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Mortgages Payable (Details) - USD ($)
$ in Thousands
 1 Months Ended 12 Months Ended
Dec. 01, 2016
Nov. 10, 2016
Oct. 13, 2016
Jul. 14, 2016
Mar. 15, 2016
Jan. 05, 2016
Dec. 29, 2016
Dec. 15, 2016
Oct. 31, 2016
Aug. 30, 2016
May 27, 2016
Dec. 31, 2016
Dec. 31, 2015
Line of Credit Facility [Line Items]                          
Maturity Date             Jun. 29, 2019            
Mortgages [Member]                          
Line of Credit Facility [Line Items]                          
Total                       $ 716,153 $ 382,017
Fair value adjustments                       1,364 1,620
Deferred financing costs, net                       (6,942) (3,535)
Total mortgages payable                       $ 710,575 380,102
ARIUM at Palmer Ranch [Member]                          
Line of Credit Facility [Line Items]                          
Interest Rate                       2.79%  
Maturity Date           Feb. 01, 2023              
ARIUM at Palmer Ranch [Member] | Mortgages [Member]                          
Line of Credit Facility [Line Items]                          
Total Outstanding Principal                       $ 26,925 0
Interest Rate                       2.79%  
Fixed/Floating [1]                       Floating  
Maturity Date                       Feb. 01, 2023  
ARIUM Grandewood [Member]                          
Line of Credit Facility [Line Items]                          
Maturity Date                   Dec. 01, 2024      
ARIUM Grandewood [Member] | Mortgages [Member]                          
Line of Credit Facility [Line Items]                          
Total Outstanding Principal                       $ 34,294 29,444
Interest Rate                       2.45%  
Fixed/Floating [2]                       Floating  
Maturity Date                       Dec. 01, 2024  
ARIUM Gulfshore [Member] | Mortgages [Member]                          
Line of Credit Facility [Line Items]                          
Total Outstanding Principal                       $ 32,626 0
Interest Rate                       2.79%  
Fixed/Floating [3]                       Floating  
Maturity Date                       Feb. 01, 2023  
ARIUM Palms [Member]                          
Line of Credit Facility [Line Items]                          
Interest Rate                       2.84%  
ARIUM Palms [Member] | Mortgages [Member]                          
Line of Credit Facility [Line Items]                          
Total Outstanding Principal                       $ 24,999 24,999
Interest Rate                       2.84%  
Fixed/Floating [4]                       Floating  
Maturity Date                       Sep. 01, 2022  
ARIUM Pine Lakes [Member]                          
Line of Credit Facility [Line Items]                          
Interest Rate                 3.95%        
Maturity Date                 Nov. 01, 2023        
ARIUM Pine Lakes [Member] | Mortgages [Member]                          
Line of Credit Facility [Line Items]                          
Total Outstanding Principal                       $ 26,950 0
Interest Rate                       3.95%  
Fixed/Floating                       Fixed  
Maturity Date                       Nov. 01, 2023  
ARIUM Westside [Member]                          
Line of Credit Facility [Line Items]                          
Interest Rate       3.68%                  
Maturity Date       Aug. 01, 2023                  
ARIUM Westside [Member] | Mortgages [Member]                          
Line of Credit Facility [Line Items]                          
Total Outstanding Principal                       $ 52,150 0
Interest Rate                       3.68%  
Fixed/Floating                       Fixed  
Maturity Date                       Aug. 01, 2023  
Ashton I [Member] | Mortgages [Member]                          
Line of Credit Facility [Line Items]                          
Total Outstanding Principal                       $ 31,900 31,900
Interest Rate                       4.67%  
Fixed/Floating                       Fixed  
Maturity Date                       Dec. 01, 2025  
Ashton II [Member]                          
Line of Credit Facility [Line Items]                          
Interest Rate                       3.24%  
Ashton II [Member] | Mortgages [Member]                          
Line of Credit Facility [Line Items]                          
Total Outstanding Principal                       $ 15,270 15,270
Interest Rate                       3.24%  
Fixed/Floating [5]                       Floating  
Maturity Date                       Jan. 01, 2026  
Enders Place at Baldwin Park [Member] | Mortgages [Member]                          
Line of Credit Facility [Line Items]                          
Total Outstanding Principal [6]                       $ 24,732 25,155
Interest Rate [6]                       4.30%  
Fixed/Floating [6]                       Fixed  
Maturity Date [6]                       Nov. 01, 2022  
Fox Hills [Member] | Mortgages [Member]                          
Line of Credit Facility [Line Items]                          
Total Outstanding Principal                       $ 26,705 26,705
Interest Rate                       3.57%  
Fixed/Floating                       Fixed  
Maturity Date                       Apr. 01, 2022  
Lansbrook Village [Member]                          
Line of Credit Facility [Line Items]                          
Interest Rate                       3.06%  
Lansbrook Village [Member] | Mortgages [Member]                          
Line of Credit Facility [Line Items]                          
Total Outstanding Principal                       $ 57,190 43,628
Interest Rate                       3.06%  
Fixed/Floating [7]                       Floating  
Maturity Date                       Aug. 01, 2026  
Legacy At Southpark [Member]                          
Line of Credit Facility [Line Items]                          
Interest Rate               4.35%          
Maturity Date               Jan. 01, 2024          
Legacy At Southpark [Member] | Mortgages [Member]                          
