Quarterly report pursuant to Section 13 or 15(d)

Real Estate Assets (Tables)

v3.20.1
Real Estate Assets (Tables)
3 Months Ended
Mar. 31, 2020
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

 

 

 

March 31, 2020

 

 

December 31, 2019

 

Land

 

$

6,122,065

 

 

$

6,122,065

 

Buildings, improvements, and equipment

 

 

59,505,045

 

 

 

57,178,338

 

Construction in progress

 

 

5,658

 

 

 

1,532,235

 

Self storage properties

 

 

65,632,768

 

 

 

64,832,638

 

Less: Accumulated depreciation

 

 

(5,459,471

)

 

 

(5,080,485

)

Real estate assets, net

 

$

60,173,297

 

 

$

59,752,153