Strategic Storage Growth Trust 10-K 29 Mar 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Mar. 18, 2016	Jun. 30, 2015
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Trading Symbol	ck0001575428
Entity Registrant Name	STRATEGIC STORAGE GROWTH TRUST, INC.
Entity Central Index Key	1,575,428
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Non-accelerated Filer
Entity Public Float			$ 8,834,660
Class A Common stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		3,560,524
Class T Common stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		89,225

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Real estate facilities:
Land	$ 13,180,000	$ 4,260,000
Buildings	42,338,012	13,815,359
Site improvements	4,811,387	892,120
Real estate facilities, gross	60,329,399	18,967,479
Accumulated depreciation	(1,157,113)	(182,836)
Real estate facilities, net	59,172,286	18,784,643
Construction in process	30,808	0
Real estate facilities, net	59,203,094	18,784,643
Cash and cash equivalents	6,600,046	4,500,298
Other assets	1,871,423	709,604
Debt issuance costs, net of accumulated amortization	801,005	523,053
Intangible assets, net of accumulated amortization	1,454,140	450,285
Total assets	69,929,708	24,967,883
LIABILITIES AND EQUITY
Secured debt	38,300,000	9,545,386
Accounts payable and accrued liabilities	1,028,660	339,582
Due to affiliates	252,997	1,849,448
Distributions payable	20,700	0
Distributions payable to preferred unitholders in our Operating Partnership	1,042,394	229,761
Total liabilities	$ 40,644,751	$ 11,964,177
Commitments and contingencies (Note 7)
Redeemable common stock	$ 10,706	$ 0
Preferred equity in our Operating Partnership	15,884,852	9,908,304
Equity:
Preferred Stock, $0.001 par value; 200,000,000 shares authorized; none issued and outstanding at December 31, 2015 and 2014	0	0
Additional paid-in capital	20,735,425	4,839,882
Distributions	(37,073)	0
Accumulated deficit	(7,283,029)	(1,817,257)
Total Strategic Storage Growth Trust, Inc. equity	13,418,017	3,023,366
Noncontrolling interests in our Operating Partnership	(28,618)	72,036
Total equity	13,389,399	3,095,402
Total liabilities and equity	69,929,708	24,967,883
Class A Common stock
Equity:
Common stock, Value	2,676	741
Total equity	2,676	741
Class T Common stock
Equity:
Common stock, Value	18	0
Total equity	$ 18	$ 0

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2015	Dec. 31, 2014
Preferred Stock, par value	$ 0.001	$ 0.001
Preferred Stock, shares authorized	200,000,000	200,000,000
Preferred Stock, shares issued	0	0
Preferred Stock, shares outstanding	0	0
Class A Common stock
Common stock, par value	$ 0.001	$ 0.001
Common Stock, shares authorized	350,000,000	350,000,000
Common Stock, shares issued	2,676,239	740,814
Common Stock, shares outstanding	2,676,239	740,814
Class T Common stock
Common stock, par value	$ 0.001	$ 0.001
Common Stock, shares authorized	350,000,000	350,000,000
Common Stock, shares issued	18,086	0
Common Stock, shares outstanding	18,086	0

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	10 Months Ended	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2015	Dec. 31, 2014
Revenues:
Self storage rental revenue	$ 0	$ 4,708,208	$ 641,036
Ancillary operating revenue	0	149,199	24,099
Total revenues	0	4,857,407	665,135
Operating expenses:
Property operating expenses	0	2,205,173	287,724
Property operating expenses - affiliates	0	558,250	104,394
General and administrative	0	1,224,892	463,234
Depreciation	0	1,161,013	183,604
Intangible amortization expense	0	946,146	254,715
Acquisition expense - affiliates	0	822,798	488,660
Other property acquisition expenses	0	289,824	102,742
Total operating expenses	0	7,208,096	1,885,073
Operating loss	0	(2,350,689)	(1,219,938)
Other income (expense):
Interest expense	0	(651,479)	(153,638)
Debt issuance costs expense	0	(375,319)	(65,433)
Other	0	1,766	3,374
Net loss	0	(3,375,721)	(1,435,635)
Less: Distributions to preferred unitholders in our Operating Partnership	0	(1,893,841)	(422,282)
Less: Accretion of preferred equity costs	0	(296,548)	(88,304)
Net loss attributable to the noncontrolling interests in our Operating Partnership	0	100,338	128,964
Net loss attributable to Strategic Storage Growth Trust, Inc. common shareholders	$ 0	(5,465,772)	(1,817,257)
Class A Common stock
Other income (expense):
Net loss attributable to the noncontrolling interests in our Operating Partnership		0	0
Net loss attributable to Strategic Storage Growth Trust, Inc. common shareholders		$ 0	$ 0
Net loss per share-basic and diluted	$ 0	$ (4.59)	$ (7.31)
Weighted average shares outstanding-basic and diluted	73	1,190,486	248,565
Class T Common stock
Other income (expense):
Net loss attributable to the noncontrolling interests in our Operating Partnership		$ 0	$ 0
Net loss attributable to Strategic Storage Growth Trust, Inc. common shareholders		$ 0	$ 0
Net loss per share-basic and diluted	$ 0	$ (4.59)	$ 0
Weighted average shares outstanding-basic and diluted	0	1,250	0

Consolidated Statements of Equi

Consolidated Statements of Equity - USD ($)	Total	Preferred Equity in our Operating Partnership	Additional Paid-in Capital	Distributions	Accumulated Deficit	Total Strategic Storage Growth Trust,Inc.Equity	Noncontrolling Interests in our Operating Partnership	Class A Common stock	Class T Common stock
Beginning Balance at Mar. 12, 2013	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0	$ 0
Beginning Balance (in shares) at Mar. 12, 2013								0	0
Gross proceeds from issuance of common stock	202,000	0	1,000	0	0	1,000	201,000	$ 0	$ 0
Gross proceeds from issuance of common stock (in shares)								100	0
Net loss attributable to Strategic Storage Growth Trust, Inc.	0
Net loss attributable to the noncontrolling interests	0
Ending Balance at Dec. 31, 2013	202,000	0	1,000	0	0	1,000	201,000	$ 0	$ 0
Ending Balance (in shares) at Dec. 31, 2013								100	0
Gross proceeds from issuance of common stock	6,995,157	0	6,994,416	0	0	6,995,157	0	$ 741	$ 0
Gross proceeds from issuance of common stock (in shares)								740,714	0
Offering costs	(2,155,534)	0	(2,155,534)	0	0	(2,155,534)	0
Net loss attributable to Strategic Storage Growth Trust, Inc.	(1,817,257)	0	0	0	(1,817,257)	(1,817,257)	0	$ 0	$ 0
Net loss attributable to the noncontrolling interests	(128,964)	0	0	0	0	0	(128,964)	0	0
Gross proceeds from issuance of preferred equity in our Operating Partnership	0	10,263,581	0	0	0	0	0	0	0
Preferred equity issuance costs	0	(443,581)	0	0	0	0	0	0	0
Accretion of preferred equity issuance costs	0	88,304	0	0	0	0	0	0	0
Ending Balance at Dec. 31, 2014	3,095,402	9,908,304	4,839,882	0	(1,817,257)	3,023,366	72,036	$ 741	$ 0
Ending Balance (in shares) at Dec. 31, 2014								740,814	0
Gross proceeds from issuance of common stock	18,920,107	0	18,918,202	0	0	18,920,107	0	$ 1,887	$ 18
Gross proceeds from issuance of common stock (in shares)								1,887,318	17,951
Offering costs	(3,028,827)	0	(3,028,827)	0	0	(3,028,827)	0	$ 0	$ 0
Changes to redeemable common stock	(10,706)	0	(10,706)	0	0	(10,706)	0	0	$ 0
Issuance of restricted stock	0	0	(6)	0	0	0	0	$ 6
Issuance of restricted stock (in shares)								6,250	0
Distributions ($0.016 per share)	(37,073)			(37,073)		(37,073)
Distribution of common stock	0	0	(41)	0	0	0	0	$ 41	$ 0
Distribution of common stock (in shares)								40,730	135
Distributions to noncontrolling interests	(316)						(316)	$ 0
Issuance of shares for distribution reinvestment plan	$ 10,706		10,705	0		10,706		$ 1
Issuance of shares for distribution reinvestment plan (in shares)	1,127							1,127
Stock based compensation expense	$ 6,216	0	6,216	0	0	6,216	0	$ 0	$ 0
Net loss attributable to Strategic Storage Growth Trust, Inc.	(5,465,772)	0	0	0	(5,465,772)	(5,465,772)	0	0	0
Net loss attributable to the noncontrolling interests	(100,338)	0	0	0	0	0	(100,338)	0	0
Gross proceeds from issuance of preferred equity in our Operating Partnership	0	7,197,995	0	0	0	0	0	0	0
Redemption of preferred equity in our Operating Partnership	0	(1,500,000)	0	0	0	0	0	0	0
Preferred equity issuance costs	0	(17,995)	0	0	0	0	0	0	0
Accretion of preferred equity issuance costs	0	296,548	0	0	0	0	0	0	0
Ending Balance at Dec. 31, 2015	$ 13,389,399	$ 15,884,852	$ 20,735,425	$ (37,073)	$ (7,283,029)	$ 13,418,017	$ (28,618)	$ 2,676	$ 18
Ending Balance (in shares) at Dec. 31, 2015								2,676,239	18,086

Consolidated Statements of Equ6

Consolidated Statements of Equity (Parenthetical)	12 Months Ended
	Dec. 31, 2015$ / shares
Preferred Equity in our Operating Partnership
Distributions, per share	$ 0.016

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	10 Months Ended	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2015	Dec. 31, 2014
Cash flows from operating activities:
Net loss	$ 0	$ (3,375,721)	$ (1,435,635)
Adjustments to reconcile net loss to cash used in operating activities:
Depreciation and amortization	0	2,380,225	503,752
Expense related to issuance of restricted stock	0	6,216	0
Increase (decrease) in cash and cash equivalents from changes in assets and liabilities:
Other assets	0	(501,401)	(62,967)
Accounts payable and accrued liabilities	0	747,237	222,537
Due to affiliates	0	70,733	174,291
Net cash used in operating activities	0	(672,711)	(598,022)
Cash flows from investing activities:
Purchase of real estate	0	(42,871,250)	(19,350,000)
Additions to real estate facilities	0	(648,294)	(322,479)
Deposits on acquisitions of real estate facilities	0	(1,292,105)	(500,000)
Return of deposits on acquisitions of real estate facilities	0	500,000	0
Net cash flows used in investing activities	0	(44,311,649)	(20,172,479)
Cash flows from financing activities:
Proceeds from issuance of secured debt	0	28,754,614	9,545,386
Proceeds from issuance of preferred equity in Operating Partnership	0	7,180,000	9,820,000
Redemption of preferred equity in our Operating Partnership	0	(1,500,000)	0
Gross proceeds from issuance of common stock	1,000	18,961,011	6,935,157
Offering costs	0	(4,452,137)	(671,909)
Debt issuance costs	0	(772,189)	(367,314)
Distributions paid to preferred unitholders in our Operating Partnership	0	(1,081,208)	(192,521)
Distributions paid to common stockholders	0	(5,983)	0
Issuance of Operating Partnership units	201,000	0	0
Net cash flows provided by financing activities	202,000	47,084,108	25,068,799
Net change in cash and cash equivalents	202,000	2,099,748	4,298,298
Cash and cash equivalents, beginning of period	0	4,500,298	202,000
Cash and cash equivalents, end of period	202,000	6,600,046	4,500,298
Supplemental disclosures and non-cash transactions:
Cash paid for interest	0	594,587	116,191
Supplemental disclosure of noncash activities:
Other assets included in due to affiliates	0	0	87,405
Proceeds from issuance of common stock in other assets	0	25,640	60,000
Offering costs included in due to affiliates	0	7,973	1,422,210
Offering costs included in accounts payable and accrued liabilities	0	58,886	61,415
Debt issuance costs included in due to affiliates	0	0	165,542
Debt issuance cost included in accounts payable and accrued liabilities	0	0	55,630
Distributions payable to preferred unitholders in our Operating Partnership	0	873,809	229,761
Stock distributions of common stock	0	41	0
Issuance of shares pursuant to distribution reinvestment plan	0	10,706	0
Issuance of restricted stock	0	6	0
Preferred equity issuance costs	$ 0	$ 17,995	$ 443,581

