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Consolidated Statement of Changes in Equity (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
Total
Total Stockholders' Equity
Common Stock
Common Stock Class T
Common Stock
Common Stock Class S
Common Stock
Common Stock Class D
Common Stock
Common Stock Class I
Additional Paid-In Capital
Accumulated Deficit and Cumulative Distributions
Non-Controlling Interests
Beginning Balance at Dec. 31, 2018 $ 147,122 $ 147,122         $ 148,770 $ (1,729)  
Beginning Balance,shares at Dec. 31, 2018       66   15      
Common stock issued 85,586 85,586 $ 2 $ 17 $ 3 $ 21 85,543    
Offering costs (4,049) (4,049)         (4,049)    
Distribution reinvestments 396 396         396    
Amortization of restricted stock grants 29 29         29    
Net loss (2,468) (2,468)           (2,468)  
Distributions declared on common stock (see Note 9) (1,631) (1,631)           (1,631)  
Ending Balance at Mar. 31, 2019 224,985 224,985 2 $ 83 3 $ 36 230,689 (5,828)  
Beginning Balance at Dec. 31, 2018 147,122 147,122         148,770 (1,729)  
Beginning Balance,shares at Dec. 31, 2018       66   15      
Net loss (9,142)                
Ending Balance at Sep. 30, 2019 555,512 551,996 10 $ 191 12 $ 89 575,662 (23,968) $ 3,516
Beginning Balance at Mar. 31, 2019 224,985 224,985 2 83 3 36 230,689 (5,828)  
Common stock issued 134,029 134,029 4 45 3 13 133,964    
Offering costs (9,593) (9,593)         (9,593)    
Distribution reinvestments 2,119 2,119   1     2,118    
Amortization of restricted stock grants 21 21         21    
Net loss (3,596) (3,578)           (3,578) (18)
Contributions from non-controlling interests 3,129               3,129
Distributions to non-controlling interests (24)               (24)
Distributions declared on common stock (see Note 9) (4,404) (4,404)           (4,404)  
Ending Balance at Jun. 30, 2019 346,666 343,579 6 129 6 49 357,199 (13,810) 3,087
Common stock issued 228,579 228,579 4 61 6 40 228,468    
Offering costs (13,241) (13,241)         (13,241)    
Distribution reinvestments 3,418 3,418   1     3,417    
Common stock repurchased (181) (181)         (181)    
Net loss (3,076) (3,051)           (3,051) (25)
Contributions from non-controlling interests 664               664
Distributions to non-controlling interests (210)               (210)
Distributions declared on common stock (see Note 9) (7,107) (7,107)           (7,107)  
Ending Balance at Sep. 30, 2019 555,512 551,996 $ 10 $ 191 $ 12 $ 89 575,662 (23,968) 3,516
Beginning Balance at Dec. 31, 2019 849,247 837,263         883,506 (46,697) 11,984
Beginning Balance,shares at Dec. 31, 2019     14 262 17 161      
Common stock issued 421,659 421,659 $ 6 $ 94 $ 6 $ 89 421,464    
Offering costs (20,528) (20,528)         (20,528)    
Distribution reinvestments 8,364 8,364   2   1 8,361    
Amortization of restricted stock grants 21 21         21    
Common stock repurchased (980) (980)         (980)    
Net loss (allocated to redeemable non- controlling interest) (40,315) (39,677)           (39,677) (638)
Contributions from non-controlling interests 58,840               58,840
Distributions to non-controlling interests (356)               (356)
Distributions declared on common stock (see Note 9) (16,368) (16,368)           (16,368)  
Allocation to redeemable non- controlling interest (302) (302)         (302)    
Ending Balance at Mar. 31, 2020 1,259,282 1,189,452 $ 20 $ 358 $ 23 $ 251 1,291,542 (102,742) 69,830
Beginning Balance at Dec. 31, 2019 849,247 837,263         883,506 (46,697) 11,984
Beginning Balance,shares at Dec. 31, 2019     14 262 17 161      
Net loss (65,898)                
Allocation to redeemable non- controlling interest (792)                
Ending Balance at Sep. 30, 2020 1,376,695 1,366,098 $ 23 $ 409 $ 25 $ 313 1,533,049 (167,721) 10,597
Beginning Balance at Mar. 31, 2020 1,259,282 1,189,452 20 358 23 251 1,291,542 (102,742) 69,830
Common stock issued 95,244 95,244 2 23 1 17 95,201    
Offering costs (5,369) (5,369)         (5,369)    
Distribution reinvestments 10,463 10,463   3   2 10,458    
Amortization of restricted stock grants 21 21         21    
Common stock repurchased (21,374) (21,374) (1) (5)   (3) (21,365)    
Net loss (allocated to redeemable non- controlling interest) (14,671) (14,262)           (14,262) (409)
Contributions from non-controlling interests 1,352               1,352
Distributions to non-controlling interests (831)               (831)
Repurchase of non-controlling interests (58,837)               (58,837)
Distributions declared on common stock (see Note 9) (19,300) (19,300)           (19,300)  
Allocation to redeemable non- controlling interest (274) (274)         (274)    
Ending Balance at Jun. 30, 2020 1,245,706 1,234,601 21 379 24 267 1,370,214 (136,304) 11,105
Common stock issued 163,399 163,399 2 29 1 46 163,321    
Offering costs (4,689) (4,689)         (4,689)    
Distribution reinvestments 10,487 10,487   3   1 10,483    
Amortization of restricted stock grants 38 38         38    
Common stock repurchased (6,108) (6,108)   (2)   (1) (6,105)    
Net loss (10,497)                
Net loss (allocated to redeemable non- controlling interest) (10,455) (10,316)           (10,316) (139)
Distributions to non-controlling interests (369)               (369)
Distributions declared on common stock (see Note 9) (21,101) (21,101)           (21,101)  
Allocation to redeemable non- controlling interest (213) (213)         (213)    
Ending Balance at Sep. 30, 2020 $ 1,376,695 $ 1,366,098 $ 23 $ 409 $ 25 $ 313 $ 1,533,049 $ (167,721) $ 10,597