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Investment in Unconsolidated Entities - Additional Information (Details) - USD ($)
Mar. 31, 2018
Dec. 31, 2017
Mar. 31, 2017
Schedule Of Equity Method Investments [Line Items]      
Partnership's investment in an unconsolidated entity $ 52,809,740 $ 39,608,927  
Vantage At Panama City Beach [Member]      
Schedule Of Equity Method Investments [Line Items]      
Partnership's investment in an unconsolidated entity     $ 11,700,000
Vantage At Stone Creek [Member]      
Schedule Of Equity Method Investments [Line Items]      
Partnership's investment in an unconsolidated entity 7,100,000    
Vantage At Bulverde [Member]      
Schedule Of Equity Method Investments [Line Items]      
Partnership's investment in an unconsolidated entity $ 8,600,000