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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, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Segment Reporting Information [Line Items]                      
Revenues $ 335,801 $ 337,505 $ 323,602 $ 311,546 $ 307,353 $ 306,953 $ 296,813 $ 285,485 $ 1,308,454 $ 1,196,604 $ 1,105,009
Operating expenses 171,156 174,867 165,609 163,069 150,676 153,362 152,097 151,573 674,701 607,708 563,404
Net operating income 164,645 162,638 157,993 148,477 156,677 153,591 144,716 133,912 634,958 619,703 654,394
Property management fees and other income                 49,890 41,757 39,379
General and administrative expense                 (89,418) (81,256) (78,961)
Depreciation and amortization expense                 (219,857) (209,050) (193,296)
Gain on real estate transactions and impairment of real estate                 1,205 30,807 112,789
Interest expense                 (186,526) (178,436) (153,511)
Non-cash interest expense related to amortization of discount on equity component of exchangeable senior notes                 (4,742) (4,687) (5,103)
Interest income                 7,467 5,292 6,736
Equity in earnings of unconsolidated real estate entities                 11,274 14,452 15,331
Income tax expense                 (11,308) (9,244) (3,625)
Net income $ 120,279 $ 115,995 $ 112,689 $ 102,160 $ 109,250 $ 139,687 $ 102,713 $ 95,430 451,123 447,080 514,222
Operating Segments                      
Segment Reporting Information [Line Items]                      
Revenues                 1,258,564 1,154,847 1,065,630
Operating expenses                 365,426 317,402 291,147
Net operating income                 893,138 837,445 774,483
Operating Segments | Self-Storage Operations                      
Segment Reporting Information [Line Items]                      
Revenues                 1,130,177 1,039,340 967,229
Operating expenses                 336,050 291,695 271,974
Net operating income                 794,127 747,645 695,255
Operating Segments | Tenant Reinsurance                      
Segment Reporting Information [Line Items]                      
Revenues                 128,387 115,507 98,401
Operating expenses                 29,376 25,707 19,173
Net operating income                 $ 99,011 $ 89,800 $ 79,228