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Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues:        
Total revenues $ 9,579,208 $ 8,745,278 $ 27,921,359 $ 25,458,463
Operating expenses:        
Property operating expenses – affiliates 625,782 613,747 1,860,266 1,822,622
General and administrative 545,394 414,154 1,796,031 1,193,907
Depreciation 1,778,937 1,847,964 5,312,702 5,523,217
Total operating expenses 9,753,489 9,186,557 28,471,158 26,503,163
Gain on sale of real estate, net       12,101,937
Income (loss) from operations (174,281) (441,279) (549,799) 11,057,237
Other income (expense):        
Interest expense (2,280,206) (2,108,902) (6,732,651) (6,052,555)
Interest expense – debt issuance costs (80,214) (95,082) (240,637) (285,245)
Loss on extinguishment of debt       (1,985,602)
Other 50,523 37,095 110,327 618,561
Net income (loss) (2,484,178) (2,608,168) (7,412,760) 3,352,396
Less: Distributions to preferred unitholders in our Operating Partnership (340,683) (319,348) (995,217) (931,906)
Net loss (income) attributable to the noncontrolling interests in our Operating Partnership 5,582 2,106 16,633 (8,372)
Net income (loss) attributable to Strategic Student & Senior Housing Trust, Inc. common stockholders (2,819,279) (2,925,410) (8,391,344) 2,412,118
Student Housing [Member]        
Revenues:        
Total revenues 1,233,249 1,066,139 3,636,439 3,319,345
Operating expenses:        
Property operating expenses 730,252 853,253 1,976,462 2,016,757
Senior Housing [Member]        
Revenues:        
Total revenues 8,345,959 7,679,139 24,284,920 22,139,118
Operating expenses:        
Property operating expenses $ 6,073,124 $ 5,457,439 $ 17,525,697 $ 15,946,660
Class A Common Stock [Member]        
Other income (expense):        
Net income (loss) per share - basic $ (0.22) $ (0.22) $ (0.64) $ 0.18
Net income (loss) per share - diluted $ (0.22) $ (0.22) $ (0.64) $ 0.18
Weighted average shares outstanding - basic 11,626,680 11,624,180 11,625,215 11,621,982
Weighted average shares outstanding - diluted 11,626,680 11,624,180 11,625,215 11,628,232
Class T Common Stock [Member]        
Other income (expense):        
Net income (loss) per share - basic $ (0.22) $ (0.22) $ (0.64) $ 0.18
Net income (loss) per share - diluted $ (0.22) $ (0.22) $ (0.64) $ 0.18
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 $ (0.22) $ (0.22) $ (0.64) $ 0.18
Net income (loss) per share - diluted $ (0.22) $ (0.22) $ (0.64) $ 0.18
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 $ (0.22) $ (0.22) $ (0.64) $ 0.18
Net income (loss) per share - diluted $ (0.22) $ (0.22) $ (0.64) $ 0.18
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 $ (0.22) $ (0.22) $ (0.64) $ 0.18
Net income (loss) per share - diluted $ (0.22) $ (0.22) $ (0.64) $ 0.18
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