XML 13 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Balance Sheets - USD ($)
Jun. 30, 2020
Dec. 31, 2019
Real estate facilities:    
Land $ 20,688,000 $ 20,688,000
Buildings 233,041,719 232,934,499
Site improvements 4,259,917 4,259,917
Furniture, fixtures and equipment 11,073,609 10,858,329
Real estate facilities, gross 269,063,245 268,740,745
Accumulated depreciation (19,556,595) (15,243,833)
Real estate investment property net excluding construction in process 249,506,650 253,496,912
Construction in process 159,881 198,222
Real estate facilities, net 249,666,531 253,695,134
Cash and cash equivalents 11,059,618 7,511,103
Restricted cash 1,381,524 3,555,542
Other assets 3,342,107 3,870,696
Intangible assets, net 2,536,132 4,445,932
Total assets 267,985,912 273,078,407
LIABILITIES AND EQUITY    
Debt, net 208,105,911 208,418,809
Accounts payable and accrued liabilities 4,306,908 4,215,397
Due to affiliates 8,321,375 8,118,348
Distributions payable 2,508,275 1,965,244
Total liabilities 223,242,469 222,717,798
Commitments and contingencies (Note 8)
Redeemable common stock 5,350,610 4,723,961
Preferred equity in our Operating Partnership 10,150,066 10,142,303
Strategic Student & Senior Housing Trust, Inc. equity:    
Preferred stock, $0.001 par value; 200,000,000 shares authorized; none issued and outstanding at June 30, 2020 and December 31, 2019
Additional paid-in capital 97,655,806 93,609,304
Distributions (17,199,734) (15,238,571)
Accumulated deficit (50,153,954) (41,837,130)
Total Strategic Student & Senior Housing Trust, Inc. equity 30,315,197 36,546,259
Noncontrolling interests in our Operating Partnership (1,072,430) (1,051,914)
Total equity 29,242,767 35,494,345
Total liabilities and equity 267,985,912 273,078,407
Class A Common Stock [Member]    
Strategic Student & Senior Housing Trust, Inc. equity:    
Common stock 11,625 11,566
Class T Common Stock [Member]    
Strategic Student & Senior Housing Trust, Inc. equity:    
Common stock 78 77
Class W Common Stock [Member]    
Strategic Student & Senior Housing Trust, Inc. equity:    
Common stock 87 86
Class Y Common Stock [Member]    
Strategic Student & Senior Housing Trust, Inc. equity:    
Common stock 1,122 768
Class Z Common Stock [Member]    
Strategic Student & Senior Housing Trust, Inc. equity:    
Common stock $ 167 $ 159