$STSFF
Smartstop Self Storage Reit Inc

2017 Q4 Form 10-K Financial Statement

#000156459019009037 Filed on March 22, 2019

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q3 2017 Q2
Revenue $19.39M $19.94M $19.08M
YoY Change 29.75% 37.92% 94.68%
Cost Of Revenue $6.456M $5.965M
YoY Change 34.12% 65.35%
Gross Profit $13.48M $13.11M
YoY Change 39.81% 111.77%
Gross Profit Margin 67.62% 68.73%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.146M $4.945M
YoY Change 37.52% 102.96%
% of Gross Profit 38.17% 37.71%
Operating Expenses
YoY Change
Operating Profit $2.394M $741.7K $991.8K
YoY Change -368.63% -157.25% -111.13%
Interest Expense $4.310M $4.105M
YoY Change 48.32% 218.22%
% of Operating Profit 581.09% 413.91%
Other Income/Expense, Net -$90.61K -$44.38K
YoY Change -44.09% 23.93%
Pretax Income
YoY Change
Income Tax
% Of Pretax Income
Net Earnings -$2.351M -$3.875M -$3.538M
YoY Change -48.03% -38.86% -67.0%
Net Earnings / Revenue -12.13% -19.43% -18.55%
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2017 Q4 2017 Q3 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $7.355M $11.96M $12.61M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $817.5M $831.3M $832.3M
YoY Change 8.63% 25.35% 31.62%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities
Total Liabilities $410.1M $416.4M $408.6M
YoY Change 23.81% 40.79% 36.47%
SHAREHOLDERS EQUITY
Retained Earnings -$58.64M -$56.31M -$52.47M
YoY Change 33.95% 43.45% 59.41%
Common Stock $496.3M $496.3M $496.3M
YoY Change 3.24% 18.43% 32.54%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $378.5M $389.2M $401.2M
YoY Change
Total Liabilities & Shareholders Equity $817.5M $831.3M $832.3M
YoY Change 8.63% 25.35% 31.62%

Cashflow Statement

Concept 2017 Q4 2017 Q3 2017 Q2
OPERATING ACTIVITIES
Net Income -$2.351M -$3.875M -$3.538M
YoY Change -48.03% -38.86% -67.0%
Depreciation, Depletion And Amortization $5.146M $4.945M
YoY Change 37.52% 102.96%
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2017 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-4101495
CY2018 dei Entity Shell Company
EntityShellCompany
false
CY2017Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
794992504
CY2018Q4 us-gaap Development In Process
DevelopmentInProcess
130383
CY2017Q4 us-gaap Development In Process
DevelopmentInProcess
92519
CY2018Q4 us-gaap Real Estate Investments
RealEstateInvestments
766161724
CY2017Q4 us-gaap Real Estate Investments
RealEstateInvestments
795085023
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
10272020
CY2018 dei Entity Small Business
EntitySmallBusiness
true
CY2018 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
CY2018 dei Entity Ex Transition Period
EntityExTransitionPeriod
true
CY2018Q4 us-gaap Land
Land
269522776
CY2017Q4 us-gaap Land
Land
272313395
CY2018Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
507580145
CY2017Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
514648107
CY2018Q4 us-gaap Land Improvements
LandImprovements
43193105
CY2017Q4 us-gaap Land Improvements
LandImprovements
42717975
CY2018Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
820296026
CY2017Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
829679477
CY2018Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
54264685
CY2017Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
34686973
CY2018Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
766031341
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
7355422
CY2018Q4 us-gaap Restricted Cash
RestrictedCash
3740188
CY2017Q4 us-gaap Restricted Cash
RestrictedCash
4512990
CY2018Q4 us-gaap Other Assets
OtherAssets
14580417
CY2017Q4 us-gaap Other Assets
OtherAssets
5563600
CY2018Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
36907
CY2017Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
836202
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1562781
CY2017Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4144601
CY2018Q4 us-gaap Assets
Assets
796354037
CY2017Q4 us-gaap Assets
Assets
817497838
CY2018Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
406084103
CY2017Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
396792902
CY2018Q4 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
7691990
CY2017Q4 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
7451849
CY2018Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
2203837
CY2017Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
2965904
CY2018Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
2890395
CY2017Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
2852100
CY2018Q4 us-gaap Liabilities
Liabilities
418870325
CY2017Q4 us-gaap Liabilities
Liabilities
410062755
CY2018Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
0
CY2018Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
32226815
CY2017Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
24497059
CY2018Q4 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2018Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
500474807
CY2017Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
496287890
CY2018Q4 us-gaap Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
94248326
CY2017Q4 us-gaap Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
60561504
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-62340153
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-58641776
CY2018Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
8300000
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
1390354
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
1369208
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
345334653
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
378510555
CY2018Q4 us-gaap Partners Capital Attributable To Noncontrolling Interest
PartnersCapitalAttributableToNoncontrollingInterest
-77756
CY2017Q4 us-gaap Partners Capital Attributable To Noncontrolling Interest
PartnersCapitalAttributableToNoncontrollingInterest
4427469
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
345256897
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
382938024
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
796354037
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
817497838
CY2018Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2018Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
200000000
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
200000000
CY2018Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2018Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
78473091
CY2017 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
75408257
CY2016 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
45169831
CY2018 ck0001585389 Ancillary Operating Income
AncillaryOperatingIncome
1939166
CY2017 ck0001585389 Ancillary Operating Income
AncillaryOperatingIncome
700649
CY2016 ck0001585389 Ancillary Operating Income
AncillaryOperatingIncome
261315
CY2017 us-gaap Revenues
Revenues
76108906
CY2016 us-gaap Revenues
Revenues
45431146
CY2016 us-gaap Cost Of Revenue
CostOfRevenue
15976950
CY2018 us-gaap Costs And Expenses
CostsAndExpenses
64260814