Organization

Organization	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Organization	Note 1. Organization Strategic Storage Growth Trust, Inc., a Maryland corporation (the “Company”), was formed on March 12, 2013 under the Maryland General Corporation Law for the purpose of engaging in the business of investing in self storage facilities. The Company’s year-end is December 31. As used in this report, “we” “us,” “our” and “Company” refer to Strategic Storage Growth Trust, Inc. Strategic Storage Holdings, LLC, a Delaware limited liability company (“SSH”), was the sponsor of our Private Offering (as defined below) through August 31, 2014. Effective August 31, 2014, SmartStop Self Storage, Inc. (“SmartStop”), entered into a series of transactions, agreements and amendments to its existing agreements and arrangements (such agreements and amendments hereinafter referred to collectively as the “Self Administration and Investment Management Transaction”) with SSH and its affiliates, pursuant to which, effective August 31, 2014, SmartStop acquired the self storage advisory, asset management, property management and investment management businesses of SSH including SSH’s sole membership interest in SmartStop Asset Management, LLC, a Delaware limited liability company (formerly Strategic Storage Realty Group, LLC), which owns 97.5% of the economic interests (and 100% of the voting membership interests) of SS Growth Advisor, LLC (our “Advisor”) and owns 100% of SS Growth Property Management, LLC (our “Property Manager”). On October 1, 2015, SmartStop and Extra Space Storage Inc. (“Extra Space”), along with subsidiaries of each of SmartStop and Extra Space, closed on a merger transaction (the “Merger”) in which SmartStop was acquired by Extra Space for $13.75 per share in cash, representing an enterprise value of approximately $1.4 billion. At the closing of the Merger, SmartStop Asset Management, LLC, the owner of our Property Manager and majority and sole voting member of our Advisor, was sold to an entity controlled by H. Michael Schwartz, our Chairman of the Board of Directors, Chief Executive Officer and President, and became our sponsor (our “Sponsor”). The former executive management team of SmartStop continues to serve as the executive management team for our Sponsor. In addition, our management team remains the same, as well as the management team of our Advisor and Property Manager. We have no employees. Our Advisor, a Delaware limited liability company, was formed on March 12, 2013. Our Advisor is responsible for managing our affairs on a day-to-day basis and identifying and making acquisitions and investments on our behalf under the terms of the advisory agreement we have with our Advisor (our “Advisory Agreement”). The officers of our Advisor are also officers of us and our Sponsor. On May 31, 2013, our Advisor purchased 100 shares of our common stock for $1,000 and became our initial stockholder. Our Second Articles of Amendment and Restatement, as amended, authorizes 350,000,000 shares of Class A common stock, $0.001 par value per share (the “Class A Shares”) and 350,000,000 shares of Class T common stock, $0.001 par value per share (the “Class T Shares”) and 200,000,000 shares of preferred stock with a par value of $0.001. On June 17, 2013, we commenced a private placement offering to accredited investors only for a maximum of $109.5 million in shares of common stock, including shares being offered pursuant to our distribution reinvestment plan (the “Private Offering”). On May 23, 2014, we satisfied the minimum offering requirements of $1 million from our Private Offering and commenced formal operations. We terminated the Private Offering on January 16, 2015. We raised gross offering proceeds of approximately $7.8 million from the issuance of approximately 830,000 shares pursuant to the Private Offering. On January 20, 2015 we commenced a public offering of a maximum of $1,000,000,000 in common shares for sale to the public (the “Primary Offering”) and $95,000,000 in common shares for sale pursuant to our distribution reinvestment plan (collectively, the “Public Offering”). On September 28, 2015, we revised our Primary Offering and are now offering two classes of shares of common stock: Class A common stock, $0.001 par value per share (the “Class A Shares”) and Class T common stock, $0.001 par value per share (the “Class T Shares”). As of December 31, 2015, we had sold approximately 2.6 million Class A Shares and approximately 20,000 Class T Shares in our Public and Private Offerings for gross proceeds of approximately $25.8 million and approximately $0.2 million, respectively. We intend to invest the net proceeds from our offerings primarily in opportunistic self storage facilities, which may include facilities to be developed, currently under development or in lease-up and self storage facilities in need of expansion, redevelopment or repositioning. As of December 31, 2015 we owned 12 self storage facilities located in six states (California, Colorado, Florida, Illinois, Nevada and Texas). Our operating partnership, SS Growth Operating Partnership, L.P., a Delaware limited partnership (our “Operating Partnership”), was formed on March 13, 2013. During 2013, our Advisor purchased a limited partnership interest in our Operating Partnership totaling $201,000 and on May 31, 2013, we contributed the initial $1,000 capital contribution we received to our Operating Partnership in exchange for the general partner interest. Our Operating Partnership owns, directly or indirectly through one or more special purpose entities, all of the self storage properties that we have acquired and the self storage properties we will acquire in the future. As of December 31, 2015, we owned approximately 99.25% of the common units of limited partnership interests of our Operating Partnership. The remaining approximate 0.75% of the common units are owned by our Advisor. As of December 31, 2015, our Operating Partnership had outstanding approximately 638,463 Series A Cumulative Redeemable Preferred Units (the “Preferred Units”) issued to SSTI Preferred Investor, LLC (the “Preferred Investor”), formerly a wholly-owned subsidiary of SmartStop Self Storage Operating Partnership, L.P., the operating partnership of SmartStop, in exchange for an investment in our Operating Partnership of approximately $16.0 million. Such Preferred Units are now owned by Extra Space subsequent to the Merger. As the sole general partner of our Operating Partnership, we have the exclusive power to manage and conduct the business of our Operating Partnership. We conduct certain activities (such as selling packing supplies and locks and renting trucks or other moving equipment) through our taxable REIT subsidiary, SS Growth TRS, Inc., a Delaware corporation (the “TRS”) which was formed on March 14, 2013, and is a wholly owned subsidiary of our Operating Partnership. Our Property Manager was formed on March 12, 2013 to manage our properties. Our Property Manager derives substantially all of its income from the property management services it performs for us. Our Property Manager may enter into sub-property management agreements with third party management companies and pay part of its management fee to such property manager. At the closing of the Merger, we entered into new property management agreements with our Property Manager and our Property Manager entered into sub-property management agreements with Extra Space for the management of our properties in the United States. Furthermore, Extra Space acquired the rights to the “SmartStop® Self Storage” brand in the United States through the merger and we can no longer utilize this brand in the United States. The properties we own were re-branded under the Extra Space name subsequent to the Merger. However, any properties owned or acquired in Canada will be managed by a subsidiary of our Sponsor and will continue to be branded using the SmartStop® Self Storage brand. Our dealer manager is Select Capital Corporation, a California corporation (our “Dealer Manager”). Our Dealer Manager is responsible for marketing our shares being offered pursuant to our Primary Offering. Our president owned, through a wholly-owned limited liability company, a 15% non-voting equity interest in our Dealer Manager through August 31, 2014. Effective August 31, 2014, SmartStop indirectly owned such 15% non-voting equity interest in our Dealer Manager, pursuant to the Self Administration and Investment Management Transaction. Effective October 1, 2015, in connection with the Merger, the 15% non-voting equity interest in our Dealer Manager is now owned by our Sponsor. An affiliate of our Dealer Manager continues to own a 2.5% non-voting membership interest in our Advisor. As we accept subscriptions for shares of our common stock, we transfer substantially all of the net offering proceeds to our Operating Partnership as capital contributions in exchange for additional units of interest in our Operating Partnership. However, we are deemed to have made capital contributions in the amount of gross proceeds received from investors, and our Operating Partnership is deemed to have simultaneously paid the sales commissions and other costs associated with the Offering. In addition, our Operating Partnership is structured to make distributions with respect to limited partnership units that are equivalent to the distributions made to holders of common stock. Finally, a limited partner in our Operating Partnership may later exchange his or her limited partnership units in our Operating Partnership for shares of our common stock at any time after one year following the date of issuance of their limited partnership units, subject to certain restrictions outlined in the limited partnership agreement of our Operating Partnership, as amended (the “Operating Partnership Agreement”). Our Advisor is prohibited from exchanging or otherwise transferring its limited partnership units so long as it is acting as our Advisor pursuant to our Advisory Agreement.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2. Summary of Significant Accounting Policies Basis of Presentation The accompanying consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) as contained within the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) and the rules and regulations of the SEC. Principles of Consolidation Our financial statements, and the financial statements of our Operating Partnership, including its wholly-owned subsidiaries, are consolidated in the accompanying consolidated financial statements. The portion of these entities not wholly-owned by us is presented as noncontrolling interests. All significant intercompany accounts and transactions have been eliminated in consolidation. Consolidation Considerations Current accounting guidance provides a framework for identifying a variable interest entity (“VIE”) and determining when a company should include the assets, liabilities, noncontrolling interests, and results of activities of a VIE in its consolidated financial statements. In general, a VIE is an entity or other legal structure used to conduct activities or hold assets that either (1) has an insufficient amount of equity to carry out its principal activities without additional subordinated financial support, (2) has a group of equity owners that are unable to make significant decisions about its activities, or (3) has a group of equity owners that do not have the obligation to absorb losses or the right to receive returns generated by its operations. Generally, a VIE should be consolidated if a party with an ownership, contractual, or other financial interest in the VIE (a variable interest holder) has the power to direct the VIE’s most significant activities and the obligation to absorb losses or right to receive benefits of the VIE that could be significant to the VIE. A variable interest holder that consolidates the VIE is called the primary beneficiary. Upon consolidation, the primary beneficiary generally must initially record all of the VIE’s assets, liabilities, and noncontrolling interest at fair value and subsequently account for the VIE as if it were consolidated based on majority voting interest. As of December 31, 2015 and 2014, we had not entered into contracts/interests that would be deemed to be variable interests in VIEs. Use of Estimates The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. The current economic environment has increased the degree of uncertainty inherent in these estimates and assumptions. Management will adjust such estimates when facts and circumstances dictate. Actual results could materially differ from those estimates. The most significant estimates made include the allocation of property purchase price to tangible and intangible assets acquired and liabilities assumed at fair value, the determination if certain entities should be consolidated, the evaluation of potential impairment of long-lived assets, and the useful lives of real estate assets and intangibles. Cash and Cash Equivalents We consider all short-term, highly liquid investments that are readily convertible to cash with a maturity of three months or less at the time of purchase to be cash equivalents. We may maintain cash equivalents in financial institutions in excess of insured limits, but believe this risk will be mitigated by only investing in or through major financial institutions. Real Estate Purchase Price Allocation We account for acquisitions in accordance with amended accounting guidance which requires that we allocate the purchase price of the property to the tangible and intangible assets acquired and the liabilities assumed based on estimated fair values. This guidance requires us to make significant estimates and assumptions, including fair value estimates, as of the acquisition date and to adjust those estimates as necessary during the measurement period (defined as the period, not to exceed one year, in which we may adjust the provisional amounts recognized for an acquisition). Acquisitions of portfolios of facilities are allocated to the individual facilities based upon an income approach or a cash flow analysis using appropriate risk adjusted capitalization rates which take into account the relative size, age, and location of the individual facility along with current and projected occupancy and rental rate levels or appraised values, if available. Allocations to the individual assets and liabilities are based upon comparable market sales information for land and estimates of depreciated replacement cost of equipment, building and site improvements. In allocating the purchase price, we determine whether the acquisition includes intangible assets or liabilities. Substantially all of the leases in place at acquired properties are at market rates, as the majority of the leases are month-to-month contracts. We also consider whether in-place, market leases represent an intangible asset. We recorded approximately $2.0 million and approximately $0.7 million in intangible assets to recognize the value of in-place leases related to our acquisitions during 2015 and 2014, respectively. We do not expect, nor to date have we recorded, intangible assets for the value of customer relationships because we expect we will not have concentrations of significant customers and the average customer turnover will be fairly frequent. Our acquisition-related transaction costs are required to be expensed as incurred. During the years ended December 31, 2015 and 2014 we expensed approximately $1.1 million and approximately $0.6 million, respectively, of acquisition-related transaction costs. Should the initial accounting for an acquisition be incomplete by the end of a reporting period that falls within the measurement period, we will report provisional amounts in our financial statements. During the measurement period, we will adjust the provisional amounts recognized at the acquisition date to reflect new information obtained about facts and circumstances that existed as of the acquisition date that, if known, would have affected the measurement of the amounts recognized as of that date and we will record those adjustments to our financial statements. We will recognize any measurement period adjustments during the period in which we determine the amount of the adjustment to our financial statements, potentially including adjustments to interest, depreciation and amortization expense. Evaluation of Possible Impairment of Long-Lived Assets Management will continually monitor events and changes in circumstances that could indicate that the carrying amounts of our long-lived assets may not be recoverable. When indicators of potential impairment are present that indicate that the carrying amounts of the assets may not be recoverable, we will assess the recoverability of the assets by determining whether the carrying value of the long-lived assets will be recovered through the undiscounted future operating cash flows expected from the use of the asset and its eventual disposition. In the event that such expected undiscounted future cash flows do not exceed the carrying value, we will adjust the value of the long-lived assets to the fair value and recognize an impairment loss. As of December 31, 2015 and 2014, no impairment losses were recognized. Revenue Recognition Management believes that all of our leases are operating leases. Rental income is recognized in accordance with the terms of the leases, which generally are month-to-month. Revenues from any long-term operating leases are recognized on a straight-line basis over the term of the lease. The excess of rents received over amounts contractually due pursuant to the underlying leases is included in accounts payable and accrued liabilities in our consolidated balance sheets and contractually due but unpaid rent is included in other assets. Allowance for Doubtful Accounts Tenant accounts receivable is reported net of an allowance for doubtful accounts. Management’s estimate of the allowance is based upon a review of the current status of tenant accounts receivable. It is reasonably possible that management’s estimate of the allowance will change in the future. Real Estate Facilities Real estate facilities are recorded at cost. We capitalize costs incurred to develop, construct, renovate and improve properties, including interest and property taxes incurred during the construction period. The construction period begins when expenditures for the real estate assets have been made and activities that are necessary to prepare the asset for its intended use are in progress. The construction period ends when the asset is substantially complete and ready for its intended use. Depreciation of Real Property Assets Our management is required to make subjective assessments as to the useful lives of our depreciable assets. We consider the period of future benefit of the asset to determine the appropriate useful lives. Depreciation of our real property assets is charged to expense on a straight-line basis over the estimated useful lives as follows: Description Standard Depreciable Life Land Not Depreciated Buildings 30-35 years Site Improvements 7-10 years As described in Note 1, after the close of the Merger all of our properties in the United States were re-branded under the Extra Space name. As such, for the year ended December 31, 2015, the depreciable lives for capitalized SmartStop branded signs were reduced to their estimated remaining useful lives. Depreciation expense for the year ended December 31, 2015 includes approximately $175,000 of accelerated depreciation related to the SmartStop branded signs. Depreciation of Personal Property Assets Personal property assets consist primarily of furniture, fixtures and equipment and are depreciated on a straight-line basis over the estimated useful lives generally ranging from 3 to 5 years, and are included in other assets on our consolidated balance sheets. Intangible Assets We have allocated a portion of our real estate purchase price to in-place leases. We are amortizing in-place leases on a straight-line basis over the estimated future benefit period. As of December 31, 2015 and 2014, the gross amounts allocated to in-place lease intangibles were approximately $2.7 million and approximately $0.7 million, respectively, and accumulated amortization of in-place lease intangibles totaled approximately $1.2 million and approximately $0.3 million, respectively. The total estimated amortization expense of intangible assets for the years ending December 31, 2016 and 2017, are approximately $1.1 million, approximately $0.4 million, respectively, and none for the years thereafter. Debt Issuance Costs Costs incurred in connection with obtaining financing are deferred and amortized on a straight-line basis over the term of the related loan, which is not materially different than the effective interest method. As of December 31, 2015 and 2014, accumulated amortization of debt issuance costs totaled approximately $0.3 million and $0.1 million, respectively. Organizational and Offering Costs Our Advisor may fund organization and offering costs on our behalf. We will be required to reimburse our Advisor for such organization and offering costs; provided, however, our Advisor must reimburse us within 60 days after the end of the month in which the Offering terminates to the extent we paid or reimbursed organization and offering costs (excluding sales commissions and dealer manager fees) in excess of 3.5% of the gross offering proceeds from the Primary Offering. Such costs will be recognized as a liability when we have a present responsibility to reimburse our Advisor, which is defined in our Advisory Agreement as the date we satisfied the minimum offering requirements of our Private Offering (which occurred on May 23, 2014). If at any point in time we determine that the total organization and offering costs are expected to exceed 3.5% of the gross proceeds anticipated to be received from the Primary Offering, we will recognize such excess as a capital contribution from our Advisor. As of December 31, 2015, we do not believe total organization and offering costs will exceed 3.5% of the gross proceeds anticipated to be received from the Primary Offering. Offering costs are recorded as an offset to additional paid-in capital, and organization costs are recorded as an expense. Redeemable Common Stock We adopted a share redemption program that will enable stockholders to sell their shares to us in limited circumstances. We record amounts that are redeemable under the share redemption program as redeemable common stock in the accompanying consolidated balance sheet since the shares are redeemable at the option of the holder and therefore their redemption is outside our control. The maximum amount redeemable under our share redemption program is limited to the number of shares we can repurchase with the amount of the net proceeds from the sale of shares under the distribution reinvestment plan. However, accounting guidance states that determinable amounts that can become redeemable but that are contingent on an event that is likely to occur (e.g., the passage of time) should be presented as redeemable when such amount is known. Therefore, the net proceeds from the distribution reinvestment plan are considered to be temporary equity and are presented as redeemable common stock in the accompanying consolidated balance sheet. In addition, current accounting guidance requires, among other things, that financial instruments that represent a mandatory obligation of us to repurchase shares be classified as liabilities and reported at settlement value. Our redeemable common shares will be contingently redeemable at the option of the holder. When we determine we have a mandatory obligation to repurchase shares under the share redemption program, we will reclassify such obligations from temporary equity to a liability based upon their respective settlement values. Through December 31, 2015 we had not received any requests for redemptions. Accounting for Equity Awards The cost of restricted stock is required to be measured based on the grant date fair value and the cost recognized over the relevant service period. Fair Value Measurements The accounting standard for fair value measurements and disclosures defines fair value, establishes a framework for measuring fair value, and provides for expanded disclosure about fair value measurements. Fair value is defined by the accounting standard for fair value measurements and disclosures as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. It also establishes a fair value hierarchy that prioritizes observable and unobservable inputs used to measure fair value into three levels. The following summarizes the three levels of inputs and hierarchy of fair value we will use when measuring fair value: • Level 1 inputs utilize quoted prices (unadjusted) in active markets for identical assets or liabilities that we have the ability to access; • Level 2 inputs may include quoted prices for similar assets and liabilities in active markets, as well as interest rates and yield curves that are observable at commonly quoted intervals; and • Level 3 inputs are unobservable inputs for the assets or liabilities that are typically based on an entity’s own assumptions as there is little, if any, related market activity. In instances where the determination of the fair value measurement is based on inputs from different levels of the fair value hierarchy, the fair value measurement will fall within the lowest level that is significant to the fair value measurement in its entirety. The accounting guidance for fair value measurements and disclosures provides a framework for measuring fair value and establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. In determining fair value, we will utilize valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs to the extent possible as well as consider counterparty credit risk in our assessment of fair value. Considerable judgment will be necessary to interpret Level 2 and 3 inputs in determining fair value of our financial and non-financial assets and liabilities. Accordingly, there can be no assurance that the fair values we will present will be indicative of amounts that may ultimately be realized upon sale or other disposition of these assets. Financial and non-financial assets and liabilities measured at fair value on a non-recurring basis in our consolidated financial statements consist of real estate and related liabilities assumed related to our acquisitions. The fair values of these assets and liabilities were determined as of the acquisition dates using widely accepted valuation techniques, including (i) discounted cash flow analysis, which considers, among other things, leasing assumptions, growth rates, discount rates and terminal capitalization rates, (ii) income capitalization approach, which considers prevailing market capitalization rates, and (iii) comparable sales activity. In general, we consider multiple valuation techniques when measuring fair values. However, in certain circumstances, a single valuation technique may be appropriate. All of the fair values of the assets and liabilities as of the acquisition dates were derived using Level 3 inputs. The carrying amounts of cash and cash equivalents, tenant accounts receivable, other assets, accounts payable and accrued liabilities, distributions payable and amounts due to affiliates will approximate fair value because of the relatively short-term nature of these instruments. To comply with GAAP, we incorporate credit valuation adjustments to appropriately reflect both our own nonperformance risk and the respective counterparty’s nonperformance risk in the fair value measurements. In adjusting the fair value of derivative contracts for the effect of nonperformance risk, we will consider the impact of netting and any applicable credit enhancements, such as collateral postings, thresholds, mutual puts, and guarantees. Noncontrolling Interest in Consolidated Entities We account for the noncontrolling interest in our Operating Partnership in accordance with the related accounting guidance. Due to our control through our general partnership interest in our Operating Partnership and the limited rights of the limited partner, our Operating Partnership, including its wholly-owned subsidiaries, are consolidated with the Company and the limited partner interest is reflected as a noncontrolling interest in the accompanying consolidated balance sheet. The noncontrolling interest shall be attributed its share of income and losses, even if that attribution results in a deficit noncontrolling interest balance. Income Taxes We made an election to be taxed as a Real Estate Investment Trust (“REIT”), under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the “Code”), commencing with our taxable year ended December 31, 2014. To continue to qualify as a REIT, we must meet certain organizational and operational requirements, including a requirement to distribute at least 90% of the REIT’s ordinary taxable income to stockholders. As a REIT, we generally will not be subject to federal income tax on taxable income that we distribute to our stockholders. If we fail to qualify as a REIT in any taxable year, we will then be subject to federal income taxes on our taxable income at regular corporate rates and will not be permitted to qualify for treatment as a REIT for federal income tax purposes for four years following the year during which qualification is lost unless the IRS grants us relief under certain statutory provisions. Such an event could materially adversely affect our net income and net cash available for distribution to stockholders. However, we believe that we are organized and operate in such a manner as to continue to qualify for treatment as a REIT and intend to operate in the foreseeable future in such a manner that we will remain qualified as a REIT for federal income tax purposes. Even if we continue to qualify for taxation as a REIT, we may be subject to certain state and local taxes on our income and property, and federal income and excise taxes on our undistributed income. We filed elections to treat our TRS as a taxable REIT subsidiary effective January 1, 2014. In general, the TRS performs additional services for our customers and generally engages in any real estate or non-real estate related business. The TRS is subject to corporate federal and state income tax. The TRS follows accounting guidance which requires the use of the asset and liability method. Deferred income taxes represent the tax effect of future differences between the book and tax bases of assets and liabilities. Per Share Data Basic earnings per share attributable to Strategic Storage Growth Trust, Inc. for all periods presented are computed by dividing net income (loss) attributable to Strategic Storage Growth Trust, Inc. by the weighted average number of shares outstanding during the period, excluding unvested restricted stock. Diluted earnings per share are computed by dividing net income (loss) attributable to Strategic Storage Growth Trust, Inc. by the weighted average number of shares outstanding, adjusted for the dilutive effect of unvested restricted stock, utilizing the treasury stock method. For all periods presented the dilutive effective of unrestricted stock was not included in the dilutive weighted average shares as such shares were antidilutive. Recently Issued Accounting Guidance In May 2014, the Financial Accounting Standards Board (“FASB”) issued ASU 2014-09 “Revenue from Contracts with Customers” (“ASU 2014-09”) as Accounting Standards Codification (“ASC”) Topic 606. The objective of ASU 2014-09 is to establish a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and will supersede most of the existing revenue recognition guidance, including industry-specific guidance. The core principle is that a company should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In applying the new standard, companies will perform a five-step analysis of transactions to determine when and how revenue is recognized. ASU 2014-09 applies to all contracts with customers except those that are within the scope of other topics in the FASB ASC. In July 2015, the FASB voted to defer the effective date by one year to annual reporting periods (including interim periods within those periods) beginning after December 15, 2017 and early adoption is permitted. This ASU shall still be applied using either a full retrospective or modified retrospective approach. We are in the process of evaluating the impact of this standard on our consolidated financial statements and the impact is unknown at this time. In February 2015, the FASB issued ASU 2015-02, “Consolidation (Topic 810): Amendments to the Consolidation Analysis.” ASU 2015-02 changes the analysis that a reporting entity must perform to determine whether it should consolidate certain types of legal entities. Specifically, ASU 2015-02 modifies the evaluation of whether limited partnerships and similar legal entities are VIEs or voting interest entities, eliminates the presumption that a general partner should consolidate a limited partnership, and affects the evaluation of fee arrangements in the primary beneficiary determination. ASU 2015-02 is effective for periods beginning after December 15, 2015 and early adoption is permitted. We are in the process of evaluating the impact of this standard on our consolidated financial statements and the impact is unknown at this time. In April 2015, the FASB issued ASU 2015-03, “Interest – Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs.” ASU 2015-03 requires that debt issuance costs be presented in the balance sheet as a direct deduction from the carrying amount of debt liability, consistent with debt discounts or premiums. Given the absence of authoritative guidance within ASU 2015-03 for debt issuance costs related to line-of-credit arrangements, in August 2015, the FASB issued ASU 2015-15, “Interest - Imputation of Interest (Subtopic 835-30), Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements”, which clarifies ASU No. 2015-03 by stating that the staff of the SEC would not object to an entity deferring and presenting debt issuance costs as an asset and subsequently amortizing the deferred debt issuance costs ratably over the term of the line-of-credit arrangement, regardless of whether there are any outstanding borrowings on the line-of-credit arrangement. ASU 2015-03 and ASU 2015-15 are effective for periods beginning after December 15, 2015 and early adoption is permitted. We are in the process of evaluating the impact of this standard on our consolidated financial statements and the impact is unknown at this time. In September 2015, the FASB issued ASU 2015-16, “Business Combinations: Simplifying the Accounting for Measurement-Period Adjustments”. The amendments in the update require an acquirer in a business combination to recognize adjustments to estimated amounts identified during the measurement period in the reporting period in which the adjustment amounts are determined. The acquirer must record the effect of the adjustments on earnings as if the accounting had been completed at the acquisition date and the acquirer must disclose in its financial statements the portion of the amounts recorded in each line item of current-period earnings that would have been recorded in previous periods if the adjustments to estimated amounts had been recognized as of the acquisition date. The update is effective for fiscal years beginning after December 15, 2015, including interim periods within those fiscal years, with early adoption permitted for financial statements that have not been issued. We early adopted this new guidance and the effect on our financial statements is discussed in Notes 3 and 9. In February 2016, the FASB issued ASU 2016-02, “Leases (Topic 842)”, which amends the guidance on accounting for leases. Under ASU 2016-02, lessees will be required to recognize the following for all leases (with the exception of short-term leases) at the commencement date: (1) a lease liability, which is a lessee’s obligation to make lease payments arising from a lease; and (2) a right-of-use asset, which is an asset that represents the lessee’s right to use, or control the use of, a specified asset for the lease term. Under ASU 2016-02, lessor accounting is largely unchanged. It also includes extensive amendments to the disclosure requirements. ASU 2016-02 is effective for fiscal years and interim periods beginning after December 15, 2018. Early adoption is permitted for financial statements that have not yet been made available for issuance. ASU 2016-02 requires a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements. We are in the process of evaluating the impact of this standard on our consolidated financial statements and the impact is unknown at this time.

Real Estate Facilities

Real Estate Facilities	12 Months Ended
	Dec. 31, 2015
Real Estate [Abstract]
Real Estate Facilities	Note 3. Real Estate Facilities The following summarizes the activity in real estate facilities during the years ended December 31, 2015 and 2014: Real estate facilities Balance at December 31, 2013 $ — Facility acquisitions 18,645,000 Improvements and additions 322,479 Balance at December 31, 2014 18,967,479 Asset disposals (176,816 ) Facility acquisitions 40,921,250 Improvements and additions 617,486 Balance at December 31, 2015 $ 60,329,399 Accumulated depreciation Balance at December 31, 2013 $ — Depreciation expense (182,836 ) Balance at December 31, 2014 (182,836 ) Asset disposals 176,816 Depreciation expense (1,151,093 ) Balance at December 31, 2015 $ (1,157,113 ) The following tables summarize the purchase price allocations for our acquisitions during the years ended December 31, 2015 and 2014: Property Acquisition Date Real Estate Assets Intangibles Total Debt Issued 2015 Revenue (1) 2015 Property Operating Income (3) Colorado Springs — 1/29/2015 $ 4,036,875 $ 180,000 $ 4,216,875 $ 2,564,614 $ 414,392 $ 200,274 Riverside — 2/05/2015 1,986,875 90,000 2,076,875 947,524 422,072 167,241 Stockton — 2/05/2015 1,506,875 80,000 1,586,875 439,230 377,643 166,988 Azusa — 2/05/2015 3,976,875 210,000 4,186,875 2,500,668 617,013 362,085 Romeoville — 2/05/2015 3,246,875 180,000 3,426,875 1,852,578 474,062 230,243 Elgin — 2/05/2015 656,875 30,000 686,875 — 303,823 108,535 San Antonio I — (2) 12/17/2015 11,620,000 670,000 12,290,000 9,426,260 35,968 19,343 Kingwood — (2) 12/17/2015 8,030,000 430,000 8,460,000 6,461,880 24,722 11,696 Aurora — (2) 12/17/2015 5,860,000 80,000 5,940,000 4,561,860 18,393 9,003 2015 Total $ 40,921,250 $ 1,950,000 $ 42,871,250 $ 28,754,614 $ 2,688,088 $ 1,275,408 Property Acquisition Date Real Estate Assets Intangibles Total Debt Issued 2014 Revenue (1) 2014 Property Operating Income (3) Fort Pierce — 7/31/2014 $ 3,760,000 $ 90,000 $ 3,850,000 $ 988,659 $ 142,382 $ 27,673 Las Vegas I — 7/31/2014 9,045,000 405,000 9,450,000 5,360,706 380,826 230,916 Las Vegas II — 9/29/2014 5,840,000 210,000 6,050,000 3,196,021 141,927 74,745 2014 Total $ 18,645,000 $ 705,000 $ 19,350,000 $ 9,545,386 $ 665,135 $ 333,334 (1) The operating results of the facilities acquired above have been included in our statement of operations since their respective acquisition date. (2) The allocations noted above are based on a preliminary determination of the fair value of the total consideration provided. Such valuations may change as we complete our purchase price accounting. (3) Property operating income excludes corporate general and administrative expenses, asset management fees, interest expense, depreciation, amortization and acquisition expenses. Certain purchase price allocations noted above are preliminary and therefore, subject to change upon the completion of our analysis of appraisals and other information related to the acquisitions. We anticipate finalizing such purchase price allocations by December 31, 2016, as further evaluations are completed and additional information is received from third parties. During 2015 we completed the purchase price allocations for the properties acquired during 2014 and there were no changes to the provisional amounts recorded. During 2015 we also completed the purchase price allocations for the properties acquired during the first quarter of 2015 and recognized during the fourth quarter measurement period adjustments, which had the aggregate impact of increasing our allocation to buildings by approximately $1.8 million, with reductions to land, site improvements and intangible assets of approximately $0.8 million, $0.2 million and $0.8 million, respectively. The impact of such reclassifications was that we recognized measurement period adjustments during the fourth quarter to our consolidated statement of operations, which had the aggregate impact of an increase to depreciation expense during the year of approximately $25,000 and a decrease to intangible amortization expense of approximately $0.2 million for the year. We incurred acquisition fees to our Advisor related to the above properties of approximately $0.6 and $0.2 million for the years ended December 31, 2015 and 2014, respectively.

Secured Debt

Secured Debt	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Secured Debt	Note 4. Secured Debt KeyBank Facility On July 31, 2014, we, through our Operating Partnership and certain property-owning special purpose entities wholly-owned by our Operating Partnership (collectively with the Operating Partnership, the “Borrower”), obtained a senior secured revolving term loan (the “KeyBank Facility”) from KeyBank National Association (“KeyBank”) pursuant to a credit agreement (the “Credit Agreement”) for the purpose of funding real property acquisitions. The maximum amount we could borrow under the KeyBank Facility was initially $20,000,000. On December 17, 2015, the Borrower entered into an Amendment to the Credit Agreement (“the “Amendment”), whereby KeyBank agreed to lend us up to $40 million total under the KeyBank Facility and we borrowed an additional approximately $20.5 million. As of December 31, 2015, the total amount borrowed under the KeyBank Facility was $38.3 million. In addition, the Amendment permits us to borrow up to an additional $6.25 million (the “Additional Borrowing”) within 120 days following December 17, 2015 (the “Adjustment Period”), for a total potential borrowing amount of $46.25 million during the Adjustment Period. Pursuant to the Amendment, we must repay the Additional Borrowing by the end of the Adjustment Period. On January 6, 2016, we borrowed an additional approximately $8 million to partially fund a self storage facility acquisition (see Note 11). During the Curtailment Period (as that term is defined in the Amendment), we and the Operating Partnership must apply all proceeds from all asset sales and refinancing as well as all net proceeds of equity issuances to pay down the outstanding principal balance on the KeyBank Facility to an aggregate amount of the lesser of either $40 million or the borrowing base availability calculated in accordance with the covenants that are applied outside of the Adjustment Period. Subsequent to December 31, 2015, the KeyBank Facility was further amended. See additional discussion in Note 11. The Borrower has the right to request the KeyBank Facility be increased up to $150,000,000 in minimum increments of $20,000,000 during the first 26 months of the term of the KeyBank Facility. The KeyBank Facility has an initial term of three years, maturing on July 31, 2017, with two one-year extension options subject to certain conditions outlined further in the Credit Agreement. Payments due pursuant to the KeyBank Facility are interest-only for the first 36 months and a 30-year amortization schedule thereafter. The KeyBank Facility normally bears interest at the Borrower’s option of either (i) LIBOR plus 325 basis points, or (ii) Base Rate plus 225 basis points. Base Rate is the greater of (i) Agent Prime or (ii) the Fed Funds rate plus 0.50%. However, borrowings made during the Adjustment Period bear interest at the Borrower’s option of either (x) LIBOR plus 375 basis points, or (y) Base Rate plus 275 basis points. The Borrower elected to have LIBOR plus 375 basis points apply to its outstanding borrowing, which equated to an interest rate of approximately 4.1% as of December 31, 2015. The KeyBank Facility is full recourse, jointly and severally, to us and the Borrower and is secured by cross-collateralized first mortgage liens on the Mortgaged Properties (as defined in the Credit Agreement). The KeyBank Facility may be prepaid or terminated at any time without penalty, provided, however, that KeyBank shall be indemnified for any breakage costs associated with any LIBOR borrowings. Pursuant to that certain guaranty dated July 31, 2014 in favor of KeyBank, we serve as a guarantor of all obligations due under the KeyBank Facility. Under certain conditions, we may cause the release of one or more of the properties serving as collateral for the KeyBank Facility, subject to no default or event of default is then outstanding or would reasonably occur as a result of such release, including compliance with the Pool Debt-Service Coverage Ratio (as defined in the Credit Agreement). The KeyBank Facility contains a number of other customary terms and covenants, including the following (capitalized terms are as defined in the Credit Agreement): the aggregate borrowing base availability under the KeyBank Facility is limited to the lesser of: (1) 55% of the Pool Value of the properties in the collateral pool, or (2) an amount that would provide a minimum Debt Service Coverage Ratio of no less than 1.35 to 1.0; and we must meet the following financial tests, calculated as of the close of each fiscal quarter: (1) a Total Leverage Ratio of no more than 60%; (2) a Tangible Net Worth not less than (a) $5,937,713, plus (b) 80% of Net Equity Proceeds received after the Effective Date, less (c) any amounts paid for the redemption or retirement of the Preferred Equity Investment; (3) an Interest Coverage Ratio of no less than 1.6 to 1.0 commencing at the earlier of the fiscal quarter immediately following the acquisition of the final Portfolio Property or March 31, 2015 increasing to 1.75 to 1.0 in year 2 and 1.85 to 1.0 in year 3; (4) a Fixed Charge Ratio of no less than 1.6 to 1.0 commencing at the earlier of the fiscal quarter immediately following the acquisition of the final Portfolio Property or March 31, 2015; (5) a ratio of varying rate Indebtedness to total Indebtedness not in excess of 30%; (6) a Loan to Value Ratio of not greater than fifty-five percent (55%); and (7) a Debt Service Coverage Ratio of not less than 1.35 to 1.0. The Amendment modified certain covenants contained in the Credit Agreement, including the following (capitalized terms are as defined in the Amendment and the Credit Agreement): • The aggregate borrowing base availability under the KeyBank Credit Facility is limited to the lesser of: (1) during the Adjustment Period, sixty five percent (65%) of the Pool Value of the Mortgaged Properties, and at all other times fifty-five percent (55%) of the Pool Value of the Mortgaged Properties, or (2) during the Adjustment Period, a loan amount which would provide a Pool Debt Yield of no less than nine percent (9%), and at all other times a loan amount which would provide a minimum Debt Service Coverage Ratio of no less than 1.35 to 1.0. • a Total Leverage Ratio no greater than sixty-five percent (65%) during the Adjustment Period and at all other times no greater than sixty percent (60%); • an Interest Coverage Ratio of not less than 1.65:1.00 during the Adjustment Period, and thereafter 1.75:1.00 through the quarter ending June 30, 2016, and increasing to 1.85:1.00 as of September 30, 2016 and on each quarter end thereafter; • a ratio of (i) the Indebtedness that bears interest at a varying rate of interest or that does not have the interest rate fixed, capped or swapped pursuant to a Hedging Agreement (excluding any such Indebtedness constituting the increased Commitment hereunder during the Adjustment Period) to (ii) the sum of the Indebtedness (excluding the increased Commitment hereunder during the Adjustment Period), not in excess of thirty percent (30%); and • during the Adjustment Period, a Loan to Value Ratio of not greater than sixty-five percent (65%) and at all other times a Loan to Value Ratio of not greater than fifty-five percent (55%). The Amendment allows us to incur a maximum aggregate amount of recourse debt of 15% of our Total Asset Value (as the term is defined in the Amendment) prior to December 31, 2017, and a maximum aggregate amount of 10% of its Total Asset Value thereafter. On July 31, 2014, our Operating Partnership purchased an interest rate cap with a notional amount of $15 million, such that in no event will our interest rate exceed 5.75% thereon through August 1, 2016. Additionally, this interest rate cap was amended on December 14, 2015, to increase the notional amount to $37 million. The following table presents the future principal payment requirements on outstanding secured debt as of December 31, 2015: 2016 $ — 2017 38,300,000 2018 — 2019 — 2020 — 2021 and thereafter — Total payments $ 38,300,000

