XML 14 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Balance Sheets - USD ($)
Sep. 30, 2018
Dec. 31, 2017
Real estate facilities:    
Land $ 20,688,000 $ 8,683,000
Buildings 221,716,391 83,026,000
Site improvements 3,680,000 1,511,000
Furniture, fixtures and equipment 9,567,851 5,038,516
Real estate facilities, gross 255,652,242 98,258,516
Accumulated depreciation (5,189,262) (1,254,849)
Real estate facilities, net 250,462,980 97,003,667
Cash and cash equivalents 8,400,329 10,371,998
Restricted cash 842,106  
Other assets 4,241,669 4,006,881
Intangible assets, net 13,445,265 3,743,640
Total assets 277,392,349 115,126,186
LIABILITIES AND EQUITY    
Debt, net 202,111,681 52,299,638
Accounts payable and accrued liabilities 4,778,272 1,556,415
Due to affiliates 2,688,755 246,958
Distributions payable 653,431 463,848
Total liabilities 210,232,139 54,566,859
Commitments and contingencies (Note 9)
Redeemable common stock 2,087,530 303,844
Preferred equity in our Operating Partnership 6,309,097  
Strategic Student & Senior Housing Trust, Inc. equity:    
Preferred stock, $0.001 par value; 200,000,000 shares authorized; none issued and outstanding at September 30, 2018 and December 31, 2017
Additional paid-in capital 83,545,978 68,799,264
Distributions (6,247,595) (1,379,950)
Accumulated deficit (17,567,759) (6,233,945)
Total Strategic Student & Senior Housing Trust, Inc. equity 59,741,638 61,194,317
Noncontrolling interests in our Operating Partnership (978,055) (938,834)
Total equity 58,763,583 60,255,483
Total liabilities and equity 277,392,349 115,126,186
Class A Common Stock [Member]    
Strategic Student & Senior Housing Trust, Inc. equity:    
Common stock 10,987 $ 8,948
Class W Common Stock [Member]    
Strategic Student & Senior Housing Trust, Inc. equity:    
Common stock $ 27