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Investments in Unconsolidated Entities - Schedule of Unconsolidated Entities (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Dec. 31, 2020
Balance Sheet          
Total assets $ 416,459   $ 416,459   $ 162,838
Total liabilities (203,281)   (203,281)   (74,412)
Total equity of unconsolidated entities 8,515   8,515   5,232
INREIT investment in unconsolidated entities 99,494   99,494   89,284
Operating Data          
Total revenue of unconsolidated entities 2,836 $ 0 7,583 $ 0  
Income (loss) from unconsolidated real estate entities 182 $ 35 1,686 $ 35  
Vida JV LLC And San Simeon Holdings          
Balance Sheet          
Total assets 531,953   531,953   479,076
Total liabilities (300,814)   (300,814)   (264,204)
Total equity of unconsolidated entities 231,139   231,139   214,872
INREIT's share 99,247   99,247   89,032
INREIT outside basis 247   247   252
INREIT investment in unconsolidated entities 99,494   99,494   89,284
Operating Data          
Total revenue of unconsolidated entities 11,400   33,617    
Income of unconsolidated entities 327   996    
INREIT's share 184   1,692    
Amortization of INREIT outside basis (2)   (6)    
Income (loss) from unconsolidated real estate entities 182   1,686    
Vida JV LLC          
Balance Sheet          
Total assets 411,059   411,059   366,482
Total liabilities (221,050)   (221,050)   (187,882)
Total equity of unconsolidated entities 190,009   190,009   178,600
INREIT's share 80,754   80,754   75,914
INREIT outside basis 247   247   252
INREIT investment in unconsolidated entities 81,001   81,001   76,166
Operating Data          
Total revenue of unconsolidated entities 9,397   27,236    
Income of unconsolidated entities (766)   622    
INREIT's share (326)   264    
Amortization of INREIT outside basis (2)   (6)    
Income (loss) from unconsolidated real estate entities (328)   258    
San Simeon Holdings          
Balance Sheet          
Total assets 120,894   120,894   112,594
Total liabilities (79,764)   (79,764)   (76,322)
Total equity of unconsolidated entities 41,130   41,130   36,272
INREIT's share 18,493   18,493   13,118
INREIT outside basis 0   0   0
INREIT investment in unconsolidated entities 18,493   18,493   $ 13,118
Operating Data          
Total revenue of unconsolidated entities 2,003   6,381    
Income of unconsolidated entities 1,093   374    
INREIT's share 510   1,428    
Amortization of INREIT outside basis 0   0    
Income (loss) from unconsolidated real estate entities $ 510   $ 1,428