Annual report pursuant to Section 13 and 15(d)

Schedule III - Real Estate and Accumulated Depreciation (Detail)

v3.6.0.2
Schedule III - Real Estate and Accumulated Depreciation (Detail) - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Encumbrances $ 208,759,029      
Initial Cost, Land and Land Improvements 264,866,574      
Initial Cost, Buildings & Improvements 39,112,351      
Initial Cost, Horticulture 16,397,711      
Subsequent Capitalized Additions, Land improvements 1,117,935      
Subsequent Capitalized Additions, Building & Improvements 14,520,541      
Subsequent Capitalized Additions, Horticulture 1,361,482      
Total Cost, Land and Land Improvements 265,984,509      
Total Cost, Buildings & Improvements 53,632,892      
Total Cost, Horticulture 17,759,193 $ 1,490,695    
Total Cost 337,376,594 228,417,837 $ 148,371,478 $ 78,478,053
Accumulated Depreciation (11,065,973) $ (6,634,412) $ (4,431,290) $ (3,166,870)
Miscellaneous Investments | Land, Buildings, Improvements & Horticulture        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Encumbrances 8,456,677      
Initial Cost, Land and Land Improvements 9,684,585      
Initial Cost, Buildings & Improvements 2,905,462      
Initial Cost, Horticulture 1,456,004      
Subsequent Capitalized Additions, Land improvements 7,405      
Subsequent Capitalized Additions, Building & Improvements 216,622      
Subsequent Capitalized Additions, Horticulture (14,195)      
Total Cost, Land and Land Improvements 9,691,990      
Total Cost, Buildings & Improvements 3,122,084      
Total Cost, Horticulture 1,441,809      
Total Cost 14,255,883      
Accumulated Depreciation $ (900,957)      
Santa Cruz County, California | Land & Improvements | Date Acquired 6/16/1997        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Date Acquired Jun. 16, 1997      
Encumbrances $ 6,917,247      
Initial Cost, Land and Land Improvements 4,350,000      
Subsequent Capitalized Additions, Building & Improvements 579,307      
Total Cost, Land and Land Improvements 4,350,000      
Total Cost, Buildings & Improvements 579,307      
Total Cost 4,929,307      
Accumulated Depreciation $ (182,758)      
Santa Cruz County, California | Land & Improvements | Date Acquired 1/3/2011        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Date Acquired Jan. 03, 2011      
Encumbrances $ 6,032,246      
Initial Cost, Land and Land Improvements 8,328,475      
Subsequent Capitalized Additions, Land improvements 468,456      
Subsequent Capitalized Additions, Building & Improvements 527,341      
Total Cost, Land and Land Improvements 8,796,931      
Total Cost, Buildings & Improvements 527,341      
Total Cost 9,324,272      
Accumulated Depreciation $ (54,075)      
Santa Cruz County, California | Land, Buildings & Improvements | Date Acquired 6/13/2014        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Date Acquired Jun. 13, 2014      
Encumbrances $ 3,522,201      
Initial Cost, Land and Land Improvements 5,576,138      
Initial Cost, Buildings & Improvements 206,636      
Total Cost, Land and Land Improvements 5,576,138      
Total Cost, Buildings & Improvements 206,636      
Total Cost 5,782,774      
Accumulated Depreciation (132,524)      
Ventura County, California | Land & Improvements | Date Acquired 7/23/2014        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Subsequent Capitalized Additions, Building & Improvements $ 51,237      
Ventura County, California | Land & Improvements | Date Acquired 11/4/2014        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Date Acquired Nov. 04, 2014      
Encumbrances $ 3,675,000      
Initial Cost, Land and Land Improvements 5,859,721      
Initial Cost, Buildings & Improvements 91,848      
Subsequent Capitalized Additions, Building & Improvements 2,210      
Total Cost, Land and Land Improvements 5,859,721      
Total Cost, Buildings & Improvements 94,058      
