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Condensed Consolidated Statements of Changes in Equity and Redeemable Equity Instruments - USD ($)
$ in Thousands
Total
Class E Common Stock
Total Stockholders' Equity
Preferred Stock
Common Stock
Class T Common Stock
Common Stock
Class S Common Stock
Common Stock
Class D Common Stock
Common Stock
Class I Common Stock
Common Stock
Class E Common Stock
Common Stock
Class N Common Stock
Additional Paid-in Capital
Accumulated Deficit and Cumulative Distributions
Non-controlling Interests in Consolidated Joint Ventures
Beginning balance at Dec. 31, 2020 $ 5,232   $ 5,232 $ 41 $ 0 $ 0 $ 0 $ 0 $ 0 $ 4 $ 9,276 $ (4,089) $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Proceeds from issuance of common stock, net of offering costs 9,318   9,318             3 9,315    
Distribution reinvestment 1   1               1    
Share-based compensation 19   19               19    
Net income (loss) 36   36                 36  
Net income (loss) 36                        
Preferred stock dividends (2)   (2)                 (2)  
Common stock distributions (2,378)   (2,378)                 (2,378)  
Ending balance at Mar. 31, 2021 12,226   12,226 41 0 0 0 0 0 7 18,611 (6,433) 0
Beginning balance at Dec. 31, 2020 83,194                        
Class N Redeemable Common Stock                          
Proceeds from issuance of common stock, net of offering costs 61,726                        
Ending balance at Mar. 31, 2021 144,920                        
Beginning balance at Dec. 31, 2020 0                        
Redeemable Non-controlling Interest in INREIT OP                          
Net loss 0                        
Distributions to non-controlling interests 0                        
Adjustment to carrying value of redeemable equity instruments 0                        
Ending balance at Mar. 31, 2021 0                        
Beginning balance at Dec. 31, 2021 74,101   70,030 41 2 2 2 2 22 12 94,097 (24,150) 4,071
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Proceeds from issuance of common stock, net of offering costs 48,158   48,158   2 2 2 3   8 48,141    
Distribution reinvestment 80   80               80    
Share-based compensation 19 $ 19 19               19    
Net income (loss) (1,936)   (1,922)                 (1,922) (14)
Net income (loss) (2,197)                        
Preferred stock dividends (2)   (2)                 (2)  
Common stock distributions (5,876)   (5,876)                 (5,876)  
Acquired non-controlling interests 2,025                       2,025
Distributions to non-controlling interests (80)                       (80)
Adjustment to carrying value of redeemable common stock (10,182)   (10,182)               (10,182)    
Ending balance at Mar. 31, 2022 106,307   $ 100,305 $ 41 $ 4 $ 4 $ 4 $ 5 $ 22 $ 20 $ 132,155 $ (31,950) $ 6,002
Beginning balance at Dec. 31, 2021 224,667                        
Class N Redeemable Common Stock                          
Proceeds from issuance of common stock, net of offering costs 42,990                        
Adjustment to carrying value of redeemable common stock 10,044                        
Ending balance at Mar. 31, 2022 277,701                        
Beginning balance at Dec. 31, 2021 0                        
Redeemable Non-controlling Interest in INREIT OP                          
Net loss (261)                        
Contributions from non-controlling interests 3,280                        
Distributions to non-controlling interests (30)                        
Adjustment to carrying value of redeemable equity instruments 138                        
Ending balance at Mar. 31, 2022 $ 3,127