$SELF
Global Self Storage Inc

2024 Q1 Form 10-K Financial Statement

#000095017024036393 Filed on March 26, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $3.034M $2.976M $12.19M
YoY Change -0.13% -2.69% 2.06%
Cost Of Revenue $1.231M $1.175M $4.549M
YoY Change 9.79% 5.28% 9.11%
Gross Profit $1.803M $1.802M $7.642M
YoY Change -5.93% -7.27% -1.72%
Gross Profit Margin 59.42% 60.53% 62.68%
Selling, General & Admin $802.7K $703.3K $2.876M
YoY Change 18.1% 2.15% 11.45%
% of Gross Profit 44.52% 39.04% 37.64%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $406.9K $414.0K $1.634M
YoY Change 0.02% 2.26% 0.91%
% of Gross Profit 22.57% 22.98% 21.38%
Operating Expenses $2.443M $1.113M $4.510M
YoY Change 10.39% 1.77% -46.42%
Operating Profit $591.0K $689.0K $3.131M
YoY Change -28.35% -18.91% -11.22%
Interest Expense $204.8K $417.4K -$172.5K
YoY Change -13.16% -202.42% -122.11%
% of Operating Profit 34.66% 60.58% -5.51%
Other Income/Expense, Net -$324.8K -$172.5K
YoY Change -293.67% -88.26%
Pretax Income $266.2K $1.097M $2.939M
YoY Change -73.18% 149.15% 42.82%
Income Tax
% Of Pretax Income
Net Earnings $266.2K $1.097M $2.939M
YoY Change -73.18% 149.15% 42.82%
Net Earnings / Revenue 8.77% 36.87% 24.11%
Basic Earnings Per Share $0.02 $0.26
Diluted Earnings Per Share $0.02 $0.10 $0.27
COMMON SHARES
Basic Shares Outstanding 11.15M 11.14M 11.05M
Diluted Shares Outstanding 11.11M 11.09M

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.740M $6.922M $6.922M
YoY Change 7.03% 8.77% 8.77%
Cash & Equivalents $6.740M $6.922M $6.922M
Short-Term Investments
Other Short-Term Assets $599.4K $575.0K $575.0K
YoY Change 11.06% 35.21% 35.21%
Inventory
Prepaid Expenses
Receivables $152.7K $169.4K $169.4K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $7.492M $7.666M $7.666M
YoY Change 7.05% 10.19% 10.19%
LONG-TERM ASSETS
Property, Plant & Equipment $55.12M $55.54M $55.54M
YoY Change -2.6% -2.46% -2.46%
Goodwill $694.1K $694.1K
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $2.600M $2.775M $2.775M
YoY Change -4.69% 17.28% 17.28%
Other Assets $151.6K $157.6K $157.6K
YoY Change -49.1% -48.13% -48.13%
Total Long-Term Assets $58.59M $59.21M $59.21M
YoY Change -3.0% -2.01% -2.01%
TOTAL ASSETS
Total Short-Term Assets $7.492M $7.666M $7.666M
Total Long-Term Assets $58.59M $59.21M $59.21M
Total Assets $66.08M $66.88M $66.88M
YoY Change -1.96% -0.75% -0.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.510M $1.678M $1.678M
YoY Change -2.38% 6.96% 6.96%
Accrued Expenses $31.00K $54.20K $54.20K
YoY Change -37.56% 0.0% 0.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.541M $1.732M $1.732M
YoY Change -0.37% 6.73% 6.73%
LONG-TERM LIABILITIES
Long-Term Debt $16.77M $16.90M $16.90M
YoY Change -3.04% -2.98% -2.98%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $16.77M $16.90M $16.90M
YoY Change -3.04% -2.98% -2.98%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.541M $1.732M $1.732M
Total Long-Term Liabilities $16.77M $16.90M $16.90M
Total Liabilities $18.31M $18.63M $18.63M
YoY Change -2.82% -2.16% -2.16%
SHAREHOLDERS EQUITY
Retained Earnings -$1.637M -$1.095M
YoY Change 166.44% 36.53%
Common Stock $112.7K $111.5K
YoY Change 1.11% 0.4%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $47.77M $48.25M $48.25M
YoY Change
Total Liabilities & Shareholders Equity $66.08M $66.88M $66.88M
YoY Change -1.96% -0.75% -0.75%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $266.2K $1.097M $2.939M
YoY Change -73.18% 149.15% 42.82%
Depreciation, Depletion And Amortization $406.9K $414.0K $1.634M
YoY Change 0.02% 2.26% 0.91%
Cash From Operating Activities $797.0K $1.114M $4.524M
YoY Change -20.6% 12.99% -5.69%
INVESTING ACTIVITIES
Capital Expenditures $10.07K $31.10K $231.1K
YoY Change -90.81% -1.05% 103.92%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$10.07K -$31.10K -$231.1K
YoY Change -90.81% -1.05% 103.91%
FINANCING ACTIVITIES
Cash Dividend Paid $806.4K $3.223M
YoY Change 0.31% 6.92%
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -949.2K -959.5K -3.779M
YoY Change 0.89% 5.06% 206.67%
NET CHANGE
Cash From Operating Activities 797.0K 1.114M 4.524M
Cash From Investing Activities -10.07K -31.10K -231.1K
Cash From Financing Activities -949.2K -959.5K -3.779M
Net Change In Cash -162.3K 123.5K 513.5K
YoY Change 247.3% 198.33% -85.12%
FREE CASH FLOW
Cash From Operating Activities $797.0K $1.114M $4.524M
Capital Expenditures $10.07K $31.10K $231.1K
Free Cash Flow $786.9K $1.083M $4.293M
YoY Change -11.99% 13.45% -8.34%

