Consolidated Balance Sheets (USD $)
Dec. 31, 2013
Dec. 31, 2012
Property, Plant, and Equipment:    
Land, Timber, and Subsurface Interests $ 15,291,911 $ 15,194,901
Golf Buildings, Improvements, and Equipment 3,103,979 2,879,263
Income Properties, Land, Buildings, and Improvements 154,902,374 132,202,887
Other Furnishings and Equipment 955,597 906,441
Construction in Progress 987,303  
Total Property, Plant, and Equipment 175,241,164 151,183,492
Less, Accumulated Depreciation and Amortization (13,260,856) (12,091,901)
Property, Plant, and Equipment - Net 161,980,308 139,091,591
Land and Development Costs 23,768,914 27,848,525
Intangible Assets - Net 6,359,438 4,527,426
Assets Held for Sale 0 3,433,500
Impact Fee and Mitigation Credits 6,081,433 6,313,419
Commercial Mortgage Loan, Held for Investment 18,845,053  
Cash and Cash Equivalents 4,932,512 1,301,739
Restricted Cash 366,645  
Investment Securities, Carrying Value 729,814  
Net Pension Asset 407,670  
Refundable Income Taxes   239,720
Other Assets 2,711,893 1,940,980
Total Assets 226,183,680 184,696,900
Liabilities:    
Accounts Payable 872,331 440,541
Accrued Liabilities 4,726,809 6,121,392
Deferred Revenue 3,344,351 850,951
Accrued Stock-Based Compensation 247,671 265,311
Net Pension Obligation   1,317,683
Income Taxes Payable 1,044,061  
Deferred Income Taxes - Net 32,552,068 32,357,505
Long-Term Debt 63,227,032 29,126,849
Total Liabilities 106,014,323 70,480,232
Shareholders' Equity:    
Common Stock -25,000,000 shares authorized; $1 par value, 5,866,759 shares issued and 5,852,125 shares outstanding at December 31, 2013; 5,847,036 shares issued and 5,832,402 shares outstanding at December 31, 2012 5,767,192 5,726,136
Treasury Stock - 14,634 Shares (453,654) (453,654)
Additional Paid-In Capital 8,509,976 6,939,023
Retained Earnings 106,581,305 103,242,643
Accumulated Other Comprehensive Loss (235,462) (1,237,480)
Total Shareholders' Equity 120,169,357 114,216,668
Total Liabilities and Shareholders' Equity $ 226,183,680 $ 184,696,900