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Schedule III
12 Months Ended
Dec. 31, 2018
Real Estate And Accumulated Depreciation Disclosure [Abstract]  
Schedule III

STRATEGIC STUDENT & SENIOR HOUSING TRUST, INC. AND SUBSIDIARIES

SCHEDULE III

December 31, 2018

 

 

 

 

 

 

 

 

 

Initial Cost to Company

 

 

 

 

 

 

Gross Carrying Amount at December 31, 2018

 

 

 

 

 

Description

 

ST

 

Encumbrance

 

 

Land

 

 

Building

and

Improvements(2)

 

 

Total

 

 

Cost

Capitalized

Subsequent

to

Acquisition

 

 

Land

 

 

Building

and

Improvements(2)

 

 

Total

 

 

Accumulated

Depreciation

 

 

Date

of

Construction

 

Date

Acquired

Fayetteville

 

AR

 

$

29,500,000

 

 

$

4,903,000

 

 

$

48,477,000

 

 

$

53,380,000

 

 

$

333,127

 

 

$

4,903,000

 

 

$

48,810,127

 

 

$

53,713,127

 

 

$

(2,569,086

)

 

2016

 

6/28/2017

Tallahassee

 

FL

 

 

23,500,000

 

 

 

3,780,000

 

 

 

41,064,000

 

 

 

44,844,000

 

 

 

36,314

 

 

 

3,780,000

 

 

 

41,100,314

 

 

 

44,880,314

 

 

 

(1,943,336

)

 

2017

 

9/28/2017

Wellington

 

UT

 

 

28,709,000

 

 

 

2,520,000

 

 

 

43,567,489

 

 

 

46,087,489

 

 

 

96,037

 

 

 

2,520,000

 

 

 

43,663,526

 

 

 

46,183,526

 

 

 

(1,118,087

)

 

1999

 

2/23/2018

Cottonwood

   Creek

 

UT

 

 

9,337,000

 

 

 

3,026,000

 

 

 

12,327,209

 

 

 

15,353,209

 

 

 

55,375

 

 

 

3,026,000

 

 

 

12,382,584

 

 

 

15,408,584

 

 

 

(379,576

)

 

1982

 

2/23/2018

Charleston

 

UT

 

 

8,859,000

 

 

 

763,000

 

 

 

11,533,180

 

 

 

12,296,180

 

 

 

34,204

 

 

 

763,000

 

 

 

11,567,384

 

 

 

12,330,384

 

 

 

(333,674

)

 

2005

 

2/23/2018

Courtyard

 

OR

 

 

63,200,000

 

 

 

5,696,000

 

 

 

77,657,563

 

 

 

83,353,563

 

 

 

173,105

 

 

 

5,696,000

 

 

 

77,830,668

 

 

 

83,526,668

 

 

 

(809,373

)

 

1992-2009

 

8/31/2018

Total

 

 

 

$

163,105,000

 

 

$

20,688,000

 

 

$

234,626,441

 

 

$

255,314,441

 

 

$

728,162

 

 

$

20,688,000

 

 

$

235,354,603

 

 

$

256,042,603

 

(1)

$

(7,153,132

)

 

 

 

 

 

(1)

The aggregate cost of real estate for United States federal income tax purposes is $281,532,870.

(2)

Building and building improvements include land improvements and furniture, fixtures and equipment.