Investment in Unconsolidated Entities (Tables)

9 Months Ended

Sep. 30, 2018

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 September 30, 2018 and December 31, 2017:

Property Name	Location	Units	Month Commitment Executed	Construction Completion Date	Carrying Value at September 30, 2018		Carrying Value at December 31, 2017		Maximum Remaining Equity Commitment at September 30, 2018
Vantage at Corpus Christi	Corpus Christi, TX	288	March 2016	August 2017	$	8,610,674	$	9,178,139	$	1,550,000
Vantage at Boerne	Boerne, TX	288	August 2016	December 2017		8,830,000		8,272,810		1,475,936
Vantage at Waco	Waco, TX	288	August 2016	January 2018		9,337,166		8,748,091		1,592,039
Vantage at Panama City Beach	Panama City Beach, FL	288	March 2017	June 2018		11,152,005		10,349,416		1,996,500
Vantage at Powdersville	Powdersville, SC	288	November 2017	N/A		11,252,239		3,060,471		-
Vantage at Stone Creek	Omaha, NE	294	March 2018	N/A		7,386,856		-		-
Vantage at Bulverde	Bulverde, TX	288	March 2018	N/A		8,956,732		-		-
Vantage at Germantown	Germantown, TN	288	June 2018	N/A		4,402,208		-		6,119,505
Vantage at Murfreesboro	Murfreesboro, TN	288	September 2018	N/A		5,499,398		-		6,755,836
Vantage at Coventry	Omaha, NE	288	September 2018	N/A		4,867,369		-		3,279,944
					$	80,294,647	$	39,608,927	$	22,769,760