XML 35 R25.htm IDEA: XBRL DOCUMENT
v3.25.1

Schedule III, Real Estate and Related Depreciation | 12 Months Ended
--- | ---
Dec. 31, 2023
SEC Schedule, 12-28, Real Estate Companies, Investment in 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, 2024
|  |  |  |  | Initial cost |  |  |  |  |  | Gross Carrying Amount at December 31, 2024 |  |  |  |  |  |  |
Description |  | Square Footage |  |  | Land |  |  | Buildings & Improvements |  |  | Costs Subsequent to Acquisition |  |  | Land |  |  | Buildings & Improvements |  |  | Total |  |  | Accumulated Depreciation |
Clinton, CT (A) |  |  | 29,283 |  |  |  | 356,040 |  |  |  | 3,108,285 |  |  |  | 52,160 |  |  |  | 356,040 |  |  | $ | 3,160,445 |  |  | $ | 3,516,485 |  |  | $ | 623,859 |
Bolingbrook, IL (B) |  |  | 114,000 |  |  |  | 633,914 |  |  |  | 5,491,409 |  |  |  | 2,488,142 |  |  |  | 633,914 |  |  |  | 7,979,551 |  |  |  | 8,613,465 |  |  |  | 1,846,175 |
Dolton, IL (B) |  |  | 86,590 |  |  |  | 614,413 |  |  |  | 5,227,313 |  |  |  | 54,771 |  |  |  | 614,413 |  |  |  | 5,282,084 |  |  |  | 5,896,497 |  |  |  | 1,254,049 |
McCordsville, IN (A) |  |  | 76,386 |  |  |  | 770,000 |  |  |  | 6,776,000 |  |  |  | 497,478 |  |  |  | 770,000 |  |  |  | 7,273,478 |  |  |  | 8,043,478 |  |  |  | 1,457,488 |
Merrillville, IN (B) |  |  | 81,270 |  |  |  | 597,229 |  |  |  | 5,104,011 |  |  |  | 479,597 |  |  |  | 597,229 |  |  |  | 5,583,608 |  |  |  | 6,180,837 |  |  |  | 1,300,738 |
Millbrook, NY (A) |  |  | 24,482 |  |  |  | 423,960 |  |  |  | 2,900,895 |  |  |  | 2,366,532 |  |  |  | 423,960 |  |  |  | 5,267,427 |  |  |  | 5,691,387 |  |  |  | 870,101 |
Rochester, NY (B) |  |  | 68,311 |  |  |  | 571,583 |  |  |  | 5,227,630 |  |  |  | 42,153 |  |  |  | 571,583 |  |  |  | 5,269,783 |  |  |  | 5,841,366 |  |  |  | 1,215,471 |
Lima, OH (A) |  |  | 94,953 |  |  |  | 530,000 |  |  |  | 4,664,000 |  |  |  | 401,098 |  |  |  | 530,000 |  |  |  | 5,065,098 |  |  |  | 5,595,098 |  |  |  | 1,007,710 |
Sadsburyville, PA (B) |  |  | 78,875 |  |  |  | 462,749 |  |  |  | 5,146,579 |  |  |  | 42,412 |  |  |  | 462,749 |  |  |  | 5,188,991 |  |  |  | 5,651,740 |  |  |  | 1,239,245 |
Summerville, SC (B) (1) |  |  | 76,460 |  |  |  | 345,160 |  |  |  | 2,989,159 |  |  |  | 141,555 |  |  |  | 345,160 |  |  |  | 3,130,714 |  |  |  | 3,475,874 |  |  |  | 712,521 |
Summerville, SC (B) (2) |  |  | 43,710 |  |  |  | 188,766 |  |  |  | 1,605,405 |  |  |  | 32,614 |  |  |  | 188,766 |  |  |  | 1,638,019 |  |  |  | 1,826,785 |  |  |  | 376,461 |
West Henrietta, NY (A) |  |  | 55,550 |  |  |  | 628,251 |  |  |  | 5,229,481 |  |  |  | 280,843 |  |  |  | 628,251 |  |  |  | 5,510,324 |  |  |  | 6,138,575 |  |  |  | 586,224 |
|  |  | 829,870 |  |  | $ | 6,122,065 |  |  | $ | 53,470,167 |  |  | $ | 6,879,355 |  |  | $ | 6,122,065 |  |  | $ | 60,349,522 |  |  | $ | 66,471,587 |  |  | $ | 12,490,042 |
(A) This property is held as collateral under the Revolver. There was no outstanding balance under the Revolver as of December 31, 2024. (B) This property is held as collateral under the Loan Agreement with an outstanding balance of $16,664,125 as of December 31, 2024. (1) SSG Summerville I LLC. (2) SSG Summerville II LLC. Activity in storage properties during the years ended December 31, 2024 and 2023 is as follows:
|  | 2024 |  |  | 2023 |
Storage properties * |  |  |  |  |  |
Balance at beginning of period |  | $ | 67,037,562 |  |  | $ | 66,806,458 |
Improvements |  |  | 78,336 |  |  |  | 231,104 |
Balance at end of period |  |  | 67,115,898 |  |  |  | 67,037,562 |
Accumulated depreciation |  |  |  |  |  |
Balance at beginning of period |  |  | (11,556,342 | ) |  |  | (9,922,298 | )
Depreciation expense |  |  | (1,634,147 | ) |  |  | (1,634,044 | )
Balance at end of period |  |  | (13,190,489 | ) |  |  | (11,556,342 | )
Storage properties, net |  | $ | 53,925,409 |  |  | $ | 55,481,220 |
* These amounts include equipment that is housed at the Company’s properties which is excluded from Schedule III above. As of December 31, 2024, the aggregate cost of real estate for U.S. federal income tax purposes was $62,841,421.

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 -Name Regulation S-X (SX) -Number 210 -Section 12 -Subsection 28 -Publisher SEC Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 970 -SubTopic 360 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-28) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478979/970-360-S99-1 + Details
Name: | srt_RealEstateAndAccumulatedDepreciationDisclosureTextBlock
Namespace Prefix: | srt_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration