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Real Estate Assets - Real Estate Assets Owned by Partnership (Details)
Dec. 31, 2021
USD ($)
Unit
Dec. 31, 2020
USD ($)
Unit
Real Estate [Line Items]    
Land and Land Improvements $ 7,411,079 $ 4,875,265
Buildings and Improvements 72,998,475 72,316,152
Carrying Value 80,409,554 77,191,417
Accumulated depreciation (20,701,922) (18,150,215)
Net real estate assets $ 59,707,632 $ 59,041,202
Suites on Paseo [Member] | San Diego, CA [Member]    
Real Estate [Line Items]    
Number of Units | Unit 384 384
Land and Land Improvements $ 3,199,268 $ 3,199,268
Buildings and Improvements 39,302,507 39,375,298
Carrying Value $ 42,501,775 $ 42,574,566
The 50/50 Student Housing--UNL [Member] | Lincoln, NE [Member]    
Real Estate [Line Items]    
Number of Units | Unit 475 475
Buildings and Improvements $ 33,013,039 $ 32,940,854
Carrying Value $ 33,013,039 32,940,854
Vantage at San Marcos [Member] | San Marcos TX [Member]    
Real Estate [Line Items]    
Number of Units | Unit [1] 288  
Land and Land Improvements [2] $ 2,660,615  
Buildings and Improvements [2] 682,929  
Carrying Value [2] 3,343,544  
Land Held for Development [Member]    
Real Estate [Line Items]    
Land and Land Improvements 1,551,196 [3] 1,675,997 [4]
Carrying Value $ 1,551,196 [3] $ 1,675,997 [4]
[1] The property became a consolidated VIE effective during the fourth quarter of 2021 (Note 5). A development site has been identified for this property but construction has not commenced as of December 31, 2021.
[2] The assets are owned by a consolidated VIE for future development of a market-rate multifamily property. See Note 5 for further information.
[3] Land held for development consists of land and development costs for parcels of land in Richland County, SC and Omaha, NE.
[4] Land held for development consists of land and development costs for parcels of land in Gardner, KS and Richland County, SC and Omaha, NE.