SmartStop Self Storage REIT (STSFF) 10-K 31 Mar 17 2016 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2016	Mar. 23, 2017	Jun. 30, 2016
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
Trading Symbol	ck0001585389
Entity Registrant Name	STRATEGIC STORAGE TRUST II, INC.
Entity Central Index Key	1,585,389
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			$ 471,538,530
Class A Common stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		48,491,561
Class T Common stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		7,198,181

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Real estate facilities:
Land	$ 249,051,278	$ 47,653,000
Buildings	439,426,157	97,941,472
Site improvements	38,978,298	10,650,078
Real estate investment property, gross	727,455,733	156,244,550
Accumulated depreciation	(14,855,188)	(3,755,709)
Real estate investment property	712,600,545	152,488,841
Construction in process	1,740,139	385,408
Real estate facilities, net	714,340,684	152,874,249
Cash and cash equivalents	14,993,869	28,104,470
Restricted cash	3,040,936	410,492
Other assets	5,533,182	6,017,845
Debt issuance costs, net of accumulated amortization	1,550,410	2,128,806
Intangible assets, net of accumulated amortization	13,094,530	3,910,966
Total assets	752,553,611	193,446,828
LIABILITIES AND EQUITY
Debt, net	320,820,740	23,029,775
Accounts payable and accrued liabilities	4,601,422	2,146,253
Due to affiliates	3,178,235	208,483
Distributions payable	2,608,609	986,886
Total liabilities	331,209,006	26,371,397
Commitments and contingencies (Note 8)
Redeemable common stock	10,711,682	1,223,483
Equity:
Preferred stock, $0.001 par value; 200,000,000 shares authorized; none issued and outstanding at December 31, 2016 and 2015	0	0
Additional paid-in capital	480,692,731	187,434,752
Distributions	(27,665,337)	(3,893,528)
Accumulated deficit	(43,777,711)	(17,687,326)
Accumulated other comprehensive income	1,377,950	0
Total Strategic Storage Trust II, Inc. equity	410,681,393	165,875,192
Noncontrolling interests in our Operating Partnership	(48,470)	(23,244)
Total equity	410,632,923	165,851,948
Total liabilities and equity	752,553,611	193,446,828
Class A Common stock
Equity:
Common stock, value	47,174	20,685
Class T Common stock
Equity:
Common stock, value	$ 6,586	$ 609

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2016	Dec. 31, 2015
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	47,174,543	20,684,791
Common Stock, shares outstanding	47,174,543	20,684,791
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	6,585,799	608,982
Common Stock, shares outstanding	6,585,799	608,982

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Revenues:
Self storage rental revenue	$ 45,169,831	$ 17,547,235	$ 450,963
Ancillary operating revenue	261,315	358,464	14,382
Total revenues	45,431,146	17,905,699	465,345
Operating expenses:
Property operating expenses	15,976,950	6,754,391	167,434
Property operating expenses - affiliates	5,723,708	2,124,892	69,541
General and administrative	2,860,653	1,591,577	943,865
Depreciation	11,213,663	3,967,981	94,063
Intangible amortization expense	10,864,617	5,142,417	158,617
Acquisition expenses - affiliates	10,729,535	2,776,679	1,089,783
Other property acquisition expenses	2,972,523	624,642	198,907
Total operating expenses	60,341,649	22,982,579	2,722,210
Operating loss	(14,910,503)	(5,076,880)	(2,256,865)
Other income (expense):
Interest expense	(7,445,230)	(2,908,171)	(116,920)
Interest expense-accretion of fair market value of secured debt	386,848	91,061	16,543
Interest expense-debt issuance costs	(3,848,286)	(1,011,121)	(4,343)
Other	(286,438)	(32,430)	0
Net loss	(26,103,609)	(8,937,541)	(2,361,585)
Less: Distributions to preferred unitholders in our Operating Partnership	0	(4,825,139)	(117,472)
Less: Accretion of preferred equity costs	0	(1,621,385)	(28,115)
Net loss attributable to the noncontrolling interests in our Operating Partnership	13,224	93,124	110,787
Net loss attributable to Strategic Storage Trust II, Inc. common stockholders	$ (26,090,385)	$ (15,290,941)	$ (2,396,385)
Class A Common stock
Other income (expense):
Net loss per share-basic and diluted	$ (0.65)	$ (2.56)	$ (4.59)
Weighted average shares outstanding-basic and diluted	36,828,765	5,923,286	522,223
Class T Common stock
Other income (expense):
Net loss per share-basic and diluted	$ (0.65)	$ (2.56)	$ 0
Weighted average shares outstanding-basic and diluted	3,431,714	45,924	0

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Loss - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Statement of Comprehensive Income [Abstract]
Net loss	$ (26,103,609)	$ (8,937,541)	$ (2,361,585)
Other comprehensive income:
Foreign currency translation adjustment	591,721	0	0
Foreign currency forward contract gain	86,315	0	0
Interest rate swap contract gain	699,914	0	0
Other comprehensive income	1,377,950	0	0
Comprehensive loss	(24,725,659)	(8,937,541)	(2,361,585)
Less: Distributions to preferred unitholders in our Operating Partnership	0	(4,825,139)	(117,472)
Less: Accretion of preferred equity costs	0	(1,621,385)	(28,115)
Comprehensive loss attributable to noncontrolling interests:
Comprehensive loss attributable to the noncontrolling interests in our Operating Partnership	12,526	93,124	110,787
Comprehensive loss attributable to Strategic Storage Trust II, Inc. common stockholders.	$ (24,713,133)	$ (15,290,941)	$ (2,396,385)

Consolidated Statement of Equit

Consolidated Statement of Equity - USD ($)	Total	Redeemable Common Stock [Member]	Common StockClass A Common stock	Common StockClass T Common stock	Additional Paid-in Capital [Member]	Distributions [Member]	Accumulated Deficit [Member]	Accumulated Other Comprehensive Income [Member]	Total Strategic Storage Trust II, Inc. Equity [Member]	Noncontrolling Interests in our Operating Partnership [Member]	Preferred Equity in our Operating Partnership
Beginning Balance at Dec. 31, 2013	$ 201,000	$ 0	$ 1	$ 0	$ 999	$ 0	$ 0	$ 0	$ 1,000	$ 200,000	$ 0
Beginning Balance (in shares) at Dec. 31, 2013			100	0
Gross proceeds from issuance of common stock	17,536,902	0	$ 1,757	$ 0	17,535,145	0	0	0	17,536,902	0	0
Gross proceeds from issuance of common stock (in shares)			1,757,677	0
Offering costs	(3,531,326)	0	$ 0	$ 0	(3,531,326)	0	0	0	(3,531,326)	0	0
Changes to redeemable common stock	(73,514)	73,514	0	0	(73,514)	0	0	0	(73,514)	0	0
Distributions ($0.60 per share)	(311,975)	0	0	0	0	(311,975)	0	0	(311,975)	0	0
Distributions for noncontrolling interests	(7,332)	0	0	0	0	0	0	0	0	(7,332)	0
Issuance of shares for distribution reinvestment plan	73,514	0	$ 8	$ 0	73,506	0	0	0	73,514	0	0
Issuance of shares for distribution reinvestment plan (in shares)			7,738	0
Net loss attributable to Strategic Storage II Trust, Inc.	(2,396,385)	0	$ 0	$ 0	0	0	(2,396,385)	0	(2,396,385)	0	0
Net loss attributable to the noncontrolling interests in our Operating Partnership	(110,787)	0	0	0	0	0	0	0	0	(110,787)	0
Gross proceeds from issuance of preferred equity in our Operating Partnership	0	0	0	0	0	0	0	0	0	0	6,517,119
Foreign currency translation adjustment	0
Foreign currency forward contract gain	0
Preferred equity issuance costs	0	0	0	0	0	0	0	0	0	0	(1,517,119)
Interest rate swap contract gain	0
Accretion of preferred equity issuance costs	0	0	0	0	0	0	0	0	0	0	28,115
Ending Balance at Dec. 31, 2014	11,380,097	73,514	$ 1,766	$ 0	14,004,810	(311,975)	(2,396,385)	0	11,298,216	81,881	5,028,115
Ending Balance (in shares) at Dec. 31, 2014			1,765,515	0
Gross proceeds from issuance of common stock	193,105,306	0	$ 18,796	$ 608	193,085,902	0	0	0	193,105,306	0	0
Gross proceeds from issuance of common stock (in shares)			18,797,161	608,918
Offering costs	(19,667,131)	0	$ 0	$ 0	(19,667,131)	0	0	0	(19,667,131)	0	0
Changes to redeemable common stock	(1,177,289)	1,177,289	0	0	(1,177,289)	0	0	0	(1,177,289)	0	0
Redemptions of common stock	(1)	(27,320)	$ (1)	$ 0	0	0	0	0	(1)	0	0
Redemptions of common stock (in shares)			(1,750)	0
Distributions ($0.60 per share)	(3,581,553)	0	$ 0	$ 0	0	(3,581,553)	0	0	(3,581,553)	0	0
Distributions for noncontrolling interests	(12,001)	0	0	0	0	0	0	0	0	(12,001)	0
Issuance of shares for distribution reinvestment plan	1,177,289	0	$ 124	$ 1	1,177,164	0	0	0	1,177,289	0	0
Issuance of shares for distribution reinvestment plan (in shares)			123,865	64
Stock compensation expense	11,296	0	$ 0	$ 0	11,296	0	0	0	11,296	0	0
Net loss attributable to Strategic Storage II Trust, Inc.	(15,290,941)	0	0	0	0	0	(15,290,941)	0	(15,290,941)	0	0
Net loss attributable to the noncontrolling interests in our Operating Partnership	(93,124)	0	0	0	0	0	0	0	0	(93,124)	0
Gross proceeds from issuance of preferred equity in our Operating Partnership	0	0	0	0	0	0	0	0	0	0	52,952,380
Foreign currency translation adjustment	0
Redemption of preferred equity in our Operating Partnership	0	0	0	0	0	0	0	0	0	0	(59,469,500)
Foreign currency forward contract gain	0
Preferred equity issuance costs	0	0	0	0	0	0	0	0	0	0	(132,380)
Interest rate swap contract gain	0
Accretion of preferred equity issuance costs	0	0	0	0	0	0	0	0	0	0	1,621,385
Ending Balance at Dec. 31, 2015	165,851,948	1,223,483	$ 20,685	609	187,434,752	(3,893,528)	(17,687,326)	0	165,875,192	(23,244)	0
Ending Balance (in shares) at Dec. 31, 2015			20,684,791
Gross proceeds from issuance of common stock	326,028,023	0	$ 25,601	$ 5,892	325,996,530	0	0	0	326,028,023	0	0
Gross proceeds from issuance of common stock (in shares)			25,601,685	5,892,439
Offering costs	(32,776,126)	0	$ 0	$ 0	(32,776,126)	0	0	0	(32,776,126)	0	0
Changes to redeemable common stock	(10,790,662)	10,790,662	0	0	(10,790,662)	0	0	0	(10,790,662)	0	0
Redemptions of common stock	(112)	(1,302,463)	$ (112)	$ 0	0	0	0	0	(112)	0	0
Redemptions of common stock (in shares)			(112,340)	0
Distributions ($0.60 per share)	(23,771,809)	0	$ 0	$ 0	0	(23,771,809)	0	0	(23,771,809)	0	0
Distributions for noncontrolling interests	(12,002)	0	0	0	0	0	0	0	0	(12,002)	0
Issuance of shares for distribution reinvestment plan	10,791,747	0	$ 1,000	$ 85	10,790,662	0	0	0	10,791,747	0	0
Issuance of shares for distribution reinvestment plan (in shares)			1,000,407	84,378
Stock compensation expense	37,575	0	$ 0	$ 0	37,575	0	0	0	37,575	0	0
Net loss attributable to Strategic Storage II Trust, Inc.	(26,090,385)	0	0	0	0	0	(26,090,385)	0	(26,090,385)	0	0
Net loss attributable to the noncontrolling interests in our Operating Partnership	(13,224)	0	0	0	0	0	0	0	0	(13,224)	0
Foreign currency translation adjustment	591,721	0	0	0	0	0	0	591,721	591,721	0	0
Foreign currency forward contract gain	86,315	0	0	0	0	0	0	86,315	86,315	0	0
Interest rate swap contract gain	699,914	0	0	0	0	0	0	699,914	699,914	0	0
Ending Balance at Dec. 31, 2016	$ 410,632,923	$ 10,711,682	$ 47,174	$ 6,586	$ 480,692,731	$ (27,665,337)	$ (43,777,711)	$ 1,377,950	$ 410,681,393	$ (48,470)	$ 0
Ending Balance (in shares) at Dec. 31, 2016			47,174,543	6,585,799

Consolidated Statement of Equi7

Consolidated Statement of Equity (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2014
Statement of Stockholders' Equity [Abstract]
Distributions, per share	$ 0.60	$ 0.60

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Cash flows from operating activities:
Net loss	$ (26,103,609)	$ (8,937,541)	$ (2,361,585)
Adjustments to reconcile net loss to cash used in operating activities:
Depreciation and amortization	22,078,280	9,110,398	252,680
Accretion of fair market value adjustment of secured debt	(386,848)	(91,061)	(16,543)
Amortization of debt issuance costs	3,041,890	546,932	4,343
Expense related to issuance of restricted stock	37,575	11,296	0
Increase (decrease) in cash from changes in assets and liabilities:
Other assets	(2,171,412)	(1,516,214)	(145,776)
Restricted cash	(712,751)	59,215	(177,701)
Accounts payable and accrued liabilities	2,670,699	1,125,839	501,065
Due to affiliates	(41,045)	(1,561,104)	1,609,075
Net cash used in operating activities	(1,587,221)	(1,252,240)	(334,442)
Cash flows from investing activities:
Purchase of real estate	(499,863,176)	(136,121,758)	(9,481,306)
Additions to real estate facilities	(8,264,539)	(2,170,514)	(2,255)
Deposits on acquisition of real estate facilities	(250,000)	(2,486,163)	(4,000,000)
Restricted cash	(1,917,693)	(86,915)	(205,091)
Net cash used in investing activities	(510,295,408)	(140,865,350)	(13,688,652)
Cash flows from financing activities:
Gross proceeds from issuance of debt	366,898,908	71,981,167	0
Pay down of debt	(147,246,450)	(61,981,167)	0
Scheduled principal payments on secured debt	(430,078)	(166,573)	(14,280)
Debt issuance costs	(4,876,499)	(2,582,779)	(200,842)
Gross proceeds from issuance of common stock	326,806,655	190,817,800	17,477,102
Offering costs	(29,771,573)	(21,291,432)	(1,710,059)
Redemption of common stock	(1,066,953)	(17,500)	0
Distributions paid to common stockholders	(11,358,337)	(1,497,802)	(158,037)
Proceeds from issuance of preferred equity in our Operating Partnership	0	52,820,000	5,000,000
Redemption of preferred equity in our Operating Partnership	0	(59,469,500)	0
Distributions paid to preferred unitholders in our Operating Partnership	0	(4,909,305)	(33,306)
Distributions paid to noncontrolling interests in our Operating Partnership	(12,003)	(12,001)	(7,332)
Net cash provided by financing activities	498,943,670	163,690,908	20,353,246
Impact of foreign exchange rate changes on cash	(171,642)	0	0
Change in cash and cash equivalents	(13,110,601)	21,573,318	6,330,152
Cash and cash equivalents, beginning of period	28,104,470	6,531,152	201,000
Cash and cash equivalents, end of period	14,993,869	28,104,470	6,531,152
Supplemental disclosures and non-cash transactions:
Cash paid for interest	6,597,500	2,807,997	116,920
Interest Capitalized	72,588	0	0
Supplemental disclosure of noncash activities:
Deposit applied to the purchase of real estate facilities	2,066,260	4,444,491	0
Proceeds from issuance of common stock in other assets	1,567,461	2,346,306	59,800
Disposal of site improvements	0	273,963	0
Transfer from intangibles to real estate facilities to finalize purchase price allocations	45,785	958,000	0
Additions to real estate and construction in process included in accounts payable and accrued liabilities	836,664	369,903	0
Offering costs included in due to affiliates	3,171,727	160,512	1,811,795
Debt issuance costs included in due to affiliates	0	0	441,873
Offering costs included in accounts payable and accrued liabilities	38,511	45,275	9,472
Redemption of common stock	245,330	9,820	0
Foreign currency contract and interest rate swap contract gain included in accounts payable and accrued liabilities	786,229	0	0
Issuance of shares pursuant to distribution reinvestment plan	10,791,747	1,177,289	73,514
Distributions payable	2,608,609	986,886	80,424
Preferred equity issuance cost	0	0	1,517,119
Secured debt assumed during the purchase of real estate	80,519,761	0	12,618,694
Other assets included in due to affiliates	0	0	461,492
Debt issuance costs included in accounts payable and accrued liabilities	94,000	104,171	74,690
Distributions payable to preferred unitholders in our Operating Partnership	$ 0	$ 0	$ 84,166

Organization

Organization	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Organization	Note 1. Organization Strategic Storage Trust II, Inc., a Maryland corporation (the “Company”), was formed on January 8, 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 Strategic Storage Holdings, LLC, a Delaware limited liability company (“SSH”), was the sponsor of our 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. SmartStop also acquired SSH’s sole membership interest in SmartStop Asset Management, LLC (formerly Strategic Storage Realty Group, LLC), which owns 97.5% of the economic interests (and 100% of the voting membership interests) of Strategic Storage Advisor II, LLC (our “Advisor”) and owns 100% of Strategic Storage Property Management II, 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 and Chief Executive Officer, 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 January 8, 2013. Our Advisor is responsible for managing our affairs on a day-to-day On August 2, 2013, our Advisor purchased 100 shares of our common stock for $1,000 and became our initial stockholder. Our Articles of Amendment and Restatement, as amended, authorized 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. We offered a maximum of $1.0 billion in common shares for sale to the public (the “Primary Offering”) and $95.0 million in common shares for sale pursuant to our distribution reinvestment plan (collectively, the “Offering”). On January 10, 2014, the Securities and Exchange Commission (“SEC”) declared our registration statement effective. On May 23, 2014, we satisfied the $1.5 million minimum offering requirements of our Offering and commenced formal operations. On September 28, 2015, we revised our Primary Offering to offer two classes of shares of common stock: Class A Shares and Class T Shares. On January 9, 2017, our Primary Offering terminated. In preparation for the termination of our Primary Offering, on November 30, 2016, we filed with the SEC a Registration Statement on Form S-3, On April 8, 2016, our board of directors, upon recommendation of its nominating and corporate governance committee, approved an estimated value per share of our common stock of $10.09 for our Class A Shares and Class T Shares based on the estimated value of our assets less the estimated value of our liabilities, or net asset value, divided by the number of shares outstanding on a fully diluted basis, calculated as of December 31, 2015. See Item 5, Market Information, for a description of the methodologies and assumptions used to determine, and the limitations of, the estimated value per share. As a result of the calculation of our estimated value per share, effective on April 14, 2016, the offering price of Class A Shares increased from $10.00 per share to $11.21 per share and the offering price of Class T Shares increased from $9.47 per share to $10.62 per share. Our board of directors determined the new per share offering price of each class of stock by taking the $10.09 estimated value per share and adding the per share up-front Our operating partnership, Strategic Storage Operating Partnership II, L.P., a Delaware limited partnership (our “Operating Partnership”), was formed on January 9, 2013. During 2013, our Advisor purchased limited partnership interests in our Operating Partnership for $200,000 and on August 2, 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, 2016, we owned approximately 99.96% of the common units of limited partnership interests of our Operating Partnership. The remaining approximately 0.04% of the common units are owned by our Advisor. Our Operating Partnership had issued approximately 2.4 million Series A Cumulative Redeemable Preferred Units (the “Preferred Units”) to SSTI Preferred Investor, LLC (the “Preferred Investor”), a wholly-owned subsidiary of SmartStop Self Storage Operating Partnership, L.P., the former operating partnership of SmartStop, in exchange for an investment in our Operating Partnership of approximately $59.5 million. Such Preferred Units were owned by Extra Space subsequent to the Merger. As of December 31, 2015, we had redeemed all of the Preferred Units. 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 through our taxable REIT subsidiary, Strategic Storage TRS II, Inc., a Delaware corporation (the “TRS”), which is a wholly-owned subsidiary of our Operating Partnership. Our Property Manager was formed on January 8, 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 sub-property sub-property ® re-branded ® Our dealer manager was Select Capital Corporation, a California corporation (our “Dealer Manager”). Our Dealer Manager was responsible for marketing our shares offered pursuant to our Primary Offering. Our president owned, through a wholly-owned limited liability company, a 15% non-voting non-voting non-voting non-voting 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 our Operating Partnership’s limited partnership agreement (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, 2016
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. In February 2015, the FASB issued ASU 2015-02, ASU 2015-02 As of December 31, 2016 and 2015, we had not entered into other contracts/interests that would be deemed to be variable interests in VIEs. 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 sheets. The noncontrolling interest shall be attributed its share of income and losses, even if that attribution results in a deficit noncontrolling interest balance. Use of Estimates The preparation of the consolidated financial statements in conformity with GAAP 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. Restricted Cash Restricted cash consists primarily of impound reserve accounts for property taxes, insurance and capital improvements in connection with the requirements of certain of our loan agreements. 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 in-place, in-place 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 consolidated 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 consolidated financial statements. We will recognize any measurement adjustments during the period in which we determine the amount of the adjustment to our consolidated financial statements, potentially including adjustments to interest, depreciation and amortization expense. Evaluation of Possible Impairment of Long-Lived Assets Management monitors 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. For the years ended December 31, 2016, 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. 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 based on relative fair value as of the date of acquisition. 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 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 in-place in-place in-place in-place in-place The total estimated amortization expense of intangible assets for the years ending December 31, 2017, 2018, 2019, 2020, and 2021 is approximately $11.7 million, $1.2 million, $13,000, $13,000, and $13,000, respectively. Debt Issuance Costs The net carrying value of costs incurred in connection with our revolving credit facility are presented as debt issuance costs on our consolidated balance sheets. Debt issuance costs are 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, 2016 and 2015, accumulated amortization of debt issuance costs related to our revolving credit facility totaled approximately $0.7 million and $20,000, respectively. The net carrying value of costs incurred in connection with obtaining non revolving debt are presented on the balance sheet as a deduction from secured debt (see Note 5). Debt issuance costs are 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, 2016 and 2015, accumulated amortization of debt issuance costs related to non revolving debt totaled approximately $0.2 million and $30,000, 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, dealer manager fees and stockholder servicing 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 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. Subsequent to the termination of our Primary Offering on January 9, 2017, we determined that organization and offering costs did not exceed 3.5% of the gross proceeds from the Primary Offering. Offering costs are recorded as an offset to additional paid-in The Company pays our Dealer Manager 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), which calculation shall be made by us with the assistance of our Dealer Manager commencing after the termination of the Primary Offering; (iii) the fifth anniversary of the last day of the fiscal quarter in which our Primary Offering (i.e., excluding our distribution reinvestment plan offering) terminates; and (iv) the date that such Class T Share is redeemed or is no longer outstanding. Upon sale of our shares by such broker-dealers, our Dealer Manager re-allows re-allow non-accountable Foreign Currency Translation For non-U.S. 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 sheets. 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. For the year ended December 31, 2016 we received redemption requests totaling approximately $1.3 million (approximately 138,000 shares), approximately $1.1 million of which was fulfilled during year ended December 31, 2016, with the remaining approximately $0.2 million included in accounts payable and accrued liabilities as of December 31, 2016 and fulfilled in January 2017. For the year ended December 31, 2015 we received redemption requests totaling approximately $27,000, (approximately 2,850 shares), approximately $17,000 of which was fulfilled in July 2015, with the remaining approximately $10,000 fulfilled in January 2016. 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 Under GAAP, the Company is required to measure certain financial instruments at fair value on a recurring basis. In addition, the Company is required to measure other financial instruments and balances at fair value on a non-recurring • 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 Financial and non-financial non-recurring 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 their relatively short-term nature. The table below summarizes our fixed rate notes payable at December 31, 2016 and 2015. The estimated fair value of financial instruments is subjective in nature and is dependent on a number of important assumptions, including discount rates and relevant comparable market information associated with each financial instrument. The fair values of the fixed rate notes payable were estimated by discounting the future cash flows using the current rates at which similar loans would be made to borrowers with similar credit ratings and for the same remaining maturities. The use of different market assumptions and estimation methodologies may have a material effect on the reported estimated fair value amounts. Accordingly, the estimates presented below are not necessarily indicative of the amounts we would realize in a current market exchange. December 31, 2016 December 31, 2015 Fair Value Carrying Value Fair Value Carrying Value Fixed Rate Secured Debt $ 158,700,000 $ 166,410,537 $ 13,300,000 $ 13,237,237 As of December 31, 2016, we had an interest rate swap on one of our loans (See Note 5). The valuation of this instrument was determined using widely accepted valuation techniques including discounted cash flow analysis on the expected cash flows of the derivative. The analysis reflected the contractual terms of the derivative, including the period to maturity, and used observable market-based inputs, including interest rate curves and implied volatilities. The fair value of the interest rate swap was determined using the market standard methodology of netting the discounted future fixed cash payments and the discounted expected variable cash payments. The variable cash payments were based on an expectation of future interest rates (forward curves) derived from observable market interest rate curves. 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 non-performance Derivative Instruments and Hedging Activities We record all derivatives on our balance sheet at fair value. The accounting for changes in the fair value of derivatives depends on the intended use of the derivative, whether we have elected to designate a derivative in a hedging relationship and apply hedge accounting and whether the hedging relationship has satisfied the criteria necessary to apply hedge accounting. Derivatives designated and qualifying as a hedge of the exposure to changes in the fair value of an asset, liability, or firm commitment attributable to a particular risk, such as interest rate risk, are considered fair value hedges. Derivatives designated and qualifying as a hedge of the exposure to variability in expected future cash flows, or other types of forecasted transactions, are considered cash flow hedges. Derivatives may also be designated as hedges of the foreign currency exposure of a net investment in a foreign operation. For derivatives designated as net investment hedges, the effective portion of changes in the fair value of the derivatives are reported in accumulated other comprehensive income. The ineffective portion of the change in fair value of the derivatives are recognized directly in earnings. Amounts are reclassified out of other comprehensive income into earnings when the hedged net investment is either sold or substantially liquidated. As of December 31, 2016, all of our derivative instruments met the criteria for hedge accounting. Interest Rate Swap In connection with the loan we assumed with the purchase of the properties we acquired in Oakland and Concord, California, we also assumed an interest rate swap with USAmeriBank that fixes the interest rate at 3.95% through the loan maturity on April 10, 2023. In conjunction with our purchase price allocation, the interest rate swap was valued at approximately $760,000 and recorded as a liability within accounts payable and accrued liabilities. We have designated the interest rate swap as a cash flow hedge and changes in the fair value of the hedge subsequent to acquisition are reported in other comprehensive income. From the date of acquisition through December 31, 2016, the interest rate swap’s liability has decreased approximately $700,000. The characteristics of this financial instrument, market data, and other comparative metrics utilized in determining this fair value are “Level 2” inputs as the term is defined in the accounting standard for fair value measurement. Foreign Currency Forward During the first quarter of 2016, we entered into a foreign currency forward contract in order to hedge foreign currency exposure related to our investment in subsidiaries that hold properties we acquired in Canada. A foreign currency forward contract is a commitment to deliver a certain amount of currency at a certain price on a specific date in the future. By entering into the forward contract and holding it to maturity, we are locked into a future currency exchange rate in an amount equal to and for the term of the forward contract. We have designated the foreign currency forward as a net investment hedge and changes in the fair value of the derivative are reported in other comprehensive income. The forward contract has a notional amount of $42.5 million CAD, a duration of 12 months, and a forward rate of approximately 1.339. As of December 31, 2016, the forward contract has a fair market value representing an asset of approximately $0.1 million USD which is recorded in the accompanying consolidated balance sheets. The characteristics of this financial instrument, market data, and other comparative metrics utilized in determining this fair value are “Level 2” inputs as the term is defined in the accounting standard for fair value measurement. See Note 11 for settlement of the forward contract. 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 qualify as a REIT, we must continue to meet certain organizational and operational requirements, including a requirement to distribute at least 90% of the REIT’s ordinary taxable income to stockholders (which is computed without regard to the dividends paid deduction or net capital gains and which does not necessarily equal net income as calculated in accordance with GAAP). 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 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 Per Share Data Basic earnings per share attributable to our common stockholders for all periods presented are computed by dividing net income (loss) attributable to our common stockholders by the weighted average number of shares outstanding during the period, excluding unvested restricted stock. Diluted earnings per share is computed by including the dilutive effect of unvested restricted stock, utilizing the treasury stock method. For all periods presented the dilutive effect of unrestricted stock was not included in the diluted weighted average shares as such shares were antidilutive. Recently Issued Accounting Guidance In May 2014, the FASB issued ASU 2014-09 ASU 2014-09 ASU 2014-09 In February 2015, the FASB issued ASU 2015-02, ASU 2015-02 In April 2015, the FASB issued ASU 2015-03, (Subtopic 835-30): ASU 2015-03 ASU 2015-03 line-of-credit ASU 2015-15, (Subtopic 835-30), Line-of-Credit No. 2015-03 line-of-credit line-of-credit ASU 2015-03 ASU 2015-15 In September 2015, the FASB issued ASU 2015-16, 2015-16 2015-16 2015-16 is In January 2016, the FASB issued ASU 2016-01, 825-10): 2016-01 2016-01 2016-01 2016-01 2016-01 is In February 2016, the FASB issued ASU 2016-02, 2016-02 ASU 2016-02, right-of-use ASU 2016-02, ASU 2016-02 ASU 2016-02 In August 2016, the FASB issued ASU 2016-15, ASU 2016-15 In November 2016, the FASB issued ASU No. 2016-18, 2016-18 beginning-of-period end-of-period 2016-18 2016-18 In January 2017, the FASB issued ASU 2017-01, 2017-01 in-substance 2017-01.