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
16151443
CY2017 ck0001585389 Accretion Of Fair Market Value Of Secured Debt
AccretionOfFairMarketValueOfSecuredDebt
340382
CY2017 ck0001585389 Other Comprehensive Income Foreign Currency Forward Contract Gain Loss Net Of Tax
OtherComprehensiveIncomeForeignCurrencyForwardContractGainLossNetOfTax
4101495
CY2016 ck0001585389 Accretion Of Fair Market Value Of Secured Debt
AccretionOfFairMarketValueOfSecuredDebt
386848
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
3575111
CY2018 us-gaap Interest Expense
InterestExpense
18002274
CY2017 us-gaap Interest Expense
InterestExpense
16356565
CY2016 us-gaap Interest Expense
InterestExpense
7445230
CY2018 ck0001585389 Accretion Of Fair Market Value Of Secured Debt
AccretionOfFairMarketValueOfSecuredDebt
413353
CY2018 ck0001585389 Interest Expense Debt Issuance Costs
InterestExpenseDebtIssuanceCosts
1582049
CY2017 ck0001585389 Interest Expense Debt Issuance Costs
InterestExpenseDebtIssuanceCosts
2177833
CY2016 ck0001585389 Interest Expense Debt Issuance Costs
InterestExpenseDebtIssuanceCosts
3848286
CY2018 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-701203
CY2017 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-367385
CY2016 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-286438
CY2018 us-gaap Profit Loss
ProfitLoss
-3720730
CY2017 us-gaap Profit Loss
ProfitLoss
-14986290
CY2016 us-gaap Profit Loss
ProfitLoss
-26103609
CY2018 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-22353
CY2017 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-122225
CY2018 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3698377
CY2017 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-14864065
CY2018 ck0001585389 Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-4850547
CY2017 ck0001585389 Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
3947683
CY2018 ck0001585389 Other Comprehensive Income Foreign Currency Forward Contract Gain Loss Net Of Tax
OtherComprehensiveIncomeForeignCurrencyForwardContractGainLossNetOfTax
-5251438
CY2018 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-379745
CY2017 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
145070
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
21146
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-8742
CY2018 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-3699584
CY2017 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-14995032
CY2018 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-22226
CY2017 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-122296
CY2018 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-3677358
CY2017 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-14872736
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
165851948
CY2016 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
326028023
CY2016 us-gaap Temporary Equity Issue Period Increase Or Decrease
TemporaryEquityIssuePeriodIncreaseOrDecrease
-10790662
CY2016 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
112
CY2016 us-gaap Dividends Common Stock
DividendsCommonStock
23771809
CY2016 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
12002
CY2016 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
10791747
CY2016 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
37575
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
591721
CY2016 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
86315
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
410632923
CY2017 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
17311370
CY2017 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
1748589
CY2017 us-gaap Partners Capital Account Sale Of Units
PartnersCapitalAccountSaleOfUnits
4875454
CY2017 us-gaap Temporary Equity Issue Period Increase Or Decrease
TemporaryEquityIssuePeriodIncreaseOrDecrease
-16004705
CY2017 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
188
CY2017 us-gaap Dividends Common Stock
DividendsCommonStock
32896167
CY2017 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
277290
CY2017 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
16006277
CY2017 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
33971
CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
3947683
CY2018 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0
CY2018 ck0001585389 Adjustments To Additional Paid In Capital Redemption Of Interest In Subsidiary
AdjustmentsToAdditionalPaidInCapitalRedemptionOfInterestInSubsidiary
125000
CY2018 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
16902
CY2018 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
11
CY2018 us-gaap Temporary Equity Issue Period Increase Or Decrease
TemporaryEquityIssuePeriodIncreaseOrDecrease
-16055585
CY2018 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
788
CY2018 us-gaap Dividends Common Stock
DividendsCommonStock
33686822
CY2018 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
228863
CY2018 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
16057113
CY2018 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
75293
CY2018 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-4850547
CY2018 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
5251438
CY2018 us-gaap Depreciation And Amortization
DepreciationAndAmortization
22802691
CY2017 us-gaap Depreciation And Amortization
DepreciationAndAmortization
33452073
CY2016 us-gaap Depreciation And Amortization
DepreciationAndAmortization
22078280
CY2018 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1582049
CY2017 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1424790
CY2016 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3041890
CY2018 us-gaap Restricted Stock Expense
RestrictedStockExpense
75293
CY2017 us-gaap Restricted Stock Expense
RestrictedStockExpense
33971
CY2016 us-gaap Restricted Stock Expense
RestrictedStockExpense
37575
CY2018 ck0001585389 Unrealized Gain Loss On Foreign Currency And Derivatives
UnrealizedGainLossOnForeignCurrencyAndDerivatives
-151777
CY2017 ck0001585389 Unrealized Gain Loss On Foreign Currency And Derivatives
UnrealizedGainLossOnForeignCurrencyAndDerivatives
288603
CY2016 ck0001585389 Unrealized Gain Loss On Foreign Currency And Derivatives
UnrealizedGainLossOnForeignCurrencyAndDerivatives
0
CY2018 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1237429
CY2017 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1421813
CY2016 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
2171412
CY2018 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-794156
CY2017 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1721910
CY2016 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
2670699
CY2018 us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
-87017
CY2017 us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
339357
CY2016 us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
-41045
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
18359125
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
19935013
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-874470
