Schedule III, Real Estate and Related Depreciation

12 Months Ended

Dec. 31, 2023

SEC Schedule, 12-28, Real Estate Companies, Investment in Real Estate and Accumulated Depreciation Disclosure [Abstract]

Real Estate and Related Depreciation

GLOBAL SELF STORAGE, INC.

SCHEDULE III

REAL ESTATE AND RELATED DEPRECIATION

December 31, 2024

			Initial cost						Gross Carrying Amount at December 31, 2024
Description	Square Footage		Land		Buildings & Improvements		Costs Subsequent to Acquisition		Land		Buildings & Improvements		Total		Accumulated Depreciation
Clinton, CT (A)		29,283		356,040		3,108,285		52,160		356,040	$	3,160,445	$	3,516,485	$	623,859
Bolingbrook, IL (B)		114,000		633,914		5,491,409		2,488,142		633,914		7,979,551		8,613,465		1,846,175
Dolton, IL (B)		86,590		614,413		5,227,313		54,771		614,413		5,282,084		5,896,497		1,254,049
McCordsville, IN (A)		76,386		770,000		6,776,000		497,478		770,000		7,273,478		8,043,478		1,457,488
Merrillville, IN (B)		81,270		597,229		5,104,011		479,597		597,229		5,583,608		6,180,837		1,300,738
Millbrook, NY (A)		24,482		423,960		2,900,895		2,366,532		423,960		5,267,427		5,691,387		870,101
Rochester, NY (B)		68,311		571,583		5,227,630		42,153		571,583		5,269,783		5,841,366		1,215,471
Lima, OH (A)		94,953		530,000		4,664,000		401,098		530,000		5,065,098		5,595,098		1,007,710
Sadsburyville, PA (B)		78,875		462,749		5,146,579		42,412		462,749		5,188,991		5,651,740		1,239,245
Summerville, SC (B) (1)		76,460		345,160		2,989,159		141,555		345,160		3,130,714		3,475,874		712,521
Summerville, SC (B) (2)		43,710		188,766		1,605,405		32,614		188,766		1,638,019		1,826,785		376,461
West Henrietta, NY (A)		55,550		628,251		5,229,481		280,843		628,251		5,510,324		6,138,575		586,224
		829,870	$	6,122,065	$	53,470,167	$	6,879,355	$	6,122,065	$	60,349,522	$	66,471,587	$	12,490,042

(A)This property is held as collateral under the Revolver. There was no outstanding balance under the Revolver as of December 31, 2024.

(B)This property is held as collateral under the Loan Agreement with an outstanding balance of $16,664,125 as of December 31, 2024.

(1)SSG Summerville I LLC.

(2)SSG Summerville II LLC.

Activity in storage properties during the years ended December 31, 2024 and 2023 is as follows:

	2024			2023
Storage properties *
Balance at beginning of period	$	67,037,562		$	66,806,458
Improvements		78,336			231,104
Balance at end of period		67,115,898			67,037,562
Accumulated depreciation
Balance at beginning of period		(11,556,342	)		(9,922,298	)
Depreciation expense		(1,634,147	)		(1,634,044	)
Balance at end of period		(13,190,489	)		(11,556,342	)
Storage properties, net	$	53,925,409		$	55,481,220

* These amounts include equipment that is housed at the Company’s properties which is excluded from Schedule III above.

As of December 31, 2024, the aggregate cost of real estate for U.S. federal income tax purposes was $62,841,421.