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Shareholders' Equity - Additional Information (Detail) - USD ($)
3 Months Ended 6 Months Ended
Apr. 29, 2016
Apr. 22, 2016
Mar. 14, 2016
Feb. 23, 2016
Feb. 22, 2016
Feb. 12, 2016
Sep. 17, 2015
Mar. 31, 2015
Mar. 31, 2016
Mar. 31, 2015
Sep. 30, 2015
Dec. 31, 2015
Jun. 13, 2014
Nov. 21, 2012
Class of Stock [Line Items]                            
Common stock, dividend declared     $ 0.09                      
Common stock, dividend paid                 $ 8,548,000          
Annual incentive compensation plan description                 On March 31, 2015, the compensation committee adopted a 2015 Annual Incentive Compensation Plan, or the annual cash bonus plan, and made awards to three of our executive officers, or the eligible officers, setting forth the basis on which 2015 target cash bonus awards are earned. In addition, the compensation committee adopted a 2015 Long Term Incentive Plan, or the LTIP, and made awards, or the 2015 awards, to the eligible officers setting forth the basis on which the eligible officers could earn equity compensation for the years 2015 through 2018. Pursuant to the LTIP, each eligible officer was granted an initial long term equity award, consisting of both a performance share unit award for a three year performance period and an annual restricted share award vesting over a four year period. Three components of the performance share unit award have market conditions and had grant date fair values of $3.35, $3.26 and $2.17 per share. Both the annual cash bonus plan and the LTIP were adopted pursuant to our 2012 Incentive Award Plan. For the three months ended March 31, 2016, we recorded $122 of compensation expense related to the LTIP.          
Compensation expense                 $ 7,075,000 $ 6,108,000        
Common shares pursuant to the DRSPP                 2,527          
Net proceeds received                 $ 6,000          
Common shares remaining available under the DRSPP                 7,759,195          
Jones Trading Institutional Services LLC                            
Class of Stock [Line Items]                            
Common shares, shares issued                 0          
Common shares remaining available for issuance                 7,918,919          
Jones Trading Institutional Services LLC | Maximum                            
Class of Stock [Line Items]                            
Common shares to be issued and sold                           10,000,000
IRT                            
Class of Stock [Line Items]                            
Shares outstanding                 7,269,719     7,269,719    
Ownership percentage                 15.40%     15.50%    
IRT | Trade Street Residential, Inc                            
Class of Stock [Line Items]                            
Common stock issued in connection with merger             15,110,994              
IROP | Trade Street Residential, Inc                            
Class of Stock [Line Items]                            
Common stock issued in connection with merger             1,925,419              
Long Term Incentive Compensation Plan Ltip                            
Class of Stock [Line Items]                            
Compensation expense                     $ 122,000      
Short Term Annual Cash Bonus Plan | Tranche One                            
Class of Stock [Line Items]                            
Percentage of target awards payable                   75.00%        
Percentage of cash available for distribution                   35.00%        
Percentage of adjusted book value                   20.00%        
Percentage of return on equity                   20.00%        
Short Term Annual Cash Bonus Plan | Tranche Two                            
Class of Stock [Line Items]                            
Percentage of target awards payable                   25.00%        
Short Term Annual Cash Bonus Plan | Minimum Performance Target                            
Class of Stock [Line Items]                            
Target incentive opportunity payable percentage                   50.00%        
Short Term Annual Cash Bonus Plan | Target Performance Target                            
Class of Stock [Line Items]                            
Target incentive opportunity payable percentage                   100.00%        
Short Term Annual Cash Bonus Plan | Maximum Performance Target                            
Class of Stock [Line Items]                            
Target incentive opportunity payable percentage                   150.00%        
LTIP | Performance Based Long Term Incentive Plan                            
Class of Stock [Line Items]                            
Vesting period               3 years            
Compensation awarded, Percentage of award               75.00%            
LTIP | Time Based Long Term Incentive Plan                            
Class of Stock [Line Items]                            
Vesting period               3 years            
Compensation awarded, Percentage of award               25.00%            
LTIP | Peer Group of Public Companies Over The Same Period                            
Class of Stock [Line Items]                            
Equity award target percentage               40.00%            
LTIP | TSR for the NAREIT Mortgage Index                            
Class of Stock [Line Items]                            
Equity award target percentage               20.00%            
LTIP | Absolute TSR                            
Class of Stock [Line Items]                            
Equity award target percentage               20.00%            
