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Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Real estate facilities:    
Land $ 16,532,903 $ 10,811,899
Buildings 95,279,925 61,778,581
Site improvements 3,205,709 2,766,245
Real estate investment property, gross 115,018,537 75,356,725
Accumulated depreciation (1,124,386) (597,090)
Real estate investment property, net 113,894,151 74,759,635
Construction in process 62,122 86,987
Real estate facilities, net 113,956,273 74,846,622
Cash and cash equivalents 11,284,270 3,934,933
Restricted cash 344,493 645,826
Investments in unconsolidated real estate ventures (Note 4) 9,955,317 9,632,360
Other assets, net 1,006,589 797,285
Intangible assets, net of accumulated amortization 1,700,227 1,014,552
Total assets 138,247,169 90,871,578
LIABILITIES AND EQUITY    
Secured debt, net 47,942,372 47,856,858
Accounts payable and accrued liabilities 1,537,388 1,194,900
Distributions payable 444,557 225,507
Due to affiliates 2,014,975 725,621
Total liabilities 51,939,292 50,002,886
Commitments and contingencies (Note 7)
Redeemable common stock 597,788 329,158
Strategic Storage Trust V1, Inc. equity:    
Preferred Stock, $0.001 par value; 200,000,000 shares authorized; none issued and outstanding at March 31, 2022 and December 31, 2021
Additional paid-in capital 88,646,410 40,737,265
Distributions (1,877,375) (985,132)
Accumulated deficit (4,635,477) (2,985,345)
Total Strategic Storage Trust IV, Inc. equity 82,144,080 36,771,851
Noncontrolling interests in our Operating Partnership 3,566,009 3,767,683
Total equity 85,710,089 40,539,534
Total liabilities and equity 138,247,169 90,871,578
Class P Common Stock    
Strategic Storage Trust V1, Inc. equity:    
Common stock, value $ 10,522 $ 5,063