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Schedule III - Real Estate and Accumulated Depreciation (Detail) (USD $)
In Thousands, unless otherwise specified
 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Real Estate and Accumulated Depreciation [Line Items]    
Initial Cost, Land $ 30,168  
Initial Cost, Building 122,063  
Gross Carrying Amount, Land 30,168 [1]  
Gross Carrying Amount, Building 123,397 [1]  
Accumulated Depreciation- Building 12,283 9,304
Encumbrances (Unpaid Principal) (92,413)  
Balance, beginning of period 137,428 0
Additions during period:    
Acquisitions 15,397 136,834
Improvements to land and building 1,148 868
Deductions during period:    
Dispositions of real estate (408) (274)
Deconsolidation of real estate 0 0
Balance, end of period 153,565 137,428
Balance, beginning of period 9,304 0
Depreciation expense 3,387 1,771
Dispositions of real estate (408) (274)
Balances at acquisition 0 [2] 7,807 [2]
Balance, end of period 12,283 9,304
Crestmont Apartments
    
Real Estate and Accumulated Depreciation [Line Items]    
Description Multifamily  
Location Marietta, GA  
Initial Cost, Land 3,254  
Initial Cost, Building 13,044  
Gross Carrying Amount, Land 3,254 [1]  
Gross Carrying Amount, Building 13,184 [1]  
Accumulated Depreciation- Building 1,776  
Encumbrances (Unpaid Principal) (6,750)  
Year of Acquisition 2011  
Life of Depreciation 40 years  
Copper Mill Apartments
    
Real Estate and Accumulated Depreciation [Line Items]    
Description Multifamily  
Location Austin, TX  
Initial Cost, Land 3,472  
Initial Cost, Building 13,958  
Gross Carrying Amount, Land 3,472 [1]  
Gross Carrying Amount, Building 14,191 [1]  
Accumulated Depreciation- Building 1,927  
Encumbrances (Unpaid Principal) (7,350)  
Year of Acquisition 2011  
Life of Depreciation 40 years  
Cumberland Glen Apartments
    
Real Estate and Accumulated Depreciation [Line Items]    
Description Multifamily  
Location Smyrna, GA  
Initial Cost, Land 3,100  
Initial Cost, Building 13,166  
Gross Carrying Amount, Land 3,100 [1]  
Gross Carrying Amount, Building 13,323 [1]  
Accumulated Depreciation- Building 1,807  
Encumbrances (Unpaid Principal) (6,900)  
Year of Acquisition 2011  
Life of Depreciation 40 years  
Heritage Trace Apartments
    
Real Estate and Accumulated Depreciation [Line Items]    
Description Multifamily  
Location Newport News, VA  
Initial Cost, Land 2,673  
Initial Cost, Building 10,761  
Gross Carrying Amount, Land 2,673 [1]  
Gross Carrying Amount, Building 11,010 [1]  
Accumulated Depreciation- Building 1,489  
Encumbrances (Unpaid Principal) (5,500)  
Year of Acquisition 2011  
Life of Depreciation 40 years  
Belle Creek Apartments
    
Real Estate and Accumulated Depreciation [Line Items]    
Description Multifamily  
Location Henderson, CO  
Initial Cost, Land 1,890  
Initial Cost, Building 7,596  
Gross Carrying Amount, Land 1,890 [1]  
Gross Carrying Amount, Building 7,835 [1]  
Accumulated Depreciation- Building 893  
Encumbrances (Unpaid Principal) (10,575)  
Year of Acquisition 2011  
Life of Depreciation 40 years  
Runaway Bay Apartments
    
Real Estate and Accumulated Depreciation [Line Items]    
Description Multifamily  
Location Indianapolis, IN  
Initial Cost, Land 3,079  
Initial Cost, Building 12,318  
Gross Carrying Amount, Land 3,079 [1]  
Gross Carrying Amount, Building 12,324 [1]  
Accumulated Depreciation- Building 53  
Encumbrances (Unpaid Principal) (10,238)  
Year of Acquisition 2012  
Life of Depreciation 40 years  
Tresa At Arrowhead
    
Real Estate and Accumulated Depreciation [Line Items]    
Description Multifamily  
Location Phoenix, AZ  
Initial Cost, Land 7,080  
Initial Cost, Building 28,500  
Gross Carrying Amount, Land 7,080 [1]  
Gross Carrying Amount, Building 28,721 [1]  
Accumulated Depreciation- Building 2,675  
Encumbrances (Unpaid Principal) (27,500)  
Year of Acquisition 2011  
Life of Depreciation 40 years  
Centrepoint Apartments
    
Real Estate and Accumulated Depreciation [Line Items]    
Description Multifamily  
Location Tucson, AZ  
Initial Cost, Land 5,620  
Initial Cost, Building 22,720  
Gross Carrying Amount, Land 5,620 [1]  
Gross Carrying Amount, Building 22,809 [1]  
Accumulated Depreciation- Building 1,663  
Encumbrances (Unpaid Principal) (17,600)  
Year of Acquisition 2011  
Life of Depreciation 40 years  
Building
    
Real Estate and Accumulated Depreciation [Line Items]    
Cost of Improvements, net of Retirements 1,334  
Building | Crestmont Apartments
    
Real Estate and Accumulated Depreciation [Line Items]    
Cost of Improvements, net of Retirements 140  
Building | Copper Mill Apartments
    
Real Estate and Accumulated Depreciation [Line Items]    
Cost of Improvements, net of Retirements 233  
Building | Cumberland Glen Apartments
    
Real Estate and Accumulated Depreciation [Line Items]    
Cost of Improvements, net of Retirements 157  
Building | Heritage Trace Apartments
    
Real Estate and Accumulated Depreciation [Line Items]    
Cost of Improvements, net of Retirements 249  
Building | Belle Creek Apartments
    
Real Estate and Accumulated Depreciation [Line Items]    
Cost of Improvements, net of Retirements 239  
Building | Runaway Bay Apartments
    
Real Estate and Accumulated Depreciation [Line Items]    
Cost of Improvements, net of Retirements 6  
Building | Tresa At Arrowhead
    
Real Estate and Accumulated Depreciation [Line Items]    
Cost of Improvements, net of Retirements 221  
Building | Centrepoint Apartments
    
Real Estate and Accumulated Depreciation [Line Items]    
Cost of Improvements, net of Retirements $ 89  
[1] The aggregate cost basis for federal income tax purposes of our investments in real estate approximates the carrying amount at December 31, 2012.
[2] Assets and liabilities were recorded at our sponsor's carrying amount pursuant to Staff Accounting Bulletin Topic 5G and ASC 805-50-30-5.