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Schedule III, Real Estate and Related Depreciation | 12 Months Ended
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Dec. 31, 2020
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, 2020
|  |  |  |  |  |  | Initial cost |  |  |  |  |  |  | Gross Carrying Amount at December 31, 2020 |  |  |  |  |  |  |  |  |
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 |  |  | $ | 309,989 |
Bolingbrook, IL (A) |  |  | 113,700 |  |  |  |  | 633,914 |  |  |  | 5,491,409 |  |  |  | 2,456,374 |  |  |  | 633,914 |  |  |  | 7,947,783 |  |  |  | 8,581,697 |  |  |  | 1,006,053 |
Dolton, IL (A) |  |  | 86,590 |  |  |  |  | 614,413 |  |  |  | 5,227,313 |  |  |  | 9,611 |  |  |  | 614,413 |  |  |  | 5,236,924 |  |  |  | 5,851,337 |  |  |  | 696,926 |
McCordsville, IN (B) |  |  | 76,360 |  |  |  |  | 770,000 |  |  |  | 6,776,000 |  |  |  | 474,336 |  |  |  | 770,000 |  |  |  | 7,250,336 |  |  |  | 8,020,336 |  |  |  | 732,035 |
Merrillville, IN (A) |  |  | 80,570 |  |  |  |  | 597,229 |  |  |  | 5,104,011 |  |  |  | 464,324 |  |  |  | 597,229 |  |  |  | 5,568,335 |  |  |  | 6,165,564 |  |  |  | 712,701 |
Millbrook, NY (B) |  |  | 24,472 |  |  |  |  | 423,960 |  |  |  | 2,900,895 |  |  |  | 2,343,125 |  |  |  | 423,960 |  |  |  | 5,244,020 |  |  |  | 5,667,980 |  |  |  | 330,581 |
Rochester, NY (A) |  |  | 68,126 |  |  |  |  | 571,583 |  |  |  | 5,227,630 |  |  |  | 22,503 |  |  |  | 571,583 |  |  |  | 5,250,133 |  |  |  | 5,821,716 |  |  |  | 656,730 |
Lima, OH (B) |  |  | 98,055 |  |  |  |  | 530,000 |  |  |  | 4,664,000 |  |  |  | 112,915 |  |  |  | 530,000 |  |  |  | 4,776,915 |  |  |  | 5,306,915 |  |  |  | 514,747 |
Sadsburyville, PA (A) |  |  | 78,857 |  |  |  |  | 462,749 |  |  |  | 5,146,579 |  |  |  | 28,362 |  |  |  | 462,749 |  |  |  | 5,174,941 |  |  |  | 5,637,690 |  |  |  | 687,125 |
Summerville, SC (A) |  |  | 76,560 |  | (1) |  |  | 345,160 |  |  |  | 2,989,159 |  |  |  | 8,400 |  |  |  | 345,160 |  |  |  | 2,997,559 |  |  |  | 3,342,719 |  |  |  | 379,348 |
Summerville, SC (A) |  |  | 42,760 |  | (2) |  |  | 188,766 |  |  |  | 1,605,405 |  |  |  | 14,725 |  |  |  | 188,766 |  |  |  | 1,620,130 |  |  |  | 1,808,896 |  |  |  | 205,853 |
West Henrietta, NY (B) |  |  | 55,550 |  |  |  |  | 628,251 |  |  |  | 5,229,481 |  |  |  | 262,333 |  |  |  | 628,251 |  |  |  | 5,229,481 |  |  |  | 5,857,732 |  |  |  | 32,148 |
|  |  | 832,008 |  |  |  | $ | 6,122,065 |  |  | $ | 53,470,167 |  |  | $ | 6,211,205 |  |  | $ | 6,122,065 |  |  | $ | 59,419,039 |  |  | $ | 65,541,104 |  |  | $ | 6,264,236 |
(A) | This property is held as collateral under the Loan Agreement with an outstanding balance of $18,847,475 as of December 31, 2020.
(B) | This property is held as collateral under the Revolver with an outstanding balance of $5,144,000 as of December 31, 2020
(1) | SSG Summerville I LLC.
(2) | SSG Summerville II LLC
Activity in storage properties during the years ended December 31, 2020 and 2019 is as follows:
|  | 2020 |  |  | 2019 |
Storage properties * |  |  |  |  |  |  |  |
Balance at beginning of period |  | $ | 64,832,638 |  |  | $ | 57,467,957 |
Acquisitions and improvements |  |  | 1,607,345 |  |  |  | 7,364,681 |
Balance at end of period |  |  | 66,439,983 |  |  |  | 64,832,638 |
Accumulated depreciation |  |  |  |  |  |  |  |
Balance at beginning of period |  |  | (5,080,485 | ) |  |  | (3,656,220 | )
Depreciation expense |  |  | (1,590,965 | ) |  |  | (1,424,265 | )
Balance at end of period |  |  | (6,671,450 | ) |  |  | (5,080,485 | )
Storage properties, net |  | $ | 59,768,533 |  |  | $ | 59,752,153 |
* | These amounts include equipment that is housed at the Company’s properties and construction in progress which is excluded from Schedule III above.
As of December 31, 2020, the aggregate cost of real estate for U.S. federal income tax purposes was $63,788,287.

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- 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=120402810&loc=d3e638233-123024 + Details
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