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Consolidated Statements of Equity and Temporary Equity (Unaudited) - USD ($)
Total
Common Stock
Class P Common Stock
Common Stock
Class A Common Stock
Common Stock
Class T Common Stock
Common Stock
Class W Common Stock
Common Stock
Class Y Common Stock
Common Stock
Class Z Common Stock
Additional Paid-in Capital
Distributions
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss)
Total Strategic Storage Trust VI, Inc. Equity
Noncontrolling Interests
Noncontrolling Interests in our Operating Partnership
Series C Subordinated Units
Noncontrolling Interests in our Operating Partnership
Redeemable Common Stock
Preferred Stock
Beginning Balance at Dec. 31, 2023 $ 97,082,934 $ 11,100 $ 3,340 $ 5,290 $ 688 $ 383 $ 37 $ 174,586,716 $ (18,590,483) $ (64,094,793) $ 449,185 $ 92,371,463 $ 1,514,388 $ 3,197,083 $ 6,727,982 $ 148,599,723
Beginning Balance (in shares) at Dec. 31, 2023   11,100,444 3,339,780 5,289,743 687,653 382,656 36,559                  
Gross proceeds from issuance of common stock 10,586,193         $ 1,054 $ 84 10,585,055       10,586,193        
Gross proceeds from issuance of common stock (in shares)           1,054,322 83,978                  
Offering costs (1,258,498)             (1,258,498)       (1,258,498)        
Changes to redeemable common stock (1,303,340)             (1,303,340)       (1,303,340)     1,303,340  
Redemption of common stock (13) $ (5)   $ (8)               (13)     (784,542)  
Redemption of common stock (in shares)   (5,494)   (8,217)                        
Distributions (3,161,870)               (3,161,870)     (3,161,870)        
Distributions to noncontrolling interests (84,790)                       (84,790)      
Issuance of shares for distribution reinvestment plan (DRP) 1,303,340 $ 74 $ 22 $ 33 $ 5 $ 5   1,303,201       1,303,340        
Issuance of shares for distribution reinvestment plan (DRP) (in shares)   74,503 22,403 33,026 4,978 4,810 412                  
Stock based compensation expense 8,070             8,070       8,070        
Issuance of Series C Subordinated Units 359,926                         359,926    
Distributions to preferred stockholders                               (3,166,042)
Net loss attributable to Strategic Storage Trust VI, Inc. (11,923,621)                 (11,923,621)   (11,923,621)       3,166,042
Net loss attributable to the noncontrolling interests in our Operating Partnership (225,373)                       (225,373)      
Interest rate hedge contracts 777,342                   758,374 758,374 18,968      
Foreign currency translation adjustment (1,550,882)                   (1,511,559) (1,511,559) (39,323)      
Foreign currency hedge contract (21,170)                   (20,652) (20,652) (518)      
Ending Balance at Mar. 31, 2024 90,588,248 $ 11,169 $ 3,362 $ 5,315 $ 693 $ 1,442 $ 121 183,921,204 (21,752,353) (76,018,414) (324,652) 85,847,887 1,183,352 3,557,009 7,246,780 148,599,723
Ending Balance (in shares) at Mar. 31, 2024   11,169,453 3,362,183 5,314,552 692,631 1,441,788 120,949                  
Beginning Balance at Dec. 31, 2023 97,082,934 $ 11,100 $ 3,340 $ 5,290 $ 688 $ 383 $ 37 174,586,716 (18,590,483) (64,094,793) 449,185 92,371,463 1,514,388 3,197,083 6,727,982 148,599,723
Beginning Balance (in shares) at Dec. 31, 2023   11,100,444 3,339,780 5,289,743 687,653 382,656 36,559                  
Distributions to preferred unitholders in our Operating Partnership (6,251,155)                              
Issuance of shares for distribution reinvestment plan (DRP) 2,713,405                              
Net loss attributable to Strategic Storage Trust VI, Inc. (23,308,564)                              
Net loss attributable to the noncontrolling interests in our Operating Partnership (428,150)                              
Foreign currency hedge contract (11,913)                              
Ending Balance at Jun. 30, 2024 82,321,320 $ 11,176 $ 3,383 $ 5,333 $ 698 $ 2,311 $ 158 191,243,053 (25,055,442) (87,406,576) (1,191,656) 77,612,438 874,557 3,834,325 8,265,859 148,599,723
Ending Balance (in shares) at Jun. 30, 2024   11,176,499 3,383,188 5,333,283 697,713 2,311,302 157,590                  
Beginning Balance at Mar. 31, 2024 90,588,248 $ 11,169 $ 3,362 $ 5,315 $ 693 $ 1,442 $ 121 183,921,204 (21,752,353) (76,018,414) (324,652) 85,847,887 1,183,352 3,557,009 7,246,780 148,599,723
Beginning Balance (in shares) at Mar. 31, 2024   11,169,453 3,362,183 5,314,552 692,631 1,441,788 120,949                  
