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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues:    
Self storage rental revenue $ 938,388  
Ancillary operating revenue 14,572  
Total revenues 952,960  
Operating expenses:    
Property operating expenses 478,273  
Property operating expenses – affiliates 234,382  
General and administrative 470,550  
Depreciation 531,040  
Intangible amortization expense 226,505  
Acquisition expense - affiliates 130,138  
Other property acquisition expenses 321,668  
Total operating expenses 2,392,556  
Operating loss (1,439,596)  
Other income (expense):    
Interest expense (409,293)  
Interest expense – debt issuance costs (83,647)  
Equity in loss of unconsolidated affiliate   $ (161)
Other expense (708)  
Foreign currency adjustment 149,278  
Net loss (1,783,966) (161)
Net loss attributable to the noncontrolling interests in our Operating Partnership 133,834  
Net loss attributable to Strategic Storage Trust V1, Inc. common stockholders $ (1,650,132) $ (161)
Class P Common Stock    
Other income (expense):    
Net loss per share—basic and diluted $ (0.23) $ (0.75)
Weighted average shares outstanding—basic and diluted 7,241,403 216
Class A Common Stock    
Other income (expense):    
Net loss per share—basic and diluted $ 0 $ 0
Class T Common Stock    
Other income (expense):    
Net loss per share—basic and diluted 0 0
Class W Common Stock    
Other income (expense):    
Net loss per share—basic and diluted $ 0 $ 0