There are finishing mowers for lawn type work. There are rotary cutters for field work.
So, are your pastures rough? If so, you would probably prefer a rotary cutter. If you're looking for a lawn type cut, you'd want a finishing mower.
Cutters aren't as expensive as finishing mowers and rear finishing mowers aren't as expensive as mid-mounts.
Let's assume a finishing mower can handle your work. You have 4 acre fenced in pastures. Let's also assume no trees or other obstacles in those fenced in areas.
If this case, a rear finishing mower would be the better choice. A mid-mount could not get as close to the corners. With a rear mower, you can back in to cut in a corner. The biggest advantage to a mid-mount is navigating around obstacles (trees and bushes, etc.). Since we working under the assumption that those pasture have few, if any trees and such, the advantage of the mid-mount is negated.
Since the rear finishing mowers are considerably cheaper to purchase then a mid-mount, I suggest a rear mower would be the way to go.
With approximately 5 parcels to mow (23 acres dived by four), I'd consider a bigger mower then 72". An 84" might be the way to go. You would want front weights for transporting that mower, by the way.
That's my opinion based upon the task you've described.