Total Cost 5,953,779      
Accumulated Depreciation $ (20,305)      
Ventura County, California | Land, Buildings & Improvements | Date Acquired 9/15/1998        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Date Acquired Sep. 15, 1998      
Encumbrances $ 26,956,919      
Initial Cost, Land and Land Improvements 9,895,497      
Initial Cost, Buildings & Improvements 5,255,736      
Subsequent Capitalized Additions, Building & Improvements 284,698      
Total Cost, Land and Land Improvements 9,895,497      
Total Cost, Buildings & Improvements 5,540,434      
Total Cost 15,435,931      
Accumulated Depreciation $ (3,405,946)      
Ventura County, California | Land, Buildings & Improvements | Date Acquired 7/23/2014        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Date Acquired Jul. 23, 2014      
Encumbrances $ 3,524,744      
Initial Cost, Land and Land Improvements 6,219,293      
Initial Cost, Buildings & Improvements 504,673      
Total Cost, Land and Land Improvements 6,219,293      
Total Cost, Buildings & Improvements 555,910      
Total Cost 6,775,203      
Accumulated Depreciation $ (76,970)      
Ventura County, California | Land, Buildings & Improvements | Date Acquired 10/29/2014        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Date Acquired Oct. 29, 2014      
Encumbrances $ 13,732,770      
Initial Cost, Land and Land Improvements 23,672,902      
Initial Cost, Buildings & Improvements 350,454      
Total Cost, Land and Land Improvements 23,672,902      
Total Cost, Buildings & Improvements 350,454      
Total Cost 24,023,356      
Accumulated Depreciation $ (75,932)      
Ventura County, California | Land, Buildings, Improvements & Horticulture | Acquired Date 12/16/2013        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Date Acquired Dec. 16, 2013      
Encumbrances $ 1,698,795      
Initial Cost, Land and Land Improvements 2,847,948      
Initial Cost, Buildings & Improvements 72,753      
Initial Cost, Horticulture 34,690      
Subsequent Capitalized Additions, Land improvements 3,405      
Subsequent Capitalized Additions, Building & Improvements 677,067      
Total Cost, Land and Land Improvements 2,851,353      
Total Cost, Buildings & Improvements 749,820      
Total Cost, Horticulture 34,690      
Total Cost 3,635,863      
Accumulated Depreciation $ (176,153)      
Hillsborough County, Florida | Land, Buildings & Improvements | Date Acquired 8/9/2012        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Date Acquired Aug. 09, 2012      
Encumbrances $ 2,640,000      
Initial Cost, Land and Land Improvements 2,513,696      
Initial Cost, Buildings & Improvements 909,491      
Subsequent Capitalized Additions, Land improvements 162,059      
Subsequent Capitalized Additions, Building & Improvements 667,042      
Total Cost, Land and Land Improvements 2,675,755      
Total Cost, Buildings & Improvements 1,576,533      
Total Cost 4,252,288      
Accumulated Depreciation $ (414,346)      
Hillsborough County, Florida | Land, Buildings & Improvements | Date Acquired 9/12/2012        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Date Acquired Sep. 12, 2012      
Encumbrances $ 2,389,500      
Initial Cost, Land and Land Improvements 2,198,728      
Initial Cost, Buildings & Improvements 1,657,339      
Subsequent Capitalized Additions, Building & Improvements 473,172      
Total Cost, Land and Land Improvements 2,198,728      
Total Cost, Buildings & Improvements 2,130,511      
Total Cost 4,329,239      
Accumulated Depreciation $ (554,041)      
Marion County, Oregon | Land, Buildings & Improvements | Date Acquired 5/31/2013        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Date Acquired May 31, 2013      
Encumbrances $ 1,705,915      
Initial Cost, Land and Land Improvements 2,493,809      
Initial Cost, Buildings & Improvements 703,453      
Subsequent Capitalized Additions, Land improvements 1,102      
