Real Estate Assets (Tables)

9 Months Ended

Sep. 30, 2019

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

	September 30, 2019			December 31, 2018
Land	$	5,493,814		$	5,493,814
Buildings, improvements, and equipment		51,933,037			51,879,327
Construction in progress		519,198			94,816
Self storage properties		57,946,049			57,467,957
Less: Accumulated depreciation		(4,712,307	)		(3,656,220	)
Real estate assets, net	$	53,233,742		$	53,811,737