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Consolidated Balance Sheets - USD ($)
Jun. 30, 2020
Dec. 31, 2019
Assets [Abstract]    
Investments in real estate, net $ 255,696,280 $ 223,344,431
Investments in real estate-related loans and securities, net 79,626,985 49,297,799
Intangible assets, net 10,934,050 7,453,487
Cash and cash equivalents 26,642,097 30,308,600
Restricted cash 3,977,492 741,604
Accounts and other receivables, net 2,039,578 1,769,446
Other assets 1,215,951 570,625
Total Assets 380,132,433 313,485,992
Liabilities and Equity    
Mortgage Loans, Net 186,121,165 158,476,854
Due to affiliates 7,010,212 5,953,312
Intangible liabilities, net 82,286 57,159
Accounts payable, accrued expenses and other liabilities 7,093,152 3,580,729
Commitments and contingencies (Note 12) 0 0
Total Liabilities 200,306,815 168,068,054
Stockholders' Equity    
Preferred stock, $0.01 par value per share, 50,000,000 shares authorized; no shares issued nor outstanding at June 30, 2020 and December 31, 2019, respectively 0 0
Common stock, $0.01 par value per share, 1,000,000,000 shares authorized; 18,916,995 and 14,997,217 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively 189,169 149,972
Additional paid-in capital 184,693,174 145,350,064
Accumulated deficit (10,918,894) (5,430,110)
Total Stockholders' Equity 173,963,449 140,069,926
Non-controlling interests attributable to third party joint ventures 5,862,169 5,348,012
Total Equity 179,825,618 145,417,938
Total Liabilities and Stockholders' Equity 380,132,433 313,485,992
Variable Interest Entity, Primary Beneficiary [Member]    
Assets [Abstract]    
Investments in real estate, net 255,696,280 223,344,341
Intangible assets, net 10,934,050 7,453,487
Cash and cash equivalents 1,971,073 1,629,776
Restricted cash 3,977,492 741,604
Accounts and other receivables, net 1,726,966 1,097,447
Other assets 829,336 133,795
Total Assets 275,135,197 234,400,450
Liabilities and Equity    
Mortgage Loans, Net 186,121,165 158,476,854
Intangible liabilities, net 82,286 57,159
Accounts payable, accrued expenses and other liabilities 3,085,127 2,802,865
Total Liabilities $ 189,288,578 $ 161,336,878