XML 11 R4.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Operating expenses:        
Property operating expenses – affiliates $ 502,928 $ 495,027 $ 1,002,320 $ 986,795
General and administrative 713,064 748,887 1,145,987 1,250,637
Depreciation 1,335,039 1,402,755 2,657,048 2,844,784
Total operating expenses 8,931,892 8,360,698 17,443,616 16,534,788
Loss from operations (316,046) (305,582) (451,759) (595,827)
Other income (expense):        
Interest expense (1,319,794) (1,332,231) (2,645,077) (2,663,768)
Interest expense – debt issuance costs (35,525) (35,527) (71,050) (71,053)
Other (36,413) 58,861 (71,270) 59,808
Net loss from continuing operations (1,707,778) (1,614,479) (3,239,156) (3,270,840)
Discontinued operations:        
Net loss from discontinued operations (1,278,607) (833,854) (1,969,892) (1,657,742)
Net loss (2,986,385) (2,448,333) (5,209,048) (4,928,582)
Less: Distributions to preferred unitholders in our Operating Partnership (352,842) (331,681) (700,424) (654,534)
Net loss attributable to the noncontrolling interests in our Operating Partnership 6,533 5,682 11,633 11,051
Net loss attributable to Strategic Student & Senior Housing Trust, Inc. common stockholders (3,332,694) (2,774,332) (5,897,839) (5,572,065)
Senior Housing [Member]        
Revenues:        
Total revenues 8,615,846 8,055,116 16,991,857 15,938,961
Operating expenses:        
Property operating expenses $ 6,380,861 $ 5,714,029 $ 12,638,261 $ 11,452,572
Class A Common Stock [Member]        
Net loss per common share attributable to common shareholders - continuing operations:        
Net loss per share - basic $ (0.15) $ (0.15) $ (0.3) $ (0.3)
Net loss per share - diluted (0.15) (0.15) (0.3) (0.3)
Net loss per common share attributable to common shareholders - discontinued operations:        
Net loss per share - basic (0.1) (0.06) (0.15) (0.13)
Net loss per share - diluted (0.1) (0.06) (0.15) (0.13)
Earnings Per Share [Abstract]        
Net loss per share - basic (0.25) (0.21) (0.45) (0.43)
Net loss per share - diluted $ (0.25) $ (0.21) $ (0.45) $ (0.43)
Weighted average shares outstanding - basic 11,626,872 11,624,757 11,626,776 11,624,470
Weighted average shares outstanding - diluted 11,626,872 11,624,757 11,626,776 11,624,470
Class T Common Stock [Member]        
Net loss per common share attributable to common shareholders - continuing operations:        
Net loss per share - basic $ (0.15) $ (0.15) $ (0.3) $ (0.3)
Net loss per share - diluted (0.15) (0.15) (0.3) (0.3)
Net loss per common share attributable to common shareholders - discontinued operations:        
Net loss per share - basic (0.1) (0.06) (0.15) (0.13)
Net loss per share - diluted (0.1) (0.06) (0.15) (0.13)
Earnings Per Share [Abstract]        
Net loss per share - basic (0.25) (0.21) (0.45) (0.43)
Net loss per share - diluted $ (0.25) $ (0.21) $ (0.45) $ (0.43)
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]        
Net loss per common share attributable to common shareholders - continuing operations:        
Net loss per share - basic $ (0.15) $ (0.15) $ (0.3) $ (0.3)
Net loss per share - diluted (0.15) (0.15) (0.3) (0.3)
Net loss per common share attributable to common shareholders - discontinued operations:        
Net loss per share - basic (0.1) (0.06) (0.15) (0.13)
Net loss per share - diluted (0.1) (0.06) (0.15) (0.13)
Earnings Per Share [Abstract]        
Net loss per share - basic (0.25) (0.21) (0.45) (0.43)
Net loss per share - diluted $ (0.25) $ (0.21) $ (0.45) $ (0.43)
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]        
Net loss per common share attributable to common shareholders - continuing operations:        
Net loss per share - basic $ (0.15) $ (0.15) $ (0.3) $ (0.3)
Net loss per share - diluted (0.15) (0.15) (0.3) (0.3)
Net loss per common share attributable to common shareholders - discontinued operations:        
Net loss per share - basic (0.1) (0.06) (0.15) (0.13)
Net loss per share - diluted (0.1) (0.06) (0.15) (0.13)
Earnings Per Share [Abstract]        
Net loss per share - basic (0.25) (0.21) (0.45) (0.43)
Net loss per share - diluted $ (0.25) $ (0.21) $ (0.45) $ (0.43)
Weighted average shares outstanding - basic 1,123,349 1,123,349 1,123,348 1,123,348
Weighted average shares outstanding - diluted 1,123,349 1,123,349 1,123,348 1,123,348
Class Z Common Stock [Member]        
Net loss per common share attributable to common shareholders - continuing operations:        
Net loss per share - basic $ (0.15) $ (0.15) $ (0.3) $ (0.3)
Net loss per share - diluted (0.15) (0.15) (0.3) (0.3)
Net loss per common share attributable to common shareholders - discontinued operations:        
Net loss per share - basic (0.1) (0.06) (0.15) (0.13)
Net loss per share - diluted (0.1) (0.06) (0.15) (0.13)
Earnings Per Share [Abstract]        
Net loss per share - basic (0.25) (0.21) (0.45) (0.43)
Net loss per share - diluted $ (0.25) $ (0.21) $ (0.45) $ (0.43)
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