Mortgage Notes Payable and Line of Credit - Summary of Interest Rate Cap Agreement (Detail) - Interest Rate Cap [Member] - USD ($) |
6 Months Ended | 12 Months Ended |
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Jun. 30, 2015 |
Dec. 31, 2014 |
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| Debt Instrument [Line Items] | ||
| Date of Issuance | Nov. 26, 2013 | |
| Notional Amount | $ 8,200,000 | |
| LIBOR Cap | 3.00% | |
| Maturity Date | Dec. 01, 2016 | |
| Cost | $ 31,000 | $ 31,000 |
| Fair Value | $ 4,000 |
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- Definition Aggregate notional amount specified by the derivative(s). Expressed as an absolute value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Date the debt instrument was issued, in CCYY-MM-DD format. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Cap rate on an interest rate derivative such as an interest rate cap or collar. If market rates exceed the cap rate, a payment or receipt is triggered on the contract. No definition available.
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- Definition The premium (cost) of a hedge, expensed during the period. No definition available.
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- Definition Date the derivative contract matures, in CCYY-MM-DD format. No definition available.
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- Definition Fair value of all derivatives designated as interest rate fair value hedging instruments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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