Annual report pursuant to Section 13 and 15(d)

Real Estate and Lease Intangibles - Pro-Forma Condensed Consolidated Statements of Operations as Properties Acquired (Detail)

v2.4.1.9
Real Estate and Lease Intangibles - Pro-Forma Condensed Consolidated Statements of Operations as Properties Acquired (Detail) (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Operating Data:    
Total operating revenue $ 8,547,496us-gaap_BusinessAcquisitionsProFormaRevenue $ 9,113,902us-gaap_BusinessAcquisitionsProFormaRevenue
Total operating expenses (6,287,653)land_BusinessAcquisitionsProFormaOperatingExpenses (5,183,279)land_BusinessAcquisitionsProFormaOperatingExpenses
Other expenses (2,902,815)land_BusinessAcquisitionsProFormaOtherExpense (2,760,914)land_BusinessAcquisitionsProFormaOtherExpense
Net income before income taxes (642,972)land_BusinessAcquisitionsProFormaNetIncomeLossBeforeIncomeTax 1,169,708land_BusinessAcquisitionsProFormaNetIncomeLossBeforeIncomeTax
Provision for income taxes (26,502)land_BusinessAcquisitionsProFormaIncomeTaxExpenseBenefit (1,519,730)land_BusinessAcquisitionsProFormaIncomeTaxExpenseBenefit
Net income $ (669,474)us-gaap_BusinessAcquisitionsProFormaNetIncomeLoss $ (350,022)us-gaap_BusinessAcquisitionsProFormaNetIncomeLoss
Share and Per share Data:    
Earnings per share of common stock - basic and diluted $ (0.09)land_BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted $ (0.05)land_BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted
Weighted average common shares outstanding - basic and diluted 7,563,060land_BusinessAcquisitionProFormaWeightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted 7,443,197land_BusinessAcquisitionProFormaWeightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted