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Consolidated Balance Sheets (FY) - USD ($)
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Real estate investments:              
Land $ 41,126,392   $ 41,126,392     $ 21,878,768  
Building and improvements 176,367,798   176,367,798     108,590,813  
Tenant origination and absorption costs 17,717,819   17,717,819     8,340,774  
Total investments in real estate property 235,212,009   235,212,009     138,810,355  
Accumulated depreciation and amortization (15,346,655)   (10,563,664)     (3,574,739) $ (493,185)
Total investments in real estate property, net 219,865,354   224,648,345     135,235,616  
Investments in unconsolidated entities (Note 5) 13,987,073   14,275,815     14,524,022  
Total investments in real estate property, net 233,852,427   238,924,160     149,759,638  
Cash and cash equivalents 10,635,254   5,252,686     3,238,173  
Restricted cash 156,046   3,503,242     944,582  
Tenant receivables 4,146,339   3,659,114     1,263,095  
Above-market lease intangibles, net 535,725   584,248     681,293  
Due from affiliates (Note 8) 4,236   16,838     34,194  
Purchase and other deposits 200,000   100,000     40,000  
Prepaid expenses and other assets 577,619   234,399     1,104,573  
Interest rate swap derivatives 0   151,215     7,899  
Total assets 250,107,646   252,425,902     157,073,447  
Liabilities and Stockholders' Equity              
Mortgage notes payable, net 115,032,981   122,709,308     60,487,303  
Unsecured credit facility, net 0   8,998,000     12,000,000  
Accounts payable, accrued and other liabilities 4,264,232   7,164,713     2,411,484  
Share repurchases payable 822,829   584,676     386,839  
Below-market lease intangibles, net 2,358,186   2,595,382     1,584,229  
Due to affiliates (Note 8) 30,282   979,174     907,377  
Interest rate swap derivatives 1,023,730   300,929     0  
Total liabilities 123,532,240   143,332,182     77,777,232  
Commitments and contingencies (Note 9) 0        
Redeemable common stock 5,762,798   6,000,951     46,349  
Preferred stock, $0.001 par value, 50,000,000 shares authorized, no shares issued and outstanding 0   0     0  
Additional paid-in-capital 144,011,702   119,247,245     85,324,921  
Cumulative distributions and net losses (23,214,573)   (16,167,437)     (6,083,896)  
Total stockholders' equity 120,812,608 $ 113,287,570 103,092,769 $ 93,781,564 $ 85,300,468 79,249,866 $ 22,231,106
Total liabilities and stockholders' equity 250,107,646   252,425,902     157,073,447  
Common Class C              
Liabilities and Stockholders' Equity              
Common stock, value, issued 15,313   12,943     8,838  
Common Class S              
Liabilities and Stockholders' Equity              
Common stock, value, issued $ 166   $ 18     $ 3