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Related-Party Transactions (Tables) | 9 Months Ended
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Sep. 30, 2015
Related Party Transactions [Abstract] |
Summary of Management Fees, Incentive Fees and Associated Credits and Administration Fees | The following table summarizes the management fees, incentive fees and associated credits and the administration fees reflected in our accompanying Condensed Consolidated Statements of Operations:
|  | For the Three Months Ended September 30, |  |  | For the Nine Months Ended September 30, |
|  | 2015 |  |  | 2014 |  |  | 2015 |  |  | 2014 |
Management fee(1)(2) |  | $ | 356,871 |  |  | $ | 300,552 |  |  | $ | 981,011 |  |  | $ | 778,047 |
Credit from voluntary, irrevocable waiver by Adviser’s board of directors(2)(3) |  |  | — |  |  |  | — |  |  |  | (320,905 | ) |  |  | — |
Net fee to our Adviser |  | $ | 356,871 |  |  | $ | 300,552 |  |  | $ | 660,106 |  |  | $ | 778,047 |
Administration fee(1)(2) |  | $ | 180,722 |  |  | $ | 144,952 |  |  | $ | 489,510 |  |  | $ | 276,157 |
(1) | Pursuant to the Advisory and Administration Agreements, respectively, which became effective on February 1, 2013.
(2) | Reflected as a line item on our accompanying Condensed Consolidated Statements of Operations.
(3) | The credit received from our Adviser for the nine months ended September 30, 2015, was attributable to a finder’s fee earned by our Adviser in connection with a farm we acquired during the three months ended March 31, 2015, which fee was granted to us as a waiver to be applied against the fees we pay to our Adviser.
Details of Amounts Due to Related Parties on Our Accompanying Condensed Consolidated Balance Sheets | Amounts due to related parties on our accompanying Condensed Consolidated Balance Sheets as of September 30, 2015, and December 31, 2014, were as follows:
|  | As of 9/30/2015 |  |  | As of 12/31/2014 |
Management fee due to Adviser |  | $ | 356,871 |  |  | $ | 301,487 |
Other due to Adviser(1) |  |  | 1,867 |  |  |  | 3,187 |
Total due to Adviser |  |  | 358,738 |  |  |  | 304,674 |
Administration fee due to Administrator |  |  | 180,722 |  |  |  | 166,427 |
Total due to Administrator |  |  | 180,722 |  |  |  | 166,427 |
Total due to related parties (2) |  | $ | 539,460 |  |  | $ | 471,101 |
(1) | Other fees due to related parties primarily relate to miscellaneous general and administrative expenses paid by our Adviser or Administrator on our behalf.
(2) | Reflected as a line item on our accompanying Condensed Consolidated Balance Sheets.

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- Definition Schedule of related party transaction fees. + References No definition available. + Details
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- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. + References No definition available. + Details
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