Subsequent Capitalized Additions, Building & Improvements 416,115      
Total Cost, Land and Land Improvements 2,494,911      
Total Cost, Buildings & Improvements 1,119,568      
Total Cost 3,614,479      
Accumulated Depreciation $ (211,803)      
Monterey County, California | Land, Buildings & Improvements | Date Acquired 10/21/2013        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Date Acquired Oct. 21, 2013      
Encumbrances $ 4,323,279      
Initial Cost, Land and Land Improvements 7,186,774      
Initial Cost, Buildings & Improvements 164,114      
Subsequent Capitalized Additions, Building & Improvements 1,674,620      
Total Cost, Land and Land Improvements 7,186,774      
Total Cost, Buildings & Improvements 1,838,734      
Total Cost 9,025,508      
Accumulated Depreciation $ (115,449)      
Monterey County, California | Land, Buildings & Improvements | Date Acquired 1/5/2015        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Date Acquired Jan. 05, 2015      
Encumbrances $ 10,178,000      
Initial Cost, Land and Land Improvements 15,852,466      
Initial Cost, Buildings & Improvements 581,879      
Subsequent Capitalized Additions, Land improvements (155,798)      
Total Cost, Land and Land Improvements 15,696,668      
Total Cost, Buildings & Improvements 581,879      
Total Cost 16,278,547      
Accumulated Depreciation $ (216,120)      
Morrow County, Oregon | Land & Improvements | Date Acquired 12/27/2013        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Date Acquired Dec. 27, 2013      
Encumbrances $ 8,137,938      
Initial Cost, Land and Land Improvements 12,937,446      
Initial Cost, Buildings & Improvements 1,118,325      
Subsequent Capitalized Additions, Land improvements 3,646      
Subsequent Capitalized Additions, Building & Improvements 133,527      
Total Cost, Land and Land Improvements 12,941,092      
Total Cost, Buildings & Improvements 1,251,852      
Total Cost 14,192,944      
Accumulated Depreciation $ (226,226)      
Cochise County, Arizona | Land, Buildings & Improvements | Date Acquired 12/27/2013        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Date Acquired Dec. 27, 2013      
Encumbrances $ 4,236,814      
Initial Cost, Land and Land Improvements 6,167,902      
Initial Cost, Buildings & Improvements 572,283      
Subsequent Capitalized Additions, Land improvements 7,800      
Subsequent Capitalized Additions, Building & Improvements 1,462,107      
Total Cost, Land and Land Improvements 6,175,702      
Total Cost, Buildings & Improvements 2,034,390      
Total Cost 8,210,092      
Accumulated Depreciation $ (531,898)      
Cochise County, Arizona | Land, Buildings & Improvements | Date Acquired 12/23/2015        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Date Acquired Dec. 23, 2015      
Encumbrances $ 3,210,000      
Initial Cost, Land and Land Improvements 4,233,865      
Initial Cost, Buildings & Improvements 1,502,479      
Subsequent Capitalized Additions, Land improvements 5,408      
Subsequent Capitalized Additions, Building & Improvements 107,937      
Total Cost, Land and Land Improvements 4,239,273      
Total Cost, Buildings & Improvements 1,610,416      
Total Cost 5,849,689      
Accumulated Depreciation $ (133,651)      
Kern County, California | Land & Improvements | Date Acquired 7/25/2014        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Date Acquired Jul. 25, 2014      
Encumbrances $ 3,933,167      
Initial Cost, Land and Land Improvements 5,840,750      
Initial Cost, Buildings & Improvements 67,000      
Subsequent Capitalized Additions, Building & Improvements 993,319      
Total Cost, Land and Land Improvements 5,840,750      
Total Cost, Buildings & Improvements 1,060,319      
Total Cost 6,901,069      
Accumulated Depreciation $ (91,060)      
Kern County, California | Land & Improvements | Date Acquired 9/3/2015        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Date Acquired Sep. 03, 2015      
