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Consolidated Statements of Cash Flows Statement - USD ($)
5 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2015
Statement of Cash Flows [Abstract]    
Net loss $ 0 $ (10,824,297)
Depreciation of building 0 712,889
Amortization of intangibles 0 1,164,434
Amortization of below market lease 0 (562,248)
Amortization of deferred financing costs 0 192,116
Deferred rent 0 (165,891)
Other assets, net 0 (2,009,230)
Accounts payable and other liabilities 0 1,679,482
Due to affiliates, net 0 7,307,122
Net cash used in operating activities 0 (2,505,623)
Acquisition of property, net 0 (343,261,200)
Real estate acquisition deposits 0 (500,000)
Net cash used in investing activities 0 (343,761,200)
Proceeds from borrowings - Credit Facility 0 195,900,000
Deferred financing costs 0 (51,157)
Issuance of common stock, net of discounts and offering costs 0 117,425,489
Issuance of preferred equity subject to redemption 0 32,560,000
Distributions paid to common stockholders 0 (519,689)
Distributions paid to noncontrolling interests 0 (5,485)
Net cash provided by financing activities 0 345,309,158
Net decrease in cash and cash equivalents 0 (957,665)
Cash and cash equivalents at the beginning of the period   6,171,317
Cash and cash equivalents at the end of the period 201,000 5,213,652
Cash paid for interest 0 207,472
Increase in distributions payable - common stock 0 215,913
Decrease in distributions payable - noncontrolling interests 0 (30)
Increase in distributions payable - preferred units 0 21,193
Common stock issued pursuant to the distribution reinvestment plan $ 0 $ 1,152,647