Borrowings - Additional Information (Detail) - USD ($)
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3 Months Ended |
12 Months Ended |
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Feb. 23, 2016 |
Sep. 03, 2015 |
May. 09, 2014 |
Jun. 30, 2015 |
Dec. 31, 2015 |
Dec. 15, 2015 |
Dec. 31, 2014 |
Dec. 31, 2013 |
Dec. 05, 2014 |
May. 23, 2012 |
Dec. 30, 2010 |
| Debt Instrument [Line Items] |
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| Weighted average interest rate on borrowings |
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3.40%
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3.60%
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3.60%
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| Unamortized deferred financing costs |
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$ 1,186,718
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$ 1,039,714
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| Note payable, outstanding |
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142,733,157
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86,417,361
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| Line of credit, carrying value |
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100,000
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4,000,000
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| Undrawn Commitment |
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78,723,806
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$ 125,993,002
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| Bear Mountain [Member] |
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| Debt Instrument [Line Items] |
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| Notes payable, drew |
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$ 21,100,000
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| Fixed interest rate payment period |
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5 years
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| Farmer Mac Bonds Payable [Member] |
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| Debt Instrument [Line Items] |
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| Debt instrument face amount |
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$ 75,000,000
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$ 75,000,000
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| Maturity Date |
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Jul. 24, 2019
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| Debt instrument, fixed rate of interest |
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2.87%
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3.25%
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| Note payable, outstanding |
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$ 33,706,000
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$ 3,675,000
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| Undrawn Commitment |
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41,294,000
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$ 71,325,000
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| Farm Credit Notes Payable [Member] |
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| Debt Instrument [Line Items] |
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| Reduction in interest rate |
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12.70%
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| Debt instrument face amount |
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$ 22,185,880
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| Debt instrument, fixed rate of interest |
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3.42%
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| Debt instrument covenants description |
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A maximum leverage ratio of not more than 65%; a minimum fixed charge coverage ratio of 1.4; and a minimum tangible net worth in excess of $50,000,000 (plus a certain percentage of future equity offerings).
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| Debt instrument, net worth value |
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$ 50,000,000
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| Aggregate financing costs |
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153,478
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| Note payable, outstanding |
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$ 21,456,963
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| Debt instrument, maximum leverage ratio |
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65.00%
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| Debt instrument, minimum fixed charge coverage ratio |
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1.40%
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| Percentage of outstanding bonds held by bond purchasers |
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110.00%
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| MetLife Mortgage Notes Payable [Member] |
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| Debt Instrument [Line Items] |
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| Debt instrument face amount |
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$ 100,000,000
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$ 100,000,000
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| Maturity Date |
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Jan. 05, 2029
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| Debt instrument, fixed rate of interest |
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3.35%
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3.35%
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3.61%
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| Extension of fixed-rate term |
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44 months
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| Extended fixed-rate term maturity year and month |
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2020-08
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| Extension of interest-only portion term |
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6 months
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| Extended interest-only portion maturity year and month |
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2016-07
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| Extension of draw period term |
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1 year
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| Extended draw period maturity year and month |
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2017-12
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| Note payable, outstanding |
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$ 87,470,194
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$ 66,331,998
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| Line of credit, carrying value |
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100,000
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| Undrawn Commitment |
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12,529,806
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$ 33,668,002
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| MetLife Mortgage Notes Payable [Member] | Bear Mountain [Member] |
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| Debt Instrument [Line Items] |
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| Debt instrument, fixed rate of interest |
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3.35%
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| Metlife Line of Credit [Member] |
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| Debt Instrument [Line Items] |
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| Debt instrument face amount |
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$ 25,000,000
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$ 25,000,000
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| Maturity Date |
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Apr. 05, 2024
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| Debt instrument, fixed rate of interest |
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2.58%
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2.75%
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| Note payable, outstanding |
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$ 100,000
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$ 4,000,000
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| Undrawn Commitment |
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24,900,000
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$ 21,000,000
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| New MetLife Credit Facility [Member] |
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| Debt Instrument [Line Items] |
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| Debt instrument face amount |
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$ 100,000,000
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| Commitment fee on undrawn amount |
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0.20%
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| Debt instrument interest rate |
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Three-month LIBOR plus a spread of 2.50%