Encumbrances $ 11,279,182      
Initial Cost, Land and Land Improvements 18,893,101      
Initial Cost, Buildings & Improvements 497,001      
Subsequent Capitalized Additions, Land improvements 612,881      
Subsequent Capitalized Additions, Building & Improvements 5,684,167      
Subsequent Capitalized Additions, Horticulture 1,375,677      
Total Cost, Land and Land Improvements 19,505,982      
Total Cost, Buildings & Improvements 6,181,168      
Total Cost, Horticulture 1,375,677      
Total Cost 27,062,827      
Accumulated Depreciation $ (240,290)      
Manatee County, Florida | Land, Buildings & Improvements | Date Acquired 9/29/2014        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Date Acquired Sep. 29, 2014      
Encumbrances $ 7,329,862      
Initial Cost, Land and Land Improvements 8,466,185      
Initial Cost, Buildings & Improvements 5,426,170      
Subsequent Capitalized Additions, Land improvements (385)      
Subsequent Capitalized Additions, Building & Improvements 569,607      
Total Cost, Land and Land Improvements 8,465,800      
Total Cost, Buildings & Improvements 5,995,777      
Total Cost 14,461,577      
Accumulated Depreciation $ (1,147,002)      
Manatee County, Florida | Land, Buildings & Improvements | Date Acquired 3/10/2015        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Date Acquired Mar. 10, 2015      
Encumbrances $ 2,374,680      
Initial Cost, Land and Land Improvements 2,403,064      
Initial Cost, Buildings & Improvements 1,871,285      
Total Cost, Land and Land Improvements 2,403,064      
Total Cost, Buildings & Improvements 1,871,285      
Total Cost 4,274,349      
Accumulated Depreciation $ (297,591)      
Hendry County, Florida | Land, Buildings & Improvements | Date Acquired 6/25/2015        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Date Acquired Jun. 25, 2015      
Encumbrances $ 9,360,000      
Initial Cost, Land and Land Improvements 14,410,840      
Initial Cost, Buildings & Improvements 788,986      
Total Cost, Land and Land Improvements 14,410,840      
Total Cost, Buildings & Improvements 788,986      
Total Cost 15,199,826      
Accumulated Depreciation $ (185,297)      
Hendry County, Florida | Land, Buildings & Improvements | Date Acquired 11/2/2015        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Date Acquired Nov. 02, 2015      
Encumbrances $ 2,165,760      
Initial Cost, Land and Land Improvements 3,243,825      
Initial Cost, Buildings & Improvements 738,835      
Subsequent Capitalized Additions, Land improvements 1,956      
Subsequent Capitalized Additions, Building & Improvements 446      
Total Cost, Land and Land Improvements 3,245,781      
Total Cost, Buildings & Improvements 739,281      
Total Cost 3,985,062      
Accumulated Depreciation $ (132,102)      
Holt County, Nebraska | Land, Buildings & Improvements | Date Acquired 8/20/2015        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Date Acquired Aug. 20, 2015      
Encumbrances $ 3,301,000      
Initial Cost, Land and Land Improvements 4,690,369      
Initial Cost, Buildings & Improvements 786,137      
Total Cost, Land and Land Improvements 4,690,369      
Total Cost, Buildings & Improvements 786,137      
Total Cost 5,476,506      
Accumulated Depreciation $ (89,475)      
Rock County, Nebraska | Land, Buildings & Improvements | Date Acquired 8/20/2015        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Date Acquired Aug. 20, 2015      
Encumbrances $ 3,301,000      
Initial Cost, Land and Land Improvements 4,862,314      
Initial Cost, Buildings & Improvements 612,821      
Total Cost, Land and Land Improvements 4,862,314      
Total Cost, Buildings & Improvements 612,821      
Total Cost 5,475,135      
Accumulated Depreciation $ (109,325)      
Saguache County, California | Land, Buildings & Improvements | Date Acquired 3/3/2016        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Date Acquired Mar. 03, 2016      
