Schedule III, Real Estate and Related Depreciation

12 Months Ended

Dec. 31, 2021

Real Estate And Accumulated Depreciation Disclosure [Abstract]

Real Estate and Related Depreciation

GLOBAL SELF STORAGE, INC.

SCHEDULE III

REAL ESTATE AND RELATED DEPRECIATION

December 31, 2021

			Initial cost						Gross Carrying Amount at December 31, 2021
Description	Square Footage		Land		Buildings & Improvements		Costs Subsequent to Acquisition		Land		Buildings & Improvements		Total		Accumulated Depreciation
Clinton, CT (A)		30,408	$	356,040	$	3,108,285	$	31,585	$	356,040	$	3,139,870	$	3,495,910	$	388,093
Bolingbrook, IL (B)		113,700		633,914		5,491,409		2,472,375		633,914		7,963,784		8,597,698		1,214,464
Dolton, IL (B)		86,590		614,413		5,227,313		17,411		614,413		5,244,724		5,859,137		835,749
McCordsville, IN (A)		76,360		770,000		6,776,000		479,652		770,000		7,255,652		8,025,652		913,388
Merrillville, IN (B)		80,970		597,229		5,104,011		464,538		597,229		5,568,549		6,165,778		859,562
Millbrook, NY (A)		24,472		423,960		2,900,895		2,343,125		423,960		5,244,020		5,667,980		464,274
Rochester, NY (B)		68,131		571,583		5,227,630		33,415		571,583		5,261,045		5,832,628		795,872
Lima, OH (A)		96,883		530,000		4,664,000		240,444		530,000		4,904,444		5,434,444		635,353
Sadsburyville, PA (B)		78,857		462,749		5,146,579		34,833		462,749		5,181,412		5,644,161		825,155
Summerville, SC (B) (1)		76,410		345,160		2,989,159		67,078		345,160		3,056,237		3,401,397		460,354
Summerville, SC (B) (2)		42,860		188,766		1,605,405		17,558		188,766		1,622,963		1,811,729		248,505
West Henrietta, NY (A)		55,550		628,251		5,229,481		262,333		628,251		5,491,814		6,120,065		170,667
		831,191	$	6,122,065	$	53,470,167	$	6,464,347	$	6,122,065	$	59,934,514	$	66,056,579	$	7,811,436

(A)This property is held as collateral under the Revolver. There was no outstanding balance under the Revolver as of December 31, 2021.

(B)This property is held as collateral under the Loan Agreement with an outstanding balance of $18,335,407 as of December 31, 2021

(1)SSG Summerville I LLC.

(2)SSG Summerville II LLC

Activity in storage properties during the years ended December 31, 2021 and 2020is as follows:

	2021			2020
Storage properties *
Balance at beginning of period	$	66,439,983		$	64,832,638
Acquisitions and improvements		253,142			1,607,345
Balance at end of period		66,693,125			66,439,983
Accumulated depreciation
Balance at beginning of period		(6,671,450	)		(5,080,485	)
Depreciation expense		(1,631,609	)		(1,590,965	)
Balance at end of period		(8,303,059	)		(6,671,450	)
Storage properties, net	$	58,390,066		$	59,768,533

* These amounts include equipment that is housed at the Company’s properties and construction in progress which is excluded from Schedule III above.

As of December 31, 2021, the aggregate cost of real estate for U.S. federal income tax purposes was $64,041,428.