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Mortgage Payable and Other Secured Financing - Contractual Maturities of Mortgages Payable and Other Secured Financing (Details) - USD ($)
Mar. 31, 2018
Dec. 31, 2017
Mortgage Loans on Real Estate [Line Items]    
Deferred financing costs $ (3,865,703)  
Total mortgages payable and other secured financings, net 35,453,563 $ 35,540,174
Mortgages Payable and Other Secured Financing [Member]    
Mortgage Loans on Real Estate [Line Items]    
Remainder of 2018 632,527  
2019 3,971,173  
2020 24,191,921  
2021 6,858,994  
Total 35,654,615  
Deferred financing costs (201,052)  
Total mortgages payable and other secured financings, net $ 35,453,563