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Consolidated Statements of Equity and Temporary Equity - USD ($)
$ in Thousands
Total
Common Stock
Class A Common stock
Common Stock
Class T Common stock
Common Stock
Redeemable Common Stock
Additional Paid-in Capital
Distributions
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss)
Total SmartStop Self Storage REIT, Inc. Equity
Noncontrolling Interests
Preferred Stock
Beginning Balance at Dec. 31, 2021 $ 407,376 $ 77 $ 8 $ 71,335 $ 724,739 $ (210,965) $ (170,846) $ (280) $ 342,733 $ 64,643 $ 196,356
Beginning Balance (in shares) at Dec. 31, 2021   19,264,436 2,014,050                
Offering costs (445)       (445)       (445)    
Issuance of common stock in connection with SSGT II Merger 168,790 $ 12     168,778       168,790    
Issuance of common stock in connection with the SSGT II Merger (in shares)   2,885,516                  
Issuance of Class A-1 Units in our Operating Partnership in connection with the contingent earnout related to the Self Administration Transaction 31,514                 31,514  
Issuance of noncontrolling interest in SST VI Advisor 1                 1  
Tax withholding (net settlement) related to vesting of restricted stock, (in Shares)   (2,228)                  
Tax withholding (net settlement) related to vesting of restricted stock (86)       (86)       (86)    
Issuance of OP Units in connection with SSGT II Merger 2                 2  
Changes to redeemable common stock (5,243)     5,243 (5,243)       (5,243)    
Redemptions of common stock (in shares)   (26,626) (1,174)                
Issuance of restricted stock (in shares)   13,851                  
Distributions (55,187)         (55,187)     (55,187)    
Distributions to noncontrolling interests (269)                 (269)  
Issuance of shares for distribution reinvestment plan 5,243       5,243       5,243    
Issuance of shares for distribution reinvestment plan (in shares)   78,415 8,512                
Distributions to noncontrolling interests in our Operating Partnership (7,444)                 (7,444)  
Equity based compensation expense 3,969       1,298       1,298 2,671  
Net income attributable to SmartStop Self Storage REIT, Inc. common stockholders 6,322           6,322   6,322    
Net income attributable to the noncontrolling interests in our Operating Partnership 2,536                 2,536  
Net income attributable to other noncontrolling interests 311                 311  
Foreign currency translation adjustment (3,832)             (3,400) (3,400) (432)  
Foreign currency hedge contract gains (losses) 3,355             2,977 2,977 378  
Interest rate swap and cap contract gains (losses) 4,907             4,358 4,358 549  
Ending Balance at Dec. 31, 2022 561,820 $ 89 $ 8 76,578 894,284 (266,152) (164,524) 3,655 467,360 94,460 196,356
Ending Balance (in shares) at Dec. 31, 2022   22,213,364 2,021,388                
Offering costs (10)       (10)       (10)    
Tax withholding (net settlement) related to vesting of restricted stock, (in Shares)   (4,356)                  
Tax withholding (net settlement) related to vesting of restricted stock (247)       (247)       (247)    
Changes to redeemable common stock (17,636)     17,636 (17,636)       (17,636)    
Redemptions of common stock (1) $ (1)   (22,937)         (1)    
Redemptions of common stock (in shares)   (290,071) (22,096)                
Issuance of restricted stock (in shares)   10,642                  
Distributions (58,039)         (58,039)     (58,039)    
Distributions to noncontrolling interests (588)                 (588)  
Issuance of shares for distribution reinvestment plan 17,636 $ 1     17,635       17,636    
Issuance of shares for distribution reinvestment plan (in shares)   260,705 29,165                
Distributions to noncontrolling interests in our Operating Partnership (8,298)                 (8,298)  
Equity based compensation expense 5,258       831       831 4,427  
Net income attributable to SmartStop Self Storage REIT, Inc. common stockholders (2,746)           (2,746)   (2,746)    
Net income attributable to the noncontrolling interests in our Operating Partnership 1,314                 1,314  
Net income attributable to other noncontrolling interests 579                 579  
Foreign currency translation adjustment 1,481             1,307 1,307 174  
Foreign currency hedge contract gains (losses) (1,066)             (941) (941) (125)  
Interest rate swap and cap contract gains (losses) (3,594)             (3,174) (3,174) (420)  
Ending Balance at Dec. 31, 2023 495,863 $ 89 $ 8 71,277 894,857 (324,191) (167,270) 847 404,340 91,523 196,356
Ending Balance (in shares) at Dec. 31, 2023   22,190,284 2,028,457                
Offering costs (144)       (144)       (144)    
Issuance of noncontrolling interest in SST VI Advisor 330                 330  
Tax withholding (net settlement) related to vesting of restricted stock, (in Shares)   (3,829)                  
Tax withholding (net settlement) related to vesting of restricted stock (219)       (219)       (219)    
Changes to redeemable common stock (20,667)     20,667 (20,667)       (20,667)    
Redemptions of common stock (2) $ (2)   (29,902)         (2)    
Redemptions of common stock (in shares)   (529,936) (24,929)                
Issuance of restricted stock 1 $ 1             1    
Issuance of restricted stock (in shares)   10,163                  
Distributions (57,969)         (57,969)     (57,969)    
Distributions to noncontrolling interests (492)                 (492)  
Issuance of shares for distribution reinvestment plan 20,667 $ 1     20,666       20,667    
Issuance of shares for distribution reinvestment plan (in shares)   304,135 34,938                
Distributions to noncontrolling interests in our Operating Partnership (8,529)                 (8,529)  
Equity based compensation expense 5,258       625       625 4,633  
Net income attributable to SmartStop Self Storage REIT, Inc. common stockholders (18,379)           (18,379)   (18,379)    
Net income attributable to the noncontrolling interests in our Operating Partnership (773)                 (773)  
Net income attributable to other noncontrolling interests 507                 507  
Foreign currency translation adjustment (3,915)             (3,444) (3,444) (471)  
Foreign currency hedge contract gains (losses) 3,617             3,182 3,182 435  
Interest rate swap and cap contract gains (losses) (2,606)             (2,293) (2,293) (313)  
Ending Balance at Dec. 31, 2024 $ 412,548 $ 89 $ 8 $ 62,042 $ 895,118 $ (382,160) $ (185,649) $ (1,708) $ 325,698 $ 86,850 $ 196,356
Ending Balance (in shares) at Dec. 31, 2024   21,970,817 2,038,466