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Debt (Details 1) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2015
Dec. 31, 2014
Debt Instrument [Line Items]    
Carrying Value $ 600,750 $ 300,673
The Grove at Muncie [Member]    
Debt Instrument [Line Items]    
Face Amount 14,567  
Carrying Value $ 13,892 13,892
Stated Interest Rate LIBOR + 225 BPS  
Interest Rate 2.43%  
Maturity Date [1] Jul. 03, 2016  
Mortgage Notes Payable Amortization Terms Interest only  
The Grove at Slippery Rock [Member]    
Debt Instrument [Line Items]    
Face Amount $ 17,961  
Carrying Value $ 17,738 16,031
Stated Interest Rate LIBOR + 215 BPS  
Interest Rate 2.33%  
Maturity Date [1] Jun. 21, 2016  
Mortgage Notes Payable Amortization Terms Interest only  
The Grove at Fort Collins [Member]    
Debt Instrument [Line Items]    
Face Amount $ 19,073  
Carrying Value $ 19,073 19,073
Stated Interest Rate LIBOR + 190 BPS  
Interest Rate 2.08%  
Maturity Date [1] Jul. 13, 2016  
Mortgage Notes Payable Amortization Terms Interest only  
The Grove at Pullman [Member]    
Debt Instrument [Line Items]    
Face Amount $ 16,016  
Carrying Value $ 10,886 10,886
Stated Interest Rate LIBOR + 220 BPS  
Interest Rate 2.38%  
Maturity Date [1] Sep. 05, 2016  
Mortgage Notes Payable Amortization Terms Interest only  
The Grove at Grand Forks [Member]    
Debt Instrument [Line Items]    
Face Amount $ 16,916  
Carrying Value $ 15,414 12,474
Stated Interest Rate LIBOR + 200 BPS  
Interest Rate 2.18%  
Maturity Date [1] Feb. 05, 2016  
Mortgage Notes Payable Amortization Terms Interest only  
The Grove At Gainesville [Member]    
Debt Instrument [Line Items]    
Face Amount $ 30,069  
Carrying Value $ 25,616 22,836
Stated Interest Rate LIBOR + 215 BPS  
Interest Rate 2.33%  
Maturity Date [1] Mar. 13, 2017  
Mortgage Notes Payable Amortization Terms Interest only  
Copper Beech At Ames [Member]    
Debt Instrument [Line Items]    
Face Amount $ 23,551  
Carrying Value $ 22,051 21,170
Stated Interest Rate LIBOR + 225 BPS  
Interest Rate 2.43%  
Maturity Date [1] May 02, 2017  
Mortgage Notes Payable Amortization Terms Interest only  
Toledo Vivo [Member]    
Debt Instrument [Line Items]    
Face Amount $ 9,404  
Carrying Value $ 4,377 4,357
Stated Interest Rate LIBOR + 215 BPS  
Interest Rate 2.33%  
Maturity Date [1] Nov. 25, 2017  
Mortgage Notes Payable Amortization Terms Interest only  
CMU Phase II Mount Pleasant MI [Member]    
Debt Instrument [Line Items]    
Face Amount $ 10,130  
Carrying Value $ 9,101 0 [2]
Stated Interest Rate LIBOR + 250 BPS  
Interest Rate 2.68%  
Maturity Date [1] Feb. 01, 2017  
Mortgage Notes Payable Amortization Terms [3] 30 years  
Statesboro GA Phase II [Member]    
Debt Instrument [Line Items]    
Face Amount $ 9,703  
Carrying Value $ 9,255 0 [2]
Stated Interest Rate LIBOR + 250 BPS  
Interest Rate 2.68%  
Maturity Date [1] Nov. 01, 2016  
Mortgage Notes Payable Amortization Terms [3] 30 years  
Auburn AL [Member]    
Debt Instrument [Line Items]    
Face Amount $ 15,750  
Carrying Value $ 15,750 0 [2]
Stated Interest Rate LIBOR + 200 BPS  
Interest Rate 2.18%  
Maturity Date [1] Feb. 06, 2017  
Mortgage Notes Payable Amortization Terms Interest only  
The Grove At Denton [Member]    
Debt Instrument [Line Items]    
Face Amount $ 17,167  
Carrying Value $ 16,484 16,613
Stated Interest Rate LIBOR + 215 BPS  
Interest Rate 2.33%  
Maturity Date [1] Mar. 01, 2017  
Mortgage Notes Payable Amortization Terms [4] 30 years  
The Grove at Milledgeville [Member]    
Debt Instrument [Line Items]    
Face Amount $ 16,250  
Carrying Value $ 15,531 15,640
Stated Interest Rate 6.12%  
Interest Rate 6.12%  
Maturity Date [1] Oct. 01, 2016  
Mortgage Notes Payable Amortization Terms [4] 30 years  
The Grove at Carrollton and The Grove at Las Cruces [Member]    
Debt Instrument [Line Items]    
Face Amount $ 29,790  
Carrying Value $ 28,472 28,674
Stated Interest Rate 6.13%  
Interest Rate 6.13%  
Maturity Date [1] Oct. 11, 2016  
