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Summary of Related Party Costs (Detail) - USD ($)
9 Months Ended 12 Months Ended
Sep. 30, 2016
Dec. 31, 2015
Related Party Transaction [Line Items]    
Related party costs, Incurred $ 38,050,884 $ 25,164,607
Related party costs, Paid 35,487,164 29,280,359
Related party costs, Payable 2,772,203 208,483
Operating expenses (including organizational costs)    
Related Party Transaction [Line Items]    
Related party costs, Incurred 532,516 1,200,003
Related party costs, Paid 289,790 1,988,533
Related party costs, Payable 290,697 47,971
Asset management fees    
Related Party Transaction [Line Items]    
Related party costs, Incurred 1,930,642 865,757
Related party costs, Paid 1,838,664 888,011
Related party costs, Payable 91,978 0
Property management fees    
Related Party Transaction [Line Items]    
Related party costs, Incurred [1] 1,845,551 1,259,135
Related party costs, Paid [1] 1,762,972 1,306,422
Related party costs, Payable [1] 82,579 0
Acquisition expenses    
Related Party Transaction [Line Items]    
Related party costs, Incurred 9,007,362 2,776,679
Related party costs, Paid 9,007,362 3,479,712
Related party costs, Payable 0 0
Deferred financing costs    
Related Party Transaction [Line Items]    
Related party costs, Incurred 0 214,006
Related party costs, Paid 0 655,879
Related party costs, Payable 0 0
Other assets    
Related Party Transaction [Line Items]    
Related party costs, Incurred 0 77,556
Related party costs, Paid 0 539,048
Related party costs, Payable 0 0
Selling commissions    
Related Party Transaction [Line Items]    
Related party costs, Incurred [2] 19,167,697 14,761,271
Related party costs, Paid [2] 16,955,794 14,761,271
Related party costs, Payable [2] 2,211,903 0
Dealer Manager fee    
Related Party Transaction [Line Items]    
Related party costs, Incurred 5,225,303 3,690,318
Related party costs, Paid 5,290,769 3,535,685
Related party costs, Payable 95,046 160,512
Offering costs    
Related Party Transaction [Line Items]    
Related party costs, Incurred 341,813 319,882
Related party costs, Paid 341,813 2,125,798
Related party costs, Payable $ 0 $ 0
[1] During the year ended December 31, 2015, property management fees included approximately $0.3 million of fees paid to the sub-property manager of our properties. During the nine months ended September 30, 2016, property management fees included approximately $1.3 million of fees paid to the sub-property manager of our properties.
[2] The Company pays our Dealer Manager an ongoing stockholder servicing fee that is payable monthly and accrues daily in an amount equal to 1/365th of 1% of the purchase price per share of the Class T Shares sold in the Primary Offering. As of September 30, 2016, we had incurred approximately $2.5 million and paid approximately $0.3 million of such stockholder servicing fees.