Preferred Equity

Preferred Equity	12 Months Ended
	Dec. 31, 2015
Equity [Abstract]
Preferred Equity	Note 5. Preferred Equity Issuance of Preferred Units by our Operating Partnership On July 31, 2014, we and our Operating Partnership entered into a Series A Cumulative Redeemable Preferred Unit Purchase Agreement (the “Unit Purchase Agreement”) with SSTI Preferred Investor, LLC (the “Preferred Investor”), a wholly-owned subsidiary of SmartStop Self Storage Operating Partnership, L.P. through September 30, 2015, and a subsidiary of Extra Space effective October 1, 2015 as a result of the Merger. Pursuant to the Unit Purchase Agreement, the Preferred Investor agreed to provide up to $18,100,000 through a preferred equity investment in our Operating Partnership (the “Investment”), to be used solely for investments in self storage properties, as described in the underlying documents, in exchange for up to 724,000 preferred units of limited partnership interest of our Operating Partnership (the “Preferred Units”), each having a liquidation preference of $25.00 per Preferred Unit (the “Liquidation Amount”), plus all accrued and unpaid distributions. In addition to the Unit Purchase Agreement, we and our Operating Partnership entered into a Second Amended and Restated Limited Partnership Agreement of the Operating Partnership (the “Second Amended and Restated Limited Partnership Agreement”), and Amended and Restated Amendment No. 1 to the Second Amended and Restated Limited Partnership Agreement (the “First Amendment”). The Second Amended and Restated Limited Partnership Agreement authorized the issuance of additional classes of units of limited partnership interest in the Operating Partnership, established a new series of preferred units of limited partnership interest in the Operating Partnership and set forth other necessary corresponding changes. All other terms of the Second Amended and Restated Limited Partnership Agreement remained substantially the same as the original Limited Partnership Agreement. The First Amendment sets forth key terms of the Preferred Units, some of which are discussed below. On July 31, 2014, the Preferred Investor invested approximately $7.1 million in the first tranche of its Investment in our Operating Partnership which proceeds were used in connection with the acquisitions of the Ft. Pierce property and the Las Vegas I property and in exchange the Preferred Investor received approximately 280,000 Preferred Units in our Operating Partnership. On September 29, 2014, the Preferred Investor invested approximately $2.8 million in the second tranche of its Investment in our Operating Partnership which proceeds were used in connection with the acquisition of the Las Vegas II property and in exchange the Preferred Investor received approximately 113,000 Preferred Units in our Operating Partnership. On December 31, 2014, we issued approximately 17,000 Preferred Units in our Operating Partnership to the Preferred Investor to cover the approximately $420,000 in costs incurred by the Preferred Investor in making its investment. On January 29, 2015, and February 5, 2015, we closed on a portfolio of six properties. These acquisitions were funded in part by the issuance of approximately 80,000 and 208,000 Preferred Units in our Operating Partnership, respectively, which were issued for approximately $2.0 million and $5.2 million, respectively. On September 23, 2015 we redeemed $1.5 million in Liquidation Amount of the Preferred Units. As of December 31, 2015, the Preferred Investor had a remaining amount invested of approximately $16 million and approximately 640,000 Preferred Units in our Operating Partnership. The holders of Preferred Units receive current distributions (the “Current Distributions”) at a rate of one-month LIBOR plus 6.5% per annum on the Liquidation Amount, payable monthly and calculated on an actual/360 basis. In addition to the Current Distributions, our Operating Partnership has the obligation to elect either (A) pay the holder of the Preferred Units additional distributions monthly in an amount that will accrue at the rate of: (i) 4.35% until January 31, 2017; and (ii) thereafter, 6.35% or (B) defer the additional distributions in an amount that will accrue monthly at the rate of (i) for the period until January 31, 2017, LIBOR plus 10.85% and (ii) thereafter, LIBOR plus 12.85% (the “Deferred Distributions”). As of December 31, 2015 and 2014, we had elected to defer the additional distributions and had accrued approximately $0.9 million and $0.2 million of such distributions, respectively. The Preferred Units may be redeemed by our Operating Partnership, in whole or in part, at the option of our Operating Partnership at any time. The redemption price (the “Redemption Price”) for the Preferred Units will be equal to: (i) in the event of a partial redemption, the sum of the Liquidation Amount plus all accumulated and unpaid Current Distributions thereon to the date of redemption; and (ii) in the event of the redemption of all outstanding Preferred Units, the sum of the Liquidation Amount plus all accumulated and unpaid Current Distributions and any accumulated Deferred Distributions thereon to the date of redemption. If fewer than all of the outstanding Preferred Units are to be redeemed at the option of our Operating Partnership, the Preferred Units to be redeemed will be determined pro rata or by lot or in such other manner as determined by us, as the general partner of our Operating Partnership to be fair and equitable to all holders of the Preferred Units. The holder of the Preferred Units may require our Operating Partnership to repurchase the Preferred Units upon the occurrence of any of the following (each an “Optional Repurchase Event” and as defined within the Amendment): (A) a breach of any of the Protective Provisions; (B) an Event of Default; (C) a Change of Control that has not been consented to in accordance with the terms of the Amendment; (D) our failure to qualify as a REIT under the Internal Revenue Code; or (E) the occurrence and continuance of a monetary or a material default beyond any applicable cure period under any of the loan documents for each of the properties in the portfolio. The repurchase price for the Preferred Units will be the Redemption Price.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Related Party Transactions	Note 6. Related Party Transactions Fees to Affiliates Our Advisory Agreement with our Advisor and dealer manager agreement (“Dealer Manager Agreement”) with our Dealer Manager, entitle our Advisor and our Dealer Manager to specified fees upon the provision of certain services with regard to the Public Offering and investment of funds in real estate properties, among other services, as well as reimbursement for organizational and offering costs incurred by our Advisor on our behalf and reimbursement of certain costs and expenses incurred by our Advisor in providing services to us. Additionally, the advisory agreement (the “Private Offering Advisory Agreement”) and dealer manager agreement (the “Private Offering Dealer Manager Agreement”) executed in connection with the Private Offering, entitled our Advisor and our Dealer Manager to specified fees upon the provision of certain services with regard to the Private Offering and investment of funds in real estate properties, among other services, as well as reimbursement for organizational and offering costs incurred by our Advisor on our behalf and reimbursement of certain costs and expenses incurred by our Advisor in providing services to us. Organization and Offering Costs Organization and offering costs of the Private Offering were paid by our Advisor on our behalf and were reimbursed to our Advisor from the proceeds of our Private Offering pursuant to the Private Offering Advisory Agreement. Organization and offering costs incurred in connection with the Private Offering consisted of all expenses (other than sales commissions and the dealer manager fee) to be paid by us in connection with the Private Offering, including our legal, accounting, printing, mailing and filing fees, charges of our escrow holder and other accountable organization and offering expenses, including, but not limited to, (i) amounts to reimburse our Advisor for all marketing related costs and expenses such as salaries and direct expenses of employees of our Advisor and its affiliates in connection with registering and marketing our shares; (ii) technology costs associated with the offering; (iii) our costs of conducting our training and education meetings; (iv) our costs of attending retail seminars conducted by participating broker-dealers; and (v) payment or reimbursement of bona fide due diligence expenses. We have incurred and will continue to incur similar organization and offering costs in connection with the Public Offering. Pursuant to the Advisory Agreement, our Advisor must reimburse us within 60 days after the end of the month which the Public Offering terminates to the extent we paid or reimbursed organization and offering costs (excluding sales commissions and dealer manager fees) in excess of 3.5% of the gross offering proceeds from the Primary Offering. Advisory Agreement We do not have any employees. Our Advisor is primarily responsible for managing our business affairs and carrying out the directives of our board of directors. Our Advisor receives various fees and expenses under the terms of our Advisory Agreement and the Private Offering Advisory Agreement (which terminated upon commencement of the Advisory Agreement). As discussed above, we are required under our Advisory Agreement to reimburse our Advisor for organization and offering costs from the Public Offering; provided, however, pursuant to the Advisory Agreement, our Advisor will be required to reimburse us within 60 days after the end of the month in which the Public Offering terminates to the extent we paid or reimbursed organization and offering costs (excluding sales commissions and dealer manager fees) in excess of 3.5% of the gross offering proceeds from the Primary Offering. The Advisory Agreement also requires our Advisor to reimburse us to the extent that offering expenses, including sales commissions, dealer manager fees and organization and offering expenses, are in excess of 15% of gross proceeds from the Public Offering. Our Advisor receives acquisition fees equal to 1.75% and 1%, respectively, of the contract purchase price of each property we acquire plus reimbursement of any acquisition expenses our Advisor incurs pursuant to the Advisory Agreement and the Private Offering Advisory Agreement. Our Advisor also receives a monthly asset management fee equal to 0.04167%, which is one-twelfth of 0.5%, of our average invested assets, as defined. We also pay our Advisor a financing fee of up to 0.5% of the borrowed amount of a loan for arranging for financing in connection with the acquisition, development or repositioning of our properties. Our Advisor may reallow a portion of the financing fee to a third party in the event such party assisted us in arranging such financing. Under our Advisory Agreement, our Advisor receives disposition fees in an amount equal to the lesser of (i) one-half of the competitive real estate commission or (ii) 1% of the contract sale price for each property we sell, as long as our Advisor provides substantial assistance in connection with the sale. As provided under the Advisory Agreement, the total real estate commissions paid (including the disposition fee paid to our Advisor) may not exceed the lesser of a competitive real estate commission or an amount equal to 6% of the contract sale price of the property. We also pay our Advisor or its affiliate a market-based development fee some or all of which may be reallowed to a third party developer. The development fee is paid in connection with properties that we anticipate developing or expanding within 12 months of the acquisition of such properties. A development fee to a third party developer may take the form of an up-front fee and participation in a back-end performance fee. Our Advisor is also entitled to various subordinated distributions under the Second Amended and Restated Limited Partnership Agreement if we (1) list our shares of common stock on a national exchange, (2) terminate our Advisory Agreement, (3) liquidate our portfolio, or (4) merge with another entity or enter into an Extraordinary Transaction, as defined in the Second Amended and Restated Limited Partnership Agreement. Our Advisory Agreement provides for reimbursement of our Advisor’s direct and indirect costs of providing administrative and management services to us. Beginning four fiscal quarters after we acquire our first real estate asset, pursuant to the Advisory Agreement, our Advisor is required to pay or reimburse us the amount by which our aggregate annual operating expenses, as defined, exceed the greater of 2% of our average invested assets or 25% of our net income, as defined, unless a majority of our independent directors determine that such excess expenses were justified based on unusual and non-recurring factors. For any fiscal quarter for which total operating expenses for the 12 months then ended exceed the limitation, we will disclose this fact in our next quarterly report or within 60 days of the end of that quarter and send a written disclosure of this fact to our stockholders. In each case the disclosure will include an explanation of the factors that the independent directors considered in arriving at the conclusion that the excess expenses were justified. As of December 31, 2015, we had incurred total operating expenses for the 12 months then ended that exceeded the greater of 2% of our average invested assets or 25% of our net income, as defined, in the four consecutive fiscal quarters then ended by approximately $255,000 (the “Excess Expenses”). On March 4, 2016, our board of directors, including all of the independent directors, determined that there are unusual and non-recurring factors that are sufficient to justify the Excess Expenses, including but not limited to: (1) the amounts reflect legitimate operating expenses necessary for the operation of our business; (2) we are in our first full year of operations and we are still in the acquisition and development stage; (3) the start-up costs associated with our first full year of operations, including the expenses associated with being a public company (such as audit and legal services, director and officer liability insurance and fees for directors), are significant and disproportionate to our average invested assets and net income; (4) our average invested assets was low due to us owning between 3 and 12 properties during the four fiscal quarter period; and (5) our focus on acquisition of self storage properties that are not yet stabilized. Dealer Manager Agreement In connection with our Private Offering, our Dealer Manager received a sales commission of up to 7.0% of gross proceeds from sales in the Private Offering and a dealer manager fee equal to up to 3.75% of gross proceeds from sales in the Private Offering under the terms of the dealer manager agreement for our Private Offering (the “Private Offering Dealer Manager Agreement”). In connection with our Primary Offering, our Dealer Manager receives a sales commission of up to 7.0% of gross proceeds from sales of Class A Shares and up to 2.0% of gross proceeds from the sales of Class T Shares in the Primary Offering and a dealer manager fee up to 3.0% of gross proceeds from sales of both Class A Shares and Class T Shares in the Primary Offering under the terms of the Dealer Manager Agreement. In addition, our Dealer Manager receives an ongoing stockholder servicing fee that is payable monthly and accrues daily in an amount equal to 1/365th of 1% of the purchase price per share of the Class T Shares sold in the Primary Offering. We will cease paying the stockholder servicing fee with respect to the Class T shares sold in the Primary Offering at the earlier of (i) the date we list our shares on a national securities exchange, merge or consolidate with or into another entity, or sell or dispose of all or substantially all of our assets, (ii) the date at which the aggregate underwriting compensation from all sources equals 10% of the gross proceeds from the sale of both Class A shares and Class T shares in our Primary Offering (i.e., excluding proceeds from sales pursuant to our distribution reinvestment plan); (iii) the fifth anniversary of the last day of the fiscal quarter in which our Public Offering (excluding our distribution reinvestment plan offering) terminates; and (iv) the date that such Class T share is redeemed or is no longer outstanding. Our Dealer Manager has entered into participating dealer agreements with certain other broker-dealers which authorizes them to sell our shares. Upon sale of our shares by such broker-dealers, our Dealer Manager re-allows all of the sales commissions and, subject to certain limitations, the stockholder servicing fees paid in connection with sales made by these broker-dealers. Our Dealer Manager may also re-allow to these broker-dealers a portion of their dealer manager fee as marketing fees, reimbursement of certain costs and expenses of attending training and education meetings sponsored by our Dealer Manager, payment of attendance fees required for employees of our Dealer Manager or other affiliates to attend retail seminars and public seminars sponsored by these broker-dealers, or to defray other distribution-related expenses. Our Dealer Manager also receives reimbursement of bona fide due diligence expenses; however, to the extent these due diligence expenses cannot be justified, any excess over actual due diligence expenses will be considered underwriting compensation subject to a 10% FINRA limitation and, when aggregated with all other non-accountable expenses in connection with our Public Offering, may not exceed 3% of gross offering proceeds from sales in the Public Offering. Affiliated Dealer Manager Our President and Chief Executive Officer owned, through a wholly-owned limited liability company, a 15% non-voting equity interest in our Dealer Manager through August 31, 2014. Effective August 31, 2014, SmartStop indirectly owned the 15% non-voting equity interest in our Dealer Manager, pursuant to the Self Administration and Investment Management Transaction. Effective October 1, 2015, in connection with the Merger, the 15% non-voting equity interest in our Dealer Manager is now owned by our Sponsor. An affiliate of our Dealer Manager continues to own a 2.5% non-voting membership interest in our Advisor. Property Management Agreement Through September 30, 2015, each of our self storage properties was managed by our Property Manager under separate property management agreements. Under each agreement, our Property Manager received a fee for its services in managing our properties, generally equal to the greater of $3,000 or 6% of the gross revenues from the properties plus reimbursement of the Property Manager’s costs of managing the properties. Reimbursable costs and expenses included wages and salaries and other expenses of employees engaged in operating, managing and maintaining our properties. Our Property Manager also received a one-time fee for each property acquired by us that was managed by our Property Manager in the amount of $3,750. In the event that our Property Manager assisted with the development or redevelopment of a property, we paid a separate market-based fee for such services. In addition, our Property Manager was entitled to a construction management fee equal to 5% of the cost of construction or capital improvement work in excess of $10,000 and an administration fee equal to $0.50 a month for each insurance policy purchased by a tenant at one of our properties in connection with the tenant insurance program. Additionally, each agreement included a non-solicitation provision and a provision regarding the Property Manager’s use of trademarks and other intellectual property owned by SmartStop. As of October 1, 2015, each of our self storage properties are subject to separate property management agreements with our Property Manager, which in turn has entered into sub-property management agreements with Extra Space, which provides on-site management of our properties. Such agreements were entered into effective on October 1, 2015. Under the property management agreements, our Property Manager receives a monthly management fee of $2,500 or 6% of the gross revenues, whichever is greater, plus reimbursement of the Property Manager’s costs of managing the properties. Extra Space agreed to pay up to $25,000 for each property managed toward the signage and set-up costs associated with converting each property to the Extra Space brand (the “Set-Up Amount”). The property management agreements have a three year term and automatically renew for successive one year periods thereafter, unless we or our Property Manager provides prior written notice at least 90 days prior to the expiration of the term. We may terminate a property management agreement without cause at any time during the initial three year term if we pay the Property Manager a termination fee equal to the Set-Up Amount, reduced by 1/36th of the Set-Up Amount for every full month of the term. After the end of the initial three year term, we may terminate a property management agreement on 30 days prior written notice without payment of a termination fee. Our Property Manager may terminate a property management agreement on 60 days prior written notice to us. The sub-property management agreements between our Property Manager and Extra Space are substantially the same as the property management agreements between us and our Property Manager. Under the sub-property management agreements, our Property Manager pays Extra Space a monthly management fee of $2,500 or 6% of the gross revenues, whichever is greater, plus reimbursement of Extra Space’s costs of managing the properties; provided, however that no management fee is due and payable to Extra Space for the months of January and July each year during the term. Extra Space has the exclusive right to offer tenant insurance to the tenants and is entitled to all of the benefits of such tenant insurance. The sub-property management agreements also have a three year term and automatically renew for successive one year periods thereafter, unless our Property Manager or Extra Space provides prior written notice at least 90 days prior to the expiration of the term. Our Property Manager may terminate the sub-property management agreement without cause at any time during the initial three year term if it pays Extra Space a termination fee equal to the Set-Up Amount, reduced by 1/36th of the Set-Up Amount for every full month of the term. After the end of the initial three year term, our Property Manager may terminate a sub-property management agreement on 30 days prior written notice without payment of a termination fee. Extra Space may terminate a property management agreement on 60 days prior written notice to our Property Manager. In addition, we entered into an agreement with Extra Space and our Property Manager in which we agreed that, subject to certain limitations, our Property Manager will retain Extra Space as sub-property manager for all self storage properties we acquire in the United States that will be managed by our Property Manager. Pursuant to the terms of the agreements described above, the following table summarizes related party costs incurred and paid by us for the years ended December 31, 2014 and 2015, as well as any related amounts payable as of December 31, 2014 and 2015 (there were no related party costs incurred during the period from March 12, 2013 (date of inception) through December 31, 2013): Year Ended December 31, 2014 Year Ended December 31, 2015 Incurred Paid Payable Incurred Paid Payable Expensed Operating expenses (including organizational costs) $ 421,921 $ 421,921 $ — $ 774,212 $ 748,513 $ 25,699 Asset management fees 36,248 — 36,248 180,060 216,308 — Property management fees (1) 68,146 — 68,146 378,190 446,336 — Acquisition expenses 488,660 418,763 69,897 822,798 775,620 117,075 Debt issuance costs — — — 143,773 41,523 102,250 Capitalized Debt issuance costs 323,822 158,280 165,542 — 165,542 — Other assets 87,405 — 87,405 20,000 107,405 — Additional Paid-in Capital Selling commissions 470,336 442,337 27,999 1,462,535 1,490,534 — Dealer manager fees 201,572 189,571 12,001 365,634 372,474 5,161 Offering costs 1,422,211 40,001 1,382,210 471,519 1,850,917 2,812 Total $ 3,520,321 $ 1,670,873 $ 1,849,448 $ 4,618,721 $ 6,215,172 $ 252,997 (1) During the year ended December 31, 2015, property management fees include approximately $92,000 of fees paid to the sub-property manager of our properties. Tenant Insurance Program Prior to the closing of the Merger on October 1, 2015, SmartStop participated in a tenant reinsurance program whereby customers of our self storage facilities were able to purchase insurance to cover damage or destruction to their property while stored at our facilities. SmartStop invested in a Cayman Islands company (the “Reinsurance Company”) that insured a portion of the insurance required by the program insurer to cover the risks of loss at participating facilities in the program. The program insurer provided fees (approximately 50% of the tenant premium paid) to us as owner of the facilities. The Reinsurance Company was required to fund additional capital or entitled to receive distributions of profits depending on actual losses incurred under the program. Commensurate with the effective date of the Self Administration and Investment Management Transaction of August 31, 2014, SmartStop acquired its interest in the Reinsurance Company from our President and Chief Executive Officer. For the years ended December 31, 2015 and 2014, we recorded approximately $0.1 million and none, respectively, of revenue from the program insurer. Effective October 1, 2015, Extra Space was entitled to all tenant insurance revenues for properties located in the United States and we will no longer receive any such tenant insurance revenues. Extra Space Self Storage In connection with the merger of SmartStop into Extra Space, certain of our executive officers, including H. Michael Schwartz, Paula Mathews, Michael McClure and James Berg, received units of limited partnership interest in Extra Space Storage LP, the operating partnership for Extra Space, in exchange for units of limited partnership of SmartStop Self Storage Operating Partnership, L.P., the operating partnership for SmartStop, owned by such executives.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 7. Commitments and Contingencies Distribution Reinvestment Plan We have adopted an amended and restated distribution reinvestment plan that allows both our Class A and Class T stockholders to have distributions otherwise distributable to them invested in additional shares of our Class A and Class T Shares, respectively. The purchase price per share is 95% of the current offering price of our shares in the Primary Offering. We may amend or terminate the amended and restated distribution reinvestment plan for any reason at any time upon 10 days’ prior written notice to stockholders. No sales commissions or dealer manager fee will be paid on shares sold through the amended and restated distribution reinvestment plan. As of December 31, 2015, we had sold approximately 1,000 shares shares through our distribution reinvestment plan offering for Class A Shares and none for our Class T Shares. Share Redemption Program We adopted a share redemption program that enables stockholders to sell their shares to us in limited circumstances. As long as our common stock is not listed on a national securities exchange or over-the-counter market, our stockholders who have held their stock for at least one year may be able to have all or any portion of their shares of stock redeemed by us. We may redeem the shares of stock presented for redemption for cash to the extent that we have sufficient funds available to fund such redemption. Our board of directors may amend, suspend or terminate the share redemption program with 30 days’ notice to our stockholders. We may provide this notice by including such information in a Current Report on Form 8-K or in our annual or quarterly reports, all publicly filed with the SEC, or by a separate mailing to our stockholders. The complete terms of our share redemption program are described in our prospectus The amount that we may pay to redeem stock for redemptions is the redemption price set forth in the following table which is based upon the number of years the stock is held: Number Years Held Redemption Price Less than 1 No Redemption Allowed 1 or more but less than 3 90.0% of Redemption Amount 3 or more but less than 4 95.0% of Redemption Amount 4 or more 100.0% of Redemption Amount At any time we are engaged in an offering of shares, the Redemption Amount for shares purchased under our share redemption program will always be equal to or lower than the applicable per share offering price. As long as we are engaged in an offering, the Redemption Amount shall be the lesser of the amount the stockholder paid for their shares or the price per share in the current offering. If we are no longer engaged in an offering, the per share Redemption Amount will be determined by our board of directors. Our board of directors will announce any redemption price adjustment and the time period of its effectiveness as a part of its regular communications with our stockholders. At any time the redemption price during an offering is determined by any method other than the offering price, if we have sold property and have made one or more special distributions to our stockholders of all or a portion of the net proceeds from such sales, the per share redemption price will be reduced by the net sale proceeds per share distributed to investors prior to the redemption date as a result of the sale of such property in the special distribution. Our board of directors will, in its sole discretion, determine which distributions, if any, constitute a special distribution. While our board of directors does not have specific criteria for determining a special distribution, we expect that a special distribution will only occur upon the sale of a property and the subsequent distribution of the net sale proceeds. Notwithstanding the foregoing, until we establish an estimated value per share, shares received as a stock distribution will be redeemed at a purchase price of $0.00. In addition, the purchase price per share will be adjusted for any stock combinations, splits, recapitalizations and the like with respect to the shares of common stock and reduced by the aggregate amount of net sale or refinance proceeds per share, if any distributed to the redeeming stockholder prior to the redemption date. There are several limitations on our ability to redeem shares under the share redemption program including, but not limited to: • Unless the shares are being redeemed in connection with a stockholder’s death, “qualifying disability” (as defined under the share redemption program) or bankruptcy, we may not redeem shares until the stockholder has held his or her shares for one year. • During any calendar year, we will not redeem in excess of 5% of the weighted-average number of shares outstanding during the prior calendar year. • The cash available for redemption is limited to the proceeds from the sale of shares pursuant to our distribution reinvestment plan. • We have no obligation to redeem shares if the redemption would violate the restrictions on distributions under Maryland law, which prohibits distributions that would cause a corporation to fail to meet statutory tests of solvency. Through December 31, 2015 we had not received any requests for the redemption of shares under our share redemption program. Additionally, as of December 31, 2015, we had issued 1,127 shares under our distribution reinvestment plan. Operating Partnership Redemption Rights The limited partners of our Operating Partnership have the right to cause our Operating Partnership to redeem their limited partnership units for cash equal to the value of an equivalent number of our shares, or, at our option, we may purchase their limited partnership units by issuing one share of our common stock for each limited partnership unit redeemed. These rights may not be exercised under certain circumstances that could cause us to lose our REIT election. Furthermore, limited partners may exercise their redemption rights only after their limited partnership units have been outstanding for one year. Our Advisor is prohibited from exchanging or otherwise transferring its limited partnership units so long as our Advisor is acting as our advisor under the Advisory Agreement. Other Contingencies From time to time, we are party to legal proceedings that arise in the ordinary course of our business. We are not aware of any legal proceedings of which the outcome is reasonably likely to have a material adverse effect on our results of operations or financial condition, nor are we aware of any such legal proceedings contemplated by governmental authorities.

Pro Forma Financial Information

Pro Forma Financial Information	12 Months Ended
	Dec. 31, 2015
Text Block [Abstract]
Pro Forma Financial Information	Note 8. Pro Forma Financial Information (Unaudited) The table set forth below summarizes on an unaudited pro forma basis the combined results of operations of the Company for the years ended December 31, 2015 and 2014 as if the Company’s acquisitions discussed in Note 3 were completed as of January 1, 2014. This pro forma information does not purport to represent what the actual results of operations of the Company would have been for the periods indicated, nor do they purport to predict the results of operations for future periods. Year Ended December 31, 2015 Year Ended December 31, 2014 Pro forma revenue $ 6,676,289 $ 5,874,046 Pro forma operating expenses (8,021,824 ) (7,463,592 ) Pro forma net loss attributable to common shareholders (5,350,389 ) (5,516,182 ) The pro forma financial information for the years ended December 31, 2015 and 2014 were adjusted to exclude approximately $1.1 million and $0.6, respectively, for acquisition related expenses.

Selected Quarterly Data (Unaudi

Selected Quarterly Data (Unaudited)	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
Selected Quarterly Data (Unaudited)	Note 9. Selected Quarterly Data (Unaudited) The following is a summary of quarterly financial information for the years ended December, 31, 2015 and 2014 (there were no operations from the period from March 12, 2013 (date of inception) through December 31, 2013): Three months ended March 31, 2015 June 30, 2015 September 30, 2015 December 31, 2015 Total revenues $ 951,653 $ 1,241,755 $ 1,292,224 $ 1,371,775 Total operating expenses $ 1,592,434 $ 1,619,962 $ 1,836,662 $ 2,159,038 Operating loss $ (640,781 ) $ (378,207 ) $ (544,438 ) $ (787,263 ) Net loss $ (834,329 ) $ (590,767 ) $ (758,800 ) $ (1,191,825 ) Net loss attributable to common shareholders $ (1,302,893 ) $ (1,154,918 ) $ (1,314,402 ) $ (1,693,559 ) Net loss per Class A share-basic and diluted $ (1.60 ) $ (1.36 ) $ (1.26 ) $ (0.82 ) Net loss per Class T share-basic and diluted — — — $ (0.82 ) Three months ended March 31, 2014 June 30, 2014 September 30, 2014 December 31, 2014 Total revenues $ — $ — $ 205,442 $ 459,693 Total operating expenses — 412,853 723,462 748,758 Operating loss — (412,853 ) (518,020 ) (289,065 ) Net loss — (412,853 ) (599,148 ) (423,634 ) Net loss attributable to common shareholders — (357,246 ) (694,376 ) (765,635 ) Net loss per share-basic and diluted — (6.20 ) (2.14 ) (1.27 ) As discussed in Note 3, during the fourth quarter of 2015 we completed the purchase price allocations for the properties acquired during the first quarter of 2015. During the fourth quarter we recognized the cumulative measurement period adjustments in our consolidated statement of operations. If such measurement period adjustments were retroactively recorded they would have had the aggregate impact of increasing depreciation by approximately $6,000, $9,000 and $10,000 and decreasing intangible amortization expense by approximately $45,000, $74,000 and $75,000, respectively related to the first, second and third quarters of 2015. However, as discussed in Note 2, we early adopted new amended accounting guidance and the cumulative measurement period adjustments were recorded in the fourth quarter.

