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Mortgage Notes Payable, Net - Summary of Mortgage Notes Payable (Details) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Dec. 31, 2019
Debt Instrument [Line Items]    
Outstanding borrowings $ 546,016  
Deferred Finance Costs, net (3,608)  
Carrying Value 542,525 $ 547,875
Mortgage notes payable    
Debt Instrument [Line Items]    
Outstanding borrowings 546,016 552,074
Premium, net 117 200
Deferred Finance Costs, net (3,608) (4,399)
Carrying Value 542,525 547,875
Mortgage notes payable | Uptown Buckhead    
Debt Instrument [Line Items]    
Outstanding borrowings 18,973 19,264
Deferred Finance Costs, net (153) (178)
Carrying Value $ 18,820 19,086
Maturity Date [1],[2],[3] Jul. 01, 2025  
Annual Interest Rate [1],[2],[3] 2.37%  
Average Monthly Debt Service [1],[2],[3] $ 70  
Average Monthly Escrow [1],[2],[3] $ 52  
Mortgage notes payable | Uptown Buckhead | LIBOR    
Debt Instrument [Line Items]    
Margin over LIBOR [1],[2],[3] 2.22%  
Mortgage notes payable | Crosstown at Chapel Hill    
Debt Instrument [Line Items]    
Outstanding borrowings $ 42,650 42,650
Deferred Finance Costs, net (279) (325)
Carrying Value $ 42,371 42,325
Maturity Date [2],[3],[4] Jul. 01, 2025  
Annual Interest Rate [2],[3],[4] 1.92%  
Average Monthly Debt Service [2],[3],[4] $ 84  
Average Monthly Escrow [2],[3],[4] $ 75  
Mortgage notes payable | Crosstown at Chapel Hill | LIBOR    
Debt Instrument [Line Items]    
Margin over LIBOR [2],[3],[4] 1.77%  
Mortgage notes payable | The Brookwood - Key Bank    
Debt Instrument [Line Items]    
Outstanding borrowings $ 16,743 17,063
Premium, net 109 186
Deferred Finance Costs, net (51) (88)
Carrying Value $ 16,801 17,161
Maturity Date [5],[6] Nov. 01, 2021  
Annual Interest Rate [5],[6] 4.73%  
Average Monthly Debt Service [5],[6] $ 104  
Average Monthly Escrow [5],[6] 65  
Mortgage notes payable | The Brookwood - Capital One    
Debt Instrument [Line Items]    
Outstanding borrowings 2,530 2,566
Premium, net 8 14
Deferred Finance Costs, net (9) (15)
Carrying Value $ 2,529 2,565
Maturity Date [5],[6] Nov. 01, 2021  
Annual Interest Rate [5],[6] 5.40%  
Average Monthly Debt Service [5],[6] $ 16  
Mortgage notes payable | Adair off Addison and Adair off Addison Apartment Homes    
Debt Instrument [Line Items]    
Outstanding borrowings 33,210 33,210
Deferred Finance Costs, net (333) (380)
Carrying Value $ 32,877 32,830
Maturity Date [2],[3],[4] May 01, 2026  
Annual Interest Rate [2],[3],[4] 1.79%  
Average Monthly Debt Service [2],[3],[4] $ 73  
Average Monthly Escrow [2],[3],[4] $ 74  
Mortgage notes payable | Adair off Addison and Adair off Addison Apartment Homes | LIBOR    
Debt Instrument [Line Items]    
Margin over LIBOR [2],[3],[4] 1.64%  
Mortgage notes payable | 1000 Spalding Crossing    
Debt Instrument [Line Items]    
Outstanding borrowings $ 23,381 23,737
Deferred Finance Costs, net (70) (113)
Carrying Value $ 23,311 23,624
Maturity Date [5],[6] Jan. 01, 2022  
Annual Interest Rate [5],[6] 3.88%  
Average Monthly Debt Service [5],[6] $ 116  
Average Monthly Escrow [5],[6] 51  
Mortgage notes payable | Ravina Apartment Homes    
Debt Instrument [Line Items]    
Outstanding borrowings 25,694 26,241
Deferred Finance Costs, net (111) (165)
Carrying Value $ 25,583 26,076
Maturity Date [5],[6] May 01, 2022  
Annual Interest Rate [5],[6] 3.76%  
Average Monthly Debt Service [5],[6] $ 144  
Average Monthly Escrow [5],[6] 151  
Mortgage notes payable | Verdant Apartment Homes    
Debt Instrument [Line Items]    
Outstanding borrowings 36,402 36,913
Deferred Finance Costs, net (137) (178)
Carrying Value $ 36,265 36,735
Maturity Date [5],[6] May 01, 2023  
Annual Interest Rate [5],[6] 3.89%  
Average Monthly Debt Service [5],[6] $ 176  
Average Monthly Escrow [5],[6] 35  
Mortgage notes payable | Arcadia Apartment Homes    
Debt Instrument [Line Items]    
Outstanding borrowings 39,232 39,782
Deferred Finance Costs, net (150) (195)
Carrying Value $ 39,082 39,587
Maturity Date [5],[6] May 01, 2023  
Annual Interest Rate [5],[6] 3.89%  
Average Monthly Debt Service [5],[6] $ 189  
Average Monthly Escrow [5],[6] 38  
Mortgage notes payable | Grand Reserve    
Debt Instrument [Line Items]    
