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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:      
Total revenues $ 232,991,744 $ 212,643,094 $ 168,764,571
Operating expenses:      
General and administrative 27,451,533 28,253,905 23,265,196
Depreciation 53,636,353 49,417,679 40,946,406
Intangible amortization expense 6,593,853 15,200,854 12,422,205
Acquisition expenses 192,358 888,009 934,838
Contingent earnout adjustment 0 1,514,447 12,619,744
Write-off of equity interest and preexisting relationships upon acquisition of control 0 2,049,682 8,389,573
Total operating expenses 162,366,808 162,875,473 152,435,452
Gain on equity interests upon acquisition 0 16,101,237  
Gain on sale of real estate 0 0 178,631
Income from operations 70,624,936 65,868,858 16,507,750
Other income (expense):      
Other, net 3,128,867 841,401 (937,631)
Interest expense (61,804,621) (41,511,911) (33,383,604)
Net loss on extinguishment of debt 0 (2,393,475) (2,444,788)
Income tax (expense) benefit 2,595,856 554,785 1,811,275
Net income (loss) 11,646,760 21,669,452 (19,564,718)
Net (income) loss attributable to noncontrolling interests (1,892,458) (2,847,572) 2,663,123
Less: Distributions to preferred stockholders (12,500,000) (12,500,000) (12,500,000)
Net income (loss) attributable to SmartStop Self Storage REIT, Inc. common stockholders $ (2,745,698) $ 6,321,880 $ (29,401,595)
Net income (loss) per Class A & Class T share - basic $ (0.03) $ 0.07 $ (0.37)
Net income (loss) per Class A & Class T share - diluted $ (0.03) $ 0.07 $ (0.37)
Self Storage Rental Revenue      
Revenues:      
Total revenues $ 206,494,202 $ 191,749,578 $ 150,610,337
Ancillary Operating Revenue      
Revenues:      
Total revenues 8,826,868 8,445,803 7,552,597
Managed REIT Platform Revenue      
Revenues:      
Total revenues 11,906,311 7,819,216 6,322,970
Reimbursable Costs from Managed REITs      
Revenues:      
Total revenues 5,764,363 4,628,497 4,278,667
Operating expenses:      
Operating expenses 5,764,363 4,628,497 4,278,667
Property Operating Expenses      
Operating expenses:      
Operating expenses 65,362,857 58,437,110 48,127,657
Managed REIT Platform Expenses      
Operating expenses:      
Operating expenses $ 3,365,491 $ 2,485,290 $ 1,451,166
Class A Common stock      
Other income (expense):      
Weighted Average Number of Shares Outstanding, Basic 88,706,340 83,857,222 71,454,798
Weighted Average Number of Shares Outstanding, Diluted 88,706,340 83,974,488 71,454,798
Class T Common stock      
Other income (expense):      
Weighted Average Number of Shares Outstanding, Basic 8,101,599 8,081,950 7,983,576
Weighted Average Number of Shares Outstanding, Diluted 8,101,599 8,081,950 7,983,576
Class A and T Common Stock      
Other income (expense):      
Net income (loss) per Class A & Class T share - basic $ (0.03) $ 0.07 $ (0.37)
Net income (loss) per Class A & Class T share - diluted $ (0.03) $ 0.07 $ (0.37)
Weighted Average Number of Shares Outstanding, Basic 96,807,939 91,939,172 79,438,374
Weighted Average Number of Shares Outstanding, Diluted 96,807,939 92,056,438 79,438,374
JV Properties      
Other income (expense):      
Equity in earnings (loss) of unconsolidated real estate ventures $ (1,625,135) $ (760,005) $ (494,327)
Managed REITS      
Other income (expense):      
Equity in earnings (loss) of unconsolidated real estate ventures $ (1,273,143) $ (930,201) $ (623,393)