CY2018 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
0
CY2017 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
49432644
CY2016 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
499863176
CY2018 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
1952738
CY2017 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
4165926
CY2016 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
8264539
CY2018 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
0
CY2017 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
0
CY2016 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
250000
CY2018 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
3358814
CY2016 us-gaap Payments For Proceeds From Hedge Investing Activities
PaymentsForProceedsFromHedgeInvestingActivities
0
CY2018 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
125000
CY2017 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
0
CY2016 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
0
CY2018 us-gaap Payments For Proceeds From Hedge Investing Activities
PaymentsForProceedsFromHedgeInvestingActivities
-2132261
CY2017 us-gaap Payments For Proceeds From Hedge Investing Activities
PaymentsForProceedsFromHedgeInvestingActivities
3947758
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3179291
CY2017 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
0
CY2016 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
0
CY2017 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
2339113
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-57546328
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-508377715
CY2018 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
91229806
CY2017 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
166186951
CY2016 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
366898908
CY2016 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
29771573
CY2018 ck0001585389 Redemption Of Common Stock
RedemptionOfCommonStock
7758830
CY2017 ck0001585389 Redemption Of Common Stock
RedemptionOfCommonStock
1741113
CY2016 ck0001585389 Redemption Of Common Stock
RedemptionOfCommonStock
1066953
CY2018 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
17566799
CY2017 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
16671024
CY2016 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
11358337
CY2018 us-gaap Repayments Of Debt
RepaymentsOfDebt
72513082
CY2017 us-gaap Repayments Of Debt
RepaymentsOfDebt
130671050
CY2016 us-gaap Repayments Of Debt
RepaymentsOfDebt
147246450
CY2018 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
1892622
CY2017 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
1564587
CY2016 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
430078
CY2018 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1892495
CY2017 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
548206
CY2016 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
4876499
CY2018 ck0001585389 Prepaid Debt Issuance Cost
PrepaidDebtIssuanceCost
1075000
CY2017 ck0001585389 Prepaid Debt Issuance Cost
PrepaidDebtIssuanceCost
0
CY2016 ck0001585389 Prepaid Debt Issuance Cost
PrepaidDebtIssuanceCost
0
CY2018 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0
CY2017 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
18879477
CY2016 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
326806655
CY2018 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
693971
CY2018 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
253480
CY2017 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
252671
CY2016 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
12003
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-12541473
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
31278664
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
498943670
CY2018 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-494565
CY2017 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
166258
CY2016 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-171642
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
2143796
CY2017 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-6166393
CY2016 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-10480157
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
11868412
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
18034805
CY2015Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
28514962
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
14012208
CY2018 us-gaap Interest Paid Net
InterestPaidNet
17976018
CY2017 us-gaap Interest Paid Net
InterestPaidNet
15994203
CY2016 us-gaap Interest Paid Net
InterestPaidNet
6597500
CY2018 us-gaap Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
16057113
CY2017 us-gaap Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
16006277
CY2016 us-gaap Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
10791747
CY2018 ck0001585389 Issuance Of Common Stock In Exchange For Units In Our Operating Partnership
IssuanceOfCommonStockInExchangeForUnitsInOurOperatingPartnership
4254009
CY2017 ck0001585389 Issuance Of Common Stock In Exchange For Units In Our Operating Partnership
IssuanceOfCommonStockInExchangeForUnitsInOurOperatingPartnership
0
CY2018 ck0001585389 Non Cash Transactions Distribution Payable
NonCashTransactionsDistributionPayable
2890395
CY2017 ck0001585389 Non Cash Transactions Distribution Payable
NonCashTransactionsDistributionPayable
2852100
CY2016 ck0001585389 Non Cash Transactions Distribution Payable
NonCashTransactionsDistributionPayable
2608609
CY2018 ck0001585389 Non Cash Transactions Foreign Currency Forward Contracts Gain Loss Included In Accounts Payable And Accrued Liabilities And Other Assets
NonCashTransactionsForeignCurrencyForwardContractsGainLossIncludedInAccountsPayableAndAccruedLiabilitiesAndOtherAssets
2774111
CY2016 ck0001585389 Issuance Of Common Stock In Exchange For Units In Our Operating Partnership
IssuanceOfCommonStockInExchangeForUnitsInOurOperatingPartnership
0
CY2017 ck0001585389 Non Cash Transactions Foreign Currency Forward Contracts Gain Loss Included In Accounts Payable And Accrued Liabilities And Other Assets
NonCashTransactionsForeignCurrencyForwardContractsGainLossIncludedInAccountsPayableAndAccruedLiabilitiesAndOtherAssets
76955
CY2016 ck0001585389 Non Cash Transactions Foreign Currency Forward Contracts Gain Loss Included In Accounts Payable And Accrued Liabilities And Other Assets
NonCashTransactionsForeignCurrencyForwardContractsGainLossIncludedInAccountsPayableAndAccruedLiabilitiesAndOtherAssets
786229
CY2018 ck0001585389 Non Cash Transactions Redemption Of Common Stock Included In Accounts Payable And Accrued Liabilities
NonCashTransactionsRedemptionOfCommonStockIncludedInAccountsPayableAndAccruedLiabilities
1291520
CY2017 ck0001585389 Non Cash Transactions Redemption Of Common Stock Included In Accounts Payable And Accrued Liabilities
NonCashTransactionsRedemptionOfCommonStockIncludedInAccountsPayableAndAccruedLiabilities
723733
