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Net Investments in Properties and Real Estate Under Construction (Tables)
3 Months Ended
Mar. 31, 2016
Real Estate [Abstract]  
Schedule of Real Estate Properties
Operating real estate, which consists of our domestic self-storage operations, at cost, is summarized as follows (in thousands):
 
March 31, 2016
 
December 31, 2015
Land
$
57,510

 
$
66,066

Buildings
179,081

 
209,455

Less: Accumulated depreciation
(27,515
)
 
(30,308
)
 
$
209,076

 
$
245,213

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):
 
March 31, 2016
 
December 31, 2015
Land
$
574,324

 
$
560,257

Buildings
2,155,704

 
2,098,620

Less: Accumulated depreciation
(245,314
)
 
(225,867
)
 
$
2,484,714

 
$
2,433,010

Schedule of Real Estate Under Construction
The following table provides the activity of our Real estate under construction (in thousands):
 
Three Months Ended
 
March 31, 2016
Beginning balance
$
1,068

Capitalized funds
1,471

Placed into service
(484
)
Foreign currency translation adjustments, building improvements, and other
(36
)
Ending balance
$
2,019

Assets Held for Sale
Below is a summary of our properties held for sale (in thousands):
 
March 31, 2016
 
December 31, 2015
Operating real estate, net
$
13,771

 
$

Assets held for sale
$
13,771

 
$