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Consolidated Balance Sheets - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Real estate facilities:    
Land $ 430,868,563 $ 420,522,591
Buildings 1,401,981,394 1,377,311,421
Site improvements 91,896,415 89,371,633
Real estate investment property, gross 1,924,746,372 1,887,205,645
Accumulated depreciation (255,844,284) (202,682,688)
Real estate investment property 1,668,902,088 1,684,522,957
Construction in process 5,976,946 4,490,926
Real estate facilities, net 1,674,879,034 1,689,013,883
Cash and cash equivalents 45,079,371 39,486,588
Restricted cash 8,347,805 6,551,803
Investments in unconsolidated real estate ventures (Note 4) 35,831,600 28,522,082
Investments in and advances to Managed REITs 34,390,866 62,371,167
Deferred tax assets 4,449,665 0
Other assets, net 21,701,107 34,131,543
Intangible assets, net of accumulated amortization 1,170,100 15,553,303
Trademarks, net of accumulated amortization 15,770,588 15,911,765
Goodwill 53,643,331 53,643,331
Debt issuance costs, net of accumulated amortization 377,258 2,031,922
Total assets [1] 1,895,640,725 1,947,217,387
LIABILITIES, TEMPORARY EQUITY, AND EQUITY    
Debt, net 1,087,401,334 1,068,371,956
Accounts payable and accrued liabilities 28,977,714 28,151,741
Due to affiliates 415,980 409,730
Distributions payable 9,155,808 9,324,453
Deferred tax liabilities 6,193,675 6,205,620
Total liabilities 1,132,144,511 1,112,463,500
Commitments and contingencies (Note 12)
Equity:    
Additional paid-in capital 894,856,554 894,283,954
Distributions (324,190,556) (266,151,517)
Accumulated deficit (167,270,293) (164,524,595)
Accumulated other comprehensive income 847,183 3,654,682
Total SmartStop Self Storage REIT, Inc. equity 404,339,764 467,359,462
Noncontrolling interests in our Operating Partnership 91,488,207 94,405,766
Other noncontrolling interests 34,941 54,479
Total noncontrolling interests 91,523,148 94,460,245
Total equity 495,862,912 561,819,707
Total liabilities and equity 1,895,640,725 1,947,217,387
Redeemable Common Stock    
LIABILITIES, TEMPORARY EQUITY, AND EQUITY    
Redeemable common stock / Preferred stock 71,277,195 76,578,073
Series A Convertible Preferred Stock    
LIABILITIES, TEMPORARY EQUITY, AND EQUITY    
Redeemable common stock / Preferred stock 196,356,107 196,356,107
Class A Common stock    
Equity:    
Common stock, value 88,762 88,853
Class T Common stock    
Equity:    
Common stock, value $ 8,114 $ 8,085
[1] Other than our investments in and advances to Managed REITs and investments in JV properties, substantially all of our investments in real estate facilities and intangible assets as of December 31, 2023 and 2022, respectively, were associated with our self storage platform.