CY2016 ck0001585389 Non Cash Transactions Redemption Of Common Stock Included In Accounts Payable And Accrued Liabilities
NonCashTransactionsRedemptionOfCommonStockIncludedInAccountsPayableAndAccruedLiabilities
245330
CY2018 ck0001585389 Noncash Transactions In Real Estate And Construction In Process Included In Accounts Payable And Accrued Liabilities
NoncashTransactionsInRealEstateAndConstructionInProcessIncludedInAccountsPayableAndAccruedLiabilities
617667
CY2017 ck0001585389 Noncash Transactions In Real Estate And Construction In Process Included In Accounts Payable And Accrued Liabilities
NoncashTransactionsInRealEstateAndConstructionInProcessIncludedInAccountsPayableAndAccruedLiabilities
165806
CY2016 ck0001585389 Noncash Transactions In Real Estate And Construction In Process Included In Accounts Payable And Accrued Liabilities
NoncashTransactionsInRealEstateAndConstructionInProcessIncludedInAccountsPayableAndAccruedLiabilities
0
CY2018 ck0001585389 Non Cash Transactions Debt And Accrued Liabilities On Purchase Of Real Estate
NonCashTransactionsDebtAndAccruedLiabilitiesOnPurchaseOfRealEstate
0
CY2017 ck0001585389 Non Cash Transactions Debt And Accrued Liabilities On Purchase Of Real Estate
NonCashTransactionsDebtAndAccruedLiabilitiesOnPurchaseOfRealEstate
39967787
CY2016 ck0001585389 Non Cash Transactions Debt And Accrued Liabilities On Purchase Of Real Estate
NonCashTransactionsDebtAndAccruedLiabilitiesOnPurchaseOfRealEstate
81356425
CY2018 ck0001585389 Issuance Of Units In Operating Partnership In Exchange For Real Estate
IssuanceOfUnitsInOperatingPartnershipInExchangeForRealEstate
0
CY2017 ck0001585389 Issuance Of Units In Operating Partnership In Exchange For Real Estate
IssuanceOfUnitsInOperatingPartnershipInExchangeForRealEstate
4875454
CY2016 ck0001585389 Issuance Of Units In Operating Partnership In Exchange For Real Estate
IssuanceOfUnitsInOperatingPartnershipInExchangeForRealEstate
0
CY2018 ck0001585389 Non Cash Transactions Offering Costs Included In Due To Affiliates
NonCashTransactionsOfferingCostsIncludedInDueToAffiliates
0
CY2017 ck0001585389 Non Cash Transactions Offering Costs Included In Due To Affiliates
NonCashTransactionsOfferingCostsIncludedInDueToAffiliates
299299
CY2016 ck0001585389 Non Cash Transactions Offering Costs Included In Due To Affiliates
NonCashTransactionsOfferingCostsIncludedInDueToAffiliates
3171727
CY2018 us-gaap Escrow Deposit Disbursements Related To Property Acquisition1
EscrowDepositDisbursementsRelatedToPropertyAcquisition1
0
CY2017 us-gaap Escrow Deposit Disbursements Related To Property Acquisition1
EscrowDepositDisbursementsRelatedToPropertyAcquisition1
250000
CY2016 us-gaap Escrow Deposit Disbursements Related To Property Acquisition1
EscrowDepositDisbursementsRelatedToPropertyAcquisition1
2066260
CY2018 ck0001585389 Non Cash Transactions Offering Costs Included In Accounts Payable And Accrued Liabilities
NonCashTransactionsOfferingCostsIncludedInAccountsPayableAndAccruedLiabilities
0
CY2017 ck0001585389 Non Cash Transactions Offering Costs Included In Accounts Payable And Accrued Liabilities
NonCashTransactionsOfferingCostsIncludedInAccountsPayableAndAccruedLiabilities
1410
CY2016 ck0001585389 Non Cash Transactions Offering Costs Included In Accounts Payable And Accrued Liabilities
NonCashTransactionsOfferingCostsIncludedInAccountsPayableAndAccruedLiabilities
38511
CY2018 ck0001585389 Transfer From Intangible Assets To Real Estate Facilities
TransferFromIntangibleAssetsToRealEstateFacilities
0
CY2017 ck0001585389 Transfer From Intangible Assets To Real Estate Facilities
TransferFromIntangibleAssetsToRealEstateFacilities
0
CY2016 ck0001585389 Transfer From Intangible Assets To Real Estate Facilities
TransferFromIntangibleAssetsToRealEstateFacilities
45785
CY2018 ck0001585389 Non Cash Transactions Proceeds From Issuance Of Common Stock In Other Assets
NonCashTransactionsProceedsFromIssuanceOfCommonStockInOtherAssets
0
CY2017 ck0001585389 Non Cash Transactions Proceeds From Issuance Of Common Stock In Other Assets
NonCashTransactionsProceedsFromIssuanceOfCommonStockInOtherAssets
0
CY2016 ck0001585389 Non Cash Transactions Proceeds From Issuance Of Common Stock In Other Assets
NonCashTransactionsProceedsFromIssuanceOfCommonStockInOtherAssets
1567461
CY2018 ck0001585389 Non Cash Transactions Deferred Financing Costs Included In Accounts Payable And Accrued Liabilities
NonCashTransactionsDeferredFinancingCostsIncludedInAccountsPayableAndAccruedLiabilities
0
CY2017 ck0001585389 Non Cash Transactions Deferred Financing Costs Included In Accounts Payable And Accrued Liabilities
NonCashTransactionsDeferredFinancingCostsIncludedInAccountsPayableAndAccruedLiabilities
0
CY2016 ck0001585389 Non Cash Transactions Deferred Financing Costs Included In Accounts Payable And Accrued Liabilities
NonCashTransactionsDeferredFinancingCostsIncludedInAccountsPayableAndAccruedLiabilities
94000
CY2018 us-gaap Nature Of Operations
NatureOfOperations
<p style="margin-bottom:0pt;margin-top:12pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Note 1. Organization </p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Strategic Storage Trust II, Inc., a Maryland corporation (the &#8220;Company&#8221;), was formed on January&#160;8, 2013 under the Maryland General Corporation Law for the purpose of engaging in the business of investing in self storage facilities. The Company&#8217;s year-end is December&#160;31. As used in this report, &#8220;we,&#8221; &#8220;us,&#8221; &#8220;our,&#8221; and &#8220;Company&#8221; refer to Strategic Storage Trust II, Inc. and each of our subsidiaries. </p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">SmartStop Asset Management, LLC, a Delaware limited liability company (our &#8220;Sponsor&#8221;) organized in 2013, was the sponsor of our Offering of shares of common stock, as described below. Our Sponsor is a company focused on providing real estate advisory, asset management, and property management services. Our Sponsor owns 97.5% of the economic interests (and 100% of the voting membership interests) of Strategic Storage Advisor II, LLC (our &#8220;Advisor&#8221;) and owns 100% of Strategic Storage Property Management II, LLC (our &#8220;Property Manager&#8221;).</p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">On October 1, 2015, SmartStop Self Storage, Inc. (&#8220;SmartStop&#8221;) and Extra Space Storage Inc. (&#8220;Extra Space&#8221;), along with subsidiaries of each of SmartStop and Extra Space, closed on a merger transaction (the &#8220;Extra Space Merger&#8221;) in which SmartStop was acquired by Extra Space for $13.75 per share in cash, representing an enterprise value of approximately $1.4 billion. At the closing of the Extra Space Merger, our Sponsor, which was previously owned by SmartStop, was sold to an entity controlled by H. Michael Schwartz, our Chairman of the Board of Directors and Chief Executive Officer, and became our Sponsor. The former executive management team of SmartStop continued to serve on the executive management team for our Sponsor. In addition, the majority of our management team at the time of the Extra Space Merger continues to serve on our management team, as well as the management team of our Advisor and Property Manager.