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Interest Rate Derivative Agreements - Summary of Terms of Interest Rate Swaps (Details) - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2018
Dec. 31, 2017
Derivative [Line Items]    
Fair Value of Liability $ (341,740) $ (826,852)
Interest Rate Swaps [Member]    
Derivative [Line Items]    
Fair Value of Liability $ (341,740) $ (826,852)
Interest Rate Swaps [Member] | Deutsche Bank [Member] | Decatur-Angle Apartments [Member]    
Derivative [Line Items]    
Purchase Date 2014-09 2014-09
Notional Amount $ 22,781,556 $ 22,821,429
Effective Date 2016-10 2016-10
Termination Date 2021-10 2021-10
Fixed Rate Paid 1.96% 1.96%
Period End Variable Rate Received 1.31% 1.08%
Fair Value of Liability $ (146,935) $ (402,261)
Interest Rate Swaps [Member] | Deutsche Bank [Member] | Decatur-Angle Apartments [Member] | London Interbank Offered Rate [Member]    
Derivative [Line Items]    
Variable Based Rate 70.00% 70.00%
Interest Rate Swaps [Member] | Deutsche Bank [Member] | Bruton Apts [Member]    
Derivative [Line Items]    
Purchase Date 2014-09 2014-09
Notional Amount $ 18,022,873 $ 18,051,775
Effective Date 2017-04 2017-04
Termination Date 2022-04 2022-04
Fixed Rate Paid 2.06% 2.06%
Period End Variable Rate Received 1.30% 1.08%
Fair Value of Liability $ (194,805) $ (424,591)
Interest Rate Swaps [Member] | Deutsche Bank [Member] | Bruton Apts [Member] | London Interbank Offered Rate [Member]    
Derivative [Line Items]    
Variable Based Rate 70.00% 70.00%