Outstanding borrowings 47,845 47,845
Deferred Finance Costs, net (489) (539)
Carrying Value $ 47,356 47,306
Maturity Date [2],[3],[4] May 01, 2028  
Annual Interest Rate [2],[3],[4] 1.87%  
Average Monthly Debt Service [2],[3],[4] $ 76  
Average Monthly Escrow [2],[3],[4] $ 90  
Mortgage notes payable | Grand Reserve | LIBOR    
Debt Instrument [Line Items]    
Margin over LIBOR [2],[3],[4] 1.72%  
Mortgage notes payable | Montclair Terrace    
Debt Instrument [Line Items]    
Outstanding borrowings $ 19,612 19,958
Deferred Finance Costs, net (141) (182)
Carrying Value $ 19,471 19,776
Maturity Date [2],[3],[5] Jun. 01, 2023  
Annual Interest Rate [2],[3],[5] 2.60%  
Average Monthly Debt Service [2],[3],[5] $ 80  
Average Monthly Escrow [2],[3],[5] $ 27  
Mortgage notes payable | Montclair Terrace | LIBOR    
Debt Instrument [Line Items]    
Margin over LIBOR [2],[3],[5] 2.45%  
Mortgage notes payable | 81 Fifty at West Hills Apartment Homes    
Debt Instrument [Line Items]    
Outstanding borrowings $ 51,022 51,833
Deferred Finance Costs, net (287) (368)
Carrying Value $ 50,735 51,465
Maturity Date [2],[3],[5] Jul. 01, 2023  
Annual Interest Rate [2],[3],[5] 2.51%  
Average Monthly Debt Service [2],[3],[5] $ 205  
Average Monthly Escrow [2],[3],[5] $ 58  
Mortgage notes payable | 81 Fifty at West Hills Apartment Homes | LIBOR    
Debt Instrument [Line Items]    
Margin over LIBOR [2],[3],[5] 2.36%  
Mortgage notes payable | The Palmer at Las Colinas    
Debt Instrument [Line Items]    
Outstanding borrowings $ 45,700 45,700
Deferred Finance Costs, net (387) (437)
Carrying Value $ 45,313 45,263
Maturity Date [2],[3],[4] Sep. 01, 2026  
Annual Interest Rate [2],[3],[4] 2.26%  
Average Monthly Debt Service [2],[3],[4] $ 85  
Average Monthly Escrow [2],[3],[4] $ 156  
Mortgage notes payable | The Palmer at Las Colinas | LIBOR    
Debt Instrument [Line Items]    
Margin over LIBOR [2],[3],[4] 2.11%  
Mortgage notes payable | Windbrooke Crossing    
Debt Instrument [Line Items]    
Outstanding borrowings $ 36,657 37,222
Deferred Finance Costs, net (220) (272)
Carrying Value $ 36,437 36,950
Maturity Date [2],[3],[5] Jan. 01, 2024  
Annual Interest Rate [2],[3],[5] 2.84%  
Average Monthly Debt Service [2],[3],[5] $ 154  
Average Monthly Escrow [2],[3],[5] $ 65  
Mortgage notes payable | Windbrooke Crossing | LIBOR    
Debt Instrument [Line Items]    
Margin over LIBOR [2],[3],[5] 2.69%  
Mortgage notes payable | Woods of Burnsville    
Debt Instrument [Line Items]    
Outstanding borrowings $ 37,148 37,744
Deferred Finance Costs, net (287) (355)
Carrying Value $ 36,861 37,389
Maturity Date [2],[3],[5] Feb. 01, 2024  
Annual Interest Rate [2],[3],[5] 2.28%  
Average Monthly Debt Service [2],[3],[5] $ 145  
Average Monthly Escrow [2],[3],[5] $ 173  
Mortgage notes payable | Woods of Burnsville | LIBOR    
Debt Instrument [Line Items]    
Margin over LIBOR [2],[3],[5] 2.13%  
Mortgage notes payable | Indigo Creek    
Debt Instrument [Line Items]    
Outstanding borrowings $ 39,750 40,402
Deferred Finance Costs, net (262) (320)
Carrying Value $ 39,488 40,082
Maturity Date [2],[3],[5] May 01, 2024  
Annual Interest Rate [2],[3],[5] 2.08%  
Average Monthly Debt Service [2],[3],[5] $ 127  
Average Monthly Escrow [2],[3],[5] $ 74  
Mortgage notes payable | Indigo Creek | LIBOR    
Debt Instrument [Line Items]    
Margin over LIBOR [2],[3],[5] 1.93%  
Mortgage notes payable | Martin's Point    
Debt Instrument [Line Items]    
Outstanding borrowings $ 29,467 29,944
Deferred Finance Costs, net (242) (289)
Carrying Value $ 29,225 $ 29,655
Maturity Date [2],[3],[4] Nov. 01, 2024  
Annual Interest Rate [2],[3],[4] 2.01%  
Average Monthly Debt Service [2],[3],[4] $ 111  
Average Monthly Escrow [2],[3],[4] $ 76  
Mortgage notes payable | Martin's Point | LIBOR    
Debt Instrument [Line Items]    
Margin over LIBOR [2],[3],[4] 1.86%  
[1] Monthly fixed principal plus interest payment required
[2] Variable rate based on one-month LIBOR of 0.1483% (as of September 30, 2020) plus a fixed margin
[3] Variable rate hedged with interest rate cap cash flow hedge
[4] Monthly interest-only payment currently required
[5] Fixed monthly payment of principal and interest payment required
[6] Fixed rate