Declaration of Distributions

Declaration of Distributions	12 Months Ended
	Dec. 31, 2015
Equity [Abstract]
Declaration of Distributions	Note 10. Declaration of Distributions Stock Distribution Declaration On December 4, 2015, our board of directors declared a stock distribution to the holders of record of all the issued and outstanding shares of Class A common stock and Class T common stock as of the close of business on March 31, 2016, in the amount of 0.005 shares of Class A common stock, $0.001 par value per share, per each class of Class A common stock outstanding (equivalent to a 0.75% stock distribution) and 0.005 shares of Class T common stock, $0.001 par value per share, per each share of Class T common stock (equivalent to a 0.75% stock distribution). Such stock distribution will be issued on April 15, 2016. Cash Distribution Declaration On December 4, 2015, our board of directors declared a daily distribution in the amount of $0.00054645 per share (equivalent to an annualized distribution rate of 2.0% assuming the Class A Share was purchased for $10.00, and a rate of approximately 2.1% assuming the Class T Share was purchased for $9.47) on the outstanding shares of common stock, payable to stockholders of record of such shares as shown on our books as of the close of business on each day during the period commencing on January 1, 2016 and ending March 31, 2016. Such distributions payable to each stockholder of record during a month will be paid the following month.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2015
Subsequent Events [Abstract]
Subsequent Events	Note 11. Subsequent Events Acquisitions On January 6, 2016, we closed on one self storage facility located in San Antonio, Texas for a purchase price of approximately $12.3 million, plus closing costs and acquisition fees, which was funded by a combination of a draw of approximately $8 million under the KeyBank Facility, and the remainder from the net proceeds of our Offering. We incurred acquisition fees of approximately $215,000 in connection with the acquisition. On February 9, 2016, we closed on vacant land located in the Stoney Creek area of Toronto, Canada that will be developed into a self storage facility (the “Stoney Creek Property”) for a U.S. dollar equivalent purchase price of approximately $1.5 million, plus closing costs and acquisition fees, which was funded from net proceeds of our Offering. We incurred acquisition fees of approximately $26,000 in connection with the acquisition. Cash Distribution Declaration On March 22, 2016, our board of directors declared a daily distribution in the amount of $0.0010928962 per share (equivalent to an annualized distribution rate of 4.0% assuming the Class A Share was purchased for $10.00, and a rate of approximately 4.2% assuming the Class T Share was purchased for $9.47) on the outstanding shares of common stock, payable to stockholders of record of such shares as shown on our books as of the close of business on each day during the period commencing on April 1, 2016 and ending June 30, 2016. Such distributions payable to each stockholder of record during a month will be paid the following month. Amendment to KeyBank Facility On March 28, 2016, we amended (the “Third Amendment”) our KeyBank Facility thereby extending the Adjustment Period to June 30, 2016. Additionally, the Third Amendment eliminated the requirement to apply the net proceeds of our equity issuances during the Curtailment Period to pay down the outstanding principal balance on the KeyBank Facility to an aggregate amount of the lesser of either $40 million or the borrowing base availability calculated in accordance with the covenants that are applied outside of the Adjustment Period. As of March 18, 2016, the total amount borrowed under the KeyBank Facility was approximately $41 million. Offering Status As of March 18, 2016, in connection with our Primary Offering we had issued approximately 2,674,000 Class A shares of our common stock and approximately 89,000 Class T Shares of our common stock for gross proceeds of approximately $26.6 million and approximately $0.8 million, respectively.

Schedule III - Real Estate and

Schedule III - Real Estate and Accumulated Depreciation	12 Months Ended
	Dec. 31, 2015
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]
Schedule III - Real Estate and Accumulated Depreciation	STRATEGIC STORAGE GROWTH TRUST, INC. AND SUBSIDIARIES SCHEDULE III REAL ESTATE AND ACCUMULATED DEPRECIATION December 31, 2015 Initial Cost to Company Gross Carrying Amount at December 31, 2015 Description ST Encumbrance Land Building and Total Cost Capitalized Land Building and Total Accumulated Date of Date Fort Pierce FL $ 988,659 $ 700,000 $ 3,060,000 $ 3,760,000 $ 54,962 $ 700,000 $ 3,114,962 $ 3,814,962 $ (156,346 ) 2008 7/31/2014 Las Vegas I NV 5,360,706 2,180,000 6,865,000 9,045,000 192,022 2,180,000 7,057,022 9,237,022 (348,485 ) 1999 7/31/2014 Las Vegas II NV 3,196,021 1,380,000 4,460,000 5,840,000 120,997 1,380,000 4,580,997 5,960,997 (196,478 ) 1996 9/29/2014 Colorado Springs CO 2,564,614 1,510,000 2,526,875 4,036,875 59,104 1,510,000 2,585,979 4,095,979 (99,796 ) 1983 1/29/2015 Riverside CA 947,524 220,000 1,766,875 1,986,875 46,072 220,000 1,812,947 2,032,947 (61,954 ) 1980 2/05/2015 Stockton CA 439,230 150,000 1,356,875 1,506,875 21,159 150,000 1,378,034 1,528,034 (48,871 ) 1984 2/05/2015 Azusa CA 2,500,668 1,260,000 2,716,875 3,976,875 56,173 1,260,000 2,773,048 4,033,048 (95,060 ) 1986 2/05/2015 Romeoville IL 1,852,578 480,000 2,766,875 3,246,875 56,946 480,000 2,823,821 3,303,821 (98,452 ) 1986 2/05/2015 Elgin IL — 110,000 546,875 656,875 155,714 110,000 702,589 812,589 (21,073 ) 1986 2/05/2015 San Antonio I TX 9,426,260 2,600,000 9,020,000 11,620,000 — 2,600,000 9,020,000 11,620,000 (11,940 ) 1998 12/17/2015 Kingwood TX 6,461,880 1,760,000 6,270,000 8,030,000 — 1,760,000 6,270,000 8,030,000 (9,036 ) 2001 12/17/2015 Aurora CO 4,561,860 830,000 5,030,000 5,860,000 — 830,000 5,030,000 5,860,000 (9,622 ) 2015 12/17/2015 $ 38,300,000 $ 13,180,000 $ 46,386,250 $ 59,566,250 $ 763,149 $ 13,180,000 $ 47,149,399 $ 60,329,399 $ (1,157,113 ) Activity in real estate facilities during 2015 was as follows: 2015 Real estate facilities Balance at beginning of year $ 18,967,479 Asset disposals (176,816 ) Facility acquisitions 40,921,250 Improvements 617,486 Balance at end of year $ 60,329,399 Accumulated depreciation Balance at beginning of year $ 182,836 Asset disposals (176,816 ) Depreciation expense 1,151,093 Balance at end of year $ 1,157,113 Construction in process Balance at beginning of year $ — Additions 30,808 Balance at end of year $ 30,808 Real estate facilities, net $ 59,203,094

Summary of Significant Accoun20

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) as contained within the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) and the rules and regulations of the SEC.
Principles of Consolidation	Principles of Consolidation Our financial statements, and the financial statements of our Operating Partnership, including its wholly-owned subsidiaries, are consolidated in the accompanying consolidated financial statements. The portion of these entities not wholly-owned by us is presented as noncontrolling interests. All significant intercompany accounts and transactions have been eliminated in consolidation.
Consolidation Considerations	Consolidation Considerations Current accounting guidance provides a framework for identifying a variable interest entity (“VIE”) and determining when a company should include the assets, liabilities, noncontrolling interests, and results of activities of a VIE in its consolidated financial statements. In general, a VIE is an entity or other legal structure used to conduct activities or hold assets that either (1) has an insufficient amount of equity to carry out its principal activities without additional subordinated financial support, (2) has a group of equity owners that are unable to make significant decisions about its activities, or (3) has a group of equity owners that do not have the obligation to absorb losses or the right to receive returns generated by its operations. Generally, a VIE should be consolidated if a party with an ownership, contractual, or other financial interest in the VIE (a variable interest holder) has the power to direct the VIE’s most significant activities and the obligation to absorb losses or right to receive benefits of the VIE that could be significant to the VIE. A variable interest holder that consolidates the VIE is called the primary beneficiary. Upon consolidation, the primary beneficiary generally must initially record all of the VIE’s assets, liabilities, and noncontrolling interest at fair value and subsequently account for the VIE as if it were consolidated based on majority voting interest. As of December 31, 2015 and 2014, we had not entered into contracts/interests that would be deemed to be variable interests in VIEs.
Use of Estimates	Use of Estimates The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. The current economic environment has increased the degree of uncertainty inherent in these estimates and assumptions. Management will adjust such estimates when facts and circumstances dictate. Actual results could materially differ from those estimates. The most significant estimates made include the allocation of property purchase price to tangible and intangible assets acquired and liabilities assumed at fair value, the determination if certain entities should be consolidated, the evaluation of potential impairment of long-lived assets, and the useful lives of real estate assets and intangibles.
Cash and Cash Equivalents	Cash and Cash Equivalents We consider all short-term, highly liquid investments that are readily convertible to cash with a maturity of three months or less at the time of purchase to be cash equivalents. We may maintain cash equivalents in financial institutions in excess of insured limits, but believe this risk will be mitigated by only investing in or through major financial institutions.
Real Estate Purchase Price Allocation	Real Estate Purchase Price Allocation We account for acquisitions in accordance with amended accounting guidance which requires that we allocate the purchase price of the property to the tangible and intangible assets acquired and the liabilities assumed based on estimated fair values. This guidance requires us to make significant estimates and assumptions, including fair value estimates, as of the acquisition date and to adjust those estimates as necessary during the measurement period (defined as the period, not to exceed one year, in which we may adjust the provisional amounts recognized for an acquisition). Acquisitions of portfolios of facilities are allocated to the individual facilities based upon an income approach or a cash flow analysis using appropriate risk adjusted capitalization rates which take into account the relative size, age, and location of the individual facility along with current and projected occupancy and rental rate levels or appraised values, if available. Allocations to the individual assets and liabilities are based upon comparable market sales information for land and estimates of depreciated replacement cost of equipment, building and site improvements. In allocating the purchase price, we determine whether the acquisition includes intangible assets or liabilities. Substantially all of the leases in place at acquired properties are at market rates, as the majority of the leases are month-to-month contracts. We also consider whether in-place, market leases represent an intangible asset. We recorded approximately $2.0 million and approximately $0.7 million in intangible assets to recognize the value of in-place leases related to our acquisitions during 2015 and 2014, respectively. We do not expect, nor to date have we recorded, intangible assets for the value of customer relationships because we expect we will not have concentrations of significant customers and the average customer turnover will be fairly frequent. Our acquisition-related transaction costs are required to be expensed as incurred. During the years ended December 31, 2015 and 2014 we expensed approximately $1.1 million and approximately $0.6 million, respectively, of acquisition-related transaction costs. Should the initial accounting for an acquisition be incomplete by the end of a reporting period that falls within the measurement period, we will report provisional amounts in our financial statements. During the measurement period, we will adjust the provisional amounts recognized at the acquisition date to reflect new information obtained about facts and circumstances that existed as of the acquisition date that, if known, would have affected the measurement of the amounts recognized as of that date and we will record those adjustments to our financial statements. We will recognize any measurement period adjustments during the period in which we determine the amount of the adjustment to our financial statements, potentially including adjustments to interest, depreciation and amortization expense.
Evaluation of Possible Impairment of Long-Lived Assets	Evaluation of Possible Impairment of Long-Lived Assets Management will continually monitor events and changes in circumstances that could indicate that the carrying amounts of our long-lived assets may not be recoverable. When indicators of potential impairment are present that indicate that the carrying amounts of the assets may not be recoverable, we will assess the recoverability of the assets by determining whether the carrying value of the long-lived assets will be recovered through the undiscounted future operating cash flows expected from the use of the asset and its eventual disposition. In the event that such expected undiscounted future cash flows do not exceed the carrying value, we will adjust the value of the long-lived assets to the fair value and recognize an impairment loss. As of December 31, 2015 and 2014, no impairment losses were recognized.
Revenue Recognition	Revenue Recognition Management believes that all of our leases are operating leases. Rental income is recognized in accordance with the terms of the leases, which generally are month-to-month. Revenues from any long-term operating leases are recognized on a straight-line basis over the term of the lease. The excess of rents received over amounts contractually due pursuant to the underlying leases is included in accounts payable and accrued liabilities in our consolidated balance sheets and contractually due but unpaid rent is included in other assets.
Allowance for Doubtful Accounts	Allowance for Doubtful Accounts Tenant accounts receivable is reported net of an allowance for doubtful accounts. Management’s estimate of the allowance is based upon a review of the current status of tenant accounts receivable. It is reasonably possible that management’s estimate of the allowance will change in the future.
Real Estate Facilities	Real Estate Facilities Real estate facilities are recorded at cost. We capitalize costs incurred to develop, construct, renovate and improve properties, including interest and property taxes incurred during the construction period. The construction period begins when expenditures for the real estate assets have been made and activities that are necessary to prepare the asset for its intended use are in progress. The construction period ends when the asset is substantially complete and ready for its intended use.
Depreciation of Real Property Assets	Depreciation of Real Property Assets Our management is required to make subjective assessments as to the useful lives of our depreciable assets. We consider the period of future benefit of the asset to determine the appropriate useful lives. Depreciation of our real property assets is charged to expense on a straight-line basis over the estimated useful lives as follows: Description Standard Depreciable Life Land Not Depreciated Buildings 30-35 years Site Improvements 7-10 years As described in Note 1, after the close of the Merger all of our properties in the United States were re-branded under the Extra Space name. As such, for the year ended December 31, 2015, the depreciable lives for capitalized SmartStop branded signs were reduced to their estimated remaining useful lives. Depreciation expense for the year ended December 31, 2015 includes approximately $175,000 of accelerated depreciation related to the SmartStop branded signs.
Depreciation of Personal Property Assets	Depreciation of Personal Property Assets Personal property assets consist primarily of furniture, fixtures and equipment and are depreciated on a straight-line basis over the estimated useful lives generally ranging from 3 to 5 years, and are included in other assets on our consolidated balance sheets.
Intangible Assets	Intangible Assets We have allocated a portion of our real estate purchase price to in-place leases. We are amortizing in-place leases on a straight-line basis over the estimated future benefit period. As of December 31, 2015 and 2014, the gross amounts allocated to in-place lease intangibles were approximately $2.7 million and approximately $0.7 million, respectively, and accumulated amortization of in-place lease intangibles totaled approximately $1.2 million and approximately $0.3 million, respectively. The total estimated amortization expense of intangible assets for the years ending December 31, 2016 and 2017, are approximately $1.1 million, approximately $0.4 million, respectively, and none for the years thereafter.
Debt Issuance Costs	Debt Issuance Costs Costs incurred in connection with obtaining financing are deferred and amortized on a straight-line basis over the term of the related loan, which is not materially different than the effective interest method. As of December 31, 2015 and 2014, accumulated amortization of debt issuance costs totaled approximately $0.3 million and $0.1 million, respectively.
Organizational and Offering Costs	Organizational and Offering Costs Our Advisor may fund organization and offering costs on our behalf. We will be required to reimburse our Advisor for such organization and offering costs; provided, however, our Advisor must reimburse us within 60 days after the end of the month in which the Offering terminates to the extent we paid or reimbursed organization and offering costs (excluding sales commissions and dealer manager fees) in excess of 3.5% of the gross offering proceeds from the Primary Offering. Such costs will be recognized as a liability when we have a present responsibility to reimburse our Advisor, which is defined in our Advisory Agreement as the date we satisfied the minimum offering requirements of our Private Offering (which occurred on May 23, 2014). If at any point in time we determine that the total organization and offering costs are expected to exceed 3.5% of the gross proceeds anticipated to be received from the Primary Offering, we will recognize such excess as a capital contribution from our Advisor. As of December 31, 2015, we do not believe total organization and offering costs will exceed 3.5% of the gross proceeds anticipated to be received from the Primary Offering. Offering costs are recorded as an offset to additional paid-in capital, and organization costs are recorded as an expense.
Redeemable Common Stock	Redeemable Common Stock We adopted a share redemption program that will enable stockholders to sell their shares to us in limited circumstances. We record amounts that are redeemable under the share redemption program as redeemable common stock in the accompanying consolidated balance sheet since the shares are redeemable at the option of the holder and therefore their redemption is outside our control. The maximum amount redeemable under our share redemption program is limited to the number of shares we can repurchase with the amount of the net proceeds from the sale of shares under the distribution reinvestment plan. However, accounting guidance states that determinable amounts that can become redeemable but that are contingent on an event that is likely to occur (e.g., the passage of time) should be presented as redeemable when such amount is known. Therefore, the net proceeds from the distribution reinvestment plan are considered to be temporary equity and are presented as redeemable common stock in the accompanying consolidated balance sheet. In addition, current accounting guidance requires, among other things, that financial instruments that represent a mandatory obligation of us to repurchase shares be classified as liabilities and reported at settlement value. Our redeemable common shares will be contingently redeemable at the option of the holder. When we determine we have a mandatory obligation to repurchase shares under the share redemption program, we will reclassify such obligations from temporary equity to a liability based upon their respective settlement values. Through December 31, 2015 we had not received any requests for redemptions.
Accounting for Equity Awards	Accounting for Equity Awards The cost of restricted stock is required to be measured based on the grant date fair value and the cost recognized over the relevant service period.
Fair Value Measurements	Fair Value Measurements The accounting standard for fair value measurements and disclosures defines fair value, establishes a framework for measuring fair value, and provides for expanded disclosure about fair value measurements. Fair value is defined by the accounting standard for fair value measurements and disclosures as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. It also establishes a fair value hierarchy that prioritizes observable and unobservable inputs used to measure fair value into three levels. The following summarizes the three levels of inputs and hierarchy of fair value we will use when measuring fair value: • Level 1 inputs utilize quoted prices (unadjusted) in active markets for identical assets or liabilities that we have the ability to access; • Level 2 inputs may include quoted prices for similar assets and liabilities in active markets, as well as interest rates and yield curves that are observable at commonly quoted intervals; and • Level 3 inputs are unobservable inputs for the assets or liabilities that are typically based on an entity’s own assumptions as there is little, if any, related market activity. In instances where the determination of the fair value measurement is based on inputs from different levels of the fair value hierarchy, the fair value measurement will fall within the lowest level that is significant to the fair value measurement in its entirety. The accounting guidance for fair value measurements and disclosures provides a framework for measuring fair value and establishes a fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. In determining fair value, we will utilize valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs to the extent possible as well as consider counterparty credit risk in our assessment of fair value. Considerable judgment will be necessary to interpret Level 2 and 3 inputs in determining fair value of our financial and non-financial assets and liabilities. Accordingly, there can be no assurance that the fair values we will present will be indicative of amounts that may ultimately be realized upon sale or other disposition of these assets. Financial and non-financial assets and liabilities measured at fair value on a non-recurring basis in our consolidated financial statements consist of real estate and related liabilities assumed related to our acquisitions. The fair values of these assets and liabilities were determined as of the acquisition dates using widely accepted valuation techniques, including (i) discounted cash flow analysis, which considers, among other things, leasing assumptions, growth rates, discount rates and terminal capitalization rates, (ii) income capitalization approach, which considers prevailing market capitalization rates, and (iii) comparable sales activity. In general, we consider multiple valuation techniques when measuring fair values. However, in certain circumstances, a single valuation technique may be appropriate. All of the fair values of the assets and liabilities as of the acquisition dates were derived using Level 3 inputs. The carrying amounts of cash and cash equivalents, tenant accounts receivable, other assets, accounts payable and accrued liabilities, distributions payable and amounts due to affiliates will approximate fair value because of the relatively short-term nature of these instruments. To comply with GAAP, we incorporate credit valuation adjustments to appropriately reflect both our own nonperformance risk and the respective counterparty’s nonperformance risk in the fair value measurements. In adjusting the fair value of derivative contracts for the effect of nonperformance risk, we will consider the impact of netting and any applicable credit enhancements, such as collateral postings, thresholds, mutual puts, and guarantees.
Noncontrolling Interest in Consolidated Entities	Noncontrolling Interest in Consolidated Entities We account for the noncontrolling interest in our Operating Partnership in accordance with the related accounting guidance. Due to our control through our general partnership interest in our Operating Partnership and the limited rights of the limited partner, our Operating Partnership, including its wholly-owned subsidiaries, are consolidated with the Company and the limited partner interest is reflected as a noncontrolling interest in the accompanying consolidated balance sheet. The noncontrolling interest shall be attributed its share of income and losses, even if that attribution results in a deficit noncontrolling interest balance.
Income Taxes	Income Taxes We made an election to be taxed as a Real Estate Investment Trust (“REIT”), under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the “Code”), commencing with our taxable year ended December 31, 2014. To continue to qualify as a REIT, we must meet certain organizational and operational requirements, including a requirement to distribute at least 90% of the REIT’s ordinary taxable income to stockholders. As a REIT, we generally will not be subject to federal income tax on taxable income that we distribute to our stockholders. If we fail to qualify as a REIT in any taxable year, we will then be subject to federal income taxes on our taxable income at regular corporate rates and will not be permitted to qualify for treatment as a REIT for federal income tax purposes for four years following the year during which qualification is lost unless the IRS grants us relief under certain statutory provisions. Such an event could materially adversely affect our net income and net cash available for distribution to stockholders. However, we believe that we are organized and operate in such a manner as to continue to qualify for treatment as a REIT and intend to operate in the foreseeable future in such a manner that we will remain qualified as a REIT for federal income tax purposes. Even if we continue to qualify for taxation as a REIT, we may be subject to certain state and local taxes on our income and property, and federal income and excise taxes on our undistributed income. We filed elections to treat our TRS as a taxable REIT subsidiary effective January 1, 2014. In general, the TRS performs additional services for our customers and generally engages in any real estate or non-real estate related business. The TRS is subject to corporate federal and state income tax. The TRS follows accounting guidance which requires the use of the asset and liability method. Deferred income taxes represent the tax effect of future differences between the book and tax bases of assets and liabilities.
Per Share Data	Per Share Data Basic earnings per share attributable to Strategic Storage Growth Trust, Inc. for all periods presented are computed by dividing net income (loss) attributable to Strategic Storage Growth Trust, Inc. by the weighted average number of shares outstanding during the period, excluding unvested restricted stock. Diluted earnings per share are computed by dividing net income (loss) attributable to Strategic Storage Growth Trust, Inc. by the weighted average number of shares outstanding, adjusted for the dilutive effect of unvested restricted stock, utilizing the treasury stock method. For all periods presented the dilutive effective of unrestricted stock was not included in the dilutive weighted average shares as such shares were antidilutive.
Recently Issued Accounting Guidance	Recently Issued Accounting Guidance In May 2014, the Financial Accounting Standards Board (“FASB”) issued ASU 2014-09 “Revenue from Contracts with Customers” (“ASU 2014-09”) as Accounting Standards Codification (“ASC”) Topic 606. The objective of ASU 2014-09 is to establish a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and will supersede most of the existing revenue recognition guidance, including industry-specific guidance. The core principle is that a company should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In applying the new standard, companies will perform a five-step analysis of transactions to determine when and how revenue is recognized. ASU 2014-09 applies to all contracts with customers except those that are within the scope of other topics in the FASB ASC. In July 2015, the FASB voted to defer the effective date by one year to annual reporting periods (including interim periods within those periods) beginning after December 15, 2017 and early adoption is permitted. This ASU shall still be applied using either a full retrospective or modified retrospective approach. We are in the process of evaluating the impact of this standard on our consolidated financial statements and the impact is unknown at this time. In February 2015, the FASB issued ASU 2015-02, “Consolidation (Topic 810): Amendments to the Consolidation Analysis.” ASU 2015-02 changes the analysis that a reporting entity must perform to determine whether it should consolidate certain types of legal entities. Specifically, ASU 2015-02 modifies the evaluation of whether limited partnerships and similar legal entities are VIEs or voting interest entities, eliminates the presumption that a general partner should consolidate a limited partnership, and affects the evaluation of fee arrangements in the primary beneficiary determination. ASU 2015-02 is effective for periods beginning after December 15, 2015 and early adoption is permitted. We are in the process of evaluating the impact of this standard on our consolidated financial statements and the impact is unknown at this time. In April 2015, the FASB issued ASU 2015-03, “Interest – Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs.” ASU 2015-03 requires that debt issuance costs be presented in the balance sheet as a direct deduction from the carrying amount of debt liability, consistent with debt discounts or premiums. Given the absence of authoritative guidance within ASU 2015-03 for debt issuance costs related to line-of-credit arrangements, in August 2015, the FASB issued ASU 2015-15, “Interest - Imputation of Interest (Subtopic 835-30), Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements”, which clarifies ASU No. 2015-03 by stating that the staff of the SEC would not object to an entity deferring and presenting debt issuance costs as an asset and subsequently amortizing the deferred debt issuance costs ratably over the term of the line-of-credit arrangement, regardless of whether there are any outstanding borrowings on the line-of-credit arrangement. ASU 2015-03 and ASU 2015-15 are effective for periods beginning after December 15, 2015 and early adoption is permitted. We are in the process of evaluating the impact of this standard on our consolidated financial statements and the impact is unknown at this time. In September 2015, the FASB issued ASU 2015-16, “Business Combinations: Simplifying the Accounting for Measurement-Period Adjustments”. The amendments in the update require an acquirer in a business combination to recognize adjustments to estimated amounts identified during the measurement period in the reporting period in which the adjustment amounts are determined. The acquirer must record the effect of the adjustments on earnings as if the accounting had been completed at the acquisition date and the acquirer must disclose in its financial statements the portion of the amounts recorded in each line item of current-period earnings that would have been recorded in previous periods if the adjustments to estimated amounts had been recognized as of the acquisition date. The update is effective for fiscal years beginning after December 15, 2015, including interim periods within those fiscal years, with early adoption permitted for financial statements that have not been issued. We early adopted this new guidance and the effect on our financial statements is discussed in Notes 3 and 9. In February 2016, the FASB issued ASU 2016-02, “Leases (Topic 842)”, which amends the guidance on accounting for leases. Under ASU 2016-02, lessees will be required to recognize the following for all leases (with the exception of short-term leases) at the commencement date: (1) a lease liability, which is a lessee’s obligation to make lease payments arising from a lease; and (2) a right-of-use asset, which is an asset that represents the lessee’s right to use, or control the use of, a specified asset for the lease term. Under ASU 2016-02, lessor accounting is largely unchanged. It also includes extensive amendments to the disclosure requirements. ASU 2016-02 is effective for fiscal years and interim periods beginning after December 15, 2018. Early adoption is permitted for financial statements that have not yet been made available for issuance. ASU 2016-02 requires a modified retrospective transition approach for leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements. We are in the process of evaluating the impact of this standard on our consolidated financial statements and the impact is unknown at this time.

