Supplemental Cash Flow Information (Tables)

6 Months Ended

Jun. 30, 2019

Supplemental Cash Flow Elements [Abstract]

Schedule of Supplemental Cash Flow Information

The following table presents the Company's supplemental cash flow information:

	Six Months Ended June 30,
	2019		2018
Non-cash operating, financing and investing activities:
Offering costs payable to related parties	$	629,376	$	1,428,461
Offering costs payable to third parties		—		(32,311	)
Distribution and shareholder servicing fee payable to    related parties		94,518		475,502
Cash distributions on common stock declared but not    yet paid		1,315,781		697,125
Stock issued from distribution reinvestment plan		1,243,229		605,527
Subscriptions receivable		110,000		619,500
Escrow deposits funded directly by mortgage notes payable		797,855		243,637
Non-cash activity related to acquisitions:
Mortgage notes payable used to acquire real properties		45,192,145		32,381,363
Cash paid during the period for:
Interest	$	2,481,341	$	644,876