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Mortgage Payable and Other Secured Financing - Summary of Partnerships' Mortgage Payable and Other Secured Financing, Net of Deferred Financing Costs (Details) - USD ($)
9 Months Ended 12 Months Ended
Sep. 30, 2018
Dec. 31, 2017
Mortgage Loans on Real Estate [Line Items]    
Outstanding Mortgage Payable, net $ 27,681,596 $ 35,540,174
Period End Rate 4.96% 4.21%
Real Estate [Member] | Jade Park [Member]    
Mortgage Loans on Real Estate [Line Items]    
Outstanding Mortgage Payable, net   $ 7,468,548
Year Acquired   2016
Stated Maturity   Oct. 01, 2021
Variable / Fixed   Fixed
Reset Frequency   N/A
Period End Rate   3.85%
Tax Increment Financing [Member] | Real Estate [Member] | The 50/50 Student Housing--UNL [Member]    
Mortgage Loans on Real Estate [Line Items]    
Outstanding Mortgage Payable, net $ 3,243,620 $ 3,358,370
Year Acquired 2014 2014
Stated Maturity Dec. 01, 2019 Dec. 01, 2019
Variable / Fixed Fixed Fixed
Reset Frequency N/A N/A
Period End Rate 4.65% 4.65%
Mortgages payable [Member] | Real Estate [Member] | The 50/50 Student Housing--UNL [Member]    
Mortgage Loans on Real Estate [Line Items]    
Outstanding Mortgage Payable, net $ 24,437,976 $ 24,713,256
Year Acquired 2013 2013
Stated Maturity Mar. 01, 2020 Mar. 01, 2020
Variable / Fixed Variable Variable
Reset Frequency Monthly Monthly
Variable Based Rate [1] 5.00% 4.25%
Period End Rate 5.00% 4.25%
[1] Variable rate is based on the Wall Street Journal Prime Rate, but not to exceed 5.0%.