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CONSOLIDATED BALANCE SHEET
Jun. 30, 2016
USD ($)
Assets  
Self storage facilities, net $ 35,162,240
Cash and cash equivalents 21,606,751
Investments in securities 4,347,513
Accounts receivable 95,354
Prepaid expenses and other assets 192,599
Total assets 61,404,457
Liabilities and equity  
Note payable 19,267,449
Accounts payable and accrued expenses 763,760
Total liabilities 20,031,209
Commitments and contingencies
Equity  
Common stock, $0.01 par value, 19,900,000 shares authorized; 7,416,766 issued and outstanding 74,168
Series A participating preferred stock, $0.01 par value, 100,000 shares authorized: zero shares issued and outstanding
Additional paid in capital 32,908,888
Accumulated comprehensive income 1,899,658
Retained earnings 6,490,534
Total equity 41,373,248
Total liabilities and equity $ 61,404,457