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Segment Information - Schedule of Financial Information of Business Segments (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Segment Reporting Information [Line Items]                      
Revenues $ 281,842 $ 284,156 $ 276,003 $ 263,008 $ 261,016 $ 257,183 $ 244,273 $ 229,403 $ 1,105,009 $ 991,875 $ 782,270
Cost of operations 140,728 144,275 139,596 138,805 137,832 134,459 133,971 135,775 563,404 542,037 487,614
Total segment net operating income 141,114 139,881 136,407 124,203 123,184 122,724 110,302 93,628 541,605 449,838 294,656
General and administrative expense                 (78,961) (81,806) (67,758)
Gain (loss) on real estate transactions, earnout from prior acquisition and sale of other assets                 112,789 8,465 1,501
Interest expense                 (153,511) (133,479) (95,682)
Non-cash interest expense related to amortization of discount on equity component of exchangeable senior notes                 (5,103) (4,980) (3,310)
Interest income                 3,801 6,148 3,461
Interest income on note receivable from Preferred Operating Partnership unit holder                 2,935 4,850 4,850
Equity in earnings of unconsolidated real estate ventures                 15,331 12,895 12,351
Equity in earnings of unconsolidated real estate ventures - gain on sale of real estate assets and purchase of partners' interests                 0 69,199 2,857
Income tax expense                 (3,625) (15,847) (11,148)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ 229,315 $ 101,075 $ 94,098 $ 89,734 $ 90,416 $ 127,226 $ 90,040 $ 89,407 514,222 397,089 209,536
Operating Segments                      
Segment Reporting Information [Line Items]                      
Revenues                 1,065,630 952,033 748,109
Cost of operations                 291,147 265,560 216,998
Total segment net operating income                 774,483 686,473 531,111
Property management fees and other income                 39,379 39,842 34,161
General and administrative expense                 (78,961) (81,806) (67,758)
Depreciation and amortization expense                 (193,296) (182,560) (133,457)
Acquisition and other related costs                 0 (12,111) (69,401)
Gain (loss) on real estate transactions, earnout from prior acquisition and sale of other assets                 112,789 8,465 1,501
Interest expense                 (153,511) (133,479) (95,682)
Non-cash interest expense related to amortization of discount on equity component of exchangeable senior notes                 (5,103) (4,980) (3,310)
Interest income                 3,801 6,148 3,461
Interest income on note receivable from Preferred Operating Partnership unit holder                 2,935 4,850 4,850
Equity in earnings of unconsolidated real estate ventures                 15,331 12,895 12,351
Equity in earnings of unconsolidated real estate ventures - gain on sale of real estate assets and purchase of partners' interests                 0 69,199 2,857
Income tax expense                 (3,625) (15,847) (11,148)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest                 514,222 397,089 209,536
Operating Segments | Self-storage operations                      
Segment Reporting Information [Line Items]                      
Revenues                 967,229 864,742 676,138
Cost of operations                 271,974 250,005 203,965
Total segment net operating income                 695,255 614,737 472,173
Operating Segments | Tenant reinsurance                      
Segment Reporting Information [Line Items]                      
Revenues                 98,401 87,291 71,971
Cost of operations                 19,173 15,555 13,033
Total segment net operating income                 $ 79,228 $ 71,736 $ 58,938