Related Party Arrangements (Details 1) (USD $)
|
12 Months Ended | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 31, 2013
|
Dec. 31, 2012
|
Dec. 31, 2013
Advisor
|
Dec. 31, 2013
Advisor
Fees to Advisor - Asset Management
|
Dec. 31, 2013
Advisor
Fees to Advisor - Asset Management
Advisory fees-related party
|
Dec. 31, 2013
Advisor
Fees to Advisor - Asset Acquisition
Real estate debt investments, net
|
Dec. 31, 2013
Advisor
Fees to Advisor - Asset Disposition
Real estate debt investments, net
|
Dec. 31, 2013
Advisor
Operating Costs
General and administrative expenses
|
Dec. 31, 2013
Advisor
Organization and offering costs - Organization
General and administrative expenses
|
Dec. 31, 2013
Advisor
Organization and offering costs - Offering
Cost of capital
|
Dec. 31, 2013
Dealer Manager
Selling commissions / Dealer manager fees
Cost of capital
|
|
Related Party Transactions [Line Items] | |||||||||||
Fees and Reimbursements | $ 100,537 | $ 1,346,268 | $ 0 | $ 188,755 | $ 81,530 | $ 1,549,065 | $ 10,561,191 | ||||
Due to related party | 1,141,379 | 0 | 37,532 | 564,405 | 0 | 164,080 | 18,768 | 356,594 | 0 | ||
Allocable unreimbursed organization and offering costs | 1,800,000 | ||||||||||
Allocable unreimbursed operating costs | $ 4,400,000 | ||||||||||
Annual Asset Management Fee Rate (percent) | 1.00% |