferingCostsIncludedInOtherAssetsAndAdditionalPaidInCapital
|
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 |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
59189 | |
CY2013Q1 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
538105 | |
CY2013Q1 | land |
Related Party Transaction Incentive Fee
RelatedPartyTransactionIncentiveFee
|
41037 | |
CY2014Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
6530264 | shares |
CY2014Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.00 | |
CY2014Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
27541 | |
CY2014Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-367643 | |
CY2014Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
20918 | |
CY2014Q1 | us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
1495636 | |
CY2014Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
6623 | |
CY2014Q1 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
1100452 | |
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 |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
46838 | |
CY2013Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
611333 | |
CY2014Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
6530264 | shares |
CY2014Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.05 | |
CY2014Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-294471 | |
CY2014Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-651948 | |
CY2014Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-301094 | |
CY2014Q2 | us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
1565935 | |
CY2014Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
6623 | |
CY2014Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
1208458 | |
CY2014Q2 | land |
Number Of Properties Damaged In Fire
NumberOfPropertiesDamagedInFire
|
2 | Property |
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 |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
85406 | |
CY2013Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
647480 | |
CY2014Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
6605264 | shares |
CY2014Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.02 | |
CY2014Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
107232 | |
CY2014Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-194351 | |
CY2014Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
100375 | |
CY2014Q3 | us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
1777675 | |
CY2014Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
6857 | |
CY2014Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
1476092 | |
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
|
-0.21 | |
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 |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1328297 | |
CY2013Q4 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
883767 | |
CY2014Q4 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
7735354 | shares |
CY2014Q4 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.01 | |
CY2014Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
61067 | |
CY2014Q4 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-484661 | |
CY2014Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
54668 | |
CY2014Q4 | us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
2345676 | |
CY2014Q4 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
6399 | |
CY2014Q4 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
1799948 |