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Related-Party Transactions (Tables) | 3 Months Ended
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Mar. 31, 2016
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 March 31, |
|  | 2016 |  |  | 2015 |
Management fees (1)(2) |  | $ | 387,154 |  |  | $ | 295,748 |
Credits from voluntary, irrevocable waiver by Adviser’s board of directors (2)(3) |  |  | — |  |  |  | (320,905 | )
Net fee to (from) our Adviser |  | $ | 387,154 |  |  | $ | (25,157 | )
Administration fees (1)(2) |  | $ | 211,860 |  |  | $ | 130,936 |
(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 Consolidated Statements of Operations.
(3) | The credit received from our Adviser for the three months ended March 31, 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 one-time, voluntary and irrevocable 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 March 31, 2016, and December 31, 2015, were as follows:
|  | March 31, 2016 |  |  | December 31, 2015 |
Management fee due to Adviser |  | $ | 387,154 |  |  | $ | 362,373 |
Other due to Adviser(1) |  |  | 29,407 |  |  |  | 13,140 |
Total due to Adviser |  |  | 416,561 |  |  |  | 375,513 |
Administration fee due to Administrator |  |  | 211,860 |  |  |  | 190,080 |
Total due to Administrator |  |  | 211,860 |  |  |  | 190,080 |
Total due to related parties (2) |  | $ | 628,421 |  |  | $ | 565,593 |
(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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