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Mortgage Payable and Other Secured Financing - Summary of Partnerships' Mortgage Payable and Other Secured Financing, Net of Deferred Financing Costs (Details) - USD ($)
6 Months Ended 12 Months Ended
Jun. 30, 2020
Dec. 31, 2019
Mortgage Loans on Real Estate [Line Items]    
Outstanding Mortgage Payable, net $ 26,391,908 $ 26,802,246
Period End Rate 4.36% 4.74%
Tax Increment Financing [Member] | Real Estate [Member] | The 50/50 Student Housing--UNL [Member]    
Mortgage Loans on Real Estate [Line Items]    
Outstanding Mortgage Payable, net $ 2,680,578 $ 2,859,390
Year Acquired 2020 2014
Stated Maturity 2025-03 2020-03
Variable / Fixed Fixed Fixed
Period End Rate 4.40% 4.65%
Reset Frequency   N/A
Mortgages payable [Member] | Real Estate [Member] | The 50/50 Student Housing--UNL [Member]    
Mortgage Loans on Real Estate [Line Items]    
Outstanding Mortgage Payable, net $ 23,711,330 $ 23,942,856
Year Acquired 2020 2013
Stated Maturity 2027-04 2020-03
Variable / Fixed Fixed Variable
Period End Rate 4.35% 4.75%
Reset Frequency   Monthly
Variable Based Rate [1]   4.75%
[1] Variable rate is based on the Wall Street Journal Prime Rate, but not to exceed 5.0%.