Real Estate Facilities

Real Estate Facilities	12 Months Ended
	Dec. 31, 2016
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, 2016 and 2015: Real estate facilities Balance at December 31, 2014 $ 20,857,880 Facility acquisitions 132,546,249 Finalized purchase price allocations related to 2014 acquisitions 958,000 Improvements and additions 2,156,384 Asset disposals (273,963 ) Balance at December 31, 2015 156,244,550 Facility acquisitions 563,278,685 Impact of foreign exchange rate changes 1,406,663 Finalized purchase price allocations related to 2015 acquisitions (45,785 ) Improvements and additions 6,571,620 Balance at December 31, 2016 $ 727,455,733 Accumulated depreciation Balance at December 31, 2014 $ (93,433 ) Depreciation expense (3,936,239 ) Asset disposals 273,963 Balance at December 31, 2015 (3,755,709 ) Depreciation expense and impact of foreign exchange rate changes (11,099,479 ) Balance at December 31, 2016 $ (14,855,188 ) The following table summarizes the purchase price allocation for our acquisitions during the year ended December 31, 2016: Property Acquisition Real Estate Intangibles Total Debt Issued or 2016 (1) 2016 (2) Boynton Beach – FL 1/7/16 $ 17,216,308 $ 683,692 $ 17,900,000 $ — $ 1,380,868 831,069 Lancaster II – CA 1/11/16 4,381,816 268,184 4,650,000 — 633,864 367,208 Milton – ON (CAN) (3) 2/11/16 9,382,679 435,162 9,817,841 4,820,717 801,638 462,423 Burlington I – ON (CAN) (3) 2/11/16 13,572,128 617,940 14,190,068 6,917,253 894,067 489,001 Oakville I – ON (CAN) (3) 2/11/16 15,727,673 — 15,727,673 7,243,413 192,250 (138,177 ) Oakville II – ON (CAN) (3) 2/29/16 12,329,590 584,295 12,913,885 7,392,762 873,172 547,559 Burlington II – ON (CAN) (3) 2/29/16 8,069,874 383,109 8,452,983 4,962,733 639,781 385,012 Xenia – OH 4/20/16 2,940,185 207,622 3,147,807 — 320,574 186,670 Sidney – OH 4/20/16 2,061,595 140,896 2,202,491 — 239,177 107,612 Troy – OH 4/20/16 2,746,676 176,984 2,923,660 — 323,562 183,352 Greenville – OH 4/20/16 1,992,064 132,462 2,124,526 — 232,716 113,902 Washington Court House – OH 4/20/16 2,137,658 172,033 2,309,691 — 267,877 146,595 Richmond – IN 4/20/16 3,167,538 194,671 3,362,209 — 334,750 170,187 Connersville – IN 4/20/16 1,807,824 121,792 1,929,616 — 224,183 101,140 Port St. Lucie I – FL 4/29/16 8,929,360 370,640 9,300,000 — 520,274 248,884 Sacramento – CA 5/09/16 7,821,975 328,025 8,150,000 — 485,624 209,183 Oakland – CA 5/18/16 12,613,636 501,197 13,114,833 5,315,948 759,385 412,947 Concord – CA 5/18/16 36,292,871 1,202,494 37,495,365 14,684,052 1,680,111 1,102,628 Pompano Beach – FL 6/1/16 20,603,718 682,764 21,286,482 13,714,676 813,850 497,015 Lake Worth – FL 6/1/16 22,912,381 672,074 23,584,455 11,089,560 850,056 551,889 Jupiter – FL 6/1/16 26,586,715 847,852 27,434,567 12,469,383 1,027,609 699,721 Royal Palm Beach – FL 6/1/16 24,700,716 839,031 25,539,747 12,097,235 932,729 599,065 Port St. Lucie II – FL 6/1/16 13,541,095 518,868 14,059,963 7,280,380 609,242 311,291 Wellington – FL 6/1/16 21,896,312 781,048 22,677,360 10,644,805 840,932 540,030 Doral – FL 6/1/16 22,820,702 773,831 23,594,533 12,081,860 845,835 522,374 Plantation – FL 6/1/16 32,213,998 1,036,052 33,250,050 15,624,241 1,190,931 806,283 Naples – FL 6/1/16 24,560,390 737,465 25,297,855 13,504,110 858,655 621,830 Delray – FL 6/1/16 30,080,319 992,704 31,073,023 11,160,313 1,139,020 775,964 Baltimore – MD 6/1/16 26,325,715 776,250 27,101,965 15,333,437 987,789 665,997 Sonoma – CA 6/14/16 7,148,092 276,908 7,425,000 — 329,208 174,641 Las Vegas I – NV 7/28/16 13,509,112 425,888 13,935,000 — 434,740 292,195 Las Vegas II – NV 9/23/16 13,757,025 442,975 14,200,000 — 261,704 163,354 Las Vegas III – NV 9/27/16 8,904,522 345,478 9,250,000 — 218,952 136,518 Asheville I – NC 12/30/16 14,793,279 450,775 15,244,054 7,143,593 5,600 (1,852 ) Asheville II – NC 12/30/16 4,872,280 206,656 5,078,936 3,250,087 2,649 (3,431 ) Hendersonville I – NC 12/30/16 4,522,751 163,926 4,686,677 2,243,715 1,900 (3,370 ) Asheville III – NC 12/30/16 9,716,847 351,277 10,068,124 4,677,156 3,677 (2,616 ) Arden – NC 12/30/16 12,055,859 443,676 12,499,535 6,557,917 4,599 (1,696 ) Asheville IV – NC 12/30/16 9,013,256 317,301 9,330,557 4,413,190 3,275 (6,621 ) Asheville V – NC 12/30/16 10,241,097 350,841 10,591,938 5,073,106 3,976 (2,710 ) Asheville VI – NC 12/30/16 6,427,572 275,104 6,702,676 3,489,307 2,995 (3,162 ) Asheville VII – NC 12/30/16 2,922,248 142,357 3,064,605 1,592,048 1,460 (4,284 ) Asheville VIII – NC 12/30/16 7,927,820 312,430 8,240,250 4,536,924 3,685 (2,375 ) Hendersonville II – NC 12/30/16 7,634,934 249,233 7,884,167 4,272,956 3,043 (2,611 ) Sweeten Creek Land – NC 12/30/16 348,480 — 348,480 — — — Highland Center Land – NC 12/30/16 50,000 — 50,000 — — — 2016 Total $ 563,278,685 $ 19,933,962 $ 583,212,647 $ 233,586,877 $ 22,181,984 $ 13,250,634 (1) The operating results of the facilities acquired above have been included in our consolidated 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) Allocation based on CAD/USD exchange rates as of date of acquisition. Certain purchase price allocations included 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 the purchase price allocations within one year of their acquisition date, as further evaluations are completed and additional information is received from third parties. The following table summarizes our purchase price allocation for our acquisitions during the year ended December 31, 2015: Property Acquisition Real Estate Intangibles Total Debt Issued or Assumed 2015 (1) 2015 (2) La Verne - 1/23/2015 $ 3,986,875 $ 180,000 $ 4,166,875 $ 2,370,000 $ 705,564 $ 444,668 Chico - 1/23/2015 1,736,875 90,000 1,826,875 1,230,000 553,611 313,050 Riverside - 1/23/2015 2,696,875 110,000 2,806,875 1,740,000 862,574 482,506 Fairfield - 1/23/2015 3,676,875 250,000 3,926,875 2,250,000 621,060 366,104 Littleton - 1/23/2015 4,136,875 210,000 4,346,875 2,310,000 568,008 354,357 Crestwood - 1/23/2015 2,346,875 140,000 2,486,875 1,650,000 489,340 246,268 Forestville - 1/23/2015 6,286,875 410,000 6,696,875 3,870,000 1,033,216 716,896 Upland - 1/29/2015 5,966,875 310,000 6,276,875 3,540,000 310,001 134,707 Lancaster - 1/29/2015 1,716,875 90,000 1,806,875 1,140,000 411,394 174,715 Santa Rosa - 1/29/2015 9,866,875 600,000 10,466,875 5,760,000 475,487 258,042 Vallejo - 1/29/2015 4,936,875 350,000 5,286,875 3,360,000 511,791 293,887 Federal Heights - 1/29/2015 4,446,875 300,000 4,746,875 2,550,000 557,445 348,501 Santa Ana - 2/5/2015 8,896,875 380,000 9,276,875 4,350,000 1,149,866 714,694 La Habra - 2/5/2015 4,416,875 190,000 4,606,875 2,340,000 667,218 428,452 Monterey Park - 2/5/2015 4,236,875 190,000 4,426,875 2,340,000 482,731 251,907 Huntington Beach - 2/5/2015 10,316,875 560,000 10,876,875 5,760,000 841,183 550,143 Lompoc - 2/5/2015 3,746,875 290,000 4,036,875 2,460,000 508,933 248,116 Aurora - 2/5/2015 6,716,875 620,000 7,336,875 4,140,000 503,657 281,333 Everett - 2/5/2015 4,966,875 230,000 5,196,875 2,190,000 476,990 196,759 Whittier - 2/19/2015 5,646,875 270,000 5,916,875 3,330,000 623,323 333,470 Bloomingdale - 2/19/2015 4,666,874 330,000 4,996,874 2,520,000 323,982 160,580 Warren I - 5/8/2015 3,196,875 240,000 3,436,875 1,620,000 328,826 187,575 Warren II - 5/8/2015 3,306,875 330,000 3,636,875 2,040,000 480,171 311,680 Troy - 5/8/2015 4,416,875 400,000 4,816,875 2,880,000 343,136 190,639 Sterling Heights - 5/21/2015 3,536,875 320,000 3,856,875 2,190,000 251,168 114,146 Beverly - 5/28/2015 2,096,875 80,000 2,176,875 1,365,000 451,703 229,891 Foley - 9/11/2015 7,556,000 409,000 7,965,000 — 290,184 171,265 Tampa - 11/3/2015 2,975,715 186,785 3,162,500 — 61,468 14,446 2015 Total $ 132,500,464 $ 8,065,785 $ 140,566,249 $ 71,295,000 $ 14,884,030 $ 8,518,797 (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. We incurred acquisition fees to our Advisor related to the above properties of approximately $10.2 million and $2.5 million for the years ended December 31, 2016 and 2015, respectively. During 2015 we completed the purchase price allocations for our five properties acquired in 2014 and recognized the adjustments during the fourth quarter measurement period in 2015. These adjustments had the aggregate impact of increasing our allocation to land by approximately $1.2 million and site improvements by approximately $140,000, with reductions to buildings and intangible assets of approximately $380,000 and $960,000 respectively. The impact of such reclassifications was that we recognized measurement period adjustments during the fourth quarter of 2015 to our consolidated statement of operations, which had the net impact of an increase to depreciation expense of approximately $2,000 and a decrease to intangible amortization expense of approximately $180,000. During 2015, we also completed the purchase price allocation for the properties acquired during the first and second quarters of 2015 and recognized adjustments during the fourth quarter measurement period, which had the aggregate impact of increasing our allocation to land by approximately $1.2 million, building by approximately $4.2 million, and site improvements by approximately $0.7 million, with reductions to intangible assets of approximately $6.1 million. The impact of such reclassifications was that we recognized measurement period adjustments during the fourth quarter of 2015 to our consolidated statement of operations, which had the net impact of an increase to depreciation expense of approximately $130,000 and a decrease to intangible amortization expense of approximately $450,000. During 2016 we completed the purchase price allocations for our Foley, AL and Tampa, FL properties acquired in 2015 and recognized the adjustments during the third and fourth quarter of 2016 respectively. These adjustments had the aggregate impact of decreasing our allocation to land by approximately $300,000, with increases to site improvements, buildings, and intangible assets of approximately $100,000, $100,000 and $50,000 respectively. The impact of such reclassifications was that we recognized measurement period adjustments during the third and fourth quarters of 2016 to our consolidated statement of operations. This had the net impact of an increase to amortization expense of approximately $30,000 and an increase to depreciation expense of approximately $5,000 during the third quarter of 2016, and a decrease of approximately $10,000 to amortization expense and an increase to depreciation expense of $10,000 during the fourth quarter of 2016. During 2016, we also completed the purchase price allocation for the properties acquired during the first, second, and third quarters of 2016 and recognized adjustments during the fourth quarter measurement period, which had the aggregate impact of increasing our allocation to building by approximately $2.1 million, and decreasing land, site improvements, and intangible assets by approximately $0.6 million, $1.1 million, and $0.4 million respectively. The impact of such reclassifications was that we recognized measurement period adjustments during the fourth quarter of 2016 to our consolidated statement of operations, which had the net impact of a decrease to depreciation expense of approximately $40,000 and a decrease to intangible amortization expense of approximately $300,000.

Pro Forma Financial Information

Pro Forma Financial Information (Unaudited)	12 Months Ended
	Dec. 31, 2016
Text Block [Abstract]
Pro Forma Financial Information (Unaudited)	Note 4. 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, 2016 and 2015 as if the Company’s acquisitions discussed in Note 3 were completed as of January 1, 2015. 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 Year Ended Pro forma revenue $ 64,449,988 $ 60,935,092 Pro forma operating expenses $ (60,171,072) $ (68,720,237) Pro forma net loss attributable to common stockholders $ (10,170,334) $ (28,318,064) The pro forma financial information for the years ended December 31, 2016 and 2015 were adjusted to exclude approximately $13.5 million and $3.4 million, respectively, for acquisition related expenses.

Debt

Debt	12 Months Ended
	Dec. 31, 2016
Debt Disclosure [Abstract]
Debt	Note 5. Debt The Company’s debt is summarized as follows: Encumbered Property December 31, December 31, Interest Maturity Raleigh/Myrtle Beach promissory note (1) $ 12,263,391 $ 12,437,841 5.73 % 9/1/2023 Amended KeyBank Credit Facility (2) 12,300,000 10,000,000 2.87 % 12/22/2018 Milton fixed rate (3) 4,956,483 — 5.81 % 10/15/2018 Burlington I fixed rate (3) 4,870,817 — 5.98 % 10/15/2018 Burlington I variable rate (3) 2,242,880 — 4.88 % 10/15/2018 Oakville I variable rate (3) 7,486,937 — 4.45 % 12/31/2017 Burlington II and Oakville II variable rate (3) 12,232,378 — 3.38 % 2/28/2021 Oakland and Concord loan (4) 20,000,000 — 3.95 % 4/10/2023 Amended KeyBank Property Loan (5) 92,753,550 — 2.87 % 3/31/2017 KeyBank CMBS Loan (6) 95,000,000 — 3.89 % 8/1/2026 Midland North Carolina CMBS Loan (7) 47,249,999 — 5.31 % 8/1/2024 Premium on secured debt, net 2,069,847 799,396 Debt issuance costs, net (2,605,542 ) (207,462 ) Total secured debt 310,820,740 23,029,775 Amended KeyBank Subordinate Loan (8) 10,000,000 — 6.25 % 3/31/2017 Total debt $ 320,820,740 $ 23,029,775 (1) Fixed rate debt with principal and interest payments due monthly. This promissory note is encumbered by five properties, Morrisville, Cary, Raleigh, Myrtle Beach I, and Myrtle Beach II. (2) As of December 31, 2016, this facility encumbers fifteen properties (Xenia, Sidney, Troy, Greenville, Washington Court House, Richmond, Connersville, Vallejo, Port St. Lucie I, Sacramento, Sonoma, Las Vegas I, Las Vegas II, Las Vegas III, and Baltimore). (3) Canadian Dollar denominated loans. Variable rate loans are based on Canadian Prime, or the Canadian Dealer Offered Rate (“CDOR”). (4) This loan was assumed during the acquisition of the Oakland and Concord properties, along with an interest rate swap with USAmeriBank that fixes the interest rate at 3.95%. (5) As of December 31, 2016 this loan encumbers 10 properties (Pompano Beach, Lake Worth, Jupiter, Royal Palm Beach, Port St. Lucie II, Wellington, Doral, Plantation, Naples, and Delray). (6) This loan is encumbered by 29 properties (Whittier, La Verne, Santa Ana, Upland, La Habra, Monterey Park, Huntington Beach, Chico, Lancaster I, Riverside, Fairfield, Lompoc, Santa Rosa, Federal Heights, Aurora, Littleton, Bloomingdale, Crestwood, Forestville, Warren I, Sterling Heights, Troy, Warren II, Beverly, Everett, Foley, Tampa, Boynton Beach, and Lancaster II). The separate assets and credit of these encumbered properties are not available to pay our other debts. (7) This loan encumbers 11 self storage properties (Asheville I, Arden, Asheville II, Hendersonville I, Asheville III, Asheville IV, Asheville V, Asheville VI, Asheville VII, Asheville VIII, and Hendersonville II) with monthly interest only payments until September, 2019, at which time both interest and principal payments will be due monthly. (8) The Amended KeyBank Subordinate Loan is unsecured. As of December 31, 2016, we provided recourse guarantees totaling approximately $38.6 million in connection with certain of our loans. We are subject to certain restrictive covenants relating to the outstanding debt. Amended KeyBank Credit Facility On December 22, 2015, we, through our Operating Partnership, and certain affiliated entities, entered into an amended and restated revolving credit facility (the “Amended KeyBank Credit Facility”) with KeyBank National Association (“KeyBank”), as administrative agent and KeyBanc Capital Markets, LLC, as the sole book runner and sole lead arranger, and Texas Capital Bank, N.A., and Comerica Bank as co-lenders. Under the terms of the Amended KeyBank Credit Facility, we initially had a maximum borrowing capacity of $105 million. It is anticipated that the Amended KeyBank Credit Facility will be used to fund our future self storage property acquisitions. The Amended KeyBank Credit Facility may be increased to a maximum credit facility size of $500 million, in minimum increments of $10 million, which KeyBank will arrange on a best efforts basis. On February 18, 2016, we entered into a first amendment and joinder to the amended and restated credit agreement (the “First Amendment”) with KeyBank. Under the terms of the First Amendment, we added an additional $40 million to our maximum borrowing capacity for a total of $145 million with the admission of US Bank National Association (the “Subsequent Lender”). It is anticipated that the additional borrowing capacity will be used to fund our future self storage property acquisitions. The Subsequent Lender also became a party to the Amended KeyBank Credit Facility through a joinder agreement in the First Amendment. As of December 31, 2016 we had $12.3 million in borrowings outstanding under the Amended KeyBank Credit Facility. Subsequent to year end, we added properties to and drew on the Amended KeyBank Credit Facility (see Note 11). The Amended KeyBank Credit Facility is a revolving loan with an initial term of three years, maturing on December 22, 2018, with two one-year 30-year The Amended KeyBank Credit Facility is fully recourse and is secured by cross-collateralized first mortgage liens on the mortgaged properties. The Amended KeyBank Credit Facility may be prepaid or terminated at any time without penalty, provided, however, that the Lenders (as defined in the Amended Credit Agreement) shall be indemnified for any breakage costs. Pursuant to that certain guaranty (the “KeyBank Guaranty”), dated December 22, 2015, in favor of the Lenders, we serve as a guarantor of all obligations due under the Amended KeyBank Credit Facility. Under certain conditions, the Borrower may cause the release of one or more of the properties serving as collateral for the Amended KeyBank Credit Facility, provided that no default or event of default is then outstanding or would reasonably occur as a result of such release, and after taking into account any prepayment of outstanding Loans (as defined in the Amended Credit Agreement) necessary to maintain compliance with the financial covenants. The Amended KeyBank Credit Facility contains a number of other customary terms and covenants, including the following (capitalized terms are as defined in the Amended Credit Agreement): the aggregate borrowing base availability under the Amended KeyBank Facility is limited to the lesser of: (1) 60% 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 at any time to be less than the Base Amount plus 80% of Net Equity Proceeds received after the Effective Date; (3) an Interest Coverage Ratio of no less than 1.85 to 1.0; (4) a Fixed Charge Ratio of no less than 1.6 to 1.0; (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 60%; and (7) a Debt Service Coverage Ratio of not less than 1.35 to 1.0. On December 30, 2016, our Operating Partnership purchased an interest rate swap with a notional amount of $100 million, such that in no event will the interest rate on our LIBOR based debt exceed 3.75% thereon through July 3, 2017. The Amended KeyBank Property Loan On March 25, 2016, one of our subsidiaries executed purchase and sale agreements with unaffiliated third parties for the acquisition of 22 self storage facilities (10 in Florida, 11 in North Carolina, and one in Maryland), two parcels of land adjacent to the North Carolina properties and one redevelopment property in North Carolina, which was subsequently assigned to Strategic Storage Growth Trust, Inc., (the “27 Property Portfolio”). On June 1, 2016 we closed on 11 self storage facilities in Florida and Maryland for approximately $275 million representing the first phase (“First Phase”) of the 27 Property Portfolio. On June 1, 2016, we, through certain affiliated entities (collectively, the “Borrower”) entered into a credit agreement (the “Property Loan Agreement”) for a secured loan in the amount of $105 million (the “KeyBank Property Loan”) with KeyBank, as administrative agent, KeyBanc Capital Markets, LLC, as the sole book runner and sole lead arranger, and the lenders party thereto. The Borrower borrowed $105 million in connection with the purchase of the properties in the First Phase of the 27 Property Portfolio. The KeyBank Property Loan is a term loan facility with an original maturity date of December 31, 2016. On December 29, 2016, we entered into a First Amendment to the Credit Agreement (the “First Amendment to the KeyBank Property Loan”) in connection with the KeyBank Property Loan. Prior to the First Amendment to the KeyBank Property Loan, one of the properties held as collateral was removed and added to the Amended KeyBank Credit Facility and the KeyBank Property Loan was reduced to approximately $92.8 million. The First Amendment to the KeyBank Property Loan extended the maturity date of the loan (the “Amended KeyBank Property Loan”) from December 31, 2016 to March 31, 2017. We paid an extension fee in connection with such extension. On March 8, 2017 we removed five of the properties held as collateral (Plantation, Wellington, Naples, Port St. Lucie II, and Doral) under the Amended KeyBank Property Loan and added them to the Amended KeyBank Credit Facility. In conjunction with adding these five properties to the Amended KeyBank Credit Facility, we borrowed approximately $56 million on the Amended KeyBank Credit Facility which was used to pay down approximately $45.7 million of principal on the Amended KeyBank Property Loan and the remaining outstanding principal balance of $10 million on the Amended KeyBank Subordinate Loan. As a result, the outstanding balance on the Amended KeyBank Property Loan was reduced to approximately $47.1 million and the outstanding balance on the Amended KeyBank Credit Facility was increased to approximately $98.3 million. In order to repay the remaining outstanding balance on the Amended KeyBank Property Loan, we have the ability to move the remaining five properties (Pompano Beach, Lake Worth, Jupiter, Royal Palm Beach, and Delray) held as collateral to the Amended KeyBank Credit Facility which would increase its outstanding balance to $145 million. With the capacity on the Amended KeyBank Credit Facility and available cash, we have the ability to repay the amount outstanding on the Amended KeyBank Property Loan. However, we have entered into a term sheet with KeyBank for a 10 year fixed rate loan, the proceeds of which will be used to repay the remaining outstanding balance on the Amended KeyBank Property Loan. The remaining five properties currently held as collateral under the Amended KeyBank Property Loan will serve as collateral for the new fixed rate loan. On March 30, 2017 we entered into a Second Amendment to the Amended KeyBank Property Loan to extend the maturity date from March 31, 2017 to May 1, 2017 which will allow appropriate time for the new fixed rate loan agreement to be finalized. Payments due under the Amended KeyBank Property Loan are interest-only due on the first day of each month. The Amended KeyBank Property Loan bears interest based on the type of borrowing elected by the Borrower. An ABR Borrowing bears interest at the lesser of (x) the Alternate Base Rate (as defined in the Amended Property Loan Agreement) plus the Applicable Rate, or (y) the Maximum Rate (as defined in the Amended Property Loan Agreement). A Eurodollar Borrowing bears interest at the lesser of (a) the Adjusted LIBO Rate (as defined in the Amended Property Loan Agreement) for the Interest Period in effect plus the Applicable Rate, or (b) the Maximum Rate (as defined in the Amended Property Loan Agreement). The Applicable Rate means 225 basis points for any Eurodollar Borrowing and 125 basis points for any ABR Borrowing. The Borrower elected a Eurodollar Borrowing. The Borrower paid certain fees to the lenders in connection with the Amended KeyBank Property Loan. As of December 31, 2016, the Amended KeyBank Property Loan was fully recourse, jointly and severally, to us and the Borrower and was secured by cross-collateralized first mortgage liens on 10 Mortgaged Properties (as defined in the First Amendment to the Property Loan Agreement), which were the 10 Florida properties acquired in the First Phase of the 27 Property Portfolio. The Borrower may prepay the Amended KeyBank Property Loan at any time, without penalty, in whole or in part, with an exit fee payable under certain circumstances. Pursuant to that certain guaranty (the “Property Loan Guaranty”), dated June 1, 2016, in favor of the lenders, we serve as the guarantor of all obligations due under the Amended Property Loan Agreement. The Amended Property Loan Agreement contains a number of other customary terms and covenants, including the following (capitalized terms are as defined in the Amended Property Loan Agreement) financial tests the Borrower must maintain, on a consolidated basis in accordance with GAAP: (i) a Loan to Value Ratio of not greater than fifty five percent (55%); and (ii) a Pool Debt Yield of at least ten and one half percent (10.5%), tested in September 30, 2016 and as of the close of each fiscal quarter thereafter. Throughout the terms of the Amended Property Loan Agreement, we shall have and maintain, on a consolidated basis in accordance with GAAP, tested as of the close of each fiscal quarter: (i) a total Leverage Ratio no greater than sixty percent (60%); (ii) a Tangible Net Worth not at any time to be less than approximately $260 million, plus eighty-five percent (85%) of the Net Equity Proceeds received after the Effective Date; (iii) an Interest Coverage Ratio of not less than 1.85:1.00; (iv) a Fixed Charge Ratio of not less than 1.60:1.00; and (v) a ratio of 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 to the sum of the Indebtedness, not in excess of thirty percent (30%). The Amended KeyBank Subordinate Loan On June 1, 2016, in conjunction with the acquisition of the First Phase of the 27 Property Portfolio, we entered into a credit agreement (the “Subordinate Loan Agreement”) in which we borrowed $30 million (the “KeyBank Subordinate Loan”) with KeyBank, as administrative agent, KeyBanc Capital Markets, LLC, as the sole book runner and sole lead arranger, and the lenders party thereto. The KeyBank Subordinate Loan is a term loan facility with an original maturity date of December 31, 2016. During the third and fourth quarters of 2016, we made payments totaling $20 million on the KeyBank Subordinate Loan, reducing the loan amount to $10 million as of December 29, 2016. On December 29, 2016, we entered into a First Amendment to the Subordinate Loan Agreement (the “First Amendment to the Subordinate Loan”), which extended the maturity date of the Subordinate Loan Agreement (subsequently, the “Amended Subordinate Loan”) from December 31, 2016 to March 31, 2017. We paid an extension fee in connection with amended Subordinate Loan Agreement (“Amended Subordinate Loan Agreement”). On March 8, 2017 we repaid the outstanding balance of $10 million on the Amended Subordinate Loan through a draw on the Amended KeyBank Credit Facility (See Note 11). Payments due pursuant to the Amended KeyBank Subordinate Loan are interest-only due on the first day of each month. The Amended KeyBank Subordinate Loan bears interest based on the type of borrowing elected by us. An ABR Borrowing bears interest at the lesser of (x) the Alternate Base Rate (as defined in the Amended Subordinate Loan Agreement) plus the Applicable Rate, or (y) the Maximum Rate (as defined in the Amended Subordinate Loan Agreement). A Eurodollar Borrowing bears interest at the lesser of (a) the Adjusted LIBO Rate (as defined in the Amended Subordinate Loan Agreement) for the Interest Period in effect plus the Applicable Rate, or (b) the Maximum Rate (as defined in the Amended Subordinate Loan Agreement). The Applicable Rate means 563 basis points for any Eurodollar Borrowing and 463 basis points for any ABR Borrowing. We elected a Eurodollar Borrowing. We paid certain fees to the lenders in connection with the Amended KeyBank Subordinate Loan. The Amended KeyBank Subordinate Loan is non-recourse KeyBank CMBS Loan On July 28, 2016, we, through 29 special purpose entities wholly owned by our Operating Partnership, entered into a loan agreement with KeyBank in which we borrowed $95 million from KeyBank (the “KeyBank CMBS Loan”). Pursuant to the loan agreement, the collateral under the loan consists of our respective fee interests in 29 self storage properties (the “29 Mortgaged Properties”). The proceeds of the KeyBank CMBS Loan were primarily used to pay down our Amended KeyBank Credit Facility, after which the 29 Mortgaged Properties were released as collateral under the Amended KeyBank Credit Facility. The KeyBank CMBS Loan has an initial term of ten years, maturing on August 1, 2026. In connection with the KeyBank CMBS Loan, we entered into two promissory notes, dated July 28, 2016, in the amounts of $70 million and $25 million (the “Promissory Notes”). Monthly payments due under the Promissory Notes are interest-only for the first five years and payments reflecting a 30-year amortization The KeyBank CMBS Loan is secured by first mortgage liens or deeds of trusts on the 29 Mortgaged Properties, an assignment of all leases/rents, perfected first priority security interests in all personal property, escrows, reserves and a cash management account. In addition, we have provided a guaranty, dated July 28, 2016, in favor of KeyBank, in which we serves as a guarantor of all obligations due under the loan agreement. The KeyBank CMBS Loan may be repaid in whole or in part through a partial or full defeasance (releasing one or more of the 29 Mortgaged Properties from the liens) beginning two years after the Promissory Notes are securitized, which occurred in August, 2016 The following table presents the future principal payment requirements on outstanding debt as of December 31, 2016: 2017 $ 110,873,322 2018 25,138,980 2019 1,158,012 2020 1,612,418 2021 13,215,861 2022 and thereafter 169,357,842 Total payments 321,356,435 Premium on secured debt, net 2,069,847 Debt issuance costs, net (2,605,542 ) Total $ 320,820,740

Preferred Equity

Preferred Equity	12 Months Ended
	Dec. 31, 2016
Equity [Abstract]
Preferred Equity	Note 6. Preferred Equity Issuance of Preferred Units by our Operating Partnership On November 3, 2014, we and our Operating Partnership entered into a Series A Cumulative Redeemable Preferred Unit Purchase Agreement (the “Unit Purchase Agreement”) with the Preferred Investor, a wholly-owned subsidiary of SmartStop Self Storage Operating Partnership, L.P. Pursuant to the Unit Purchase Agreement, the Preferred Investor agreed to provide up to $65 million through a preferred equity investment in our Operating Partnership (the “Preferred Equity Investment”), to be used solely for investments in self storage properties, as described in the underlying documents, in exchange for up to 2.6 million 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 accumulated 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 Amendment No. 1 to the Second Amended and Restated Limited Partnership Agreement (the “Amendment”). The Second Amended and Restated Limited Partnership Agreement authorizes the issuance of additional classes of units of limited partnership interest in the Operating Partnership, establishes a new series of preferred units of limited partnership interest in the Operating Partnership and sets forth other necessary corresponding changes. All other terms of the Second Amended and Restated Limited Partnership Agreement remained substantially the same. The Amendment sets forth key terms of the Preferred Units, some of which are discussed below. In a number of transactions, the Preferred Investor invested a total of $59.5 million in our Operating Partnership and was issued approximately 2.4 million preferred units. As of December 31, 2015, we had redeemed all of the Preferred Units. The holders of the Preferred Units received current distributions (the “Current Distributions”) at a rate of a one-month