Gross proceeds from issuance of common stock 8,296,378         $ 856 $ 36 8,295,486       8,296,378        
Gross proceeds from issuance of common stock (in shares)           856,277 35,806                  
Offering costs (984,775)             (984,775)       (984,775)        
Changes to redeemable common stock (1,410,065)             (1,410,065)       (1,410,065)     1,410,065  
Redemption of common stock (91) $ (69) $ (7) $ (15)               (91)     (390,986)  
Redemption of common stock (in shares)   (69,075) (7,252) (14,702)                        
Distributions (3,303,089)               (3,303,089)     (3,303,089)        
Distributions to noncontrolling interests (84,791)                       (84,791)      
Distributions to preferred unitholders in our Operating Partnership (3,085,113)                              
Issuance of shares for distribution reinvestment plan (DRP) 1,410,065 $ 76 $ 23 $ 33 $ 5 $ 13 $ 1 1,409,914       1,410,065        
Issuance of shares for distribution reinvestment plan (DRP) (in shares)   76,121 22,911 33,433 5,082 13,237 835                  
Issuance of restricted stock 5   $ 5                 5        
Issuance of restricted stock (in shares)     5,000                          
Stock based compensation expense 8,070             8,070       8,070        
Distribution of common stock               3,219   (3,219)            
Distribution of common stock (in shares)     346                          
Issuance of Series C Subordinated Units 277,316                         277,316    
Distributions to preferred stockholders                               (3,085,113)
Net loss attributable to Strategic Storage Trust VI, Inc. (11,384,943)                 (11,384,943)   (11,384,943)       3,085,113
Net loss attributable to the noncontrolling interests in our Operating Partnership (202,777)                       (202,777)      
Interest rate hedge contracts (247,881)                   (242,024) (242,024) (5,857)      
Foreign currency translation adjustment (649,607)                   (634,019) (634,019) (15,588)      
Foreign currency hedge contract 9,257                   9,039 9,039 218      
Ending Balance at Jun. 30, 2024 82,321,320 $ 11,176 $ 3,383 $ 5,333 $ 698 $ 2,311 $ 158 191,243,053 (25,055,442) (87,406,576) (1,191,656) 77,612,438 874,557 3,834,325 8,265,859 148,599,723
Ending Balance (in shares) at Jun. 30, 2024   11,176,499 3,383,188 5,333,283 697,713 2,311,302 157,590                  
Beginning Balance at Dec. 31, 2024 64,472,918 $ 11,280 $ 3,384 $ 5,374 $ 705 $ 4,050 $ 346 207,773,199 (32,142,866) (111,392,263) (4,432,786) 59,830,423 225,081 4,417,414 10,279,772 148,599,723
Beginning Balance (in shares) at Dec. 31, 2024   11,280,098 3,383,583 5,373,889 704,761 4,049,909 346,393                  
Gross proceeds from issuance of common stock 7,245,070 $ 65       $ 628 $ 41 7,244,336       7,245,070        
Gross proceeds from issuance of common stock (in shares)   64,865       627,757 41,250                  
Offering costs (867,972)             (867,972)       (867,972)        
Changes to redeemable common stock (1,600,498)             (1,600,498)       (1,600,498)     1,600,498  
Redemption of common stock (48) $ (35) $ (8) $ (5)               (48)     (174,331)  
Redemption of common stock (in shares)   (34,616) (7,883) (5,355)                        
Distributions (3,686,874)               (3,686,874)     (3,686,874)        
Distributions to noncontrolling interests (84,008)                       (84,008)      
Distributions to preferred unitholders in our Operating Partnership                               (3,088,356)
Issuance of shares for distribution reinvestment plan (DRP) 1,600,498 $ 71 $ 21 $ 29 $ 5 $ 32 $ 2 1,600,338       1,600,498        
Issuance of shares for distribution reinvestment plan (DRP) (in shares)   70,472 21,553 29,791 4,969 31,952 1,315                  
Stock based compensation expense 10,977             10,977       10,977        
Issuance of Series C Subordinated Units 294,276                         294,276    
Net loss attributable to Strategic Storage Trust VI, Inc. (10,176,307)                 (10,176,307)   (10,176,307)       3,088,356
Net loss attributable to the noncontrolling interests in our Operating Partnership (152,735)                       (152,735)      
Interest rate hedge contracts (1,245,793)                   (1,215,280) (1,215,280) (30,513)      
