Borrowings - Summary of Mortgage Note Payable and Line of Credit (Detail) (USD $)
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12 Months Ended |
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Dec. 31, 2014
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May 09, 2014
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Dec. 31, 2013
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Debt Instrument [Line Items] |
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Principal Outstanding |
$ 86,417,361us-gaap_LongTermDebt
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$ 43,154,165us-gaap_LongTermDebt
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Undrawn Commitment |
125,993,002us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount
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4,685,000us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount
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New Line of Credit [Member] |
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Debt Instrument [Line Items] |
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Maturity Date |
Apr. 05, 2024
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MetLife [Member] |
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Debt Instrument [Line Items] |
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Initial Commitment |
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125,000,000us-gaap_DebtInstrumentFaceAmount / us-gaap_LineOfCreditFacilityAxis = land_MetlifeMember
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Maturity Date |
May 09, 2014
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MetLife [Member] | Mortgage Note Payable [Member] |
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Debt Instrument [Line Items] |
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Issuer |
MetLife
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Date of Issuance |
Dec. 30, 2010
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Initial Commitment |
45,200,000us-gaap_DebtInstrumentFaceAmount / us-gaap_LineOfCreditFacilityAxis = land_MetlifeMember / us-gaap_LongtermDebtTypeAxis = us-gaap_NotesPayableToBanksMember
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100,000,000us-gaap_DebtInstrumentFaceAmount / us-gaap_LineOfCreditFacilityAxis = land_MetlifeMember / us-gaap_LongtermDebtTypeAxis = us-gaap_NotesPayableToBanksMember
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Maturity Date |
Jan. 05, 2026
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Principal Outstanding |
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43,054,165us-gaap_LongTermDebt / us-gaap_LineOfCreditFacilityAxis = land_MetlifeMember / us-gaap_LongtermDebtTypeAxis = us-gaap_NotesPayableToBanksMember
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Stated Interest Rate |
3.50%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_LineOfCreditFacilityAxis = land_MetlifeMember / us-gaap_LongtermDebtTypeAxis = us-gaap_NotesPayableToBanksMember
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3.50%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_LineOfCreditFacilityAxis = land_MetlifeMember / us-gaap_LongtermDebtTypeAxis = us-gaap_NotesPayableToBanksMember
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MetLife [Member] | New Line of Credit [Member] |
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Debt Instrument [Line Items] |
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Issuer |
MetLife
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Date of Issuance |
May 23, 2012
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Initial Commitment |
4,785,000us-gaap_DebtInstrumentFaceAmount / us-gaap_LineOfCreditFacilityAxis = land_MetlifeMember / us-gaap_LongtermDebtTypeAxis = us-gaap_LineOfCreditMember
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25,000,000us-gaap_DebtInstrumentFaceAmount / us-gaap_LineOfCreditFacilityAxis = land_MetlifeMember / us-gaap_LongtermDebtTypeAxis = us-gaap_LineOfCreditMember
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Maturity Date |
Apr. 05, 2017
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Principal Outstanding |
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100,000us-gaap_LongTermDebt / us-gaap_LineOfCreditFacilityAxis = land_MetlifeMember / us-gaap_LongtermDebtTypeAxis = us-gaap_LineOfCreditMember
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Stated Interest Rate |
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3.25%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_LineOfCreditFacilityAxis = land_MetlifeMember / us-gaap_LongtermDebtTypeAxis = us-gaap_LineOfCreditMember
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Undrawn Commitment |
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4,685,000us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount / us-gaap_LineOfCreditFacilityAxis = land_MetlifeMember / us-gaap_LongtermDebtTypeAxis = us-gaap_LineOfCreditMember
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MetLife [Member] | Mortgage Note Payable [Member] |
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Debt Instrument [Line Items] |
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Issuer |
MetLife
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Date of Issuance |
May 09, 2014
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Initial Commitment |
100,000,000us-gaap_DebtInstrumentFaceAmount / us-gaap_LineOfCreditFacilityAxis = land_MetlifeMember / us-gaap_LongtermDebtTypeAxis = land_NewNotesPayableMember
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Maturity Date |
Jan. 05, 2029
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Principal Outstanding |
66,331,998us-gaap_LongTermDebt / us-gaap_LineOfCreditFacilityAxis = land_MetlifeMember / us-gaap_LongtermDebtTypeAxis = land_NewNotesPayableMember
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Stated Interest Rate |
3.61%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_LineOfCreditFacilityAxis = land_MetlifeMember / us-gaap_LongtermDebtTypeAxis = land_NewNotesPayableMember
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Undrawn Commitment |
33,668,002us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount / us-gaap_LineOfCreditFacilityAxis = land_MetlifeMember / us-gaap_LongtermDebtTypeAxis = land_NewNotesPayableMember
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MetLife [Member] | New Line of Credit [Member] |
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Debt Instrument [Line Items] |