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2016
Related Party Transactions [Abstract]
Related Party Transactions	Note 7. 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 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 Offering may be paid by our Advisor on our behalf and will be reimbursed to our Advisor from the proceeds of our Offering. Organization and offering costs consist of all expenses (other than sales commissions, the dealer manager fees and stockholder servicing fees) paid by us in connection with the 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. Our Advisor must reimburse us within 60 days after the end of the month which the Offering terminates to the extent we paid or reimbursed organization and offering costs (excluding sales commissions, dealer manager fees, and stockholder servicing fees) in excess of 3.5% of the gross offering proceeds from the Primary Offering. Subsequent to the termination of our Primary Offering on January 9, 2017, we determined that organization and offering costs did not exceed 3.5% of the gross 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. As noted above, we are required under our Advisory Agreement to reimburse our Advisor for organization and offering costs. Our Advisory Agreement also requires our Advisor to reimburse us to the extent that offering expenses, including sales commissions, dealer manager fees, stockholder servicing fees and organization and offering expenses, are in excess of 15% of gross proceeds from the Offering. Subsequent to the termination of our Primary Offering on January 9, 2017, we determined offering expenses were not in excess of 15% of gross proceeds from the Offering. Our Advisor receives acquisition fees equal to 1.75% of the contract purchase price of each property we acquire plus reimbursement of any acquisition expenses incurred by our Advisor. Our Advisor also receives a monthly asset management fee equal to 0.05208%, which is one-twelfth Under our Advisory Agreement, our Advisor receives disposition fees in an amount equal to the lesser of (i) one-half Our Advisor is also entitled to various subordinated distributions pursuant to our Operating Partnership Agreement if we (1) list our shares of common stock on a national exchange, (2) terminate our Advisory Agreement (other than a voluntary termination), (3) liquidate our portfolio, or (4) enter into an Extraordinary Transaction, as defined in the Operating 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 acquired our first real estate asset, 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 Dealer Manager Agreement 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), which calculation shall be made by us with the assistance of our Dealer Manager commencing after the termination of the Primary Offering; (iii) the fifth anniversary of the last day of the fiscal quarter in which our Primary Offering (i.e., 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 re-allow non-accountable Affiliated Dealer Manager Our Chief Executive Officer owned, through a wholly-owned limited liability company, a 15% non-voting non-voting non-voting non-voting 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 non-solicitation As of October 1, 2015, each of our self storage properties located in the United States are subject to separate property management agreements with our Property Manager, which in turn has entered into sub-property on-site set-up “Set-Up Set-Up Set-Up The sub-property sub-property sub-property sub-property Set-Up Set-Up sub-property 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 Our self storage properties located in Canada are subject to separate property management agreements with our Property Manager, which are substantially similar to our property management agreements for our properties in the United States prior to September 30, 2015, except there is an agreement to share net tenant insurance revenues equally between us and 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, 2015 and 2016, and any related amounts payable as of December 31, 2015 and 2016: Year Ended December 31, 2015 Year Ended December 31, 2016 Incurred Paid Payable Incurred Paid Payable Expensed Operating expenses (including organizational costs) $ 1,200,003 $ 1,988,533 $ 47,971 $ 735,891 $ 777,354 $ 6,508 Asset management fees 865,757 888,011 — 2,970,846 2,970,846 — Property management fees (1) 1,259,135 1,306,422 — 2,752,862 2,752,862 — Acquisition expenses 2,776,679 3,479,712 — 10,729,535 10,729,535 — Capitalized Debt issuance costs 214,006 655,879 — — — — Other assets 77,556 539,048 — — — — Additional Paid-in Selling commissions 14,761,271 14,761,271 — 21,141,748 21,141,748 — Dealer manager fee 3,690,318 3,535,685 160,512 6,573,962 6,573,760 160,714 Stockholder servicing fee (2) — — — 3,297,305 286,292 3,011,013 Offering costs 319,882 2,125,798 — 444,719 444,719 — Total $ 25,164,607 $ 29,280,359 $ 208,483 $ 48,646,868 $ 45,677,116 $ 3,178,235 (1) During the years ended December 31, 2016 and 2015, property management fees included approximately $2.2 million and $0.3 million of fees paid to the sub-property (2) The Company pays our Dealer Manager an ongoing stockholder servicing fee that is payable monthly and accrues daily in an amount equal to 1/365 th 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. Tenant Protection Plan During the first quarter of 2016, in connection with our acquisitions of properties located in Canada, our board of directors approved our participation in a tenant protection plan pursuant to which we will receive 50% of the net revenues generated for each tenant protection plan purchased by a customer at our Canadian properties and our Property Manager will receive the other 50% of such net revenues.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 8. 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. On April 21, 2016, the purchase price per share became equivalent to our estimated value per share of $10.09. 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, 2016 we had sold approximately 1.1 million shares through our distribution reinvestment plan offering for Class A Shares and approximately 84,000 shares 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 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 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. 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, less any prior redemptions. • 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. For the year ended December 31, 2016 we received redemption requests totaling approximately $1.3 million (approximately 138,000 shares), approximately $1.1 million of which was fulfilled during year ended December 31, 2016, with the remaining approximately $0.2 million included in accounts payable and accrued liabilities as of December 31, 2016 and fulfilled in January 2017. For the year ended December 31, 2015 we received redemption requests totaling approximately $27,000, (approximately 2,850 shares), approximately $17,000 of which was fulfilled in July 2015, with the remaining approximately $10,000 fulfilled in January 2016. 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.

Declaration of Distributions

Declaration of Distributions	12 Months Ended
	Dec. 31, 2016
Text Block [Abstract]
Declaration of Distributions	Note 9. Declaration of Distributions On December 20, 2016, our board of directors declared a distribution rate for the first quarter of 2017 of $0.00164383561 per day per share on the outstanding shares of common stock payable to both Class A and Class T stockholders of record of such shares as shown on our books at the close of business on each day during the period, commencing on January 1, 2017 and continuing on each day thereafter through and including March 31, 2017. Such distributions payable to each stockholder of record during a month will be paid the following month.

Selected Quarterly Data (Unaudi

Selected Quarterly Data (Unaudited)	12 Months Ended
	Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Selected Quarterly Data (Unaudited)	Note 10. Selected Quarterly Data (Unaudited) The following is a summary of quarterly financial information for the years ended December 31, 2016 and 2015: Three months ended March 31, 2016 June 30, 2016 September 30, 2016 December 31, 2016 (1) Total revenues $ 6,234,589 $ 9,799,189 $ 14,457,550 $ 14,939,818 Total operating expenses $ 10,048,926 $ 18,708,719 $ 15,753,103 $ 15,830,901 Operating loss $ (3,814,337 ) $ (8,909,530 ) $ (1,295,553 ) $ (891,083 ) Net loss $ (4,508,654 ) $ (10,729,510 ) $ (6,341,069 ) $ (4,524,376 ) Net loss attributable to common stockholders $ (4,505,204 ) $ (10,724,129 ) $ (6,338,356 ) $ (4,522,696 ) Net loss per Class A Share-basic and diluted $ (0.17 ) $ (0.27 ) $ (0.14 ) $ (0.09 ) Net loss per Class T Share-basic and diluted $ (0.17 ) $ (0.27 ) $ (0.14 ) $ (0.09 ) Three months ended March 31, 2015 June 30, 2015 September 30, 2015 December 31, 2015 (2) Total revenues $ 3,006,780 $ 4,488,212 $ 5,053,724 $ 5,356,983 Total operating expenses $ 5,925,633 $ 5,613,146 $ 5,989,195 $ 5,454,605 Operating loss $ (2,918,853 ) $ (1,124,934 ) $ (935,471 ) $ (97,622 ) Net loss $ (3,580,205 ) $ (1,990,815 ) $ (1,854,575 ) $ (1,511,945 ) Net loss attributable to common stockholders $ (4,979,729 ) $ (4,037,637 ) $ (3,739,454 ) $ (2,534,121 ) Net loss per Class A Share-basic and diluted $ (2.26 ) $ (1.36 ) $ (0.82 ) $ (0.18 ) Net loss per Class T Share-basic and diluted $ — $ — $ — $ (0.18 ) (1) Includes a net decrease of approximately $0.3 million of depreciation and amortization expense related to the finalization of purchase price allocations. (2) Includes a net decrease of approximately $500,000 of depreciation and amortization expense related to the finalization of purchase price allocations. During 2015 we completed the purchase price allocations for our five properties acquired in 2014 and recognized the adjustments during the fourth quarter measurement period in 2015. These adjustments had the aggregate impact of increasing our allocation to land by approximately $1.2 million and site improvements by approximately $140,000, with reductions to buildings and intangible assets of approximately $380,000 and $960,000 respectively. The impact of such reclassifications was that we recognized measurement period adjustments during the fourth quarter of 2015 to our consolidated statement of operations, which had the net impact of an increase to depreciation expense of approximately $2,000 and a decrease to intangible amortization expense of approximately $180,000. During 2015, we also completed the purchase price allocations for the properties acquired during the first and second quarters of 2015 and recognized adjustments during the fourth quarter measurement period, which had the aggregate impact of increasing our allocation to land by approximately $1.2 million, building by approximately $4.2 million, and site improvements by approximately $0.7 million, with reductions to intangible assets of approximately $6.1 million. The impact of such reclassifications was that we recognized measurement period adjustments during the fourth quarter of 2015 to our consolidated statement of operations, which had the net impact of an increase to depreciation expense of approximately $130,000 and a decrease to intangible amortization expense of approximately $450,000. As discussed in Note 3, during 2016 we completed the purchase price allocations for our Foley, AL and Tampa, FL properties acquired in 2015 and 33 properties acquired in 2016 and recognized the measurement period adjustments in our consolidated statement of operations during the fourth quarter of 2016. If such measurement period adjustments were retroactively recorded they would have had the net impact of increasing depreciation expense by approximately $400, and $3,000 for the third and fourth quarters of 2015, respectively, and decreasing depreciation expense by approximately $9,000, $9,000, and $10,000 for the first, second, and third quarters of 2016, respectively. Intangible amortization expense would have had the net impact of increasing by approximately $2,000 and $8,000 for the third and fourth quarters of 2015, respectively, and decreasing amortization expense by approximately $40,000, $120,000, and $130,000 for the first, second, and third quarters of 2016, respectively. However, with the adoption of amended accounting guidance, the cumulative measurement period adjustments were recorded in the fourth quarter of 2016.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2016
Subsequent Events [Abstract]
Subsequent Events	Note 11. Subsequent Events Dividend Declaration On March 21, 2017, our board of directors declared a distribution rate for the second quarter of 2017 of $0.00164383561 per day per share on the outstanding shares of common stock payable to both Class A and Class T stockholders of record of such shares as shown on our books at the close of business on each day during the period, commencing on April 1, 2017 and continuing on each day thereafter through and including June 30, 2017. Such distributions payable to each stockholder of record during a month will be paid the following month. Acquisitions Acquisition of Aurora II Property On January 11, 2017, we closed on a self storage facility located in Aurora, Colorado (the “Aurora II Property”). We acquired the Aurora II Property from an unaffiliated third party for a purchase price of approximately $10.1 million, plus closing costs and acquisition fees. Our Advisor earned approximately $0.2 million in acquisition fees in connection with this acquisition. We financed the acquisition of the Aurora II Property with net proceeds from our Offering. Toronto Five Property Portfolio Merger On February 1, 2017 we entered into a definitive Agreement and Plan of Merger (the “Toronto Merger Agreement”) pursuant to which SST II Toronto Acquisition, LLC (“Toronto Merger Sub”), a wholly owned and newly formed subsidiary of our Operating Partnership, merged (the “Toronto Merger”) with and into Strategic Storage Toronto Properties REIT, Inc. (“SS Toronto”), with SS Toronto surviving the Toronto Merger and becoming a wholly owned subsidiary of our Operating Partnership. In connection with the Toronto Merger, we acquired five self storage properties located in the Greater Toronto Areas of North York, Mississauga, Brampton, Pickering and Scarborough. Each property is operated under the “SmartStop” brand. At the effective time of the Toronto Merger (the “Toronto Merger Effective Time”), each share of common stock, $0.001 par value per share, of SS Toronto issued and outstanding immediately prior to the Toronto Merger Effective Time was automatically converted into the right to receive $11.0651 USD in cash and 0.7311 Class A Units of our Operating Partnership (the “Toronto Merger Consideration”). We paid an aggregate of approximately $7.3 million USD in cash consideration and issued an aggregate of approximately 483,197 Class A Units of our Operating Partnership (the “Equity Consideration”) to the common stockholders of SS Toronto, consisting of Strategic 1031, LLC, a subsidiary of SmartStop Asset Management, LLC, our Sponsor, and SS Toronto REIT Advisors, Inc., an affiliate of our Sponsor. In connection with the Toronto Merger, we entered into guarantees, dated as of February 1, 2017 (the “Guarantees”), under which we agreed to guarantee certain obligations of SS Toronto in an aggregate amount up to $52.5 million CAD (the “SS Toronto Loans”), with approximately $50.1 million CAD outstanding as of February 1, 2017. The SS Toronto Loans consist of (i) a term loan in the amount of $34.8 million CAD pursuant to a promissory note executed by SS Toronto in favor of Bank of Montreal on June 3, 2016, and (ii) mortgage financings in the aggregate amount of up to $17.7 million CAD pursuant to two promissory notes executed by subsidiaries of SS Toronto in favor of DUCA Financial Services Credit Union Ltd. on June 3, 2016. In addition, on February 1, 2017, we paid approximately $33.1 million USD to an affiliate of Extra Space Storage, Inc. as repayment of outstanding debt and accrued interest owed by SS Toronto. Debt Refinancing Amended KeyBank Credit Facility In connection with the Toronto Merger, we borrowed approximately $30 million on the Amended KeyBank Credit Facility. On March 8, 2017 we removed five of the properties held as collateral (Plantation, Wellington, Naples, Port St. Lucie II, and Doral) under the Amended KeyBank Property Loan and added them to the Amended KeyBank Credit Facility. In conjunction with adding these five properties to the Amended KeyBank Credit Facility, we borrowed $56 million which was used to pay down approximately $46 million of principal on the Amended KeyBank Property Loan and the remaining outstanding principal balance on the Amended Subordinate Loan of $10 million. As of March 31, 2017, we had approximately $98.3 million in borrowings outstanding under the Amended KeyBank Credit Facility. Foreign Currency Hedging Activity During the first quarter of 2016, we entered into a foreign currency forward contract (the “First FX Hedge”) in order to hedge foreign currency exposure related to our investment in subsidiaries that hold properties we acquired in Canada. The forward contract had a notional amount of $42.5 million CAD, a duration of 12 months, and a forward rate of approximately 1.3392. We entered into a second foreign currency hedge (the “Second FX Hedge”) on February 1, 2017 to hedge our net investment related to the Toronto Merger. The Second FX Hedge had a notional amount of $58.5 million CAD, a duration of 37 days, and a forward rate of approximately 1.3058. On March 8, 2017 we settled the First FX Hedge and Second FX Hedge which resulted in us receiving a net settlement of approximately $1.4 million. In conjunction with the settlement, we entered into a third forward contract (the “Third FX Hedge”) to continue hedging our foreign currency exposure related to our Canadian properties. The Third FX Hedge has a notional amount of $101 million CAD, a duration of approximately six months, and a forward rate of approximately 1.3439. Storage Auction Program In March of 2017, our Sponsor acquired a minority interest in a company (the “Auction Company”) that serves as a web portal for self storage companies to post their auctions for the contents of abandoned storage units online instead of using live auctions conducted at the self storage facilities. The Auction Company is expected to receive a service fee for such services. Our sub-property Closedown of Offering On January 9, 2017, our Primary Offering terminated. In preparation for the termination of our Primary Offering, on November 30, 2016, we filed with the SEC a Registration Statement on Form S-3, Offering Status As of March 23, 2017, in connection with our Primary Offering which terminated on January 9, 2017, and our DRP Offering, we had issued approximately 48 million Class A shares of our common stock and approximately 7 million Class T Shares of our common stock for gross proceeds of approximately $495 million and approximately $73 million, respectively.

Schedule III Real Estate and Ac

Schedule III Real Estate and Accumulated Depreciation	12 Months Ended
	Dec. 31, 2016
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]
Schedule III Real Estate and Accumulated Depreciation	STRATEGIC STORAGE TRUST II, INC. AND SUBSIDIARIES SCHEDULE III REAL ESTATE AND ACCUMULATED DEPRECIATION December 31, 2016 Initial Cost to Company Gross Carrying Amount at December 31, 2016 Description ST Encumbrance Land Building and Total Cost Capitalized Land Building and Accumulated Date of Date Morrisville NC $ 1,181,939 $ 531,000 $ 1,891,000 $ 2,422,000 $ 103,091 $ 531,000 $ 1,994,091 $ 2,525,091 $ 154,976 2004 11/3/2014 Cary NC 2,535,910 1,064,000 3,301,000 4,365,000 72,004 1,064,000 3,373,004 4,437,004 266,247 1998/2005/ 11/3/2014 Raleigh NC 2,175,218 1,186,000 2,540,000 3,726,000 130,098 1,186,000 2,670,098 3,856,098 243,341 1999 11/3/2014 Myrtle Beach I SC 3,296,127 1,482,000 4,476,000 5,958,000 155,728 1,482,000 4,631,728 6,113,728 379,548 1998/2005- 11/3/2014 Myrtle Beach II SC 3,074,197 1,690,000 3,654,000 5,344,000 131,140 1,690,000 3,785,140 5,475,140 316,662 1999/2006 11/3/2014 Whittier CA 4,602,761 2,730,000 2,916,875 5,646,875 171,393 2,730,000 3,088,268 5,818,268 242,584 1989 2/19/2015 La Verne CA 3,167,492 1,950,000 2,036,875 3,986,875 180,871 1,950,000 2,217,746 4,167,746 182,661 1986 1/23/2015 Santa Ana CA 5,196,666 4,890,000 4,006,875 8,896,875 173,634 4,890,000 4,180,509 9,070,509 339,950 1978 2/5/2015 Upland CA 3,612,920 2,950,000 3,016,875 5,966,875 214,148 2,950,000 3,231,023 6,181,023 263,782 1979 1/29/2015 La Habra CA 3,662,412 2,060,000 2,356,875 4,416,875 122,720 2,060,000 2,479,595 4,539,595 182,043 1981 2/5/2015 Monterey Park CA 2,573,587 2,020,000 2,216,875 4,236,875 187,914 2,020,000 2,404,789 4,424,789 163,042 1987 2/5/2015 Huntington Beach CA 6,978,379 5,460,000 4,856,875 10,316,875 123,998 5,460,000 4,980,873 10,440,873 385,150 1986 2/5/2015 Chico CA 1,163,063 400,000 1,336,875 1,736,875 171,497 400,000 1,508,372 1,908,372 108,547 1984 1/23/2015 Lancaster CA 1,682,730 200,000 1,516,875 1,716,875 221,423 200,000 1,738,298 1,938,298 145,071 1980 1/29/2015 Riverside CA 2,326,127 370,000 2,326,875 2,696,875 284,031 370,000 2,610,906 2,980,906 184,777 1985 1/23/2015 Fairfield CA 2,746,809 730,000 2,946,875 3,676,875 76,326 730,000 3,023,201 3,753,201 233,869 1984 1/23/2015 Lompoc CA 2,821,047 1,000,000 2,746,875 3,746,875 95,400 1,000,000 2,842,275 3,842,275 214,257 1982 2/5/2015 Santa Rosa CA 7,324,823 3,150,000 6,716,875 9,866,875 97,165 3,150,000 6,814,040 9,964,040 530,905 1979-1981 1/29/2015 Vallejo CA 627,392 990,000 3,946,875 4,936,875 122,690 990,000 4,069,565 5,059,565 314,761 1981 1/29/2015 Federal Heights CO 2,375,619 1,100,000 3,346,875 4,446,875 118,897 1,100,000 3,465,772 4,565,772 300,984 1983 1/29/2015 Aurora CO 4,800,729 810,000 5,906,875 6,716,875 135,408 810,000 6,042,283 6,852,283 454,630 1984 2/5/2015 Littleton CO 2,177,650 1,680,000 2,456,875 4,136,875 96,736 1,680,000 2,553,611 4,233,611 202,816 1985 1/23/2015 Bloomingdale IL 2,375,619 810,000 3,856,874 4,666,874 253,318 810,000 4,110,192 4,920,192 290,712 1987 2/19/2015 Crestwood IL 1,633,238 250,000 2,096,875 2,346,875 218,355 250,000 2,315,230 2,565,230 173,260 1987 1/23/2015 Forestville MD 3,464,444 1,940,000 4,346,875 6,286,875 623,564 1,940,000 4,970,439 6,910,439 408,657 1988 1/23/2015 Warren I MI 1,954,936 230,000 2,966,875 3,196,875 280,939 230,000 3,247,814 3,477,814 205,359 1996 5/8/2015 Sterling Heights MI 2,301,381 250,000 3,286,875 3,536,875 536,813 250,000 3,823,688 4,073,688 212,378 1977 5/21/2015 Troy MI 3,414,952 240,000 4,176,875 4,416,875 141,789 240,000 4,318,664 4,558,664 315,168 1988 5/8/2015 Warren II MI 2,251,889 240,000 3,066,875 3,306,875 589,359 240,000 3,656,234 3,896,234 229,933 1987 5/8/2015 Beverly NJ 1,385,778 400,000 1,696,875 2,096,875 158,583 400,000 1,855,458 2,255,458 105,504 1988 5/28/2015 Everett WA 2,722,063 2,010,000 2,956,875 4,966,875 491,454 2,010,000 3,448,329 5,458,329 222,592 1986 2/5/2015 Foley AL 4,132,587 1,839,000 5,717,000 7,556,000 542,360 1,839,000 6,259,360 8,098,360 308,512 1985/1996/ 9/11/2015 Tampa FL 1,633,238 718,244 2,257,471 2,975,715 445,762 718,244 2,703,233 3,421,477 110,660 1985 11/3/2015 Boynton Beach FL 8,166,188 1,983,491 15,232,817 17,216,308 262,858 1,983,491 15,495,675 17,479,166 455,897 2004 1/7/2016 Lancaster II CA 2,350,873 670,392 3,711,424 4,381,816 171,805 670,392 3,883,229 4,553,621 136,852 1991 1/11/2016 Milton (1) ONT 4,956,483 1,501,716 8,196,411 9,698,127 22,689 (2) 1,501,716 8,219,100 9,720,816 217,998 2006 2/11/2016 Burlington I (1) ONT 7,113,697 3,403,987 10,624,437 14,028,424 40,324 (2) 3,403,987 10,664,761 14,068,748 294,078 2011 2/11/2016 Oakville I (1) ONT 7,486,937 2,744,484 13,511,955 16,256,439 28,978 (2) 2,744,484 13,540,933 16,285,417 388,098 2016 2/11/2016 Oakville II (1) ONT 7,310,803 2,998,831 9,394,919 12,393,750 9,531 (2) 2,998,831 9,404,450 12,403,281 252,777 2004 2/29/2016 Burlington II (1) ONT 4,921,575 2,959,356 5,152,513 8,111,869 3,418 (2) 2,959,356 5,155,931 8,115,287 138,015 2008 2/29/2016 Xenia OH 384,338 275,493 2,664,693 2,940,186 — 275,493 2,664,693 2,940,186 75,012 2003 4/20/2016 Sidney OH 226,292 255,246 1,806,349 2,061,595 — 255,246 1,806,349 2,061,595 73,095 2003 4/20/2016 Troy OH 384,338 150,666 2,596,010 2,746,676 2,476 150,666 2,598,486 2,749,152 82,758 2003 4/20/2016 Greenville OH 231,081 82,598 1,909,466 1,992,064 — 82,598 1,909,466 1,992,064 51,913 2003 4/20/2016 Washington Court House OH 274,185 255,456 1,882,203 2,137,659 — 255,456 1,882,203 2,137,659 53,762 2003 4/20/2016 Richmond IN 419,060 223,159 2,944,379 3,167,538 1,894 223,159 2,946,273 3,169,432 85,846 2003 4/20/2016 Connersville IN 227,490 155,533 1,652,290 1,807,823 — 155,533 1,652,290 1,807,823 48,650 2003 4/20/2016 Port St. Lucie I FL 1,017,716 2,589,781 6,339,578 8,929,359 24,854 2,589,781 6,364,432 8,954,213 148,853 1999 4/29/2016 Sacramento CA 975,810 1,205,209 6,616,767 7,821,976 33,041 1,205,209 6,649,808 7,855,017 135,533 2006 5/9/2016 Oakland CA 5,315,948 5,711,189 6,902,446 12,613,635 13,340 5,711,189 6,915,786 12,626,975 139,545 1979 5/18/2016 Concord CA 14,684,052 19,090,003 17,202,868 36,292,871 25,260 19,090,003 17,228,128 36,318,131 360,874 1988/1998 5/18/2016 Pompano Beach FL 7,800,455 3,947,715 16,656,002 20,603,717 8,528 3,947,715 16,664,530 20,612,245 288,008 1979 6/1/2016 Lake Worth FL 8,572,515 12,108,208 10,804,173 22,912,381 25,657 12,108,208 10,829,830 22,938,038 260,333 1998/2003 6/1/2016 Jupiter FL 9,530,933 16,029,881 10,556,833 26,586,714 25,249 16,029,881 10,582,082 26,611,963 211,275 1992/2012 6/1/2016 Royal Palm Beach FL 9,477,688 11,425,394 13,275,322 24,700,716 15,210 11,425,394 13,290,532 24,715,926 302,580 2001/2003 6/1/2016 Port St. Lucie II FL 5,697,262 5,130,621 8,410,474 13,541,095 17,330 5,130,621 8,427,804 13,558,425 175,945 2002 6/1/2016 Wellington FL 8,253,043 10,233,511 11,662,801 21,896,312 12,412 10,233,511 11,675,213 21,908,724 219,317 2005 6/1/2016 Doral FL 9,371,197 11,335,658 11,485,045 22,820,703 22,118 11,335,658 11,507,163 22,842,821 217,478 1998 6/1/2016 Plantation FL 11,660,751 12,989,079 19,224,919 32,213,998 22,386 12,989,079 19,247,305 32,236,384 360,491 2002/2012 6/1/2016 Naples FL 10,702,333 11,789,085 12,771,305 24,560,390 24,429 11,789,085 12,795,734 24,584,819 233,780 2002 6/1/2016 Delray FL 11,687,373 17,096,692 12,983,627 30,080,319 32,492 17,096,692 13,016,119 30,112,811 246,692 2003 6/1/2016 Baltimore MD 2,753,821 3,897,872 22,427,843 26,325,715 75,574 3,897,872 22,503,417 26,401,289 436,236 1990/2014 6/1/2016 Sonoma CA 826,146 3,468,153 3,679,939 7,148,092 8,154 3,468,153 3,688,093 7,156,246 69,813 1984 6/14/2016 Las Vegas I NV 1,372,121 2,391,220 11,117,892 13,509,112 5,333 2,391,220 11,123,225 13,514,445 143,680 2002 7/28/2016 Las Vegas II NV 1,472,695 3,840,088 9,916,937 13,757,025 50,971 3,840,088 9,967,908 13,807,996 81,732 2000 9/23/2016 Las Vegas III NV 1,107,515 2,565,579 6,338,944 8,904,523 — 2,565,579 6,338,944 8,904,523 62,838 1989 9/27/2016 Asheville I NC 7,143,593 3,619,676 11,173,603 14,793,279 — 3,619,676 11,173,603 14,793,279 2,101 1988/2005/ 12/30/2016 Asheville II NC 3,250,087 1,764,969 3,107,311 4,872,280 — 1,764,969 3,107,311 4,872,280 614 1984 12/30/2016 Hendersonville I NC 2,243,715 1,081,547 3,441,204 4,522,751 — 1,081,547 3,441,204 4,522,751 647 1982 12/30/2016 Asheville III NC 4,677,156 5,096,833 4,620,013 9,716,846 — 5,096,833 4,620,013 9,716,846 947 1991/2002 12/30/2016 Arden NC 6,557,917 1,790,118 10,265,741 12,055,859 — 1,790,118 10,265,741 12,055,859 1,737 1973 12/30/2016 Asheville IV NC 4,413,190 4,558,139 4,455,118 9,013,257 — 4,558,139 4,455,118 9,013,257 931 1985/1986/ 12/30/2016 Asheville V NC 5,073,106 2,414,680 7,826,417 10,241,097 — 2,414,680 7,826,417 10,241,097 1,484 1978/2009/ 12/30/2016 Initial Cost to Company Gross Carrying Amount at December 31, 2016 Description ST Encumbrance Land Building and Total Cost Capitalized Land Building and Accumulated Date of Date Asheville VI NC 3,489,307 1,306,240 5,121,332 6,427,572 — 1,306,240 5,121,332 6,427,572 889 2004 12/30/2016 Asheville VIII NC 4,536,924 1,764,965 6,162,855 7,927,820 — 1,764,965 6,162,855 7,927,820 1,183 1968/2002 12/30/2016 Hendersonville II NC 4,272,956 2,597,584 5,037,350 7,634,934 — 2,597,584 5,037,350 7,634,934 1,129 1989/2003 12/30/2016 Asheville VII NC 1,592,048 782,457 2,139,791 2,922,248 — 782,457 2,139,791 2,922,248 434 1999 12/30/2016 Sweeten Creek Land NC — 348,480 — 348,480 — 348,480 — 348,480 — N/A 12/30/2016 Highland Center Land NC — 50,000 — 50,000 — 50,000 — 50,000 — N/A 12/30/2016 $311,356,435 $249,051,278 $469,949,536 $719,000,814 $8,454,919 $249,051,278 $478,404,455 $727,455,733 $14,855,188 (1) This property is located in Ontario, Canada. (2) The change in cost at these self storage facilities are the net of the impact of foreign exchange rate changes and any actual additions. Activity in real estate facilities during 2016 was as follows: 2016 Real estate facilities Balance at beginning of year $ 156,244,550 Facility acquisitions 563,278,685 Impact of foreign exchange rate changes 1,406,663 Finalized purchase price allocations related to 2015 acquisitions (45,785 ) Improvements and additions 6,571,620 Balance at end of year $ 727,455,733 Accumulated depreciation Balance at beginning of year $ (3,755,709 ) Depreciation expense and impact of foreign exchange rate changes (11,099,479 ) Balance at end of year $ (14,855,188 ) Construction in process Balance at beginning of year $ 385,408 Additions 1,354,731 Balance at end of year $ 1,740,139 Real estate facilities, net $ 714,340,684

