Self Storage Facilities - Summary of Carrying Value of Real Estate Assets (Details) - USD ($) |
2 Months Ended | |
|---|---|---|
Mar. 31, 2016 |
Jan. 18, 2016 |
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| Real Estate [Abstract] | ||
| Beginning balance (Self storage facilities, at cost) | $ 23,668,445 | |
| Capital expenditures for office remodeling and equipment acquisition | 8,622 | |
| Ending balance (Self storage facilities, at cost) | 23,677,067 | |
| Land | 2,661,000 | $ 2,661,000 |
| Depreciation expense | (201,369) | |
| Ending balance, accumulated depreciation | (201,369) | |
| Beginning balance, construction in progress | 111,116 | |
| Current development | 229,793 | |
| Ending balance, construction in progress | 340,909 | |
| Fair value adjustment of wholly owned subsidiaries on the effective date of the change in status | 7,967,086 | |
| Self storage facilities, net | $ 34,444,693 |
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- Definition Development In Progress, Current No definition available.
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- Definition Real estate investment property at cost, capital expenditures for office remodeling and equipment acquisition. No definition available.
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- Definition Amount of addition (reduction) to the amount at which an asset could be incurred (settled) in a current transaction between willing parties. No definition available.
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- Definition The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The current amount of expenditures for a real estate project that has not yet been completed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount before accumulated depletion of real estate held for productive use, excluding land held for sale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition The cumulative amount of depreciation for real estate property held for investment purposes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of real estate investment property which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; and (7) other real estate investments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of real estate investment property, net of accumulated depreciation, which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; and (7) other real estate investments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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