Consolidated Balance Sheets - USD ($)
Sep. 30, 2017
Dec. 31, 2016
Real estate facilities:    
Land $ 272,526,014 $ 249,051,278
Buildings 514,081,210 439,426,157
Site improvements 42,722,450 38,978,298
Real estate investment property, gross 829,329,674 727,455,733
Accumulated depreciation (29,683,363) (14,855,188)
Real estate investment property 799,646,311 712,600,545
Construction in process 7,446 1,740,139
Real estate facilities, net 799,653,757 714,340,684
Cash and cash equivalents 11,964,424 14,993,869
Restricted cash 5,594,170 3,040,936
Other assets, net 6,425,140 5,533,182
Debt issuance costs, net of accumulated amortization 1,052,299 1,550,410
Intangible assets, net of accumulated amortization 6,655,235 13,094,530
Total assets 831,345,025 752,553,611
LIABILITIES AND EQUITY    
Debt, net 400,717,082 320,820,740
Accounts payable and accrued liabilities 10,034,612 4,601,422
Due to affiliates 2,915,835 3,178,235
Distributions payable 2,743,955 2,608,609
Total liabilities 416,411,484 331,209,006
Commitments and contingencies (Note 8)
Redeemable common stock 21,211,360 10,711,682
Equity:    
Preferred stock, $0.001 par value; 200,000,000 shares authorized; none issued and outstanding at September 30, 2017 and December 31, 2016 0 0
Additional paid-in capital 496,290,520 480,692,731
Distributions (52,190,061) (27,665,337)
Accumulated deficit (56,312,261) (43,777,711)
Accumulated other comprehensive income 1,352,367 1,377,950
Total Strategic Storage Trust II, Inc. equity 389,196,979 410,681,393
Noncontrolling interests in our Operating Partnership 4,525,202 (48,470)
Total equity 393,722,181 410,632,923
Total liabilities and equity 831,345,025 752,553,611
Class A Common stock    
Equity:    
Common stock, value 49,113 47,174
Class T Common stock    
Equity:    
Common stock, value $ 7,301 $ 6,586