Consolidated Statements of Equity - USD ($)
|
Total |
SST VI OP |
SSGT Mergers |
Self Administration Transaction |
Common Stock
Class A Common stock
|
Common Stock
Class T Common stock
|
Additional Paid-in Capital |
Distributions |
Accumulated Deficit |
Accumulated Other Comprehensive Income (Loss) |
Total SmartStop Self Storage REIT, Inc. Equity |
Noncontrolling Interests |
Noncontrolling Interests
SST VI OP
|
Noncontrolling Interests
SSGT Mergers
|
Noncontrolling Interests
Self Administration Transaction
|
Preferred Stock |
Redeemable Common Stock |
| Beginning Balance at Dec. 31, 2018 |
$ 345,256,897
|
|
|
|
$ 50,437
|
$ 7,534
|
$ 500,474,807
|
$ (94,248,326)
|
$ (62,340,153)
|
$ 1,390,354
|
$ 345,334,653
|
$ (77,756)
|
|
|
|
|
$ 32,226,815
|
| Beginning Balance (in shares) at Dec. 31, 2018 |
|
|
|
|
50,437,059
|
7,533,790
|
|
|
|
|
|
|
|
|
|
|
|
| Offering costs |
(42,039)
|
|
|
|
|
|
(42,039)
|
|
|
|
(42,039)
|
|
|
|
|
|
|
| Issuance of preferred stock |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 150,000,000
|
|
| Preferred stock issuance costs |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(3,573,836)
|
|
| Issuance of limited partnership units in our Operating Partnership in connection with the SSGT Mergers/Self Administration Transaction |
|
|
$ 4,217,399
|
$ 63,643,000
|
|
|
|
|
|
|
|
|
|
$ 4,217,399
|
$ 63,643,000
|
|
|
| Issuance of limited partnership units in our Operating Partnership in exchange for special limited partnership interest |
18,800,000
|
|
|
|
|
|
9,687,035
|
|
|
|
9,687,035
|
9,112,965
|
|
|
|
|
|
| Contribution of special limited partnership interest in exchange for limited partnership interests in our Operating Partnership |
(18,800,000)
|
|
|
|
|
|
(18,800,000)
|
|
|
|
(18,800,000)
|
|
|
|
|
|
|
| Noncontrolling interests related to the consolidated Tenant Protection Programs joint ventures |
21,800
|
|
|
|
|
|
|
|
|
|
|
21,800
|
|
|
|
|
|
| Redemption of limited partnership interests held by our Former Advisor |
(200,000)
|
|
|
|
|
|
(291,103)
|
|
|
|
(291,103)
|
91,103
|
|
|
|
|
|
| Changes to redeemable common stock |
(16,045,030)
|
|
|
|
|
|
(16,045,030)
|
|
|
|
(16,045,030)
|
|
|
|
|
|
16,046,535
|
| Redemptions of common stock |
(592)
|
|
|
|
$ (557)
|
$ (35)
|
|
|
|
|
(592)
|
|
|
|
|
|
(4,881,988)
|
| Redemptions of common stock (in shares) |
|
|
|
|
(556,575)
|
(35,079)
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of restricted stock |
252
|
|
|
|
$ 252
|
|
|
|
|
|
252
|
|
|
|
|
|
|
| Issuance of restricted stock (in shares) |
|
|
|
|
251,993
|
|
|
|
|
|
|
|
|
|
|
|
|
| Distributions |
(34,394,461)
|
|
|
|
|
|
|
(34,394,461)
|
|
|
(34,394,461)
|
|
|
|
|
|
|
| Distributions to noncontrolling interests |
(2,902,654)
|
|
|
|
|
|
|
|
|
|
|
(2,902,654)
|
|
|
|
|
|
| Issuance of shares for distribution reinvestment plan |
16,046,534
|
|
|
|
$ 1,303
|
$ 201
|
16,045,030
|
|
|
|
16,046,534
|
|
|
|
|
|
|
| Issuance of shares for distribution reinvestment plan (in shares) |
|
|
|
|
1,302,647
|
201,182
|
|
|
|
|
|
|
|
|
|
|
|
| Equity based compensation expense |
404,540
|
|
|
|
|
|
404,540
|
|
|
|
404,540
|
|
|
|
|
|
|
