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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 |  |  |

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- Definition Amount of accumulated depreciation pertaining to real estate investments for entities with a substantial portion of business acquiring and holding investment real estate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 970 -SubTopic 360 -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-28.FN4) -URI http://asc.fasb.org/extlink&oid=6590653&loc=d3e638233-123024 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 10 -Section S99 -Paragraph 6 -Subparagraph (SX 210.5-04.(c) Schedule III) -URI http://asc.fasb.org/extlink&oid=27047687&loc=d3e5864-122674 + Details
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- Definition Amount of lien or mortgage outstanding on real estate investment properties for entities with a substantial portion of business acquiring and holding investment real estate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 970 -SubTopic 360 -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-28) -URI http://asc.fasb.org/extlink&oid=6590653&loc=d3e638233-123024 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 10 -Section S99 -Paragraph 6 -Subparagraph (SX 210.5-04.(c) Schedule III) -URI http://asc.fasb.org/extlink&oid=27047687&loc=d3e5864-122674 + Details
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