Real Estate Assets (Tables)

3 Months Ended

Mar. 31, 2020

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

	March 31, 2020			December 31, 2019
Land	$	6,122,065		$	6,122,065
Buildings, improvements, and equipment		59,505,045			57,178,338
Construction in progress		5,658			1,532,235
Self storage properties		65,632,768			64,832,638
Less: Accumulated depreciation		(5,459,471	)		(5,080,485	)
Real estate assets, net	$	60,173,297		$	59,752,153