Entity Central Index Key
Real estate investment property accumulated depreciation and amortization.
Real estate held for sale accumulated depreciation net.
Fair market value adjustment.
Document and entity information.
Document And Entity Information [Abstract]
Document Type
Document Type
Amendment Flag
Amendment Flag
Document Period End Date
Document Period End Date
Document Fiscal Year Focus
Document Fiscal Year Focus
Document Fiscal Period Focus
Document Fiscal Period Focus
Trading Symbol
Trading Symbol
Entity Registrant Name
Entity Registrant Name
Entity Central Index Key
Current Fiscal Year End Date
Current Fiscal Year End Date
Entity Filer Category
Entity Filer Category
Entity Small Business
Entity Small Business
Entity Emerging Growth Company
Entity Emerging Growth Company
Entity Ex Transition Period
Entity Ex Transition Period
Entity Common Stock, Shares Outstanding
Entity Common Stock Shares Outstanding
Intangible lease assets gross.
Furniture, fixtures, and equipment, gross.
Mortgage payables net deferred financing costs net.
Mortgages payable held for sale net of deferred financing cost..
Statement Of Financial Position [Abstract]
ASSETS
Assets [Abstract]
Operating Real Estate Investments
Real Estate Investments [Abstract]
Land
Land
Buildings and improvements
Investment Building And Building Improvements
Intangible lease assets
Intangible Lease Assets Gross
Construction in progress
Construction In Progress Gross
Furniture, fixtures, and equipment
Furniture Fixtures And Equipment Gross
Total Gross Operating Real Estate Investments
Real Estate Investment Property At Cost
Accumulated depreciation and amortization
Real Estate Investment Property Accumulated Depreciation And Amortization
Total Net Operating Real Estate Investments
Real Estate Investment Property Net
Real estate held for sale, net of accumulated depreciation of $897 and $897, respectively
Real Estate Heldforsale
Total Net Real Estate Investments
Real Estate Investments
Cash and cash equivalents
Cash And Cash Equivalents At Carrying Value
Restricted cash
Restricted Cash And Cash Equivalents
Accounts receivable
Accounts Receivable Net
Prepaid and other assets
Prepaid Expense And Other Assets
Fair market value of interest rate swaps
Interest Rate Fair Value Hedge Asset At Fair Value
TOTAL ASSETS
Assets
LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities And Stockholders Equity [Abstract]
Liabilities:
Liabilities [Abstract]
Mortgages payable, net
Mortgage Payables Net Deferred Financing Costs Net
Mortgages payable held for sale, net
Mortgages Payable Held For Sale Net Of Deferred Financing Cost
Credit facility, net
Line Of Credit
Accounts payable and other accrued liabilities
Accounts Payable And Other Accrued Liabilities
Accrued real estate taxes payable
Accrual For Taxes Other Than Income Taxes Current And Noncurrent
Accrued interest payable
Interest Payable Current And Noncurrent
Security deposit liability
Security Deposit Liability
Prepaid rents
Advance Rent
Total Liabilities
Liabilities
Redeemable noncontrolling interests in the Operating Partnership
Redeemable Noncontrolling Interest Equity Carrying Amount
Stockholders' Equity:
Stockholders Equity Including Portion Attributable To Noncontrolling Interest [Abstract]
Preferred stock, $0.01 par value: 100,000,000 shares authorized; 0 shares issued
Preferred Stock Value
Common stock, $0.01 par value: 500,000,000 shares authorized; 23,643,277 and 23,499,635 shares issued and outstanding, respectively
Common Stock Value
Additional paid-in capital
Additional Paid In Capital Common Stock
Accumulated earnings less dividends
Retained Earnings Accumulated Deficit
Accumulated other comprehensive income
Accumulated Other Comprehensive Income Loss Net Of Tax
Total Stockholders' Equity
Stockholders Equity
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities And Stockholders Equity
Net of accumulated depreciation
Real Estate Held For Sale Accumulated Depreciation Net
Preferred stock, shares authorized
Preferred Stock Shares Authorized
Preferred stock, shares issued
Preferred Stock Shares Issued
Preferred stock, par value
Preferred Stock Par Or Stated Value Per Share
Common stock, shares authorized
Common Stock Shares Authorized
Common stock, shares, issued
Common Stock Shares Issued
Common stock, shares, outstanding
Common Stock Shares Outstanding
Common stock, par value
Common Stock Par Or Stated Value Per Share
Property management fees.
Related party advisory and administrative fees.
Corporate general and administrative expenses.
Loss on extinguishment of debt and modification costs.
Comprehensive income attributable to redeemable non controlling interests in operating partnership.
