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Investments in Real Estate (Details) (USD $)
12 Months Ended
Jun. 30, 2014
Dec. 31, 2013
Number
sqft
Dec. 31, 2012
Dec. 31, 2013
Spring House [Member]
Number
sqft
Dec. 31, 2013
Creekside [Member]
Number
sqft
Dec. 31, 2013
Augusta [Member]
Number
sqft
Dec. 31, 2013
Orlando [Member]
Number
sqft
Dec. 31, 2013
Chicago [Member]
Number
sqft
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]                
Rentable Square Footage   1,183,496   310,826 211,632 266,148 234,600 160,290 [1]
Number of Units 636 1,252   432 192 240 198 190 [1]
Date Acquired       Dec. 03, 2009 Mar. 31, 2010 Sep. 01, 2010 Oct. 02, 2012 Dec. 17, 2012 [1]
Property Acquisition Cost   $ 148,450 [2]   $ 29,250 [2] $ 14,250 [2] $ 24,950 [2] $ 25,100 [2] $ 54,900 [1],[2]
Gross Amount of Our Investment $ 308,105,722 $ 143,633,067 $ 146,589,933 $ 2,670 $ 717 $ 1,931 $ 4,599 $ 6,098 [1]
Our Ownership Interest in Property Owner       38.25% 24.70% 25.00% 48.40% 35.31% [1]
Average Annual Effective Rent Per Unit   $ 6,333 [3]   $ 800 [3] $ 978 [3] $ 957 [3] $ 1,446 [3] $ 2,152 [1],[3]
Percentage of Occupied   91.00% [4]   92.00% [4] 92.00% [4] 88.00% [4] 95.00% [4] 89.00% [1],[4]
[1] The rentable square footage for the MDA Apartments includes 8,200 square feet of retail space.
[2] Property Acquisition Cost excludes acquisition fees and closing costs.
[3] Average effective monthly rent per unit is equal to the average of (i) the contractual rent for commenced leases as of December 31, 2013 minus any tenant concessions over the term of the lease, divided by (ii) the number of units under commenced leases as of December 31, 2013. Total concessions for the year ended December 31, 2013 amounted to approximately $617,000.
[4] Percent occupied is calculated as (i) the number of units occupied as of December 31, 2013, divided by (ii) total number of units, expressed as a percentage.