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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
Total
Class A
Class T
Class I
Total Company’s Stockholders’ Equity
Common Stock
Class A
Common Stock
Class T
Common Stock
Class I
Additional Paid-in Capital
Retained Earnings (Accumulated Deficit)
Non-controlling Interests
Beginning Balance (shares) at Dec. 31, 2014           22,223 0 0      
Beginning Balance at Dec. 31, 2014 $ 201,007       $ 200,007 $ 222 $ 0 $ 0 $ 199,785 $ 0 $ 1,000
Increase (Decrease) in Stockholder's Equity                      
Net proceeds from issuance of common stock (shares)   220,000   0   219,780          
Net proceeds from issuance of common stock 1,981,000 $ 2,000,000   $ 0 1,981,000 $ 2,198     1,978,802    
Net income (loss) (1,000)       (999)         (999) (1)
Ending Balance (shares) at Dec. 31, 2015   242,003 0 0   242,003 0 0      
Ending Balance at Dec. 31, 2015 2,181,007       2,180,008 $ 2,420 $ 0 $ 0 2,178,587 (999) 999
Increase (Decrease) in Stockholder's Equity                      
Net proceeds from issuance of common stock (shares)   501,000 296,000 74,000   500,903 296,308 73,524      
Net proceeds from issuance of common stock 7,697,289 $ 5,007,000 $ 2,831,000 $ 669,000 7,697,289 $ 5,009 $ 2,963 $ 735 7,688,582    
Issuance and amortization of equity-based compensation (shares)           22,500          
Issuance and amortization of equity based-based compensation 66,354       66,354 $ 225     66,129    
Stock distributions declared (in shares)           0 0 0      
Stock distributions declared 0       0 $ 0 $ 0 $ 0 568 (568)  
Dividends declared (23,927)       (23,927)         (23,927)  
Proceeds from distribution reinvestment plan (shares)           317 6        
Proceeds from distribution reinvestment plan 3,164       3,164 $ 3     3,161    
Net income (loss) 487,749       487,802         487,802 (53)
Ending Balance (shares) at Dec. 31, 2016   765,723 296,314 73,524   765,723 296,314 73,524      
Ending Balance at Dec. 31, 2016 $ 10,411,636       $ 10,410,690 $ 7,657 $ 2,963 $ 735 $ 9,937,027 $ 462,308 $ 946