Schedule III - Real Estate and Accumulated Depreciation - Schedule of Change in Balance of Real Estate (Detail) - USD ($) |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2013 |
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| SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract] | |||
| Balance, beginning of period | $ 148,371,478 | $ 78,478,053 | $ 39,678,968 |
| Additions: | |||
| Acquisitions during the period | 75,078,078 | 67,287,231 | 37,768,162 |
| Improvements | 5,036,926 | 2,726,734 | 1,030,923 |
| Deductions: | |||
| Dispositions during period | (68,645) | (120,540) | |
| Purchase price adjustments | 0 | 0 | 0 |
| Balance, end of period | $ 228,417,837 | $ 148,371,478 | $ 78,478,053 |
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- Definition Additions. No definition available.
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- Definition Deductions. No definition available.
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- References No definition available.
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- Definition Amount of real estate investments sold for entities with a substantial portion of business acquiring and holding investment real estate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount, before accumulated depreciation, of real estate investments for entities with a substantial portion of business acquiring and holding investment real estate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of increase in real estate investments related to improvements for entities with a substantial portion of business acquiring and holding investment real estate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of increase in real estate investments from acquisitions other than through foreclosure for entities with a substantial portion of business acquiring and holding investment real estate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of other deductions to real estate investments, excluding sales, for entities with a substantial portion of business acquiring and holding investment real estate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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