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| New Credit Facility maximum borrowing capacity, percentage |
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58.00%
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| Period for interest rate adjustment |
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3 years
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| Expiration date of commitment |
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Dec. 31, 2017
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| Percentage added to LIBOR |
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2.25%
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2.50%
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| Minimum annualized rate |
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2.50%
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2.75%
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| Reduction in interest rate spread, basis points |
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0.25%
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| Reduction in floor interest rate, basis points |
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0.25%
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| Loan fees aggregate amount |
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$ 220,500
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| Aggregate financing costs |
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659,329
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| Unamortized deferred financing costs |
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298,614
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| Line of credit, carrying value |
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100,000
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| Remaining borrowing capacity |
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8,900,000
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| Farm Credit Mortgage Notes Payable [Member] |
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| Debt Instrument [Line Items] |
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| Reduction in interest rate |
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12.70%
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12.70%
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| Debt instrument face amount |
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$ 22,185,880
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| Maturity Date |
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Apr. 09, 2031
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| Debt instrument, fixed rate of interest |
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3.42%
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3.53%
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| Note payable, outstanding |
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$ 21,456,963
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$ 12,410,363
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| Metlife Line of Credit and Notes Payable [Member] |
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| Debt Instrument [Line Items] |
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| Undrawn Commitment |
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37,400,000
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| Subsequent Event [Member] | New MetLife Credit Facility [Member] |
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| Debt Instrument [Line Items] |
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| Remaining borrowing capacity |
$ 12,500,000
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| As Previously Reported [Member] | MetLife Mortgage Notes Payable [Member] |
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| Debt Instrument [Line Items] |
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| Reduction in interest rate |
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0.26%
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| Blended fixed interest rate |
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3.61%
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| As Previously Reported [Member] | New MetLife Credit Facility [Member] |
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| Debt Instrument [Line Items] |
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| Percentage added to LIBOR |
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2.50%
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| Mortgage Note Payable [Member] | Long-Term Mortgage Notes and Bonds Payable [Member] |
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| Debt Instrument [Line Items] |
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| Aggregate fair value of mortgage notes payable outstanding |
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139,700,000
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| Mortgage notes payable, carrying value |
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140,400,000
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| Mortgage Note Payable [Member] | Short-Term Mortgage Notes and Bonds Payable [Member] |
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| Debt Instrument [Line Items] |
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| Mortgage notes payable, carrying value |
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$ 2,200,000
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| Farmer Mac Facility [Member] | Farmer Mac Bonds Payable [Member] |
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| Debt Instrument [Line Items] |
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| Maximum loan-to-value ratio |
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60.00%
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| MetLife [Member] | Prior MetLife Line Of Credit Facility [Member] |
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| Debt Instrument [Line Items] |
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| Debt instrument face amount |
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$ 4,800,000
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| Maturity Date |
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Apr. 05, 2017
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| Debt instrument interest rate |
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Three-month LIBOR plus 3.00%
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| MetLife [Member] | Prior MetLife Note Payable [Member] |
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| Debt Instrument [Line Items] |
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| Maturity Date |
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Jan. 05, 2026
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| Debt instrument, fixed rate of interest |
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3.50%
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| Commitment fee on undrawn amount |
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0.20%
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| MetLife [Member] | Prior MetLife Note Payable [Member] | Maximum [Member] |
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| Debt Instrument [Line Items] |
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| Debt instrument face amount |
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$ 45,200,000
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| MetLife [Member] | Line of Credit [Member] | New MetLife Credit Facility [Member] |
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| Debt Instrument [Line Items] |
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| Debt instrument covenants description |
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A debt-to-asset-value ratio of equal to or less than sixty-five percent (65%); a net worth value in excess of $50,000,000; a debt-to-two-times-net-worth ratio of equal to or less than 0.65; and a rental-revenue-to-debt ratio of equal to or greater than 5.0%.
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| Debt instrument, net worth value |
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$ 50,000,000
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| Farm Credit Loan Maturing in May 2030 [Member] | Farm Credit Notes Payable [Member] |
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| Debt Instrument [Line Items] |
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| Debt instrument covenants description |
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A net worth value in excess of $50,000,000; and a maximum leverage ratio of equal to or less than sixty-five percent (65%)
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| Debt instrument, net worth value |
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$ 50,000,000
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| Loan fees aggregate amount |
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120,351
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| Aggregate financing costs |
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$ 223,620
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| Loan-to-value ratio |
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60.00%
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| Notes payable of principal and interest due period |
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12 months
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