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Consolidated Balance Sheets - USD ($)
Sep. 30, 2023
Dec. 31, 2022
Dec. 31, 2021
Real estate facilities:      
Land $ 429,877,760 $ 420,522,591 $ 397,508,081
Buildings 1,397,377,122 1,377,311,421 1,117,204,944
Site improvements 91,426,610 89,371,633 78,910,603
Real estate investment property, gross 1,918,681,492 1,887,205,645 1,593,623,628
Accumulated depreciation (241,916,459) (202,682,688) (155,926,875)
Real estate investment property 1,676,765,033 1,684,522,957 1,437,696,753
Construction in process 6,085,298 4,490,926 1,799,004
Real estate facilities, net 1,682,850,331 1,689,013,883 1,439,495,757
Cash and cash equivalents 34,239,378 39,486,588 37,254,226
Restricted cash 9,572,290 6,551,803 7,432,135
Investments in unconsolidated real estate ventures (Note 4) 34,669,282 28,522,082 18,943,284
Investments in and advances to Managed REITs 34,331,729 62,371,167 12,404,380
Other assets, net 23,146,451 34,131,543 15,423,508
Intangible assets, net of accumulated amortization 2,214,891 15,553,303 14,337,820
Trademarks, net of accumulated amortization 15,805,882 15,911,765 16,052,941
Goodwill 53,643,331 53,643,331 53,643,331
Debt issuance costs, net of accumulated amortization 776,911 2,031,922 3,305,394
Total assets 1,891,250,476 1,947,217,387 [1] 1,618,292,776 [1]
LIABILITIES, TEMPORARY EQUITY, AND EQUITY      
Debt, net 1,055,195,878 1,068,371,956 873,866,855
Accounts payable and accrued liabilities 40,711,052 28,151,741 22,693,941
Due to affiliates 424,980 409,730 584,291
Distributions payable 8,927,504 9,324,453 8,360,420
Contingent earnout   0 30,000,000
Deferred tax liabilities 6,067,296 6,205,620 7,719,098
Total liabilities 1,111,326,710 1,112,463,500 943,224,605
Commitments and contingencies (Note 12)
Equity:      
Additional paid-in capital 894,718,919 894,283,954 724,739,872
Distributions (309,558,673) (266,151,517) (210,964,464)
Accumulated deficit (166,156,957) (164,524,595) (170,846,475)
Accumulated other comprehensive income (loss) 2,446,687 3,654,682 (279,975)
Total SmartStop Self Storage REIT, Inc. equity 421,546,932 467,359,462 342,734,072
Noncontrolling interests in our Operating Partnership 92,524,234 94,405,766 64,632,417
Other noncontrolling interests 35,030 54,479 10,900
Total noncontrolling interests 92,559,264 94,460,245 64,643,317
Total equity 514,106,196 561,819,707 407,377,389
Total liabilities, temporary equity and equity 1,891,250,476 1,947,217,387 1,618,292,776
Class A Common stock      
Equity:      
Common stock, value 88,836 88,853 77,058
Class T Common stock      
Equity:      
Common stock, value 8,120 8,085 8,056
Series A Convertible Preferred Stock      
LIABILITIES, TEMPORARY EQUITY, AND EQUITY      
Redeemable common stock 196,356,107 196,356,107 196,356,107
Redeemable Common Stock      
LIABILITIES, TEMPORARY EQUITY, AND EQUITY      
Redeemable common stock $ 69,461,463 $ 76,578,073 $ 71,334,675
[1] Other than our investments in and advances to Managed REITs, substantially all of our investments in real estate facilities and intangible assets made during the years ended December 31, 2022 and 2021 were associated with our self storage platform.