Annual report pursuant to Section 13 and 15(d)

Schedule III - Summary of Activity in Storage Properties (Details)

v3.20.2
Schedule III - Summary of Activity in Storage Properties (Details) - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Storage properties    
Balance at end of period $ 62,783,824  
Accumulated depreciation    
Balance at end of period (4,851,946)  
Self Storage Properties    
Storage properties    
Balance at beginning of period [1] 57,467,957 $ 57,303,425
Acquisitions and improvements [1] 7,364,681 164,532
Balance at end of period [1] 64,832,638 57,467,957
Accumulated depreciation    
Balance at beginning of period (3,656,220) [1] (2,257,862)
Depreciation expense [1] (1,424,265) (1,398,358)
Balance at end of period [1] (5,080,485) (3,656,220)
Storage properties, net [1] $ 59,752,153 $ 53,811,737
[1] These amounts include equipment that is housed at the Company’s properties and construction in progress which is excluded from Schedule III above.