XML 109 R69.htm IDEA: XBRL DOCUMENT v2.4.1.9
Debt (Details 1) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Debt Instrument [Line Items]    
Principal Outstanding $ 300,673us-gaap_DebtInstrumentCarryingAmount $ 205,531us-gaap_DebtInstrumentCarryingAmount
The Grove at Muncie [Member]    
Debt Instrument [Line Items]    
Face Amount 14,567us-gaap_DebtInstrumentFaceAmount
/ ccg_ConstructionLoansAxis
= ccg_GroveAtMuncieMember
 
Principal Outstanding 13,892us-gaap_DebtInstrumentCarryingAmount
/ ccg_ConstructionLoansAxis
= ccg_GroveAtMuncieMember
12,237us-gaap_DebtInstrumentCarryingAmount
/ ccg_ConstructionLoansAxis
= ccg_GroveAtMuncieMember
Stated Interest Rate LIBOR + 225 BPS  
Interest Rate 2.42%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ ccg_ConstructionLoansAxis
= ccg_GroveAtMuncieMember
 
Maturity Date Jul. 03, 2015 [1]  
Mortgage Notes Payable Amortization Terms Interest only  
The Grove at Slippery Rock [Member]    
Debt Instrument [Line Items]    
Face Amount 17,961us-gaap_DebtInstrumentFaceAmount
/ ccg_ConstructionLoansAxis
= ccg_GroveAtSlipperyRockMember
 
Principal Outstanding 16,031us-gaap_DebtInstrumentCarryingAmount
/ ccg_ConstructionLoansAxis
= ccg_GroveAtSlipperyRockMember
0us-gaap_DebtInstrumentCarryingAmount
/ ccg_ConstructionLoansAxis
= ccg_GroveAtSlipperyRockMember
Stated Interest Rate LIBOR + 215 BPS  
Interest Rate 2.32%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ ccg_ConstructionLoansAxis
= ccg_GroveAtSlipperyRockMember
 
Maturity Date Jun. 21, 2016 [1]  
Mortgage Notes Payable Amortization Terms Interest only  
The Grove at Fort Collins [Member]    
Debt Instrument [Line Items]    
Face Amount 19,073us-gaap_DebtInstrumentFaceAmount
/ ccg_ConstructionLoansAxis
= ccg_GroveAtFortCollinsMember
 
Principal Outstanding 19,073us-gaap_DebtInstrumentCarryingAmount
/ ccg_ConstructionLoansAxis
= ccg_GroveAtFortCollinsMember
17,228us-gaap_DebtInstrumentCarryingAmount
/ ccg_ConstructionLoansAxis
= ccg_GroveAtFortCollinsMember
Stated Interest Rate LIBOR + 190 BPS  
Interest Rate 2.07%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ ccg_ConstructionLoansAxis
= ccg_GroveAtFortCollinsMember
 
Maturity Date Jul. 13, 2015 [1]  
Mortgage Notes Payable Amortization Terms Interest only  
The Grove at Pullman [Member]    
Debt Instrument [Line Items]    
Face Amount 16,016us-gaap_DebtInstrumentFaceAmount
/ ccg_ConstructionLoansAxis
= ccg_GroveAtPullmanMember
 
Principal Outstanding 10,886us-gaap_DebtInstrumentCarryingAmount
/ ccg_ConstructionLoansAxis
= ccg_GroveAtPullmanMember
10,673us-gaap_DebtInstrumentCarryingAmount
/ ccg_ConstructionLoansAxis
= ccg_GroveAtPullmanMember
Stated Interest Rate LIBOR + 220 BPS  
Interest Rate 2.37%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ ccg_ConstructionLoansAxis
= ccg_GroveAtPullmanMember
 
Maturity Date Sep. 05, 2015 [1]  
Mortgage Notes Payable Amortization Terms Interest only  
The Grove at Grand Forks [Member]    
Debt Instrument [Line Items]    
Face Amount 16,916us-gaap_DebtInstrumentFaceAmount
/ ccg_ConstructionLoansAxis
= ccg_GroveAtGrandForksMember
 
Principal Outstanding 12,474us-gaap_DebtInstrumentCarryingAmount
/ ccg_ConstructionLoansAxis
= ccg_GroveAtGrandForksMember
0us-gaap_DebtInstrumentCarryingAmount
/ ccg_ConstructionLoansAxis
= ccg_GroveAtGrandForksMember
Stated Interest Rate LIBOR + 200 BPS  
Interest Rate 2.17%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ ccg_ConstructionLoansAxis
= ccg_GroveAtGrandForksMember
 
Maturity Date Feb. 05, 2017 [1]  
Mortgage Notes Payable Amortization Terms Interest only  
The Grove At Gainesville [Member]    
Debt Instrument [Line Items]    
Face Amount 30,069us-gaap_DebtInstrumentFaceAmount
/ ccg_ConstructionLoansAxis
= ccg_GroveAtGainesvilleMember
 
