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CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
Total
Capital in Excess of Par Value
Accumulated Distributions in Excess of Earnings
Class A Common Stock
Class A Common Stock
Common Stock
Class T Common Stock
Class T Common Stock
Common Stock
Balance (in shares) at Dec. 31, 2016         334,618   5,225
Balance at Dec. 31, 2016 $ 1,629,907 $ 3,068,672 $ (1,442,163)   $ 3,346   $ 52
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance of common stock (in shares)         1,102,237   626,121
Issuance of common stock 16,857,284 16,840,000     $ 11,023   $ 6,261
Distributions declared on common stock (711,621)   (711,621)        
Commissions on stock sales and related dealer manager fees (1,129,983) (1,129,983)          
Other offering costs (169,994) (169,994)          
Distribution and stockholder servicing fees $ (237,105) (237,105)          
Redemptions of common stock (in shares) 0            
Changes in redeemable common stock $ (87,337) (87,337)          
Net loss (1,121,995)   (1,121,995) $ (894,373)   $ (227,622)  
Balance (in share) at Dec. 31, 2017         1,436,855   631,346
Balance at Dec. 31, 2017 15,029,156 18,284,253 (3,275,779)   $ 14,369   $ 6,313
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance of common stock (in shares)         984,096   115,970
Issuance of common stock 10,757,207 10,746,207     $ 9,840   $ 1,160
Equity-based compensation (in shares)         9,066    
Equity-based compensation 20,625 20,602     $ 23    
Distributions declared on common stock (1,537,187)   (1,537,187)        
Commissions on stock sales and related dealer manager fees (747,395) (747,395)          
Other offering costs (109,044) (109,044)          
Distribution and stockholder servicing fees $ (35,533) (35,533)          
Redemptions of common stock (in shares) (5,300)       (5,335)    
Redemptions of common stock $ (48,015) (47,962)     $ (53)    
Changes in redeemable common stock (94,821) (94,821)          
Net loss (771,712)   (771,712) $ (523,089)   $ (248,623)  
Balance (in share) at Dec. 31, 2018       2,424,682 2,424,682 747,316 747,316
Balance at Dec. 31, 2018 22,463,281 28,016,307 (5,584,678)   $ 24,179   $ 7,473
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance of common stock (in shares)         86,168   24,638
Issuance of common stock 1,008,063 1,006,955     $ 861   $ 247
Equity-based compensation (in shares)         9,593    
Equity-based compensation 82,500 82,408     $ 92    
Distributions declared on common stock (1,631,249)   (1,631,249)        
Commissions on stock sales and related dealer manager fees (30,501) (30,501)          
Other offering costs (6,571) (6,571)          
Distribution and stockholder servicing fees $ 15,884 15,884          
Redemptions of common stock (in shares) (65,000)       (15,814)   (49,081)
Redemptions of common stock $ (560,257) (559,608)     $ (158)   $ (491)
Changes in redeemable common stock 182,158 182,158          
Net loss (487,682)   (487,682) $ (331,200)   $ (156,482)  
Balance (in share) at Dec. 31, 2019       2,504,629 2,504,629 722,873 722,873
Balance at Dec. 31, 2019 $ 21,035,626 $ 28,707,032 $ (7,703,609)   $ 24,974   $ 7,229