Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2016

Fair Value Disclosures [Abstract]

Assets and Liabilities Carried at Fair Value Measured on Recurring Basis

The following table provides the assets and liabilities carried at fair value measured on a recurring basis as of March 31, 2016 and December 31, 2015:

March 31, 2016	Level 1		Level 2		Level 3		Total
Assets
Investments in securities	$	4,550,811	$	—	$	—	$	4,550,811
Total assets at fair value	$	4,550,811	$	—	$	—	$	4,550,811

December 31, 2015	Level 1		Level 2		Level 3		Total
Assets
Investments, at value
Wholly owned subsidiaries
Self storage facilities	$	—	$	—	$	34,600,000	$	34,600,000
Other		—		—		24,573		24,573
Common stocks		3,106,050		—		—		3,106,050
Preferred stocks		1,176,750		—		—		1,176,750
Other		—		—		—		—
Short term investments		3,526,337		—		—		3,526,337
Total assets at fair value	$	7,809,137	$	—	$	34,624,573	$	42,433,710