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Consolidated Balance Sheets - USD ($)
Jun. 30, 2023
Dec. 31, 2022
Real estate facilities:    
Land $ 421,441,836 $ 420,522,591
Buildings 1,385,188,493 1,377,311,421
Site improvements 90,678,404 89,371,633
Real estate investment property, gross 1,897,308,733 1,887,205,645
Accumulated depreciation (229,494,655) (202,682,688)
Real estate investment property 1,667,814,078 1,684,522,957
Construction in process 6,754,649 4,490,926
Real estate facilities, net 1,674,568,727 1,689,013,883
Cash and cash equivalents 34,058,603 39,486,588
Restricted cash 8,572,010 6,551,803
Investments in unconsolidated real estate ventures (Note 4) 34,539,440 28,522,082
Investments in and advances to Managed REITs 35,666,042 62,371,167
Other assets, net 24,128,677 34,131,543
Intangible assets, net of accumulated amortization 11,894,555 15,553,303
Trademarks, net of accumulated amortization 15,841,176 15,911,765
Goodwill 53,643,331 53,643,331
Debt issuance costs, net of accumulated amortization 1,199,845 2,031,922
Total assets [1] 1,894,112,406 1,947,217,387
LIABILITIES, TEMPORARY EQUITY, AND EQUITY    
Debt, net 1,040,604,660 1,068,371,956
Accounts payable and accrued liabilities 40,526,407 28,151,741
Due to affiliates 412,980 409,730
Distributions payable 8,842,296 9,324,453
Deferred tax liabilities 6,162,844 6,205,620
Total liabilities 1,096,549,187 1,112,463,500
Commitments and contingencies (Note 12)
Equity:    
Additional paid-in capital 894,582,863 894,283,954
Distributions (294,916,254) (266,151,517)
Accumulated deficit (165,521,154) (164,524,595)
Accumulated other comprehensive income 3,158,859 3,654,682
Total SmartStop Self Storage REIT, Inc. equity 437,401,364 467,359,462
Noncontrolling interests in our Operating Partnership 93,006,132 94,405,766
Other noncontrolling interests 200,086 54,479
Total noncontrolling interests 93,206,218 94,460,245
Total equity 530,607,582 561,819,707
Total liabilities, temporary equity and equity 1,894,112,406 1,947,217,387
Class A Common stock    
Equity:    
Common stock, value 88,937 88,853
Class T Common stock    
Equity:    
Common stock, value 8,113 8,085
Series A Convertible Preferred Stock    
LIABILITIES, TEMPORARY EQUITY, AND EQUITY    
Redeemable common stock 196,356,107 196,356,107
Redeemable Common Stock    
LIABILITIES, TEMPORARY EQUITY, AND EQUITY    
Redeemable common stock $ 70,599,530 $ 76,578,073
[1] Other than our investments in and advances to Managed REITs, substantially all of our investments in real estate facilities and intangible assets as of December 31, 2022 and June 30, 2023, respectively, were associated with our self storage platform