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Investments in Unconsolidated Entities - Summary of Investments in Unconsolidated Entities (Details)
3 Months Ended
Mar. 31, 2021
USD ($)
Unit
Dec. 31, 2020
USD ($)
Schedule Of Equity Method Investments [Line Items]    
Units | Unit 3,468  
Carrying Value $ 94,664,865 $ 106,878,570
Maximum Remaining Equity Commitment $ 16,303,866  
Vantage At Powdersville [Member] | Powdersville S C [Member]    
Schedule Of Equity Method Investments [Line Items]    
Units | Unit 288  
Month Commitment Executed November 2017  
Construction Completion Date 2020-02  
Carrying Value $ 12,295,801 12,295,801
Vantage At Stone Creek [Member] | Omaha, NE [Member]    
Schedule Of Equity Method Investments [Line Items]    
Units | Unit 294  
Month Commitment Executed March 2018  
Construction Completion Date 2020-04  
Carrying Value $ 7,840,500 7,840,500
Vantage At Bulverde [Member] | Bulverde T X [Member]    
Schedule Of Equity Method Investments [Line Items]    
Units | Unit 288  
Month Commitment Executed March 2018  
Construction Completion Date 2019-08  
Carrying Value $ 10,570,000 10,570,000
Vantage At Germantown [Member] | Germantown, TN [Member]    
Schedule Of Equity Method Investments [Line Items]    
Units | Unit 288  
Month Commitment Executed June 2018  
Construction Completion Date 2020-03  
Carrying Value   12,425,000
Vantage At Murfreesboro [Member] | Murfreesboro, TN [Member]    
Schedule Of Equity Method Investments [Line Items]    
Units | Unit 288  
Month Commitment Executed September 2018  
Construction Completion Date 2020-10  
Carrying Value $ 12,390,012 14,640,000
Vantage At Coventry [Member] | Omaha, NE [Member]    
Schedule Of Equity Method Investments [Line Items]    
Units | Unit 294  
Month Commitment Executed September 2018  
Construction Completion Date 2021-02  
Carrying Value $ 9,007,435 9,007,435
Vantage At O'Connor [Member] | San Antonio, TX [Member]    
Schedule Of Equity Method Investments [Line Items]    
Units | Unit 288  
Month Commitment Executed October 2019  
Carrying Value $ 8,453,760 8,245,890
Vantage At Conroe [Member] | Conroe T X [Member]    
Schedule Of Equity Method Investments [Line Items]    
Units | Unit 288  
Month Commitment Executed April 2019  
Construction Completion Date 2021-01  
Carrying Value $ 10,669,242 10,406,895
Vantage At Westover Hills [Member] | San Antonio, TX [Member]    
Schedule Of Equity Method Investments [Line Items]    
Units | Unit 288  
Month Commitment Executed January 2020  
Carrying Value $ 8,223,758 8,021,544
Vantage At Tomball [Member] | Tomball TX [Member]    
Schedule Of Equity Method Investments [Line Items]    
Units | Unit 288  
Month Commitment Executed August 2020  
Carrying Value $ 10,964,487 9,280,134
Vantage At Hutto [Member] | Hutto TX [Member]    
Schedule Of Equity Method Investments [Line Items]    
Units | Unit 288  
Month Commitment Executed November 2020  
Carrying Value $ 3,243,428 3,163,676
Maximum Remaining Equity Commitment $ 7,359,952  
Vantage At San Marcos [Member] | San Marcos TX [Member]    
Schedule Of Equity Method Investments [Line Items]    
Units | Unit 288  
Month Commitment Executed November 2020  
Carrying Value $ 1,006,442 $ 981,695
Maximum Remaining Equity Commitment $ 8,943,914