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Restricted Cash (Tables)
 6 Months Ended
Jun. 30, 2019
Cash And Cash Equivalents [Abstract]  
Schedule of Restricted Cash The following table presents a summary of the components of the Company's restricted cash:

 

 

 

June 30,

2019

 

 

December 31,

2018

 

Real estate taxes

 

$

1,363,630

 

 

$

19,988

 

Insurance

 

 

191,133

 

 

 

150,263

 

Capital improvements

 

 

809,527

 

 

 

713,651

 

Total

 

$

2,364,290

 

 

$

883,902