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Real Estate Assets (Tables) | 9 Months Ended
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Sep. 30, 2020
Real Estate [Abstract] |
Summary of Carrying Value of Real Estate Assets | The carrying value of the Company’s real estate assets is summarized as follows
|  | September 30, 2020 |  |  | December 31, 2019 |
Land |  | $ | 6,122,065 |  |  | $ | 6,122,065 |
Buildings, improvements, and equipment |  |  | 60,307,933 |  |  |  | 57,178,338 |
Construction in progress |  | — |  |  |  | 1,532,235 |
Self storage properties |  |  | 66,429,998 |  |  |  | 64,832,638 |
Less: Accumulated depreciation |  |  | (6,264,716 | ) |  |  | (5,080,485 | )
Real estate assets, net |  | $ | 60,165,282 |  |  | $ | 59,752,153 |

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