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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net loss $ (1,783,966) $ (161)
Adjustments to reconcile net loss to cash used in operating activities:    
Depreciation and amortization 757,545  
Amortization of debt issuance costs 83,647  
Equity in loss of unconsolidated investment   161
Unrealized foreign currency adjustment (149,278)  
Changes in operating assets and liabilities:    
Other assets, net (208,781)  
Accounts payable and accrued liabilities 498,532  
Due to affiliates 89,354  
Net cash used in operating activities (712,947)  
Cash flows from investing activities:    
Purchase of real estate (39,241,028)  
Additions to real estate facilities (108,099)  
Investments in unconsolidated real estate ventures (177,946)  
Net cash used in investing activities (39,527,073)  
Cash flows from financing activities:    
Gross proceeds from issuance of common stock 52,344,661 51,000
Offering costs (4,584,234) (1,000)
Distributions paid to common stockholders (404,558)  
Distributions paid to noncontrolling interest in our Operating Partnership (67,845)  
Net cash provided by financing activities 47,288,024 50,000
Net change in cash, cash equivalents and restricted cash 7,048,004 50,000
Cash, cash equivalents and restricted cash, beginning of year 4,580,759  
Cash, cash equivalents and restricted cash, end of period 11,628,763 50,000
Supplemental disclosures and non-cash transactions:    
Cash paid for interest 369,541  
Real estate facilities in due to affiliates 1,200,000  
Proceeds from issuance of common stock in accounts payable and accrued liabilities (85,000)  
Offering costs included in accounts payable and accrued liabilities 263,795 49,994
Issuance of shares pursuant to distribution reinvestment plan 268,630  
Distributions payable to common stockholders 421,192 $ 15
Distributions payable to noncontrolling interests in our Operating Partnership $ 23,365