Income Statement [Abstract]
Revenues
Revenues [Abstract]
Rental income
Operating Leases Income Statement Lease Revenue
Other income
Other Income
Total revenues
Revenues
Expenses
Operating Expenses [Abstract]
Property operating expenses
Direct Costs Of Leased And Rented Property Or Equipment
Real estate taxes and insurance
Real Estate Taxes And Insurance
Property management fees
Property Management Fees
Advisory and administrative fees
Related Party Advisory And Administrative Fees
Corporate general and administrative expenses
Corporate General And Administrative Expenses
Property general and administrative expenses
General And Administrative Expense
Depreciation and amortization
Depreciation And Amortization
Total expenses
Costs And Expenses
Operating income before gain on sales of real estate
Income Loss Before Gain Or Loss On Sale Of Properties Extraordinary Items And Cumulative Effects Of Accounting Changes
Gain on sales of real estate
Gains Losses On Sales Of Investment Real Estate
Operating income
Operating Income Loss
Interest expense
Interest Expense
Loss on extinguishment of debt and modification costs
Loss On Extinguishment Of Debt And Modification Costs
Net income (loss)
Profit Loss
Net income (loss) attributable to redeemable noncontrolling interests in the Operating Partnership
Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
Net income (loss) attributable to common stockholders
Net Income Loss
Other comprehensive income (loss)
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent [Abstract]
Unrealized gains (losses) on interest rate derivatives
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
Total comprehensive income (loss)
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
Comprehensive income (loss) attributable to redeemable noncontrolling interests in the Operating Partnership
Comprehensive Income Attributable To Redeemable Non Controlling Interests In Operating Partnership
Comprehensive income (loss) attributable to common stockholders
Comprehensive Income Net Of Tax
Weighted average common shares outstanding - basic
Weighted Average Number Of Shares Outstanding Basic
Weighted average common shares outstanding - diluted
Weighted Average Number Of Diluted Shares Outstanding
Earnings (loss) per share - basic
Earnings Per Share Basic
Earnings (loss) per share - diluted
Earnings Per Share Diluted
Dividends declared per common share
Common Stock Dividends Per Share Declared
Statement Of Stockholders Equity [Abstract]
Statement [Table]
Statement [Table]
Equity Components
Statement Equity Components [Axis]
Equity Component
Equity Component [Domain]
Preferred Stock
Preferred Stock [Member]
Common Stock
Common Stock [Member]
Additional Paid-in Capital
Accumulated Distributions In Excess Of Net Income [Member]
Accumulated Earnings Less Dividends
Retained Earnings [Member]
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income [Member]
Common Stock Held in Treasury at Cost
Treasury Stock Common [Member]
Statement [Line Items]
Statement [Line Items]
Beginning Balance, Values
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
Beginning Balance, Shares
Cumulative effect upon adoption of ASU 2017-12
New Accounting Pronouncement Or Change In Accounting Principle Effect Of Adoption Quantification
Net income (loss) attributable to common stockholders
Repurchase of common stock
Treasury Stock Value Acquired Cost Method
Retirement of common stock held in treasury
Treasury Stock Retired Cost Method Amount
Retirement of common stock held in treasury, Shares
Treasury Stock Shares Retired
Vesting of stock-based compensation
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
Vesting of stock-based compensation, Shares
Stock Issued During Period Shares Restricted Stock Award Gross
Common stock dividends declared
Dividends Common Stock
Other comprehensive income (loss)
Other Comprehensive Income Loss Net Of Tax
Adjustment to reflect redemption value of redeemable noncontrolling interests in the Operating Partnership
Minority Interest Change In Redemption Value
Ending Balance, Values
Ending Balance, Shares
Amortization and write off of deferred financing costs.
Change in fair value on derivative instruments included in interest expense.
Net cash received on derivative settlements.
Amortization and write-off of fair market value adjustment of assumed debt.
Statement Of Cash Flows [Abstract]
Cash flows from operating activities
Net Cash Provided By Used In Operating Activities [Abstract]
Net income (loss)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities [Abstract]
Gain on sales of real estate
Amortization/write-off of deferred financing costs
Amortization And Write Off Of Deferred Financing Costs
Change in fair value on derivative instruments included in interest expense
Change In Fair Value On Derivative Instruments Included Interest Expense
Net cash received on derivative settlements
Net Cash Received On Derivative Settlements
Amortization/write-off of fair market value adjustment of assumed debt
Amortization And Write Off Of Fair Market Value Adjustment Of Assumed Debt
Vesting of stock-based compensation
Share Based Compensation
Changes in operating assets and liabilities, net of effects of acquisitions:
Increase Decrease In Operating Capital [Abstract]
Operating assets
Increase Decrease In Operating Assets
Operating liabilities
Increase Decrease In Operating Liabilities
Net cash provided by operating activities
Net Cash Provided By Used In Operating Activities
Cash flows from investing activities
Net Cash Provided By Used In Investing Activities [Abstract]
Net proceeds from sales of real estate
Proceeds From Real Estate And Real Estate Joint Ventures
Additions to real estate investments
Payments To Develop Real Estate Assets
Acquisitions of real estate investments
Payments To Acquire Real Estate
Net cash provided by (used in) investing activities
Net Cash Provided By Used In Investing Activities
Cash flows from financing activities
Net Cash Provided By Used In Financing Activities [Abstract]
Mortgage proceeds received
Proceeds From Issuance Of Secured Debt
Mortgage payments
Repayments Of Secured Debt
Credit facilities proceeds received
Proceeds From Lines Of Credit
Bridge facility payments
Repayments Of Short Term Debt
Deferred financing costs paid
Payments Of Financing Costs
Interest rate cap fees paid
Payments For Derivative Instrument Financing Activities
Repurchase of common stock
Payments For Repurchase Of Common Stock
Dividends paid to common stockholders
Payments Of Dividends Common Stock
Net cash provided by (used in) financing activities
Net Cash Provided By Used In Financing Activities
Net decrease in cash, cash equivalents and restricted cash
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
Cash, cash equivalents and restricted cash, beginning of period
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
Cash, cash equivalents and restricted cash, end of period
Prepayment penalties paid.
Increase in dividends payable on restricted stock units.
Supplemental disclosure of noncash activities.
Supplemental Disclosure of Cash Flow Information
Supplemental Cash Flow Information [Abstract]
Interest paid
Interest Paid Net
Prepayment penalties
Prepayment Penalties Paid
Supplemental Disclosure of Noncash Activities
Supplemental Disclosure Of Noncash Activities [Abstract]
Capitalized construction costs included in accounts payable and other accrued liabilities
Construction In Progress Expenditures Incurred But Not Yet Paid
Change in fair value on derivative instruments designated as hedges
Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
Other assets acquired from acquisitions
Noncash Or Part Noncash Acquisition Other Assets Acquired1
Liabilities assumed from acquisitions
Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
Increase in dividends payable on restricted stock units
Increase In Dividends Payable On Restricted Stock Units
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Organization and Description of Business
Organization Consolidation And Presentation Of Financial Statements Disclosure [Text Block]
Accounting Policies [Abstract]
Summary of Significant Accounting Policies
Significant Accounting Policies [Text Block]
Schedule Of Investments [Abstract]
Investments in Subsidiaries
Investments In And Advances To Affiliates Schedule Of Investments [Text Block]
Real estate property acquisition disclosure.
Business Combinations [Abstract]
Real Estate Investments Statistics
Real Estate Property Acquisition Disclosure [Text Block]
Real Estate [Abstract]
Real Estate Investments
Real Estate Disclosure [Text Block]
Debt Disclosure [Abstract]
Debt
Debt Disclosure [Text Block]
Fair Value Disclosures [Abstract]
Fair Value Measures and Derivative Financial Instruments
Fair Value Measurement Inputs Disclosure [Text Block]
Equity [Abstract]
Stockholders' Equity
Stockholders Equity Note Disclosure [Text Block]
Earnings Per Share [Abstract]
Earnings (Loss) Per Share
Earnings Per Share [Text Block]
Noncontrolling Interest [Abstract]
Noncontrolling Interests
Minority Interest Disclosure [Text Block]
Related Party Transactions [Abstract]
Related Party Transactions
Related Party Transactions Disclosure [Text Block]
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies
Commitments And Contingencies Disclosure [Text Block]
Subsequent Events [Abstract]
Subsequent Events
Subsequent Events [Text Block]
Basis of Accounting
Basis Of Accounting Policy Policy [Text Block]
Principles of Consolidation
Consolidation Policy [Text Block]
Revenue Recognition
Revenue Recognition Policy [Text Block]
Purchase Price Allocation
Business Combinations Policy
Impairment
Investment Policy [Text Block]
Income Taxes
Income Tax Policy [Text Block]
Recent Accounting Pronouncements
New Accounting Pronouncements Policy Policy [Text Block]
Estimated Useful Lives of Assets
Property Plant And Equipment [Text Block]
Investments in subsidiaries.
Schedule of Ownership in Each Property
Investments In Joint Ventures Table [Text Block]
Schedule of real estate properties acquired.
Schedule Of Business Acquisitions By Acquisition [Table]
Schedule Of Business Acquisitions By Acquisition [Table]
Real Estate, Type of Property
Mortgage Loans On Real Estate Description Type Of Property [Axis]
Real Estate
Mortgage Loans On Real Estate Name Property Type [Domain]
Multifamily Properties
Multifamily [Member]
Business Acquisition [Line Items]
Business Acquisition [Line Items]
Summary of Investment in Multifamily Properties
Schedule Of Real Estate Properties Acquired Table [Text Block]
Summary of Major Components of Investments in Multifamily Properties
Schedule Of Real Estate Properties Table [Text Block]
Schedule for acquisition of real estate property.
Summary of Acquired Properties
Schedule For Acquisition Of Real Estate Property Table [Text Block]
Summary of Mortgage Debt of Company and Encumbers Multifamily Properties
Schedule Of Debt Table [Text Block]
Schedule of Credit Facility
Schedule Of Line Of Credit Facilities [Text Block]
Schedule of Debt Maturities
Schedule Of Maturities Of Long Term Debt Table [Text Block]
Summary of Company's Outstanding Interest Rate Swaps
Schedule Of Interest Rate Derivatives Table [Text Block]
Schedule of Outstanding Interest Rate Derivatives
Schedule Of Notional Amounts Of Outstanding Derivative Positions Table [Text Block]
Summary of Derivative Financial Instruments and Classification on the Consolidated Balance Sheet
Schedule Of Derivative Instruments In Statement Of Financial Position Fair Value [Text Block]
Summary of Derivative Financial Instruments on Consolidated Statements of Operations and Comprehensive Income
Schedule Of Derivative Instruments Gain Loss In Statement Of Financial Performance [Text Block]
Summary of Restricted Stock Units
Schedule Of Sharebased Compensation Restricted Stock And Restricted Stock Units Activity Table [Text Block]
Schedule of Computation of Basic and Diluted Earnings (Loss) Per Share
Schedule Of Earnings Per Share Basic And Diluted Table [Text Block]
Schedule of Redeemable Noncontrolling Interests
Redeemable Noncontrolling Interest Table [Text Block]
Summary of Fees Incurred to BH And Its Affiliates As Well As Reimbursements Paid to BH
Schedule Of Related Party Transactions Table [Text Block]
Percentage of ownership in portfolio.
Limited partner units owned.
Schedule Of Real Estate Properties [Table]
Schedule Of Real Estate Properties [Table]
Legal Entity
Legal Entity [Axis]
Entity
Entity [Domain]
Operating partnership.
OP
Operating Partnership [Member]
TRS.
TRS
T R S [Member]
Noncontrolling limited partner.
Noncontrolling Limited Partner
Noncontrolling Limited Partner [Member]
Ownership
Ownership [Axis]
Ownership
Ownership [Domain]
BH Equity.
B H Equity
B H Equity [Member]
Real Estate Properties [Line Items]
Real Estate Properties [Line Items]
Date of incorporation
Entity Incorporation Date Of Incorporation
Percentage of ownership in portfolio
Percentage Of Ownership In Portfolio
OP Units, outstanding
Units Of Partnership Interest Amount
OP Units owned
Limited Partner Units Owned
Percentage of OP Units, outstanding owned by company
Limited Liability Company L L C Or Limited Partnership L P Managing Member Or General Partner Ownership Interest
Percentage of OP Units, outstanding owned by noncontrolling limited partner
Limited Liability Company L L C Or Limited Partnership L P Members Or Limited Partners Ownership Interest
Schedule Of Property Plant And Equipment [Table]
Schedule Of Property Plant And Equipment [Table]
Property, Plant and Equipment, Type
Property Plant And Equipment By Type [Axis]
Property, Plant and Equipment, Type
Property Plant And Equipment Type [Domain]
Land
Land [Member]
Buildings
Building [Member]
Improvements
Building Improvements [Member]
Furniture fixtures and equipment.
Furniture, Fixtures, and Equipment
Furniture Fixtures And Equipment [Member]
Intangible lease assets.
Intangible Lease Assets
Intangible Lease Assets [Member]
Property Plant And Equipment [Line Items]
Property Plant And Equipment [Line Items]
Estimated useful lives of assets
Property Plant And Equipment Estimated Useful Lives
Estimated useful lives of assets
Property Plant And Equipment Useful Life
Minimum percentage of distributed taxable income to qualify as REIT.
Percentage of non-deductible excise tax on distribution.
Percentage of ordinary income considered for payment of distribution.
Percentage of capital gain net income considered for payment of distribution.
Percentage of undistributed income of prior considered for payment of distribution.
Summary of significant accounting policies.
Summary of significant accounting policies.
