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Real Estate Investments - Summary of Major Components of Investments in Multifamily Properties (Details) - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Real Estate Properties [Line Items]    
Land $ 231,170 $ 202,347
Buildings and improvements 1,038,797 935,604
Intangible lease assets 2,438 3,049
Construction in progress 1,594 1,881
Furniture, fixtures, and equipment 66,661 61,456
Real estate investment, gross 1,340,660 1,204,337
Accumulated depreciation and amortization (146,473) (134,124)
Total Net Operating Real Estate Investments 1,194,187 1,070,213
Accumulated depreciation and amortization (897) (897)
Total Net Real Estate Investments 1,211,534 1,087,542
Multifamily Properties    
Real Estate Properties [Line Items]    
Accumulated depreciation and amortization (897) (897)
Total Net Real Estate Investments 1,211,534 1,087,542
Multifamily Properties | Intangible Lease Assets    
Real Estate Properties [Line Items]    
Total Net Real Estate Investments 1,625 1,424
Multifamily Properties | Land    
Real Estate Properties [Line Items]    
Total Net Real Estate Investments 237,290 208,467
Multifamily Properties | Buildings and Improvements    
Real Estate Properties [Line Items]    
Accumulated depreciation and amortization (736) (736)
Total Net Real Estate Investments 944,912 850,823
Multifamily Properties | Construction in Progress    
Real Estate Properties [Line Items]    
Total Net Real Estate Investments 1,594 1,881
Multifamily Properties | Furniture, Fixtures, and Equipment    
Real Estate Properties [Line Items]    
Accumulated depreciation and amortization (161) (161)
Total Net Real Estate Investments 26,113 24,947
Multifamily Properties | Held For Sale Properties    
Real Estate Properties [Line Items]    
Total Net Operating Real Estate Investments 17,347 17,329
Multifamily Properties | Held For Sale Properties | Land    
Real Estate Properties [Line Items]    
Total Net Operating Real Estate Investments 6,120 6,120
Multifamily Properties | Held For Sale Properties | Buildings and Improvements    
Real Estate Properties [Line Items]    
Total Net Operating Real Estate Investments 10,583 10,583
Multifamily Properties | Held For Sale Properties | Furniture, Fixtures, and Equipment    
Real Estate Properties [Line Items]    
Total Net Operating Real Estate Investments 644 626
Multifamily Properties | Arbors on Forest Ridge    
Real Estate Properties [Line Items]    
Land 2,330 2,330
Buildings and improvements 11,325 11,319
Furniture, fixtures, and equipment 1,088 1,047
Real estate investment, gross 14,743 14,696
Multifamily Properties | Cutter's Point    
Real Estate Properties [Line Items]    
Land 3,330 3,330
Buildings and improvements 13,354 13,347
Furniture, fixtures, and equipment 1,400 1,320
Real estate investment, gross 18,084 17,997
Multifamily Properties | Eagle Crest    
Real Estate Properties [Line Items]    
Land 5,450 5,450
Buildings and improvements 23,039 22,969
Construction in progress 422  
Furniture, fixtures, and equipment 1,604 1,563
Real estate investment, gross 30,515 29,982
Multifamily Properties | Silverbrook    
Real Estate Properties [Line Items]    
Land 4,860 4,860
Buildings and improvements 26,834 26,485
Construction in progress   60
Furniture, fixtures, and equipment 3,321 3,230
Real estate investment, gross 35,015 34,635
Multifamily Properties | Edgewater at Sandy Springs    
Real Estate Properties [Line Items]    
Land 14,290 14,290
Buildings and improvements 44,572 44,186
Construction in progress   349
Furniture, fixtures, and equipment 5,254 5,083
Real estate investment, gross 64,116 63,908
Multifamily Properties | Beechwood Terrace    
Real Estate Properties [Line Items]    
Land 1,390 1,390
Buildings and improvements 21,319 21,123
Construction in progress   31
Furniture, fixtures, and equipment 1,789 1,670
Real estate investment, gross 24,498 24,214
Multifamily Properties | Willow Grove    
Real Estate Properties [Line Items]    
Land 3,940 3,940
Buildings and improvements 10,840 10,829
Furniture, fixtures, and equipment 1,287 1,231
Real estate investment, gross 16,067 16,000
Multifamily Properties | Woodbridge    
Real Estate Properties [Line Items]    
Land 3,650 3,650
Buildings and improvements 13,141 13,125
Furniture, fixtures, and equipment 1,607 1,536
Real estate investment, gross 18,398 18,311
Multifamily Properties | Abbington Heights    
Real Estate Properties [Line Items]    
Land 1,770 1,770
Buildings and improvements 17,173 17,140
Furniture, fixtures, and equipment 1,578 1,539
Real estate investment, gross 20,521 20,449
Multifamily Properties | The Summit at Sabal Park    
Real Estate Properties [Line Items]    