Mortgage Notes Payable Amortization Terms [4] 30 years  
The Grove at Asheville [Member]    
Debt Instrument [Line Items]    
Face Amount $ 14,800  
Carrying Value $ 14,201 14,304
Stated Interest Rate 5.77%  
Interest Rate 5.77%  
Maturity Date [1] Apr. 11, 2017  
Mortgage Notes Payable Amortization Terms [4] 30 years  
The Grove at Ellensburg [Member]    
Debt Instrument [Line Items]    
Face Amount $ 16,125  
Carrying Value $ 15,727 15,845
Stated Interest Rate 5.10%  
Interest Rate 5.10%  
Maturity Date [1] Sep. 01, 2018  
Mortgage Notes Payable Amortization Terms [4] 30 years  
The Grove at Nacogdoches [Member]    
Debt Instrument [Line Items]    
Face Amount $ 17,160  
Carrying Value $ 16,729 16,857
Stated Interest Rate 5.01%  
Interest Rate 5.01%  
Maturity Date [1] Sep. 01, 2018  
Mortgage Notes Payable Amortization Terms [4] 30 years  
The Grove at Greeley [Member]    
Debt Instrument [Line Items]    
Face Amount $ 15,233  
Carrying Value $ 14,817 14,945
Stated Interest Rate 4.29%  
Interest Rate 4.29%  
Maturity Date [1] Oct. 01, 2018  
Mortgage Notes Payable Amortization Terms [4] 30 years  
The Grove at Clarksville [Member]    
Debt Instrument [Line Items]    
Face Amount $ 16,350  
Carrying Value $ 16,097 16,238
Stated Interest Rate 4.03%  
Interest Rate 4.03%  
Maturity Date [1] Jul. 01, 2022  
Mortgage Notes Payable Amortization Terms [4] 30 years  
The Grove at Columbia [Member]    
Debt Instrument [Line Items]    
Face Amount $ 23,775  
Carrying Value $ 22,509 22,738
Stated Interest Rate 3.83%  
Interest Rate 3.83%  
Maturity Date [1] Jul. 01, 2020  
Mortgage Notes Payable Amortization Terms [4] 30 years  
The Grove at Statesboro [Member]    
Debt Instrument [Line Items]    
Face Amount $ 18,100  
Carrying Value $ 17,971 18,100
Stated Interest Rate 4.01%  
Interest Rate 4.01%  
Maturity Date [1] Jan. 01, 2023  
Mortgage Notes Payable Amortization Terms [4] 30 years  
Copper Beech I State College [Member]    
Debt Instrument [Line Items]    
Face Amount $ 5,250  
Carrying Value $ 5,062 0 [2]
Stated Interest Rate 5.61%  
Interest Rate 5.61%  
Maturity Date [1] Feb. 11, 2016  
Mortgage Notes Payable Amortization Terms [4] 30 years  
Copper Beech II State College [Member]    
Debt Instrument [Line Items]    
Face Amount $ 8,805  
Carrying Value $ 9,355 0 [2]
Stated Interest Rate 5.97%  
Interest Rate 5.97%  
Maturity Date [1] Aug. 01, 2019  
Mortgage Notes Payable Amortization Terms [4] 30 years  
Oakwood State College [Member]    
Debt Instrument [Line Items]    
Face Amount $ 5,750  
Carrying Value $ 6,070 0 [2]
Stated Interest Rate 4.99%  
Interest Rate 4.99%  
Maturity Date [1] Oct. 01, 2020  
Mortgage Notes Payable Amortization Terms [4] 30 years  
IUP Phase I Indiana [Member]    
Debt Instrument [Line Items]    
Face Amount $ 6,500  
Carrying Value $ 6,500 0 [2]
Stated Interest Rate 2.15%  
Interest Rate 2.15%  
Maturity Date [1] Jun. 02, 2017  
Mortgage Notes Payable Amortization Terms Interest only  
IUP Phase II Indiana [Member]    
Debt Instrument [Line Items]    
Face Amount $ 6,250  
Carrying Value $ 5,937 0 [2]
Stated Interest Rate 5.90%  
Interest Rate 5.90%  
Maturity Date [1] Oct. 01, 2015  
Mortgage Notes Payable Amortization Terms [4] 30 years  
Radford [Member]    
Debt Instrument [Line Items]    
Face Amount $ 12,400  
Carrying Value $ 12,464 0 [2]
Stated Interest Rate 5.99%  
Interest Rate 5.99%  
Maturity Date [1] Nov. 06, 2016  
Mortgage Notes Payable Amortization Terms [4] 30 years  
Bloomington [Member]    
Debt Instrument [Line Items]    
Face Amount $ 10,860  
Carrying Value $ 8,466 0 [2]
Stated Interest Rate 6.22%  
Interest Rate 6.22%  
Maturity Date [1] Oct. 01, 2016  
Mortgage Notes Payable Amortization Terms [4] 30 years  
CMU Phase I Mount Pleasant MI [Member]    
Debt Instrument [Line Items]    
Face Amount $ 20,000  
Carrying Value $ 18,183 0 [2]
Stated Interest Rate 5.47%  
Interest Rate 5.47%  
Maturity Date [1] Oct. 01, 2015  
Mortgage Notes Payable Amortization Terms [4] 30 years  
