Real Estate Assets (Tables)

6 Months Ended

Jun. 30, 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

	June 30, 2020			December 31, 2019
Land	$	6,122,065		$	6,122,065
Buildings, improvements, and equipment		59,808,351			57,178,338
Construction in progress		46,187			1,532,235
Self storage properties		65,976,603			64,832,638
Less: Accumulated depreciation		(5,858,856	)		(5,080,485	)
Real estate assets, net	$	60,117,747		$	59,752,153