Summary Of Significant Accounting Policies [Table]
Summary Of Significant Accounting Policies [Table]
Range
Range [Axis]
Range
Range [Member]
Minimum
Minimum [Member]
Maximum
Maximum [Member]
Scenario
Statement Scenario [Axis]
Scenario, Unspecified
Scenario Unspecified [Domain]
Scenario Forecast
Scenario Forecast [Member]
Adjustments for New Accounting Pronouncements
Adjustments For New Accounting Pronouncements [Axis]
Type of Adoption
Type Of Adoption [Member]
Accounting Standards Update 2017-12
Accounting Standards Update201712 [Member]
Summary Of Significant Accounting Policies [Line Items]
Summary Of Significant Accounting Policies [Line Items]
Minimum percentage of distributed taxable income to qualify as REIT
Minimum Percentage Of Distributed Taxable Income To Qualify As R E I T
Percentage of non-deductible excise tax on distribution
Percentage Of Non Deductible Excise Tax On Distribution
Percentage of ordinary income considered for payment of distribution
Percentage Of Ordinary Income Considered For Payment Of Distribution
Percentage of capital gain net income considered for payment of distribution
Percentage Of Capital Gain Net Income Considered For Payment Of Distribution
Percentage of undistributed income of prior considered for payment of distribution
Percentage Of Undistributed Income Of Prior Considered For Payment Of Distribution
Threshold percentage of uncertain tax positions likelihood of being sustained.
Percentage of uncertain tax positions likelihood of being sustained
Threshold Percentage Of Uncertain Tax Positions Likelihood Of Being Sustained
Unrecognized tax benefit or expense, accrued interest or penalties
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
Threshold public float limit for transition period.
Threshold public float limit for transition period
Threshold Public Float Limit For Transition Period
Increase to OCI due to reclassification adjustment from AOCI on derivatives
Other Comprehensive Income Loss Reclassification Adjustment From A O C I On Derivatives Net Of Tax
Ownership percentage of wholly owned subsidiary.
Consolidated investment in SPEs
Ownership Percentage Of Wholly Owned Subsidiary
Number of wholly owned subsidiaries.
Number of wholly owned subsidiaries
Number Of Wholly Owned Subsidiaries
Year of acquisition.
Wholly owned subsidiaries and variable interest entities.
Wholly owned subsidiaries and variable interest entities.
Wholly Owned Subsidiaries And Variable Interest Entities [Table]
Wholly Owned Subsidiaries And Variable Interest Entities [Table]
Name of Property
Real Estate And Accumulated Depreciation Description Of Property [Axis]
Name of Property
Real Estate And Accumulated Depreciation Name Of Property [Domain]
Arbors on forest ridge.
Arbors on Forest Ridge
Arbors On Forest Ridge [Member]
Cutter's point.
Cutter's Point
Cutters Point [Member]
Eagle crest.
Eagle Crest
Eagle Crest [Member]
Silverbrook.
Silverbrook
Silverbrook [Member]
Edgewater at sandy springs.
Edgewater at Sandy Springs
Edgewater At Sandy Springs [Member]
Beechwood terrace.
Beechwood Terrace
Beechwood Terrace [Member]
Willow grove.
Willow Grove
Willow Grove [Member]
Woodbridge.
Woodbridge
Woodbridge [Member]
Abbington heights.
Abbington Heights
Abbington Heights [Member]
The summit at Sabal park.
The Summit at Sabal Park
The Summit At Sabal Park [Member]
Courtney cove.
Courtney Cove
Courtney Cove [Member]
Radbourne lake.
Radbourne Lake
Radbourne Lake [Member]
Timber creek.
Timber Creek
Timber Creek [Member]
Belmont at duck creek.
Belmont at Duck Creek
Belmont At Duck Creek [Member]
Sabal palm at lake Buena vista.
Sabal Palm at Lake Buena Vista
Sabal Palm At Lake Buena Vista [Member]
Southpoint reserve at Stoney creek.
Southpoint Reserve at Stoney Creek
Southpoint Reserve At Stoney Creek [Member]
Cornerstone.
Cornerstone
Cornerstone [Member]
The preserve at Terrell mill.
The Preserve at Terrell Mill
The Preserve At Terrell Mill [Member]
The ashlar.
The Ashlar
The Ashlar [Member]
Heatherstone.
Heatherstone
Heatherstone [Member]
Versailles.
Versailles
Versailles [Member]
Seasons seven zero four apartments.
Seasons 704 Apartments
Seasons Seven Zero Four Apartments [Member]
Madera Point.
Madera Point
Madera Point [Member]
The Pointe at the Foothills.
The Pointe at the Foothills
The Pointe At Foothills [Member]
Venue at eight six five one.
Venue at 8651
Venue At Eight Six Five One [Member]
Parc five hundred.
Parc500
Parc Five Hundred [Member]
The colonnade.
The Colonnade
The Colonnade [Member]
Old farm.
Old Farm
Old Farm [Member]
Stone creek at old farm.
Stone Creek at Old Farm
Stone Creek At Old Farm [Member]
Hollister Place.
Hollister Place
Hollister Place [Member]
Rockledge apartments.
Rockledge Apartments
Rockledge Apartments [Member]
Atera apartments.
Atera Apartments
Atera Apartments [Member]
Cedar Pointe.
Cedar Pointe
Cedar Pointe [Member]
Crestmont Reserve.
Crestmont Reserve
Crestmont Reserve [Member]
Brandywine one and two.
Brandywine I & II
Brandywine One And Two [Member]
Bella Vista.
Bella Vista
Bella Vista [Member]
Enclave Member
The Enclave
Enclave [Member]
Heritage (Member)
The Heritage
Heritage [Member]
Investment Geographic Region
Investment Geographic Region [Axis]
Investment Geographic Region
Investment Geographic Region [Domain]
Bedford.
Bedford
Bedford [Member]
Richardson.
Richardson
Richardson [Member]
Irving.
Irving
Irving [Member]
Grand Prairie.
Grand Prairie
Grand Prairie [Member]
Atlanta.
Atlanta
Atlanta [Member]
Antioch.
Antioch
Antioch [Member]
Nashville.
Nashville
Nashville [Member]
Tampa.
