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Equity (Tables)
 9 Months Ended
Sep. 30, 2016
Equity [Abstract]  
Share redemption price
Effective March 17, 2013, the redemption price per share shall be as shown below, which is based upon the number of years the stock is held:
Period of Time Held
 
Redemption Price
At least one year
 
Lower of $9.25 or the price paid by the stockholder
At least two years
 
Lower of $9.50 or the price paid by the stockholder
At least three years
 
Lower of $9.75 or the price paid by the stockholder
At least four years
 
Lower of $10.28 or the price paid by the stockholder
Schedule of activity for noncontrolling interests
The following summarizes the activity for noncontrolling interests recorded as equity for the nine months ended September 30, 2016 and year ended December 31, 2015:
 
Nine Months Ended September 30, 2016
 
Year Ended December 31, 2015
Beginning balance
$
21,318

 
$
17,478

Contribution/issuance of noncontrolling interests
11,941

 
7,282

Distributions to noncontrolling interests
(3,022
)
 
(3,150
)
Allocated distributions to noncontrolling interests subject to redemption
(9
)
 
(10
)
Net income (loss)
896

 
(138
)
Other comprehensive loss
(622
)
 
(144
)
Ending balance
$
30,502

 
$
21,318