Investments in Unconsolidated Entities (Tables)

3 Months Ended

Mar. 31, 2020

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 as of March 31, 2020 and December 31, 2019 and remaining equity commitment amounts as of March 31, 2020:

Property Name	Location	Units		Month Commitment Executed	Construction Completion Date	Carrying Value as of March 31, 2020		Carrying Value as of December 31, 2019		Maximum Remaining Equity Commitment as of March 31, 2020
Vantage at Waco	Waco, TX		288	August 2016	May 2018	$	9,337,166	$	9,337,166	$	1,592,039
Vantage at Powdersville	Powdersville, SC		288	November 2017	February 2020		12,295,801		12,295,801		-
Vantage at Stone Creek	Omaha, NE		294	March 2018	N/A		7,840,500		7,840,500		-
Vantage at Bulverde	Bulverde, TX		288	March 2018	August 2019		10,399,773		10,144,052		-
Vantage at Germantown	Germantown, TN		288	June 2018	March 2020		12,041,237		11,745,155		-
Vantage at Murfreesboro	Murfreesboro, TN		288	September 2018	N/A		13,857,159		13,516,425		-
Vantage at Coventry	Omaha, NE		288	September 2018	N/A		9,007,435		9,007,435		-
Vantage at Conroe	Conroe, TX		288	April 2019	N/A		9,657,930		8,078,519		-
Vantage at O'Connor	San Antonio, TX		288	October 2019	N/A		7,652,449		5,016,811		-
Vantage at Westover Hills	San Antonio, TX		288	January 2020	N/A		6,554,277		-		893,417
			2,886			$	98,643,727	$	86,981,864	$	2,485,456

Summary of Partnership's Investments in Unconsolidated Entities

The following table provides combined summary financial information for the Partnership’s investments in unconsolidated entities for the three months ended March 31, 2020 and 2019:

	For the Three Months Ended March 31,
	2020			2019
Property Revenues	$	2,483,605		$	2,717,268
Net loss	$	(2,519,165	)	$	(117,063	)