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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues        
Income Properties $ 5,034,090 $ 3,864,632 $ 13,426,817 $ 10,821,121
Interest Income from Commercial Loan Investments 546,640 382,087 1,816,834 1,581,746
Real Estate Operations 1,748,398 8,781,759 3,976,340 11,184,591
Golf Operations 949,083 994,651 3,935,076 3,844,428
Agriculture and Other Income 19,504 182,731 59,181 258,052
Total Revenues 8,297,715 14,205,860 23,214,248 27,689,938
Direct Cost of Revenues        
Income Properties (997,760) (456,869) (2,321,493) (1,281,380)
Real Estate Operations (316,613) (3,572,082) (1,221,189) (4,017,659)
Golf Operations (1,355,469) (1,309,789) (4,201,313) (4,155,009)
Agriculture and Other Income (51,484) (34,158) (149,830) (144,690)
Total Direct Cost of Revenues (2,721,326) (5,372,898) (7,893,825) (9,598,738)
General and Administrative Expenses (2,778,960) (1,506,964) (6,123,603) (4,562,645)
Impairment Charges 0 (421,040) (510,041) (421,040)
Depreciation and Amortization (1,417,129) (886,618) (3,644,620) (2,505,007)
Gain on Disposition of Assets 3,763,140   3,781,329  
Total Operating Expenses (3,154,275) (8,187,520) (14,390,760) (17,087,430)
Operating Income 5,143,440 6,018,340 8,823,488 10,602,508
Investment Income 170,466 14,246 395,743 42,564
Interest Expense (1,892,145) (569,154) (4,847,081) (1,554,583)
Income Before Income Tax Expense 3,421,761 5,463,432 4,372,150 9,090,489
Income Tax Expense (1,349,480) (1,984,741) (1,721,896) (3,388,483)
Net Income 2,072,281 3,478,691 2,650,254 5,702,006
Less: Net Loss Attributable to Noncontrolling Interest in Consolidated VIE 7,590   7,590  
Net Income Attributable to Consolidated-Tomoka Land Co. $ 2,079,871 $ 3,478,691 $ 2,657,844 $ 5,702,006
Per Share Information: Basic        
Net Income Attributable to Consolidated-Tomoka Land Co. $ 0.36 $ 0.60 $ 0.46 $ 0.99
Per Share Information: Diluted        
Net Income Attributable to Consolidated-Tomoka Land Co. $ 0.36 $ 0.60 0.45 0.99
Dividends Declared and Paid     $ 0.04 $ 0.03