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Property Acquisitions and Dispositions (Tables)
12 Months Ended
Dec. 31, 2021
Real Estate [Abstract]  
Schedule of Operating Properties Acquired
The following table shows the Company’s acquisitions of stores for the years ended December 31, 2021 and 2020. The table excludes purchases of raw land and improvements made to existing assets.
Consideration PaidTotal
QuarterNumber of StoresTotalCash PaidLoan AssumedFinance Lease LiabilityInvestments in Real Estate VenturesNet Liabilities/ (Assets) AssumedValue of OP Units IssuedReal estate assets
Total 202174$1,344,575 $1,011,483 $20,028 $26,998 $5,383 $4,293 $276,390 $1,344,575 
Total 202023$296,725 $254,111 $— $41,491 $— $1,123 $— $296,725 

(1)Store acquisitions during the year ended December 31, 2021 included the acquisition of five stores previously held in joint venture where the Company held a noncontrolling interest. The Company purchased its partner's equity interest in these joint ventures, and the properties owned by the joint ventures became wholly owned by the Company. In addition, store acquisitions include the acquisition of two stores that were subject to finance land leases. The right-of-use assets associated with these leases are included in real estate assets above.
(2)Store acquisitions during the year ended December 31, 2020 include the acquisition of three stores that were subject to finance land leases. The right-of-use assets associated with these leases are included in real estate assets above.