XML 36 R22.htm IDEA: XBRL DOCUMENT
v3.20.2

Schedule III, Real Estate and Related Depreciation | 12 Months Ended
--- | ---
Dec. 31, 2019
Real Estate And Accumulated Depreciation Disclosure [Abstract] |
Real Estate and Related Depreciation | GLOBAL SELF STORAGE, INC. SCHEDULE III REAL ESTATE AND RELATED DEPRECIATION December 31, 2019
|  |  |  |  |  |  | Initial cost |  |  |  |  |  |  | Gross Carrying Amount at December 31, 2019 |  |  |  |  |  |  |  |  |
Description |  | Square Footage |  |  |  | Land |  |  | Buildings & Improvements |  |  | Costs Subsequent to Acquisition |  |  | Land |  |  | Buildings & Improvements |  |  | Total |  |  | Accumulated Depreciation |
Clinton, CT (B) |  |  | 30,408 |  |  |  | $ | 356,040 |  |  | $ | 3,108,285 |  |  | $ | 14,197 |  |  | $ | 356,040 |  |  | $ | 3,122,482 |  |  | $ | 3,478,522 |  |  | $ | 232,486 |
Bolingbrook, IL (A) |  |  | 113,700 |  |  |  |  | 633,914 |  |  |  | 5,491,409 |  |  |  | 2,439,850 |  |  |  | 633,914 |  |  |  | 7,931,259 |  |  |  | 8,565,173 |  |  |  | 798,681 |
Dolton, IL (A) |  |  | 86,590 |  |  |  |  | 614,413 |  |  |  | 5,227,313 |  |  |  | 9,611 |  |  |  | 614,413 |  |  |  | 5,236,924 |  |  |  | 5,851,337 |  |  |  | 558,103 |
McCordsville, IN (B) |  |  | 82,011 |  |  |  |  | 770,000 |  |  |  | 6,776,000 |  |  |  | 46,578 |  |  |  | 770,000 |  |  |  | 6,822,578 |  |  |  | 7,592,578 |  |  |  | 556,094 |
Merrillville, IN (A) |  |  | 80,570 |  |  |  |  | 597,229 |  |  |  | 5,104,011 |  |  |  | 464,324 |  |  |  | 597,229 |  |  |  | 5,568,335 |  |  |  | 6,165,564 |  |  |  | 565,840 |
Millbrook, NY (B) |  |  | 12,676 |  |  |  |  | 423,960 |  |  |  | 2,900,895 |  |  |  | 56,250 |  |  |  | 423,960 |  |  |  | 2,957,145 |  |  |  | 3,381,105 |  |  |  | 203,530 |
Rochester, NY (A) |  |  | 68,106 |  |  |  |  | 571,583 |  |  |  | 5,227,630 |  |  |  | 12,983 |  |  |  | 571,583 |  |  |  | 5,240,613 |  |  |  | 5,812,196 |  |  |  | 517,652 |
Lima, OH (B) |  |  | 98,265 |  |  |  |  | 530,000 |  |  |  | 4,664,000 |  |  |  | 99,237 |  |  |  | 530,000 |  |  |  | 4,763,237 |  |  |  | 5,293,237 |  |  |  | 395,563 |
Sadsburyville, PA (A) |  |  | 78,847 |  |  |  |  | 462,749 |  |  |  | 5,146,579 |  |  |  | 28,362 |  |  |  | 462,749 |  |  |  | 5,174,941 |  |  |  | 5,637,690 |  |  |  | 544,462 |
Summerville, SC (A) |  |  | 74,500 |  | (1) |  |  | 345,160 |  |  |  | 2,989,159 |  |  |  | 5,475 |  |  |  | 345,160 |  |  |  | 2,994,634 |  |  |  | 3,339,794 |  |  |  | 300,260 |
Summerville, SC (A) |  |  | 43,210 |  | (2) |  |  | 188,766 |  |  |  | 1,605,405 |  |  |  | 14,725 |  |  |  | 188,766 |  |  |  | 1,620,130 |  |  |  | 1,808,896 |  |  |  | 163,201 |
West Henrietta, NY (B) |  |  | 48,250 |  |  |  |  | 628,251 |  |  |  | 5,229,481 |  |  | — |  |  |  | 628,251 |  |  |  | 5,229,481 |  |  |  | 5,857,732 |  |  |  | 16,074 |
|  |  | 817,133 |  |  |  | $ | 6,122,065 |  |  | $ | 53,470,167 |  |  | $ | 3,191,592 |  |  | $ | 6,122,065 |  |  | $ | 56,661,759 |  |  | $ | 62,783,824 |  |  | $ | 4,851,946 |
(A) | This property is held as collateral under the Loan Agreement with an outstanding balance of $19,338,556 as of December 31, 2019.
(B) | This property is held as collateral under the Revolver with an outstanding balance of $4,914,000 as of December 31, 2019
(1) | SSG Summerville I LLC.
(2) | SSG Summerville II LLC
Activity in storage properties during the years ended December 31, 2019 and 2018 is as follows:
|  | 2019 |  |  | 2018 |
Storage properties * |  |  |  |  |  |  |  |
Balance at beginning of period |  | $ | 57,467,957 |  |  | $ | 57,303,425 |
Acquisitions and improvements |  |  | 7,364,681 |  |  |  | 164,532 |
Balance at end of period |  | $ | 64,832,638 |  |  | $ | 57,467,957 |
Accumulated depreciation |  |  |  |  |  |  |  |
Balance at beginning of period |  | $ | (3,656,220 | ) |  | $ | (2,257,862 | )
Depreciation expense |  |  | (1,424,265 | ) |  |  | (1,398,358 | )
Balance at end of period |  | $ | (5,080,485 | ) |  | $ | (3,656,220 | )
Storage properties, net |  | $ | 59,752,153 |  |  | $ | 53,811,737 |
* | These amounts include equipment that is housed at the Company’s properties and construction in progress which is excluded from Schedule III above.

X
- References No definition available. + Details
Name: | srt_RealEstateAndAccumulatedDepreciationDisclosureAbstract
Namespace Prefix: | srt_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure of real estate investments and associated accumulated depreciation for entities with a significant portion of their business acquiring and holding investment real estate. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 12 -Subsection 28 Reference 2: 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) -URI http://asc.fasb.org/extlink&oid=6590653&loc=d3e638233-123024 + Details
Name: | srt_RealEstateAndAccumulatedDepreciationDisclosureTextBlock
Namespace Prefix: | srt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration