Schedule III - Real Estate and Accumulated Depreciation - Schedule of Change in Balance of Real Estate (Detail) - USD ($) |
12 Months Ended | ||
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Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
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SEC Schedule III, Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward] | |||
Balance, beginning of period | $ 228,417,837 | $ 148,371,478 | $ 78,478,053 |
Additions: | |||
Acquisitions during the period | 100,356,160 | 75,078,078 | 67,287,231 |
Improvements | 8,772,590 | 5,036,926 | 2,726,734 |
Deductions: | |||
Dispositions during period | (169,993) | (68,645) | (120,540) |
Purchase price adjustments | 0 | 0 | 0 |
Balance, end of period | $ 337,376,594 | $ 228,417,837 | $ 148,371,478 |
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- Definition Additions. No definition available.
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- Definition Deductions. 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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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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