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Investments in Real Estate - Additional Information (Detail) (USD $)
In Thousands, except Share data, unless otherwise specified
Mar. 31, 2013
Property
Dec. 31, 2012
Property
Apr. 29, 2011
Property
Mar. 31, 2013
Real Estate Investment
Property
Dec. 31, 2012
Real Estate Investment
Property
Dec. 16, 2011
Centrepoint Apartments
Property
Oct. 11, 2012
Runaway Bay Apartments
Property
Real Estate Properties [Line Items]              
Number of multifamily property owned 8 8   8 8    
Number of units located with multifamily properties 2,004 2,004 6 2,004 2,004 320 192
Purchased price of a property           $ 29,500 $ 15,750
Mortgage amount obtained           17,600 10,238
Cash paid for purchase of property             5,512
Contribution value of the initial portfolio     103,790        
Limited partner interests issued for acquisition of the initial portfolio     39,215        
Limited partner units issued for acquisition of the initial portfolio     3,921,500        
Additional Limited partner interests Value     1,250        
Additional Limited partner units     125,000        
Mortgage indebtedness of operating partnership     $ 64,575        
Limited partner interests issued           12,282  
Limited partner units issued           12,282,000