Adding some JavaScript to your Edit and New forms is probably the easiest option in this situation since you only want to see the column on the Display form.
SPUtility.js was specifically built for these types of situations (full disclosure, I maintain this open source library). I'd recommend creating a small HTML page with some code like this:
<script src="//ajax.aspnetcdn.com/ajax/jQuery/jquery-1.11.2.min.js"></script>
<script src="/kitsite/Files/sputility.min.js"></script>
<script>
// wait for the window to load
$(document).ready(function () {
// EXAMPLE: hide two different fields
SPUtility.GetSPField('Status').Hide();
SPUtility.GetSPField('Description').Hide();
});
</script>
Then, upload SPUtility.js and your HTML page into a library on your site and add a Content Editor Web Part referencing your page on EditForm and NewForm. Done!
Check out the Installation wiki page for more info on how to get started.