Summary of Significant Accoun21

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2016
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. In February 2015, the FASB issued ASU 2015-02, ASU 2015-02 As of December 31, 2016 and 2015, we had not entered into other contracts/interests that would be deemed to be variable interests in VIEs.
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 sheets. The noncontrolling interest shall be attributed its share of income and losses, even if that attribution results in a deficit noncontrolling interest balance.
Use of Estimates	Use of Estimates The preparation of the consolidated financial statements in conformity with GAAP 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.
Restricted Cash	Restricted Cash Restricted cash consists primarily of impound reserve accounts for property taxes, insurance and capital improvements in connection with the requirements of certain of our loan agreements.
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 in-place, in-place 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 consolidated 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 consolidated financial statements. We will recognize any measurement adjustments during the period in which we determine the amount of the adjustment to our consolidated 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 monitors 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. For the years ended December 31, 2016, 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.
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 based on relative fair value as of the date of acquisition. 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
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 in-place in-place in-place in-place in-place The total estimated amortization expense of intangible assets for the years ending December 31, 2017, 2018, 2019, 2020, and 2021 is approximately $11.7 million, $1.2 million, $13,000, $13,000, and $13,000, respectively.
Debt Issuance Costs	Debt Issuance Costs The net carrying value of costs incurred in connection with our revolving credit facility are presented as debt issuance costs on our consolidated balance sheets. Debt issuance costs are 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, 2016 and 2015, accumulated amortization of debt issuance costs related to our revolving credit facility totaled approximately $0.7 million and $20,000, respectively. The net carrying value of costs incurred in connection with obtaining non revolving debt are presented on the balance sheet as a deduction from secured debt (see Note 5). Debt issuance costs are 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, 2016 and 2015, accumulated amortization of debt issuance costs related to non revolving debt totaled approximately $0.2 million and $30,000, 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, dealer manager fees and stockholder servicing 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 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. Subsequent to the termination of our Primary Offering on January 9, 2017, we determined that organization and offering costs did not exceed 3.5% of the gross proceeds from the Primary Offering. Offering costs are recorded as an offset to additional paid-in The Company pays our Dealer Manager 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), which calculation shall be made by us with the assistance of our Dealer Manager commencing after the termination of the Primary Offering; (iii) the fifth anniversary of the last day of the fiscal quarter in which our Primary Offering (i.e., excluding our distribution reinvestment plan offering) terminates; and (iv) the date that such Class T Share is redeemed or is no longer outstanding. Upon sale of our shares by such broker-dealers, our Dealer Manager re-allows re-allow non-accountable
Foreign Currency Translation	Foreign Currency Translation For non-U.S.
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 sheets. 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. For the year ended December 31, 2016 we received redemption requests totaling approximately $1.3 million (approximately 138,000 shares), approximately $1.1 million of which was fulfilled during year ended December 31, 2016, with the remaining approximately $0.2 million included in accounts payable and accrued liabilities as of December 31, 2016 and fulfilled in January 2017. For the year ended December 31, 2015 we received redemption requests totaling approximately $27,000, (approximately 2,850 shares), approximately $17,000 of which was fulfilled in July 2015, with the remaining approximately $10,000 fulfilled in January 2016.
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 Under GAAP, the Company is required to measure certain financial instruments at fair value on a recurring basis. In addition, the Company is required to measure other financial instruments and balances at fair value on a non-recurring • 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 Financial and non-financial non-recurring 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 their relatively short-term nature. The table below summarizes our fixed rate notes payable at December 31, 2016 and 2015. The estimated fair value of financial instruments is subjective in nature and is dependent on a number of important assumptions, including discount rates and relevant comparable market information associated with each financial instrument. The fair values of the fixed rate notes payable were estimated by discounting the future cash flows using the current rates at which similar loans would be made to borrowers with similar credit ratings and for the same remaining maturities. The use of different market assumptions and estimation methodologies may have a material effect on the reported estimated fair value amounts. Accordingly, the estimates presented below are not necessarily indicative of the amounts we would realize in a current market exchange. December 31, 2016 December 31, 2015 Fair Value Carrying Value Fair Value Carrying Value Fixed Rate Secured Debt $ 158,700,000 $ 166,410,537 $ 13,300,000 $ 13,237,237 As of December 31, 2016, we had an interest rate swap on one of our loans (See Note 5). The valuation of this instrument was determined using widely accepted valuation techniques including discounted cash flow analysis on the expected cash flows of the derivative. The analysis reflected the contractual terms of the derivative, including the period to maturity, and used observable market-based inputs, including interest rate curves and implied volatilities. The fair value of the interest rate swap was determined using the market standard methodology of netting the discounted future fixed cash payments and the discounted expected variable cash payments. The variable cash payments were based on an expectation of future interest rates (forward curves) derived from observable market interest rate curves. 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 non-performance
Derivative Instruments and Hedging Activities	Derivative Instruments and Hedging Activities We record all derivatives on our balance sheet at fair value. The accounting for changes in the fair value of derivatives depends on the intended use of the derivative, whether we have elected to designate a derivative in a hedging relationship and apply hedge accounting and whether the hedging relationship has satisfied the criteria necessary to apply hedge accounting. Derivatives designated and qualifying as a hedge of the exposure to changes in the fair value of an asset, liability, or firm commitment attributable to a particular risk, such as interest rate risk, are considered fair value hedges. Derivatives designated and qualifying as a hedge of the exposure to variability in expected future cash flows, or other types of forecasted transactions, are considered cash flow hedges. Derivatives may also be designated as hedges of the foreign currency exposure of a net investment in a foreign operation. For derivatives designated as net investment hedges, the effective portion of changes in the fair value of the derivatives are reported in accumulated other comprehensive income. The ineffective portion of the change in fair value of the derivatives are recognized directly in earnings. Amounts are reclassified out of other comprehensive income into earnings when the hedged net investment is either sold or substantially liquidated. As of December 31, 2016, all of our derivative instruments met the criteria for hedge accounting.
Interest Rate Swap	Interest Rate Swap In connection with the loan we assumed with the purchase of the properties we acquired in Oakland and Concord, California, we also assumed an interest rate swap with USAmeriBank that fixes the interest rate at 3.95% through the loan maturity on April 10, 2023. In conjunction with our purchase price allocation, the interest rate swap was valued at approximately $760,000 and recorded as a liability within accounts payable and accrued liabilities. We have designated the interest rate swap as a cash flow hedge and changes in the fair value of the hedge subsequent to acquisition are reported in other comprehensive income. From the date of acquisition through December 31, 2016, the interest rate swap’s liability has decreased approximately $700,000. The characteristics of this financial instrument, market data, and other comparative metrics utilized in determining this fair value are “Level 2” inputs as the term is defined in the accounting standard for fair value measurement.
Foreign Currency Forward	Foreign Currency Forward During the first quarter of 2016, we entered into a foreign currency forward contract in order to hedge foreign currency exposure related to our investment in subsidiaries that hold properties we acquired in Canada. A foreign currency forward contract is a commitment to deliver a certain amount of currency at a certain price on a specific date in the future. By entering into the forward contract and holding it to maturity, we are locked into a future currency exchange rate in an amount equal to and for the term of the forward contract. We have designated the foreign currency forward as a net investment hedge and changes in the fair value of the derivative are reported in other comprehensive income. The forward contract has a notional amount of $42.5 million CAD, a duration of 12 months, and a forward rate of approximately 1.339. As of December 31, 2016, the forward contract has a fair market value representing an asset of approximately $0.1 million USD which is recorded in the accompanying consolidated balance sheets. The characteristics of this financial instrument, market data, and other comparative metrics utilized in determining this fair value are “Level 2” inputs as the term is defined in the accounting standard for fair value measurement. See Note 11 for settlement of the forward contract.
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 qualify as a REIT, we must continue to meet certain organizational and operational requirements, including a requirement to distribute at least 90% of the REIT’s ordinary taxable income to stockholders (which is computed without regard to the dividends paid deduction or net capital gains and which does not necessarily equal net income as calculated in accordance with GAAP). 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 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
Per Share Data	Per Share Data Basic earnings per share attributable to our common stockholders for all periods presented are computed by dividing net income (loss) attributable to our common stockholders by the weighted average number of shares outstanding during the period, excluding unvested restricted stock. Diluted earnings per share is computed by including the dilutive effect of unvested restricted stock, utilizing the treasury stock method. For all periods presented the dilutive effect of unrestricted stock was not included in the diluted weighted average shares as such shares were antidilutive.
Recently Issued Accounting Guidance	Recently Issued Accounting Guidance In May 2014, the FASB issued ASU 2014-09 ASU 2014-09 ASU 2014-09 In February 2015, the FASB issued ASU 2015-02, ASU 2015-02 In April 2015, the FASB issued ASU 2015-03, (Subtopic 835-30): ASU 2015-03 ASU 2015-03 line-of-credit ASU 2015-15, (Subtopic 835-30), Line-of-Credit No. 2015-03 line-of-credit line-of-credit ASU 2015-03 ASU 2015-15 In September 2015, the FASB issued ASU 2015-16, 2015-16 2015-16 2015-16 is In January 2016, the FASB issued ASU 2016-01, 825-10): 2016-01 2016-01 2016-01 2016-01 2016-01 is In February 2016, the FASB issued ASU 2016-02, 2016-02 ASU 2016-02, right-of-use ASU 2016-02, ASU 2016-02 ASU 2016-02 In August 2016, the FASB issued ASU 2016-15, ASU 2016-15 In November 2016, the FASB issued ASU No. 2016-18, 2016-18 beginning-of-period end-of-period 2016-18 2016-18 In January 2017, the FASB issued ASU 2017-01, 2017-01 in-substance 2017-01.

Summary of Significant Accoun22

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2016
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
Summary of Fixed Rate Notes Payable	The table below summarizes our fixed rate notes payable at December 31, 2016 and 2015. The estimated fair value of financial instruments is subjective in nature and is dependent on a number of important assumptions, including discount rates and relevant comparable market information associated with each financial instrument. The fair values of the fixed rate notes payable were estimated by discounting the future cash flows using the current rates at which similar loans would be made to borrowers with similar credit ratings and for the same remaining maturities. The use of different market assumptions and estimation methodologies may have a material effect on the reported estimated fair value amounts. Accordingly, the estimates presented below are not necessarily indicative of the amounts we would realize in a current market exchange. December 31, 2016 December 31, 2015 Fair Value Carrying Value Fair Value Carrying Value Fixed Rate Secured Debt $ 158,700,000 $ 166,410,537 $ 13,300,000 $ 13,237,237

Real Estate Facilities (Tables)

Real Estate Facilities (Tables)	12 Months Ended
	Dec. 31, 2016
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, 2016 and 2015: Real estate facilities Balance at December 31, 2014 $ 20,857,880 Facility acquisitions 132,546,249 Finalized purchase price allocations related to 2014 acquisitions 958,000 Improvements and additions 2,156,384 Asset disposals (273,963 ) Balance at December 31, 2015 156,244,550 Facility acquisitions 563,278,685 Impact of foreign exchange rate changes 1,406,663 Finalized purchase price allocations related to 2015 acquisitions (45,785 ) Improvements and additions 6,571,620 Balance at December 31, 2016 $ 727,455,733 Accumulated depreciation Balance at December 31, 2014 $ (93,433 ) Depreciation expense (3,936,239 ) Asset disposals 273,963 Balance at December 31, 2015 (3,755,709 ) Depreciation expense and impact of foreign exchange rate changes (11,099,479 ) Balance at December 31, 2016 $ (14,855,188 )
Summary of Purchase Price Allocation for Acquisitions	The following table summarizes the purchase price allocation for our acquisitions during the year ended December 31, 2016: Property Acquisition Real Estate Intangibles Total Debt Issued or 2016 (1) 2016 (2) Boynton Beach – FL 1/7/16 $ 17,216,308 $ 683,692 $ 17,900,000 $ — $ 1,380,868 831,069 Lancaster II – CA 1/11/16 4,381,816 268,184 4,650,000 — 633,864 367,208 Milton – ON (CAN) (3) 2/11/16 9,382,679 435,162 9,817,841 4,820,717 801,638 462,423 Burlington I – ON (CAN) (3) 2/11/16 13,572,128 617,940 14,190,068 6,917,253 894,067 489,001 Oakville I – ON (CAN) (3) 2/11/16 15,727,673 — 15,727,673 7,243,413 192,250 (138,177 ) Oakville II – ON (CAN) (3) 2/29/16 12,329,590 584,295 12,913,885 7,392,762 873,172 547,559 Burlington II – ON (CAN) (3) 2/29/16 8,069,874 383,109 8,452,983 4,962,733 639,781 385,012 Xenia – OH 4/20/16 2,940,185 207,622 3,147,807 — 320,574 186,670 Sidney – OH 4/20/16 2,061,595 140,896 2,202,491 — 239,177 107,612 Troy – OH 4/20/16 2,746,676 176,984 2,923,660 — 323,562 183,352 Greenville – OH 4/20/16 1,992,064 132,462 2,124,526 — 232,716 113,902 Washington Court House – OH 4/20/16 2,137,658 172,033 2,309,691 — 267,877 146,595 Richmond – IN 4/20/16 3,167,538 194,671 3,362,209 — 334,750 170,187 Connersville – IN 4/20/16 1,807,824 121,792 1,929,616 — 224,183 101,140 Port St. Lucie I – FL 4/29/16 8,929,360 370,640 9,300,000 — 520,274 248,884 Sacramento – CA 5/09/16 7,821,975 328,025 8,150,000 — 485,624 209,183 Oakland – CA 5/18/16 12,613,636 501,197 13,114,833 5,315,948 759,385 412,947 Concord – CA 5/18/16 36,292,871 1,202,494 37,495,365 14,684,052 1,680,111 1,102,628 Pompano Beach – FL 6/1/16 20,603,718 682,764 21,286,482 13,714,676 813,850 497,015 Lake Worth – FL 6/1/16 22,912,381 672,074 23,584,455 11,089,560 850,056 551,889 Jupiter – FL 6/1/16 26,586,715 847,852 27,434,567 12,469,383 1,027,609 699,721 Royal Palm Beach – FL 6/1/16 24,700,716 839,031 25,539,747 12,097,235 932,729 599,065 Port St. Lucie II – FL 6/1/16 13,541,095 518,868 14,059,963 7,280,380 609,242 311,291 Wellington – FL 6/1/16 21,896,312 781,048 22,677,360 10,644,805 840,932 540,030 Doral – FL 6/1/16 22,820,702 773,831 23,594,533 12,081,860 845,835 522,374 Plantation – FL 6/1/16 32,213,998 1,036,052 33,250,050 15,624,241 1,190,931 806,283 Naples – FL 6/1/16 24,560,390 737,465 25,297,855 13,504,110 858,655 621,830 Delray – FL 6/1/16 30,080,319 992,704 31,073,023 11,160,313 1,139,020 775,964 Baltimore – MD 6/1/16 26,325,715 776,250 27,101,965 15,333,437 987,789 665,997 Sonoma – CA 6/14/16 7,148,092 276,908 7,425,000 — 329,208 174,641 Las Vegas I – NV 7/28/16 13,509,112 425,888 13,935,000 — 434,740 292,195 Las Vegas II – NV 9/23/16 13,757,025 442,975 14,200,000 — 261,704 163,354 Las Vegas III – NV 9/27/16 8,904,522 345,478 9,250,000 — 218,952 136,518 Asheville I – NC 12/30/16 14,793,279 450,775 15,244,054 7,143,593 5,600 (1,852 ) Asheville II – NC 12/30/16 4,872,280 206,656 5,078,936 3,250,087 2,649 (3,431 ) Hendersonville I – NC 12/30/16 4,522,751 163,926 4,686,677 2,243,715 1,900 (3,370 ) Asheville III – NC 12/30/16 9,716,847 351,277 10,068,124 4,677,156 3,677 (2,616 ) Arden – NC 12/30/16 12,055,859 443,676 12,499,535 6,557,917 4,599 (1,696 ) Asheville IV – NC 12/30/16 9,013,256 317,301 9,330,557 4,413,190 3,275 (6,621 ) Asheville V – NC 12/30/16 10,241,097 350,841 10,591,938 5,073,106 3,976 (2,710 ) Asheville VI – NC 12/30/16 6,427,572 275,104 6,702,676 3,489,307 2,995 (3,162 ) Asheville VII – NC 12/30/16 2,922,248 142,357 3,064,605 1,592,048 1,460 (4,284 ) Asheville VIII – NC 12/30/16 7,927,820 312,430 8,240,250 4,536,924 3,685 (2,375 ) Hendersonville II – NC 12/30/16 7,634,934 249,233 7,884,167 4,272,956 3,043 (2,611 ) Sweeten Creek Land – NC 12/30/16 348,480 — 348,480 — — — Highland Center Land – NC 12/30/16 50,000 — 50,000 — — — 2016 Total $ 563,278,685 $ 19,933,962 $ 583,212,647 $ 233,586,877 $ 22,181,984 $ 13,250,634 (1) The operating results of the facilities acquired above have been included in our consolidated 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) Allocation based on CAD/USD exchange rates as of date of acquisition. Certain purchase price allocations included 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 the purchase price allocations within one year of their acquisition date, as further evaluations are completed and additional information is received from third parties. The following table summarizes our purchase price allocation for our acquisitions during the year ended December 31, 2015: Property Acquisition Real Estate Intangibles Total Debt Issued or Assumed 2015 (1) 2015 (2) La Verne - 1/23/2015 $ 3,986,875 $ 180,000 $ 4,166,875 $ 2,370,000 $ 705,564 $ 444,668 Chico - 1/23/2015 1,736,875 90,000 1,826,875 1,230,000 553,611 313,050 Riverside - 1/23/2015 2,696,875 110,000 2,806,875 1,740,000 862,574 482,506 Fairfield - 1/23/2015 3,676,875 250,000 3,926,875 2,250,000 621,060 366,104 Littleton - 1/23/2015 4,136,875 210,000 4,346,875 2,310,000 568,008 354,357 Crestwood - 1/23/2015 2,346,875 140,000 2,486,875 1,650,000 489,340 246,268 Forestville - 1/23/2015 6,286,875 410,000 6,696,875 3,870,000 1,033,216 716,896 Upland - 1/29/2015 5,966,875 310,000 6,276,875 3,540,000 310,001 134,707 Lancaster - 1/29/2015 1,716,875 90,000 1,806,875 1,140,000 411,394 174,715 Santa Rosa - 1/29/2015 9,866,875 600,000 10,466,875 5,760,000 475,487 258,042 Vallejo - 1/29/2015 4,936,875 350,000 5,286,875 3,360,000 511,791 293,887 Federal Heights - 1/29/2015 4,446,875 300,000 4,746,875 2,550,000 557,445 348,501 Santa Ana - 2/5/2015 8,896,875 380,000 9,276,875 4,350,000 1,149,866 714,694 La Habra - 2/5/2015 4,416,875 190,000 4,606,875 2,340,000 667,218 428,452 Monterey Park - 2/5/2015 4,236,875 190,000 4,426,875 2,340,000 482,731 251,907 Huntington Beach - 2/5/2015 10,316,875 560,000 10,876,875 5,760,000 841,183 550,143 Lompoc - 2/5/2015 3,746,875 290,000 4,036,875 2,460,000 508,933 248,116 Aurora - 2/5/2015 6,716,875 620,000 7,336,875 4,140,000 503,657 281,333 Everett - 2/5/2015 4,966,875 230,000 5,196,875 2,190,000 476,990 196,759 Whittier - 2/19/2015 5,646,875 270,000 5,916,875 3,330,000 623,323 333,470 Bloomingdale - 2/19/2015 4,666,874 330,000 4,996,874 2,520,000 323,982 160,580 Warren I - 5/8/2015 3,196,875 240,000 3,436,875 1,620,000 328,826 187,575 Warren II - 5/8/2015 3,306,875 330,000 3,636,875 2,040,000 480,171 311,680 Troy - 5/8/2015 4,416,875 400,000 4,816,875 2,880,000 343,136 190,639 Sterling Heights - 5/21/2015 3,536,875 320,000 3,856,875 2,190,000 251,168 114,146 Beverly - 5/28/2015 2,096,875 80,000 2,176,875 1,365,000 451,703 229,891 Foley - 9/11/2015 7,556,000 409,000 7,965,000 — 290,184 171,265 Tampa - 11/3/2015 2,975,715 186,785 3,162,500 — 61,468 14,446 2015 Total $ 132,500,464 $ 8,065,785 $ 140,566,249 $ 71,295,000 $ 14,884,030 $ 8,518,797 (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.

Pro Forma Financial Informati24

Pro Forma Financial Information (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2016
Text Block [Abstract]
Summary of Consolidated Results of Operations on Pro Forma Basis	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, 2016 and 2015 as if the Company’s acquisitions discussed in Note 3 were completed as of January 1, 2015. 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 Year Ended Pro forma revenue $ 64,449,988 $ 60,935,092 Pro forma operating expenses $ (60,171,072) $ (68,720,237) Pro forma net loss attributable to common stockholders $ (10,170,334) $ (28,318,064)

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2016
Debt Disclosure [Abstract]
Schedule of Summarized Real Estate Secured Debt	The Company’s debt is summarized as follows: Encumbered Property December 31, December 31, Interest Maturity Raleigh/Myrtle Beach promissory note (1) $ 12,263,391 $ 12,437,841 5.73 % 9/1/2023 Amended KeyBank Credit Facility (2) 12,300,000 10,000,000 2.87 % 12/22/2018 Milton fixed rate (3) 4,956,483 — 5.81 % 10/15/2018 Burlington I fixed rate (3) 4,870,817 — 5.98 % 10/15/2018 Burlington I variable rate (3) 2,242,880 — 4.88 % 10/15/2018 Oakville I variable rate (3) 7,486,937 — 4.45 % 12/31/2017 Burlington II and Oakville II variable rate (3) 12,232,378 — 3.38 % 2/28/2021 Oakland and Concord loan (4) 20,000,000 — 3.95 % 4/10/2023 Amended KeyBank Property Loan (5) 92,753,550 — 2.87 % 3/31/2017 KeyBank CMBS Loan (6) 95,000,000 — 3.89 % 8/1/2026 Midland North Carolina CMBS Loan (7) 47,249,999 — 5.31 % 8/1/2024 Premium on secured debt, net 2,069,847 799,396 Debt issuance costs, net (2,605,542 ) (207,462 ) Total secured debt 310,820,740 23,029,775 Amended KeyBank Subordinate Loan (8) 10,000,000 — 6.25 % 3/31/2017 Total debt $ 320,820,740 $ 23,029,775 (1) Fixed rate debt with principal and interest payments due monthly. This promissory note is encumbered by five properties, Morrisville, Cary, Raleigh, Myrtle Beach I, and Myrtle Beach II. (2) As of December 31, 2016, this facility encumbers fifteen properties (Xenia, Sidney, Troy, Greenville, Washington Court House, Richmond, Connersville, Vallejo, Port St. Lucie I, Sacramento, Sonoma, Las Vegas I, Las Vegas II, Las Vegas III, and Baltimore). (3) Canadian Dollar denominated loans. Variable rate loans are based on Canadian Prime, or the Canadian Dealer Offered Rate (“CDOR”). (4) This loan was assumed during the acquisition of the Oakland and Concord properties, along with an interest rate swap with USAmeriBank that fixes the interest rate at 3.95%. (5) As of December 31, 2016 this loan encumbers 10 properties (Pompano Beach, Lake Worth, Jupiter, Royal Palm Beach, Port St. Lucie II, Wellington, Doral, Plantation, Naples, and Delray). (6) This loan is encumbered by 29 properties (Whittier, La Verne, Santa Ana, Upland, La Habra, Monterey Park, Huntington Beach, Chico, Lancaster I, Riverside, Fairfield, Lompoc, Santa Rosa, Federal Heights, Aurora, Littleton, Bloomingdale, Crestwood, Forestville, Warren I, Sterling Heights, Troy, Warren II, Beverly, Everett, Foley, Tampa, Boynton Beach, and Lancaster II). The separate assets and credit of these encumbered properties are not available to pay our other debts. (7) This loan encumbers 11 self storage properties (Asheville I, Arden, Asheville II, Hendersonville I, Asheville III, Asheville IV, Asheville V, Asheville VI, Asheville VII, Asheville VIII, and Hendersonville II) with monthly interest only payments until September, 2019, at which time both interest and principal payments will be due monthly. (8) The Amended KeyBank Subordinate Loan is unsecured.
Future Principal Payment Requirements on Outstanding Debt	The following table presents the future principal payment requirements on outstanding debt as of December 31, 2016: 2017 $ 110,873,322 2018 25,138,980 2019 1,158,012 2020 1,612,418 2021 13,215,861 2022 and thereafter 169,357,842 Total payments 321,356,435 Premium on secured debt, net 2,069,847 Debt issuance costs, net (2,605,542 ) Total $ 320,820,740

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2016
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, 2015 and 2016, and any related amounts payable as of December 31, 2015 and 2016: Year Ended December 31, 2015 Year Ended December 31, 2016 Incurred Paid Payable Incurred Paid Payable Expensed Operating expenses (including organizational costs) $ 1,200,003 $ 1,988,533 $ 47,971 $ 735,891 $ 777,354 $ 6,508 Asset management fees 865,757 888,011 — 2,970,846 2,970,846 — Property management fees (1) 1,259,135 1,306,422 — 2,752,862 2,752,862 — Acquisition expenses 2,776,679 3,479,712 — 10,729,535 10,729,535 — Capitalized Debt issuance costs 214,006 655,879 — — — — Other assets 77,556 539,048 — — — — Additional Paid-in Selling commissions 14,761,271 14,761,271 — 21,141,748 21,141,748 — Dealer manager fee 3,690,318 3,535,685 160,512 6,573,962 6,573,760 160,714 Stockholder servicing fee (2) — — — 3,297,305 286,292 3,011,013 Offering costs 319,882 2,125,798 — 444,719 444,719 — Total $ 25,164,607 $ 29,280,359 $ 208,483 $ 48,646,868 $ 45,677,116 $ 3,178,235 (1) During the years ended December 31, 2016 and 2015, property management fees included approximately $2.2 million and $0.3 million of fees paid to the sub-property (2) The Company pays our Dealer Manager an ongoing stockholder servicing fee that is payable monthly and accrues daily in an amount equal to 1/365 th

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2016
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

Selected Quarterly Data (Unau28

Selected Quarterly Data (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2016
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, 2016 and 2015: Three months ended March 31, 2016 June 30, 2016 September 30, 2016 December 31, 2016 (1) Total revenues $ 6,234,589 $ 9,799,189 $ 14,457,550 $ 14,939,818 Total operating expenses $ 10,048,926 $ 18,708,719 $ 15,753,103 $ 15,830,901 Operating loss $ (3,814,337 ) $ (8,909,530 ) $ (1,295,553 ) $ (891,083 ) Net loss $ (4,508,654 ) $ (10,729,510 ) $ (6,341,069 ) $ (4,524,376 ) Net loss attributable to common stockholders $ (4,505,204 ) $ (10,724,129 ) $ (6,338,356 ) $ (4,522,696 ) Net loss per Class A Share-basic and diluted $ (0.17 ) $ (0.27 ) $ (0.14 ) $ (0.09 ) Net loss per Class T Share-basic and diluted $ (0.17 ) $ (0.27 ) $ (0.14 ) $ (0.09 ) Three months ended March 31, 2015 June 30, 2015 September 30, 2015 December 31, 2015 (2) Total revenues $ 3,006,780 $ 4,488,212 $ 5,053,724 $ 5,356,983 Total operating expenses $ 5,925,633 $ 5,613,146 $ 5,989,195 $ 5,454,605 Operating loss $ (2,918,853 ) $ (1,124,934 ) $ (935,471 ) $ (97,622 ) Net loss $ (3,580,205 ) $ (1,990,815 ) $ (1,854,575 ) $ (1,511,945 ) Net loss attributable to common stockholders $ (4,979,729 ) $ (4,037,637 ) $ (3,739,454 ) $ (2,534,121 ) Net loss per Class A Share-basic and diluted $ (2.26 ) $ (1.36 ) $ (0.82 ) $ (0.18 ) Net loss per Class T Share-basic and diluted $ — $ — $ — $ (0.18 ) (1) Includes a net decrease of approximately $0.3 million of depreciation and amortization expense related to the finalization of purchase price allocations. (2) Includes a net decrease of approximately $500,000 of depreciation and amortization expense related to the finalization of purchase price allocations.

Organization - Additional Infor

Organization - Additional Information (Detail)

Mar. 23, 2017USD ($)shares

Apr. 08, 2016$ / shares

Oct. 01, 2015USD ($)$ / shares

Aug. 31, 2014

May 23, 2014USD ($)

Aug. 02, 2013USD ($)shares

Feb. 01, 2017Property

Dec. 31, 2016USD ($)Property$ / sharesshares

Dec. 31, 2015USD ($)$ / sharesshares

Dec. 31, 2014USD ($)shares

Nov. 30, 2016shares

Apr. 21, 2016$ / shares

Apr. 14, 2016$ / shares

Organization and Nature of Operations [Line Items]

Date of formation of company

Jan. 8, 2013

Preferred Stock, shares authorized | shares

200,000,000

200,000,000

Preferred Stock, par value | $ / shares

$ 0.001

$ 0.001

Shares issuable pursuant to distribution reinvestment plan

$ 95,000,000

Sale of common shares

$ 326,028,023

$ 193,105,306

$ 17,536,902

Number of self storage facilities | Property

77

Percentage of non-voting equity owned

15.00%

Subsequent Event

Organization and Nature of Operations [Line Items]

Number of self storage facilities | Property

6

Distribution Reinvestment Plan

Organization and Nature of Operations [Line Items]

Common Stock, shares authorized | shares

100,900,000

Maximum | Distribution Reinvestment Plan

Organization and Nature of Operations [Line Items]

Common Stock, shares authorized | shares

100,900,000

Primary Offering | Maximum

Organization and Nature of Operations [Line Items]

Common stock, value authorized

$ 1,000,000,000

Primary Offering | Minimum

Organization and Nature of Operations [Line Items]

Sale of common shares

$ 1,500,000

Investments in Majority-owned Subsidiaries | Affiliate

Organization and Nature of Operations [Line Items]

Percentage owned by affiliate

2.50%

Class A Common stock

Organization and Nature of Operations [Line Items]

Offering price per share | $ / shares

$ 11.21

$ 10

Common Stock, shares authorized | shares

350,000,000

350,000,000

Common Stock, par value | $ / shares

$ 0.001

$ 0.001

Estimated value per common share | $ / shares

$ 10.09

Class A Common stock | Distribution Reinvestment Plan

Organization and Nature of Operations [Line Items]

Selling price per share | $ / shares

$ 10.09

Class T Common stock

Organization and Nature of Operations [Line Items]

Offering price per share | $ / shares

$ 10.62

$ 9.47

Common Stock, shares authorized | shares

350,000,000

350,000,000

Common Stock, par value | $ / shares

$ 0.001

$ 0.001

Estimated value per common share | $ / shares

$ 10.09

Class T Common stock | Distribution Reinvestment Plan

Organization and Nature of Operations [Line Items]

Selling price per share | $ / shares

$ 10.09

Common Stock | Class A Common stock

Organization and Nature of Operations [Line Items]

Sale of common shares

$ 25,601

$ 18,796

$ 1,757

Number of common stock issued | shares

25,601,685

18,797,161

1,757,677

Gross proceeds from issuance of common stock

$ 481,000,000

Common Stock | Class A Common stock | Subsequent Event

Organization and Nature of Operations [Line Items]

Number of common stock issued | shares

48,000,000

Gross proceeds from issuance of common stock

$ 495,000,000

Common Stock | Class T Common stock

Organization and Nature of Operations [Line Items]

Sale of common shares

$ 5,892

$ 608

$ 0

Number of common stock issued | shares

5,892,439

608,918

0

Gross proceeds from issuance of common stock

$ 67,000,000

Common Stock | Class T Common stock | Subsequent Event

Organization and Nature of Operations [Line Items]

Number of common stock issued | shares

7,000,000

Gross proceeds from issuance of common stock

$ 73,000,000

SSTI Preferred Investor

Organization and Nature of Operations [Line Items]

Number of Preferred Units received in the Operating Partnership | shares

2,400,000

Preferred equity investment

$ 59,500,000

Dealer Manager | President

Organization and Nature of Operations [Line Items]

Percentage of non-voting equity owned

15.00%

SmartStop Asset Management

Organization and Nature of Operations [Line Items]

Percentage of non-voting equity owned

15.00%

SmartStop Asset Management | President

Organization and Nature of Operations [Line Items]

Percentage of non-voting equity owned

15.00%

SmartStop Self Storage, Inc.