Principal Outstanding 22,836us-gaap_DebtInstrumentCarryingAmount
/ ccg_ConstructionLoansAxis
= ccg_GroveAtGainesvilleMember
0us-gaap_DebtInstrumentCarryingAmount
/ ccg_ConstructionLoansAxis
= ccg_GroveAtGainesvilleMember
Stated Interest Rate LIBOR + 215 BPS  
Interest Rate 2.32%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ ccg_ConstructionLoansAxis
= ccg_GroveAtGainesvilleMember
 
Maturity Date Mar. 13, 2017 [1]  
Mortgage Notes Payable Amortization Terms Interest only  
Copper Beech At Ames [Member]    
Debt Instrument [Line Items]    
Face Amount 23,551us-gaap_DebtInstrumentFaceAmount
/ ccg_ConstructionLoansAxis
= ccg_CopperBeechAtAmesMember
 
Principal Outstanding 21,170us-gaap_DebtInstrumentCarryingAmount
/ ccg_ConstructionLoansAxis
= ccg_CopperBeechAtAmesMember
0us-gaap_DebtInstrumentCarryingAmount
/ ccg_ConstructionLoansAxis
= ccg_CopperBeechAtAmesMember
Stated Interest Rate LIBOR + 225 BPS  
Interest Rate 2.42%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ ccg_ConstructionLoansAxis
= ccg_CopperBeechAtAmesMember
 
Maturity Date Feb. 05, 2017 [1]  
Mortgage Notes Payable Amortization Terms Interest only  
Toledo Vivo [Member]    
Debt Instrument [Line Items]    
Face Amount 9,404us-gaap_DebtInstrumentFaceAmount
/ ccg_ConstructionLoansAxis
= ccg_ToledoVivoMember
 
Principal Outstanding 4,357us-gaap_DebtInstrumentCarryingAmount
/ ccg_ConstructionLoansAxis
= ccg_ToledoVivoMember
0us-gaap_DebtInstrumentCarryingAmount
/ ccg_ConstructionLoansAxis
= ccg_ToledoVivoMember
Stated Interest Rate LIBOR + 215 BPS  
Interest Rate 2.32%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ ccg_ConstructionLoansAxis
= ccg_ToledoVivoMember
 
