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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
11 Months Ended 12 Months Ended
Dec. 31, 2016
Dec. 31, 2017
Cash flows from operating activities    
Net income (loss) $ 384,135 $ (146,290)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities    
Depreciation and amortization 952,507 1,699,555
Amortization of loan procurement costs 21,217 42,434
Cash from wholly owned subsidiaries consolidated upon change of status 464,586  
Realized gain from sale of investment securities (602,428)  
Changes in operating assets and liabilities:    
Restricted cash (54,054) (54,901)
Accounts receivable 15,416 54,318
Prepaid expenses and other assets (47,295) 43,215
Accounts payable and accrued expenses 174,196 231,461
Net cash provided by operating activities 1,308,280 1,869,792
Cash flows from investing activities    
Construction (2,470,685) (393,832)
Improvements and equipment additions (180,801) (259,078)
Acquisition of self storage properties (18,924,998)  
Proceeds from sale of investments 5,724,686 0
Net cash used in investing activities (15,851,798) (652,910)
Cash flows from financing activities    
Proceeds from note payable, net 19,353,754  
Dividends paid (1,928,359) (1,981,062)
Net cash (used in) provided by financing activities 17,425,395 (1,981,062)
Net (decrease) increase in cash and cash equivalents 2,881,877 (764,180)
Cash and cash equivalents, beginning of period 29,763 2,911,640
Cash and cash equivalents, end of period 2,911,640 2,147,460
Supplemental schedule of cash flow information    
Interest paid 435,502 $ 838,400
Supplemental schedule of noncash investing and financing activities    
Real estate assets, net 1,875,002  
Accounts payable and accrued expenses (900,000)  
Common stock and paid in capital $ (975,002)