Tampa
Tampa [Member]
Charlotte.
Charlotte
Charlotte [Member]
Garland.
Garland
Garland [Member]
Orlando.
Orlando
Orlando [Member]
Fredericksburg.
Fredericksburg
Fredericksburg [Member]
Marietta.
Marietta
Marietta [Member]
Dallas.
Dallas
Dallas [Member]
West palm beach.
West Palm Beach
West Palm Beach [Member]
Mesa.
Mesa
Mesa [Member]
Fort Worth.
Fort Worth
Fort Worth [Member]
Phoenix.
Phoenix
Phoenix [Member]
Houston.
Houston
Houston [Member]
Tempe.
Tempe
Tempe [Member]
Geographical
Statement Geographical [Axis]
Geographical
Segment Geographical [Domain]
Texas
TEXAS
Georgia
GEORGIA
Tennessee
TENNESSEE
Florida
FLORIDA
North Carolina
NORTH CAROLINA
Virginia
VIRGINIA
Arizona
ARIZONA
Tennessee
TUNISIA
Wholly Owned Subsidiaries And Variable Interest Entities [Line Items]
Wholly Owned Subsidiaries And Variable Interest Entities [Line Items]
Year of acquisition
Year Of Acquisition
Effective ownership percentage, wholly owned subsidiary
Number of multifamily properties
Number Of Real Estate Properties
Real estate average effective rent per unit.
Property percentage occupied.
Colonnade.
The Colonnade
Colonnade [Member]
Rentable Square Footage
Area Of Real Estate Property
Number of Units
Number Of Units In Real Estate Property
Date Acquired
Real Estate And Accumulated Depreciation Date Acquired1
Average Effective Monthly Rent Per Unit
Real Estate Average Effective Rent Per Unit
% Occupied
Property Percentage Occupied
The Encalve.
The Enclave
The Enclave [Member]
The Heritage.
The Heritage
The Heritage [Member]
Long Lived Assets Held-for-sale by Asset Type
Long Lived Assets Held For Sale By Asset Type [Axis]
Long Lived Assets Held-for-sale, Name
Long Lived Assets Held For Sale Name [Domain]
Real estate properties held for sale.
Held For Sale Properties
Real Estate Properties Held For Sale [Member]
Operating properties.
Operating Properties
Operating Properties [Member]
Buildings and Improvements
Construction in Progress
Construction In Progress [Member]
Finite-Lived Intangible Assets by Major Class
Finite Lived Intangible Assets By Major Class [Axis]
Finite-Lived Intangible Assets, Major Class Name
Finite Lived Intangible Assets Major Class Name [Domain]
Real estate investment, gross
Accumulated depreciation and amortization
Accumulated depreciation and amortization
Depreciation expense
Depreciation
Amortization expense of intangible lease assets
Amortization Of Leased Asset
Amortization expense, remainder of year ended December 31, 2019
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
Number of properties acquired.
Number of properties acquired
Number Of Properties Acquired
Number of units in real estate property acquired.
Date of Acquisition
Business Acquisition Effective Date Of Acquisition1
Purchase Price
Business Combination Consideration Transferred1
Mortgage Debt
Business Combination Consideration Transferred Liabilities Incurred
Number of Units
Number Of Units In Real Estate Property Acquired
Number of properties sold.
Sales price of property held for sale.
Number of real estate properties sold
Number Of Properties Sold
Sales of real estate
Sales Price Of Property Held For Sale
Debt Instrument [Table]
Debt Instrument [Table]
Long-term Debt, Type
Longterm Debt Type [Axis]
Long-term Debt, Type
Longterm Debt Type [Domain]
Mortgages Payable
Mortgages [Member]
Debt Instrument
Debt Instrument [Axis]
Debt Instrument, Name
Debt Instrument Name [Domain]
Debt with floating interest rate.
Debt With Floating Interest Rate
Debt With Floating Interest Rate [Member]
Debt with fixed interest rate.
Debt With Fixed Interest Rate
Debt With Fixed Interest Rate [Member]
Debt Instrument [Line Items]
Debt Instrument [Line Items]
Term (months)
Debt Instrument Term
Outstanding Principal
Non Recourse Debt
Interest Rate
Debt Instrument Interest Rate Effective Percentage
Maturity Date
Debt Instrument Maturity Date
Fair market value adjustment
Fair Market Value Adjustment
Deferred financing costs, net of accumulated amortization
Deferred Finance Costs Net
Mortgages payable, net
Variable Rate
Variable Rate [Axis]
Variable Rate
Variable Rate [Domain]
One-month LIBOR
London Interbank Offered Rate L I B O R [Member]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Loan Category
Mortgage Loans On Real Estate Description Loan Category [Axis]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Loan Category
Mortgage Loans On Real Estate Loan Category [Domain]
Thirteenth month through eighty one month.
13th month through 81st month
Thirteenth Month Through Eighty One Month [Member]
First twelve months.
First 12 months
First Twelve Months [Member]
First Mortgage
First Mortgage [Member]
Second Mortgage
Second Mortgage [Member]
Last four months.
Last Four Months
Last Four Months [Member]
Deferred financing costs, net of accumulated amortization
Accumulated Amortization Deferred Finance Costs
Interest Rate
Debt Instrument Interest Rate Stated Percentage
Loan prepayment fee as percentage of unpaid mortgage principal balance.
Mortgage loans payable description
Mortgage Loans On Real Estate Periodic Payment Terms
Loan prepayment fee as a percentage of unpaid principal balance
Loan Prepayment Fee As Percentage Of Unpaid Mortgage Principal Balance
Fair value of debt assumed upon acquisition
Certain Loans Acquired In Transfer Accounted For As Debt Securities Acquired During Period At Acquisition At Fair Value
Debt instrument, payment terms
Debt Instrument Payment Terms
Acquired property mortgage loan principle amount
Mortgage Loans On Real Estate Collections Of Principal
Blended pay rate
Debt Weighted Average Interest Rate
Long term debt weighted average interest rate, adjusted.
Weighted average decrease of spread in basis points.
Derivative Instrument
Derivative Instrument Risk [Axis]
Derivative Contract
Derivative Contract Type [Domain]
Floating interest rate swap.
