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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net loss $ (9,960,595) $ (2,064,910)
Adjustments to reconcile net loss to cash used in operating activities:    
Depreciation and amortization 4,248,199 455,670
Amortization of debt issuance costs 789,725 9,294
Interest payment added to debt principal   129,244
Stock based compensation expense related to issuance of restricted stock 17,754  
Unrealized foreign currency adjustment 1,278,049 135,618
Changes in operating assets and liabilities:    
Other assets, net (468,569) (32,369)
Accounts payable and accrued liabilities 1,294,917 305,996
Due to affiliates 145,899 (9,479)
Net cash used in operating activities (2,654,621) (1,070,936)
Cash flows from investing activities:    
Purchase of real estate facilities (160,100,702) (21,555,014)
Additions to real estate facilities (779,785) (121,335)
Deposits on acquisitions of real estate facilities (240,141) (432,019)
Investments in unconsolidated real estate ventures (378,714) (208,343)
Net cash used in investing activities (161,499,342) (22,316,711)
Cash flows from financing activities:    
Proceeds from issuance of secured debt 118,844,752 4,800,000
Repayment of secured debt (30,608,851)  
Prepaid debt issuance costs (250,000) (40,265)
Debt issuance costs (1,325,011) (119,836)
Gross proceeds from issuance of common stock 89,704,540 31,884,317
Proceeds from issuance of noncontrolling interest in our Operating Partnership   7,000
Offering costs (7,986,801) (4,395,176)
Distributions paid to common stockholders (2,372,829) (170,125)
Distributions paid to noncontrolling interest in our Operating Partnership (229,594) (115,266)
Net cash provided by financing activities 165,776,206 31,850,649
Impact of foreign exchange rate changes on cash and restricted cash (807,829)  
Net change in cash, cash equivalents and restricted cash 814,414 8,463,002
Cash, cash equivalents and restricted cash, beginning of year 4,580,759  
Cash, cash equivalents and restricted cash, end of period 5,395,173 8,463,002
Supplemental disclosures and non-cash transactions:    
Cash paid for interest 1,926,716  
Deposits applied to purchase of real estate   200,000
Real estate assumed in consolidation of Operating Partnership   16,284,439
Investment in unconsolidated real estate venture assumed in consolidation of Operating Partnership   3,711,918
Debt assumed in consolidation of Operating Partnership   14,237,599
Non controlling interest assumed in connection with consolidation of Operating Partnership   4,574,294
Distribution payable to noncontrolling interest in our Operating Partnership assumed in consolidation of Operating Partnership   22,594
Accounts payable, accrued liabilities and due to affiliate assumed in consolidation of Operating Partnership   1,318,303
Other assets assumed in consolidation of Operating Partnership   153,146
Proceeds from issuance of common stock in accounts payable and accrued liabilities (478,400) (50,000)
Offering costs included in accounts payable and accrued liabilities 891,748 279,814
Interest rate swap contract in AP and Accrued Expenses 19,085  
Foreign currency translation adjustment 295,568  
Issuance of shares pursuant to distribution reinvestment plan 1,661,899 142,446
Distributions payable to common stockholders 676,811 130,660
Distributions payable to noncontrolling interests in our Operating Partnership $ 27,134 22,616
Other assets in due to affiliates   371,600
Offering costs in due to affiliates   $ 47,885