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Assets and Liabilities Measured at Fair Value (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2017
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Assets        
Impairment charge $ 4,100 $ 4,132 $ 0 $ 1,417
Nonrecurring | Buildings and Improvements        
Assets        
Buildings and improvements, net 19,000 [1] 19,000 [1] 25,000 [2]  
Impairment charge   4,100 [1] 1,400 [2]  
Nonrecurring | Buildings and Improvements | Discounted cash flow        
Assets        
Buildings and improvements, net 19,000 [3] 19,000 [3] 25,000 [4]  
Nonrecurring | Level 3 | Buildings and Improvements        
Assets        
Buildings and improvements, net 19,000 [1] $ 19,000 [1] 25,000 [2]  
Nonrecurring | Level 3 | Buildings and Improvements | Discounted cash flow        
Assets        
Discount rate [5]   8.00%    
Terminal capitalization rate [5]   7.00%    
Nonrecurring | Level 1 | Buildings and Improvements        
Assets        
Buildings and improvements, net 0 [1] $ 0 [1] 0 [2]  
Nonrecurring | Level 2 | Buildings and Improvements        
Assets        
Buildings and improvements, net $ 0 [1] $ 0 [1] $ 0 [2]  
Nonrecurring | Minimum | Buildings and Improvements        
Assets        
Discount rate [4]     7.50%  
Nonrecurring | Minimum | Buildings and Improvements | Discounted cash flow        
Assets        
Terminal capitalization rate [4]     6.50%  
Nonrecurring | Maximum | Buildings and Improvements        
Assets        
Discount rate [4]     8.00%  
Nonrecurring | Maximum | Buildings and Improvements | Discounted cash flow        
Assets        
Terminal capitalization rate [4]     7.50%  
[1] We recorded non-cash impairment charge of $4.1 million during the year ended December 31, 2017 as a result of a measurable decrease in the fair value of 22 Exchange.
[2] We recorded a non-cash impairment charge of $1.4 million during the year ended December 31, 2015 as a result of a measurable decrease in the fair value of 22 Exchange, one of our student housing investments.
[3] We recorded a non-cash impairment charge of $4.1 million during the year ended December 31, 2017 on our investment in 22 Exchange, one of our student housing investments.
[4] Due to the local market decline in Akron, Ohio, we recorded a non-cash impairment charge of $1.4 million on our investment in 22 Exchange, a student housing property, during the year ended December 31, 2015.
[5] We recorded a non-cash impairment charge of $4.1 million on our investment in 22 Exchange during the year ended December 31, 2017.