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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]    
Rental income $ 24,544,958 $ 17,984,625
Expenses:    
Fees to affiliates 3,305,021 2,843,810
General and administrative 2,711,573 2,570,529
Self-management transaction expense 1,468,913 0
Depreciation and amortization 9,848,130 6,988,925
Interest expense 7,382,610 5,577,828
Property expenses 4,877,658 3,185,629
Total expenses 29,593,905 21,166,721
Less: Expenses reimbursed/fees waived by Sponsor or affiliates (332,337) (1,136,469)
Net expenses 29,261,568 20,030,252
Other income:    
Interest income 66,570 17,879
Income from investments in unconsolidated entities 234,048 226,024
Total other income 300,618 243,903
Net loss $ (4,415,992) $ (1,801,724)
Net loss per common share, basic and diluted (In USD Per Share) $ (0.29) $ (0.16)
Weighted-average number of shares of common stock outstanding, basic and diluted (In Shares) 15,036,474 11,069,864