IMO, there would be an accounting problem if the construction fees were way more than a fair market value, because while SIAF books the revenue, the JV knows it will be repaid.
But this is an accounting principal, and the company is audited. And the company reports the contracts, as has been vetted, and is being vetted again for the FN listing.
Nonetheless, I think selling construction for one farm for cash only -- no equity -- is a great idea because it would validate the value; carry the same on-going revenue stream from consulting; and most importantly would lessen the need for overall financing.