Organization and Nature of Operations [Line Items]

Sale price per share | $ / shares

$ 13.75

Enterprise value on sale

$ 1,400,000,000

SmartStop Self Storage, Inc. | Strategic Storage Trust Advisor II, LLC

Organization and Nature of Operations [Line Items]

Economic Interests

97.50%

Percentage of voting membership interest

100.00%

SmartStop Self Storage, Inc. | Property Management Agreement

Organization and Nature of Operations [Line Items]

Percentage of voting membership interest

100.00%

Strategic Storage Advisor II, LLC

Organization and Nature of Operations [Line Items]

Number of shares sold to advisor | shares

100

Sale of common shares to advisor

$ 1,000

Strategic Storage Operating Partnership II, L.P.

Organization and Nature of Operations [Line Items]

Date of formation of company

Jan. 9, 2013

Advisor purchased a limited partnership interest in Operating Partnership

200,000

Initial capital contribution

$ 1,000

Percentage of limited partnership interests

99.96%

Percentage of limited partnership interests owned by noncontrolling owners

0.04%

Summary of Significant Accoun30

Summary of Significant Accounting Policies - Additional Information (Detail)	Mar. 30, 2017	Jan. 31, 2017USD ($)	Jan. 31, 2017USD ($)	Jan. 31, 2016USD ($)	Jul. 31, 2015USD ($)	Mar. 29, 2017	Dec. 31, 2016USD ($)CAD / $shares	Dec. 31, 2015USD ($)shares	Dec. 31, 2014USD ($)	Dec. 31, 2016CADCAD / $
Summary Of Significant Accounting Policies [Line Items]
Payments to acquire intangible assets							$ 19,900,000	$ 8,100,000
Business acquisition, transaction costs							13,700,000	3,400,000	$ 1,300,000
Impairment losses recognized							0	0	$ 0
Gross amounts of lease intangibles							29,200,000	9,200,000
Accumulated amortization of lease intangibles							16,100,000	5,300,000
Total estimated amortization expense of intangible assets, year 2017							11,700,000
Total estimated amortization expense of intangible assets, year 2018							1,200,000
Total estimated amortization expense of intangible assets, year 2019							13,000
Total estimated amortization expense of intangible assets, year 2020							13,000
Total estimated amortization expense of intangible assets, year 2021							13,000
Accumulated amortization of debt issuance costs							$ 700,000	20,000
Maximum period for reimbursement of offering cost							60 days
Maximum offering cost rate							3.50%
Redemptions of common stock							$ 112	1
Derivative, notional amount | CAD										CAD 42,500,000
Duration of derivative							12 months
Forward rate of derivative (CAD/USD) | CAD / $							1.339			1.339
Minimum percentage of ordinary taxable income to be distributed to stockholders							90.00%
Unamortized debt issuance costs								200,000
Interest Rate Swap [Member] | Oakland and Concord Fixed Rate
Summary Of Significant Accounting Policies [Line Items]
Fixed interest rate							3.95%			3.95%
Maturity date of loan							Apr. 10, 2023
Derivative liability							$ 760,000
Interest rate swap liability							$ 700,000
Dealer Manager
Summary Of Significant Accounting Policies [Line Items]
Maximum dealer manager commission fee percentage of proceeds from Primary Offering							3.00%
Underwriting commission							10.00%
Non Revolving Debt
Summary Of Significant Accounting Policies [Line Items]
Accumulated amortization of debt issuance costs							$ 200,000	30,000
Subsequent Event
Summary Of Significant Accounting Policies [Line Items]
Redemptions of common stock			$ 200,000
Maturity date of loan	May 1, 2017					Mar. 31, 2017
Redeemable Common Stock [Member]
Summary Of Significant Accounting Policies [Line Items]
Redemptions of common stock							$ 1,302,463	$ 27,320
Class T Common stock | Dealer Manager
Summary Of Significant Accounting Policies [Line Items]
Monthly stockholder servicing fee accrual description							accrues daily in an amount equal to 1/365th of 1% of the purchase price per share
Class T Common stock | Primary Offering Dealer Manager Agreement
Summary Of Significant Accounting Policies [Line Items]
Percentage of gross proceeds from sale of shares							10.00%
Class A Common stock | Primary Offering Dealer Manager Agreement
Summary Of Significant Accounting Policies [Line Items]
Percentage of gross proceeds from sale of shares							10.00%
Level 2 Inputs | Accounts Payable and Accrued Liabilities
Summary Of Significant Accounting Policies [Line Items]
Forward contract fair market value							$ 100,000
Share Redemption Program
Summary Of Significant Accounting Policies [Line Items]
Redemptions of common stock (in shares) | shares							138,000	2,850
Redemptions of common stock				$ 10,000	$ 17,000		$ 1,300,000	$ 27,000
Share Redemption Program | Subsequent Event
Summary Of Significant Accounting Policies [Line Items]
Redemptions of common stock		$ 200,000
Share Redemption Program | Redeemable Common Stock [Member]
Summary Of Significant Accounting Policies [Line Items]
Redemptions of common stock							$ 1,100,000
Minimum
Summary Of Significant Accounting Policies [Line Items]
Estimated useful life							3 years
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, 2016
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 Fixed Rate Notes Pay

Summary of Fixed Rate Notes Payable (Detail) - Fixed Rate Secured Debt - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair Value	$ 158,700,000	$ 13,300,000
Carrying Value	$ 166,410,537	$ 13,237,237

Schedule of Activity in Real Es

Schedule of Activity in Real Estate Facilities (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Real estate facilities
Real estate facilities, beginning balance	$ 156,244,550	$ 20,857,880
Facility acquisitions	563,278,685	132,546,249
Impact of foreign exchange rate changes	1,406,663
Finalized purchase price allocations related to acquisitions	(45,785)	958,000
Improvements and additions	6,571,620	2,156,384
Asset disposals		(273,963)
Real estate facilities, ending balance	727,455,733	156,244,550
Accumulated depreciation
Accumulated depreciation, Balance at beginning of year	(3,755,709)	(93,433)
Depreciation expense		(3,936,239)
Asset disposals		273,963
Accumulated depreciation, Balance at end of year	(14,855,188)	$ (3,755,709)
Depreciation expense and impact of foreign exchange rate changes	$ (11,099,479)

Summary of Purchase Price Alloc

Summary of Purchase Price Allocation for Acquisitions (Detail) - USD ($)		12 Months Ended
		Dec. 31, 2016		Dec. 31, 2015
Business Acquisition [Line Items]
Real Estate Assets		$ 563,278,685		$ 132,500,464
Intangibles		19,933,962		8,065,785
Total		583,212,647		140,566,249
Debt Issued or Assumed		233,586,877		71,295,000
Revenue		22,181,984	[1]	14,884,030	[2]
Property Operating Income	[3]	$ 13,250,634		$ 8,518,797
Boynton Beach | Florida
Business Acquisition [Line Items]
Acquisition Date		Jan. 7, 2016
Real Estate Assets		$ 17,216,308
Intangibles		683,692
Total		17,900,000
Debt Issued or Assumed		0
Revenue	[1]	1,380,868
Property Operating Income	[3]	$ 831,069
Lancaster | California
Business Acquisition [Line Items]
Acquisition Date				Jan. 29, 2015
Real Estate Assets				$ 1,716,875
Intangibles				90,000
Total				1,806,875
Debt Issued or Assumed				1,140,000
Revenue	[2]			411,394
Property Operating Income	[3]			$ 174,715
Lancaster | California | Property Two
Business Acquisition [Line Items]
Acquisition Date		Jan. 11, 2016
Real Estate Assets		$ 4,381,816
Intangibles		268,184
Total		4,650,000
Debt Issued or Assumed		0
Revenue	[1]	633,864
Property Operating Income	[3]	$ 367,208
Milton | Canada
Business Acquisition [Line Items]
Acquisition Date	[4]	Feb. 11, 2016
Real Estate Assets	[4]	$ 9,382,679
Intangibles	[4]	435,162
Total	[4]	9,817,841
Debt Issued or Assumed	[4]	4,820,717
Revenue	[1],[4]	801,638
Property Operating Income	[3],[4]	$ 462,423
Burlington | Canada | Property One
Business Acquisition [Line Items]
Acquisition Date	[4]	Feb. 11, 2016
Real Estate Assets	[4]	$ 13,572,128
Intangibles	[4]	617,940
Total	[4]	14,190,068
Debt Issued or Assumed	[4]	6,917,253
Revenue	[1],[4]	894,067
Property Operating Income	[3],[4]	$ 489,001
Burlington | Canada | Property Two
Business Acquisition [Line Items]
Acquisition Date	[4]	Feb. 29, 2016
Real Estate Assets	[4]	$ 8,069,874
Intangibles	[4]	383,109
Total	[4]	8,452,983
Debt Issued or Assumed	[4]	4,962,733
Revenue	[1],[4]	639,781
Property Operating Income	[3],[4]	$ 385,012
Oakville | Canada | Property One
Business Acquisition [Line Items]
Acquisition Date	[4]	Feb. 11, 2016
Real Estate Assets	[4]	$ 15,727,673
Intangibles	[4]	0
Total	[4]	15,727,673
Debt Issued or Assumed	[4]	7,243,413
Revenue	[1],[4]	192,250
Property Operating Income	[3],[4]	$ (138,177)
Oakville | Canada | Property Two
Business Acquisition [Line Items]
Acquisition Date	[4]	Feb. 29, 2016
Real Estate Assets	[4]	$ 12,329,590
Intangibles	[4]	584,295
Total	[4]	12,913,885
Debt Issued or Assumed	[4]	7,392,762
Revenue	[1],[4]	873,172
Property Operating Income	[3],[4]	$ 547,559
Xenia | Ohio
Business Acquisition [Line Items]
Acquisition Date		Apr. 20, 2016
Real Estate Assets		$ 2,940,185
Intangibles		207,622
Total		3,147,807
Debt Issued or Assumed		0
Revenue	[1]	320,574
Property Operating Income	[3]	$ 186,670
Sidney | Ohio
Business Acquisition [Line Items]
Acquisition Date		Apr. 20, 2016
Real Estate Assets		$ 2,061,595
Intangibles		140,896
Total		2,202,491
Debt Issued or Assumed		0
Revenue	[1]	239,177
Property Operating Income	[3]	$ 107,612
Troy | Ohio
Business Acquisition [Line Items]
Acquisition Date		Apr. 20, 2016
Real Estate Assets		$ 2,746,676
Intangibles		176,984
Total		2,923,660
Debt Issued or Assumed		0
Revenue	[1]	323,562
Property Operating Income	[3]	$ 183,352
Troy | Michigan
Business Acquisition [Line Items]
Acquisition Date				May 8, 2015
Real Estate Assets				$ 4,416,875
Intangibles				400,000
Total				4,816,875
Debt Issued or Assumed				2,880,000
Revenue	[2]			343,136
Property Operating Income	[3]			$ 190,639
Greenville | Ohio
Business Acquisition [Line Items]
Acquisition Date		Apr. 20, 2016
Real Estate Assets		$ 1,992,064
Intangibles		132,462
Total		2,124,526
Debt Issued or Assumed		0
Revenue	[1]	232,716
Property Operating Income	[3]	$ 113,902
Washington Court House | Ohio
Business Acquisition [Line Items]
Acquisition Date		Apr. 20, 2016
Real Estate Assets		$ 2,137,658
Intangibles		172,033
Total		2,309,691
Debt Issued or Assumed		0
Revenue	[1]	267,877
Property Operating Income	[3]	$ 146,595
Richmond | Indiana
Business Acquisition [Line Items]
Acquisition Date		Apr. 20, 2016
Real Estate Assets		$ 3,167,538
Intangibles		194,671
Total		3,362,209
Debt Issued or Assumed		0
Revenue	[1]	334,750
Property Operating Income	[3]	$ 170,187
Connersville | Indiana
Business Acquisition [Line Items]
Acquisition Date		Apr. 20, 2016
Real Estate Assets		$ 1,807,824
Intangibles		121,792
Total		1,929,616
Debt Issued or Assumed		0
Revenue	[1]	224,183
Property Operating Income	[3]	$ 101,140
Port St. Lucie | Florida | Property One
Business Acquisition [Line Items]
Acquisition Date		Apr. 29, 2016
Real Estate Assets		$ 8,929,360
Intangibles		370,640
Total		9,300,000
Debt Issued or Assumed		0
Revenue	[1]	520,274
Property Operating Income	[3]	$ 248,884
Port St. Lucie | Florida | Property Two
Business Acquisition [Line Items]
Acquisition Date		Jun. 1, 2016
Real Estate Assets		$ 13,541,095
Intangibles		518,868
Total		14,059,963
Debt Issued or Assumed		7,280,380
Revenue	[1]	609,242
Property Operating Income	[3]	$ 311,291
Sacramento | California
Business Acquisition [Line Items]
Acquisition Date		May 9, 2016
Real Estate Assets		$ 7,821,975
Intangibles		328,025
Total		8,150,000
Debt Issued or Assumed		0
Revenue	[1]	485,624
Property Operating Income	[3]	$ 209,183
Oakland | California
Business Acquisition [Line Items]
Acquisition Date		May 18, 2016
Real Estate Assets		$ 12,613,636
Intangibles		501,197
Total		13,114,833
Debt Issued or Assumed		5,315,948
Revenue	[1]	759,385
Property Operating Income	[3]	$ 412,947
Concord | California
Business Acquisition [Line Items]
Acquisition Date		May 18, 2016
Real Estate Assets		$ 36,292,871
Intangibles		1,202,494
Total		37,495,365
Debt Issued or Assumed		14,684,052
Revenue	[1]	1,680,111
Property Operating Income	[3]	$ 1,102,628
Pompano Beach | Florida
Business Acquisition [Line Items]
Acquisition Date		Jun. 1, 2016
Real Estate Assets		$ 20,603,718
Intangibles		682,764
Total		21,286,482
Debt Issued or Assumed		13,714,676
Revenue	[1]	813,850
Property Operating Income	[3]	$ 497,015
Lake Worth | Florida
Business Acquisition [Line Items]
Acquisition Date		Jun. 1, 2016
Real Estate Assets		$ 22,912,381
Intangibles		672,074
Total		23,584,455
Debt Issued or Assumed		11,089,560
Revenue	[1]	850,056
Property Operating Income	[3]	$ 551,889
Jupiter | Florida
Business Acquisition [Line Items]
Acquisition Date		Jun. 1, 2016
Real Estate Assets		$ 26,586,715
Intangibles		847,852
Total		27,434,567
Debt Issued or Assumed		12,469,383
Revenue	[1]	1,027,609
Property Operating Income	[3]	$ 699,721
Royal Palm Beach | Florida
Business Acquisition [Line Items]
Acquisition Date		Jun. 1, 2016
Real Estate Assets		$ 24,700,716
Intangibles		839,031
Total		25,539,747
Debt Issued or Assumed		12,097,235
Revenue	[1]	932,729
Property Operating Income	[3]	$ 599,065
Wellington | Florida
Business Acquisition [Line Items]
Acquisition Date		Jun. 1, 2016
Real Estate Assets		$ 21,896,312
Intangibles		781,048
Total		22,677,360
Debt Issued or Assumed		10,644,805
Revenue	[1]	840,932
Property Operating Income	[3]	$ 540,030
Doral | Florida
Business Acquisition [Line Items]
Acquisition Date		Jun. 1, 2016
Real Estate Assets		$ 22,820,702
Intangibles		773,831
Total		23,594,533
Debt Issued or Assumed		12,081,860
Revenue	[1]	845,835
Property Operating Income	[3]	$ 522,374
Plantation | Florida
Business Acquisition [Line Items]
Acquisition Date		Jun. 1, 2016
Real Estate Assets		$ 32,213,998
Intangibles		1,036,052
Total		33,250,050
Debt Issued or Assumed		15,624,241
Revenue	[1]	1,190,931
Property Operating Income	[3]	$ 806,283
Naples | Florida
Business Acquisition [Line Items]
Acquisition Date		Jun. 1, 2016
Real Estate Assets		$ 24,560,390
Intangibles		737,465
Total		25,297,855
Debt Issued or Assumed		13,504,110
Revenue	[1]	858,655
Property Operating Income	[3]	$ 621,830
Delray | Florida
Business Acquisition [Line Items]
Acquisition Date		Jun. 1, 2016
Real Estate Assets		$ 30,080,319
Intangibles		992,704
Total		31,073,023
Debt Issued or Assumed		11,160,313
Revenue	[1]	1,139,020
Property Operating Income	[3]	$ 775,964
Baltimore | Maryland
Business Acquisition [Line Items]
Acquisition Date		Jun. 1, 2016
Real Estate Assets		$ 26,325,715
Intangibles		776,250
Total		27,101,965
Debt Issued or Assumed		15,333,437
Revenue	[1]	987,789
Property Operating Income	[3]	$ 665,997
Sonoma | California
Business Acquisition [Line Items]
Acquisition Date		Jun. 14, 2016
Real Estate Assets		$ 7,148,092
Intangibles		276,908
Total		7,425,000
Debt Issued or Assumed		0
Revenue	[1]	329,208
Property Operating Income	[3]	$ 174,641
Las Vegas I | Nevada
Business Acquisition [Line Items]
Acquisition Date		Jul. 28, 2016
Real Estate Assets		$ 13,509,112
Intangibles		425,888
Total		13,935,000
Debt Issued or Assumed		0
Revenue	[1]	434,740
Property Operating Income	[3]	$ 292,195
Las Vegas II | Nevada
Business Acquisition [Line Items]
Acquisition Date		Sep. 23, 2016
Real Estate Assets		$ 13,757,025
Intangibles		442,975
Total		14,200,000
Debt Issued or Assumed		0
Revenue	[1]	261,704
Property Operating Income	[3]	$ 163,354
Las Vegas III | Nevada
Business Acquisition [Line Items]
Acquisition Date		Sep. 27, 2016
Real Estate Assets		$ 8,904,522
Intangibles		345,478
Total		9,250,000
Debt Issued or Assumed		0
Revenue	[1]	218,952
Property Operating Income	[3]	$ 136,518
Asheville I | North Carolina
Business Acquisition [Line Items]
Acquisition Date		Dec. 30, 2016
Real Estate Assets		$ 14,793,279
Intangibles		450,775
Total		15,244,054
Debt Issued or Assumed		7,143,593
Revenue	[1]	5,600
Property Operating Income	[3]	$ (1,852)
Asheville II | North Carolina
Business Acquisition [Line Items]
Acquisition Date		Dec. 30, 2016
Real Estate Assets		$ 4,872,280
Intangibles		206,656
Total		5,078,936
Debt Issued or Assumed		3,250,087
Revenue	[1]	2,649
Property Operating Income	[3]	$ (3,431)
Hendersonville I | North Carolina
Business Acquisition [Line Items]
Acquisition Date		Dec. 30, 2016
Real Estate Assets		$ 4,522,751
Intangibles		163,926
Total		4,686,677
Debt Issued or Assumed		2,243,715
Revenue	[1]	1,900
Property Operating Income	[3]	$ (3,370)
Asheville III | North Carolina
Business Acquisition [Line Items]
Acquisition Date		Dec. 30, 2016
Real Estate Assets		$ 9,716,847
Intangibles		351,277
Total		10,068,124
Debt Issued or Assumed		4,677,156
Revenue	[1]	3,677
Property Operating Income	[3]	$ (2,616)
Arden | North Carolina
Business Acquisition [Line Items]
Acquisition Date		Dec. 30, 2016
Real Estate Assets		$ 12,055,859
Intangibles		443,676
Total		12,499,535
Debt Issued or Assumed		6,557,917
Revenue	[1]	4,599
Property Operating Income	[3]	$ (1,696)
Asheville IV | North Carolina
Business Acquisition [Line Items]
Acquisition Date		Dec. 30, 2016
Real Estate Assets		$ 9,013,256
Intangibles		317,301
Total		9,330,557
Debt Issued or Assumed		4,413,190
Revenue	[1]	3,275
Property Operating Income	[3]	$ (6,621)
Asheville V | North Carolina
Business Acquisition [Line Items]
Acquisition Date		Dec. 30, 2016
Real Estate Assets		$ 10,241,097
Intangibles		350,841
Total		10,591,938
Debt Issued or Assumed		5,073,106
Revenue	[1]	3,976
Property Operating Income	[3]	$ (2,710)
Asheville VI | North Carolina
Business Acquisition [Line Items]
Acquisition Date		Dec. 30, 2016
Real Estate Assets		$ 6,427,572
Intangibles		275,104
Total		6,702,676
Debt Issued or Assumed		3,489,307
Revenue	[1]	2,995
Property Operating Income	[3]	$ (3,162)
Asheville VIII | North Carolina
Business Acquisition [Line Items]
Acquisition Date		Dec. 30, 2016
Real Estate Assets		$ 2,922,248
Intangibles		142,357
Total		3,064,605
Debt Issued or Assumed		1,592,048
Revenue	[1]	1,460
Property Operating Income	[3]	$ (4,284)
Hendersonville II | North Carolina
Business Acquisition [Line Items]
Acquisition Date		Dec. 30, 2016
Real Estate Assets		$ 7,927,820
Intangibles		312,430
Total		8,240,250
Debt Issued or Assumed		4,536,924
Revenue	[1]	3,685
Property Operating Income	[3]	$ (2,375)
Asheville VII | North Carolina
Business Acquisition [Line Items]
Acquisition Date		Dec. 30, 2016
Real Estate Assets		$ 7,634,934
Intangibles		249,233
Total		7,884,167
Debt Issued or Assumed		4,272,956
Revenue	[1]	3,043
Property Operating Income	[3]	$ (2,611)
Sweeten Creek Land | North Carolina
Business Acquisition [Line Items]
Acquisition Date		Dec. 30, 2016
Real Estate Assets		$ 348,480
Intangibles		0
Total		348,480
Debt Issued or Assumed		$ 0
Highland Center Land | North Carolina
Business Acquisition [Line Items]
Acquisition Date		Dec. 30, 2016
Real Estate Assets		$ 50,000
Intangibles		0
Total		50,000
Debt Issued or Assumed		$ 0
La Verne | California
Business Acquisition [Line Items]
Acquisition Date				Jan. 23, 2015
Real Estate Assets				$ 3,986,875
Intangibles				180,000
Total				4,166,875
Debt Issued or Assumed				2,370,000
Revenue	[2]			705,564
Property Operating Income	[3]			$ 444,668
Chico | California
Business Acquisition [Line Items]
Acquisition Date				Jan. 23, 2015
Real Estate Assets				$ 1,736,875
Intangibles				90,000
Total				1,826,875
Debt Issued or Assumed				1,230,000
Revenue	[2]			553,611
Property Operating Income	[3]			$ 313,050
Riverside | California
Business Acquisition [Line Items]
Acquisition Date				Jan. 23, 2015
Real Estate Assets				$ 2,696,875
Intangibles				110,000
Total				2,806,875
Debt Issued or Assumed				1,740,000
Revenue	[2]			862,574
Property Operating Income	[3]			$ 482,506
Fairfield | California
Business Acquisition [Line Items]
Acquisition Date				Jan. 23, 2015
Real Estate Assets				$ 3,676,875
Intangibles				250,000
Total				3,926,875
Debt Issued or Assumed				2,250,000
Revenue	[2]			621,060
Property Operating Income	[3]			$ 366,104
Littleton | Colorado
Business Acquisition [Line Items]
Acquisition Date				Jan. 23, 2015
Real Estate Assets				$ 4,136,875
Intangibles				210,000
Total				4,346,875
Debt Issued or Assumed				2,310,000
Revenue	[2]			568,008
Property Operating Income	[3]			$ 354,357
Crestwood | Illinois
Business Acquisition [Line Items]
Acquisition Date				Jan. 23, 2015
Real Estate Assets				$ 2,346,875
Intangibles				140,000
Total				2,486,875
Debt Issued or Assumed				1,650,000
Revenue	[2]			489,340
Property Operating Income	[3]			$ 246,268
Forestville | Maryland
Business Acquisition [Line Items]
Acquisition Date				Jan. 23, 2015
Real Estate Assets				$ 6,286,875
Intangibles				410,000
Total				6,696,875
Debt Issued or Assumed				3,870,000
Revenue	[2]			1,033,216
Property Operating Income	[3]			$ 716,896
Upland | California
Business Acquisition [Line Items]
Acquisition Date				Jan. 29, 2015
Real Estate Assets				$ 5,966,875
Intangibles				310,000
Total				6,276,875
Debt Issued or Assumed				3,540,000
Revenue	[2]			310,001
Property Operating Income	[3]			$ 134,707
Santa Rosa | California
Business Acquisition [Line Items]
Acquisition Date				Jan. 29, 2015
Real Estate Assets				$ 9,866,875
Intangibles				600,000
Total				10,466,875
Debt Issued or Assumed				5,760,000
Revenue	[2]			475,487
Property Operating Income	[3]			$ 258,042
Vallejo | California
Business Acquisition [Line Items]
Acquisition Date				Jan. 29, 2015
Real Estate Assets				$ 4,936,875
Intangibles				350,000
Total				5,286,875
Debt Issued or Assumed				3,360,000
Revenue	[2]			511,791
Property Operating Income	[3]			$ 293,887
Federal Heights | Colorado
Business Acquisition [Line Items]
Acquisition Date				Jan. 29, 2015
Real Estate Assets				$ 4,446,875
Intangibles				300,000
Total				4,746,875
Debt Issued or Assumed				2,550,000
Revenue	[2]			557,445
Property Operating Income	[3]			$ 348,501
Santa Ana | California
Business Acquisition [Line Items]
Acquisition Date				Feb. 5, 2015
Real Estate Assets				$ 8,896,875
Intangibles				380,000
Total				9,276,875
Debt Issued or Assumed				4,350,000
Revenue	[2]			1,149,866
Property Operating Income	[3]			$ 714,694
La Habra | California
Business Acquisition [Line Items]
Acquisition Date				Feb. 5, 2015
Real Estate Assets				$ 4,416,875
Intangibles				190,000
Total				4,606,875
Debt Issued or Assumed				2,340,000
Revenue	[2]			667,218
Property Operating Income	[3]			$ 428,452
Monterey Park | California
Business Acquisition [Line Items]
Acquisition Date				Feb. 5, 2015
Real Estate Assets				$ 4,236,875
Intangibles				190,000
Total				4,426,875
Debt Issued or Assumed				2,340,000
Revenue	[2]			482,731
Property Operating Income	[3]			$ 251,907
Huntington Beach | California
Business Acquisition [Line Items]
Acquisition Date				Feb. 5, 2015
Real Estate Assets				$ 10,316,875
Intangibles				560,000
Total				10,876,875
Debt Issued or Assumed				5,760,000
Revenue	[2]			841,183
Property Operating Income	[3]			$ 550,143
Lompoc | California
Business Acquisition [Line Items]
Acquisition Date				Feb. 5, 2015
Real Estate Assets				$ 3,746,875
Intangibles				290,000
Total				4,036,875
Debt Issued or Assumed				2,460,000
Revenue	[2]			508,933
Property Operating Income	[3]			$ 248,116
Aurora | Colorado
Business Acquisition [Line Items]
Acquisition Date				Feb. 5, 2015
Real Estate Assets				$ 6,716,875
Intangibles				620,000
Total				7,336,875
Debt Issued or Assumed				4,140,000
Revenue	[2]			503,657
Property Operating Income	[3]			$ 281,333
Everett | Washington
Business Acquisition [Line Items]
Acquisition Date				Feb. 5, 2015
Real Estate Assets				$ 4,966,875
Intangibles				230,000
Total				5,196,875
Debt Issued or Assumed				2,190,000
Revenue	[2]			476,990
Property Operating Income	[3]			$ 196,759
Whittier | California
Business Acquisition [Line Items]
Acquisition Date				Feb. 19, 2015
Real Estate Assets				$ 5,646,875
Intangibles				270,000
Total				5,916,875
Debt Issued or Assumed				3,330,000
Revenue	[2]			623,323
Property Operating Income	[3]			$ 333,470
Bloomingdale | Illinois
Business Acquisition [Line Items]
Acquisition Date				Feb. 19, 2015
Real Estate Assets				$ 4,666,874
Intangibles				330,000
Total				4,996,874
Debt Issued or Assumed				2,520,000
Revenue	[2]			323,982
Property Operating Income	[3]			$ 160,580
Warren | Michigan | Property One
Business Acquisition [Line Items]
Acquisition Date				May 8, 2015
Real Estate Assets				$ 3,196,875
Intangibles				240,000
Total				3,436,875
Debt Issued or Assumed				1,620,000
Revenue	[2]			328,826
Property Operating Income	[3]			$ 187,575
Warren | Michigan | Property Two
Business Acquisition [Line Items]
Acquisition Date				May 8, 2015
Real Estate Assets				$ 3,306,875
Intangibles				330,000
Total				3,636,875
Debt Issued or Assumed				2,040,000
Revenue	[2]			480,171
Property Operating Income	[3]			$ 311,680
Sterling Heights | Michigan
Business Acquisition [Line Items]
Acquisition Date				May 21, 2015
Real Estate Assets				$ 3,536,875
Intangibles				320,000
Total				3,856,875
Debt Issued or Assumed				2,190,000
Revenue	[2]			251,168
Property Operating Income	[3]			$ 114,146
Beverly | New Jersey
Business Acquisition [Line Items]
Acquisition Date				May 28, 2015
Real Estate Assets				$ 2,096,875
Intangibles				80,000
Total				2,176,875
Debt Issued or Assumed				1,365,000
Revenue	[2]			451,703
Property Operating Income	[3]			$ 229,891
Foley | Alabama
Business Acquisition [Line Items]
Acquisition Date				Sep. 11, 2015
Real Estate Assets				$ 7,556,000
Intangibles				409,000
Total				7,965,000
Debt Issued or Assumed				0
Revenue	[2]			290,184
Property Operating Income	[3]			$ 171,265
Tampa | Florida
Business Acquisition [Line Items]
Acquisition Date				Nov. 3, 2015
Real Estate Assets				$ 2,975,715
Intangibles				186,785
Total				3,162,500
Debt Issued or Assumed				0
Revenue	[2]			61,468
Property Operating Income	[3]			$ 14,446
[1]	The operating results of the facilities acquired above have been included in our consolidated statement of operations since their respective acquisition date.
[2]	The operating results of the facilities acquired above have been included in our statement of operations since their respective acquisition date.
[3]	Property operating income excludes corporate general and administrative expenses, asset management fees, interest expense, depreciation, amortization, and acquisition expenses.
[4]	Allocation based on CAD/USD exchange rates as of date of acquisition.