| Net loss attributable to SmartStop Self Storage REIT, Inc. common stockholders |
(24,750,333)
|
|
|
|
|
|
|
|
(24,750,333)
|
|
(24,750,333)
|
|
|
|
|
|
|
| Net loss attributable to the noncontrolling interests in our Operating Partnership |
(2,010,959)
|
|
|
|
|
|
|
|
|
|
|
(2,010,959)
|
|
|
|
|
|
| Foreign currency translation adjustment |
2,371,517
|
|
|
|
|
|
|
|
|
2,311,488
|
2,311,488
|
60,029
|
|
|
|
|
|
| Foreign currency forward contract gain (loss) |
(3,226,682)
|
|
|
|
|
|
|
|
|
(3,030,727)
|
(3,030,727)
|
(195,955)
|
|
|
|
|
|
| Interest rate swap and cap contract gains (losses) |
(2,575,366)
|
|
|
|
|
|
|
|
|
(2,626,450)
|
(2,626,450)
|
51,084
|
|
|
|
|
|
| Ending Balance at Dec. 31, 2019 |
345,813,823
|
|
|
|
$ 51,435
|
$ 7,700
|
491,433,240
|
(128,642,787)
|
(87,090,486)
|
(1,955,335)
|
273,803,767
|
72,010,056
|
|
|
|
146,426,164
|
43,391,362
|
| Ending Balance (in shares) at Dec. 31, 2019 |
|
|
|
|
51,435,124
|
7,699,893
|
|
|
|
|
|
|
|
|
|
|
|
| Offering costs |
(46,907)
|
|
|
|
|
|
(46,907)
|
|
|
|
(46,907)
|
|
|
|
|
|
|
| Issuance of preferred stock |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
50,000,000
|
|
| Preferred stock issuance costs |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(70,057)
|
|
| Changes to redeemable common stock |
(15,954,081)
|
|
|
|
|
|
(15,954,081)
|
|
|
|
(15,954,081)
|
|
|
|
|
|
15,954,081
|
| Redemptions of common stock |
(165)
|
|
|
|
$ (165)
|
|
|
|
|
|
(165)
|
|
|
|
|
|
(2,009,868)
|
| Redemptions of common stock (in shares) |
|
|
|
|
(164,894)
|
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of restricted stock |
72
|
|
|
|
$ 72
|
|
|
|
|
|
72
|
|
|
|
|
|
|
| Issuance of restricted stock (in shares) |
|
|
|
|
71,567
|
|
|
|
|
|
|
|
|
|
|
|
|
| Distributions |
(35,310,382)
|
|
|
|
|
|
|
(35,310,382)
|
|
|
(35,310,382)
|
|
|
|
|
|
|
| Distributions to noncontrolling interests |
(5,525,293)
|
|
|
|
|
|
|
|
|
|
|
(5,525,293)
|
|
|
|
|
|
| Issuance of shares for distribution reinvestment plan |
15,954,081
|
|
|
|
$ 1,319
|
$ 204
|
15,952,558
|
|
|
|
15,954,081
|
|
|
|
|
|
|
| Issuance of shares for distribution reinvestment plan (in shares) |
|
|
|
|
1,318,605
|
204,018
|
|
|
|
|
|
|
|
|
|
|
|
| Equity based compensation expense |
1,738,873
|
|
|
|
|
|
1,023,196
|
|
|
|
1,023,196
|
715,677
|
|
|
|
|
|
| Net loss attributable to SmartStop Self Storage REIT, Inc. common stockholders |
(54,354,394)
|
|
|
|
|
|
|
|
(54,354,394)
|
|
(54,354,394)
|
|
|
|
|
|
|
| Net loss attributable to the noncontrolling interests in our Operating Partnership |
(6,901,931)
|
|
|
|
|
|
|
|
|
|
|
(6,901,931)
|
|
|
|
|
|
| Foreign currency translation adjustment |
965,103
|
|
|
|
|
|
|
|
|
845,698
|
845,698
|
119,405
|
|
|
|
|
|
| Foreign currency forward contract gain (loss) |
(596,969)
|
|
|
|
|
|
|
|
|
(525,540)
|
(525,540)
|
(71,429)
|
|
|
|
|
|
| Interest rate swap and cap contract gains (losses) |
(2,541,625)
|
|
|
|
|
|
|
|
|
(2,199,051)
|
(2,199,051)
|
(342,574)
|
|
|
|
|
|
| Ending Balance at Dec. 31, 2020 |
243,240,205
|
|
|
|
$ 52,661
|
$ 7,904
|
492,408,006
|
(163,953,169)
|
(141,444,880)
|
(3,834,228)
|
183,236,294
|
60,003,911
|
|