Summary of Significant Accoun21

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Estimated Useful Lives used to Depreciate Real Property Assets	Depreciation of our real property assets is charged to expense on a straight-line basis over the estimated useful lives as follows: Description Standard Depreciable Life Land Not Depreciated Buildings 30-35 years Site Improvements 7-10 years

Real Estate Facilities (Tables)

Real Estate Facilities (Tables)	12 Months Ended
	Dec. 31, 2015
Real Estate [Abstract]
Summary of Activity in Real Estate Facilities	The following summarizes the activity in real estate facilities during the years ended December 31, 2015 and 2014: Real estate facilities Balance at December 31, 2013 $ — Facility acquisitions 18,645,000 Improvements and additions 322,479 Balance at December 31, 2014 18,967,479 Asset disposals (176,816 ) Facility acquisitions 40,921,250 Improvements and additions 617,486 Balance at December 31, 2015 $ 60,329,399 Accumulated depreciation Balance at December 31, 2013 $ — Depreciation expense (182,836 ) Balance at December 31, 2014 (182,836 ) Asset disposals 176,816 Depreciation expense (1,151,093 ) Balance at December 31, 2015 $ (1,157,113 )
Summary of Purchase Price Allocations for Acquisitions	The following tables summarize the purchase price allocations for our acquisitions during the years ended December 31, 2015 and 2014: Property Acquisition Date Real Estate Assets Intangibles Total Debt Issued 2015 Revenue (1) 2015 Property Operating Income (3) Colorado Springs — 1/29/2015 $ 4,036,875 $ 180,000 $ 4,216,875 $ 2,564,614 $ 414,392 $ 200,274 Riverside — 2/05/2015 1,986,875 90,000 2,076,875 947,524 422,072 167,241 Stockton — 2/05/2015 1,506,875 80,000 1,586,875 439,230 377,643 166,988 Azusa — 2/05/2015 3,976,875 210,000 4,186,875 2,500,668 617,013 362,085 Romeoville — 2/05/2015 3,246,875 180,000 3,426,875 1,852,578 474,062 230,243 Elgin — 2/05/2015 656,875 30,000 686,875 — 303,823 108,535 San Antonio I — (2) 12/17/2015 11,620,000 670,000 12,290,000 9,426,260 35,968 19,343 Kingwood — (2) 12/17/2015 8,030,000 430,000 8,460,000 6,461,880 24,722 11,696 Aurora — (2) 12/17/2015 5,860,000 80,000 5,940,000 4,561,860 18,393 9,003 2015 Total $ 40,921,250 $ 1,950,000 $ 42,871,250 $ 28,754,614 $ 2,688,088 $ 1,275,408 Property Acquisition Date Real Estate Assets Intangibles Total Debt Issued 2014 Revenue (1) 2014 Property Operating Income (3) Fort Pierce — 7/31/2014 $ 3,760,000 $ 90,000 $ 3,850,000 $ 988,659 $ 142,382 $ 27,673 Las Vegas I — 7/31/2014 9,045,000 405,000 9,450,000 5,360,706 380,826 230,916 Las Vegas II — 9/29/2014 5,840,000 210,000 6,050,000 3,196,021 141,927 74,745 2014 Total $ 18,645,000 $ 705,000 $ 19,350,000 $ 9,545,386 $ 665,135 $ 333,334 (1) The operating results of the facilities acquired above have been included in our statement of operations since their respective acquisition date. (2) The allocations noted above are based on a preliminary determination of the fair value of the total consideration provided. Such valuations may change as we complete our purchase price accounting. (3) Property operating income excludes corporate general and administrative expenses, asset management fees, interest expense, depreciation, amortization and acquisition expenses.

Secured Debt (Tables)

Secured Debt (Tables)	12 Months Ended
	Dec. 31, 2015
Debt Disclosure [Abstract]
Future Principal Payment Requirements on Outstanding Secured Debt	The following table presents the future principal payment requirements on outstanding secured debt as of December 31, 2015: 2016 $ — 2017 38,300,000 2018 — 2019 — 2020 — 2021 and thereafter — Total payments $ 38,300,000

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2015
Related Party Transactions [Abstract]
Summary of Related Party Costs	Pursuant to the terms of the agreements described above, the following table summarizes related party costs incurred and paid by us for the years ended December 31, 2014 and 2015, as well as any related amounts payable as of December 31, 2014 and 2015 (there were no related party costs incurred during the period from March 12, 2013 (date of inception) through December 31, 2013): Year Ended December 31, 2014 Year Ended December 31, 2015 Incurred Paid Payable Incurred Paid Payable Expensed Operating expenses (including organizational costs) $ 421,921 $ 421,921 $ — $ 774,212 $ 748,513 $ 25,699 Asset management fees 36,248 — 36,248 180,060 216,308 — Property management fees (1) 68,146 — 68,146 378,190 446,336 — Acquisition expenses 488,660 418,763 69,897 822,798 775,620 117,075 Debt issuance costs — — — 143,773 41,523 102,250 Capitalized Debt issuance costs 323,822 158,280 165,542 — 165,542 — Other assets 87,405 — 87,405 20,000 107,405 — Additional Paid-in Capital Selling commissions 470,336 442,337 27,999 1,462,535 1,490,534 — Dealer manager fees 201,572 189,571 12,001 365,634 372,474 5,161 Offering costs 1,422,211 40,001 1,382,210 471,519 1,850,917 2,812 Total $ 3,520,321 $ 1,670,873 $ 1,849,448 $ 4,618,721 $ 6,215,172 $ 252,997 (1) During the year ended December 31, 2015, property management fees include approximately $92,000 of fees paid to the sub-property manager of our properties.

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Stock for Redemptions Based on Number of Years Stock Held	The amount that we may pay to redeem stock for redemptions is the redemption price set forth in the following table which is based upon the number of years the stock is held: Number Years Held Redemption Price Less than 1 No Redemption Allowed 1 or more but less than 3 90.0% of Redemption Amount 3 or more but less than 4 95.0% of Redemption Amount 4 or more 100.0% of Redemption Amount

Pro Forma Financial Informati26

Pro Forma Financial Information (Tables)	12 Months Ended
	Dec. 31, 2015
Text Block [Abstract]
Summary of Consolidated Results of Operations on Pro Forma Basis	Year Ended December 31, 2015 Year Ended December 31, 2014 Pro forma revenue $ 6,676,289 $ 5,874,046 Pro forma operating expenses (8,021,824 ) (7,463,592 ) Pro forma net loss attributable to common shareholders (5,350,389 ) (5,516,182 )

Selected Quarterly Data (Unau27

Selected Quarterly Data (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
Summary of Quarterly Financial Information	The following is a summary of quarterly financial information for the years ended December, 31, 2015 and 2014 (there were no operations from the period from March 12, 2013 (date of inception) through December 31, 2013): Three months ended March 31, 2015 June 30, 2015 September 30, 2015 December 31, 2015 Total revenues $ 951,653 $ 1,241,755 $ 1,292,224 $ 1,371,775 Total operating expenses $ 1,592,434 $ 1,619,962 $ 1,836,662 $ 2,159,038 Operating loss $ (640,781 ) $ (378,207 ) $ (544,438 ) $ (787,263 ) Net loss $ (834,329 ) $ (590,767 ) $ (758,800 ) $ (1,191,825 ) Net loss attributable to common shareholders $ (1,302,893 ) $ (1,154,918 ) $ (1,314,402 ) $ (1,693,559 ) Net loss per Class A share-basic and diluted $ (1.60 ) $ (1.36 ) $ (1.26 ) $ (0.82 ) Net loss per Class T share-basic and diluted — — — $ (0.82 ) Three months ended March 31, 2014 June 30, 2014 September 30, 2014 December 31, 2014 Total revenues $ — $ — $ 205,442 $ 459,693 Total operating expenses — 412,853 723,462 748,758 Operating loss — (412,853 ) (518,020 ) (289,065 ) Net loss — (412,853 ) (599,148 ) (423,634 ) Net loss attributable to common shareholders — (357,246 ) (694,376 ) (765,635 ) Net loss per share-basic and diluted — (6.20 ) (2.14 ) (1.27 )

Organization - Additional Infor

Organization - Additional Information (Detail)	Dec. 31, 2015USD ($)StateProperty$ / sharesshares	Oct. 01, 2015USD ($)$ / shares	Jan. 20, 2015USD ($)	Jan. 16, 2015USD ($)shares	Aug. 31, 2014	May. 31, 2013USD ($)shares	Dec. 31, 2013USD ($)shares	Dec. 31, 2015USD ($)StateProperty$ / sharesshares	Dec. 31, 2014USD ($)$ / sharesshares	Dec. 31, 2013USD ($)	Dec. 04, 2015$ / shares	Sep. 28, 2015$ / shares	Feb. 05, 2015shares	Jan. 29, 2015shares	Sep. 29, 2014USD ($)shares	May. 23, 2014USD ($)	Jun. 17, 2013USD ($)
Organization and Nature of Operations [Line Items]
Date of formation of company								Mar. 12, 2013
Preferred Stock, shares authorized | shares	200,000,000							200,000,000	200,000,000
Preferred Stock, par value | $ / shares	$ 0.001							$ 0.001	$ 0.001
Shares issuable pursuant to distribution reinvestment plan			$ 95,000,000
Issuance of common stock							$ 202,000	$ 18,920,107	$ 6,995,157
Gross proceeds from issuance of common stock							1,000	$ 18,961,011	$ 6,935,157
Preferred units issued | shares									17,000				208,000	80,000	113,000
Class A Common stock
Organization and Nature of Operations [Line Items]
Common Stock, shares authorized | shares	350,000,000							350,000,000	350,000,000
Common stock, par value | $ / shares	$ 0.001							$ 0.001	$ 0.001		$ 0.001	$ 0.001
Issuance of common stock							$ 0	$ 1,887	$ 741
Number of common stock issued | shares							100	1,887,318	740,714
Common Stock, shares issued | shares	2,676,239							2,676,239	740,814
Class T Common stock
Organization and Nature of Operations [Line Items]
Common Stock, shares authorized | shares	350,000,000							350,000,000	350,000,000
Common stock, par value | $ / shares	$ 0.001							$ 0.001	$ 0.001		$ 0.001	$ 0.001
Issuance of common stock							$ 0	$ 18	$ 0
Number of common stock issued | shares							0	17,951	0
Common Stock, shares issued | shares	18,086							18,086	0
Preferred Investor
Organization and Nature of Operations [Line Items]
Preferred units issued | shares	640,000							640,000
Preferred investor investment in operating partnership	$ 16,000,000							$ 16,000,000							$ 2,800,000
Series A Cumulative Redeemable Preferred Units [Member]
Organization and Nature of Operations [Line Items]
Preferred units issued | shares	638,463							638,463
Preferred units outstanding | shares	638,463							638,463
Private Offering
Organization and Nature of Operations [Line Items]
Common stock, shares authorized amount																	$ 109,500,000
Minimum offering requirements of private offering																$ 1,000,000
Issuance of common stock				$ 7,800,000
Number of common stock issued | shares				830,000
Public and private offerings | Class A Common stock
Organization and Nature of Operations [Line Items]
Common Stock, shares issued | shares	2,600,000							2,600,000
Gross proceeds from issuance of common stock	$ 25,800,000
Public and private offerings | Class T Common stock
Organization and Nature of Operations [Line Items]
Number of common stock issued | shares	20,000
Gross proceeds from issuance of common stock	$ 200,000
Number of owned self storage facilities | Property	12
Number of states in which wholly-owned self storage facilities are located | State	6							6
The advisor
Organization and Nature of Operations [Line Items]
Number of common stock issued | shares						100
Issuance of common stock						$ 1,000
Advisor purchased a limited partnership interest in Operating Partnership										$ 201,000
Initial capital contribution						$ 1,000
The advisor | Preferred Investor
Organization and Nature of Operations [Line Items]
Percentage of limited partnership interests owned by noncontrolling owners	0.75%							0.75%
Dealer Manager | President
Organization and Nature of Operations [Line Items]
Percentage of non-voting equity interest					15.00%
Affiliate | The advisor
Organization and Nature of Operations [Line Items]
Percentage owned by affiliate in Advisor								2.50%
SmartStop Asset Management
Organization and Nature of Operations [Line Items]
Percentage of non-voting equity interest		15.00%
Maximum
Organization and Nature of Operations [Line Items]
Number of owned self storage facilities | Property								12
Maximum | Primary Offering
Organization and Nature of Operations [Line Items]
Common stock, shares authorized amount			$ 1,000,000,000
SmartStop Self Storage, Inc.
Organization and Nature of Operations [Line Items]
Date of formation of company								Aug. 31, 2014
Sale price per share | $ / shares		$ 13.75
Enterprise value on sale		$ 1,400,000,000
SmartStop Self Storage, Inc. | The advisor
Organization and Nature of Operations [Line Items]
Economic Interests					97.50%
Percentage of voting membership interest					100.00%
SmartStop Self Storage, Inc. | Strategic Storage Growth Property Management LLC
Organization and Nature of Operations [Line Items]
Percentage of voting membership interest					100.00%
Strategic Storage Growth Operating Partnership
Organization and Nature of Operations [Line Items]
Percentage of limited partnership interests	99.25%							99.25%

