Subsequent Events (Details) (USD $)
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2 Months Ended | 12 Months Ended | 0 Months Ended | 2 Months Ended | 61 Months Ended | 12 Months Ended | 2 Months Ended | |||||||
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Mar. 04, 2014
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Dec. 31, 2013
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Nov. 13, 2013
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Feb. 27, 2014
Subsequent event
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Mar. 04, 2014
Subsequent event
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Mar. 04, 2014
Subsequent event
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Feb. 28, 2014
Subsequent event
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Dec. 31, 2013
Sponsor
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Mar. 04, 2014
Real estate debt
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Mar. 04, 2014
Real estate debt
First mortgage loans
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Mar. 04, 2014
Real estate equity
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Mar. 04, 2014
Real estate equity
Harvard Square
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Mar. 04, 2014
Real estate equity
Frisco
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Mar. 04, 2014
Real estate equity
Cheektowaga
|
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Subsequent events | ||||||||||||||
Line of Credit Facility, Maximum Borrowing Capacity | $ 200,000,000 | |||||||||||||
Investment Owned, Percent of Net Assets | 100.00% | |||||||||||||
Borrowing capacity | 100,000,000 | 100,000,000.0 | ||||||||||||
Number of shares issued (shares) | 6,464,123 | |||||||||||||
Value of common stock issued | 96,596,036 | 64,400,000 | 173,500,000 | |||||||||||
Daily amount of distribution accrued per share (in dollars per share) | $ 0.00184932 | $ 0.00184932 | ||||||||||||
Proceeds from Issuance of Common Stock | 94,052,300 | |||||||||||||
Ownership percentage by parent (percent) | 99.80% | |||||||||||||
Cost | $ 99,428,225 | $ 56,386,607.000 | $ 26,000,000 | $ 14,637,000 | $ 14,637,000 | $ 84,791,225 | $ 32,483,978 | $ 39,807,247 | $ 12,500,000 | |||||
Real Estate Consolidated Joint Venture Ownership Interest | 97.00% | 97.00% | 100.00% |