Schedule III, Real Estate and Related Depreciation

12 Months Ended

Dec. 31, 2020

Real Estate And Accumulated Depreciation Disclosure [Abstract]

Real Estate and Related Depreciation

GLOBAL SELF STORAGE, INC.

SCHEDULE III

REAL ESTATE AND RELATED DEPRECIATION

December 31, 2020

				Initial cost						Gross Carrying Amount at December 31, 2020
Description	Square Footage			Land		Buildings & Improvements		Costs Subsequent to Acquisition		Land		Buildings & Improvements		Total		Accumulated Depreciation
Clinton, CT (B)		30,408		$	356,040	$	3,108,285	$	14,197	$	356,040	$	3,122,482	$	3,478,522	$	309,989
Bolingbrook, IL (A)		113,700			633,914		5,491,409		2,456,374		633,914		7,947,783		8,581,697		1,006,053
Dolton, IL (A)		86,590			614,413		5,227,313		9,611		614,413		5,236,924		5,851,337		696,926
McCordsville, IN (B)		76,360			770,000		6,776,000		474,336		770,000		7,250,336		8,020,336		732,035
Merrillville, IN (A)		80,570			597,229		5,104,011		464,324		597,229		5,568,335		6,165,564		712,701
Millbrook, NY (B)		24,472			423,960		2,900,895		2,343,125		423,960		5,244,020		5,667,980		330,581
Rochester, NY (A)		68,126			571,583		5,227,630		22,503		571,583		5,250,133		5,821,716		656,730
Lima, OH (B)		98,055			530,000		4,664,000		112,915		530,000		4,776,915		5,306,915		514,747
Sadsburyville, PA (A)		78,857			462,749		5,146,579		28,362		462,749		5,174,941		5,637,690		687,125
Summerville, SC (A)		76,560	(1)		345,160		2,989,159		8,400		345,160		2,997,559		3,342,719		379,348
Summerville, SC (A)		42,760	(2)		188,766		1,605,405		14,725		188,766		1,620,130		1,808,896		205,853
West Henrietta, NY (B)		55,550			628,251		5,229,481		262,333		628,251		5,229,481		5,857,732		32,148
		832,008		$	6,122,065	$	53,470,167	$	6,211,205	$	6,122,065	$	59,419,039	$	65,541,104	$	6,264,236

(A) This property is held as collateral under the Loan Agreement with an outstanding balance of $18,847,475 as of December 31, 2020.

(B) This property is held as collateral under the Revolver with an outstanding balance of $5,144,000 as of December 31, 2020

(1) SSG Summerville I LLC.

(2) SSG Summerville II LLC

Activity in storage properties during the years ended December 31, 2020 and 2019 is as follows:

	2020			2019
Storage properties *
Balance at beginning of period	$	64,832,638		$	57,467,957
Acquisitions and improvements		1,607,345			7,364,681
Balance at end of period		66,439,983			64,832,638
Accumulated depreciation
Balance at beginning of period		(5,080,485	)		(3,656,220	)
Depreciation expense		(1,590,965	)		(1,424,265	)
Balance at end of period		(6,671,450	)		(5,080,485	)
Storage properties, net	$	59,768,533		$	59,752,153

* These amounts include equipment that is housed at the Company’s properties and construction in progress which is excluded from Schedule III above.

As of December 31, 2020, the aggregate cost of real estate for U.S. federal income tax purposes was $63,788,287.