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VARIABLE INTERESTS (Tables)
9 Months Ended
Sep. 30, 2013
VARIABLE INTERESTS  
Schedule of the comparison of the liability balance and the maximum exposure to loss related to each VIE

 

 

 

 

 

 

 

 

Balance of

 

Amounts

 

Maximum

 

 

 

 

 

Liability

 

Investment

 

Guaranteed

 

Payable to

 

Exposure

 

 

 

 

 

Balance

 

Balance

 

Loan

 

the Company

 

to Loss

 

Difference

 

Extra Space of Sacramento One LLC

 

$

 

$

(1,077

)

$

4,307

 

$

6,033

 

$

9,263

 

$

(9,263

)

 

Schedule of the carrying amount of the liabilities and the maximum exposure to loss related to the trusts

 

 

 

 

Notes payable

 

Investment

 

Maximum

 

 

 

 

 

to Trusts

 

Balance

 

exposure to loss

 

Difference

 

Trust

 

$

36,083

 

$

1,083

 

$

35,000

 

$

 

Trust II

 

42,269

 

1,269

 

41,000

 

 

Trust III

 

41,238

 

1,238

 

40,000

 

 

 

 

$

119,590

 

$

3,590

 

$

116,000

 

$