Investment in Unconsolidated Entities - Summary of Investments in Unconsolidated Entities (Details)	12 Months Ended
	Dec. 31, 2016 USD ($) Unit	Oct. 31, 2015 Unit
Schedule Of Equity Method Investments [Line Items]
Units | Unit		2
Investment in unconsolidated entities (Note 10)	$ 19,470,006
Maximum Remaining Equity Commitment	$ 9,058,248
Vantage at Corpus Christi [Member] | Corpus Christi T X
Schedule Of Equity Method Investments [Line Items]
Month Commitment Executed	2016-03
Units | Unit	288
Investment in unconsolidated entities (Note 10)	$ 8,447,343
Maximum Remaining Equity Commitment	$ 1,550,000
Vantage At Waco | Waco T X
Schedule Of Equity Method Investments [Line Items]
Month Commitment Executed	2016-08
Units | Unit	288
Investment in unconsolidated entities (Note 10)	$ 5,964,861
Maximum Remaining Equity Commitment	$ 3,572,133
Vantage At Boerne | Boerne T X
Schedule Of Equity Method Investments [Line Items]
Month Commitment Executed	2016-08
Units | Unit	288
Investment in unconsolidated entities (Note 10)	$ 5,057,802
Maximum Remaining Equity Commitment	$ 3,936,115