Summary of Significant Accoun29

Summary of Significant Accounting Policies - Additional Information (Detail) - USD ($)	10 Months Ended	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2015	Dec. 31, 2014
Summary Of Significant Accounting Policies [Line Items]
Payments to acquire intangible assets		$ 2,000,000	$ 700,000
Business acquisition, transaction costs		1,100,000	600,000
Impairment losses recognized		0	0
Depreciation expense	$ 0	1,161,013	183,604
Gross amount of lease intangibles		2,700,000	700,000
Accumulated amortization of lease intangibles		1,200,000	300,000
Estimated amortization expenses of intangible assets in 2016		1,100,000
Estimated amortization expenses of intangible assets in 2017		400,000
Estimated amortization expenses of intangible assets after year 2017		0
Accumulated amortization of debt issuance cost		$ 300,000	$ 100,000
Maximum period for reimbursement of offering cost		60 days
Maximum offering cost rate		3.50%
Share issued under distribution reinvestment plan		$ 10,706
Minimum percentage of ordinary taxable income to be distributed to stockholders		90.00%
Distributions
Summary Of Significant Accounting Policies [Line Items]
Share issued under distribution reinvestment plan		$ 0
SmartStop Branded Signs
Summary Of Significant Accounting Policies [Line Items]
Depreciation expense		$ 175,000
Personal Property Assets | Minimum
Summary Of Significant Accounting Policies [Line Items]
Estimated useful life		3 years
Personal Property Assets | Maximum
Summary Of Significant Accounting Policies [Line Items]
Estimated useful life		5 years

Estimated Useful Lives used to

Estimated Useful Lives used to Depreciate Real Property Assets (Detail)	12 Months Ended
	Dec. 31, 2015
Land
Property, Plant and Equipment [Line Items]
Standard Depreciable Life	Not Depreciated
Buildings | Minimum
Property, Plant and Equipment [Line Items]
Standard Depreciable Life	30 years
Buildings | Maximum
Property, Plant and Equipment [Line Items]
Standard Depreciable Life	35 years
Site Improvements | Minimum
Property, Plant and Equipment [Line Items]
Standard Depreciable Life	7 years
Site Improvements | Maximum
Property, Plant and Equipment [Line Items]
Standard Depreciable Life	10 years

Summary of Activity in Real Est

Summary of Activity in Real Estate Facilities (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Real estate facilities
Asset disposals	$ 176,816
Real estate facilities, beginning balance	18,967,479
Facility acquisitions	40,921,250	$ 18,645,000
Improvements and additions	617,486	322,479
Real estate facilities, ending balance	60,329,399	18,967,479
Accumulated depreciation
Asset disposals	176,816
Depreciation expense	(1,151,093)	(182,836)
Accumulated depreciation, ending balance	(1,157,113)	$ (182,836)
Accumulated depreciation, beginning balance	$ (182,836)

Summary of Purchase Price Alloc

Summary of Purchase Price Allocations for Acquisitions (Detail) - USD ($)		12 Months Ended
		Dec. 31, 2015	Dec. 31, 2014
Business Acquisition [Line Items]
Real Estate Assets		$ 40,921,250	$ 18,645,000
Intangibles		1,950,000	705,000
Total		42,871,250	19,350,000
Debt Issued		28,754,614	9,545,386
Revenue	[1]	2,688,088	665,135
Property Operating Income	[2]	$ 1,275,408	$ 333,334
Colorado Springs | Colorado
Business Acquisition [Line Items]
Acquisition Date		Jan. 29, 2015
Real Estate Assets		$ 4,036,875
Intangibles		180,000
Total		4,216,875
Debt Issued		2,564,614
Revenue	[1]	414,392
Property Operating Income	[2]	$ 200,274
Riverside | California
Business Acquisition [Line Items]
Acquisition Date		Feb. 5, 2015
Real Estate Assets		$ 1,986,875
Intangibles		90,000
Total		2,076,875
Debt Issued		947,524
Revenue	[1]	422,072
Property Operating Income	[2]	$ 167,241
Stockton | California
Business Acquisition [Line Items]
Acquisition Date		Feb. 5, 2015
Real Estate Assets		$ 1,506,875
Intangibles		80,000
Total		1,586,875
Debt Issued		439,230
Revenue	[1]	377,643
Property Operating Income	[2]	$ 166,988
Azusa | California
Business Acquisition [Line Items]
Acquisition Date		Feb. 5, 2015
Real Estate Assets		$ 3,976,875
Intangibles		210,000
Total		4,186,875
Debt Issued		2,500,668
Revenue	[1]	617,013
Property Operating Income	[2]	$ 362,085
Romeoville | Illinois
Business Acquisition [Line Items]
Acquisition Date		Feb. 5, 2015
Real Estate Assets		$ 3,246,875
Intangibles		180,000
Total		3,426,875
Debt Issued		1,852,578
Revenue	[1]	474,062
Property Operating Income	[2]	$ 230,243
Elgin | Illinois
Business Acquisition [Line Items]
Acquisition Date		Feb. 5, 2015
Real Estate Assets		$ 656,875
Intangibles		30,000
Total		686,875
Debt Issued		0
Revenue	[1]	303,823
Property Operating Income	[2]	$ 108,535
San Antonio I [Member] | Texas
Business Acquisition [Line Items]
Acquisition Date	[3]	Dec. 17, 2015
Real Estate Assets	[3]	$ 11,620,000
Intangibles	[3]	670,000
Total	[3]	12,290,000
Debt Issued	[3]	9,426,260
Revenue	[1],[3]	35,968
Property Operating Income	[2],[3]	$ 19,343
Kingwood | Texas
Business Acquisition [Line Items]
Acquisition Date	[3]	Dec. 17, 2015
Real Estate Assets	[3]	$ 8,030,000
Intangibles	[3]	430,000
Total	[3]	8,460,000
Debt Issued	[3]	6,461,880
Revenue	[1],[3]	24,722
Property Operating Income	[2],[3]	$ 11,696
Aurora | Colorado
Business Acquisition [Line Items]
Acquisition Date	[3]	Dec. 17, 2015
Real Estate Assets	[3]	$ 5,860,000
Intangibles	[3]	80,000
Total	[3]	5,940,000
Debt Issued	[3]	4,561,860
Revenue	[1],[3]	18,393
Property Operating Income	[2],[3]	$ 9,003
Fort Pierce | Florida
Business Acquisition [Line Items]
Acquisition Date			Jul. 31, 2014
Real Estate Assets			$ 3,760,000
Intangibles			90,000
Total			3,850,000
Debt Issued			988,659
Revenue	[1]		142,382
Property Operating Income	[2]		$ 27,673
Las Vegas I | Nevada
Business Acquisition [Line Items]
Acquisition Date			Jul. 31, 2014
Real Estate Assets			$ 9,045,000
Intangibles			405,000
Total			9,450,000
Debt Issued			5,360,706
Revenue	[1]		380,826
Property Operating Income	[2]		$ 230,916
Las Vegas II | Nevada
Business Acquisition [Line Items]
Acquisition Date			Sep. 29, 2014
Real Estate Assets			$ 5,840,000
Intangibles			210,000
Total			6,050,000
Debt Issued			3,196,021
Revenue	[1]		141,927
Property Operating Income	[2]		$ 74,745
[1]	The operating results of the facilities acquired above have been included in our statement of operations since their respective acquisition date.
[2]	Property operating income excludes corporate general and administrative expenses, asset management fees, interest expense, depreciation, amortization and acquisition expenses.
[3]	The allocations noted above are based on a preliminary determination of the fair value of the total consideration provided. Such valuations may change as we complete our purchase price accounting.

Real Estate Facilities - Additi

Real Estate Facilities - Additional Information (Detail) - USD ($)	3 Months Ended			10 Months Ended	12 Months Ended
	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2013	Dec. 31, 2015	Dec. 31, 2014
Business Acquisition [Line Items]
Business acquisition, increase in depreciation expense				$ 0	$ 1,161,013	$ 183,604
Business acquisition, decrease in intangible amortization expense				$ 0	946,146	254,715
Acquisition fees incurred to the advisor					600,000	$ 200,000
Adjustments for New Accounting Principle, Early Adoption
Business Acquisition [Line Items]
Business acquisition, increase in buildings					1,800,000
Business acquisition, decrease in land					(800,000)
Business acquisition, decrease in site improvements					(200,000)
Business acquisition, decrease in intangible assets					(800,000)
Business acquisition, increase in depreciation expense	$ 10,000	$ 9,000	$ 6,000		25,000
Business acquisition, decrease in intangible amortization expense	$ (75,000)	$ (74,000)	$ (45,000)		$ (200,000)

Secured Debt - Additional Infor

Secured Debt - Additional Information (Detail)	Dec. 17, 2015USD ($)	Dec. 31, 2015USD ($)Option	Jan. 06, 2016USD ($)	Dec. 14, 2015USD ($)	Dec. 31, 2014USD ($)	Jul. 31, 2014USD ($)
Debt Instrument [Line Items]
Secured debt		$ 38,300,000			$ 9,545,386
Year Two
Debt Instrument [Line Items]
Percentage of recourse of debt on net assets		15.00%
Due Thereafter
Debt Instrument [Line Items]
Percentage of recourse of debt on net assets		10.00%
Operating Partnership
Debt Instrument [Line Items]
Notional amount for interest rate cap				$ 37,000,000		$ 15,000,000
Effective interest rate cap on derivative instrument						5.75%
KeyBank Facility
Debt Instrument [Line Items]
Maximum borrowings under credit facility	$ 40,000,000	$ 46,250,000				$ 20,000,000
Amount borrowed under credit facility		$ 38,300,000
Amount borrowed under credit facility	$ 20,500,000
Adjustment period under credit facility		120 days
Borrowing capacity potential increase period		26 months
Revolving loan initial term		3 years
Revolving loan maturity date		Jul. 31, 2017
Line of credit facility, term of extension options		1 year
Line of credit facility, number of extension options | Option		2
Line of credit facility, description		The KeyBank Facility has an initial term of three years, maturing on July 31, 2017, with two one-year extension options subject to certain conditions outlined further in the Credit Agreement. Payments due pursuant to the KeyBank Facility are interest-only for the first 36 months and a 30-year amortization schedule thereafter. The KeyBank Facility normally bears interest at the Borrower’s option of either (i) LIBOR plus 325 basis points, or (ii) Base Rate plus 225 basis points. Base Rate is the greater of (i) Agent Prime or (ii) the Fed Funds rate plus 0.50%. However, borrowings made during the Adjustment Period bear interest at the Borrower’s option of either (x) LIBOR plus 375 basis points, or (y) Base Rate plus 275 basis points. The Borrower elected to have LIBOR plus 375 basis points apply to its outstanding borrowing, which equated to an interest rate of approximately 4.1% as of December 31, 2015.
Line of credit facility interest-only period		36 months
Line of credit facility amortization schedule		30 years
Line of credit facility interest rate		4.10%
Minimum debt service coverage ratio	9.00%	1.35%
Total leverage ratio	65.00%	60.00%
Percent of collateral properties used for aggregate borrowing capacity	65.00%	55.00%
Minimum tangible net worth		$ 5,937,713
Minimum interest service coverage ratio	0.0165	1.60
Minimum fixed charge ratio		1.6
Ratio of varying rate indebtedness		30.00%
Percentage of required loan to value ratio	65.00%	55.00%
Percentage of net proceeds of equity received		80.00%
KeyBank Facility | Maximum
Debt Instrument [Line Items]
Additional borrowings under credit facility		$ 6,250,000
Borrowing capacity potential increase		150,000,000
KeyBank Facility | Minimum
Debt Instrument [Line Items]
Borrowing capacity increments		$ 20,000,000
KeyBank Facility | Year Two
Debt Instrument [Line Items]
Minimum interest service coverage ratio		1.75
KeyBank Facility | Year 3
Debt Instrument [Line Items]
Minimum interest service coverage ratio		1.85
KeyBank Facility | LIBOR
Debt Instrument [Line Items]
Line of credit facility applicable interest rate	3.75%	3.25%
KeyBank Facility | Base Rate
Debt Instrument [Line Items]
Line of credit facility applicable interest rate	2.75%	2.25%
KeyBank Facility | Fed Funds Rate Plus
Debt Instrument [Line Items]
Line of credit facility applicable interest rate		0.50%
KeyBank Facility | Subsequent Event
Debt Instrument [Line Items]
Secured debt			$ 8,000,000

Future Principal Payment Requir

Future Principal Payment Requirements on Outstanding Secured Debt (Detail) - USD ($)	Dec. 31, 2015	Dec. 31, 2014
Debt Disclosure [Abstract]
2,016	$ 0
2,017	38,300,000
2,018	0
2,019	0
2,020	0
2021 and thereafter	0
Total payments	$ 38,300,000	$ 9,545,386

Preferred Equity - Additional I

Preferred Equity - Additional Information (Detail) - USD ($)	Sep. 23, 2015	Feb. 05, 2015	Jan. 29, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Sep. 29, 2014	Jul. 31, 2014
Preferred Units [Line Items]
Preferred investor received		208,000	80,000	17,000		17,000	113,000
Expenses incurred for investment				$ 420,000
Issuance of preferred units, value		$ 5,200,000	$ 2,000,000		$ 0	$ 0
Redeemed liquidation amount of preferred units in operating partnership					$ 0
Distribution description					The holders of Preferred Units receive current distributions (the “Current Distributions”) at a rate of one-month LIBOR plus 6.5% per annum on the Liquidation Amount, payable monthly and calculated on an actual/360 basis. In addition to the Current Distributions, our Operating Partnership has the obligation to elect either (A) pay the holder of the Preferred Units additional distributions monthly in an amount that will accrue at the rate of: (i) 4.35% until January 31, 2017; and (ii) thereafter, 6.35% or (B) defer the additional distributions in an amount that will accrue monthly at the rate of (i) for the period until January 31, 2017, LIBOR plus 10.85% and (ii) thereafter, LIBOR plus 12.85% (the “Deferred Distributions”). As of December 31, 2015 and 2014, we had elected to defer the additional distributions and had accrued approximately $0.9 million and $0.2 million of such distributions, respectively.
Distributions payable to preferred unitholders in our Operating Partnership				229,761	$ 1,042,394	229,761
Additional Distributions
Preferred Units [Line Items]
Distribution rate					4.35%
Distribution rate, thereafter					6.35%
Deferred Distributions
Preferred Units [Line Items]
Distributions payable to preferred unitholders in our Operating Partnership				$ 200,000	$ 900,000	200,000
LIBOR | Current Distributions
Preferred Units [Line Items]
Distribution rate description					One-month LIBOR plus 6.5%
Distribution rate					6.50%
LIBOR | Deferred Distributions
Preferred Units [Line Items]
Distribution rate description					LIBOR plus 10.85%
Distribution rate					10.85%
Distribution rate, thereafter					12.85%
Distribution rate thereafter, description					LIBOR plus 12.85%
Preferred Equity in our Operating Partnership
Preferred Units [Line Items]
Issuance of preferred units, value					$ 7,197,995	$ 10,263,581
Redeemed liquidation amount of preferred units in operating partnership	$ 1,500,000				$ 1,500,000
Preferred Investor
Preferred Units [Line Items]
Preferred investor received					640,000
Preferred investor investment in operating partnership					$ 16,000,000		$ 2,800,000
Ft. Pierce Property and the Las Vegas I property
Preferred Units [Line Items]
Preferred investor received								280,000
Ft. Pierce Property and the Las Vegas I property | Preferred Investor
Preferred Units [Line Items]
Preferred investor investment in operating partnership								$ 7,100,000
Unit Purchase Agreement
Preferred Units [Line Items]
Liquidation preference								$ 25
Unit Purchase Agreement | Maximum
Preferred Units [Line Items]
Redeemable preferred equity								$ 18,100,000
Preferred investor received								724,000

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail)	Oct. 01, 2015USD ($)	Dec. 31, 2013USD ($)	Dec. 31, 2015USD ($)Property	Dec. 31, 2014USD ($)
Related Party Transaction [Line Items]
Maximum period for reimbursement of offering cost			60 days
Maximum offering cost rate			3.50%
Gross proceeds from Public Offering, threshold percentage of expenses for reimbursement			15.00%
Monthly asset management fee			0.04167%
Monthly asset management fee one twelfth of less than one percentage of asset value payable			One-twelfth of 0.5%
Disposition fees percentage of sale price of property			1.00%
Operating expenses reimbursement percentage of average investment in assets			2.00%
Operating expenses reimbursement percentage of net income			25.00%
Operating expenses exceed limitation			12 months
Maximum days for disclosure fact			60 days
Underwriting compensation			10.00%
Maximum percentage other non-accountable expenses			3.00%
One-time fee for Property Manager			$ 3,750
Construction management fee			5.00%
Cost of construction or capital improvement work			$ 10,000
Property administration fee			$ 0.50
Related party costs		$ 0
Percentage of tenant premium paid approximately, fees provided by program insurer			50.00%
Revenue recorded in connection with reinsurance program			$ 100,000	$ 0
Manager
Related Party Transaction [Line Items]
Property Manager receives fee for services			$ 3,000
Percentage of fee of Property Manager			6.00%
Dealer Manager | President and Chief Executive Officer
Related Party Transaction [Line Items]
Percentage of non-voting equity interest			15.00%
The advisor | Affiliate
Related Party Transaction [Line Items]
Percentage owned by affiliate in Advisor			2.50%
SmartStop Asset Management
Related Party Transaction [Line Items]
Percentage of non-voting equity interest	15.00%
Advisor
Related Party Transaction [Line Items]
Total operating expenses from transactions with related party			$ 255,000
Private Offering Dealer Manager Agreement
Related Party Transaction [Line Items]
Sale commission fees percentage of proceed from Private Offering			7.00%
Maximum dealer manager commission fee percentage of proceeds from Private Offering			3.75%
Primary Offering Dealer Manager Agreement
Related Party Transaction [Line Items]
Percentage of proceeds from sale of Class A and Class T shares			10.00%
Primary Offering Dealer Manager Agreement | Class A Common stock
Related Party Transaction [Line Items]
Sale commission fees percentage of proceed from Primary Offering			7.00%
Maximum dealer manager commission fee percentage of proceeds from Primary Offering			3.00%
Primary Offering Dealer Manager Agreement | Class T Common stock
Related Party Transaction [Line Items]
Sale commission fees percentage of proceed from Primary Offering			2.00%
Maximum dealer manager commission fee percentage of proceeds from Primary Offering			3.00%
Monthly stockholder servicing fee accrual description			1/365th of 1% of the purchase price per share
Property Management Agreement
Related Party Transaction [Line Items]
Management agreement date			Oct. 1, 2015
Term of property management agreement	3 years
Renewal term of property management agreement	1 year
Period of prior written notice for termination of property management agreement	90 days
Property Management agreement, termination description			The property management agreements have a three year term and automatically renew for successive one year periods thereafter, unless we or our Property Manager provides prior written notice at least 90 days prior to the expiration of the term. We may terminate a property management agreement without cause at any time during the initial three year term if we pay the Property Manager a termination fee equal to the Set-Up Amount, reduced by 1/36th of the Set-Up Amount for every full month of the term. After the end of the initial three year term, we may terminate a property management agreement on 30 days prior written notice without payment of a termination fee. Our Property Manager may terminate a property management agreement on 60 days prior written notice to us.
Notice period for property management agreement	30 days
Notice period for property management agreement by property manager	60 days
Sub Property Management Agreement [Member]
Related Party Transaction [Line Items]
Term of property management agreement	3 years
Renewal term of property management agreement	1 year
Period of prior written notice for termination of property management agreement	90 days
Property Management agreement, termination description			The sub-property management agreements also have a three year term and automatically renew for successive one year periods thereafter, unless our Property Manager or Extra Space provides prior written notice at least 90 days prior to the expiration of the term. Our Property Manager may terminate the sub-property management agreement without cause at any time during the initial three year term if it pays Extra Space a termination fee equal to the Set-Up Amount, reduced by 1/36th of the Set-Up Amount for every full month of the term. After the end of the initial three year term, our Property Manager may terminate a sub-property management agreement on 30 days prior written notice without payment of a termination fee. Extra Space may terminate a property management agreement on 60 days prior written notice to our Property Manager.
Notice period for property management agreement	30 days
Notice period for property management agreement by property manager	60 days
Minimum
Related Party Transaction [Line Items]
Rate of acquisition fees of purchase price of contract			1.00%
Number of owned self storage facilities | Property			3
Minimum | Property Management Agreement
Related Party Transaction [Line Items]
Property management monthly management fee	$ 2,500
Property management monthly management fee, percentage on gross revenue	6.00%
Minimum | Sub Property Management Agreement [Member]
Related Party Transaction [Line Items]
Property management monthly management fee	$ 2,500
Property management monthly management fee, percentage on gross revenue	6.00%
Maximum
Related Party Transaction [Line Items]
Rate of acquisition fees of purchase price of contract			1.75%
Financing fee			0.50%
Commission percentage of sale price of property			6.00%
Number of owned self storage facilities | Property			12
Maximum | Property Management Agreement
Related Party Transaction [Line Items]
Signage and set-up costs associated with converting each property to extra space brand	$ 25,000

