Quarterly report pursuant to Section 13 or 15(d)

Real Estate and Intangible Assets - Summary of Components of Investments in Real Estate (Detail)

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Real Estate and Intangible Assets - Summary of Components of Investments in Real Estate (Detail) - USD ($)
Mar. 31, 2016
Dec. 31, 2015
Real estate:    
Land and land improvements $ 210,667,822 $ 192,020,381
Irrigation systems 26,678,519 21,849,508
Buildings 14,623,118 11,184,647
Horticulture 1,490,695 1,490,695
Other improvements 3,957,643 1,872,606
Real estate, at cost 257,417,797 228,417,837
Accumulated depreciation (7,434,397) (6,634,412)
Real estate, net $ 249,983,400 $ 221,783,425