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Consolidated Statements of Equity - USD ($)
Total
Common Stock
Capital in Excess of Par Value
Accumulated (Deficit) Income
Accumulated Cash Distributions
Total Stockholders’ Equity
Noncontrolling Interests
Beginning Balance (in shares) at Dec. 31, 2013   15,393,316          
Beginning Balance at Dec. 31, 2013 $ 134,378,111 $ 153,933 $ 120,627,485 $ (9,818,401) $ 0 $ 110,963,017 $ 23,415,094
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Subscriptions received for common stock through public offering (in shares)   5,985,914          
Subscriptions received for common stock through public offering $ 65,396,326 $ 59,859 65,336,467     65,396,326  
Redemptions of common stock (in shares) (40,447) (40,447)          
Redemptions of common stock $ (400,185) $ (404) (399,781)     (400,185)  
Stock issuance and offering costs $ (9,490,715)   (9,490,715)     (9,490,715)  
Stock distributions (in shares) 1,187,388 1,187,388          
Stock distributions $ 0 $ 11,874 (11,874)        
Purchase of noncontrolling interest (5,525,825)   (5,269,501)     (5,269,501) (256,324)
Contributions from non-controlling interests 14,744,367           14,744,367
Distributions to noncontrolling interests (2,149,737)           (2,149,737)
Net income (loss) (3,041,409)     (2,189,004)   (2,189,004) (852,405)
Ending Balance (in shares) at Dec. 31, 2014   22,526,171          
Ending Balance at Dec. 31, 2014 193,910,933 $ 225,262 170,792,081 (12,007,405) 0 159,009,938 34,900,995
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Cash distributions, declared and paid ($3.00 per share) (67,578,518)       (67,578,518) (67,578,518)  
Contributions from non-controlling interests 1,942,204           1,942,204
Distributions to noncontrolling interests (62,647,550)           (62,647,550)
Net income (loss) $ 82,261,459     30,902,630   30,902,630 51,358,829
Ending Balance (in shares) at Dec. 31, 2015 22,526,171 22,526,171          
Ending Balance at Dec. 31, 2015 $ 147,888,528 $ 225,262 170,792,081 18,895,225 (67,578,518) 122,334,050 25,554,478
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Distributions to noncontrolling interests (27,107,808)           (27,107,808)
Net income (loss) 35,462,377     13,530,515   13,530,515 21,931,862
Ending Balance (in shares) at Jul. 31, 2016   22,526,171          
Ending Balance at Jul. 31, 2016 $ 156,243,097 $ 225,262 $ 170,792,081 $ 32,425,740 $ (67,578,518) $ 135,864,565 $ 20,378,532