</p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">We have no employees. Our Advisor, a Delaware limited liability company, was formed on January&#160;8, 2013. Our Advisor is responsible for managing our affairs on a day-to-day basis and identifying and making acquisitions and investments on our behalf under the terms of the advisory agreement we have with our Advisor (our &#8220;Advisory Agreement&#8221;). The officers of our Advisor, as well as a majority of the officers of our Sponsor, are also officers of us.</p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Our Articles of Amendment and Restatement, as amended, authorize 350,000,000 shares of Class&#160;A common stock, $0.001 par value per share (the &#8220;Class&#160;A Shares&#8221;) and 350,000,000 shares of Class&#160;T common stock, $0.001 par value per share (the &#8220;Class&#160;T Shares&#8221;) and 200,000,000 shares of preferred stock with a par value of $0.001. We offered a maximum of $1.0&#160;billion in common shares for sale to the public (the &#8220;Primary Offering&#8221;) and $95.0&#160;million in common shares for sale pursuant to our distribution reinvestment plan (collectively, the &#8220;Offering&#8221;).&nbsp;&nbsp;</p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">On January&#160;10, 2014, the Securities and Exchange Commission (&#8220;SEC&#8221;) declared our registration statement effective. On May&#160;23, 2014, we satisfied the $1.5&#160;million minimum offering requirements of our Offering and commenced formal operations. On January&#160;9, 2017, our Offering terminated. We sold approximately 48&#160;million Class&#160;A Shares and approximately 7&#160;million Class&#160;T Shares for approximately $493&#160;million and $73&#160;million respectively, in our Offering. On November&#160;30, 2016, prior to the termination of our Offering, we filed with the SEC a Registration Statement on Form S-3, which registered up to an additional $100.9&#160;million in shares under our distribution reinvestment plan (our &#8220;DRP Offering&#8221;). The DRP Offering may be terminated at any time upon 10 days&#8217; prior written notice to stockholders. As of December&#160;31, 2018, we had sold approximately 2.7&#160;million Class&#160;A Shares and approximately 0.4&#160;million Class&#160;T Shares for approximately $27.8&#160;million and $4.2&#160;million, respectively, in our DRP Offering.</p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">We invested the net proceeds from our Offering primarily in self storage facilities. As of December 31, 2018, we owned 83 self storage facilities located in 14 states (Alabama, California, Colorado, Florida, Illinois, Indiana, Maryland, Michigan, New Jersey, Nevada, North Carolina, Ohio, South Carolina and Washington) and Canada (the Greater Toronto Area).</p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">On April&#160;19, 2018, our board of directors, upon recommendation of our Nominating and Corporate Governance Committee, approved an estimated value per share of our common stock of $10.65 for our Class&#160;A Shares and Class&#160;T Shares based on the estimated value of our assets less the estimated value of our liabilities, or net asset value, divided by the number of shares outstanding on a fully diluted basis, calculated as of December&#160;31, 2017.</p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">As a result of the calculation of our estimated value per share, beginning in May 2018, shares sold pursuant to our distribution reinvestment plan are being sold at the estimated value per share of $10.65 for both Class&#160;A Shares and Class&#160;T Shares. </p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Our operating partnership, Strategic Storage Operating Partnership II, L.P., a Delaware limited partnership (our &#8220;Operating Partnership&#8221;), was formed on January&#160;9, 2013. During 2013, our Advisor purchased limited partnership interests in our Operating Partnership for $200,000 and on August&#160;2, 2013, we contributed the initial $1,000 capital contribution we received to our Operating Partnership in exchange for the general partner interest. In conjunction with the Toronto Merger (as defined in Note 7) we issued an aggregate of approximately 483,197 Class&#160;A Units of our Operating Partnership to the common stockholders of Strategic Storage Toronto Properties REIT, Inc. (&#8220;SS Toronto&#8221;), consisting of Strategic 1031, LLC (&#8220;Strategic 1031&#8221;), a subsidiary of our Sponsor, and SS Toronto REIT Advisors, Inc., an affiliate of our Sponsor. On October 1, 2018, in conjunction with the amalgamation of our Canadian entities, Strategic 1031 exchanged 483,124 Class A Units of our Operating Partnership and received 483,124 shares of our Class A common stock.&nbsp;&nbsp;Our Operating Partnership owns, directly or indirectly through one or more special purpose entities, all of the self storage properties that we acquire. As of December 31, 2018 we owned approximately 99.96% of the common units of limited partnership interests of our Operating Partnership. The remaining approximately 0.04% of the common units are owned by our Advisor, and SS Toronto REIT Advisors, Inc. As the sole general partner of our Operating Partnership, we have the exclusive power to manage and conduct the business of our Operating Partnership. We conduct certain activities through our taxable REIT subsidiary, Strategic Storage TRS II, Inc., a Delaware corporation (the &#8220;TRS&#8221;), which is a wholly-owned subsidiary of our Operating Partnership. </p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Our Property Manager was formed on January&#160;8, 2013 to manage our properties. In addition, the properties we acquired in the SSGT Merger will continue to be operated by the property manager in place at the time of the SSGT Merger. For additional information, see &#8220;Subsequent Events&#8212;Merger with Strategic Storage Growth Trust, Inc.&#8212;Property Manager.&#8221; Our Property Manager derives substantially all of its income from the property management services it performs for us. Our Property Manager may enter into sub-property management agreements with third party management companies and pay part of its management fee to such sub-property manager. From October 1, 2015 through September 30, 2017, our Property Manager contracted with Extra Space for Extra Space to serve as the sub-property manager for each of our properties located in the United States pursuant to separate sub-property management agreements for each property.&nbsp;&nbsp;</p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">On October 1, 2017, our Property Manager terminated its sub-property management agreements with Extra Space and our Property Manager began managing all of our properties in the United States directly. In connection therewith, an affiliate of our Property Manager reacquired the rights to the &#8220;SmartStop&#174; Self Storage&#8221; brand in the United States. As a result, we began using the &#8220;SmartStop&#174; Self Storage&#8221; brand at our United States properties effective October 1, 2017. Please see Note 7 &#8211; Related Party Transactions &#8211; Property Management Agreement.