Bowling Green Phase I [Member]    
Debt Instrument [Line Items]    
Face Amount $ 13,000  
Carrying Value $ 12,227 0 [2]
Stated Interest Rate 5.63%  
Interest Rate 5.63%  
Maturity Date [1] Oct. 01, 2015  
Mortgage Notes Payable Amortization Terms [4] 30 years  
Allendale Phase I [Member]    
Debt Instrument [Line Items]    
Face Amount $ 23,780  
Carrying Value $ 23,803 0 [2]
Stated Interest Rate 5.98%  
Interest Rate 5.98%  
Maturity Date [1] Oct. 01, 2016  
Mortgage Notes Payable Amortization Terms [4] 30 years  
Allendale Phase II [Member]    
Debt Instrument [Line Items]    
Face Amount $ 11,896  
Carrying Value $ 12,473 0 [2]
Stated Interest Rate 6.27%  
Interest Rate 6.27%  
Maturity Date [1] Sep. 06, 2017  
Mortgage Notes Payable Amortization Terms [4] 30 years  
Columbia MO [Member]    
Debt Instrument [Line Items]    
Face Amount $ 24,516  
Carrying Value $ 24,669 0 [2]
Stated Interest Rate 6.22%  
Interest Rate 6.22%  
Maturity Date [1] Oct. 01, 2016  
Mortgage Notes Payable Amortization Terms [4] 30 years  
Statesboro GA Phase I [Member]    
Debt Instrument [Line Items]    
Face Amount $ 31,000  
Carrying Value $ 32,102 0 [2]
Stated Interest Rate 5.81%  
Interest Rate 5.81%  
Maturity Date [1] Oct. 06, 2017  
Mortgage Notes Payable Amortization Terms [4] 30 years  
Columbia SC Phase I [Member]    
Debt Instrument [Line Items]    
Face Amount $ 36,936  
Carrying Value $ 38,545 0 [2]
Stated Interest Rate 6.27%  
Interest Rate 6.27%  
Maturity Date [1] Sep. 06, 2017  
Mortgage Notes Payable Amortization Terms [4] 30 years  
Columbia SC Phase II [Member]    
Debt Instrument [Line Items]    
Face Amount $ 6,300  
Carrying Value $ 6,557 0 [2]
Stated Interest Rate 5.41%  
Interest Rate 5.41%  
Maturity Date [1] Aug. 01, 2020  
Mortgage Notes Payable Amortization Terms [4] 30 years  
IUP Buy - Indiana [Member]    
Debt Instrument [Line Items]    
Face Amount $ 2,453  
Carrying Value $ 2,414 0 [2]
Stated Interest Rate 5.45%  
Interest Rate 5.45%  
Maturity Date [1] Jun. 06, 2016  
Mortgage Notes Payable Amortization Terms [4] 30 years  
San Marcos, TX Phase I [Member]    
Debt Instrument [Line Items]    
Face Amount $ 34,786  
Carrying Value $ 34,232 $ 0 [2]
Stated Interest Rate 5.45%  
Interest Rate 5.45%  
Maturity Date [1] Jun. 06, 2016  
Mortgage Notes Payable Amortization Terms [4] 30 years  
[1] For the construction loans, the maturity date is the stated maturity date in the respective loan agreements, some of which can be extended for an additional one to two years, subject to the satisfaction of certain conditions, depending on the loan. For the loans that will mature during 2015, the Company is actively pursuing an extension or refinancing of those loans.
[2] As stated in Note 6, on January 30, 2015, the Company and certain of its affiliates completed the acquisition of substantially all of the Sellers’ remaining interests in 28 of the Copper Beech properties. Accordingly, these balances were not recognized by the Company as of December 31, 2014. As part of recording the mortgage loans from the First CB Closing at fair value, the outstanding amount, after giving effect for each loan’s respective provisional fair value adjustment, could result in an outstanding balance greater than the face amount of the mortgage loan. These fair value adjustments are amortized to interest expense over the term of the respective mortgage loans. As of April 30, 2015 (the "Second CB Closing"), the Company completed the acquisition of the Sellers’ interests in two of the properties in the Copper Beech Portfolio in which the Company previously held a 48% interest – Copper Beech San Marcos Phase 1 and Copper Beech IUP Buy (See Note 6).
[3] Loan required interest only payments until the loan was extended in March of 2015. Thereafter, principal and interest, plus certain reserves, are payable monthly until maturity.
[4] Loan requires monthly payments of principal and interest, plus certain reserve and escrows, until maturity when all principal is due.