LTIP | Strategic Objective                            
Class of Stock [Line Items]                            
Equity award target percentage               20.00%            
Non-management trustees                            
Class of Stock [Line Items]                            
Number of shares awarded, share       168,776                    
Number of shares awarded, value       $ 400,000                    
Closing stock price       $ 2.37                    
Vesting period       3 years                    
Subsequent Event                            
Class of Stock [Line Items]                            
Common stock, dividend paid $ 8,200,000                          
Restricted Stock                            
Class of Stock [Line Items]                            
Common stock, dividend paid                 $ 348,000          
Restricted Stock | IRT                            
Class of Stock [Line Items]                            
Number of shares awarded, value           $ 1,306,000                
Closing stock price           $ 6.22                
Vesting period           3 years                
Number of shares awarded, share           210,000                
Restricted Stock | Non Executive Officer                            
Class of Stock [Line Items]                            
Number of shares awarded, share         367,000                  
Number of shares awarded, value         $ 873,000                  
Closing stock price         $ 2.38                  
Vesting period         3 years                  
Restricted Stock | Subsequent Event                            
Class of Stock [Line Items]                            
Vesting period   4 years                        
Stock Appreciation Rights (SARs) | Non Executive Officer                            
Class of Stock [Line Items]                            
Number of shares awarded, share         895,000                  
Number of shares awarded, value         $ 206,000                  
Vesting period         3 years                  
Expiration date         Feb. 22, 2021                  
Performance Shares Component One | Long Term Incentive Compensation Plan Ltip                            
Class of Stock [Line Items]                            
Grant date fair value per share                 $ 3.35          
Performance Shares Component Two | Long Term Incentive Compensation Plan Ltip                            
Class of Stock [Line Items]                            
Grant date fair value per share                 3.26          
Performance Shares Component Three | Long Term Incentive Compensation Plan Ltip                            
Class of Stock [Line Items]                            
Grant date fair value per share                 $ 2.17          
Performance Shares | Subsequent Event                            
Class of Stock [Line Items]                            
Performance period   3 years                        
Performance period earliest date   Jan. 01, 2016                        
Performance period latest date   Dec. 31, 2018                        
Dividend Reinvestment And Share Purchase Plan                            
Class of Stock [Line Items]                            
Registered and reserved common shares                 10,500,000          
Weighted-average price per shares                 $ 2.56          
Preferred Stock                            
Class of Stock [Line Items]                            
Preferred shares aggregate amount to be issued and sold                         $ 150,000,000  
Preferred Stock | 7.75% Series A Cumulative Redeemable Preferred Stock                            
Class of Stock [Line Items]                            
Preferred shares authorized to be issued under agreement                         4,000,000  
Dividend payment date                 Mar. 31, 2016          
Dividend record date                 Mar. 01, 2016          
Preferred Stock | 8.375% Series B Cumulative Redeemable Preferred Stock                            
Class of Stock [Line Items]                            
Preferred shares authorized to be issued under agreement                         1,000,000  
Dividend payment date                 Mar. 31, 2016          
Dividend record date                 Mar. 01, 2016          
Preferred Stock | 8.875% Series C Cumulative Redeemable Preferred Stock                            
Class of Stock [Line Items]                            
Preferred shares authorized to be issued under agreement                         1,000,000  
Dividend payment date                 Mar. 31, 2016          
Dividend record date                 Mar. 01, 2016          
Preferred Stock | 7.75% Series A cumulative redeemable preferred shares                            
Class of Stock [Line Items]                            
Aggregate of Series A,B,C Preferred Shares available for issuance                 2,763,204          
Preferred Stock | 8.375% Series B cumulative redeemable preferred shares                            
Class of Stock [Line Items]                            
Aggregate of Series A,B,C Preferred Shares available for issuance                 947,496          
Preferred Stock | 8.875% Series C cumulative redeemable preferred shares                            
Class of Stock [Line Items]                            
Aggregate of Series A,B,C Preferred Shares available for issuance                 999,675          
Common Shares                            
Class of Stock [Line Items]                            
Dividend payment date     Apr. 29, 2016                      
Dividend record date     Apr. 08, 2016                      
Common shares, shares issued                 2,527