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<p style="font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">1. ORGANIZATION</span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Global Self Storage, Inc. (the “Company,” “we,” “our,” “us”) is a self-administered and self-managed Maryland real estate investment trust (“REIT”) that owns, operates, manages, acquires, and redevelops self storage properties (“stores” or “properties”) in the United States. Through its wholly owned subsidiaries, the Company owns and/or manages </span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">13</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> self-storage properties in Connecticut, Illinois, Indiana, New York, Ohio, Pennsylvania, South Carolina, and Oklahoma. The Company operates primarily in </span><span style="font-size:10pt;font-family:Times New Roman;color:#000000;white-space:pre-wrap;min-width:fit-content;">one</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> segment: rental operations.</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span></p>
CY2023Q4 us-gaap Number Of Stores
NumberOfStores
13
CY2023 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6921779
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6363610
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
106767
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
151397
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7028546
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6515007
CY2023 self Percentage Of Real Estate Investment Trust Taxable Income Distributed For Exemption Of Federal Income Tax
PercentageOfRealEstateInvestmentTrustTaxableIncomeDistributedForExemptionOfFederalIncomeTax
0.90
CY2023Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2023 self Services Agreement Original Terms
ServicesAgreementOriginalTerms
P3Y
CY2023 self Number Of Contract
NumberOfContract
1
CY2023 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-size:10pt;margin-top:18pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Use of Estimates</span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The preparation of the financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could materially differ from management’s estimates.</span></p>
CY2023Q4 us-gaap Change In Accounting Principle Accounting Standards Update Adopted
ChangeInAccountingPrincipleAccountingStandardsUpdateAdopted
true
CY2023Q4 us-gaap Change In Accounting Principle Accounting Standards Update Immaterial Effect
ChangeInAccountingPrincipleAccountingStandardsUpdateImmaterialEffect
true
CY2023Q4 us-gaap Land
Land
6122065
CY2022Q4 us-gaap Land
Land
6122065
CY2023Q4 self Real Estate Investment Buildings Improvements And Equipment
RealEstateInvestmentBuildingsImprovementsAndEquipment
60915497
CY2022Q4 self Real Estate Investment Buildings Improvements And Equipment
RealEstateInvestmentBuildingsImprovementsAndEquipment
60684393
CY2023Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
67037562
CY2022Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
66806458
CY2023Q4 self Real Estate Investment Property Accumulated Depreciation And Amortization
RealEstateInvestmentPropertyAccumulatedDepreciationAndAmortization
11556342
CY2022Q4 self Real Estate Investment Property Accumulated Depreciation And Amortization
RealEstateInvestmentPropertyAccumulatedDepreciationAndAmortization
9922298
CY2023Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
55481220
CY2022Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
56884160
CY2023Q4 us-gaap Equity Securities Fv Ni Cost
EquitySecuritiesFvNiCost
755487
CY2023Q4 self Equity Securities Unrealized Gain
EquitySecuritiesUnrealizedGain
2019542
CY2023Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
2775029
CY2022Q4 us-gaap Equity Securities Fv Ni Cost
EquitySecuritiesFvNiCost
755487
CY2022Q4 self Equity Securities Unrealized Gain
EquitySecuritiesUnrealizedGain
1610666
CY2022Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
2366153
CY2023Q4 self Fair Value Assets Level1 To Level2 Transfer Amount
FairValueAssetsLevel1ToLevel2TransferAmount
0
CY2022Q4 self Fair Value Assets Level1 To Level2 Transfer Amount
FairValueAssetsLevel1ToLevel2TransferAmount
0
CY2023Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
0
CY2022Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
0
CY2023Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
0
CY2022Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
0
CY2023Q4 us-gaap Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
14956981
CY2022Q4 us-gaap Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
15645769
CY2016Q2 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
646246
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
17244687
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
17801456
CY2023Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
343468
CY2022Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
380602
CY2023Q4 self Notes Payable Net
NotesPayableNet
16901219
CY2022Q4 self Notes Payable Net
NotesPayableNet
17420854
CY2023Q4 us-gaap Debt Instrument Collateral Amount
DebtInstrumentCollateralAmount