Foreign currency translation adjustment 63,949                   62,709 62,709 1,240      
Foreign currency hedge contract (155,256)                   (151,458) (151,458) (3,798)      
Ending Balance at Mar. 31, 2025 55,718,197 $ 11,381 $ 3,397 $ 5,398 $ 710 $ 4,710 $ 389 214,160,380 (35,829,740) (121,568,570) (5,736,815) 51,051,240 (44,733) 4,711,690 11,705,939 148,599,723
Ending Balance (in shares) at Mar. 31, 2025   11,380,819 3,397,253 5,398,325 709,730 4,709,618 388,958                  
Beginning Balance at Dec. 31, 2024 64,472,918 $ 11,280 $ 3,384 $ 5,374 $ 705 $ 4,050 $ 346 207,773,199 (32,142,866) (111,392,263) (4,432,786) 59,830,423 225,081 4,417,414 10,279,772 148,599,723
Beginning Balance (in shares) at Dec. 31, 2024   11,280,098 3,383,583 5,373,889 704,761 4,049,909 346,393                  
Distributions to preferred unitholders in our Operating Partnership (6,211,027)                              
Issuance of shares for distribution reinvestment plan (DRP) 3,271,464                              
Net loss attributable to Strategic Storage Trust VI, Inc. (16,283,688)                              
Net loss attributable to the noncontrolling interests in our Operating Partnership (213,131)                              
Foreign currency hedge contract (1,190,074)                              
Ending Balance at Jun. 30, 2025 55,006,750 $ 11,439 $ 3,425 $ 5,416 $ 715 $ 5,358 $ 571 222,039,298 (39,658,319) (127,679,168) (4,552,685) 50,176,050 (159,716) 4,990,416 10,212,876 148,599,723
Ending Balance (in shares) at Jun. 30, 2025   11,439,366 3,424,865 5,415,942 714,861 5,358,472 571,194                  
Beginning Balance at Mar. 31, 2025 55,718,197 $ 11,381 $ 3,397 $ 5,398 $ 710 $ 4,710 $ 389 214,160,380 (35,829,740) (121,568,570) (5,736,815) 51,051,240 (44,733) 4,711,690 11,705,939 148,599,723
Beginning Balance (in shares) at Mar. 31, 2025   11,380,819 3,397,253 5,398,325 709,730 4,709,618 388,958                  
Gross proceeds from issuance of common stock 7,925,122         $ 612 $ 181 7,924,329       7,925,122        
Gross proceeds from issuance of common stock (in shares)           611,712 180,800                  
Offering costs (1,008,722)             (1,008,722)       (1,008,722)        
Adjustment to offering costs (See note 2) 949,281             949,281       949,281        
Changes to redeemable common stock (1,670,966)             (1,670,966)       (1,670,966)     1,670,966  
Redemption of common stock (25) $ (13)   $ (12)               (25)     (3,164,029)  
Redemption of common stock (in shares)   (12,636)   (12,321)                        
Distributions (3,828,579)               (3,828,579)     (3,828,579)        
Distributions to noncontrolling interests (85,022)                       (85,022)      
Distributions to preferred unitholders in our Operating Partnership (3,122,671)                              
Issuance of shares for distribution reinvestment plan (DRP) 1,670,966 $ 71 $ 23 $ 30 $ 5 $ 36 $ 1 1,670,800       1,670,966        
Issuance of shares for distribution reinvestment plan (DRP) (in shares)   71,183 22,266 29,938 5,131 37,142 1,436                  
Issuance of restricted stock 5   $ 5                 5        
Issuance of restricted stock (in shares)     5,000                          
Stock based compensation expense 10,977             10,977       10,977        
Distribution of common stock               3,219   (3,219)            
Distribution of common stock (in shares)     346                          
Issuance of Series C Subordinated Units 278,726                         278,726    
Distributions to preferred stockholders                               (3,122,671)
Net loss attributable to Strategic Storage Trust VI, Inc. (6,107,379)                 (6,107,379)   (6,107,379)       3,122,671
Net loss attributable to the noncontrolling interests in our Operating Partnership (60,396)                       (60,396)      
Interest rate hedge contracts (162,469)                   (163,668) (163,668) 1,199      
Foreign currency translation adjustment 2,411,852                   2,362,372 2,362,372 49,480      
Foreign currency hedge contract (1,034,818)                   (1,014,574) (1,014,574) (20,244)      
Ending Balance at Jun. 30, 2025 $ 55,006,750 $ 11,439 $ 3,425 $ 5,416 $ 715 $ 5,358 $ 571 $ 222,039,298 $ (39,658,319) $ (127,679,168) $ (4,552,685) $ 50,176,050 $ (159,716) $ 4,990,416 $ 10,212,876 $ 148,599,723
Ending Balance (in shares) at Jun. 30, 2025   11,439,366 3,424,865 5,415,942 714,861 5,358,472 571,194