</p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">All properties owned or acquired in Canada have been and will continue to be managed by a subsidiary of our Sponsor and are branded using the SmartStop&#174; Self Storage brand.</p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Our dealer manager is Select Capital Corporation, a California corporation (our &#8220;Dealer Manager&#8221;). Our Dealer Manager was responsible for marketing our shares offered pursuant to our Primary Offering. Our Sponsor owns a 15% non-voting equity interest in our Dealer Manager. Affiliates of our Dealer Manager own a 2.5% non-voting membership interest in our Advisor.</p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Our Sponsor owns 100% of the membership interests of Strategic Transfer Agent Services, LLC, our transfer agent (our &#8220;Transfer Agent&#8221;). On May 31, 2018, the Company executed an agreement (the &#8220;Transfer Agent Agreement&#8221;), with our Transfer Agent to provide transfer agent and registrar services to us that are substantially similar to what a third party transfer agent would provide in the ordinary course of performing its functions as a transfer agent. Our Transfer Agent may retain and supervise third party vendors in its efforts to administer certain services. Please see Note 7 &#8211; Related Party Transactions &#8211; Transfer Agent Agreement.</p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">As we accepted subscriptions for shares of our common stock, we transferred all of the net offering proceeds to our Operating Partnership as capital contributions in exchange for additional units of interest in our Operating Partnership. However, we were deemed to have made capital contributions in the amount of gross proceeds received from investors, and our Operating Partnership was deemed to have simultaneously paid the sales commissions and other costs associated with the Offering. In addition, our Operating Partnership is structured to make distributions with respect to limited partnership units that are equivalent to the distributions made to holders of common stock. Finally, a limited partner in our Operating Partnership may later exchange his or her limited partnership units in our Operating Partnership for shares of our common stock at any time after one year following the date of issuance of their limited partnership units, subject to certain restrictions outlined in our Operating Partnership&#8217;s limited partnership agreement (the &#8220;Operating Partnership Agreement&#8221;). Our Advisor is prohibited from exchanging or otherwise transferring its limited partnership units so long as it is acting as our Advisor pursuant to our Advisory Agreement. </p> <p style="margin-bottom:0pt;margin-top:12pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">On October 1, 2018, we entered into a merger agreement with Strategic Storage Growth Trust, Inc., or SSGT, which we refer to as the SSGT Merger. The SSGT Merger was approved by SSGT's stockholders on January 18, 2019, and it was completed on January 24, 2019. See Note 11, Subsequent Events&#8212;Merger with Strategic Storage Growth Trust, Inc., for additional information related to the SSGT Merger.</p>
CY2018 us-gaap Use Of Estimates
UseOfEstimates
<p style="margin-bottom:0pt;margin-top:18pt;margin-left:4.86%;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Use of Estimates </p> <p style="margin-bottom:0pt;margin-top:6pt;text-indent:4.86%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. The current economic environment has increased the degree of uncertainty inherent in these estimates and assumptions. Management will adjust such estimates when facts and circumstances dictate. Actual results could materially differ from those estimates. The most significant estimates made include the allocation of property purchase price to tangible and intangible assets acquired and liabilities assumed at relative fair value, the determination if certain entities should be consolidated, the evaluation of potential impairment of long-lived assets, and the estimated useful lives of real estate assets and intangibles. </p>
CY2018 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1100000
CY2017 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
500000
CY2018 ck0001585389 Schedule Of Payment Related To Merger Consideration And Repayment Of Debt
ScheduleOfPaymentRelatedToMergerConsiderationAndRepaymentOfDebt
<p style="Background-color:#FFFFFF;margin-top:12pt;margin-bottom:0pt;text-indent:4.86%;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">As described above, we entered into these financings (the &#8220;SSGT Merger Financings&#8221;) for an aggregate initial draw of approximately $500.2&#160;million. The proceeds from such SSGT Merger Financings were primarily used to facilitate the SSGT Mergers as described,&#160;including the payment of the SSGT Merger Consideration and the repayment, in full, of certain of our debt, as follows:</p> <p style="Background-color:#FFFFFF;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:10pt;">&nbsp;</p> <div> <table border="0" cellspacing="0" cellpadding="0" align="center" style="border-collapse:collapse; width:80%;"> <tr> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:64.88%; border-bottom:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Merger Financings</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.66%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td colspan="2" valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:16.24%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Principal</p> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Repaid</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.66%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.5%; border-bottom:solid 0.75pt #000000;"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Original Maturity</p> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Date</p></td> </tr> <tr> <td valign="top" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:64.88%; border-top:solid 0.75pt #000000;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Raleigh/Myrtle Beach promissory note</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.24%; border-top:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">11,862,471</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.5%; border-top:solid 0.75pt #000000;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">9/1/2023</p></td> </tr> <tr> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:64.88%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Amended KeyBank Credit