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Related Party Arrangement, Fees and Expenses Incurred (Detail) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended 11 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Nov. 03, 2014
Related Party Transaction [Line Items]            
Asset management fees $ 5,085 $ 2,753 $ 13,426 $ 5,572    
Cash distributions on Restricted Stock     $ 18,816 $ 9,782    
Stock distributions, shares     3,200,000 1,600,000 0.0025 0.0025
Expense Support Agreements            
Related Party Transaction [Line Items]            
Asset management fees [1] $ 885 $ 884 $ 2,298 $ 3,764    
Then-current offering price [2] $ 10.58 $ 10.14 $ 10.58 $ 10.14 $ 10.58  
Restricted stock shares [3] 84,000 87,000 217,000 371,000    
Asset management fees [1] $ 8,566   $ 8,566   $ 8,566  
Expense Support Agreements | Restricted Stock            
Related Party Transaction [Line Items]            
Cash distributions on Restricted Stock [4] $ 75 $ 30 $ 197 $ 48    
Stock distributions, shares [5] 5,000 2,000 14,000 4,000    
Restricted stock shares [3] 828,000   828,000   828,000  
Cash distributions on Restricted Stock [4] $ 300   $ 300   $ 300  
Stock distributions on Restricted Stock [5] 21,000   21,000   21,000  
[1] No other amounts have been settled in accordance with the Expense Support Agreements for the quarter and nine months ended September 30, 2015 and 2014, and cumulatively as of September 30, 2015.
[2] During the Offerings, the then-current offering prices were based on the Company’s NAV per share as of the Determination Date, plus selling commissions and marketing support fees. Subsequent to the close of the Company’s Offerings, the then-current offering prices are based on the Company’s NAV per share as of the Determination Date.
[3] Restricted stock shares are comprised of approximately 0.08 million issuable to the Advisor as of September 30, 2015. No fair value was assigned to the restricted stock shares as the shares were valued at zero, which represents the lowest possible value estimated at vesting. In addition, the restricted stock shares were treated as unissued for financial reporting purposes because the vesting criteria had not been met through September 30, 2015.
[4] The cash distributions have been recognized as compensation expense as issued and included in general and administrative expense in the accompanying condensed consolidated statements of operations.
[5] The par value of the stock distributions has been recognized as compensation expense as issued and included in general and administrative expense in the accompanying condensed consolidated statements of operations.