XML 14 R2.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2018
Dec. 31, 2017
Real estate facilities:    
Land $ 20,688,000 $ 8,683,000
Buildings 221,716,391 83,026,000
Site improvements 3,685,000 1,511,000
Furniture, fixtures and equipment 9,953,212 5,038,516
Real estate facilities, gross 256,042,603 98,258,516
Accumulated depreciation (7,153,132) (1,254,849)
Real estate investment property net excluding construction in process 248,889,471 97,003,667
Construction in process 2,333,331 0
Real estate facilities, net 251,222,802 97,003,667
Cash and cash equivalents 8,159,408 10,371,998
Restricted cash 3,113,203  
Other assets 3,745,094 4,006,881
Intangible assets, net 11,729,108 3,743,640
Total assets 277,969,615 115,126,186
LIABILITIES AND EQUITY    
Debt, net 203,735,898 52,299,638
Accounts payable and accrued liabilities 4,027,720 1,556,415
Due to affiliates 4,237,666 246,958
Distributions payable 908,046 463,848
Total liabilities 212,909,330 54,566,859
Commitments and contingencies (Note 9)
Redeemable common stock 2,659,654 303,844
Preferred equity in our Operating Partnership 10,095,708  
Strategic Student & Senior Housing Trust, Inc. equity:    
Preferred stock, $0.001 par value; 200,000,000 shares authorized; none issued and outstanding at December 31, 2018 and December 31, 2017
Additional paid-in capital 83,533,060 68,799,264
Distributions (7,981,638) (1,379,950)
Accumulated deficit (22,263,678) (6,233,945)
Total Strategic Student & Senior Housing Trust, Inc. equity 53,298,946 61,194,317
Noncontrolling interests in our Operating Partnership (994,023) (938,834)
Total equity 52,304,923 60,255,483
Total liabilities and equity 277,969,615 115,126,186
Class A Common Stock [Member]    
Strategic Student & Senior Housing Trust, Inc. equity:    
Common stock 11,122 $ 8,948
Class T Common Stock [Member]    
Strategic Student & Senior Housing Trust, Inc. equity:    
Common stock 36  
Class W Common Stock [Member]    
Strategic Student & Senior Housing Trust, Inc. equity:    
Common stock $ 44