Floating Interest Rate Swap
Floating Interest Rate Swap [Member]
Interest Rate Swap
Interest Rate Swap [Member]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Loan Type
Mortgage Loans On Real Estate Loan Type [Axis]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Loan Type
Mortgage Loans On Real Estate Loan Type [Domain]
Freddie Mac Multifamily Green Advantage program.
Freddie Mac Multifamily Green Advantage Program
Freddie Mac Multifamily Green Advantage Program [Member]
Credit Facility
Credit Facility [Axis]
Credit Facility
Credit Facility [Domain]
Seventy five million credit facility.
$75 Million Credit Facility
Seventy Five Million Credit Facility [Member]
SunTrust Bank.
SunTrust Bank
Sun Trust Bank [Member]
Income Statement Location
Income Statement Location [Axis]
Income Statement Location
Income Statement Location [Domain]
Interest expense
Interest Expense [Member]
Weighted average interest rate of mortgage indebtedness
Longterm Debt Weighted Average Interest Rate
Adjusted weighted average interest rate
Longterm Debt Weighted Average Interest Rate Adjusted
Weighted average fixed rate
Derivative Average Fixed Interest Rate
Combined notional amount
Derivative Liability Notional Amount
Mortgage indebtedness
Mortgage Loans On Real Estate
Weighted average decrease of spread in basis points
Weighted Average Decrease Of Spread In Basis Points
Number of properties covered under mortgage loan program.
Number of properties refinanced.
Mortgage debt financing, amount escrowed
Escrow Deposit
Number of properties covered under mortgage loan program
Number Of Properties Covered Under Mortgage Loan Program
Number of properties refinanced
Number Of Properties Refinanced
Term (months)
Line Of Credit Facility Expiration Period
Interest Rate
Debt Instrument Interest Rate During Period
Line of credit gross.
Credit facilities
Line Of Credit Gross
Deferred financing costs, net of accumulated amortization
Credit facilities, net
Line of credit facility extension term.
Period of london interbank offered rate measurement.
Line of credit facility, maximum borrowing capacity
Line Of Credit Facility Maximum Borrowing Capacity
Credit facility proceeds received
Facility, term
Line of credit facility, extension term
Line Of Credit Facility Extension Term
Interest rate description
Debt Instrument Description
Period of LIBOR
Period Of London Interbank Offered Rate Measurement
Interest rate
Debt Instrument Basis Spread On Variable Rate1
Write-off deferred financing costs
Write Off Of Deferred Debt Issuance Cost
Amortization of deferred financing fees
Amortization Of Financing Costs
Credit facility.
Credit Facility
Credit Facility [Member]
2019
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
2020
Long Term Debt Maturities Repayments Of Principal In Year Two
2021
Long Term Debt Maturities Repayments Of Principal In Year Three
2022
Long Term Debt Maturities Repayments Of Principal In Year Four
2023
Long Term Debt Maturities Repayments Of Principal In Year Five
Thereafter
Long Term Debt Maturities Repayments Of Principal After Year Five
Total
Long Term Debt
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Table]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Table]
Financial Instrument
Financial Instrument [Axis]
Financial Instruments
Transfers And Servicing Of Financial Instruments Types Of Financial Instruments [Domain]
Interest rate caps
Interest Rate Cap [Member]
One-month LIBOR.
One-month LIBOR
One Month L I B O R [Member]
Hedging Designation
Hedging Designation [Axis]
Hedging Designation
Hedging Designation [Domain]
Designated as hedging instrument
Designated As Hedging Instrument [Member]
Not designated as hedging instrument
Nondesignated [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Interest rate term range
Credit Derivative Term1
Derivative financial instruments cap weighted average rate
Derivative Average Cap Interest Rate
Gain (loss) ineffectiveness to derivatives designated as cash flow hedges
Gain Loss On Cash Flow Hedge Ineffectiveness Net
Derivative effective date.
Key bank.
KeyBank
Key Bank [Member]
Interest rate swap transaction one.
Interest Rate Swap Transaction One
Interest Rate Swap Transaction One [Member]
Interest rate swap transaction two.
Interest Rate Swap Transaction Two
Interest Rate Swap Transaction Two [Member]
Interest rate swap transaction three.
Interest Rate Swap Transaction Three
Interest Rate Swap Transaction Three [Member]
Interest rate swap transaction four.
Interest Rate Swap Transaction Four
Interest Rate Swap Transaction Four [Member]
Interest rate swap transaction five.
Interest Rate Swap Transaction Five
Interest Rate Swap Transaction Five [Member]
Interest rate swap transaction six.
Interest Rate Swap Transaction Six
Interest Rate Swap Transaction Six [Member]
Interest rate swap transaction seven.
Interest Rate Swap Transaction Seven
Interest Rate Swap Transaction Seven [Member]
Effective Date
Derivative Effective Date
Termination Date
Derivative Maturity Dates
Notional Amount
Fixed Rate
Derivative Fixed Interest Rate
Fixed Rate
LIBOR, interest rate
Derivative Variable Interest Rate
Derivative Instruments And Hedging Activities Disclosures [Table]
Derivative Instruments And Hedging Activities Disclosures [Table]
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Number of Instruments
Number Of Interest Rate Derivatives Held
Derivative notional amount
Derivative Notional Amount
Interest rate caps
Derivative notional amount
Balance Sheet Location
Balance Sheet Location [Axis]
Balance Sheet Location
Balance Sheet Location [Domain]
Fair market value of interest rate swaps.
Fair Market Value Of Interest Rate Swaps
Fair Market Value Of Interest Rate Swaps [Member]
Prepaid expense and other assets.
Prepaid and Other Assets
Prepaid Expense And Other Assets [Member]
Asset Derivatives
Derivative Fair Value Of Derivative Asset
Liability Derivatives
Derivative Asset Fair Value Gross Liability
Derivative Instruments Gain Loss By Hedging Relationship By Income Statement Location By Derivative Instrument Risk [Table]
Derivative Instruments Gain Loss By Hedging Relationship By Income Statement Location By Derivative Instrument Risk [Table]
Interest rate products.
Interest rate products
Interest Rate Products [Member]
Derivative Instruments Gain Loss [Line Items]
Derivative Instruments Gain Loss [Line Items]
Amount of gain (loss) recognized in OCI
Amount of gain (loss) reclassified from OCI into income
Derivative Instruments Gain Loss Reclassified From Accumulated O C I Into Income Effective Portion Net
Amount of gain (loss) recognized in income
Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net
Amount of gain (loss) recognized in income
Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
Impairment charges related to real estate assets
Impairment Of Real Estate
Stockholders Equity Note [Abstract]
Schedule Of Stock By Class [Table]
Schedule Of Stock By Class [Table]
Plan Name
Plan Name [Axis]
Plan Name
Plan Name [Domain]
Two thousand sixteen long term incentive plan.
2016 LTIP
Two Thousand Sixteen Long Term Incentive Plan [Member]
Award Type
Award Type [Axis]
Equity Award
Share Based Compensation Arrangements By Share Based Payment Award Award Type And Plan Name [Domain]
Restricted Stock Units
Restricted Stock Units R S U [Member]
Title of Individual
Title Of Individual [Axis]
Relationship to Entity
Title Of Individual With Relationship To Entity [Domain]
Officers, employees and certain key employees of adviser.
Officers, Employees and Certain Key Employees of Adviser
Officers Employees And Certain Key Employees Of Adviser [Member]
Director
Director [Member]
Directors and officers.
Directors and Officers
Directors And Officers [Member]
Directors, officers, employees and certain key employees of adviser.
Directors, Officers, Employees and Certain Key Employees of Adviser
Directors Officers Employees And Certain Key Employees Of Adviser [Member]
Sale of Stock
Subsidiary Sale Of Stock [Axis]
Sale of Stock
Sale Of Stock Name Of Transaction [Domain]
At the market offering.
At-the-Market Offering
At The Market Offering [Member]
Class Of Stock [Line Items]
Class Of Stock [Line Items]
Common stock, shares, issued
Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
Share repurchase program, authorized amount
Stock Repurchase Program Authorized Amount1
Stock repurchase program, expiration date
Stock Repurchase Program Expiration Date
Stock repurchase program period in force
Stock Repurchase Program Period In Force1
Share repurchase program, treasury stock shares
Treasury Stock Shares Acquired
Share repurchase program, treasury stock, value
Share repurchase program, treasury stock, per share
Treasury Stock Acquired Average Cost Per Share
Number of shares authorized to issue
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
Share based compensation arrangement by share based payment award vesting period description.
Restricted stock units, vesting period
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
Vesting period description
Share Based Compensation Arrangement By Share Based Payment Award Vesting Period Description
Restricted stock units, granted
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Schedule Of Share Based Compensation Arrangements By Share Based Payment Award [Table]
Schedule Of Share Based Compensation Arrangements By Share Based Payment Award [Table]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of Units, Outstanding at beginning of the period
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
Number of Units, Granted
Number of Units, Vested
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
Number of Units, Forfeited
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
Number of Units, Outstanding at ending of the period
Weighted Average Grant Date Fair Value, Outstanding at beginning of the period
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
Weighted Average Grant Date Fair Value, Granted
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
Weighted Average Grant Date Fair Value, Vested
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
Weighted Average Grant Date Fair Value, Forfeited
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
Weighted Average Grant Date Fair Value, Outstanding at ending of the period
Vesting
Vesting [Axis]
Vesting
Vesting [Domain]
Vest in August 2019
Share Based Compensation Award Tranche Two [Member]
Vest in February 2020
Share Based Compensation Award Tranche Three [Member]
Share based compensation award tranche four.
Vest in March 2020
Share Based Compensation Award Tranche Four [Member]
Share based compensation award tranche five.
Vest in February 2021
Share Based Compensation Award Tranche Five [Member]
Share based compensation award tranche six.
Vest in February 2022
Share Based Compensation Award Tranche Six [Member]
Share based compensation award tranche seven.
Vest in February 2023
Share Based Compensation Award Tranche Seven [Member]
Share based compensation award tranche eight.
Vest in February 2024
Share Based Compensation Award Tranche Eight [Member]
Stock issued upon vesting awards
Restricted stock units, vested
Equity-based compensation expense
Allocated Share Based Compensation Expense
Dividends earned on restricted stock units
Dividends Payable Current And Noncurrent
Aggregate sale price of common stock
Stock Issued During Period Value New Issues
Conversion ratio of operating partnership unit to common stock.
Stock conversion ratio
Conversion Ratio Of Operating Partnership Unit To Common Stock
Amount of Net Income (Loss) attributable to redeemable noncontrolling interests in the operating partnership.
Earnings Per Share Reconciliation [Abstract]
Numerator for earnings (loss) per share:
Net Income Loss Available To Common Stockholders Basic [Abstract]
Net income (loss)
Net income (loss) attributable to redeemable noncontrolling interests in the Operating Partnership
Net Income Loss Attributable To Redeemable Noncontrolling Interests
Net income (loss) attributable to common stockholders
Net Income Loss Available To Common Stockholders Basic
Denominator for earnings (loss) per share:
Weighted Average Number Of Shares Outstanding Diluted Disclosure Items [Abstract]
Weighted average unvested restricted stock units
Weighted Average Number Of Shares Restricted Stock
Denominator for diluted earnings per share
Earnings (loss) per weighted average common share:
Basic
Diluted
Consideration transferred to acquire ownership interest in properties of noncontrolling interest holders.
Payment to acquire ownership interest in properties from noncontrolling interest holders.
Amount used for calculation of OP units of net asset value.
Percentage of noncontrolling interests in joint ventures acquired.
Percentage of ownership interests in portfolio before acquisition of interest.
Common units transferred to acquire ownership interest in properties of non-controlling interest holders.
Value of common units transferred to acquire ownership interest in properties of noncontrolling interest holders.
Common units transferred to acquire ownership interest in properties of noncontrolling interest holders per share.
Minority Interest [Table]
Minority Interest [Table]
Related Party Transaction
Related Party Transaction [Axis]
Related Party Transaction
Related Party Transaction [Domain]
BH buyout portfolio.