Facility</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.24%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">98,782,500</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.5%;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">2/1/2029</p></td> </tr> <tr> <td valign="top" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:64.88%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Oakland and Concord loan</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.24%;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">19,443,753</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.66%;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:14.5%;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">4/10/2023</p></td> </tr> <tr> <td valign="top" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:64.88%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$11M KeyBank Subordinate Loan</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.66%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.24%; border-bottom:solid 0.75pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">11,000,000</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.66%; border-bottom:solid 0.75pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#FFFFFF" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:14.5%; border-bottom:solid 0.75pt transparent;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">6/1/2020</p></td> </tr> <tr> <td valign="top" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:64.88%; border-bottom:double 2.5pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Total</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.66%; border-bottom:double 2.5pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">$</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:15.24%; border-top:solid 0.75pt #000000; border-bottom:double 2.5pt #000000;white-space:nowrap;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">141,088,724</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:double 2.5pt transparent;white-space:nowrap;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.66%; border-bottom:double 2.5pt transparent;"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> <td valign="bottom" bgcolor="#CFF0FC" style="padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:14.5%; border-bottom:double 2.5pt transparent;"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">&nbsp;</p></td> </tr> </table></div> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:4.86%;text-indent:-4.86%;font-size:10pt;">&nbsp;</p> <p style="Background-color:#FFFFFF;margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;">&nbsp;</p>
CY2018 dei Entity Incorporation Date Of Incorporation
EntityIncorporationDateOfIncorporation
2013-01-08
CY2018 ck0001585389 Stock Issuable During Period Value Dividend Reinvestment Plan
StockIssuableDuringPeriodValueDividendReinvestmentPlan
95000000
CY2018 ck0001585389 Number Of Self Storage Facilities
NumberOfSelfStorageFacilities
83
CY2018Q4 ck0001585389 Number Of States Located For Self Storage Facilities
NumberOfStatesLocatedForSelfStorageFacilities
14
CY2018 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0
CY2017 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
4400000
CY2016 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
13700000
CY2018 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2017 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2016 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2018Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
33400000
CY2017Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
34000000
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
31900000
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
29800000
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
100000
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
100000
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
100000
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
100000
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
100000
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
1100000
CY2018Q4 ck0001585389 Accumulated Amortization Of Debt Issuance Costs
AccumulatedAmortizationOfDebtIssuanceCosts
45000
CY2017Q4 ck0001585389 Accumulated Amortization Of Debt Issuance Costs
AccumulatedAmortizationOfDebtIssuanceCosts
1500000
CY2018 ck0001585389 Maximum Period For Reimbursement Of Offering Cost
MaximumPeriodForReimbursementOfOfferingCost
P60D
CY2018 ck0001585389 Maximum Offering Cost Rate Incurred On Behalf Of Entity
MaximumOfferingCostRateIncurredOnBehalfOfEntity
0.035
CY2018 ck0001585389 Reimbursement Of Offering Cost
ReimbursementOfOfferingCost
0
CY2017Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
2200000
CY2017 ck0001585389 Redemption Of Shares Pending Redemption Requests
RedemptionOfSharesPendingRedemptionRequests
200000
CY2018 ck0001585389 Redemption Of Shares Pending Redemption Requests
RedemptionOfSharesPendingRedemptionRequests
900000
CY2018 ck0001585389 Minimum Percentage Of Ordinary Taxable Income To Be Distributed To Stockholders
MinimumPercentageOfOrdinaryTaxableIncomeToBeDistributedToStockholders
0.90
CY2016Q4 ck0001585389 Real Estate Investment Property At Cost Excluding Construction In Progress
RealEstateInvestmentPropertyAtCostExcludingConstructionInProgress
727455733
CY2017 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
90112135
CY2017 ck0001585389 Real Estate Facilities Foreign Exchange Gain Loss Impact
RealEstateFacilitiesForeignExchangeGainLossImpact
7731429
CY2017 us-gaap Real Estate Improvements
RealEstateImprovements
4521592
CY2017 ck0001585389 Real Estate Cost Of Real Estate Disposed
RealEstateCostOfRealEstateDisposed
-141412
CY2017Q4 ck0001585389 Real Estate Investment Property At Cost Excluding Construction In Progress
RealEstateInvestmentPropertyAtCostExcludingConstructionInProgress
829679477
CY2018 ck0001585389 Real Estate Facilities Foreign Exchange Gain Loss Impact
RealEstateFacilitiesForeignExchangeGainLossImpact
-11915703
CY2018 us-gaap Real Estate Improvements
RealEstateImprovements
2532252
CY2018Q4 ck0001585389 Real Estate Investment Property At Cost Excluding Construction In Progress
RealEstateInvestmentPropertyAtCostExcludingConstructionInProgress
820296026
CY2016Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
14855188
CY2017 ck0001585389 Real Estate Accumulated Depreciation Real Estate Disposed
RealEstateAccumulatedDepreciationRealEstateDisposed
141412
CY2017 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
19777620
CY2017 ck0001585389 Real Estate Accumulated Depreciation Foreign Exchange Gain Loss Impact
RealEstateAccumulatedDepreciationForeignExchangeGainLossImpact
-195577
CY2018 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
20134068
CY2018 ck0001585389 Real Estate Accumulated Depreciation Foreign Exchange Gain Loss Impact
RealEstateAccumulatedDepreciationForeignExchangeGainLossImpact
556356
CY2017Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Buildings
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildings
90112135
CY2017Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangibles
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