Real Estate Facilities - Additi

Real Estate Facilities - Additional Information (Detail)	3 Months Ended						12 Months Ended
	Dec. 31, 2016USD ($)Property	Sep. 30, 2016USD ($)	Jun. 30, 2016USD ($)	Mar. 31, 2016USD ($)	Dec. 31, 2015USD ($)Property	Sep. 30, 2015USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)
Business Acquisition [Line Items]
Acquisition fees incurred to the advisor							$ 10,200,000	$ 2,500,000
Increase/decrease in depreciation expense related to purchase price allocation		$ 10,000	$ 9,000	$ 9,000	$ (3,000)	$ (400)
Increase/decrease in amortization expense related to purchase price allocation		130,000	$ 120,000	$ 40,000	(8,000)	$ (2,000)
2015 Acquisitions
Business Acquisition [Line Items]
Increase (decrease) in purchase price allocation, intangible assets	$ 50,000	50,000			(6,100,000)
Increase/decrease in depreciation expense related to purchase price allocation	(10,000)	(5,000)			(130,000)
Increase/decrease in amortization expense related to purchase price allocation	10,000	(30,000)			450,000
2016 Acquisitions
Business Acquisition [Line Items]
Increase (decrease) in purchase price allocation, intangible assets	(400,000)
Increase/decrease in depreciation expense related to purchase price allocation	40,000
Increase/decrease in amortization expense related to purchase price allocation	$ 300,000
Number of properties purchase price allocation adjusted | Property	33
2014 Acquisitions
Business Acquisition [Line Items]
Increase (decrease) in purchase price allocation, intangible assets					(960,000)
Increase/decrease in depreciation expense related to purchase price allocation					(2,000)
Increase/decrease in amortization expense related to purchase price allocation					$ 180,000
Number of properties purchase price allocation adjusted | Property					5
Land | 2015 Acquisitions
Business Acquisition [Line Items]
Increase (decrease) in purchase price allocation, property, plant and equipment	$ (300,000)	(300,000)			$ 1,200,000
Land | 2016 Acquisitions
Business Acquisition [Line Items]
Increase (decrease) in purchase price allocation, property, plant and equipment	(600,000)
Land | 2014 Acquisitions
Business Acquisition [Line Items]
Increase (decrease) in purchase price allocation, property, plant and equipment					1,200,000
Site Improvements | 2015 Acquisitions
Business Acquisition [Line Items]
Increase (decrease) in purchase price allocation, property, plant and equipment	100,000	100,000			700,000
Site Improvements | 2016 Acquisitions
Business Acquisition [Line Items]
Increase (decrease) in purchase price allocation, property, plant and equipment	(1,100,000)
Site Improvements | 2014 Acquisitions
Business Acquisition [Line Items]
Increase (decrease) in purchase price allocation, property, plant and equipment					140,000
Buildings | 2015 Acquisitions
Business Acquisition [Line Items]
Increase (decrease) in purchase price allocation, property, plant and equipment	100,000	$ 100,000			4,200,000
Buildings | 2016 Acquisitions
Business Acquisition [Line Items]
Increase (decrease) in purchase price allocation, property, plant and equipment	$ 2,100,000
Buildings | 2014 Acquisitions
Business Acquisition [Line Items]
Increase (decrease) in purchase price allocation, property, plant and equipment					$ (380,000)

Summary of Consolidated Results

Summary of Consolidated Results of Operations on Pro Forma Basis (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Business Acquisition, Pro Forma Information [Abstract]
Pro forma revenue	$ 64,449,988	$ 60,935,092
Pro forma operating expenses	(60,171,072)	(68,720,237)
Pro forma net loss attributable to common stockholders	$ (10,170,334)	$ (28,318,064)

Pro Forma Financial Informati37

Pro Forma Financial Information - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Business Acquisition, Pro Forma Information [Abstract]
Pro forma acquisition related expenses	$ 13.5	$ 3.4

Schedule of Summarized Real Est

Schedule of Summarized Real Estate Secured Debt (Detail) - USD ($)		Jul. 28, 2016	Dec. 31, 2016		Dec. 31, 2015
Debt Instrument [Line Items]
Debt Instrument Carrying Amount			$ 321,356,435
Debt issuance costs, net			(1,550,410)		$ (2,128,806)
Total debt			320,820,740		23,029,775
Amended KeyBank Credit Facility
Debt Instrument [Line Items]
Debt Instrument Carrying Amount	[1]		$ 12,300,000		10,000,000
Debt Instrument Basis Spread On Variable Rate	[1]		2.87%
Debt Instrument Maturity Date	[1]		Dec. 22, 2018
Burlington I Variable Rate
Debt Instrument [Line Items]
Debt Instrument Carrying Amount	[2]		$ 2,242,880		0
Debt Instrument Basis Spread On Variable Rate	[2]		4.88%
Debt Instrument Maturity Date	[2]		Oct. 15, 2018
Oakville I Variable Rate
Debt Instrument [Line Items]
Debt Instrument Carrying Amount	[2]		$ 7,486,937		0
Debt Instrument Basis Spread On Variable Rate	[2]		4.45%
Debt Instrument Maturity Date	[2]		Dec. 31, 2017
Burlington II and Oakville II Variable Rate
Debt Instrument [Line Items]
Debt Instrument Carrying Amount	[2]		$ 12,232,378		0
Debt Instrument Basis Spread On Variable Rate	[2]		3.38%
Debt Instrument Maturity Date	[2]		Feb. 28, 2021
Midland North Carolina CMBS Loan
Debt Instrument [Line Items]
Debt Instrument Maturity Date	[3]		Aug. 1, 2024
Fixed Rate Secured Debt
Debt Instrument [Line Items]
Premium on secured debt, net			$ 2,069,847		799,396
Debt issuance costs, net			(2,605,542)		(207,462)
Total debt			310,820,740		23,029,775
Fixed Rate Secured Debt | Amended KeyBank Property Loan
Debt Instrument [Line Items]
Debt Instrument Carrying Amount	[4]		$ 92,753,550		0
Debt Instrument Basis Spread On Variable Rate	[4]		2.87%
Debt Instrument Maturity Date	[4]		Mar. 31, 2017
Fixed Rate Secured Debt | Raleigh Myrtle Beach Promissory Note
Debt Instrument [Line Items]
Debt Instrument Carrying Amount	[5]		$ 12,263,391		12,437,841
Debt Instrument Basis Spread On Variable Rate	[5]		5.73%
Debt Instrument Maturity Date	[5]		Sep. 1, 2023
Fixed Rate Secured Debt | Milton Fixed Rate
Debt Instrument [Line Items]
Debt Instrument Carrying Amount	[2]		$ 4,956,483		0
Debt Instrument Basis Spread On Variable Rate	[2]		5.81%
Debt Instrument Maturity Date	[2]		Oct. 15, 2018
Fixed Rate Secured Debt | Burlington I Fixed Rate
Debt Instrument [Line Items]
Debt Instrument Carrying Amount	[2]		$ 4,870,817		0
Debt Instrument Fixed Rate	[2]		5.98%
Debt Instrument Maturity Date	[2]		Oct. 15, 2018
Fixed Rate Secured Debt | Oakland and Concord Loan
Debt Instrument [Line Items]
Debt Instrument Carrying Amount	[6]		$ 20,000,000		0
Debt Instrument Basis Spread On Variable Rate	[6]		3.95%
Debt Instrument Maturity Date	[6]		Apr. 10, 2023
Fixed Rate Secured Debt | KeyBank CMBS Loan
Debt Instrument [Line Items]
Debt Instrument Carrying Amount	[7]		$ 95,000,000		0
Debt Instrument Basis Spread On Variable Rate	[7]		3.89%
Debt Instrument Fixed Rate		3.89%
Debt Instrument Maturity Date		Aug. 1, 2026	Aug. 1, 2026	[7]
Fixed Rate Secured Debt | Midland North Carolina CMBS Loan
Debt Instrument [Line Items]
Debt Instrument Carrying Amount	[3]		$ 47,249,999		0
Debt Instrument Basis Spread On Variable Rate	[3]		5.31%
Unsecured Debt | Amended KeyBank Subordinate Loan
Debt Instrument [Line Items]
Total debt	[8]		$ 10,000,000		$ 0
Debt Instrument Maturity Date	[8]		Mar. 31, 2017
Unsecured Debt | KeyBank Property Loan | Amended KeyBank Subordinate Loan
Debt Instrument [Line Items]
Debt Instrument Basis Spread On Variable Rate	[8]		6.25%
[1]	As of December 31, 2016, this facility encumbers fifteen properties (Xenia, Sidney, Troy, Greenville, Washington Court House, Richmond, Connersville, Vallejo, Port St. Lucie I, Sacramento, Sonoma, Las Vegas I, Las Vegas II, Las Vegas III, and Baltimore).
[2]	Canadian Dollar denominated loans. Variable rate loans are based on Canadian Prime, or the Canadian Dealer Offered Rate ("CDOR").
[3]	This loan encumbers 11 self storage properties (Asheville I, Arden, Asheville II, Hendersonville I, Asheville III, Asheville IV, Asheville V, Asheville VI, Asheville VII, Asheville VIII, and Hendersonville II) with monthly interest only payments until September, 2019, at which time both interest and principal payments will be due monthly.
[4]	As of December 31, 2016 this loan encumbers 10 properties (Pompano Beach, Lake Worth, Jupiter, Royal Palm Beach, Port St. Lucie II, Wellington, Doral, Plantation, Naples, and Delray).
[5]	Fixed rate debt with principal and interest payments due monthly. This promissory note is encumbered by five properties, Morrisville, Cary, Raleigh, Myrtle Beach I, and Myrtle Beach II.
[6]	This loan was assumed during the acquisition of the Oakland and Concord properties, along with an interest rate swap with USAmeriBank that fixes the interest rate at 3.95%.
[7]	This loan is encumbered by 29 properties (Whittier, La Verne, Santa Ana, Upland, La Habra, Monterey Park, Huntington Beach, Chico, Lancaster I, Riverside, Fairfield, Lompoc, Santa Rosa, Federal Heights, Aurora, Littleton, Bloomingdale, Crestwood, Forestville, Warren I, Sterling Heights, Troy, Warren II, Beverly, Everett, Foley, Tampa, Boynton Beach, and Lancaster II). The separate assets and credit of these encumbered properties are not available to pay our other debts.
[8]	The Amended KeyBank Subordinate Loan is unsecured.

Schedule of Summarized Real E39

Schedule of Summarized Real Estate Secured Debt (Parenthetical) (Detail)	Dec. 31, 2016Property
Debt [Member] | Amended KeyBank Credit Facility
Debt Instrument [Line Items]
Number of properties encumbered	15
Raleigh Myrtle Beach Promissory Note | Fixed Rate Secured Debt
Debt Instrument [Line Items]
Number of properties encumbered	5
Oakland and Concord Loan | Fixed Rate Secured Debt | Interest Rate Swap [Member]
Debt Instrument [Line Items]
Fixed interest rate	3.95%
KeyBank CMBS Loan | Fixed Rate Secured Debt
Debt Instrument [Line Items]
Number of properties encumbered	29
Midland North Carolina CMBS Loan | Fixed Rate Secured Debt
Debt Instrument [Line Items]
Number of properties encumbered	11
KeyBank Property Loan
Debt Instrument [Line Items]
Number of properties encumbered	10

Debt - Additional Information (

Debt - Additional Information (Detail)

Mar. 30, 2017

Mar. 08, 2017USD ($)

Dec. 29, 2016USD ($)

Jul. 28, 2016USD ($)Entity

Jun. 01, 2016USD ($)

Mar. 25, 2016USD ($)Property

Feb. 01, 2017Property

Dec. 31, 2016USD ($)Property

Dec. 28, 2016

Mar. 29, 2017

Dec. 31, 2016USD ($)PropertyExtension

Dec. 31, 2015USD ($)

Dec. 31, 2014USD ($)

Mar. 31, 2017USD ($)

Mar. 09, 2017USD ($)

Dec. 31, 2016CADProperty

Dec. 30, 2016USD ($)

Feb. 18, 2016USD ($)

Dec. 22, 2015USD ($)

Debt Instrument [Line Items]

Principal payments on debt

$ 147,246,450

$ 61,981,167

$ 0

Guarantees provided in connection with loans

$ 38,600,000

$ 38,600,000

Notional amount for interest rate swap | CAD

CAD 42,500,000

KeyBank Property Loan

Debt Instrument [Line Items]

Number of properties encumbered | Property

10

10

10

Potential Acquisition of 27 Property Portfolio

Debt Instrument [Line Items]

Number of self storage facilities | Property

22

Loans Payable [Member]

Debt Instrument [Line Items]

Outstanding principal amount

$ 92,800,000

Loans Payable [Member] | KeyBank Subordinate Loan [Member]

Debt Instrument [Line Items]

Outstanding principal amount

$ 30,000,000

Maturity date of loan

Dec. 31, 2016

Loans Payable [Member] | KeyBank Property Loan

Debt Instrument [Line Items]

Outstanding principal amount

$ 105,000,000

Maturity date of loan

Dec. 31, 2016

Line of credit facility, interest rate description

A Eurodollar Borrowing bears interest at the lesser of (a) the Adjusted LIBO Rate (as defined in the Amended Property Loan Agreement) for the Interest Period in effect plus the Applicable Rate, or (b) the Maximum Rate (as defined in the Amended Property Loan Agreement). The Applicable Rate means 225 basis points for any Eurodollar Borrowing and 125 basis points for any ABR Borrowing.

Minimum interest service coverage ratio

1.85%

Minimum fixed charge ratio

1.60%

Threshold percentage for ratio of variable rate indebtedness to total indebtedness.

30.00%

Pool Debt Yield

10.50%

Minimum net worth maintained

$ 260,000,000

Percentage of net proceeds of equity received

85.00%

Loans Payable [Member] | KeyBank Property Loan | Maximum

Debt Instrument [Line Items]

Total leverage ratio

60.00%

Percentage of required loan to value ratio

55.00%

Loans Payable [Member] | Amended KeyBank Property Loan

Debt Instrument [Line Items]

Maturity date of loan

Mar. 31, 2017

Dec. 31, 2016

Line of credit facility, interest rate description

A Eurodollar Borrowing bears interest at the lesser of (a) the Adjusted LIBO Rate (as defined in the Amended Subordinate Loan Agreement) for the Interest Period in effect plus the Applicable Rate, or (b) the Maximum Rate (as defined in the Amended Subordinate Loan Agreement). The Applicable Rate means 563 basis points for any Eurodollar Borrowing and 463 basis points for any ABR Borrowing.

Minimum interest service coverage ratio

1.85%

Minimum fixed charge ratio

1.60%

Threshold percentage for ratio of variable rate indebtedness to total indebtedness.

30.00%

30.00%

30.00%

Minimum net worth maintained

$ 260,000,000

$ 260,000,000

Percentage of net proceeds of equity received

85.00%

Loans Payable [Member] | Amended KeyBank Property Loan | Maximum

Debt Instrument [Line Items]

Total leverage ratio

60.00%

60.00%

60.00%

Loans Payable [Member] | Amended KeyBank Subordinate Loan

Debt Instrument [Line Items]

Principal payments on debt

$ 20,000,000

Outstanding principal amount

$ 10,000,000

$ 10,000,000

Maturity date of loan

Mar. 31, 2017

Dec. 31, 2016

Subsequent Event

Debt Instrument [Line Items]

Outstanding balance on credit facility

$ 56,000,000

$ 98,300,000

Maturity date of loan

May 1, 2017

Mar. 31, 2017

Number of self storage facilities | Property

6

Subsequent Event | Amended KeyBank Property Loan

Debt Instrument [Line Items]

Principal payments on debt

45,700,000

Outstanding principal amount

47,100,000

Subsequent Event | Amended KeyBank Subordinate Loan

Debt Instrument [Line Items]

Principal payments on debt

10,000,000

Subsequent Event | Loans Payable [Member] | Amended KeyBank Property Loan

Debt Instrument [Line Items]

Principal payments on debt

46,000,000

Subsequent Event | Loans Payable [Member] | Amended KeyBank Subordinate Loan

Debt Instrument [Line Items]

Principal payments on debt

10,000,000

First Phase | Potential Acquisition of 27 Property Portfolio

Debt Instrument [Line Items]

Purchase price of Property

$ 275,000,000

Operating Partnership

Debt Instrument [Line Items]

Notional amount for interest rate swap

$ 100,000,000

Strategic Storage Growth Operating Partnership [Member]

Debt Instrument [Line Items]

Number of special purpose entities | Entity

29

Fixed Rate Secured Debt | KeyBank CMBS Loan

Debt Instrument [Line Items]

Outstanding principal amount

$ 95,000,000

Maturity date of loan

Aug. 1, 2026

Aug. 1, 2026

[1]

Basis spread on variable rate

[1]

3.89%

Fixed rate of interest

3.89%

Number of properties encumbered | Property

29

29

29

Promissory Notes Payable One | KeyBank CMBS Loan

Debt Instrument [Line Items]

Outstanding principal amount

$ 70,000,000

Debt Instrument, Periodic Payment

Monthly payments due under the Promissory Notes are interest-only for the first five years and payments reflecting a 30-year amortizationschedule begin thereafter.

Promissory Notes Payable Two | KeyBank CMBS Loan

Debt Instrument [Line Items]

Outstanding principal amount

$ 25,000,000

Debt Instrument, Periodic Payment

Monthly payments due under the Promissory Notes are interest-only for the first five years and payments reflecting a 30-year amortizationschedule begin thereafter.

Eurodollar Loan | Loans Payable [Member] | KeyBank Subordinate Loan [Member]

Debt Instrument [Line Items]

Basis spread on variable rate

5.63%

Eurodollar Loan | Loans Payable [Member] | KeyBank Property Loan

Debt Instrument [Line Items]

Basis spread on variable rate

2.25%

ABR Loan | Loans Payable [Member] | KeyBank Subordinate Loan [Member]

Debt Instrument [Line Items]

Basis spread on variable rate

4.63%

ABR Loan | Loans Payable [Member] | KeyBank Property Loan

Debt Instrument [Line Items]

Basis spread on variable rate

1.25%

LIBOR | Operating Partnership

Debt Instrument [Line Items]

Effective interest rate swap on derivative instrument

3.75%

KeyBank Credit Facility

Debt Instrument [Line Items]

Maximum borrowings under credit facility

$ 71,300,000

Amended KeyBank Credit Facility

Debt Instrument [Line Items]

Outstanding balance on credit facility

$ 145,000,000

Maturity date of loan

[2]

Dec. 22, 2018

Maximum borrowings under credit facility

145,000,000

105,000,000

Potential maximum borrowings under credit facility

500,000,000

Increment in borrowing capacity

$ 10,000,000

Additional borrowing capacity

$ 40,000,000

Line of credit facility, initial term

3 years

Line of credit facility, maturity date

Dec. 22, 2018

Line of credit facility, term of extension options

1 year

Line of credit facility, number of extension options | Extension

2

Line of credit facility, description

The Amended KeyBank Credit Facility is a revolving loan with an initial term of three years, maturing on December 22, 2018, with two one-year extension options subject to certain conditions outlined further in the credit agreement for the Amended KeyBank Credit Facility (the "Amended Credit Agreement"). Payments due pursuant to the Amended KeyBank Credit Facility are interest-only for the first 36 months and a 30-year amortization schedule thereafter.

Line of credit facility amortization schedule

30 years

Line of credit facility interest-only period

36 months

Basis spread on variable rate

[2]

2.87%

Line of credit facility, interest rate description

The Eurodollar Loans bear interest at the lesser of (a) the Adjusted LIBO Rate (as defined in the Amended Credit Agreement) for the Interest Period in effect plus the Applicable Rate, or (b) the Maximum Rate (as defined in the Amended Credit Agreement). The Applicable Rate corresponds to our total leverage, as specified in the Amended Credit Agreement. For any ABR Loans, the Applicable Rate is 125 basis points if our total leverage is less than 50%, and 150 basis points if our leverage is greater than 50%. For any Eurodollar Loan, the Applicable Rate is 225 basis points if our total leverage is less than 50% and 250 basis points if our total leverage is greater than 50%.

Percent of collateral properties used for aggregate borrowing capacity

60.00%

Minimum debt service coverage ratio

1.35%

Total leverage ratio

60.00%

60.00%

60.00%

Percentage of net proceeds of equity received

80.00%

Minimum interest service coverage ratio

1.85%

Minimum fixed charge ratio

1.60%

Threshold percentage for ratio of variable rate indebtedness to total indebtedness.

30.00%

30.00%

30.00%

Percentage of required loan to value ratio

60.00%

Amended KeyBank Credit Facility | Subsequent Event

Debt Instrument [Line Items]

Outstanding balance on credit facility

$ 56,000,000

Amended KeyBank Credit Facility | Fixed Rate Secured Debt | Subsequent Event | Loans Payable [Member]

Debt Instrument [Line Items]

Outstanding balance on credit facility

$ 98,300,000

Amended KeyBank Credit Facility | Debt [Member]

Debt Instrument [Line Items]

Outstanding balance on credit facility

$ 12,300,000

$ 12,300,000

Number of properties encumbered | Property

15

15

15

Amended KeyBank Credit Facility | Eurodollar Loan | Loans with Total Leverage Less Than 50%

Debt Instrument [Line Items]

Basis spread on variable rate

2.25%

Amended KeyBank Credit Facility | Eurodollar Loan | Loans with Total Leverage Greater Than 50%

Debt Instrument [Line Items]

Basis spread on variable rate

2.50%

Amended KeyBank Credit Facility | ABR Loan | Loans with Total Leverage Less Than 50%

Debt Instrument [Line Items]

Basis spread on variable rate

1.25%

Amended KeyBank Credit Facility | ABR Loan | Loans with Total Leverage Greater Than 50%

Debt Instrument [Line Items]

Basis spread on variable rate

1.50%

[1]

This loan is encumbered by 29 properties (Whittier, La Verne, Santa Ana, Upland, La Habra, Monterey Park, Huntington Beach, Chico, Lancaster I, Riverside, Fairfield, Lompoc, Santa Rosa, Federal Heights, Aurora, Littleton, Bloomingdale, Crestwood, Forestville, Warren I, Sterling Heights, Troy, Warren II, Beverly, Everett, Foley, Tampa, Boynton Beach, and Lancaster II). The separate assets and credit of these encumbered properties are not available to pay our other debts.

[2]

As of December 31, 2016, this facility encumbers fifteen properties (Xenia, Sidney, Troy, Greenville, Washington Court House, Richmond, Connersville, Vallejo, Port St. Lucie I, Sacramento, Sonoma, Las Vegas I, Las Vegas II, Las Vegas III, and Baltimore).

Future Principal Payment Requir

Future Principal Payment Requirements on Outstanding Debt (Detail) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Long-term Debt, Fiscal Year Maturity
2,017	$ 110,873,322
2,018	25,138,980
2,019	1,158,012
2,020	1,612,418
2,021	13,215,861
2022 and thereafter	169,357,842
Total payments	321,356,435
Debt issuance costs, net	(1,550,410)	$ (2,128,806)
Total	320,820,740	23,029,775
Fixed Rate Secured Debt
Long-term Debt, Fiscal Year Maturity
Premium on secured debt, net	2,069,847	799,396
Debt issuance costs, net	(2,605,542)	(207,462)
Total	$ 310,820,740	$ 23,029,775

Preferred Equity - Additional I

Preferred Equity - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Nov. 03, 2014
Preferred Units [Line Items]
Redeemable preferred equity	$ 10,711,682	$ 1,223,483
Distribution description	The holders of the Preferred Units received current distributions (the “Current Distributions”) at a rate of a 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 had the obligation to elect either (A) to pay the holder of the Preferred Units additional distributions monthly in an amount equal to: (i) 4.35% per annum of the Liquidation Amount through March 31, 2017; and (ii) beginning April 1, 2017, 6.35% per annum of the Liquidation Amount or (B) defer the additional distributions (the “Deferred Distributions”) in an amount that accumulated monthly in an amount equal to (i) LIBOR plus 10.85% of the Deferred Distributions through March 31, 2017; and (ii) beginning April 1, 2017, LIBOR plus 12.85% of the Deferred Distributions.
Current Distributions
Preferred Units [Line Items]
Distribution rate	6.50%
Additional Distributions | March 31, 2017
Preferred Units [Line Items]
Distribution rate description	4.35% per annum of the Liquidation Amount
Distribution rate	4.35%
Additional Distributions | April 1, 2017
Preferred Units [Line Items]
Distribution rate description	6.35% per annum of the Liquidation Amount
Distribution rate	6.35%
Deferred Distributions | March 31, 2017
Preferred Units [Line Items]
Distribution rate	10.85%
Deferred Distributions | April 1, 2017
Preferred Units [Line Items]
Distribution rate	12.85%
LIBOR | Current Distributions
Preferred Units [Line Items]
Distribution rate description	LIBOR plus 6.5%
LIBOR | Deferred Distributions | March 31, 2017
Preferred Units [Line Items]
Distribution rate description	LIBOR plus 10.85%
LIBOR | Deferred Distributions | April 1, 2017
Preferred Units [Line Items]
Distribution rate description	LIBOR plus 12.85%
Raleigh/Myrtle Beach Portfolio | SSTI Preferred Investor LLC
Preferred Units [Line Items]
Preferred investor received			2,400,000
Preferred investor investment in operating partnership			$ 59,500,000
Unit Purchase Agreement
Preferred Units [Line Items]
Liquidation preference			$ 25
Unit Purchase Agreement | Maximum
Preferred Units [Line Items]
Redeemable preferred equity			$ 65,000,000
Preferred investor received			2,600,000

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($)	Oct. 01, 2015	Aug. 31, 2014	Dec. 31, 2016	Mar. 31, 2016
Related Party Transaction [Line Items]
Maximum period for reimbursement of offering cost			60 days
Maximum offering cost rate			3.50%
Percentage of non-voting equity owned		15.00%
Canada | Tenant Reinsurance [Member]
Related Party Transaction [Line Items]
Business acquisition, percentage of net revenue earned				50.00%
Advisory Agreement
Related Party Transaction [Line Items]
Maximum period for reimbursement of offering cost			60 days
Maximum offering cost rate			3.50%
Gross proceeds from offering, threshold percentage of expenses for reimbursement			15.00%
Rate of acquisition fees of purchase price of contract			1.75%
Monthly asset management fee			0.05208%
Monthly asset management fee one twelfth of less than one percentage of average invested assets			One-twelfth of 0.625%
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
Percentage owned by affiliate			2.50%
Advisory Agreement | Maximum
Related Party Transaction [Line Items]
Commission percentage of sale price of property			6.00%
Dealer Manager
Related Party Transaction [Line Items]
Maximum dealer manager commission fee percentage of proceeds from Primary Offering			3.00%
Underwriting commission			10.00%
Dealer Manager | Class A Common stock
Related Party Transaction [Line Items]
Sale commission fees percentage of proceed from Primary Offering			7.00%
Dealer Manager | Class T Common stock
Related Party Transaction [Line Items]
Sale commission fees percentage of proceed from Primary Offering			2.00%
Monthly stockholder servicing fee accrual description			accrues daily in an amount equal to 1/365th of 1% of the purchase price per share
Primary Offering Dealer Manager Agreement | Class A Common stock
Related Party Transaction [Line Items]
Percentage of gross proceeds from sale of shares			10.00%
Primary Offering Dealer Manager Agreement | Class T Common stock
Related Party Transaction [Line Items]
Percentage of gross proceeds from sale of shares			10.00%
SmartStop Asset Management
Related Party Transaction [Line Items]
Percentage of non-voting equity owned	15.00%
Property Management Agreement
Related Party Transaction [Line Items]
Percentage of fee of property manager			6.00%
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
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.
Agreement date	Oct. 1, 2015
Property Management Agreement | Maximum
Related Party Transaction [Line Items]
Property management monthly management fee	$ 2,500
Property management monthly management fee percentage on gross revenue	6.00%
Signage and set-up costs associated with converting each property to extra space brand	$ 25,000
Property Management Agreement | Minimum
Related Party Transaction [Line Items]
Our property management fee			$ 3,000
Strategic Storage Trust Sub Property Management Limited Liability Company
Related Party Transaction [Line Items]
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.
Strategic Storage Trust Sub Property Management Limited Liability Company | Maximum
Related Party Transaction [Line Items]
Property management monthly management fee	$ 2,500
Property management monthly management fee percentage on gross revenue	6.00%
Property Manager | Canada
Related Party Transaction [Line Items]
Business acquisition, percentage of net revenue earned				50.00%

Summary of Related Party Costs

Summary of Related Party Costs (Detail) - USD ($)		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015
Related Party Transaction [Line Items]
Related party costs, Incurred		$ 48,646,868	$ 25,164,607
Related party costs, Paid		45,677,116	29,280,359
Related party costs, Payable		3,178,235	208,483
Operating expenses (including organizational costs)
Related Party Transaction [Line Items]
Related party costs, Incurred		735,891	1,200,003
Related party costs, Paid		777,354	1,988,533
Related party costs, Payable		6,508	47,971
Asset management fees
Related Party Transaction [Line Items]
Related party costs, Incurred		2,970,846	865,757
Related party costs, Paid		2,970,846	888,011
Related party costs, Payable		0	0
Property management fees
Related Party Transaction [Line Items]
Related party costs, Incurred	[1]	2,752,862	1,259,135
Related party costs, Paid	[1]	2,752,862	1,306,422
Related party costs, Payable	[1]	0	0
Acquisition expenses
Related Party Transaction [Line Items]
Related party costs, Incurred		10,729,535	2,776,679
Related party costs, Paid		10,729,535	3,479,712
Related party costs, Payable		0	0
Debt issuance costs
Related Party Transaction [Line Items]
Related party costs, Incurred		0	214,006
Related party costs, Paid		0	655,879
Related party costs, Payable		0	0
Other assets
Related Party Transaction [Line Items]
Related party costs, Incurred		0	77,556
Related party costs, Paid		0	539,048
Related party costs, Payable		0	0
Selling commissions
Related Party Transaction [Line Items]
Related party costs, Incurred		21,141,748	14,761,271
Related party costs, Paid		21,141,748	14,761,271
Related party costs, Payable		0	0
Dealer manager fee
Related Party Transaction [Line Items]
Related party costs, Incurred		6,573,962	3,690,318
Related party costs, Paid		6,573,760	3,535,685
Related party costs, Payable		160,714	160,512
Offering costs
Related Party Transaction [Line Items]
Related party costs, Incurred		444,719	319,882
Related party costs, Paid		444,719	2,125,798
Related party costs, Payable		0	0
Stockholder servicing fee
Related Party Transaction [Line Items]
Related party costs, Incurred	[2]	3,297,305	0
Related party costs, Paid	[2]	286,292	0
Related party costs, Payable	[2]	$ 3,011,013	$ 0
[1]	During the years ended December 31, 2016 and 2015, property management fees included approximately $2.2 million and $0.3 million of fees paid to the sub-property manager of our properties.
[2]	The Company pays our Dealer Manager 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.

Summary of Related Party Cost45

Summary of Related Party Costs (Parenthetical) (Detail) - USD ($)		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015
Related Party Transaction [Line Items]
Related party costs, Incurred		$ 48,646,868	$ 25,164,607
Dealer Manager | Class T Common stock
Related Party Transaction [Line Items]
Monthly stockholder servicing fee accrual description		accrues daily in an amount equal to 1/365th of 1% of the purchase price per share
Property management fees
Related Party Transaction [Line Items]
Related party costs, Incurred	[1]	$ 2,752,862	1,259,135
Property management fees | Sub-property manager
Related Party Transaction [Line Items]
Related party costs, Incurred		$ 2,200,000	$ 300,000
[1]	During the years ended December 31, 2016 and 2015, property management fees included approximately $2.2 million and $0.3 million of fees paid to the sub-property manager of our properties.

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) - USD ($)	Jan. 31, 2017	Jan. 31, 2017	Jan. 31, 2016	Jul. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Apr. 21, 2016
Commitments and Contingencies [Line Items]
Redemptions of common stock, value					$ 112	$ 1
Subsequent Event
Commitments and Contingencies [Line Items]
Redemptions of common stock, value		$ 200,000
Share Redemption Program
Commitments and Contingencies [Line Items]
Amendment, suspension or termination period of share					30 days
Maximum weighted-average number of shares outstanding percentage					5.00%
Redemptions of common stock (in shares)					138,000	2,850
Redemptions of common stock, value			$ 10,000	$ 17,000	$ 1,300,000	$ 27,000
Share Redemption Program | Minimum
Commitments and Contingencies [Line Items]
Shareholders share holding period					1 year
Share Redemption Program | Subsequent Event
Commitments and Contingencies [Line Items]
Redemptions of common stock, value	$ 200,000
Distribution Reinvestment Plan
Commitments and Contingencies [Line Items]
Amendment, suspension or termination period for distribution reinvestment Plan					10 days
Estimated value per share under distribution reinvestment plan							$ 10.09
Sales commission or dealer manager fee payable					$ 0
Class A Common stock | Distribution Reinvestment Plan
Commitments and Contingencies [Line Items]
Shares issued pursuant to distribution reinvestment plan					1,100,000
Class T Common stock | Distribution Reinvestment Plan
Commitments and Contingencies [Line Items]
Shares issued pursuant to distribution reinvestment plan					84,000
Redeemable Common Stock [Member]
Commitments and Contingencies [Line Items]
Redemptions of common stock, value					$ 1,302,463	$ 27,320
Redeemable Common Stock [Member] | Share Redemption Program
Commitments and Contingencies [Line Items]
Redemptions of common stock, value					$ 1,100,000

Stock for Redemptions Based on

Stock for Redemptions Based on Number of Years Stock Held (Detail)	12 Months Ended
	Dec. 31, 2016
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%

Declaration of Distributions -

Declaration of Distributions - Additional Information (Detail)	Dec. 20, 2016$ / shares
Class A Common stock
Dividend Declared [Line Items]
Common stock per share outstanding per day declared	$ 0.0016438356
Cash distribution record date start	Jan. 1, 2017
Cash distribution record date end	Mar. 31, 2017
Class T Common stock
Dividend Declared [Line Items]
Common stock per share outstanding per day declared	$ 0.0016438356
Cash distribution record date start	Jan. 1, 2017
Cash distribution record date end	Mar. 31, 2017

Selected Quarterly Data - Summa

Selected Quarterly Data - Summary of Quarterly Financial Information (Detail) - USD ($)	3 Months Ended										12 Months Ended
	Dec. 31, 2016	[1]	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	[2]	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Schedule Of Quarterly Financial Information [Line Items]
Total revenues	$ 14,939,818		$ 14,457,550	$ 9,799,189	$ 6,234,589	$ 5,356,983		$ 5,053,724	$ 4,488,212	$ 3,006,780	$ 45,431,146	$ 17,905,699	$ 465,345
Total operating expenses	15,830,901		15,753,103	18,708,719	10,048,926	5,454,605		5,989,195	5,613,146	5,925,633	60,341,649	22,982,579	2,722,210
Operating loss	(891,083)		(1,295,553)	(8,909,530)	(3,814,337)	(97,622)		(935,471)	(1,124,934)	(2,918,853)	(14,910,503)	(5,076,880)	(2,256,865)
Net loss	(4,524,376)		(6,341,069)	(10,729,510)	(4,508,654)	(1,511,945)		(1,854,575)	(1,990,815)	(3,580,205)	(26,103,609)	(8,937,541)	(2,361,585)
Net loss attributable to common stockholders	$ (4,522,696)		$ (6,338,356)	$ (10,724,129)	$ (4,505,204)	$ (2,534,121)		$ (3,739,454)	$ (4,037,637)	$ (4,979,729)	$ (26,090,385)	$ (15,290,941)	$ (2,396,385)
Class A Common stock
Schedule Of Quarterly Financial Information [Line Items]
Net loss per share-basic and diluted	$ (0.09)		$ (0.14)	$ (0.27)	$ (0.17)	$ (0.18)		$ (0.82)	$ (1.36)	$ (2.26)	$ (0.65)	$ (2.56)	$ (4.59)
Class T Common stock
Schedule Of Quarterly Financial Information [Line Items]
Net loss per share-basic and diluted	$ (0.09)		$ (0.14)	$ (0.27)	$ (0.17)	$ (0.18)		$ 0	$ 0	$ 0	$ (0.65)	$ (2.56)	$ 0
[1]	Includes a net decrease of approximately $0.3 million of depreciation and amortization expense related to the finalization of purchase price allocations.
[2]	Includes a net decrease of approximately $500,000 of depreciation and amortization expense related to the finalization of purchase price allocations.

Selected Quarterly Data - Sum50

Selected Quarterly Data - Summary of Quarterly Financial Information (Parenthetical) (Detail) - USD ($)	3 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
Net decrease in depreciation and amortization expense	$ 300,000	$ 500,000

Selected Quarterly Data - Addit

Selected Quarterly Data - Additional Information (Detail)	3 Months Ended
	Dec. 31, 2016USD ($)Property	Sep. 30, 2016USD ($)	Jun. 30, 2016USD ($)	Mar. 31, 2016USD ($)	Dec. 31, 2015USD ($)Property	Sep. 30, 2015USD ($)
Schedule Of Quarterly Financial Information [Line Items]
Increase/decrease in amortization expense related to purchase price allocation		$ 10,000	$ 9,000	$ 9,000	$ (3,000)	$ (400)
Increase (decrease) in amortization expense related to purchase price allocation		130,000	$ 120,000	$ 40,000	(8,000)	$ (2,000)
2014 Acquisitions
Schedule Of Quarterly Financial Information [Line Items]
Increase (decrease) in purchase price allocation, intangible assets					(960,000)
Increase/decrease in amortization expense related to purchase price allocation					(2,000)
Increase (decrease) in amortization expense related to purchase price allocation					$ 180,000
Number of properties | Property					5
2015 Acquisitions
Schedule Of Quarterly Financial Information [Line Items]
Increase (decrease) in purchase price allocation, intangible assets	$ 50,000	50,000			$ (6,100,000)
Increase/decrease in amortization expense related to purchase price allocation	(10,000)	(5,000)			(130,000)
Increase (decrease) in amortization expense related to purchase price allocation	10,000	(30,000)			450,000
2016 Acquisitions
Schedule Of Quarterly Financial Information [Line Items]
Increase (decrease) in purchase price allocation, intangible assets	(400,000)
Increase/decrease in amortization expense related to purchase price allocation	40,000
Increase (decrease) in amortization expense related to purchase price allocation	$ 300,000
Number of properties | Property	33
Land | 2014 Acquisitions
Schedule Of Quarterly Financial Information [Line Items]
Increase (decrease) in purchase price allocation, property, plant and equipment					1,200,000
Land | 2015 Acquisitions
Schedule Of Quarterly Financial Information [Line Items]
Increase (decrease) in purchase price allocation, property, plant and equipment	$ (300,000)	(300,000)			1,200,000
Land | 2016 Acquisitions
Schedule Of Quarterly Financial Information [Line Items]
Increase (decrease) in purchase price allocation, property, plant and equipment	(600,000)
Site Improvements | 2014 Acquisitions
Schedule Of Quarterly Financial Information [Line Items]
Increase (decrease) in purchase price allocation, property, plant and equipment					140,000
Site Improvements | 2015 Acquisitions
Schedule Of Quarterly Financial Information [Line Items]
Increase (decrease) in purchase price allocation, property, plant and equipment	100,000	100,000			700,000
Site Improvements | 2016 Acquisitions
Schedule Of Quarterly Financial Information [Line Items]
Increase (decrease) in purchase price allocation, property, plant and equipment	(1,100,000)
Buildings | 2014 Acquisitions
Schedule Of Quarterly Financial Information [Line Items]
Increase (decrease) in purchase price allocation, property, plant and equipment					(380,000)
Buildings | 2015 Acquisitions
Schedule Of Quarterly Financial Information [Line Items]
Increase (decrease) in purchase price allocation, property, plant and equipment	100,000	$ 100,000			$ 4,200,000
Buildings | 2016 Acquisitions
Schedule Of Quarterly Financial Information [Line Items]
Increase (decrease) in purchase price allocation, property, plant and equipment	$ 2,100,000

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail)

Mar. 23, 2017USD ($)shares

Mar. 21, 2017$ / shares

Mar. 08, 2017USD ($)Property

Feb. 01, 2017USD ($)$ / sharesshares

Jan. 11, 2017USD ($)

Dec. 20, 2016$ / shares

Feb. 01, 2017Property$ / shares

Dec. 31, 2016USD ($)$ / sharesCAD / $shares

Dec. 31, 2016USD ($)$ / sharesCAD / $shares

Dec. 31, 2015USD ($)$ / sharesshares

Dec. 31, 2014USD ($)shares

Mar. 31, 2017USD ($)

Mar. 09, 2017USD ($)

Feb. 01, 2017CAD

Dec. 31, 2016CADCAD / $shares

Nov. 30, 2016shares

Feb. 18, 2016USD ($)

Subsequent Event [Line Items]

Business combination acquisition fee paid

$ 13,700,000

$ 3,400,000

$ 1,300,000

Loans outstanding

$ 321,356,435

321,356,435

Principal payments on debt

$ 147,246,450

61,981,167

$ 0

Derivative, notional amount | CAD

CAD 42,500,000

Duration of derivative

12 months

Forward rate of derivative (CAD/USD) | CAD / $

1.339

1.339

1.339

Amended KeyBank Credit Facility

Subsequent Event [Line Items]

Loans outstanding

[1]

$ 12,300,000

$ 12,300,000

$ 10,000,000

Outstanding balance on credit facility

$ 145,000,000

Distribution Reinvestment Plan

Subsequent Event [Line Items]

Shares issued pursuant to distribution reinvestment plan | shares

100,900,000

Equity offering, termination notice period

10 days

Termination date

Jan. 9, 2017

Distribution Reinvestment Plan | Maximum

Subsequent Event [Line Items]

Shares issued pursuant to distribution reinvestment plan | shares

100,900,000

First FX Hedge [Member]

Subsequent Event [Line Items]

Derivative, notional amount | CAD

CAD 42,500,000

Duration of derivative

12 months

Forward rate of derivative (CAD/USD) | CAD / $

1.3392

1.3392

1.3392

Loans Payable [Member] | Amended KeyBank Subordinate Loan

Subsequent Event [Line Items]

Principal payments on debt

$ 20,000,000

Subsequent Event

Subsequent Event [Line Items]

Number of self storage facilities | Property

6

Outstanding balance on credit facility

$ 56,000,000

$ 98,300,000

Amount of net settlement received

$ 1,400,000

Subsequent Event | Amended KeyBank Credit Facility

Subsequent Event [Line Items]

Number of properties removed from encumbrance | Property

5

Outstanding balance on credit facility

$ 56,000,000

Subsequent Event | Amended KeyBank Property Loan

Subsequent Event [Line Items]

Principal payments on debt

45,700,000

Subsequent Event | Amended KeyBank Subordinate Loan

Subsequent Event [Line Items]

Principal payments on debt

10,000,000

Subsequent Event | Second Foreign Currency Hedge [Member]

Subsequent Event [Line Items]

Derivative, notional amount | CAD

CAD 58,500,000

Duration of derivative

37 days

Forward rate of derivative (CAD/USD)

1.3058

Subsequent Event | Third FX Hedge

Subsequent Event [Line Items]

Derivative, notional amount

$ 101,000,000

Duration of derivative

6 months

Forward rate of derivative (CAD/USD)

1.3439

Subsequent Event | Loans Payable [Member] | Fixed Rate Secured Debt | Amended KeyBank Credit Facility

Subsequent Event [Line Items]

Outstanding balance on credit facility

$ 98,300,000

Subsequent Event | Loans Payable [Member] | Amended KeyBank Property Loan

Subsequent Event [Line Items]

Principal payments on debt

$ 46,000,000

Subsequent Event | Loans Payable [Member] | Amended KeyBank Subordinate Loan

Subsequent Event [Line Items]

Loans outstanding

10,000,000

Principal payments on debt

$ 10,000,000

Subsequent Event | Aurora Colorado

Subsequent Event [Line Items]

Business acquisition purchase price

$ 10,100,000

Business combination acquisition fee paid

$ 200,000

Subsequent Event | Toronto Five Property Portfolio Merger

Subsequent Event [Line Items]

Number of self storage facilities

5

Subsequent Event | Toronto Five Property Portfolio Merger | Loans Payable [Member] | Amended KeyBank Credit Facility

Subsequent Event [Line Items]

Principal amount of loan

$ 30,000,000

Subsequent Event | Toronto Five Property Portfolio Merger | SS Toronto

Subsequent Event [Line Items]

Common Stock, par value | $ / shares

$ 0.001

$ 0.001

Consideration per share of common stock | $ / shares

$ 11.0651

$ 11.0651

Business acquisition cash consideration transferred

$ 7,300,000

Guarantee obligations | CAD

CAD 52,500,000

Loans outstanding | CAD

50,100,000

Repayment of outstanding debt

$ 33,100,000

Subsequent Event | Toronto Five Property Portfolio Merger | SS Toronto | Term Loan

Subsequent Event [Line Items]

Guarantee obligations | CAD

34,800,000

Subsequent Event | Toronto Five Property Portfolio Merger | SS Toronto | Promissory Notes

Subsequent Event [Line Items]

Guarantee obligations | CAD

CAD 17,700,000

Subsequent Event | Toronto Five Property Portfolio Merger | SS Toronto | Class A Units of Operating Partnership

Subsequent Event [Line Items]

Operating partnership units issued per share of common stock

73.11%

Business acquisition partnership units issued | shares

483,197

Class A Common stock

Subsequent Event [Line Items]

Common stock per share outstanding per day declared | $ / shares

$ 0.0016438356

Cash distribution record date start

Jan. 1, 2017

Cash distribution record date end

Mar. 31, 2017

Common Stock, par value | $ / shares

$ 0.001

$ 0.001

$ 0.001

Shares issued pursuant to distribution reinvestment plan | shares

350,000,000

350,000,000

350,000,000

350,000,000

Class A Common stock | Common Stock

Subsequent Event [Line Items]

Number of common stock issued | shares

25,601,685

18,797,161

1,757,677

Gross proceeds from issuance of common stock

$ 481,000,000

Class A Common stock | Subsequent Event

Subsequent Event [Line Items]

Common stock per share outstanding per day declared | $ / shares

$ 0.0016438356

Cash distribution record date start

Apr. 1, 2017

Cash distribution record date end

Jun. 30, 2017

Class A Common stock | Subsequent Event | Common Stock

Subsequent Event [Line Items]

Number of common stock issued | shares

48,000,000

Gross proceeds from issuance of common stock

$ 495,000,000

Class T Common stock

Subsequent Event [Line Items]

Common stock per share outstanding per day declared | $ / shares

$ 0.0016438356

Cash distribution record date start

Jan. 1, 2017

Cash distribution record date end

Mar. 31, 2017

Common Stock, par value | $ / shares

$ 0.001

$ 0.001

$ 0.001

Shares issued pursuant to distribution reinvestment plan | shares

350,000,000

350,000,000

350,000,000

350,000,000

Class T Common stock | Common Stock

Subsequent Event [Line Items]

Number of common stock issued | shares

5,892,439

608,918

0

Gross proceeds from issuance of common stock

$ 67,000,000

Class T Common stock | Subsequent Event

Subsequent Event [Line Items]

Common stock per share outstanding per day declared | $ / shares

$ 0.0016438356

Cash distribution record date start

Apr. 1, 2017

Cash distribution record date end

Jun. 30, 2017

Class T Common stock | Subsequent Event | Common Stock

Subsequent Event [Line Items]

Number of common stock issued | shares

7,000,000

Gross proceeds from issuance of common stock

$ 73,000,000

[1]

As of December 31, 2016, this facility encumbers fifteen properties (Xenia, Sidney, Troy, Greenville, Washington Court House, Richmond, Connersville, Vallejo, Port St. Lucie I, Sacramento, Sonoma, Las Vegas I, Las Vegas II, Las Vegas III, and Baltimore).

