Consolidated Balance Sheets (USD $)	Sep. 30, 2013	Dec. 31, 2012
ASSETS
Cash and Cash Equivalents	$ 743,424	$ 1,301,739
Restricted Cash	322,562
Refundable Income Taxes		239,720
Commercial Mortgage Loan, Held for Investment	18,006,024
Land and Development Costs	26,520,183	27,848,525
Intangible Assets - Net	6,616,419	4,527,426
Assets Held for Sale	3,203,100	3,433,500
Other Assets	8,654,440	8,254,399
Total assets before property, plant and equipment	64,066,152	45,605,309
Property, Plant, and Equipment:
Land, Timber, and Subsurface Interests	15,241,501	15,194,901
Golf Buildings, Improvements, and Equipment	3,013,856	2,879,263
Income Properties, Land, Buildings, and Improvements	158,189,373	132,202,887
Other Furnishings and Equipment	920,703	906,441
Construction in Process	51,215
Total Property, Plant, and Equipment	177,416,648	151,183,492
Less, Accumulated Depreciation and Amortization	(12,758,397)	(12,091,901)
Property, Plant, and Equipment - Net	164,658,251	139,091,591
TOTAL ASSETS	228,724,403	184,696,900
LIABILITIES
Accounts Payable	453,883	440,541
Accrued Liabilities	5,499,913	6,121,392
Deferred Revenue	4,199,583	850,951
Accrued Stock-Based Compensation	346,418	265,311
Pension Liability	1,225,932	1,317,683
Income Taxes Payable	1,356,638
Deferred Income Taxes - Net	31,646,987	32,357,505
Long-Term Debt	66,727,032	29,126,849
TOTAL LIABILITIES	111,456,386	70,480,232
Commitments and Contingencies
SHAREHOLDERS' EQUITY
Common Stock - 25,000,000 shares authorized; $1 par value, 5,864,359 shares issued and 5,849,725 shares outstanding at September 30, 2013; 5,847,036 shares issued and 5,832,402 shares outstanding at December 31, 2012	5,764,792	5,726,136
Treasury Stock, at cost - 14,634 shares held at September 30, 2013 and December 31, 2012	(453,654)	(453,654)
Additional Paid-In Capital	8,292,677	6,939,023
Retained Earnings	104,901,682	103,242,643
Accumulated Other Comprehensive Loss	(1,237,480)	(1,237,480)
TOTAL SHAREHOLDERS' EQUITY	117,268,017	114,216,668
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 228,724,403	$ 184,696,900