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Summary of Acquisitions (Detail) $ in Thousands | 9 Months Ended
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Sep. 30, 2017 USD ($) Property
Business Acquisition [Line Items] |  |
Units (unaudited) | Property | 1,621 |
Purchase Price | $ | $ 170,154 |
Lakes of Northdale | Tampa , FL |  |
Business Acquisition [Line Items] |  |
Date of Purchase | Feb. 27, 2017 |
Units (unaudited) | Property | 216 |
Purchase Price | $ | $ 29,750 |
Haverford Place | Lexington, KY |  |
Business Acquisition [Line Items] |  |
Date of Purchase | May 24, 2017 |
Units (unaudited) | Property | 160 |
Purchase Price | $ | $ 14,240 |
South Terrace | Durham, NC |  |
Business Acquisition [Line Items] |  |
Date of Purchase | Jun. 30, 2017 | [1]
Units (unaudited) | Property | 328 | [1]
Purchase Price | $ | $ 42,950 | [1]
Cherry Grove | North Myrtle Beach, SC |  |
Business Acquisition [Line Items] |  |
Date of Purchase | Sep. 26, 2017 | [2]
Units (unaudited) | Property | 172 | [2]
Purchase Price | $ | $ 16,157 | [2]
Riverchase | Indianapolis, IN |  |
Business Acquisition [Line Items] |  |
Date of Purchase | Sep. 26, 2017 | [2]
Units (unaudited) | Property | 217 | [2]
Purchase Price | $ | $ 18,899 | [2]
Kensington | Canal Winchester, OH |  |
Business Acquisition [Line Items] |  |
Date of Purchase | Sep. 26, 2017 | [2]
Units (unaudited) | Property | 264 | [2]
Purchase Price | $ | $ 24,409 | [2]
Schirm Farms | Canal Winchester, OH |  |
Business Acquisition [Line Items] |  |
Date of Purchase | Sep. 26, 2017 | [2]
Units (unaudited) | Property | 264 | [2]
Purchase Price | $ | $ 23,749 | [2]
[1] | This property was acquired from a joint venture of which our former advisor was a controlling member. See Note 8: Related Party Transactions and Arrangements. In conjunction with this acquisition, we issued IROP units to third parties that were members of the joint venture that owned the property. See Note 6: Shareholder Equity and Noncontrolling Interests.
[2] | These properties were acquired as the first phase of our acquisition of a nine-community portfolio, totaling 2,353 units, which we agreed to acquire on September 3, 2017 for a total purchase price of $228,144. In connection with the acquisition of these properties, we incurred defeasance costs totaling $2,781, which are included in Acquisition related debt extinguishment expenses within the Consolidated Statements of Operations.

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