Maturity Date Nov. 25, 2017 [1]  
Mortgage Notes Payable Amortization Terms Interest only  
The Grove At Denton [Member]    
Debt Instrument [Line Items]    
Face Amount 17,167us-gaap_DebtInstrumentFaceAmount
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtDentonMember
[2]  
Principal Outstanding 16,613us-gaap_DebtInstrumentCarryingAmount
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtDentonMember
[2] 0us-gaap_DebtInstrumentCarryingAmount
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtDentonMember
[2]
Stated Interest Rate LIBOR + 215 BPS [2]  
Interest Rate 2.32%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtDentonMember
[2]  
Maturity Date Jan. 03, 2017 [1],[2]  
Mortgage Notes Payable Amortization Terms 30 years [2]  
The Grove at Milledgeville [Member]    
Debt Instrument [Line Items]    
Face Amount 16,250us-gaap_DebtInstrumentFaceAmount
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtMilledgevilleMember
[2]  
Principal Outstanding 15,640us-gaap_DebtInstrumentCarryingAmount
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtMilledgevilleMember
[2] 15,847us-gaap_DebtInstrumentCarryingAmount
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtMilledgevilleMember
[2]
Stated Interest Rate 6.12% [2]  
Interest Rate 6.12%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtMilledgevilleMember
[2]  
Maturity Date Oct. 01, 2016 [1],[2]  
Mortgage Notes Payable Amortization Terms 30 years [2]  
The Grove at Carrollton and The Grove at Las Cruces [Member]    
Debt Instrument [Line Items]    
Face Amount 29,790us-gaap_DebtInstrumentFaceAmount
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtCarrolltonAndGroveAtLasCrucesMember
[2]  
Principal Outstanding 28,674us-gaap_DebtInstrumentCarryingAmount
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtCarrolltonAndGroveAtLasCrucesMember
[2] 29,052us-gaap_DebtInstrumentCarryingAmount
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtCarrolltonAndGroveAtLasCrucesMember
[2]
Stated Interest Rate 6.13% [2]  
Interest Rate 6.13%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtCarrolltonAndGroveAtLasCrucesMember
[2]  
Maturity Date Oct. 11, 2016 [1],[2]  
Mortgage Notes Payable Amortization Terms 30 years [2]  
The Grove at Asheville [Member]    
Debt Instrument [Line Items]    
Face Amount 14,800us-gaap_DebtInstrumentFaceAmount
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtAshevilleMember
[2]  
Principal Outstanding 14,304us-gaap_DebtInstrumentCarryingAmount
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtAshevilleMember
[2] 14,500us-gaap_DebtInstrumentCarryingAmount
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtAshevilleMember
[2]
Stated Interest Rate 5.77% [2]  
Interest Rate 5.77%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtAshevilleMember
[2]  
Maturity Date Apr. 11, 2017 [1],[2]  
Mortgage Notes Payable Amortization Terms 30 years [2]  
The Grove at Ellensburg [Member]    
Debt Instrument [Line Items]    
Face Amount 16,125us-gaap_DebtInstrumentFaceAmount
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtEllensburgMember
[3]  
Principal Outstanding 15,845us-gaap_DebtInstrumentCarryingAmount
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtEllensburgMember
[3] 16,070us-gaap_DebtInstrumentCarryingAmount
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtEllensburgMember
[3]
Stated Interest Rate 5.10% [3]  
Interest Rate 5.10%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtEllensburgMember
[3]  
Maturity Date Sep. 01, 2018 [1],[3]  
Mortgage Notes Payable Amortization Terms 30 years [3]  
The Grove at Nacogdoches [Member]    
Debt Instrument [Line Items]    
Face Amount 17,160us-gaap_DebtInstrumentFaceAmount
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtNacogdochesMember
[3]  
Principal Outstanding 16,857us-gaap_DebtInstrumentCarryingAmount
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtNacogdochesMember
[3] 17,100us-gaap_DebtInstrumentCarryingAmount
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtNacogdochesMember
[3]
Stated Interest Rate 5.01% [3]  
Interest Rate 5.01%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtNacogdochesMember
[3]  
Maturity Date Sep. 01, 2018 [1],[3]  
Mortgage Notes Payable Amortization Terms 30 years [3]  
The Grove at Greeley [Member]    
Debt Instrument [Line Items]    
Face Amount 15,233us-gaap_DebtInstrumentFaceAmount
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtGreeleyMember
[3]  
Principal Outstanding 14,945us-gaap_DebtInstrumentCarryingAmount
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtGreeleyMember
[3] 15,194us-gaap_DebtInstrumentCarryingAmount
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtGreeleyMember
[3]
Stated Interest Rate 4.29% [3]  
Interest Rate 4.29%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtGreeleyMember
[3]  
Maturity Date Oct. 01, 2018 [1],[3]  
Mortgage Notes Payable Amortization Terms 30 years [3]  
The Grove at Clarksville [Member]    
Debt Instrument [Line Items]    
Face Amount 16,350us-gaap_DebtInstrumentFaceAmount
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtClarksvilleMember
[4]  
Principal Outstanding 16,238us-gaap_DebtInstrumentCarryingAmount
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtClarksvilleMember
[4] 16,350us-gaap_DebtInstrumentCarryingAmount
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtClarksvilleMember
[4]
Stated Interest Rate 4.03% [4]  
Interest Rate 4.03%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtClarksvilleMember
[4]  
Maturity Date Jul. 01, 2022 [1],[4]  
Mortgage Notes Payable Amortization Terms 30 years [4]  
The Grove at Columbia [Member]    
Debt Instrument [Line Items]    
Face Amount 23,775us-gaap_DebtInstrumentFaceAmount
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtColumbiaMember
[2]  
Principal Outstanding 22,738us-gaap_DebtInstrumentCarryingAmount
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtColumbiaMember
[2] 23,180us-gaap_DebtInstrumentCarryingAmount
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtColumbiaMember
[2]
Stated Interest Rate 3.83% [2]  
Interest Rate 3.83%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtColumbiaMember
[2]  
Maturity Date Jul. 01, 2022 [1],[2]  
Mortgage Notes Payable Amortization Terms 30 years [2]  
The Grove at Statesboro [Member]    
Debt Instrument [Line Items]    
Face Amount 18,100us-gaap_DebtInstrumentFaceAmount
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtStateboroMember
[5]  
Principal Outstanding $ 18,100us-gaap_DebtInstrumentCarryingAmount
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtStateboroMember
[5] $ 18,100us-gaap_DebtInstrumentCarryingAmount
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtStateboroMember
[5]
Stated Interest Rate 4.01% [5]  
Interest Rate 4.01%us-gaap_DebtInstrumentInterestRateStatedPercentage
/ ccg_MortgagaeLoansAxis
= ccg_GroveAtStateboroMember
[5]  
Maturity Date Jan. 01, 2023 [1],[5]  
Mortgage Notes Payable Amortization Terms 30 years [5]  
[1] For the construction loans, the maturity date is the stated maturity date in the respective loan agreements, which can be extended for an additional one to two years, subject to the satisfaction of certain conditions, depending on the loan.
[2] Loan requires monthly payments of principal and interest, plus certain reserve and escrows, until maturity when all principal is due.
[3] Loan requires interest only payments plus certain reserves and escrows, payable monthly through September 2013. Thereafter, principal and interest, plus certain reserves and escrows, are payable monthly until maturity.
[4] Loan requires interest only payments plus certain reserves and escrows, payable monthly through August 2014. Thereafter, principal and interest, plus certain reserves and escrows, are payable monthly until maturity.
[5] Loan requires interest only payments plus certain reserves and escrows, payable monthly through January 2015. Thereafter, principal and interest, plus certain reserves and escrows, are payable monthly until maturity.