Quarterly report pursuant to Section 13 or 15(d)

Real Estate Assets (Tables)

v3.19.3
Real Estate Assets (Tables)
9 Months Ended
Sep. 30, 2019
Real Estate [Abstract]  
Summary of Carrying Value of Real Estate Assets

The carrying value of the Company’s real estate assets is summarized as follows

 

 

 

September 30, 2019

 

 

December 31, 2018

 

Land

 

$

5,493,814

 

 

$

5,493,814

 

Buildings, improvements, and equipment

 

 

51,933,037

 

 

 

51,879,327

 

Construction in progress

 

 

519,198

 

 

 

94,816

 

Self storage properties

 

 

57,946,049

 

 

 

57,467,957

 

Less: Accumulated depreciation

 

 

(4,712,307

)

 

 

(3,656,220

)

Real estate assets, net

 

$

53,233,742

 

 

$

53,811,737