The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income (loss) | -1,737 |
| Depreciation and amortization | 73,200 |
| Change in deferred tax assets and liabilities | -1,046 |
| Accretion of fair market value adjustment of secured debt | -717 |
| Amortization of debt issuance costs | 3,904 |
| Equity based compensation expense | 16,623 |
| Non-cash adjustment - equity method investments in unconsolidated real estate ventures | 407 |
| Non-cash adjustment - equity method investments in managed reits | 995 |
| Accretion of financing fee revenues | 399 |
| Contingent earnout adjustment | 221 |
| Unrealized foreign currency and derivative (gains) losses | 2,319 |
| Loss on debt extinguishment | -2,533 |
| Issuance of noncontrolling interest in sst vi advisor | 0 |
| Sponsor funding reduction | 1,052 |
| Gain on disposition of real estate | 284 |
| Other assets, net | -141 |
| Managed reits receivables and other | -5,135 |
| Due to affiliates | -359 |
| Accounts payable and accrued liabilities | -5,637 |
| Net cash provided by operating activities | 84,969 |
| Third party platform acquisition, net of cash acquired | 8,057 |
| Purchase of real estate | 304,141 |
| Net proceeds from the disposition of real estate | 7,872 |
| Additions to real estate and construction in process | 13,598 |
| Insurance proceeds on insured property damage | 4,188 |
| Deposits on acquisitions | 543 |
| Settlement of foreign currency hedges designated for hedge accounting | -1,065 |
| Capital distributions from managed reits | 616 |
| Investments in unconsolidated real estate ventures | 7,356 |
| Capital distributions from unconsolidated real estate ventures | 11,021 |
| Funding of loans-SSGTIIIAnd SSGTIIISponsored DSTs | -84,818 |
| Repayment of loans-SSGTIIIAnd SSGTIIISponsored DSTs | -55,919 |
| Funding of loans-Sst Vi | -2,000 |
| Repayment of loans-Sst Vi | 0 |
| Preferred investment-Sst Vi | 34,650 |
| Preferred investment redemption-Sst Vi | 0 |
| Preferred investment-SSTXAdvisory Agreement | 1,782 |
| Purchase of sst vi subordinated class c units | 658 |
| Purchase of other assets | 73 |
| Purchase of other investments | 4,760 |
| Redemption of other investments | 1,000 |
| Net cash (used in) provided by investing activities | -380,755 |
| Gross proceeds- underwritten public offering | 931,500 |
| Offering costs | 57,281 |
| Gross proceeds - issuance of canadian notes | 511,462 |
| Gross proceeds - issuance of non-credit facility debt | 74,800 |
| Repayment - non-credit facility debt | 278,880 |
| Scheduled principal payments on non-credit facility debt | 2,900 |
| Proceeds from issuance of credit facility debt | 320,000 |
| Repayment of credit facility debt | 875,005 |
| Debt issuance costs | 3,033 |
| Debt defeasance costs | 754 |
| Payment of payroll withholding tax on stock vesting | 3,042 |
| Redemptions of noncontrolling interests in our op | 230 |
| Redemption of series a convertible preferred stock | 200,000 |
| Redemption of fractional common shares | 290 |
| Redemption of common stock | 0 |
| Repurchase of noncontrolling interest in sst vi advisor | 1,850 |
| Distributions paid - preferred stockholders | 6,967 |
| Distributions paid - common stockholders | 74,832 |
| Distributions paid - noncontrolling interests in our op | 7,106 |
| Distributions paid - other noncontrolling interests | 365 |
| Net cash provided by (used in) financing activities | 325,227 |
| Impact of foreign exchange rate changes on cash and restricted cash | 626 |
| Change in cash, cash equivalents, and restricted cash | 30,067 |
| Cash, cash equivalents, and restricted cash beginning of year | 29,301 |
| Cash, cash equivalents, and restricted cash end of year | 59,368 |
SmartStop Self Storage REIT, Inc. (STSFF)
SmartStop Self Storage REIT, Inc. (STSFF)