Summary of Significant Accounting Policies - Summary of Retrospective Adjustment and the Overall Impact on the Previously-reported Consolidated Financial Statements (Detail) - USD ($) |
Mar. 31, 2016 |
Dec. 31, 2015 |
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| New Accounting Pronouncements or Change in Accounting Principle [Line Items] | ||
| Deferred financing costs related to mortgage notes and bonds payable | $ 128,424 | $ 132,495 |
| Mortgage notes and bonds payable, net | $ 156,928,055 | 141,578,935 |
| As Previously Reported [Member] | ||
| New Accounting Pronouncements or Change in Accounting Principle [Line Items] | ||
| Deferred financing costs related to mortgage notes and bonds payable | 1,054,222 | |
| Mortgage notes and bonds payable, net | $ 142,633,157 |
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- Definition For an unclassified balance sheet, the carrying amount (net of accumulated amortization) as of the balance sheet date of capitalized costs associated with the issuance of debt instruments (for example, legal, accounting, underwriting, printing, and registration costs) that will be charged against earnings over the life of the debt instruments to which such costs pertain. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Carrying amount of collateralized debt obligations with maturities initially due after one year or beyond the operating cycle, if longer, excluding the current portion. Obligations include, but not limited to, mortgage loans, chattel loans, and other borrowings secured by assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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