Segment Disclosures (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2026

Dec. 31, 2025

Segment Reporting [Abstract]

Summary of Information for Reportable Segments

The following tables summarize information for the reportable segments for the three and six months ended June 30, 2026 and 2025:

	Three Months Ended June 30,						Six Months Ended June 30,
	2026			2025			2026			2025
Revenues:
Self storage rental revenue	$	7,988,252		$	7,612,852		$	15,768,198		$	14,916,493
Ancillary operating revenue		55,025			57,788			99,892			103,505
Total revenues		8,043,277			7,670,640			15,868,090			15,019,998
Operating expenses:
Property operating expenses
Property taxes		1,064,383			959,318			2,049,703			1,893,858
Payroll		630,935			602,968			1,321,579			1,172,115
Advertising		261,115			247,138			498,863			490,868
Repairs & maintenance		229,148			243,786			550,391			555,976
Utilities		227,050			235,784			643,759			603,919
Property insurance		146,417			139,600			292,081			279,208
Administrative and professional		482,296			402,857			922,453			774,587
Total property operating expenses		3,041,344			2,831,451			6,278,829			5,770,531
Other operating expenses:
Property operating expenses — affiliates		1,373,546			1,331,452			2,735,708			2,571,719
General and administrative		1,738,455			1,678,129			3,253,205			3,381,937
Depreciation		3,368,222			3,280,079			6,661,010			6,398,481
Acquisition expenses		624,762			147,714			863,841			269,610
Total other operating expenses		7,104,985			6,437,374			13,513,764			12,621,747
Operating loss:		(2,103,052	)		(1,598,185	)		(3,924,503	)		(3,372,280	)
Other income (expense):
Interest expense		(4,329,714	)		(4,176,197	)		(8,461,813	)		(8,283,492	)
Interest expense — debt issuance costs		(161,698	)		(180,518	)		(321,550	)		(668,915	)
Derivative fair value adjustment		—			—			—			(531,449	)
Other income (expense)		19,212			(9,829	)		41,122			69,183
Equity in loss of unconsolidated real estate ventures		(747,544	)		(385,074	)		(1,561,373	)		(607,602	)
Foreign currency adjustment		(2,143,430	)		3,304,699			(3,873,704	)		3,108,763
Net loss	$	(9,466,226	)	$	(3,045,104	)	$	(18,101,821	)	$	(10,285,792	)

The following tables summarize information for the reportable segments for the years ended December 31, 2025, 2024 and 2023:

	Year Ended December 31,
	2025			2024			2023
Revenues:
Self storage rental revenue	$	30,524,132		$	28,054,695		$	20,990,999
Ancillary operating revenue		194,469			183,838			169,065
Total revenues		30,718,601			28,238,533			21,160,064
Operating expenses:
Property operating expenses
Property taxes		3,532,786			3,458,318			2,843,844
Payroll		2,438,782			2,374,917			1,982,882
Advertising		959,936			1,037,162			1,014,680
Repairs & maintenance		1,113,320			924,355			702,136
Utilities		1,209,426			1,063,451			911,251
Property insurance		568,846			598,131			394,272
Administrative and professional		1,682,571			1,560,260			1,341,823
Total property operating expenses		11,505,667			11,016,594			9,190,888
Other operating expenses:
Property operating expenses – affiliates		5,236,834			5,130,574			4,625,560
General and administrative		6,192,386			5,832,673			5,290,049
Depreciation		12,853,148			12,762,435			10,542,315
Intangible amortization expense		—			3,038,119			4,437,083
Acquisition expenses		739,585			777,255			1,601,971
Total other operating expenses		25,021,953			27,541,056			26,496,978
Operating loss:		(5,809,019	)		(10,319,117	)		(14,527,802	)
Other income (expense):
Interest expense		(16,787,056	)		(18,049,353	)		(16,104,501	)
Interest expense – debt issuance costs		(1,050,329	)		(1,278,578	)		(1,499,924	)
Derivative fair value adjustment		(531,449	)		184,425			(1,881,402	)
Other income (expense)		117,258			397,743			546,615
Equity in loss of unconsolidated real estate ventures		(2,114,897	)		—			—
Foreign currency adjustment		2,175,698			(6,513,187	)		528,949
Net loss	$	(23,999,794	)	$	(35,578,067	)	$	(32,938,065	)