BH Equity Portfolio
B H Buyout Portfolio [Member]
Related Party
Related Party Transactions By Related Party [Axis]
Related Party
Related Party [Domain]
BH Management Services, LLC.
BH Management Services, LLC
B H Management Services L L C [Member]
Minority Interest [Line Items]
Minority Interest [Line Items]
Percentage of noncontrolling interests in joint ventures acquired
Percentage Of Noncontrolling Interests In Joint Ventures Acquired
Percentage of ownership interests in portfolio
Percentage Of Ownership Interests In Portfolio Before Acquisition Of Interest
Consideration transferred to acquire ownership interest in properties of noncontrolling interest holders
Consideration Transferred To Acquire Ownership Interest In Properties Of Noncontrolling Interest Holders
Payment to acquire ownership interest in properties of noncontrolling interest holders
Payment To Acquire Ownership Interest In Properties Of Noncontrolling Interest Holders
Common units transferred to acquire ownership interest in properties of noncontrolling interest holders
Common Units Transferred To Acquire Ownership Interest In Properties Of Noncontrolling Interest Holders
Value of common units transferred to acquire ownership interest in properties of noncontrolling interest holders
Value Of Common Units Transferred To Acquire Ownership Interest In Properties Of Noncontrolling Interest Holders
Common units transferred to acquire ownership interest in properties of noncontrolling interest holders, per share
Common Units Transferred To Acquire Ownership Interest In Properties Of Noncontrolling Interest Holders Per Share
Amount used for calculation of OP units of net asset value
Amount Used For Calculation Of O P Units Of Net Asset Value
Temporary equity other comprehensive loss attributable to redeemable non-controlling interests in operating partnership.
Contributions from redeemable noncontrolling interests on operating partnership.
Distributions to redeemable noncontrolling interests in operating partnership.
Redeemable noncontrolling interests in the OP, December 31, 2018
Net loss attributable to redeemable noncontrolling interests in the OP
Temporary Equity Net Income
Other comprehensive loss attributable to redeemable noncontrolling interests in the OP
Temporary Equity Other Comprehensive Loss Attributable To Redeemable Noncontrolling Interests In Operating Partnership
Contributions from redeemable noncontrolling interests in the OP
Contributions From Redeemable Noncontrolling Interests On Operating Partnership
Distributions to redeemable noncontrolling interests in the OP
Distributions To Redeemable Noncontrolling Interests On Operating Partnership
Adjustment to reflect redemption value of redeemable noncontrolling interests in the OP
Redeemable noncontrolling interests in the OP, March 31, 2019
Inspection of properties fee.
Percentage of construction supervision fees on project costs.
Other owner approved fees.
Property management fee percent
Property Management Fee Percent Fee
Inspection of properties fee, per unit
Inspection Of Properties Fee
Construction supervision fee, percent fee
Percentage Of Construction Supervision Fees On Project Costs
Other owner approved fees, per hour
Other Owner Approved Fees
Related party transaction construction supervision fees.
Related party transaction acquisition fees.
Related party transaction payroll and benefits expenses.
Related party transaction other reimbursements expenses.
Related party transaction fees incurred.
Related party transaction reimbursements expense.
Fees incurred
Related Party Transaction Fees Incurred [Abstract]
Construction supervision fees
Related Party Transaction Construction Supervision Fees
Acquisition fees
Related Party Transaction Acquisition Fees
Reimbursements
Related Party Transaction Reimbursements Expense [Abstract]
Payroll and benefits
Related Party Transaction Payroll And Benefits Expenses
Other reimbursements
Related Party Transaction Other Reimbursements Expenses
Percentage of annual advisory, paid monthly.
Schedule Of Related Party Transactions By Related Party [Table]
Schedule Of Related Party Transactions By Related Party [Table]
NexPoint Advisors.
NexPoint Real Estate Advisors, L.P
Nex Point Advisors [Member]
Predecessor
Predecessor [Member]
Advisory and administrative fees.
Advisory and Administrative Fees
Advisory And Administrative Fees [Member]
NexBank Title, Inc.
NexBank Title, Inc.
Nex Bank Title Inc [Member]
Affiliates of the Adviser
Affiliated Entity [Member]
Related Party Transaction [Line Items]
Related Party Transaction [Line Items]
Percentage of annual advisory, paid monthly
Percentage Of Annual Advisory Paid Monthly
Percentage of annual administrative fee, paid monthly.
Percentage of annual administrative fee, paid monthly
Percentage Of Annual Administrative Fee Paid Monthly
Advisory and administration fees on contributed assets.
Advisory and administrative fees on contributed assets
Advisory And Administration Fees On Contributed Assets
Pursuant to the terms of the Advisory Agreement, expenses paid or incurred by the Company for advisory and administrative fees payable to the Adviser and Operating Expenses will not exceed 1.5% of Average Real Estate Assets per calendar year.
Advisory and administrative fees percentage
Advisory And Administrative Fees Percentage
Advisory and administrative fees.
Advisory and administrative fees charged on New Assets (New assets are all real estate assets that are not contributed assets).
Advisory and administrative fees
Advisory And Administrative Fees
Additional advisory and administrative fees
Additional Advisory And Administrative Fees Charged On New Assets
Advisory and administrative fees waived.
Advisory and administrative fees waived
Advisory And Administrative Fees Waived
Payment to affiliate for services rendered.
Payment to affiliate for services rendered
Payment To Affiliate For Services Rendered
Common stock shares issued
Stock Issued During Period Shares New Issues
Public offering price per share
Shares Issued Price Per Share
Gross proceeds from sale of common stock
Proceeds From Issuance Of Common Stock
Subsequent Event [Table]
Subsequent Event [Table]
Subsequent Event Type
Subsequent Event Type [Axis]
Subsequent Event Type
Subsequent Event Type [Domain]
Subsequent Event
Subsequent Event [Member]
Subsequent Event [Line Items]
Subsequent Event [Line Items]
Dividends payable, amount per share
Dividends Payable Amount Per Share
Dividends payable, date declared
Dividends Payable Date Declared Day Month And Year
Dividends payable, date to be paid
Dividend Payable Date To Be Paid Day Month And Year
Dividends payable, date of record
Dividends Payable Date Of Record Day Month And Year