|
|
196,356,107
|
57,335,575
|
| Ending Balance (in shares) at Dec. 31, 2020 |
|
|
|
|
52,660,402
|
7,903,911
|
|
|
|
|
|
|
|
|
|
|
|
| Gross proceeds from issuance of operating partnership units in SST VI OP |
|
$ 4,761,315
|
|
|
|
|
|
|
|
|
|
|
$ 4,761,315
|
|
|
|
|
| Issuance of common stock in connection with SST IV Merger |
231,412,470
|
|
|
|
$ 23,138
|
|
231,389,332
|
|
|
|
231,412,470
|
|
|
|
|
|
|
| Issuance of common stock in connection with SST IV Merger (in shares) |
|
|
|
|
23,137,540
|
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of Class A-1 Units in our Operating Partnership in connection with the contingent earnout related to the Self Administration Transaction |
|
|
|
$ 11,219,744
|
|
|
|
|
|
|
|
|
|
|
$ 11,219,744
|
|
|
| Acquisition of noncontrolling interest related to the Tenant Protection Programs joint ventures |
(10,900)
|
|
|
|
|
|
|
|
|
|
|
(10,900)
|
|
|
|
|
|
| Offering costs |
(335,175)
|
(1,239,194)
|
|
|
|
|
(335,175)
|
|
|
|
(335,175)
|
|
(1,239,194)
|
|
|
|
|
| Changes to redeemable common stock |
(19,564,929)
|
|
|
|
|
|
(19,564,929)
|
|
|
|
(19,564,929)
|
|
|
|
|
|
19,564,929
|
| Redemptions of common stock |
(390)
|
|
|
|
$ (360)
|
$ (30)
|
|
|
|
|
(390)
|
|
|
|
|
|
(5,565,829)
|
| Redemptions of common stock (in shares) |
|
|
|
|
(359,976)
|
(30,158)
|
|
|
|
|
|
|
|
|
|
|
|
| Issuance of restricted stock |
78
|
|
|
|
$ 78
|
|
|
|
|
|
78
|
|
|
|
|
|
|
| Issuance of restricted stock (in shares) |
|
|
|
|
78,192
|
|
|
|
|
|
|
|
|
|
|
|
|
| Distributions |
(47,011,295)
|
|
|
|
|
|
|
(47,011,295)
|
|
|
(47,011,295)
|
|
|
|
|
|
|
| Distributions to noncontrolling interests |
(6,338,488)
|
|
|
|
|
|
|
|
|
|
|
(6,338,488)
|
|
|
|
|
|
| Issuance of shares for distribution reinvestment plan |
19,564,929
|
|
|
|
$ 1,541
|
$ 182
|
19,563,206
|
|
|
|
19,564,929
|
|
|
|
|
|
|
| Issuance of shares for distribution reinvestment plan (in shares) |
|
|
|
|
1,541,585
|
182,445
|
|
|
|
|
|
|
|
|
|
|
|
| Equity based compensation expense |
2,907,808
|
|
|
|
|
|
1,279,432
|
|
|
|
1,279,432
|
1,628,376
|
|
|
|
|
|
| Net loss attributable to SmartStop Self Storage REIT, Inc. common stockholders |
(29,401,595)
|
|
|
|
|
|
|
|
(29,401,595)
|
|
(29,401,595)
|
|
|
|
|
|
|
| Deconsolidation of SST VI OP |
|
$ (3,170,238)
|
|
|
|
|
|
|
|
|
|
|
$ (3,170,238)
|
|
|
|
|
| Net loss attributable to the noncontrolling interests in our Operating Partnership |
(2,663,123)
|
|
|
|
|
|
|
|
|
|
|
(2,663,123)
|
|
|
|
|
|
| Foreign currency translation adjustment |
65,261
|
|
|
|
|
|
|
|
|
47,424
|
47,424
|
17,837
|
|
|
|
|
|
| Foreign currency forward contract gain (loss) |
(394,417)
|
|
|
|
|
|
|
|
|
(337,219)
|
(337,219)
|
(57,198)
|
|
|
|
|
|
| Interest rate swap and cap contract gains (losses) |
4,335,323
|
|
|
|
|
|
|
|
|
3,844,048
|
3,844,048
|
491,275
|
|
|
|
|
|
| Ending Balance at Dec. 31, 2021 |
$ 407,377,389
|
|
|
|
$ 77,058
|
$ 8,056
|
$ 724,739,872
|
$ (210,964,464)
|
$ (170,846,475)
|
$ (279,975)
|
$ 342,734,072
|
$ 64,643,317
|
|
|
|
$ 196,356,107
|
$ 71,334,675
|
| Ending Balance (in shares) at Dec. 31, 2021 |
|
|
|
|
77,057,743
|
8,056,198
|
|
|
|
|
|
|
|
|
|
|
|