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Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Revenues:    
Self storage rental revenue $ 8,698,972 $ 1,245,751
Ancillary operating revenue 91,035 20,021
Total revenues 8,790,007 1,265,772
Operating expenses:    
Property operating expenses 3,835,556 628,189
Property operating expenses – affiliates 1,899,807 274,787
General and administrative 2,289,610 764,130
Depreciation 4,526,912 603,413
Intangible amortization expense 2,064,048 320,576
Acquisition expense - affiliates 573,899 353,511
Other property acquisition expenses 874,679 957,517
Total operating expenses 16,064,511 3,902,123
Operating loss (7,274,504) (2,636,351)
Other income (expense):    
Interest expense (4,865,029) (608,432)
Interest expense – debt issuance costs (1,097,941) (137,825)
Equity in loss of unconsolidated affiliate   (57,104)
Other 2 (136)
Foreign currency adjustment (1,142,611) (174,463)
Net loss (14,380,083) (3,614,311)
Net loss attributable to the noncontrolling interests in our Operating Partnership 637,728 628,966
Net loss attributable to Strategic Storage Trust V1, Inc. common stockholders $ (13,742,355) $ (2,985,345)
Class P Common Stock    
Other income (expense):    
Net loss per share-basic $ (1.17) $ (1.52)
Net loss per share-diluted $ (1.17) $ (1.52)
Weighted average shares outstanding - basic 9,866,463 1,970,391
Weighted average shares outstanding - diluted 9,866,463 1,970,391
Class A Common Stock    
Other income (expense):    
Net loss per share-basic $ (1.17)  
Net loss per share-diluted $ (1.17)  
Weighted average shares outstanding - basic 672,411  
Weighted average shares outstanding - diluted 672,411  
Class T Common Stock    
Other income (expense):    
Net loss per share-basic $ (1.17)  
Net loss per share-diluted $ (1.17)  
Weighted average shares outstanding - basic 1,074,346  
Weighted average shares outstanding - diluted 1,074,346  
Class W Common Stock    
Other income (expense):    
Net loss per share-basic $ (1.17)  
Net loss per share-diluted $ (1.17)  
Weighted average shares outstanding - basic 91,927  
Weighted average shares outstanding - diluted 91,927