Subsequent Events (Tables)

12 Months Ended

Dec. 31, 2019

Subsequent Events [Abstract]

Summary of New Public Offering Prices and Applicable Upfront Selling Commissions and Dealer Manager Fees

The following table provides the new offering prices and applicable upfront selling commissions and placement agent / dealer manager fees for each share class available in the Public Offering, Class FA Private Offerings and Class S Private Offering:

	Class FA		Class A		Class T		Class D		Class I		Class S
Effective January 28, 2020:
Offering Price, Per Share	(1)(2)		$	29.41	$	28.36	$	26.61	$	27.15	N/A
Selling Commissions, Per Share	(2)		1.76		0.85		—		—		N/A
Placement Agent / Dealer Manager Fees, Per Share	(2)		0.74		0.50		—		—		N/A
Effective February 28, 2020:
Offering Price, Per Share	$	30.09	$	29.25	$	28.19	$	26.44	$	27.00	$	28.53
Selling Commissions, Per Share	1.66		1.76		0.85		—		—		0.57
Dealer Manager Fees, Per Share	0.90		0.73		0.49		—		—		0.43
Effective March 23, 2020:
Offering Price, Per Share	$	30.12	$	29.23	$	28.16	$	26.40	$	26.99	$	28.56
Selling Commissions, Per Share	1.66		1.75		0.85		—		—		0.57
Dealer Manager Fees, Per Share	0.90		0.73		0.49		—		—		0.43

Schedule of Gross Proceeds

During the period January 1, 2020 through March 25, 2020, the Company received additional net proceeds from the Class FA Private Offerings, Public Offering and its distribution reinvestment plan of:

	Class FA Private Offering, Follow-On Class FA Private Offering and Public Offering								Distribution Reinvestment Plan			Total
Share Class	Shares	Gross Proceeds		Up-front Selling Commissions and Placement Agent / Dealer Manager Fees			Net Proceeds to Company		Shares	Gross Proceeds		Shares	Net Proceeds to Company		Average Net Proceeds per Share
Class FA	407,607	$	11,339,000	$	(80,275	)	$	11,258,725	—	$	—	407,607	$	11,258,725	$	27.62
Class A	92,163	2,632,286		(160,299		)	2,471,987		5,265	141,362		97,428	2,613,349		26.82
Class T	85,475	2,417,694		(114,840		)	2,302,854		1,011	27,216		86,486	2,330,070		26.94
Class D	18,763	497,500		—			497,500		2,032	53,846		20,795	551,346		26.51
Class I	145,326	3,930,955		—			3,930,955		4,515	122,149		149,841	4,053,104		27.05
	749,334	$	20,817,435	$	(355,414	)	$	20,462,021	12,823	$	344,573	762,157	$	20,806,594	$	27.30