v3.8.0.1
Condensed Consolidated Statement of Stockholders' Equity - 9 months ended Sep. 30, 2017 - USD ($)
Total
Common Stock Class C [Member]
Common Stock Class S [Member]
Additional Paid-in Capital [Member]
Cumulative Distributions and Net Losses [Member]
Balance at Dec. 31, 2016 $ 22,231,106 $ 2,458 $ 0 $ 23,643,435 $ (1,414,787)
Balance (in shares) at Dec. 31, 2016   2,458,881 0    
Issuance of common stock 53,049,943 $ 5,302 $ 3 53,044,638 0
Issuance of common stock (in shares)   5,301,994 3,000    
Offering costs (1,593,899) $ 0 $ 0 (1,593,899) 0
Distributions declared (2,432,006) 0 0 0 (2,432,006)
Stock compensation expense 125,000 $ 12 $ 0 124,988 0
Stock compensation expense (in shares)   12,500 0    
Repurchase of common stock (1,561,201) $ (159) $ 0 (1,561,042) 0
Repurchase of common stock (in shares)   (160,863) 0    
Net loss (511,730) $ 0 $ 0 0 (511,730)
Reclassification to redeemable common stock (214,642) 0 0 (214,642) 0
Balance at Sep. 30, 2017 $ 69,092,571 $ 7,613 $ 3 $ 73,443,478 $ (4,358,523)
Balance (in shares) at Sep. 30, 2017   7,612,512 3,000