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Debt - Summary of Mortgage Debt Nonrecourse to Company and Encumbers Multifamily Properties (Parenthetical) (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2019
USD ($)
Debt Instrument [Line Items]  
Deferred financing costs, net of accumulated amortization $ 2,154
Cornerstone | Debt With Fixed Interest Rate  
Debt Instrument [Line Items]  
Interest Rate 4.09%
Fair value of debt assumed upon acquisition $ 18,000
Debt instrument, payment terms The assumed debt carries a 4.09% fixed rate, was originally issued in March 2013, and had a term of 120 months with an initial 24 months of interest only.
Blended pay rate 4.24%
13th month through 81st month  
Debt Instrument [Line Items]  
Mortgage loans payable description Loan can be pre-paid in the first 12 months of the term at par plus 5.00%. Starting in the 13th month of the term through the 81st month of the term, the loan can be pre-paid at par plus 1.00% of the unpaid principal balance and at par during the last three months of the term.
Loan prepayment fee as a percentage of unpaid principal balance 1.00%
13th month through 81st month | Cedar Pointe | Debt With Floating Interest Rate  
Debt Instrument [Line Items]  
Mortgage loans payable description Loan can be pre-paid in the first 12 months of the term in certain circumstances at par plus 5.00%. Starting in the 13th month of the term through the 81st month of the term, the loan can be pre-paid at par plus 1.00% of the unpaid principal balance and at par during the last three months of the term.
Loan prepayment fee as a percentage of unpaid principal balance 1.00%
13th month through 81st month | Bella Vista | Debt With Floating Interest Rate  
Debt Instrument [Line Items]  
Mortgage loans payable description Loan can be pre-paid in the first 12 months of the term in certain circumstances at par plus 5.00%. Starting in the 13th month of the term through the 81st month of the term, the loan can be pre-paid at par plus 1.00% of the unpaid principal balance and at par during the last three months of the term.
Loan prepayment fee as a percentage of unpaid principal balance 1.00%
First 12 months  
Debt Instrument [Line Items]  
Loan prepayment fee as a percentage of unpaid principal balance 5.00%
First 12 months | Cedar Pointe | Debt With Floating Interest Rate  
Debt Instrument [Line Items]  
Loan prepayment fee as a percentage of unpaid principal balance 5.00%
First 12 months | Bella Vista | Debt With Floating Interest Rate  
Debt Instrument [Line Items]  
Loan prepayment fee as a percentage of unpaid principal balance 5.00%
First Mortgage | Cornerstone | Debt With Fixed Interest Rate  
Debt Instrument [Line Items]  
Debt instrument, payment terms At the time of acquisition, the principal balance of the first mortgage remained unchanged and had a remaining term of 98 months with 2 months of interest only. The first mortgage is pre-payable and subject to yield maintenance from the 13th month through August 31, 2022 and is pre-payable at par September 1, 2022 until maturity.
Second Mortgage | Cornerstone | Debt With Fixed Interest Rate  
Debt Instrument [Line Items]  
Interest Rate 4.70%
Debt instrument, payment terms The supplemental second mortgage is pre-payable and subject to yield maintenance from the date of issuance through August 31, 2022 and is pre-payable at par September 1, 2022 until maturity.
Acquired property mortgage loan principle amount $ 5,800
Last Four Months | Parc500  
Debt Instrument [Line Items]  
Mortgage loans payable description Debt was assumed upon acquisition of this property and recorded at approximated fair value. The loan is open to pre-payment in the last four months of the term.
One-month LIBOR  
Debt Instrument [Line Items]  
Interest Rate 2.4945%
Held For Sale Properties  
Debt Instrument [Line Items]  
Deferred financing costs, net of accumulated amortization $ 100