Store Acquisitions and Dispositions (Tables)

6 Months Ended

Jun. 30, 2019

Schedule of Operating Properties Acquired

The following table shows the Company’s acquisitions of stores for the three and six months ended June 30, 2019 and 2018. The table excludes purchases of raw land and improvements made to existing assets. All acquisitions are considered asset acquisitions under ASU 2017-01, "Business Combinations (Topic 805): Clarifying the Definition of a Business."



			Consideration Paid														Total
Quarter	Number of Stores		Total		Cash Paid		Loan Assumed		Investments in Real Estate Ventures			Net Liabilities/ (Assets) Assumed		Value of OP Units Issued		Number of OP Units Issued	Real estate assets
Q2 2019	1		$	8,424	$	8,424	$	—	$	—		$	—	$	—	—	$	8,424
Q1 2019	14	⁽¹⁾	223,740		202,890		17,157		2,780			913		—		—	223,740
	15		$	232,164	$	211,314	$	17,157	$	2,780		$	913	$	—	—	$	232,164

Q2 2018	17	⁽²⁾	$	237,284	$	148,648	$	87,500	$	(1,024	)	$	283	$	1,877	21,768	$	237,284
Q1 2018	5	⁽²⁾	70,787		70,171		—		489			127		—		—	70,787
	22		$	308,071	$	218,819	$	87,500	$	(535	)	$	410	$	1,877	21,768	$	308,071

⁽¹⁾ Store acquisitions during the three months ended March 31, 2019 include the purchase of 12 stores previously held in joint ventures where the Company held a noncontrolling interest. The Company purchased its partners' remaining equity interests in the joint ventures, and the properties owned by the joint ventures became wholly owned by the Company. No gain or loss was recognized as a result of these acquisitions.

⁽²⁾ Store acquisitions during the three and six months ended June 30, 2018 include the acquisition of one and 14 stores, respectively, that had been owned by a joint venture in which the Company held a noncontrolling interest. No gain or loss was recognized as a result of these acquisitions.