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Nature of Business and Operations (Tables)
6 Months Ended
Jun. 30, 2019
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Schedule of Initial Price Per Share for Each Stock Class

The prices per share for each class of shares of the Company's common stock through June 30, 2019 were as follows:

 

 

Class A

 

 

Class T

 

 

Class R

 

 

Class I

 

Primary Offering Price

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

     Inception through July 2, 2017

 

$

10.00

 

 

$

9.47

 

 

n/a

 

 

n/a

 

     July 3, 2017 through July 1, 2018

 

n/a

 

 

n/a

 

 

$

9.52

 

 

$

9.13

 

     July 2, 2018 through March 24, 2019

 

n/a

 

 

n/a

 

 

$

9.68

 

 

$

9.28

 

     March 25, 2019 through June 30, 2019

 

n/a

 

 

n/a

 

 

$

9.75

 

 

$

9.35

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Offering Price under the DRIP

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

     Inception through July 2, 2017

 

$

9.60

 

 

$

9.09

 

 

n/a

 

 

n/a

 

     July 3, 2017 through July 1, 2018

 

$

9.60

 

 

$

9.09

 

 

$

9.14

 

 

$

8.90

 

     July 2, 2018 through March 24, 2019 (1)

 

$

9.05

 

 

$

9.05

 

 

$

9.05

 

 

$

9.05

 

     March 25, 2019 through June 30, 2019 (1)

 

$

9.12

 

 

$

9.12

 

 

$

9.12

 

 

$

9.12

 

 

 

 

(1)

Shares of common stock pursuant to the DRIP are sold at the Company’s NAV per share.