Property Acquisitions and Dispositions (Tables)

12 Months Ended

Dec. 31, 2019

Schedule of Operating Properties Acquired

The following table shows the Company’s acquisitions of stores for the years ended December 31, 2019 and 2018. The table excludes purchases of raw land or improvements made to existing assets.



			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
Q4 2019	5		$	51,278	$	51,058	$	—	$	—		$	220		$	—	—	$	51,278
Q3 2019	1		16,937		16,941		—		—			(4		)	—		—	16,937
Q2 2019	1		8,424		8,424		—		—			—			—		—	8,424
Q1 2019	14		223,740		202,890		17,157		2,780			913			—		—	223,740
	21	⁽¹⁾	$	300,379	$	279,313	$	17,157	$	2,780		$	1,129		$	—	—	$	300,379

Q4 2018	6		$	74,852	$	74,868	$	—	$	—		$	(16	)	$	—	—	$	74,852
Q3 2018	6		74,694		71,989		—		—			2,705			—		—	74,694
Q2 2018	17		237,284		148,650		87,500		(1,024		)	281			1,877		21,768	237,284
Q1 2018	5		70,787		70,171		—		489			127			—		—	70,787
	34	⁽²⁾	$	457,617	$	365,678	$	87,500	$	(535	)	$	3,097		$	1,877	21,768	$	457,617

(1)

Store acquisitions during the year ended December 31, 2019 include the acquisition 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 year ended December 31, 2018 include the acquisition of 15 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.