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Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues:        
Total revenues $ 9,241,355 $ 8,556,713 $ 18,342,151 $ 16,713,185
Operating expenses:        
Property operating expenses – affiliates 618,620 608,516 1,234,484 1,208,875
General and administrative 748,887 405,756 1,250,637 779,757
Depreciation 1,747,497 1,844,244 3,533,765 3,675,253
Total operating expenses 9,424,840 8,670,139 18,717,668 17,316,610
Gain on sale of real estate, net       12,101,937
Income (loss) from operations (183,485) (113,426) (375,517) 11,498,512
Other income (expense):        
Interest expense (2,243,495) (1,990,145) (4,452,445) (3,943,653)
Interest expense – debt issuance costs (80,214) (95,082) (160,428) (190,163)
Loss on extinguishment of debt       (1,985,602)
Other 58,861 12,001 59,808 581,469
Net income (loss) (2,448,333) (2,186,652) (4,928,582) 5,960,563
Less: Distributions to preferred unitholders in our Operating Partnership (331,681) (310,577) (654,534) (612,558)
Net loss (income) attributable to the noncontrolling interests in our Operating Partnership 5,682 3,479 11,051 (10,477)
Net income (loss) attributable to Strategic Student & Senior Housing Trust, Inc. common stockholders (2,774,332) (2,493,750) (5,572,065) 5,337,528
Student Housing [Member]        
Revenues:        
Total revenues 1,186,239 1,055,296 2,403,190 2,253,206
Operating expenses:        
Property operating expenses 595,807 535,597 1,246,210 1,163,505
Senior Housing [Member]        
Revenues:        
Total revenues 8,055,116 7,501,417 15,938,961 14,459,979
Operating expenses:        
Property operating expenses $ 5,714,029 $ 5,276,026 $ 11,452,572 $ 10,489,220
Class A Common Stock [Member]        
Other income (expense):        
Net income (loss) per share - basic $ (0.21) $ (0.19) $ (0.43) $ 0.41
Net income (loss) per share - diluted $ (0.21) $ (0.19) $ (0.43) $ 0.41
Weighted average shares outstanding - basic 11,624,757 11,621,295 11,624,470 11,620,865
Weighted average shares outstanding - diluted 11,624,757 11,621,295 11,624,470 11,627,115
Class T Common Stock [Member]        
Other income (expense):        
Net income (loss) per share - basic $ (0.21) $ (0.19) $ (0.43) $ 0.41
Net income (loss) per share - diluted $ (0.21) $ (0.19) $ (0.43) $ 0.41
Weighted average shares outstanding - basic 77,598 77,598 77,598 77,598
Weighted average shares outstanding - diluted 77,598 77,598 77,598 77,598
Class W Common Stock [Member]        
Other income (expense):        
Net income (loss) per share - basic $ (0.21) $ (0.19) $ (0.43) $ 0.41
Net income (loss) per share - diluted $ (0.21) $ (0.19) $ (0.43) $ 0.41
Weighted average shares outstanding - basic 85,548 85,548 85,548 85,548
Weighted average shares outstanding - diluted 85,548 85,548 85,548 85,548
Class Y Common Stock [Member]        
Other income (expense):        
Net income (loss) per share - basic $ (0.21) $ (0.19) $ (0.43) $ 0.41
Net income (loss) per share - diluted $ (0.21) $ (0.19) $ (0.43) $ 0.41
Weighted average shares outstanding - basic 1,123,349 1,123,349 1,123,349 1,123,349
Weighted average shares outstanding - diluted 1,123,349 1,123,349 1,123,349 1,123,349
Class Z Common Stock [Member]        
Other income (expense):        
Net income (loss) per share - basic $ (0.21) $ (0.19) $ (0.43) $ 0.41
Net income (loss) per share - diluted $ (0.21) $ (0.19) $ (0.43) $ 0.41
Weighted average shares outstanding - basic 166,494 166,494 166,494 166,494
Weighted average shares outstanding - diluted 166,494 166,494 166,494 166,494