Land 5,770 5,770
Buildings and improvements 13,547 13,447
Construction in progress   43
Furniture, fixtures, and equipment 1,416 1,347
Real estate investment, gross 20,733 20,607
Multifamily Properties | Courtney Cove    
Real Estate Properties [Line Items]    
Land 5,880 5,880
Buildings and improvements 13,186 13,170
Construction in progress 65  
Furniture, fixtures, and equipment 1,315 1,268
Real estate investment, gross 20,446 20,318
Multifamily Properties | Radbourne Lake    
Real Estate Properties [Line Items]    
Land 2,440 2,440
Buildings and improvements 22,300 22,138
Construction in progress   72
Furniture, fixtures, and equipment 1,584 1,536
Real estate investment, gross 26,324 26,186
Multifamily Properties | Timber Creek    
Real Estate Properties [Line Items]    
Land 11,260 11,260
Buildings and improvements 13,766 13,582
Furniture, fixtures, and equipment 1,781 1,556
Real estate investment, gross 26,807 26,398
Multifamily Properties | Belmont at Duck Creek    
Real Estate Properties [Line Items]    
Land 1,910 1,910
Buildings and improvements 17,424 17,397
Furniture, fixtures, and equipment 1,498 1,471
Real estate investment, gross 20,832 20,778
Multifamily Properties | Sabal Palm at Lake Buena Vista    
Real Estate Properties [Line Items]    
Land 7,580 7,580
Buildings and improvements 41,422 41,336
Furniture, fixtures, and equipment 1,341 1,280
Real estate investment, gross 50,343 50,196
Multifamily Properties | Cornerstone    
Real Estate Properties [Line Items]    
Land 1,500 1,500
Buildings and improvements 30,522 30,513
Furniture, fixtures, and equipment 2,018 1,885
Real estate investment, gross 34,040 33,898
Multifamily Properties | The Preserve at Terrell Mill    
Real Estate Properties [Line Items]    
Land 10,170 10,170
Buildings and improvements 49,125 49,091
Construction in progress 6 57
Furniture, fixtures, and equipment 5,190 4,843
Real estate investment, gross 64,491 64,161
Multifamily Properties | The Ashlar    
Real Estate Properties [Line Items]    
Land 4,090 4,090
Buildings and improvements 12,852 12,845
Furniture, fixtures, and equipment 2,105 2,017
Real estate investment, gross 19,047 18,952
Multifamily Properties | Heatherstone    
Real Estate Properties [Line Items]    
Land 2,320 2,320
Buildings and improvements 8,137 8,132
Furniture, fixtures, and equipment 1,222 1,199
Real estate investment, gross 11,679 11,651
Multifamily Properties | Versailles    
Real Estate Properties [Line Items]    
Land 6,720 6,720
Buildings and improvements 21,519 21,513
Furniture, fixtures, and equipment 3,103 3,033
Real estate investment, gross 31,342 31,266
Multifamily Properties | Seasons 704 Apartments    
Real Estate Properties [Line Items]    
Land 7,480 7,480
Buildings and improvements 14,225 14,223
Furniture, fixtures, and equipment 1,323 1,288
Real estate investment, gross 23,028 22,991
Multifamily Properties | Madera Point    
Real Estate Properties [Line Items]    
Land 4,920 4,920
Buildings and improvements 17,577 17,570
Furniture, fixtures, and equipment 1,472 1,431
Real estate investment, gross 23,969 23,921
Multifamily Properties | The Pointe at the Foothills    
Real Estate Properties [Line Items]    
Land 4,840 4,840
Buildings and improvements 47,000 46,998
Furniture, fixtures, and equipment 2,154 2,078
Real estate investment, gross 53,994 53,916
Multifamily Properties | Venue at 8651    
Real Estate Properties [Line Items]    
Land 2,350 2,350
Buildings and improvements 18,106 18,084
Furniture, fixtures, and equipment 2,597 2,499
Real estate investment, gross 23,053 22,933
Multifamily Properties | Parc500    
Real Estate Properties [Line Items]    
Land 3,860 3,860
Buildings and improvements 20,780 20,692
Construction in progress   37
Furniture, fixtures, and equipment 2,680 2,600
Real estate investment, gross 27,320 27,189
Multifamily Properties | The Colonnade    
Real Estate Properties [Line Items]    
Land 8,340 8,340
Buildings and improvements 37,242 37,086
Construction in progress 653 567
Furniture, fixtures, and equipment 1,726 1,604
Real estate investment, gross 47,961 47,597
Multifamily Properties | Old Farm    
Real Estate Properties [Line Items]    
Land 11,078 11,078
Buildings and improvements 70,496 70,471
Furniture, fixtures, and equipment 1,884 1,800
Real estate investment, gross 83,458 83,349
Multifamily Properties | Stone Creek at Old Farm    
Real Estate Properties [Line Items]    
Land 3,493 3,493
Buildings and improvements 19,403 19,394
Furniture, fixtures, and equipment 487 467
Real estate investment, gross 23,383 23,354
Multifamily Properties | Hollister Place    
Real Estate Properties [Line Items]    
Land 2,782 2,782