Line of Credit Facility [Line Items]                          
Total Outstanding Principal                       $ 26,500 0
Interest Rate                       4.35%  
Fixed/Floating                       Fixed  
Maturity Date                       Jan. 01, 2024  
MDA Apartments [Member] | Mortgages [Member]                          
Line of Credit Facility [Line Items]                          
Total Outstanding Principal                       $ 37,124 37,600
Interest Rate                       5.35%  
Fixed/Floating                       Fixed  
Maturity Date                       Jan. 01, 2023  
Nevadan [Member]                          
Line of Credit Facility [Line Items]                          
Interest Rate                       3.10%  
Maturity Date     Nov. 01, 2023                    
Nevadan [Member] | Mortgages [Member]                          
Line of Credit Facility [Line Items]                          
Total Outstanding Principal                       $ 48,431 0
Interest Rate                       3.10%  
Fixed/Floating [8]                       Floating  
Maturity Date                       Nov. 01, 2023  
Park & Kingston [Member]                          
Line of Credit Facility [Line Items]                          
Maturity Date                     Apr. 01, 2020    
Park & Kingston [Member] | Mortgages [Member]                          
Line of Credit Facility [Line Items]                          
Total Outstanding Principal [9]                       $ 18,432 15,250
Interest Rate [9]                       3.41%  
Fixed/Floating [9]                       Fixed  
Maturity Date [9]                       Apr. 01, 2020  
Roswell City Walk [Member]                          
Line of Credit Facility [Line Items]                          
Interest Rate 3.63%                        
Maturity Date Dec. 01, 2026                        
Roswell City Walk [Member] | Mortgages [Member]                          
Line of Credit Facility [Line Items]                          
Total Outstanding Principal                       $ 51,000 0
Interest Rate                       3.63%  
Fixed/Floating                       Fixed  
Maturity Date                       Dec. 01, 2026  
Sorrel [Member] | Mortgages [Member]                          
Line of Credit Facility [Line Items]                          
Total Outstanding Principal                       $ 38,684 38,684
Interest Rate                       2.91%  
Fixed/Floating [10]                       Floating  
Maturity Date                       May 01, 2023  
Sovereign [Member] | Mortgages [Member]                          
Line of Credit Facility [Line Items]                          
Total Outstanding Principal                       $ 28,880 28,880
Interest Rate                       3.46%  
Fixed/Floating                       Fixed  
Maturity Date                       Nov. 10, 2022  
Springhouse at Newport News [Member] | Mortgages [Member]                          
Line of Credit Facility [Line Items]                          
Total Outstanding Principal                       $ 0 22,176
The Brodie [Member]                          
Line of Credit Facility [Line Items]                          
Maturity Date   Dec. 01, 2023                      
The Brodie [Member] | Mortgages [Member]                          
Line of Credit Facility [Line Items]                          
Total Outstanding Principal                       $ 34,825 0
Interest Rate                       3.71%  
Fixed/Floating                       Fixed  
Maturity Date                       Dec. 01, 2023  
The Preserve at Henderson Beach [Member]                          
Line of Credit Facility [Line Items]                          
Maturity Date         Jan. 05, 2023                
The Preserve at Henderson Beach [Member] | Mortgages [Member]                          
Line of Credit Facility [Line Items]                          
Total Outstanding Principal                       $ 36,989 0
Interest Rate                       4.65%  
Fixed/Floating                       Fixed  
Maturity Date                       Jan. 05, 2023  
Village Green Ann Arbor [Member] | Mortgages [Member]                          
Line of Credit Facility [Line Items]                          
Total Outstanding Principal                       $ 41,547 $ 42,326
Interest Rate                       3.92%  
Fixed/Floating                       Fixed  
Maturity Date                       Oct. 01, 2022  
[1] ARIUM at Palmer Ranch loan bears interest at a floating rate of 2.17% plus one-month LIBOR. At December 31, 2016, the interest rate was 2.79%.
[2] ARIUM Grandewood principal balance includes the initial advance of $29.44 million at a floating rate of 1.67% plus one month LIBOR and a $4.85 million supplemental loan at a floating rate of 2.74% plus one month LIBOR. At December 31, 2016, the interest rates on the initial advance and supplemental loan were 2.29% and 3.36%, respectively.
[3] ARIUM Gulfshore loan bears interest at a floating rate of 2.17% plus one month LIBOR. At December 31, 2016, the interest rate was 2.79%.
[4] ARIUM Palms loan bears interest at a floating rate of 2.22% plus one month LIBOR. At December 31, 2016, the interest rate was 2.84%.
[5] Ashton Reserve II loan bears interest at a floating rate of 2.62% plus one-month LIBOR. At December 31, 2016, the interest rate was 3.24%.
[6] The principal includes a $17.0 million loan at a fixed rate of 3.97% and a $7.9 million supplemental loan at a fixed rate of 5.01%.
[7] Lansbrook Village loan bears interest at a floating rate of 2.44% plus one month LIBOR. At December 31, 2016, the interest rate was 3.06%.
[8] Nevadan loan bears interest at a floating rate of 2.48% plus one month LIBOR. At December 312, 2016, the interest rate was 3.10%
[9] The principal includes a $15.3 million loan at a fixed rate of 3.21% and a $3.2 million supplemental loan at a fixed rate of 4.34%.
[10] Sorrel loan bears interest at a floating rate of 2.29% plus one-month LIBOR. At December 31, 2016, the interest rate was 2.91%.