23900000
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
582591
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
607488
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
633449
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
660519
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
688746
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
14071894
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
17244687
CY2023Q4 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.0846
CY2023Q4 us-gaap Line Of Credit
LineOfCredit
0
CY2022Q4 us-gaap Line Of Credit
LineOfCredit
0
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
35726
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
35726
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
54199
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
54199
CY2023 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
18473
CY2022 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
14814
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P1Y9M18D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0377
CY2023 us-gaap Net Income Loss
NetIncomeLoss
2938769
CY2022 us-gaap Net Income Loss
NetIncomeLoss
2057723
CY2023 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
24425
CY2022 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
23567
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2914344
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2034156
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11045699
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10845884
CY2023 self Weighted Average Number Of Shares Outstanding Net Effect Of Dilutive Unvested Restricted Stock Awards Included For Treasury Stock Method
WeightedAverageNumberOfSharesOutstandingNetEffectOfDilutiveUnvestedRestrictedStockAwardsIncludedForTreasuryStockMethod
41518
CY2022 self Weighted Average Number Of Shares Outstanding Net Effect Of Dilutive Unvested Restricted Stock Awards Included For Treasury Stock Method
WeightedAverageNumberOfSharesOutstandingNetEffectOfDilutiveUnvestedRestrictedStockAwardsIncludedForTreasuryStockMethod
54157
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11087217
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10900041
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.26
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.19
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.26
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.19
CY2023 us-gaap Dividends Common Stock
DividendsCommonStock
3231608
CY2023 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.29
CY2022 us-gaap Dividends Common Stock
DividendsCommonStock
3019063
CY2022 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.275
CY2023 self Reimbursement Of Automobile Expenses
ReimbursementOfAutomobileExpenses
1000
CY2023 self Automobile Reimbursement Amount
AutomobileReimbursementAmount
8198
CY2022 self Automobile Reimbursement Amount
AutomobileReimbursementAmount
1878
CY2022Q2 self Proceeds Received On Ppp Loan Forgiveness
ProceedsReceivedOnPppLoanForgiveness
307210
CY2022Q2 self Proceeds Received On Ppp Loan Forgiveness
ProceedsReceivedOnPppLoanForgiveness
307210
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
450000000
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
11153513
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
11153513
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000
CY2023Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2023Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Credit Risk</span><p style="text-indent:4.533%;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">Credit risk - Financial assets that are exposed to credit risk consist primarily of cash, cash equivalents, and restricted cash and certain portions of accounts receivable including rents receivable from our tenants. Risk to collection of rents receivable is mitigated by: (i) dispersion of rents receivable across many tenants, (ii) marketing targeted to tenants that have established credit, (iii) use of autopay, and (iv) use of col</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">lection procedures. Cash, cash equivalents and restricted cash are on deposit with highly rated commercial banks and financial institutions.</span></p>
CY2023Q4 us-gaap Area Of Real Estate Property
AreaOfRealEstateProperty
830019
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
6122065
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
53470167
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Carrying Costs
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionCarryingCosts
6804458
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
6122065
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
60274625
CY2023Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
66396690
CY2023Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
10923095
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
17244687
CY2023Q4 self Aggregate Cost Of Real Estate For Us Federal Income Tax Purpose
AggregateCostOfRealEstateForUSFederalIncomeTaxPurpose
62766523

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