Investment in Unconsolidated Entities (Tables)

3 Months Ended

Mar. 31, 2017

Equity Method Investments And Joint Ventures [Abstract]

Summary of Investments in Unconsolidated Entities

The following table provides the details of the investments in unconsolidated entities at March 31, 2017 and December 31, 2016:

Property Name	Location	Units	Carrying Value at March 31, 2017		Carrying Value at December 31, 2016		Maximum Remaining Equity Commitment at March 31, 2017
Vantage at Corpus Christi	Corpus Christi, TX	288	$	8,689,554	$	8,447,343	$	1,550,000
Vantage at Waco	Waco, TX	288		8,118,507		5,964,861		1,592,039
Vantage at Boerne	Boerne, TX	288		7,458,519		5,057,802		1,695,453
Vantage at Panama City Beach	Panama City Beach, FL	288		5,317,745		-		6,427,707
			$	29,584,325	$	19,470,006	$	11,265,199