CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Cash flows from operating activities:
Net income (loss)	$ (61,407)	$ 37,941
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Interest capitalized on outstanding loans	(15,219)	(22,069)
Net unrealized (gain) loss on investments	5,630	(28,847)
Stock-based compensation	1,857	1,689
Equity in (earnings) losses from unconsolidated self-storage real estate venture	2,202	(399)
Return on investment from unconsolidated self-storage real estate venture	198	328
Depreciation and amortization	13,365	3,537
Amortization of deferred financing costs	2,055	1,440
Internalization - settlement of preexisting contractual relationship	37,353	0
Goodwill impairment loss	4,738	0
Accretion of origination fees	(834)	(867)
Unrealized gain on mark-to-market interest rate cap	208	89
Other	56	0
Changes in operating assets and liabilities:
Prepaid expenses and other assets	(1,460)	(1,346)
Due to Manager	(3,165)	(585)
Accounts payable, accrued expenses, and other liabilities	6,265	280
Net cash used in operating activities	(8,158)	(8,809)
Cash flows from investing activities:
Purchase of corporate fixed assets	(26)	(29)
Purchase of self-storage real estate owned	(29,970)	(10,347)
Capital additions to self-storage real estate owned	(354)	(1,309)
Capital contributions to unconsolidated self-storage real estate venture	(170)	(683)
Return of capital from unconsolidated self-storage real estate venture	4,683	3,833
Advances to unconsolidated self-storage real estate venture	(51)	(12,723)
Repayment of advances to unconsolidated self-storage real estate venture	355	12,773
Origination fees received in cash	0	1,114
Development property and bridge investments	(26,249)	(129,377)
Funding of other loans	0	(185)
Repayments of investment portfolio investments	13,878	361
Repayments of other loans	4,225	205
Net cash used in investing activities	(33,679)	(136,367)
Cash flows from financing activities:
Cash received from Credit Facility, net of issuance costs	74,671	124,261
Cash received from term loans, net of issuance costs	0	15,995
Stock repurchase	(399)	(468)
Net proceeds from issuance of common stock	15,004	34,645
Dividends paid on Non-controlling interest	(624)	0
Dividends paid on common stock	(18,638)	(22,108)
Net cash provided by financing activities	60,742	143,422
Net change in cash and cash equivalents	18,905	(1,754)
Cash and cash equivalents at the beginning of the period	3,278	8,715
Cash and cash equivalents at the end of the period	22,183	6,961
Series A Preferred Stock [Member]
Cash flows from financing activities:
Dividends paid on preferred stock	(7,208)	(6,736)
Series B Preferred Stock [Member]
Cash flows from financing activities:
Net proceeds (offering costs) from issuance of preferred stock	0	(103)
Dividends paid on preferred stock	$ (2,064)	$ (2,064)