Buildings and improvements 21,629 21,389
Construction in progress   135
Furniture, fixtures, and equipment 1,601 1,410
Real estate investment, gross 26,012 25,716
Multifamily Properties | Rockledge Apartments    
Real Estate Properties [Line Items]    
Land 17,451 17,451
Buildings and improvements 95,847 95,484
Construction in progress 29 428
Furniture, fixtures, and equipment 3,690 3,314
Real estate investment, gross 117,017 116,677
Multifamily Properties | Atera Apartments    
Real Estate Properties [Line Items]    
Land 22,371 22,371
Buildings and improvements 36,664 36,563
Construction in progress 29 86
Furniture, fixtures, and equipment 1,216 1,151
Real estate investment, gross 60,280 60,171
Multifamily Properties | Cedar Pointe    
Real Estate Properties [Line Items]    
Land 2,372 2,371
Buildings and improvements 23,537 23,458
Intangible lease assets   600
Construction in progress 41 16
Furniture, fixtures, and equipment 561 441
Real estate investment, gross 26,511 26,886
Multifamily Properties | Crestmont Reserve    
Real Estate Properties [Line Items]    
Land 4,124 4,124
Buildings and improvements 19,653 19,544
Intangible lease assets   687
Construction in progress 105  
Furniture, fixtures, and equipment 568 504
Real estate investment, gross 24,450 24,859
Multifamily Properties | Brandywine I & II    
Real Estate Properties [Line Items]    
Land 6,236 6,237
Buildings and improvements 71,432 70,961
Intangible lease assets   1,762
Construction in progress 244  
Furniture, fixtures, and equipment 1,500 1,215
Real estate investment, gross 79,412 80,175
Multifamily Properties | Bella Vista    
Real Estate Properties [Line Items]    
Land 10,942  
Buildings and improvements 36,124  
Intangible lease assets 919  
Furniture, fixtures, and equipment 640  
Real estate investment, gross 48,625  
Multifamily Properties | The Enclave    
Real Estate Properties [Line Items]    
Land 11,046  
Buildings and improvements 29,654  
Intangible lease assets 769  
Furniture, fixtures, and equipment 523  
Real estate investment, gross 41,992  
Multifamily Properties | Southpoint Reserve at Stoney Creek | Held For Sale Properties    
Real Estate Properties [Line Items]    
Land 6,120 6,120
Buildings and improvements 11,319 11,319
Furniture, fixtures, and equipment 805 787
Real estate investment, gross 18,244 18,226
Multifamily Properties | Southpoint Reserve at Stoney Creek | Held For Sale Properties | Land    
Real Estate Properties [Line Items]    
Real estate investment, gross 6,120 6,120
Multifamily Properties | Southpoint Reserve at Stoney Creek | Held For Sale Properties | Buildings and Improvements    
Real Estate Properties [Line Items]    
Real estate investment, gross 11,319 11,319
Multifamily Properties | Southpoint Reserve at Stoney Creek | Held For Sale Properties | Furniture, Fixtures, and Equipment    
Real Estate Properties [Line Items]    
Real estate investment, gross 805 787
Multifamily Properties | The Heritage    
Real Estate Properties [Line Items]    
Land 6,835  
Buildings and improvements 34,031  
Intangible lease assets 750  
Furniture, fixtures, and equipment 538  
Real estate investment, gross 42,154  
Multifamily Properties | Operating Properties    
Real Estate Properties [Line Items]    
Real estate investment, gross 1,340,660 1,204,337
Accumulated depreciation and amortization (146,473) (134,124)
Total Net Operating Real Estate Investments 1,194,187 1,070,213
Multifamily Properties | Operating Properties | Intangible Lease Assets    
Real Estate Properties [Line Items]    
Real estate investment, gross 2,438 3,049
Accumulated depreciation and amortization (813) (1,625)
Total Net Operating Real Estate Investments 1,625 1,424
Multifamily Properties | Operating Properties | Land    
Real Estate Properties [Line Items]    
Real estate investment, gross 231,170 202,347
Total Net Operating Real Estate Investments 231,170 202,347
Multifamily Properties | Operating Properties | Buildings and Improvements    
Real Estate Properties [Line Items]    
Real estate investment, gross 1,038,797 935,604
Accumulated depreciation and amortization (104,468) (95,364)
Total Net Operating Real Estate Investments 934,329 840,240
Multifamily Properties | Operating Properties | Construction in Progress    
Real Estate Properties [Line Items]    
Real estate investment, gross 1,594 1,881
Total Net Operating Real Estate Investments 1,594 1,881
Multifamily Properties | Operating Properties | Furniture, Fixtures, and Equipment    
Real Estate Properties [Line Items]    
Real estate investment, gross 66,661 61,456
Accumulated depreciation and amortization (41,192) (37,135)
Total Net Operating Real Estate Investments $ 25,469 $ 24,321