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Segment Information - Schedule of Financial Information (Detail) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Segment Reporting Information [Line Items]        
Revenues: $ 748,034 $ 498,902 $ 1,762,470 $ 1,417,452
Operating expenses: 448,242 229,045 925,797 650,869
Net operating income: 299,792 269,857 836,673 780,832
Management fees and other income 28,019 22,246 71,609 62,720
Transaction costs 0 0 0 (1,465)
Life Storage Merger transition costs (54,174) 0 (54,174) 0
General and administrative expense (37,406) (32,275) (107,011) (93,288)
Depreciation and amortization expense (152,338) (71,423) (309,914) (208,396)
Gain on real estate transactions 0 0 0 14,249
Interest expense (122,899) (56,245) (289,370) (146,249)
Interest income 22,092 18,125 62,607 52,174
Equity in earnings and dividend income from unconsolidated real estate entities 15,043 11,149 38,602 30,436
Income tax expense (6,944) (6,760) (17,238) (15,516)
Net income 198,856 236,126 623,046 701,677
Operating Segments        
Segment Reporting Information [Line Items]        
Revenues: 720,015 476,656 1,690,861 1,354,732
Operating expenses: 204,324 125,347 454,698 347,720
Net operating income: 515,691 351,309 1,236,163 1,007,012
Self-Storage Operations | Operating Segments        
Segment Reporting Information [Line Items]        
Revenues: 650,887 428,787 1,525,596 1,216,639
Operating expenses: 185,194 114,577 416,997 322,371
Net operating income: 465,693 314,210 1,108,599 894,268
Tenant Reinsurance | Operating Segments        
Segment Reporting Information [Line Items]        
Revenues: 69,128 47,869 165,265 138,093
Operating expenses: 19,130 10,770 37,701 25,349
Net operating income: $ 49,998 $ 37,099 $ 127,564 $ 112,744