RELATED PARTY TRANSACTIONS (Details Textual) - USD ($) |
3 Months Ended | 12 Months Ended | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
Mar. 31, 2018 |
Mar. 31, 2017 |
Dec. 31, 2017 |
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| Related Party Transaction [Line Items] | ||||||||||
| Due to Related Parties | $ 493,915 | $ 907,377 | ||||||||
| Property Management Fees Percentage | 1.50% | |||||||||
| Operating Expenses Reimbursement, Maximum Limit Reimbursements | Under the Companys charter, total operating expenses of the Company are limited to the greater of 2% of average invested assets or 25% of net income for the four most recently completed fiscal quarters (the 2%/25% Limitation). | |||||||||
| Subordinated Participation Fee Description | (i) 30% of the product of (a) the difference of (x) the Preliminary NAV per share minus (y) the Highest Prior NAV per share, multiplied by (b) the number of shares outstanding as of December 31 of the relevant annual period, but only if this results in a positive number, plus (ii) 30% of the product of: (a) the amount by which aggregate distributions to stockholders during the annual period, excluding return of capital distributions, divided by the weighted average number of shares outstanding for the annual period, exceed the Preferred Return, multiplied by (b) the weighted average number of shares outstanding for the annual period calculated on a monthly-basis. | |||||||||
| Share-based Compensation | $ 38,190 | $ 30,000 | ||||||||
| Common Class C [Member] | ||||||||||
| Related Party Transaction [Line Items] | ||||||||||
| Stock Issued During Period, Shares, Other | 6,075 | |||||||||
| Advisor [Member] | ||||||||||
| Related Party Transaction [Line Items] | ||||||||||
| Acquisition Fees Description | The Company shall pay the Advisor a fee in an amount equal to 3.0% of the contract purchase price of the Companys properties, as defined, as acquisition fees. The total of all acquisition fees and acquisition expenses shall be reasonable and shall not exceed 6.0% of the contract price of the property. | |||||||||
| Financing Coordination Fees Percentage | 1.00% | |||||||||
| Disposition Fees Description | the Company shall pay to its Advisor or one of its affiliates 3.0% of the contract sales price, as defined, of each property sold; provided, however, that if, in connection with such disposition, commissions are paid to third parties unaffiliated with the Companys Advisor or its affiliates, the disposition fees paid to its Advisor, its Sponsor, their affiliates and unaffiliated third parties may not exceed the lesser of the competitive real estate commission or 6% of the contract sales price. | |||||||||
| Leasing Commission Fees Description | the Company shall pay to the Advisor or such affiliate leasing commissions equal to 6.0% of the rents due pursuant to such lease for the first ten years of the lease term; provided, however (i) if the term of the lease is less than ten years, such commission percentage will apply to the full term of the lease and (ii) any rents due under a renewal of a lease of an existing tenant upon expiration of the initial lease agreement (including any extensions provided for thereunder) shall accrue a commission of 3.0% in lieu of the aforementioned 6.0% commission. | |||||||||
| Due to Affiliates [Member] | ||||||||||
| Related Party Transaction [Line Items] | ||||||||||
| Due to Related Parties | $ 16,892 | |||||||||
| Reimbursable Organizational and Offering Expenses [Member] | ||||||||||
| Related Party Transaction [Line Items] | ||||||||||
| Due to Related Parties | [1] | 16,892 | $ 15,945 | |||||||
| Accrual organization and offering cost | $ 3,136,814 | |||||||||
| Reimbursable Organizational and Offering Expenses [Member] | Sponsor [Member] | ||||||||||
| Related Party Transaction [Line Items] | ||||||||||
| Gross Offering Proceeds Percentage | 3.00% | |||||||||
| Reimbursable Organizational and Offering Expenses [Member] | Due to Affiliates [Member] | ||||||||||
| Related Party Transaction [Line Items] | ||||||||||
| Related Party Transaction, Expenses from Transactions with Related Party | $ 3,153,706 | |||||||||
| Waiver Of Assets Management Fees [Member] | ||||||||||
| Related Party Transaction [Line Items] | ||||||||||
| Due to Related Parties | [2] | $ 0 | 0 | |||||||
| Asset Management Fees Waive Percentage | 0.025% | |||||||||
| Monthly Asset Management Fees Waive Percentage | 0.025% | |||||||||
| Related Party Transaction, Other Revenues from Transactions with Related Party | $ 0 | 27,824 | ||||||||
| Related Party Transaction, Expenses from Transactions with Related Party | 0 | 27,824 | ||||||||
| Expense reimbursement from Sponsor [Member] | ||||||||||
| Related Party Transaction [Line Items] | ||||||||||
| Due to Related Parties | [3] | 0 | 0 | |||||||
| Legal Fees | 48,422 | |||||||||
| Rich Uncles REIT I [Member] | ||||||||||
| Related Party Transaction [Line Items] | ||||||||||
| Accrual organization and offering cost, Related Party | 7,250,015 | |||||||||
| Asset Management Fees [Member] | ||||||||||
| Related Party Transaction [Line Items] | ||||||||||
| Due to Related Parties | [2] | 460,389 | 567,661 | |||||||
| Related Party Transaction, Expenses from Transactions with Related Party | 401,315 | $ 111,298 | ||||||||
| Asset Management Fees [Member] | Advisor [Member] | ||||||||||
| Related Party Transaction [Line Items] | ||||||||||
| Related Party Transaction, Expenses from Transactions with Related Party | 47,984 | |||||||||
| Subordinated participation fees [Member] | ||||||||||
| Related Party Transaction [Line Items] | ||||||||||
| Due to Related Parties | $ 0 | 315,802 | ||||||||
| Related Party Transaction, Expenses from Transactions with Related Party | $ 315,802 | |||||||||
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