4413750
CY2017Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
94525885
CY2017Q4 ck0001585389 Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Debt
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDebt
38360236
CY2017 us-gaap Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
6397916
CY2017 us-gaap Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual
3384484
CY2018 us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
0
CY2018 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
80412257
CY2017 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
76573381
CY2018 ck0001585389 Business Acquisitions Pro Forma Operating Expenses
BusinessAcquisitionsProFormaOperatingExpenses
61938281
CY2017 ck0001585389 Business Acquisitions Pro Forma Operating Expenses
BusinessAcquisitionsProFormaOperatingExpenses
59932625
CY2018 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-1389798
CY2017 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-2194550
CY2018 ck0001585389 Business Acquisition Pro Forma Acquisition Related Costs
BusinessAcquisitionProFormaAcquisitionRelatedCosts
0
CY2017 ck0001585389 Business Acquisition Pro Forma Acquisition Related Costs
BusinessAcquisitionProFormaAcquisitionRelatedCosts
500000
CY2018Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0464
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
99690629
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
85209014
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
1983016
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
3635428
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
31629204
CY2018Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
186093211
CY2018Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
408240502
CY2017Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
5500000
CY2018Q1 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
2200000
CY2018Q4 invest Derivative Notional Amount
DerivativeNotionalAmount
90000000
CY2017Q3 invest Derivative Notional Amount
DerivativeNotionalAmount
101000000
CY2018Q1 invest Derivative Notional Amount
DerivativeNotionalAmount
101000000
CY2017Q3 us-gaap Derivative Average Forward Exchange Rate1
DerivativeAverageForwardExchangeRate1
1.2526
CY2017 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
13586753
CY2017 ck0001585389 Related Party Transaction Cash Paid
RelatedPartyTransactionCashPaid
13799084
CY2018 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
12927373
CY2018 ck0001585389 Related Party Transaction Cash Paid
RelatedPartyTransactionCashPaid
13689440
CY2018Q1 us-gaap Revenues
Revenues
19866457
CY2018Q2 us-gaap Revenues
Revenues
20045516
CY2018Q3 us-gaap Revenues
Revenues
20313069
CY2018Q4 us-gaap Revenues
Revenues
20187215
CY2018Q1 us-gaap Costs And Expenses
CostsAndExpenses
16010116
CY2018Q2 us-gaap Costs And Expenses
CostsAndExpenses
16605713
CY2018Q3 us-gaap Costs And Expenses
CostsAndExpenses
15836436
CY2018Q4 us-gaap Costs And Expenses
CostsAndExpenses
15808549
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
3856341
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
3439803
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
4476633
CY2018Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
4378666
CY2018Q1 us-gaap Profit Loss
ProfitLoss
-667047
CY2018Q2 us-gaap Profit Loss
ProfitLoss
-1437330
CY2018Q3 us-gaap Profit Loss
ProfitLoss
-457278
CY2018Q4 us-gaap Profit Loss
ProfitLoss
-1159075
CY2018Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-661203
CY2018Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1427056
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-451424
CY2018Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1158694
CY2017Q1 us-gaap Revenues
Revenues
17707546
CY2017Q2 us-gaap Revenues
Revenues
19076777
CY2017Q3 us-gaap Revenues
Revenues
19939512
CY2017Q4 us-gaap Revenues
Revenues
19385071
CY2017Q1 us-gaap Costs And Expenses
CostsAndExpenses
18259683
CY2017Q2 us-gaap Costs And Expenses
CostsAndExpenses
18085017
CY2017Q3 us-gaap Costs And Expenses
CostsAndExpenses
19197777
CY2017Q4 us-gaap Costs And Expenses
CostsAndExpenses
16991318
CY2017Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-552137
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
991760
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
741735
CY2017Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
2393753
CY2017Q1 us-gaap Profit Loss
ProfitLoss
-5221480
CY2017Q2 us-gaap Profit Loss
ProfitLoss
-3538491
CY2017Q3 us-gaap Profit Loss
ProfitLoss
-3875164
CY2017Q4 us-gaap Profit Loss
ProfitLoss
-2351155
CY2017Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-5191114
CY2017Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3502661
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3840775
CY2017Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2329515
CY2018Q4 ck0001585389 Number Of Operating Real Estate Properties
NumberOfOperatingRealEstateProperties
28
CY2018Q4 ck0001585389 Number Of States Located For Self Storage Facilities
NumberOfStatesLocatedForSelfStorageFacilities
10
CY2018Q4 srt Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
408240498
CY2018Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
270249425
CY2018Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
537456860
CY2018Q4 ck0001585389 Real Estate And Accumulated Depreciation Initial Cost Of Land And Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfLandAndBuildingsAndImprovements
807706284
CY2018Q4 us-gaap Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Carrying Costs
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionCarryingCosts
12589742
CY2018Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
269522776
CY2018Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
550773250
CY2018Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
820296026
CY2018Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
54264685
CY2018 ck0001585389 Development In Process Net Additions And Assets Placed Into Service
DevelopmentInProcessNetAdditionsAndAssetsPlacedIntoService
37864

Files In Submission

Name View Source Status
0001564590-19-009037-index-headers.html Edgar Link pending
0001564590-19-009037-index.html Edgar Link pending
0001564590-19-009037.txt Edgar Link pending
0001564590-19-009037-xbrl.zip Edgar Link pending
ck0001585389-10k_20181231.htm Edgar Link pending
ck0001585389-20181231.xml Edgar Link completed
ck0001585389-20181231.xsd Edgar Link pending
ck0001585389-20181231_cal.xml Edgar Link unprocessable
ck0001585389-20181231_def.xml Edgar Link unprocessable
ck0001585389-20181231_lab.xml Edgar Link unprocessable
ck0001585389-20181231_pre.xml Edgar Link unprocessable
ck0001585389-ex1040_528.htm Edgar Link pending
ck0001585389-ex1041_529.htm Edgar Link pending
ck0001585389-ex231_7.htm Edgar Link pending
ck0001585389-ex232_11.htm Edgar Link pending
ck0001585389-ex311_6.htm Edgar Link pending
ck0001585389-ex312_8.htm Edgar Link pending
ck0001585389-ex321_10.htm Edgar Link pending
ck0001585389-ex322_9.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending