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Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net loss $ (6,820,096) $ (1,564,814)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 7,168,650 49,324
Increase (decrease) in cash and cash equivalents from changes in assets and liabilities:    
Other assets (398,230) (72,215)
Accounts payable and accrued liabilities 1,341,765 361,174
Due to affiliates (152,574) 1,387,239
Net cash provided by operating activities 1,139,515 160,708
Cash flows from investing activities:    
Purchase of real estate (78,830,878) (57,000,000)
Additions to real estate (152,275)  
Deposit on acquisitions of real estate facilities (500,000)  
Net cash used in investing activities (79,483,153) (57,000,000)
Cash flows from financing activities:    
Proceeds from issuance of non-revolving mortgage debt 46,905,000 29,500,000
Proceeds from issuance of KeyBank loan 24,500,000 22,296,363
Principal payments of KeyBank loan (6,703,715)  
Debt issuance costs (1,310,067) (481,051)
Issuance of preferred equity in our Operating Partnership 610,000 5,650,000
Gross proceeds from issuance of common stock 16,011,588  
Private offering costs (1,516,605)  
Public offering costs (178,508)  
Distributions paid to common stockholders (1,897,646)  
Distributions paid to preferred unitholders in our Operating Partnership (9,337)  
Net cash provided by financing activities 76,410,710 56,965,312
Net change in cash, cash equivalents, and restricted cash (1,932,928) 126,020
Cash, cash equivalents, and restricted cash, beginning of period 10,371,998 2,000
Cash, cash equivalents, and restricted cash, end of period 8,439,070 128,020
Supplemental disclosures and non-cash transactions:    
Cash paid for interest 2,217,091 20,043
Debt issuance costs included in due to affiliates   258,982
Debt issuance costs included in accounts payable and accrued liabilities 51,600 91,147
Deposits applied to purchase of real estate 1,000,000  
Acquisition costs included in due to affiliates 370,000  
Offering costs included in accounts payable and accrued liabilities or due to affiliates 596,600 385,264
Non-cash preferred equity issuance in our Operating Partnership 6,100 56,500
Distributions payable 558,690 $ 4,238
Issuance of shares pursuant to distribution reinvestment plan $ 1,166,710