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Initial Public Offering and Formation Transactions - Additional Information (Detail) (Subsequent Event, USD $)
In Millions, except Share data, unless otherwise specified
1 Months Ended 1 Months Ended
May 13, 2013
Parcels
Property
Jun. 20, 2013
Operating Partnership
May 13, 2013
Operating Partnership
Parcels
Property
May 13, 2013
Operating Partnership
Minimum
May 13, 2013
Operating Partnership
Maximum
May 13, 2013
Operating Partnership
Consolidated Properties
Property
May 13, 2013
Operating Partnership
Development Properties
Property
May 13, 2013
IPO
May 22, 2013
Underwriters Exercise of Overallotment Option
Operations And Organization [Line Items]                  
Common stock, shares issued               16,525,000 2,478,750
Common stock, purchase price               $ 11.50 $ 11.50
Proceeds from Initial Public Offering $ 199.2                
Interest acquired     100.00%            
Number of properties           24 6    
Options to acquire developeable lands, number of parcels of developable land to be acquired 9   9            
Number Of Units to be purchased under purchase agreement 197   197            
Senior secured revolving credit facility, maximum borrowing capacity     100.0            
Senior secured revolving credit facility, maximum borrowing capacity with option     250.0            
Revolving credit facility, term     3 years            
Revolving credit facility, initial maturity date     May 13, 2016            
Revolving credit facility, potential extended maturity date     May 12, 2017            
Revolving credit facility, borrowed amount     40.0            
Revolving credit facility, repayment of debt   $ 15.0              
Revolving credit facility, interest rate description       LIBOR plus 1.60% LIBOR plus 2.20%        
Revolving credit facility, percentage added to LIBOR       1.60% 2.20%