Encumbrances $ 15,303,500      
Initial Cost, Land and Land Improvements 16,755,814      
Initial Cost, Buildings & Improvements 8,348,131      
Total Cost, Land and Land Improvements 16,755,814      
Total Cost, Buildings & Improvements 8,348,131      
Total Cost 25,103,945      
Accumulated Depreciation $ (932,693)      
Fresno County, California | Land, Improvements & Horticulture | Date Acquired 4/5/2016        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Date Acquired Apr. 05, 2016      
Encumbrances $ 9,161,418      
Initial Cost, Land and Land Improvements 3,623,219      
Initial Cost, Buildings & Improvements 1,228,279      
Initial Cost, Horticulture 11,455,057      
Total Cost, Land and Land Improvements 3,623,219      
Total Cost, Buildings & Improvements 1,228,279      
Total Cost, Horticulture 11,455,057      
Total Cost 16,306,555      
Accumulated Depreciation $ (320,676)      
Fresno County, California | Land, Improvements & Horticulture | Date Acquired 10/13/2016        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Date Acquired Oct. 13, 2016      
Encumbrances $ 3,900,000      
Initial Cost, Land and Land Improvements 2,936,506      
Initial Cost, Buildings & Improvements 138,817      
Initial Cost, Horticulture 3,451,960      
Total Cost, Land and Land Improvements 2,936,506      
Total Cost, Buildings & Improvements 138,817      
Total Cost, Horticulture 3,451,960      
Total Cost 6,527,283      
Accumulated Depreciation $ (38,013)      
St. Lucie County, Florida | Land, Buildings & Improvements | Date Acquired 7/1/2016        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Date Acquired Jul. 01, 2016      
Encumbrances $ 3,072,602      
Initial Cost, Land and Land Improvements 4,164,623      
Initial Cost, Buildings & Improvements 970,992      
Total Cost, Land and Land Improvements 4,164,623      
Total Cost, Buildings & Improvements 970,992      
Total Cost 5,135,615      
Accumulated Depreciation $ (48,550)      
Baca County, Colorado | Land & Improvements | Date Acquired 12/28/2016        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Date Acquired Dec. 28, 2016      
Encumbrances $ 5,900,005      
Initial Cost, Land and Land Improvements 11,430,267      
Initial Cost, Buildings & Improvements 277,551      
Total Cost, Land and Land Improvements 11,430,267      
Total Cost, Buildings & Improvements 277,551      
Total Cost 11,707,818      
Accumulated Depreciation $ 0      
Baca County, Colorado | Land & Buildings | Date Acquired 9/1/2016        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Date Acquired Sep. 01, 2016      
Encumbrances $ 3,051,727      
Initial Cost, Land and Land Improvements 6,167,465      
Initial Cost, Buildings & Improvements 213,511      
Total Cost, Land and Land Improvements 6,167,465      
Total Cost, Buildings & Improvements 213,511      
Total Cost 6,380,976      
Accumulated Depreciation $ (4,745)      
Stanislaus, California | Land & Improvements | Date Acquired 9/14/2016        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Date Acquired Sep. 14, 2016      
Encumbrances $ 7,273,282      
Initial Cost, Land and Land Improvements 14,114,337      
Initial Cost, Buildings & Improvements 45,465      
Total Cost, Land and Land Improvements 14,114,337      
Total Cost, Buildings & Improvements 45,465      
Total Cost 14,159,802      
Accumulated Depreciation $ 0      
Merced, California | Land & Improvements | Date Acquired 9/14/2016        
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]        
Date Acquired Sep. 14, 2016      
Encumbrances $ 6,713,799      
Initial Cost, Land and Land Improvements 12,844,650      
Initial Cost, Buildings & Improvements 504,445      
Total Cost, Land and Land Improvements 12,844,650      
Total Cost, Buildings & Improvements 504,445      
Total Cost 13,349,095      
Accumulated Depreciation $ 0