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Net Investments in Properties and Real Estate Under Construction (Tables)
6 Months Ended
Jun. 30, 2015
Real Estate [Abstract]  
Schedule of Real Estate Properties
Real estate, which consists of land and buildings leased to others, at cost, and which are subject to operating leases, is summarized as follows (in thousands):
 
June 30, 2015
 
December 31, 2014
Land
$
552,071

 
$
513,172

Buildings
2,006,916

 
1,883,543

Less: Accumulated depreciation
(198,050
)
 
(175,478
)
 
$
2,360,937

 
$
2,221,237

Operating real estate, which consists of our domestic self-storage operations, at cost, is summarized as follows (in thousands):
 
June 30, 2015
 
December 31, 2014
Land
$
66,066

 
$
66,066

Buildings
207,245

 
206,793

Less: Accumulated depreciation
(26,238
)
 
(22,217
)
 
$
247,073

 
$
250,642

Other Real Estate, Roll Forward
The following table provides the activity of our Real estate under construction (in thousands):
 
Six Months Ended
 
Year Ended
 
June 30, 2015
 
December 31, 2014
Beginning balance
$
110,983

 
$
127,935

Capitalized funds
14,090

 
74,420

Placed into service
(117,120
)
 
(96,807
)
Capitalized interest
2,125

 
6,661

Foreign currency translation adjustments, building improvements, and other
(1,490
)
 
(1,226
)
Ending balance
$
8,588

 
$
110,983