Summary of Related Party Costs

Summary of Related Party Costs (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Related Party Transaction [Line Items]
Related party costs, Incurred	$ 4,618,721	$ 3,520,321
Related party costs, Paid	6,215,172	1,670,873
Related party costs, Payable	252,997	1,849,448
Operating expenses (including organizational costs)
Related Party Transaction [Line Items]
Related party costs, Incurred	774,212	421,921
Related party costs, Paid	748,513	421,921
Related party costs, Payable	25,699	0
Asset management fees
Related Party Transaction [Line Items]
Related party costs, Incurred	180,060	36,248
Related party costs, Paid	216,308	0
Related party costs, Payable	0	36,248
Property management fees
Related Party Transaction [Line Items]
Related party costs, Incurred	378,190	68,146
Related party costs, Paid	446,336	0
Related party costs, Payable	0	68,146
Acquisition expenses
Related Party Transaction [Line Items]
Related party costs, Incurred	822,798	488,660
Related party costs, Paid	775,620	418,763
Related party costs, Payable	117,075	69,897
Debt Issuance Costs
Related Party Transaction [Line Items]
Related party costs, Incurred	143,773	0
Related party costs, Paid	41,523	0
Related party costs, Payable	102,250	0
Debt issuance costs
Related Party Transaction [Line Items]
Related party costs, Incurred	0	323,822
Related party costs, Paid	165,542	158,280
Related party costs, Payable	0	165,542
Other assets
Related Party Transaction [Line Items]
Related party costs, Incurred	20,000	87,405
Related party costs, Paid	107,405	0
Related party costs, Payable	0	87,405
Selling commissions
Related Party Transaction [Line Items]
Related party costs, Incurred	1,462,535	470,336
Related party costs, Paid	1,490,534	442,337
Related party costs, Payable	0	27,999
Dealer manager fees
Related Party Transaction [Line Items]
Related party costs, Incurred	365,634	201,572
Related party costs, Paid	372,474	189,571
Related party costs, Payable	5,161	12,001
Offering costs
Related Party Transaction [Line Items]
Related party costs, Incurred	471,519	1,422,211
Related party costs, Paid	1,850,917	40,001
Related party costs, Payable	$ 2,812	$ 1,382,210

Summary of Related Party Cost39

Summary of Related Party Costs (Parenthetical) (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Related Party Transaction [Line Items]
Related party costs, Paid	$ 6,215,172	$ 1,670,873
Property management fees
Related Party Transaction [Line Items]
Related party costs, Paid	446,336	$ 0
Sub-property manager | Property management fees
Related Party Transaction [Line Items]
Related party costs, Paid	$ 92,000

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2015USD ($)$ / sharesshares
Commitments and Contingencies [Line Items]
Share issued under distribution reinvestment plan	1,127
Class A Common stock
Commitments and Contingencies [Line Items]
Share issued under distribution reinvestment plan	1,127
Distribution Reinvestment Plan
Commitments and Contingencies [Line Items]
Percentage of offering price under distribution reinvestment plan	95.00%
Amendment, suspension or termination period for distribution reinvestment Plan	10 days
Sales commission or dealer manager fee payable | $	$ 0
Distribution Reinvestment Plan | Class A Common stock
Commitments and Contingencies [Line Items]
Share issued under distribution reinvestment plan	1,000
Distribution Reinvestment Plan | Class T Common stock
Commitments and Contingencies [Line Items]
Share issued under distribution reinvestment plan	0
Share Redemption Program
Commitments and Contingencies [Line Items]
Amendment, suspension or termination period of share	30 days
Purchase price of shares redeemed | $ / shares	$ 0
Maximum weighted average number of shares outstanding percentage	5.00%
Share Redemption Program | Minimum
Commitments and Contingencies [Line Items]
Shareholders share holding period	1 year

Stock for Redemptions Based on

Stock for Redemptions Based on Number of Years Stock Held (Detail)	12 Months Ended
	Dec. 31, 2015
Less than 1
Financial Instruments Subject to Mandatory Redemption by Settlement Terms [Line Items]
Redemption price	0.00%
1 or more but less than 3
Financial Instruments Subject to Mandatory Redemption by Settlement Terms [Line Items]
Redemption price	90.00%
3 or more but less than 4
Financial Instruments Subject to Mandatory Redemption by Settlement Terms [Line Items]
Redemption price	95.00%
4 or more
Financial Instruments Subject to Mandatory Redemption by Settlement Terms [Line Items]
Redemption price	100.00%

Summary of Consolidated Results

Summary of Consolidated Results of Operations on Pro Forma Basis (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Business Acquisition, Pro Forma Information [Abstract]
Pro forma revenue	$ 6,676,289	$ 5,874,046
Pro forma operating expenses	(8,021,824)	(7,463,592)
Pro forma net loss attributable to common shareholders	$ (5,350,389)	$ (5,516,182)

Pro Forma Financial Informati43

Pro Forma Financial Information - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Business Acquisition, Pro Forma Information [Abstract]
Pro forma acquisition related expenses	$ 1.1	$ 0.6

Selected Quarterly Data - Addit

Selected Quarterly Data - Additional Information (Detail) - USD ($)	3 Months Ended			10 Months Ended	12 Months Ended
	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2013	Dec. 31, 2015	Dec. 31, 2014
Schedule Of Quarterly Financial Information [Line Items]
Description of operation					There were no operations from the period from March 12, 2013 (date of inception) through December 31, 2013
Business acquisition, increase in depreciation expense				$ 0	$ 1,161,013	$ 183,604
Business acquisition, decrease in intangible amortization expense				$ 0	946,146	$ 254,715
Adjustments for New Accounting Principle, Early Adoption
Schedule Of Quarterly Financial Information [Line Items]
Business acquisition, increase in depreciation expense	$ 10,000	$ 9,000	$ 6,000		25,000
Business acquisition, decrease in intangible amortization expense	$ (75,000)	$ (74,000)	$ (45,000)		$ (200,000)

Summary of Quarterly Financial

Summary of Quarterly Financial Information (Detail) - USD ($)	3 Months Ended								10 Months Ended	12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Dec. 31, 2015	Dec. 31, 2014
Schedule Of Quarterly Financial Information [Line Items]
Total revenues	$ 1,371,775	$ 1,292,224	$ 1,241,755	$ 951,653	$ 459,693	$ 205,442	$ 0	$ 0	$ 0	$ 4,857,407	$ 665,135
Total operating expenses	2,159,038	1,836,662	1,619,962	1,592,434	748,758	723,462	412,853	0	0	7,208,096	1,885,073
Operating loss	(787,263)	(544,438)	(378,207)	(640,781)	(289,065)	(518,020)	(412,853)	0	0	(2,350,689)	(1,219,938)
Net loss	(1,191,825)	(758,800)	(590,767)	(834,329)	(423,634)	(599,148)	(412,853)	0	0	(3,375,721)	(1,435,635)
Net loss attributable to common shareholders	$ (1,693,559)	$ (1,314,402)	$ (1,154,918)	$ (1,302,893)	$ (765,635)	$ (694,376)	$ (357,246)	$ 0	$ 0	(5,465,772)	(1,817,257)
Net loss per share-basic and diluted					$ (1.27)	$ (2.14)	$ (6.20)	$ 0
Class A Common stock
Schedule Of Quarterly Financial Information [Line Items]
Net loss attributable to common shareholders										$ 0	$ 0
Net loss per share-basic and diluted	$ (0.82)	$ (1.26)	$ (1.36)	$ (1.60)					$ 0	$ (4.59)	$ (7.31)
Class T Common stock
Schedule Of Quarterly Financial Information [Line Items]
Net loss attributable to common shareholders										$ 0	$ 0
Net loss per share-basic and diluted	$ (0.82)	$ 0	$ 0	$ 0					$ 0	$ (4.59)	$ 0

Declaration of Distributions -

Declaration of Distributions - Additional Information (Detail) - $ / shares	Dec. 04, 2015	Dec. 31, 2015	Sep. 28, 2015	Dec. 31, 2014
Schedule Of Stockholders Equity [Line Items]
Cash distribution record date end	Mar. 31, 2016
Cash distribution record date start	Jan. 1, 2016
Common Class A and T
Schedule Of Stockholders Equity [Line Items]
Stock distribution declare date	Dec. 4, 2015
Cash distribution record date end	Mar. 31, 2016
Stock distribution issued date	Apr. 15, 2016
Common stock daily distribution declared	$ 0.00054645
Class A Common stock
Schedule Of Stockholders Equity [Line Items]
Common stock authorized stock distribution	0.005
Common stock, par value	$ 0.001	$ 0.001	$ 0.001	$ 0.001
Common stock shares outstanding distribution percentage	0.75%
Common stock shares outstanding distribution percentage	2.00%
Common stock purchase price per share	$ 10
Class T Common stock
Schedule Of Stockholders Equity [Line Items]
Common stock authorized stock distribution	0.005
Common stock, par value	$ 0.001	$ 0.001	$ 0.001	$ 0.001
Common stock shares outstanding distribution percentage	0.75%
Common stock shares outstanding distribution percentage	2.10%
Common stock purchase price per share	$ 9.47

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail)	Mar. 22, 2016$ / shares	Mar. 18, 2016USD ($)shares	Feb. 09, 2016USD ($)	Jan. 06, 2016USD ($)Store	Dec. 04, 2015$ / shares	Dec. 31, 2013USD ($)shares	Dec. 31, 2015USD ($)shares	Dec. 31, 2014USD ($)shares	Mar. 28, 2016USD ($)	Dec. 17, 2015USD ($)	Jul. 31, 2014USD ($)
Subsequent Event [Line Items]
Secured debt							$ 38,300,000	$ 9,545,386
Acquisition fees incurred to the advisor							600,000	200,000
Cash distribution record date start					Jan. 1, 2016
Cash distribution record date end					Mar. 31, 2016
Gross proceeds from issuance of common stock						$ 1,000	$ 18,961,011	$ 6,935,157
Class A Common stock
Subsequent Event [Line Items]
Common stock shares outstanding distribution percentage					2.00%
Common stock purchase price per share | $ / shares					$ 10
Common stock issued in connection with Offering | shares						100	1,887,318	740,714
Class T Common stock
Subsequent Event [Line Items]
Common stock shares outstanding distribution percentage					2.10%
Common stock purchase price per share | $ / shares					$ 9.47
Common stock issued in connection with Offering | shares						0	17,951	0
Common Class A and T
Subsequent Event [Line Items]
Common stock daily distribution declared | $ / shares					$ 0.00054645
Cash distribution record date end					Mar. 31, 2016
KeyBank Facility
Subsequent Event [Line Items]
Maximum borrowings under credit facility							$ 46,250,000			$ 40,000,000	$ 20,000,000
Subsequent Event
Subsequent Event [Line Items]
Cash distribution record date start	Apr. 1, 2016
Cash distribution record date end	Jun. 30, 2016
Subsequent Event | Class A Common stock
Subsequent Event [Line Items]
Common stock shares outstanding distribution percentage	4.00%
Common stock purchase price per share | $ / shares	$ 10
Common stock issued in connection with Offering | shares		2,674,000
Gross proceeds from issuance of common stock		$ 26,600,000
Subsequent Event | Class T Common stock
Subsequent Event [Line Items]
Common stock shares outstanding distribution percentage	4.20%
Common stock purchase price per share | $ / shares	$ 9.47
Common stock issued in connection with Offering | shares		89,000
Gross proceeds from issuance of common stock		$ 800,000
Subsequent Event | Common Class A and T
Subsequent Event [Line Items]
Common stock daily distribution declared | $ / shares	$ 0.0010928962
Subsequent Event | KeyBank Facility
Subsequent Event [Line Items]
Secured debt				$ 8,000,000
Subsequent Event | Amended KeyBank Facility
Subsequent Event [Line Items]
Secured debt		$ 41,000,000
Maximum borrowings under credit facility									$ 40,000,000
Subsequent Event | San Antonio Texas
Subsequent Event [Line Items]
Purchase price of Property				12,300,000
Acquisition fees incurred to the advisor				$ 215,000
Number of closed self storage facilities | Store				1
Subsequent Event | Stoney Creek Property | Toronto Canada
Subsequent Event [Line Items]
Purchase price of Property			$ 1,500,000
Acquisition fees incurred to the advisor			$ 26,000

Schedule III - Real Estate an48

Schedule III - Real Estate and Accumulated Depreciation (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrance	$ 38,300,000
Initial Cost to Company, Land	13,180,000
Initial Cost to Company, Building and Improvements	46,386,250
Initial Cost to Company, Total	59,566,250
Cost Capitalized Subsequent to Acquisition	763,149
Gross Carrying Amount, Land	13,180,000
Gross Carrying Amount, Building and Improvements	47,149,399
Gross Carrying Amount, Total	60,329,399	$ 18,967,479
Accumulated Depreciation	(1,157,113)
Fort Pierce | Florida
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrance	988,659
Initial Cost to Company, Land	700,000
Initial Cost to Company, Building and Improvements	3,060,000
Initial Cost to Company, Total	3,760,000
Cost Capitalized Subsequent to Acquisition	54,962
Gross Carrying Amount, Land	700,000
Gross Carrying Amount, Building and Improvements	3,114,962
Gross Carrying Amount, Total	3,814,962
Accumulated Depreciation	$ (156,346)
Date of Construction	2,008
Date Acquired	Jul. 31, 2014
Las Vegas I | Nevada
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrance	$ 5,360,706
Initial Cost to Company, Land	2,180,000
Initial Cost to Company, Building and Improvements	6,865,000
Initial Cost to Company, Total	9,045,000
Cost Capitalized Subsequent to Acquisition	192,022
Gross Carrying Amount, Land	2,180,000
Gross Carrying Amount, Building and Improvements	7,057,022
Gross Carrying Amount, Total	9,237,022
Accumulated Depreciation	$ (348,485)
Date of Construction	1,999
Date Acquired	Jul. 31, 2014
Las Vegas II | Nevada
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrance	$ 3,196,021
Initial Cost to Company, Land	1,380,000
Initial Cost to Company, Building and Improvements	4,460,000
Initial Cost to Company, Total	5,840,000
Cost Capitalized Subsequent to Acquisition	120,997
Gross Carrying Amount, Land	1,380,000
Gross Carrying Amount, Building and Improvements	4,580,997
Gross Carrying Amount, Total	5,960,997
Accumulated Depreciation	$ (196,478)
Date of Construction	1,996
Date Acquired	Sep. 29, 2014
Colorado Springs | Colorado
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrance	$ 2,564,614
Initial Cost to Company, Land	1,510,000
Initial Cost to Company, Building and Improvements	2,526,875
Initial Cost to Company, Total	4,036,875
Cost Capitalized Subsequent to Acquisition	59,104
Gross Carrying Amount, Land	1,510,000
Gross Carrying Amount, Building and Improvements	2,585,979
Gross Carrying Amount, Total	4,095,979
Accumulated Depreciation	$ (99,796)
Date of Construction	1,983
Date Acquired	Jan. 29, 2015
Riverside | California
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrance	$ 947,524
Initial Cost to Company, Land	220,000
Initial Cost to Company, Building and Improvements	1,766,875
Initial Cost to Company, Total	1,986,875
Cost Capitalized Subsequent to Acquisition	46,072
Gross Carrying Amount, Land	220,000
Gross Carrying Amount, Building and Improvements	1,812,947
Gross Carrying Amount, Total	2,032,947
Accumulated Depreciation	$ (61,954)
Date of Construction	1,980
Date Acquired	May 2, 2015
Stockton | California
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrance	$ 439,230
Initial Cost to Company, Land	150,000
Initial Cost to Company, Building and Improvements	1,356,875
Initial Cost to Company, Total	1,506,875
Cost Capitalized Subsequent to Acquisition	21,159
Gross Carrying Amount, Land	150,000
Gross Carrying Amount, Building and Improvements	1,378,034
Gross Carrying Amount, Total	1,528,034
Accumulated Depreciation	$ (48,871)
Date of Construction	1,984
Date Acquired	May 2, 2015
Azusa | California
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrance	$ 2,500,668
Initial Cost to Company, Land	1,260,000
Initial Cost to Company, Building and Improvements	2,716,875
Initial Cost to Company, Total	3,976,875
Cost Capitalized Subsequent to Acquisition	56,173
Gross Carrying Amount, Land	1,260,000
Gross Carrying Amount, Building and Improvements	2,773,048
Gross Carrying Amount, Total	4,033,048
Accumulated Depreciation	$ (95,060)
Date of Construction	1,986
Date Acquired	May 2, 2015
Romeoville | Illinois
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrance	$ 1,852,578
Initial Cost to Company, Land	480,000
Initial Cost to Company, Building and Improvements	2,766,875
Initial Cost to Company, Total	3,246,875
Cost Capitalized Subsequent to Acquisition	56,946
Gross Carrying Amount, Land	480,000
Gross Carrying Amount, Building and Improvements	2,823,821
Gross Carrying Amount, Total	3,303,821
Accumulated Depreciation	$ (98,452)
Date of Construction	1,986
Date Acquired	May 2, 2015
Elgin | Illinois
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Initial Cost to Company, Land	$ 110,000
Initial Cost to Company, Building and Improvements	546,875
Initial Cost to Company, Total	656,875
Cost Capitalized Subsequent to Acquisition	155,714
Gross Carrying Amount, Land	110,000
Gross Carrying Amount, Building and Improvements	702,589
Gross Carrying Amount, Total	812,589
Accumulated Depreciation	$ (21,073)
Date of Construction	1,986
Date Acquired	May 2, 2015
San Antonio I | Texas
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrance	$ 9,426,260
Initial Cost to Company, Land	2,600,000
Initial Cost to Company, Building and Improvements	9,020,000
Initial Cost to Company, Total	11,620,000
Cost Capitalized Subsequent to Acquisition	0
Gross Carrying Amount, Land	2,600,000
Gross Carrying Amount, Building and Improvements	9,020,000
Gross Carrying Amount, Total	11,620,000
Accumulated Depreciation	$ (11,940)
Date of Construction	1,998
Date Acquired	Dec. 17, 2015
Kingwood | Texas
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrance	$ 6,461,880
Initial Cost to Company, Land	1,760,000
Initial Cost to Company, Building and Improvements	6,270,000
Initial Cost to Company, Total	8,030,000
Cost Capitalized Subsequent to Acquisition	0
Gross Carrying Amount, Land	1,760,000
Gross Carrying Amount, Building and Improvements	6,270,000
Gross Carrying Amount, Total	8,030,000
Accumulated Depreciation	$ (9,036)
Date of Construction	2,001
Date Acquired	Dec. 17, 2015
Aurora | Colorado
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrance	$ 4,561,860
Initial Cost to Company, Land	830,000
Initial Cost to Company, Building and Improvements	5,030,000
Initial Cost to Company, Total	5,860,000
Cost Capitalized Subsequent to Acquisition	0
Gross Carrying Amount, Land	830,000
Gross Carrying Amount, Building and Improvements	5,030,000
Gross Carrying Amount, Total	5,860,000
Accumulated Depreciation	$ (9,622)
Date of Construction	2,015
Date Acquired	Dec. 17, 2015

Schedule III - Activity in Real

Schedule III - Activity in Real Estate Facilities (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Real estate facilities
Balance at beginning of year	$ 18,967,479
Asset disposals	(176,816)
Facility acquisitions	40,921,250	$ 18,645,000
Improvements	617,486	322,479
Balance at end of year	60,329,399	18,967,479
Accumulated depreciation
Balance at beginning of year	182,836
Asset disposals	(176,816)
Depreciation expense	1,151,093	182,836
Balance at end of year	1,157,113	182,836
Construction in process
Balance at beginning of year	0
Additions	30,808
Balance at end of year	30,808	0
Real estate facilities, net	$ 59,203,094	$ 18,784,643