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Schedule III - Summary of Activity in Storage Properties (Details) - USD ($) | 12 Months Ended
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Dec. 31, 2019 | Dec. 31, 2018
Storage properties |  |  |  |
Balance at end of period |  | $ 62,783,824 |  |
Accumulated depreciation |  |  |  |
Balance at end of period |  | (4,851,946) |  |
Self Storage Properties |  |  |  |
Storage properties |  |  |  |
Balance at beginning of period | [1] | 57,467,957 |  | $ 57,303,425
Acquisitions and improvements | [1] | 7,364,681 |  | 164,532
Balance at end of period | [1] | 64,832,638 |  | 57,467,957
Accumulated depreciation |  |  |  |
Balance at beginning of period |  | (3,656,220) | [1] | (2,257,862)
Depreciation expense | [1] | (1,424,265) |  | (1,398,358)
Balance at end of period | [1] | (5,080,485) |  | (3,656,220)
Storage properties, net | [1] | $ 59,752,153 |  | $ 53,811,737
[1] | These amounts include equipment that is housed at the Company’s properties and construction in progress which is excluded from Schedule III above.

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- Definition Amount of accumulated depreciation pertaining to real estate investments for entities with a substantial portion of business acquiring and holding investment real estate. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 970 -SubTopic 360 -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-28(Column F)) -URI http://asc.fasb.org/extlink&oid=6590653&loc=d3e638233-123024 + Details
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- Definition Amount, before accumulated depreciation, of real estate investment by entity with substantial portion of business acquiring and holding investment real estate or interest in real estate. Excludes real estate not held as investment or interest. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 970 -SubTopic 360 -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-28(Column E)) -URI http://asc.fasb.org/extlink&oid=6590653&loc=d3e638233-123024 + Details
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