Quarterly report pursuant to Section 13 or 15(d)

Real Estate and Intangible Assets - Summary of Components of Investments in Real Estate (Detail)

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Real Estate and Intangible Assets - Summary of Components of Investments in Real Estate (Detail) - USD ($)
Sep. 30, 2015
Dec. 31, 2014
Real estate:    
Land and land improvements $ 184,176,187 $ 122,999,316
Irrigation systems 19,468,718 12,365,514
Buildings and improvements 10,906,636 10,479,301
Horticulture 1,559,339 1,559,340
Other site improvements 1,172,746 968,007
Real estate, at cost 217,283,626 148,371,478
Accumulated depreciation (6,078,467) (4,431,290)
Real estate, net $ 211,205,159 $ 143,940,188