Real Estate and Intangible Assets - Summarized Information of Acquisition of Properties (Detail) (USD $)
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6 Months Ended |
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Jun. 30, 2013
Farm
acre
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Business Acquisition [Line Items] | |
Total Acreage | 328 |
Number of Farms | 2 |
Renewal Options | 5 years |
Total Purchase Price | $ 4,441,000 |
Acquisition Expenses | 141,152 |
Annualized Straight-line Rent | 280,903 |
Thirty Eight Avenue [Member] | Covert, MI [Member]
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Business Acquisition [Line Items] | |
Acquisition Date | Apr. 05, 2013 |
Sequoia Street [Member] | Brooks, OR [Member]
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Business Acquisition [Line Items] | |
Acquisition Date | May 31, 2013 |
Blueberries [Member] | Thirty Eight Avenue [Member] | Covert, MI [Member]
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Business Acquisition [Line Items] | |
Acquisition Date | Apr. 05, 2013 |
Total Acreage | 119 |
Number of Farms | 1 |
Lease Term | 7 years |
Renewal Options | 7 years |
Total Purchase Price | 1,341,000 |
Acquisition Expenses | 40,133 |
Annualized Straight-line Rent | 87,286 |
Blueberries [Member] | Sequoia Street [Member] | Brooks, OR [Member]
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Business Acquisition [Line Items] | |
Acquisition Date | May 31, 2013 |
Total Acreage | 209 |
Number of Farms | 1 |
Lease Term | 15 years |
Renewal Options | 5 years |
Total Purchase Price | 3,100,000 |
Acquisition Expenses | 101,019 |
Annualized Straight-line Rent | $ 193,617 |
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Annualized straight line rent escalations. No definition available.
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- Definition
Area of real estate property acquired. No definition available.
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- Definition
Lessee leasing arrangement lease renewal term. No definition available.
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Lessee leasing arrangement lease term. No definition available.
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- Definition
Number of farms acquired. No definition available.
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- Definition
Amount of direct costs of the business combination including legal, accounting, and other costs incurred to consummate the business acquisition. No definition available.
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- Definition
Date when the acquirer obtains control of the acquiree, in CCYY-MM-DD format. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of consideration transferred, consisting of acquisition-date fair value of assets transferred by the acquirer, liabilities incurred by the acquirer, and equity interest issued by the acquirer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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