COMBINED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)	Jun. 30, 2015	Dec. 31, 2014
Operating Real Estate Investments
Land (including from VIEs of $163,630,000 and $127,740,000, respectively)	$ 165,210,000	$ 129,320,000
Buildings and improvements (including from VIEs of $631,369,109 and $479,904,527, respectively)	639,751,506	488,260,399
Intangible lease assets (including from VIEs of $4,832,000 and $17,594,000, respectively)	4,832,000	17,884,000
Construction in progress (including from VIEs of $9,703,550 and $6,529,884, respectively)	9,754,658	6,529,884
Furniture, fixtures, and equipment (including from VIEs of $14,336,658 and $7,886,210, respectively)	14,818,049	8,319,564
Total Gross Operating Real Estate Investments	834,366,213	650,313,847
Accumulated depreciation and amortization (including from VIEs of $25,035,193 and $21,109,832, respectively)	(25,564,246)	(21,787,940)
Total Net Operating Real Estate Investments	808,801,967	628,525,907
Cash and cash equivalents (including from VIEs of $21,754,567 and $11,868,779, respectively)	24,156,124	12,661,535
Restricted cash (including from VIEs of $56,832,772 and $47,192,578, respectively)	57,627,898	47,817,342
Accounts receivable (including from VIEs of $1,789,384 and $1,134,869, respectively)	1,818,624	1,151,225
Prepaid and other assets (including from VIEs of $3,008,256 and $2,545,660, respectively)	5,064,393	2,568,933
Deferred financing costs, net (including from VIEs of $5,453,716 and $4,535,381, respectively)	5,611,170	4,632,429
TOTAL ASSETS	903,080,176	697,357,371
LIABILITIES AND EQUITY
Mortgages payable (including from VIEs of $615,120,482 and $480,976,130, respectively)	623,520,482	486,976,130
Accounts payable and other accrued liabilities (including from VIEs of $4,609,615 and $5,322,045, respectively)	4,697,373	5,642,297
Accrued real estate taxes payable (including from VIEs of $5,144,153 and $3,858,836, respectively)	5,227,337	3,858,836
Accrued interest payable (including from VIEs of $1,246,261 and $1,030,962, respectively)	1,263,089	1,030,962
Security deposit liability (including from VIEs of $1,465,732 and $1,484,004, respectively)	1,496,363	1,513,431
Prepaid rents (including from VIEs of $1,090,643 and $760,046, respectively)	1,100,986	791,810
Dividend payable	4,386,528
Due to affiliates (including from VIEs of $474,286 and $20,000, respectively)	474,286	20,000
Total Liabilities	$ 642,166,444	499,833,466
Invested Equity		$ 176,549,066
NexPoint Residential Trust, Inc. stockholders' equity:
Preferred Stock: 100,000,000 shares authorized and 0 shares issued at par value $0.01
Common Stock: 500,000,000 shares authorized and 21,293,825 shares issued at par value $0.01	$ 212,938
Additional paid-in capital	240,775,201
Accumulated deficit	(6,639,149)
Accumulated other comprehensive loss	(701,491)	$ (305,860)
Noncontrolling interests	27,266,233	21,280,699
Total Equity	260,913,732	197,523,905
TOTAL LIABILITIES AND EQUITY	$ 903,080,176	$ 697,357,371