Schedule III Real Estate Asset

Schedule III Real Estate Asset and Accumulated Depreciation (Detail)	12 Months Ended
	Dec. 31, 2016USD ($)
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 311,356,435
Initial Cost to Company, Land	249,051,278
Initial Cost to Company, Buildings and Improvements	469,949,536
Initial Cost to Company, Total	719,000,814
Cost Capitalized Subsequent to Acquisition	8,454,919
Gross Carrying Amount, Land	249,051,278
Gross Carrying Amount, Buildings and Improvements	478,404,455
Gross Carrying Amount, Total	727,455,733
Accumulated Depreciation	14,855,188
Morrisville | North Carolina
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	1,181,939
Initial Cost to Company, Land	531,000
Initial Cost to Company, Buildings and Improvements	1,891,000
Initial Cost to Company, Total	2,422,000
Cost Capitalized Subsequent to Acquisition	103,091
Gross Carrying Amount, Land	531,000
Gross Carrying Amount, Buildings and Improvements	1,994,091
Gross Carrying Amount, Total	2,525,091
Accumulated Depreciation	$ 154,976
Date of Construction	2,004
Date Acquired	Nov. 3, 2014
Cary | North Carolina
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 2,535,910
Initial Cost to Company, Land	1,064,000
Initial Cost to Company, Buildings and Improvements	3,301,000
Initial Cost to Company, Total	4,365,000
Cost Capitalized Subsequent to Acquisition	72,004
Gross Carrying Amount, Land	1,064,000
Gross Carrying Amount, Buildings and Improvements	3,373,004
Gross Carrying Amount, Total	4,437,004
Accumulated Depreciation	$ 266,247
Date of Construction	1998/2005/ 2006
Date Acquired	Nov. 3, 2014
Raleigh | North Carolina
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 2,175,218
Initial Cost to Company, Land	1,186,000
Initial Cost to Company, Buildings and Improvements	2,540,000
Initial Cost to Company, Total	3,726,000
Cost Capitalized Subsequent to Acquisition	130,098
Gross Carrying Amount, Land	1,186,000
Gross Carrying Amount, Buildings and Improvements	2,670,098
Gross Carrying Amount, Total	3,856,098
Accumulated Depreciation	$ 243,341
Date of Construction	1,999
Date Acquired	Nov. 3, 2014
Myrtle Beach I | South Carolina
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 3,296,127
Initial Cost to Company, Land	1,482,000
Initial Cost to Company, Buildings and Improvements	4,476,000
Initial Cost to Company, Total	5,958,000
Cost Capitalized Subsequent to Acquisition	155,728
Gross Carrying Amount, Land	1,482,000
Gross Carrying Amount, Buildings and Improvements	4,631,728
Gross Carrying Amount, Total	6,113,728
Accumulated Depreciation	$ 379,548
Date of Construction	1998/2005- 2007
Date Acquired	Nov. 3, 2014
Myrtle Beach II | South Carolina
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 3,074,197
Initial Cost to Company, Land	1,690,000
Initial Cost to Company, Buildings and Improvements	3,654,000
Initial Cost to Company, Total	5,344,000
Cost Capitalized Subsequent to Acquisition	131,140
Gross Carrying Amount, Land	1,690,000
Gross Carrying Amount, Buildings and Improvements	3,785,140
Gross Carrying Amount, Total	5,475,140
Accumulated Depreciation	$ 316,662
Date of Construction	1999/2006
Date Acquired	Nov. 3, 2014
Whittier | California
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 4,602,761
Initial Cost to Company, Land	2,730,000
Initial Cost to Company, Buildings and Improvements	2,916,875
Initial Cost to Company, Total	5,646,875
Cost Capitalized Subsequent to Acquisition	171,393
Gross Carrying Amount, Land	2,730,000
Gross Carrying Amount, Buildings and Improvements	3,088,268
Gross Carrying Amount, Total	5,818,268
Accumulated Depreciation	$ 242,584
Date of Construction	1,989
Date Acquired	Feb. 19, 2015
La Verne | California
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 3,167,492
Initial Cost to Company, Land	1,950,000
Initial Cost to Company, Buildings and Improvements	2,036,875
Initial Cost to Company, Total	3,986,875
Cost Capitalized Subsequent to Acquisition	180,871
Gross Carrying Amount, Land	1,950,000
Gross Carrying Amount, Buildings and Improvements	2,217,746
Gross Carrying Amount, Total	4,167,746
Accumulated Depreciation	$ 182,661
Date of Construction	1,986
Date Acquired	Jan. 23, 2015
Santa Ana | California
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 5,196,666
Initial Cost to Company, Land	4,890,000
Initial Cost to Company, Buildings and Improvements	4,006,875
Initial Cost to Company, Total	8,896,875
Cost Capitalized Subsequent to Acquisition	173,634
Gross Carrying Amount, Land	4,890,000
Gross Carrying Amount, Buildings and Improvements	4,180,509
Gross Carrying Amount, Total	9,070,509
Accumulated Depreciation	$ 339,950
Date of Construction	1,978
Date Acquired	Feb. 5, 2015
Upland | California
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 3,612,920
Initial Cost to Company, Land	2,950,000
Initial Cost to Company, Buildings and Improvements	3,016,875
Initial Cost to Company, Total	5,966,875
Cost Capitalized Subsequent to Acquisition	214,148
Gross Carrying Amount, Land	2,950,000
Gross Carrying Amount, Buildings and Improvements	3,231,023
Gross Carrying Amount, Total	6,181,023
Accumulated Depreciation	$ 263,782
Date of Construction	1,979
Date Acquired	Jan. 29, 2015
La Habra | California
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 3,662,412
Initial Cost to Company, Land	2,060,000
Initial Cost to Company, Buildings and Improvements	2,356,875
Initial Cost to Company, Total	4,416,875
Cost Capitalized Subsequent to Acquisition	122,720
Gross Carrying Amount, Land	2,060,000
Gross Carrying Amount, Buildings and Improvements	2,479,595
Gross Carrying Amount, Total	4,539,595
Accumulated Depreciation	$ 182,043
Date of Construction	1,981
Date Acquired	Feb. 5, 2015
Monterey Park | California
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 2,573,587
Initial Cost to Company, Land	2,020,000
Initial Cost to Company, Buildings and Improvements	2,216,875
Initial Cost to Company, Total	4,236,875
Cost Capitalized Subsequent to Acquisition	187,914
Gross Carrying Amount, Land	2,020,000
Gross Carrying Amount, Buildings and Improvements	2,404,789
Gross Carrying Amount, Total	4,424,789
Accumulated Depreciation	$ 163,042
Date of Construction	1,987
Date Acquired	Feb. 5, 2015
Huntington Beach | California
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 6,978,379
Initial Cost to Company, Land	5,460,000
Initial Cost to Company, Buildings and Improvements	4,856,875
Initial Cost to Company, Total	10,316,875
Cost Capitalized Subsequent to Acquisition	123,998
Gross Carrying Amount, Land	5,460,000
Gross Carrying Amount, Buildings and Improvements	4,980,873
Gross Carrying Amount, Total	10,440,873
Accumulated Depreciation	$ 385,150
Date of Construction	1,986
Date Acquired	Feb. 5, 2015
Chico | California
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 1,163,063
Initial Cost to Company, Land	400,000
Initial Cost to Company, Buildings and Improvements	1,336,875
Initial Cost to Company, Total	1,736,875
Cost Capitalized Subsequent to Acquisition	171,497
Gross Carrying Amount, Land	400,000
Gross Carrying Amount, Buildings and Improvements	1,508,372
Gross Carrying Amount, Total	1,908,372
Accumulated Depreciation	$ 108,547
Date of Construction	1,984
Date Acquired	Jan. 23, 2015
Lancaster | California
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 1,682,730
Initial Cost to Company, Land	200,000
Initial Cost to Company, Buildings and Improvements	1,516,875
Initial Cost to Company, Total	1,716,875
Cost Capitalized Subsequent to Acquisition	221,423
Gross Carrying Amount, Land	200,000
Gross Carrying Amount, Buildings and Improvements	1,738,298
Gross Carrying Amount, Total	1,938,298
Accumulated Depreciation	$ 145,071
Date of Construction	1,980
Date Acquired	Jan. 29, 2015
Lancaster | California | Property Two
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 2,350,873
Initial Cost to Company, Land	670,392
Initial Cost to Company, Buildings and Improvements	3,711,424
Initial Cost to Company, Total	4,381,816
Cost Capitalized Subsequent to Acquisition	171,805
Gross Carrying Amount, Land	670,392
Gross Carrying Amount, Buildings and Improvements	3,883,229
Gross Carrying Amount, Total	4,553,621
Accumulated Depreciation	$ 136,852
Date of Construction	1,991
Date Acquired	Jan. 11, 2016
Riverside | California
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 2,326,127
Initial Cost to Company, Land	370,000
Initial Cost to Company, Buildings and Improvements	2,326,875
Initial Cost to Company, Total	2,696,875
Cost Capitalized Subsequent to Acquisition	284,031
Gross Carrying Amount, Land	370,000
Gross Carrying Amount, Buildings and Improvements	2,610,906
Gross Carrying Amount, Total	2,980,906
Accumulated Depreciation	$ 184,777
Date of Construction	1,985
Date Acquired	Jan. 23, 2015
Fairfield | California
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 2,746,809
Initial Cost to Company, Land	730,000
Initial Cost to Company, Buildings and Improvements	2,946,875
Initial Cost to Company, Total	3,676,875
Cost Capitalized Subsequent to Acquisition	76,326
Gross Carrying Amount, Land	730,000
Gross Carrying Amount, Buildings and Improvements	3,023,201
Gross Carrying Amount, Total	3,753,201
Accumulated Depreciation	$ 233,869
Date of Construction	1,984
Date Acquired	Jan. 23, 2015
Lompoc | California
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 2,821,047
Initial Cost to Company, Land	1,000,000
Initial Cost to Company, Buildings and Improvements	2,746,875
Initial Cost to Company, Total	3,746,875
Cost Capitalized Subsequent to Acquisition	95,400
Gross Carrying Amount, Land	1,000,000
Gross Carrying Amount, Buildings and Improvements	2,842,275
Gross Carrying Amount, Total	3,842,275
Accumulated Depreciation	$ 214,257
Date of Construction	1,982
Date Acquired	Feb. 5, 2015
Santa Rosa | California
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 7,324,823
Initial Cost to Company, Land	3,150,000
Initial Cost to Company, Buildings and Improvements	6,716,875
Initial Cost to Company, Total	9,866,875
Cost Capitalized Subsequent to Acquisition	97,165
Gross Carrying Amount, Land	3,150,000
Gross Carrying Amount, Buildings and Improvements	6,814,040
Gross Carrying Amount, Total	9,964,040
Accumulated Depreciation	$ 530,905
Date of Construction	1979-1981
Date Acquired	Jan. 29, 2015
Vallejo | California
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 627,392
Initial Cost to Company, Land	990,000
Initial Cost to Company, Buildings and Improvements	3,946,875
Initial Cost to Company, Total	4,936,875
Cost Capitalized Subsequent to Acquisition	122,690
Gross Carrying Amount, Land	990,000
Gross Carrying Amount, Buildings and Improvements	4,069,565
Gross Carrying Amount, Total	5,059,565
Accumulated Depreciation	$ 314,761
Date of Construction	1,981
Date Acquired	Jan. 29, 2015
Federal Heights | Colorado
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 2,375,619
Initial Cost to Company, Land	1,100,000
Initial Cost to Company, Buildings and Improvements	3,346,875
Initial Cost to Company, Total	4,446,875
Cost Capitalized Subsequent to Acquisition	118,897
Gross Carrying Amount, Land	1,100,000
Gross Carrying Amount, Buildings and Improvements	3,465,772
Gross Carrying Amount, Total	4,565,772
Accumulated Depreciation	$ 300,984
Date of Construction	1,983
Date Acquired	Jan. 29, 2015
Aurora | Colorado
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 4,800,729
Initial Cost to Company, Land	810,000
Initial Cost to Company, Buildings and Improvements	5,906,875
Initial Cost to Company, Total	6,716,875
Cost Capitalized Subsequent to Acquisition	135,408
Gross Carrying Amount, Land	810,000
Gross Carrying Amount, Buildings and Improvements	6,042,283
Gross Carrying Amount, Total	6,852,283
Accumulated Depreciation	$ 454,630
Date of Construction	1,984
Date Acquired	Feb. 5, 2015
Littleton | Colorado
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 2,177,650
Initial Cost to Company, Land	1,680,000
Initial Cost to Company, Buildings and Improvements	2,456,875
Initial Cost to Company, Total	4,136,875
Cost Capitalized Subsequent to Acquisition	96,736
Gross Carrying Amount, Land	1,680,000
Gross Carrying Amount, Buildings and Improvements	2,553,611
Gross Carrying Amount, Total	4,233,611
Accumulated Depreciation	$ 202,816
Date of Construction	1,985
Date Acquired	Jan. 23, 2015
Bloomingdale | Illinois
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 2,375,619
Initial Cost to Company, Land	810,000
Initial Cost to Company, Buildings and Improvements	3,856,874
Initial Cost to Company, Total	4,666,874
Cost Capitalized Subsequent to Acquisition	253,318
Gross Carrying Amount, Land	810,000
Gross Carrying Amount, Buildings and Improvements	4,110,192
Gross Carrying Amount, Total	4,920,192
Accumulated Depreciation	$ 290,712
Date of Construction	1,987
Date Acquired	Feb. 19, 2015
Crestwood | Illinois
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 1,633,238
Initial Cost to Company, Land	250,000
Initial Cost to Company, Buildings and Improvements	2,096,875
Initial Cost to Company, Total	2,346,875
Cost Capitalized Subsequent to Acquisition	218,355
Gross Carrying Amount, Land	250,000
Gross Carrying Amount, Buildings and Improvements	2,315,230
Gross Carrying Amount, Total	2,565,230
Accumulated Depreciation	$ 173,260
Date of Construction	1,987
Date Acquired	Jan. 23, 2015
Forestville | Maryland
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 3,464,444
Initial Cost to Company, Land	1,940,000
Initial Cost to Company, Buildings and Improvements	4,346,875
Initial Cost to Company, Total	6,286,875
Cost Capitalized Subsequent to Acquisition	623,564
Gross Carrying Amount, Land	1,940,000
Gross Carrying Amount, Buildings and Improvements	4,970,439
Gross Carrying Amount, Total	6,910,439
Accumulated Depreciation	$ 408,657
Date of Construction	1,988
Date Acquired	Jan. 23, 2015
Warren | Michigan | Property One
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 1,954,936
Initial Cost to Company, Land	230,000
Initial Cost to Company, Buildings and Improvements	2,966,875
Initial Cost to Company, Total	3,196,875
Cost Capitalized Subsequent to Acquisition	280,939
Gross Carrying Amount, Land	230,000
Gross Carrying Amount, Buildings and Improvements	3,247,814
Gross Carrying Amount, Total	3,477,814
Accumulated Depreciation	$ 205,359
Date of Construction	1,996
Date Acquired	May 8, 2015
Warren | Michigan | Property Two
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 2,251,889
Initial Cost to Company, Land	240,000
Initial Cost to Company, Buildings and Improvements	3,066,875
Initial Cost to Company, Total	3,306,875
Cost Capitalized Subsequent to Acquisition	589,359
Gross Carrying Amount, Land	240,000
Gross Carrying Amount, Buildings and Improvements	3,656,234
Gross Carrying Amount, Total	3,896,234
Accumulated Depreciation	$ 229,933
Date of Construction	1,987
Date Acquired	May 8, 2015
Sterling Heights | Michigan
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 2,301,381
Initial Cost to Company, Land	250,000
Initial Cost to Company, Buildings and Improvements	3,286,875
Initial Cost to Company, Total	3,536,875
Cost Capitalized Subsequent to Acquisition	536,813
Gross Carrying Amount, Land	250,000
Gross Carrying Amount, Buildings and Improvements	3,823,688
Gross Carrying Amount, Total	4,073,688
Accumulated Depreciation	$ 212,378
Date of Construction	1,977
Date Acquired	May 21, 2015
Troy | Michigan
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 3,414,952
Initial Cost to Company, Land	240,000
Initial Cost to Company, Buildings and Improvements	4,176,875
Initial Cost to Company, Total	4,416,875
Cost Capitalized Subsequent to Acquisition	141,789
Gross Carrying Amount, Land	240,000
Gross Carrying Amount, Buildings and Improvements	4,318,664
Gross Carrying Amount, Total	4,558,664
Accumulated Depreciation	$ 315,168
Date of Construction	1,988
Date Acquired	May 8, 2015
Troy | Ohio
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 384,338
Initial Cost to Company, Land	150,666
Initial Cost to Company, Buildings and Improvements	2,596,010
Initial Cost to Company, Total	2,746,676
Cost Capitalized Subsequent to Acquisition	2,476
Gross Carrying Amount, Land	150,666
Gross Carrying Amount, Buildings and Improvements	2,598,486
Gross Carrying Amount, Total	2,749,152
Accumulated Depreciation	$ 82,758
Date of Construction	2,003
Date Acquired	Apr. 20, 2016
Beverly | New Jersey
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 1,385,778
Initial Cost to Company, Land	400,000
Initial Cost to Company, Buildings and Improvements	1,696,875
Initial Cost to Company, Total	2,096,875
Cost Capitalized Subsequent to Acquisition	158,583
Gross Carrying Amount, Land	400,000
Gross Carrying Amount, Buildings and Improvements	1,855,458
Gross Carrying Amount, Total	2,255,458
Accumulated Depreciation	$ 105,504
Date of Construction	1,988
Date Acquired	May 28, 2015
Everett | Washington
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 2,722,063
Initial Cost to Company, Land	2,010,000
Initial Cost to Company, Buildings and Improvements	2,956,875
Initial Cost to Company, Total	4,966,875
Cost Capitalized Subsequent to Acquisition	491,454
Gross Carrying Amount, Land	2,010,000
Gross Carrying Amount, Buildings and Improvements	3,448,329
Gross Carrying Amount, Total	5,458,329
Accumulated Depreciation	$ 222,592
Date of Construction	1,986
Date Acquired	Feb. 5, 2015
Foley | Alabama
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 4,132,587
Initial Cost to Company, Land	1,839,000
Initial Cost to Company, Buildings and Improvements	5,717,000
Initial Cost to Company, Total	7,556,000
Cost Capitalized Subsequent to Acquisition	542,360
Gross Carrying Amount, Land	1,839,000
Gross Carrying Amount, Buildings and Improvements	6,259,360
Gross Carrying Amount, Total	8,098,360
Accumulated Depreciation	$ 308,512
Date of Construction	1985/1996/2006
Date Acquired	Sep. 11, 2015
Tampa | Florida
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 1,633,238
Initial Cost to Company, Land	718,244
Initial Cost to Company, Buildings and Improvements	2,257,471
Initial Cost to Company, Total	2,975,715
Cost Capitalized Subsequent to Acquisition	445,762
Gross Carrying Amount, Land	718,244
Gross Carrying Amount, Buildings and Improvements	2,703,233
Gross Carrying Amount, Total	3,421,477
Accumulated Depreciation	$ 110,660
Date of Construction	1,985
Date Acquired	Nov. 3, 2015
Boynton Beach | Florida
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 8,166,188
Initial Cost to Company, Land	1,983,491
Initial Cost to Company, Buildings and Improvements	15,232,817
Initial Cost to Company, Total	17,216,308
Cost Capitalized Subsequent to Acquisition	262,858
Gross Carrying Amount, Land	1,983,491
Gross Carrying Amount, Buildings and Improvements	15,495,675
Gross Carrying Amount, Total	17,479,166
Accumulated Depreciation	$ 455,897
Date of Construction	2,004
Date Acquired	Jan. 7, 2016
Milton | Canada
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 4,956,483	[1]
Initial Cost to Company, Land	1,501,716	[1]
Initial Cost to Company, Buildings and Improvements	8,196,411	[1]
Initial Cost to Company, Total	9,698,127	[1]
Cost Capitalized Subsequent to Acquisition	22,689	[1],[2]
Gross Carrying Amount, Land	1,501,716	[1]
Gross Carrying Amount, Buildings and Improvements	8,219,100	[1]
Gross Carrying Amount, Total	9,720,816	[1]
Accumulated Depreciation	$ 217,998	[1]
Date of Construction	2,006	[1]
Date Acquired	Feb. 11, 2016	[1]
Burlington | Canada | Property One
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 7,113,697	[1]
Initial Cost to Company, Land	3,403,987	[1]
Initial Cost to Company, Buildings and Improvements	10,624,437	[1]
Initial Cost to Company, Total	14,028,424	[1]
Cost Capitalized Subsequent to Acquisition	40,324	[1],[2]
Gross Carrying Amount, Land	3,403,987	[1]
Gross Carrying Amount, Buildings and Improvements	10,664,761	[1]
Gross Carrying Amount, Total	14,068,748	[1]
Accumulated Depreciation	$ 294,078	[1]
Date of Construction	2,011	[1]
Date Acquired	Feb. 11, 2016	[1]
Burlington | Canada | Property Two
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 4,921,575	[1]
Initial Cost to Company, Land	2,959,356	[1]
Initial Cost to Company, Buildings and Improvements	5,152,513	[1]
Initial Cost to Company, Total	8,111,869	[1]
Cost Capitalized Subsequent to Acquisition	3,418	[1],[2]
Gross Carrying Amount, Land	2,959,356	[1]
Gross Carrying Amount, Buildings and Improvements	5,155,931	[1]
Gross Carrying Amount, Total	8,115,287	[1]
Accumulated Depreciation	$ 138,015	[1]
Date of Construction	2,008	[1]
Date Acquired	Feb. 29, 2016	[1]
Oakville | Canada | Property One
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 7,486,937	[1]
Initial Cost to Company, Land	2,744,484	[1]
Initial Cost to Company, Buildings and Improvements	13,511,955	[1]
Initial Cost to Company, Total	16,256,439	[1]
Cost Capitalized Subsequent to Acquisition	28,978	[1],[2]
Gross Carrying Amount, Land	2,744,484	[1]
Gross Carrying Amount, Buildings and Improvements	13,540,933	[1]
Gross Carrying Amount, Total	16,285,417	[1]
Accumulated Depreciation	$ 388,098	[1]
Date of Construction	2,016	[1]
Date Acquired	Feb. 11, 2016	[1]
Oakville | Canada | Property Two
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 7,310,803	[1]
Initial Cost to Company, Land	2,998,831	[1]
Initial Cost to Company, Buildings and Improvements	9,394,919	[1]
Initial Cost to Company, Total	12,393,750	[1]
Cost Capitalized Subsequent to Acquisition	9,531	[1],[2]
Gross Carrying Amount, Land	2,998,831	[1]
Gross Carrying Amount, Buildings and Improvements	9,404,450	[1]
Gross Carrying Amount, Total	12,403,281	[1]
Accumulated Depreciation	$ 252,777	[1]
Date of Construction	2,004	[1]
Date Acquired	Feb. 29, 2016	[1]
Xenia | Ohio
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 384,338
Initial Cost to Company, Land	275,493
Initial Cost to Company, Buildings and Improvements	2,664,693
Initial Cost to Company, Total	2,940,186
Gross Carrying Amount, Land	275,493
Gross Carrying Amount, Buildings and Improvements	2,664,693
Gross Carrying Amount, Total	2,940,186
Accumulated Depreciation	$ 75,012
Date of Construction	2,003
Date Acquired	Apr. 20, 2016
Sidney | Ohio
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 226,292
Initial Cost to Company, Land	255,246
Initial Cost to Company, Buildings and Improvements	1,806,349
Initial Cost to Company, Total	2,061,595
Gross Carrying Amount, Land	255,246
Gross Carrying Amount, Buildings and Improvements	1,806,349
Gross Carrying Amount, Total	2,061,595
Accumulated Depreciation	$ 73,095
Date of Construction	2,003
Date Acquired	Apr. 20, 2016
Greenville | Ohio
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 231,081
Initial Cost to Company, Land	82,598
Initial Cost to Company, Buildings and Improvements	1,909,466
Initial Cost to Company, Total	1,992,064
Gross Carrying Amount, Land	82,598
Gross Carrying Amount, Buildings and Improvements	1,909,466
Gross Carrying Amount, Total	1,992,064
Accumulated Depreciation	$ 51,913
Date of Construction	2,003
Date Acquired	Apr. 20, 2016
Washington Court House | Ohio
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 274,185
Initial Cost to Company, Land	255,456
Initial Cost to Company, Buildings and Improvements	1,882,203
Initial Cost to Company, Total	2,137,659
Gross Carrying Amount, Land	255,456
Gross Carrying Amount, Buildings and Improvements	1,882,203
Gross Carrying Amount, Total	2,137,659
Accumulated Depreciation	$ 53,762
Date of Construction	2,003
Date Acquired	Apr. 20, 2016
Richmond | Indiana
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 419,060
Initial Cost to Company, Land	223,159
Initial Cost to Company, Buildings and Improvements	2,944,379
Initial Cost to Company, Total	3,167,538
Cost Capitalized Subsequent to Acquisition	1,894
Gross Carrying Amount, Land	223,159
Gross Carrying Amount, Buildings and Improvements	2,946,273
Gross Carrying Amount, Total	3,169,432
Accumulated Depreciation	$ 85,846
Date of Construction	2,003
Date Acquired	Apr. 20, 2016
Connersville | Indiana
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 227,490
Initial Cost to Company, Land	155,533
Initial Cost to Company, Buildings and Improvements	1,652,290
Initial Cost to Company, Total	1,807,823
Gross Carrying Amount, Land	155,533
Gross Carrying Amount, Buildings and Improvements	1,652,290
Gross Carrying Amount, Total	1,807,823
Accumulated Depreciation	$ 48,650
Date of Construction	2,003
Date Acquired	Apr. 20, 2016
Port St. Lucie | Florida | Property One
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 1,017,716
Initial Cost to Company, Land	2,589,781
Initial Cost to Company, Buildings and Improvements	6,339,578
Initial Cost to Company, Total	8,929,359
Cost Capitalized Subsequent to Acquisition	24,854
Gross Carrying Amount, Land	2,589,781
Gross Carrying Amount, Buildings and Improvements	6,364,432
Gross Carrying Amount, Total	8,954,213
Accumulated Depreciation	$ 148,853
Date of Construction	1,999
Date Acquired	Apr. 29, 2016
Port St. Lucie | Florida | Property Two
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 5,697,262
Initial Cost to Company, Land	5,130,621
Initial Cost to Company, Buildings and Improvements	8,410,474
Initial Cost to Company, Total	13,541,095
Cost Capitalized Subsequent to Acquisition	17,330
Gross Carrying Amount, Land	5,130,621
Gross Carrying Amount, Buildings and Improvements	8,427,804
Gross Carrying Amount, Total	13,558,425
Accumulated Depreciation	$ 175,945
Date of Construction	2,002
Date Acquired	Jun. 1, 2016
Sacramento | California
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 975,810
Initial Cost to Company, Land	1,205,209
Initial Cost to Company, Buildings and Improvements	6,616,767
Initial Cost to Company, Total	7,821,976
Cost Capitalized Subsequent to Acquisition	33,041
Gross Carrying Amount, Land	1,205,209
Gross Carrying Amount, Buildings and Improvements	6,649,808
Gross Carrying Amount, Total	7,855,017
Accumulated Depreciation	$ 135,533
Date of Construction	2,006
Date Acquired	May 9, 2016
Oakland | California
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 5,315,948
Initial Cost to Company, Land	5,711,189
Initial Cost to Company, Buildings and Improvements	6,902,446
Initial Cost to Company, Total	12,613,635
Cost Capitalized Subsequent to Acquisition	13,340
Gross Carrying Amount, Land	5,711,189
Gross Carrying Amount, Buildings and Improvements	6,915,786
Gross Carrying Amount, Total	12,626,975
Accumulated Depreciation	$ 139,545
Date of Construction	1,979
Date Acquired	May 18, 2016
Concord | California
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 14,684,052
Initial Cost to Company, Land	19,090,003
Initial Cost to Company, Buildings and Improvements	17,202,868
Initial Cost to Company, Total	36,292,871
Cost Capitalized Subsequent to Acquisition	25,260
Gross Carrying Amount, Land	19,090,003
Gross Carrying Amount, Buildings and Improvements	17,228,128
Gross Carrying Amount, Total	36,318,131
Accumulated Depreciation	$ 360,874
Date of Construction	1988/1998
Date Acquired	May 18, 2016
Pompano Beach | Florida
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 7,800,455
Initial Cost to Company, Land	3,947,715
Initial Cost to Company, Buildings and Improvements	16,656,002
Initial Cost to Company, Total	20,603,717
Cost Capitalized Subsequent to Acquisition	8,528
Gross Carrying Amount, Land	3,947,715
Gross Carrying Amount, Buildings and Improvements	16,664,530
Gross Carrying Amount, Total	20,612,245
Accumulated Depreciation	$ 288,008
Date of Construction	1,979
Date Acquired	Jun. 1, 2016
Lake Worth | Florida
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 8,572,515
Initial Cost to Company, Land	12,108,208
Initial Cost to Company, Buildings and Improvements	10,804,173
Initial Cost to Company, Total	22,912,381
Cost Capitalized Subsequent to Acquisition	25,657
Gross Carrying Amount, Land	12,108,208
Gross Carrying Amount, Buildings and Improvements	10,829,830
Gross Carrying Amount, Total	22,938,038
Accumulated Depreciation	$ 260,333
Date of Construction	1998/2003
Date Acquired	Jun. 1, 2016
Jupiter | Florida
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 9,530,933
Initial Cost to Company, Land	16,029,881
Initial Cost to Company, Buildings and Improvements	10,556,833
Initial Cost to Company, Total	26,586,714
Cost Capitalized Subsequent to Acquisition	25,249
Gross Carrying Amount, Land	16,029,881
Gross Carrying Amount, Buildings and Improvements	10,582,082
Gross Carrying Amount, Total	26,611,963
Accumulated Depreciation	$ 211,275
Date of Construction	1992/2012
Date Acquired	Jun. 1, 2016
Royal Palm Beach | Florida
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 9,477,688
Initial Cost to Company, Land	11,425,394
Initial Cost to Company, Buildings and Improvements	13,275,322
Initial Cost to Company, Total	24,700,716
Cost Capitalized Subsequent to Acquisition	15,210
Gross Carrying Amount, Land	11,425,394
Gross Carrying Amount, Buildings and Improvements	13,290,532
Gross Carrying Amount, Total	24,715,926
Accumulated Depreciation	$ 302,580
Date of Construction	2001/2003
Date Acquired	Jun. 1, 2016
Wellington | Florida
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 8,253,043
Initial Cost to Company, Land	10,233,511
Initial Cost to Company, Buildings and Improvements	11,662,801
Initial Cost to Company, Total	21,896,312
Cost Capitalized Subsequent to Acquisition	12,412
Gross Carrying Amount, Land	10,233,511
Gross Carrying Amount, Buildings and Improvements	11,675,213
Gross Carrying Amount, Total	21,908,724
Accumulated Depreciation	$ 219,317
Date of Construction	2,005
Date Acquired	Jun. 1, 2016
Doral | Florida
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 9,371,197
Initial Cost to Company, Land	11,335,658
Initial Cost to Company, Buildings and Improvements	11,485,045
Initial Cost to Company, Total	22,820,703
Cost Capitalized Subsequent to Acquisition	22,118
Gross Carrying Amount, Land	11,335,658
Gross Carrying Amount, Buildings and Improvements	11,507,163
Gross Carrying Amount, Total	22,842,821
Accumulated Depreciation	$ 217,478
Date of Construction	1,998
Date Acquired	Jun. 1, 2016
Plantation | Florida
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 11,660,751
Initial Cost to Company, Land	12,989,079
Initial Cost to Company, Buildings and Improvements	19,224,919
Initial Cost to Company, Total	32,213,998
Cost Capitalized Subsequent to Acquisition	22,386
Gross Carrying Amount, Land	12,989,079
Gross Carrying Amount, Buildings and Improvements	19,247,305
Gross Carrying Amount, Total	32,236,384
Accumulated Depreciation	$ 360,491
Date of Construction	2002/2012
Date Acquired	Jun. 1, 2016
Naples | Florida
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 10,702,333
Initial Cost to Company, Land	11,789,085
Initial Cost to Company, Buildings and Improvements	12,771,305
Initial Cost to Company, Total	24,560,390
Cost Capitalized Subsequent to Acquisition	24,429
Gross Carrying Amount, Land	11,789,085
Gross Carrying Amount, Buildings and Improvements	12,795,734
Gross Carrying Amount, Total	24,584,819
Accumulated Depreciation	$ 233,780
Date of Construction	2,002
Date Acquired	Jun. 1, 2016
Delray | Florida
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 11,687,373
Initial Cost to Company, Land	17,096,692
Initial Cost to Company, Buildings and Improvements	12,983,627
Initial Cost to Company, Total	30,080,319
Cost Capitalized Subsequent to Acquisition	32,492
Gross Carrying Amount, Land	17,096,692
Gross Carrying Amount, Buildings and Improvements	13,016,119
Gross Carrying Amount, Total	30,112,811
Accumulated Depreciation	$ 246,692
Date of Construction	2,003
Date Acquired	Jun. 1, 2016
Baltimore | Maryland
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 2,753,821
Initial Cost to Company, Land	3,897,872
Initial Cost to Company, Buildings and Improvements	22,427,843
Initial Cost to Company, Total	26,325,715
Cost Capitalized Subsequent to Acquisition	75,574
Gross Carrying Amount, Land	3,897,872
Gross Carrying Amount, Buildings and Improvements	22,503,417
Gross Carrying Amount, Total	26,401,289
Accumulated Depreciation	$ 436,236
Date of Construction	1990/2014
Date Acquired	Jun. 1, 2016
Sonoma | California
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 826,146
Initial Cost to Company, Land	3,468,153
Initial Cost to Company, Buildings and Improvements	3,679,939
Initial Cost to Company, Total	7,148,092
Cost Capitalized Subsequent to Acquisition	8,154
Gross Carrying Amount, Land	3,468,153
Gross Carrying Amount, Buildings and Improvements	3,688,093
Gross Carrying Amount, Total	7,156,246
Accumulated Depreciation	$ 69,813
Date of Construction	1,984
Date Acquired	Jun. 14, 2016
Las Vegas I | Nevada
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 1,372,121
Initial Cost to Company, Land	2,391,220
Initial Cost to Company, Buildings and Improvements	11,117,892
Initial Cost to Company, Total	13,509,112
Cost Capitalized Subsequent to Acquisition	5,333
Gross Carrying Amount, Land	2,391,220
Gross Carrying Amount, Buildings and Improvements	11,123,225
Gross Carrying Amount, Total	13,514,445
Accumulated Depreciation	$ 143,680
Date of Construction	2,002
Date Acquired	Jul. 28, 2016
Las Vegas II | Nevada
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 1,472,695
Initial Cost to Company, Land	3,840,088
Initial Cost to Company, Buildings and Improvements	9,916,937
Initial Cost to Company, Total	13,757,025
Cost Capitalized Subsequent to Acquisition	50,971
Gross Carrying Amount, Land	3,840,088
Gross Carrying Amount, Buildings and Improvements	9,967,908
Gross Carrying Amount, Total	13,807,996
Accumulated Depreciation	$ 81,732
Date of Construction	2,000
Date Acquired	Sep. 23, 2016
Las Vegas III | Nevada
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 1,107,515
Initial Cost to Company, Land	2,565,579
Initial Cost to Company, Buildings and Improvements	6,338,944
Initial Cost to Company, Total	8,904,523
Cost Capitalized Subsequent to Acquisition	0
Gross Carrying Amount, Land	2,565,579
Gross Carrying Amount, Buildings and Improvements	6,338,944
Gross Carrying Amount, Total	8,904,523
Accumulated Depreciation	$ 62,838
Date of Construction	1,989
Date Acquired	Sep. 27, 2016
Asheville I | North Carolina
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 7,143,593
Initial Cost to Company, Land	3,619,676
Initial Cost to Company, Buildings and Improvements	11,173,603
Initial Cost to Company, Total	14,793,279
Cost Capitalized Subsequent to Acquisition	0
Gross Carrying Amount, Land	3,619,676
Gross Carrying Amount, Buildings and Improvements	11,173,603
Gross Carrying Amount, Total	14,793,279
Accumulated Depreciation	$ 2,101
Date of Construction	1988/2005/2015
Date Acquired	Dec. 30, 2016
Asheville II | North Carolina
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 3,250,087
Initial Cost to Company, Land	1,764,969
Initial Cost to Company, Buildings and Improvements	3,107,311
Initial Cost to Company, Total	4,872,280
Cost Capitalized Subsequent to Acquisition	0
Gross Carrying Amount, Land	1,764,969
Gross Carrying Amount, Buildings and Improvements	3,107,311
Gross Carrying Amount, Total	4,872,280
Accumulated Depreciation	$ 614
Date of Construction	1,984
Date Acquired	Dec. 30, 2016
Hendersonville I | North Carolina
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 2,243,715
Initial Cost to Company, Land	1,081,547
Initial Cost to Company, Buildings and Improvements	3,441,204
Initial Cost to Company, Total	4,522,751
Cost Capitalized Subsequent to Acquisition	0
Gross Carrying Amount, Land	1,081,547
Gross Carrying Amount, Buildings and Improvements	3,441,204
Gross Carrying Amount, Total	4,522,751
Accumulated Depreciation	$ 647
Date of Construction	1,982
Date Acquired	Dec. 30, 2016
Asheville III | North Carolina
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 4,677,156
Initial Cost to Company, Land	5,096,833
Initial Cost to Company, Buildings and Improvements	4,620,013
Initial Cost to Company, Total	9,716,846
Cost Capitalized Subsequent to Acquisition	0
Gross Carrying Amount, Land	5,096,833
Gross Carrying Amount, Buildings and Improvements	4,620,013
Gross Carrying Amount, Total	9,716,846
Accumulated Depreciation	$ 947
Date of Construction	1991/2002
Date Acquired	Dec. 30, 2016
Arden | North Carolina
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 6,557,917
Initial Cost to Company, Land	1,790,118
Initial Cost to Company, Buildings and Improvements	10,265,741
Initial Cost to Company, Total	12,055,859
Cost Capitalized Subsequent to Acquisition	0
Gross Carrying Amount, Land	1,790,118
Gross Carrying Amount, Buildings and Improvements	10,265,741
Gross Carrying Amount, Total	12,055,859
Accumulated Depreciation	$ 1,737
Date of Construction	1,973
Date Acquired	Dec. 30, 2016
Asheville IV | North Carolina
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 4,413,190
Initial Cost to Company, Land	4,558,139
Initial Cost to Company, Buildings and Improvements	4,455,118
Initial Cost to Company, Total	9,013,257
Cost Capitalized Subsequent to Acquisition	0
Gross Carrying Amount, Land	4,558,139
Gross Carrying Amount, Buildings and Improvements	4,455,118
Gross Carrying Amount, Total	9,013,257
Accumulated Depreciation	$ 931
Date of Construction	1985/1986/2,005
Date Acquired	Dec. 30, 2016
Asheville V | North Carolina
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 5,073,106
Initial Cost to Company, Land	2,414,680
Initial Cost to Company, Buildings and Improvements	7,826,417
Initial Cost to Company, Total	10,241,097
Cost Capitalized Subsequent to Acquisition	0
Gross Carrying Amount, Land	2,414,680
Gross Carrying Amount, Buildings and Improvements	7,826,417
Gross Carrying Amount, Total	10,241,097
Accumulated Depreciation	$ 1,484
Date of Construction	1978/2009/ 2014
Date Acquired	Dec. 30, 2016
Asheville VI | North Carolina
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 3,489,307
Initial Cost to Company, Land	1,306,240
Initial Cost to Company, Buildings and Improvements	5,121,332
Initial Cost to Company, Total	6,427,572
Cost Capitalized Subsequent to Acquisition	0
Gross Carrying Amount, Land	1,306,240
Gross Carrying Amount, Buildings and Improvements	5,121,332
Gross Carrying Amount, Total	6,427,572
Accumulated Depreciation	$ 889
Date of Construction	2,004
Date Acquired	Dec. 30, 2016
Asheville VIII | North Carolina
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 4,536,924
Initial Cost to Company, Land	1,764,965
Initial Cost to Company, Buildings and Improvements	6,162,855
Initial Cost to Company, Total	7,927,820
Cost Capitalized Subsequent to Acquisition	0
Gross Carrying Amount, Land	1,764,965
Gross Carrying Amount, Buildings and Improvements	6,162,855
Gross Carrying Amount, Total	7,927,820
Accumulated Depreciation	$ 1,183
Date of Construction	1968/2002
Date Acquired	Dec. 30, 2016
Hendersonville II | North Carolina
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 4,272,956
Initial Cost to Company, Land	2,597,584
Initial Cost to Company, Buildings and Improvements	5,037,350
Initial Cost to Company, Total	7,634,934
Cost Capitalized Subsequent to Acquisition	0
Gross Carrying Amount, Land	2,597,584
Gross Carrying Amount, Buildings and Improvements	5,037,350
Gross Carrying Amount, Total	7,634,934
Accumulated Depreciation	$ 1,129
Date of Construction	1989/2003
Date Acquired	Dec. 30, 2016
Asheville VII | North Carolina
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Encumbrances	$ 1,592,048
Initial Cost to Company, Land	782,457
Initial Cost to Company, Buildings and Improvements	2,139,791
Initial Cost to Company, Total	2,922,248
Cost Capitalized Subsequent to Acquisition	0
Gross Carrying Amount, Land	782,457
Gross Carrying Amount, Buildings and Improvements	2,139,791
Gross Carrying Amount, Total	2,922,248
Accumulated Depreciation	$ 434
Date of Construction	1,999
Date Acquired	Dec. 30, 2016
Sweeten Creek Land | North Carolina
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Initial Cost to Company, Land	$ 348,480
Initial Cost to Company, Buildings and Improvements	0
Initial Cost to Company, Total	348,480
Cost Capitalized Subsequent to Acquisition	0
Gross Carrying Amount, Land	348,480
Gross Carrying Amount, Buildings and Improvements	0
Gross Carrying Amount, Total	348,480
Accumulated Depreciation	$ 0
Date of Construction	N/A
Date Acquired	Dec. 30, 2016
Highland Center Land | North Carolina
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Initial Cost to Company, Land	$ 50,000
Initial Cost to Company, Buildings and Improvements	0
Initial Cost to Company, Total	50,000
Cost Capitalized Subsequent to Acquisition	0
Gross Carrying Amount, Land	50,000
Gross Carrying Amount, Buildings and Improvements	0
Gross Carrying Amount, Total	50,000
Accumulated Depreciation	$ 0
Date of Construction	N/A
Date Acquired	Dec. 30, 2016
[1]	This property is located in Ontario, Canada.
[2]	The change in cost at these self storage facilities are the net of the impact of foreign exchange rate changes and any actual additions.

Schedule III Summary of Activit

Schedule III Summary of Activity in Real Estate Facilities (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Real estate facilities
Real estate facilities, Balance at beginning of year	$ 156,244,550
Facility acquisitions	563,278,685	$ 132,546,249
Impact of foreign exchange rate changes	1,406,663
Finalized purchase price allocations related to 2015 acquisitions	(45,785)	958,000
Improvements and additions	6,571,620	2,156,384
Real estate facilities, Balance at end of year	727,455,733	156,244,550
Accumulated depreciation
Accumulated depreciation, Balance at beginning of year	(3,755,709)	(93,433)
Depreciation expense and impact of foreign exchange rate changes	(11,099,479)
Accumulated depreciation, Balance at end of year	(14,855,188)	(3,755,709)
Construction in process
Construction in process, Balance at beginning of year	385,408
Additions	1,354,731
Construction in process, Balance at end of year	1,740,139	385,408
Real estate facilities, net	$ 714,340,684	$ 152,874,249