Borrowings - Additional Information (Detail) (USD $)
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3 Months Ended | 9 Months Ended | 0 Months Ended | 9 Months Ended | 0 Months Ended | 3 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | ||||||||||||||
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Sep. 30, 2014
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Sep. 30, 2013
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Sep. 30, 2014
Farm
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Sep. 30, 2013
Farm
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Dec. 31, 2013
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May 09, 2014
MetLife [Member]
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Sep. 30, 2014
MetLife [Member]
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May 09, 2014
MetLife [Member]
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Sep. 29, 2014
Farm Credit [Member]
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Sep. 30, 2014
Farm Credit [Member]
Farm
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Sep. 30, 2014
Farm Credit [Member]
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Sep. 29, 2014
Farm Credit [Member]
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Sep. 19, 2014
Farm Credit [Member]
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Sep. 30, 2014
New Line of Credit [Member]
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Sep. 30, 2014
New Line of Credit [Member]
MetLife [Member]
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May 09, 2014
New Line of Credit [Member]
MetLife [Member]
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Dec. 31, 2013
New Line of Credit [Member]
MetLife [Member]
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Sep. 30, 2014
Mortgage Note Payable [Member]
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Sep. 30, 2014
Mortgage Note Payable [Member]
MetLife [Member]
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May 09, 2014
Mortgage Note Payable [Member]
MetLife [Member]
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Dec. 31, 2013
Mortgage Note Payable [Member]
MetLife [Member]
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Sep. 30, 2014
Mortgage Note Payable [Member]
MetLife [Member]
Maximum [Member]
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Sep. 30, 2014
Prior Note Payable [Member]
MetLife [Member]
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Sep. 30, 2014
Prior Line of Credit [Member]
MetLife [Member]
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Debt Instrument [Line Items] | ||||||||||||||||||||||||
Weighted average interest rate on borrowings | 3.60% | 3.60% | 3.60% | 3.60% | ||||||||||||||||||||
Debt instrument face amount | $ 125,000,000 | $ 4,785,000 | $ 25,000,000 | $ 45,200,000 | $ 100,000,000 | $ 45,200,000 | $ 4,800,000 | |||||||||||||||||
New Credit Facility maximum borrowing capacity, percentage | 58.00% | |||||||||||||||||||||||
Blended fixed interest rate | 3.53% | 3.53% | 3.25% | 3.50% | 3.50% | |||||||||||||||||||
Commitment fee on undrawn amount | 0.20% | 0.20% | ||||||||||||||||||||||
Period for interest rate adjustment | 3 years | |||||||||||||||||||||||
Expiration date of commitment | Dec. 31, 2016 | |||||||||||||||||||||||
Note payable, outstanding | 53,845,598 | 53,845,598 | 43,054,165 | 41,300,000 | ||||||||||||||||||||
Maturity Date | May 09, 2014 | Aug. 01, 2034 | Apr. 05, 2024 | Apr. 05, 2017 | Jan. 05, 2026 | Jan. 05, 2029 | Jan. 05, 2026 | Apr. 05, 2017 | ||||||||||||||||
Debt instrument interest rate | Three-month LIBOR plus a spread of 2.50% | |||||||||||||||||||||||
Minimum annualized rate | 2.75% | |||||||||||||||||||||||
Debt instrument covenants description | A net worth value in excess of $50,000,000; and a maximum leverage ratio of equal to or less than sixty-five percent (65%) | A debt-to-asset-value ratio of equal to or less than sixty-five percent (65%); a net worth value in excess of $50,000,000; a debt-to-two-times-net-worth ratio of equal to or less than 0.65; and a rental-revenue-to-debt ratio of equal to or greater than 5.0%. | ||||||||||||||||||||||
Debt instrument, net worth value | 50,000,000 | 50,000,000 | 50,000,000 | |||||||||||||||||||||
Loan fees aggregate amount | 220,500 | 78,211 | 78,211 | |||||||||||||||||||||
Aggregate financing costs | 601,085 | 120,852 | ||||||||||||||||||||||
Unamortized deferred financing costs | 996,223 | 996,223 | 309,933 | 298,614 | ||||||||||||||||||||
Availability of credit facility | 24,800,000 | |||||||||||||||||||||||
Aggregate notes payable | 4,200,000 | |||||||||||||||||||||||
Additional borrowings | 8,300,000 | |||||||||||||||||||||||
Total borrowings from credit notes payable | 12,500,000 | |||||||||||||||||||||||
Credit notes payable interest rate there after, Description | LIBOR, plus 2.875%. | |||||||||||||||||||||||
Credit notes payable interest rate there after | 2.875% | |||||||||||||||||||||||
Original principal amounts as a percent of aggregate appraised value | 60.00% | 60.00% | ||||||||||||||||||||||
Number of Farms | 8 | 2 | 3 | |||||||||||||||||||||
Notes payable of principal and interest due period | 12 months | |||||||||||||||||||||||
Aggregate fair value of mortgage notes payable outstanding | 53,700,000 | |||||||||||||||||||||||
Mortgage notes payable, carrying value | $ 53,800,000 |