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Consolidated Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues:    
Total revenues $ 8,243,760 $ 8,733,599
Operating expenses:    
Property operating expenses – affiliates 702,792 714,252
General and administrative 307,197 465,477
Depreciation 2,190,012 2,157,610
Intangible amortization expense 626,332 954,900
Total operating expenses 9,302,874 9,811,987
Operating loss (1,059,114) (1,078,388)
Other expense:    
Interest expense (2,361,159) (2,561,387)
Interest expense – debt issuance costs (123,340) (119,950)
Other (21,406) (53,011)
Net loss (3,565,019) (3,812,736)
Less: Distributions to preferred unitholders in our Operating Partnership (281,110) (259,553)
Less: Accretion of preferred equity costs (3,883) (3,884)
Net loss attributable to the noncontrolling interests in our Operating Partnership 7,903 8,096
Net loss attributable to Strategic Student & Senior Housing Trust, Inc. common stockholders (3,842,109) (4,068,077)
Student Housing [Member]    
Revenues:    
Total revenues 2,021,487 1,834,471
Operating expenses:    
Property operating expenses 998,385 955,454
Property operating expenses – affiliates 235,801 237,098
Depreciation 842,088 832,565
Other expense:    
Interest expense (535,350) (535,350)
Interest expense – debt issuance costs (26,496) (26,496)
Net loss (616,633) (752,492)
Senior Housing [Member]    
Revenues:    
Total revenues 6,222,273 6,899,128
Operating expenses:    
Property operating expenses 4,478,156 4,564,294
Property operating expenses – affiliates 466,991 477,154
Depreciation 1,345,523 1,321,449
Intangible amortization expense 626,332 954,900
Other expense:    
Interest expense (1,825,809) (2,026,037)
Interest expense – debt issuance costs (96,844) (93,455)
Net loss $ (2,617,382) $ (2,538,161)
Class A Common Stock [Member]    
Other expense:    
Net loss per share – basic and diluted $ (0.29) $ (0.32)
Weighted average shares outstanding – basic and diluted 11,617,305 11,586,922
Class T Common Stock [Member]    
Other expense:    
Net loss per share – basic and diluted $ (0.29) $ (0.32)
Weighted average shares outstanding – basic and diluted 77,598 77,306
Class W Common Stock [Member]    
Other expense:    
Net loss per share – basic and diluted $ (0.29) $ (0.32)
Weighted average shares outstanding – basic and diluted 85,548 85,379
Class Y Common Stock [Member]    
Other expense:    
Net loss per share – basic and diluted $ (0.29) $ (0.32)
Weighted average shares outstanding – basic and diluted 1,123,349 969,848
Class Z Common Stock [Member]    
Other expense:    
Net loss per share – basic and diluted $ (0.29) $ (0.32)
Weighted average shares outstanding – basic and diluted 166,494 162,930