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Consolidated Statements of Cash Flows (FY) - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Cash Flows from Operating Activities:    
Net loss $ (1,801,724) $ (868,484)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 6,988,925 3,081,554
Stock compensation expense 167,835 163,000
Deferred rents (1,236,145) (965,846)
Amortization of lease incentives 8,350 130,689
Tenant reimbursement used for rent credit 0 (51,459)
Amortization of deferred financing costs 927,535 169,664
Amortization of above-market lease intangibles 97,045 83,770
Amortization of below-market lease intangibles (406,329) (68,699)
Unrealized (loss) gain on interest rate swap valuation 157,613 (7,899)
Income from investments in unconsolidated entities (226,024) (199,233)
Distributions from investments in unconsolidated entities 896,670 367,686
Changes in operating assets and liabilities:    
Tenant receivables (1,159,874) (182,929)
Due from affiliate 17,356 45,668
Prepaid expenses and other assets 8,592 (91,871)
Accounts payable, accrued and other liabilities 1,373,044 1,323,371
Due to affiliate 69,020 861,855
Net cash provided by operating activities 5,881,889 3,790,837
Cash Flows from Investing Activities:    
Acquisition of real estate investments (87,064,535) (100,458,868)
Improvements to existing real estate investments (1,730,666) (685,160)
Payments of acquisition fees to affiliate (2,702,043) (3,935,884)
Funding of amounts due from affiliate 0 28,571
Investments in unconsolidated entities (422,440) (10,542,594)
Refundable purchase deposits (100,000) 0
Net cash used in investing activities (92,019,684) (115,593,935)
Cash Flows from Financing Activities:    
Borrowings from unsecured credit facility 36,450,000 55,390,000
Repayments of unsecured credit facility (39,450,000) (53,547,803)
Proceeds from mortgage notes payable 75,687,500 55,369,988
Principal payments on mortgage notes payable (12,892,970) (407,725)
Refundable loan deposits 0 (40,000)
Payments of deferred financing costs to third parties (1,200,010) (1,430,607)
Payments of financing fees to affiliates (262,050) (326,600)
Proceeds from issuance of common stock and investor deposits 44,223,885 62,555,554
Payment of offering costs (1,500,285) (2,049,847)
Payment of Class S commissions (550) (700)
Repurchases of common stock (8,688,479) (2,472,571)
Distributions paid to common stockholders (1,656,073) (731,209)
Net cash provided by financing activities 90,710,968 112,308,480
Net increase in cash, cash equivalents and restricted cash 4,573,173 505,382
Cash, cash equivalents and restricted cash, beginning of period 4,182,755 3,677,373
Cash, cash equivalents and restricted cash, end of period 8,755,928 4,182,755
Supplemental disclosure of cash flow information:    
Cash paid for interest 4,235,739 1,285,716
Supplemental disclosure of noncash flow information:    
Reclassifications to redeemable common stock 6,152,439 219,061
Distributions paid to common stockholders through common stock issuance pursuant to the dividend reinvestment plan 5,878,104 3,067,095
Increase in deferred commission payable to S Class distributor 0 2,300
(Reduction) increase in lease incentive obligation (853,232) 858,389
Purchase deposits applied to acquisition of real estate 0 500,000
Increase in share repurchases payable 197,837 369,372
Increase in accrued dividends 747,640 0
Unpaid portion of real estate acquired $ 3,486,927 $ 0