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Issuer |
MetLife
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Date of Issuance |
May 09, 2014
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Initial Commitment |
25,000,000us-gaap_DebtInstrumentFaceAmount / us-gaap_LineOfCreditFacilityAxis = land_MetlifeMember / us-gaap_LongtermDebtTypeAxis = land_NewLineOfCreditMember
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Maturity Date |
Apr. 05, 2024
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Principal Outstanding |
4,000,000us-gaap_LongTermDebt / us-gaap_LineOfCreditFacilityAxis = land_MetlifeMember / us-gaap_LongtermDebtTypeAxis = land_NewLineOfCreditMember
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Stated Interest Rate |
2.75%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_LineOfCreditFacilityAxis = land_MetlifeMember / us-gaap_LongtermDebtTypeAxis = land_NewLineOfCreditMember
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Undrawn Commitment |
21,000,000us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount / us-gaap_LineOfCreditFacilityAxis = land_MetlifeMember / us-gaap_LongtermDebtTypeAxis = land_NewLineOfCreditMember
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Farm Credit [Member] |
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Debt Instrument [Line Items] |
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Maturity Date |
Aug. 01, 2034
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Stated Interest Rate |
3.53%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_LineOfCreditFacilityAxis = land_FarmCreditMember
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Farm Credit [Member] | Mortgage Note Payable [Member] |
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Debt Instrument [Line Items] |
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Issuer |
Farm Credit
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Date of Issuance |
Sep. 19, 2014
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Initial Commitment |
2,655,000us-gaap_DebtInstrumentFaceAmount / us-gaap_LineOfCreditFacilityAxis = land_FarmCreditMember / us-gaap_LongtermDebtTypeAxis = land_MortgageNotesPayableOneMember
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Maturity Date |
Aug. 01, 2034
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Principal Outstanding |
2,655,000us-gaap_LongTermDebt / us-gaap_LineOfCreditFacilityAxis = land_FarmCreditMember / us-gaap_LongtermDebtTypeAxis = land_MortgageNotesPayableOneMember
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Stated Interest Rate |
3.52%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_LineOfCreditFacilityAxis = land_FarmCreditMember / us-gaap_LongtermDebtTypeAxis = land_MortgageNotesPayableOneMember
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Farm Credit [Member] | Mortgage Note Payable [Member] |
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Debt Instrument [Line Items] |
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Issuer |
Farm Credit
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Date of Issuance |
Sep. 19, 2014
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Initial Commitment |
1,599,600us-gaap_DebtInstrumentFaceAmount / us-gaap_LineOfCreditFacilityAxis = land_FarmCreditMember / us-gaap_LongtermDebtTypeAxis = land_MortgageNotesPayableTwoMember
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Maturity Date |
Aug. 01, 2034
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Principal Outstanding |
1,599,600us-gaap_LongTermDebt / us-gaap_LineOfCreditFacilityAxis = land_FarmCreditMember / us-gaap_LongtermDebtTypeAxis = land_MortgageNotesPayableTwoMember
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Stated Interest Rate |
3.52%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_LineOfCreditFacilityAxis = land_FarmCreditMember / us-gaap_LongtermDebtTypeAxis = land_MortgageNotesPayableTwoMember
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Farm Credit [Member] | Mortgage Note Payable [Member] |
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Debt Instrument [Line Items] |
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Issuer |
Farm Credit
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Date of Issuance |
Sep. 29, 2014
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Initial Commitment |
8,259,000us-gaap_DebtInstrumentFaceAmount / us-gaap_LineOfCreditFacilityAxis = land_FarmCreditMember / us-gaap_LongtermDebtTypeAxis = land_MortgageNotesPayableThreeMember
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Maturity Date |
Aug. 01, 2034
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Principal Outstanding |
8,155,763us-gaap_LongTermDebt / us-gaap_LineOfCreditFacilityAxis = land_FarmCreditMember / us-gaap_LongtermDebtTypeAxis = land_MortgageNotesPayableThreeMember
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Stated Interest Rate |
3.54%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_LineOfCreditFacilityAxis = land_FarmCreditMember / us-gaap_LongtermDebtTypeAxis = land_MortgageNotesPayableThreeMember
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Farmer Mac [Member] | Bonds Payable [Member] |
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Debt Instrument [Line Items] |
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Issuer |
Farmer Mac
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Date of Issuance |
Dec. 11, 2014
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Initial Commitment |
75,000,000us-gaap_DebtInstrumentFaceAmount / us-gaap_LineOfCreditFacilityAxis = land_FarmerMacMember / us-gaap_LongtermDebtTypeAxis = us-gaap_CorporateBondSecuritiesMember
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Maturity Date |
Dec. 11, 2019
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Principal Outstanding |
3,675,000us-gaap_LongTermDebt / us-gaap_LineOfCreditFacilityAxis = land_FarmerMacMember / us-gaap_LongtermDebtTypeAxis = us-gaap_CorporateBondSecuritiesMember
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Stated Interest Rate |
3.25%us-gaap_DebtInstrumentInterestRateStatedPercentage / us-gaap_LineOfCreditFacilityAxis = land_FarmerMacMember / us-gaap_LongtermDebtTypeAxis = us-gaap_CorporateBondSecuritiesMember
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Undrawn Commitment |
$ 71,325,000us-gaap_DebtInstrumentUnusedBorrowingCapacityAmount / us-gaap_LineOfCreditFacilityAxis = land_FarmerMacMember / us-gaap_LongtermDebtTypeAxis = us-gaap_CorporateBondSecuritiesMember
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