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Real Estate Facilities - Summary of Relative Fair Values of Assets Acquired and Liabilities Assumed (Detail) - USD ($) | Dec. 31, 2022 | Jun. 01, 2022 | Nov. 10, 2020
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Assets Acquired: |  |  |  |  |
Buildings |  | $ 298,341,568 |  |  |
Total assets acquired | [1] | 308,795,566 |  |  |
Strategic Storage Trust IV, Inc. |  |  |  |  |
Assets Acquired: |  |  |  |  |
Land |  |  |  |  | $ 54,385,560
Buildings |  |  |  |  | 257,618,228
Site improvements |  |  |  |  | 12,340,848
Construction in progress |  |  |  |  | 1,467,090
Intangible assets |  |  |  |  | 20,052,449
Investments in real estate joint ventures |  |  |  |  | 17,495,254
Cash and cash equivalents, and restricted cash |  |  |  |  | 7,763,490
Other assets |  |  |  |  | 4,145,394
Total assets acquired |  |  |  |  | 375,268,313
Liabilities assumed: |  |  |  |  |
Debt | [2] |  |  |  | 81,165,978
Accounts payable and other liabilities |  |  |  |  | 8,074,162
Total liabilities assumed |  |  |  |  | 89,240,140
Total net assets acquired |  |  |  |  | $ 286,028,173
SSGT II Merger Agreement |  |  |  |  |
Assets Acquired: |  |  |  |  |
Land |  |  |  | $ 21,111,616 |
Buildings |  | 228,359,718 | [3] | 201,026,974 |
Site improvements |  |  |  | 6,221,128 |
Construction in progress |  |  |  | 252,925 |
Intangible assets | [4] |  |  | 15,688,002 |
Investments in real estate joint ventures |  |  |  | 7,394,539 |
Cash and cash equivalents, and restricted cash |  |  |  | 10,759,283 |
Other assets |  |  |  | 847,359 |
Total assets acquired |  | $ 236,092,680 | [1],[3] | 263,301,826 |
Liabilities assumed: |  |  |  |  |
Total liabilities assumed | [5] |  |  | 2,143,313 |
Total net assets acquired |  |  |  | $ 261,158,513 |
[1] | The allocations noted above are based on a determination of the relative fair value of the total consideration provided and represent the amount paid including capitalized acquisition costs.
[2] | Debt assumed includes approximately $40.5 million of debt on the KeyBank SST IV CMBS Loan, a $0.1 million fair market value discount on such debt, and the approximately $40.8 million SST IV TCF Loan. See Note 5 – Debt for additional information.
[3] | This acquisition consisted of ten properties, three in Florida, one in Wisconsin, two in Washington, one in Texas, one in California, one in Arizona, and one in Nevada. Other assets and liabilities were also acquired in this acquisition, which are not described immediately above; refer to the disclosure within this footnote to the financial statements further above for additional information.
[4] | (1) Approximately $8.0 million of the intangible assets acquired relates to the value of a purchase and sale agreement for the acquisition of a property in San Gabriel, CA that we assumed in the SSGT II Merger. The remainder of the intangible asset relates to value ascribed to the in-place leases on the properties acquired.
[5] | (2) Liabilities assumed represents accounts payable and other liabilities.

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