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Real Estate, Operating Real Estate, and Assets Held for Sale (Tables)
9 Months Ended
Sep. 30, 2017
Real Estate [Abstract]  
Schedule of Real Estate Properties
Operating real estate, which consists of our wholly owned domestic self-storage operations, at cost, is summarized as follows (in thousands):
 
September 30, 2017
 
December 31, 2016
Land
$
55,645

 
$
55,645

Buildings and improvements
204,304

 
203,326

Less: Accumulated depreciation
(23,909
)
 
(18,876
)
 
$
236,040

 
$
240,095

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):
 
September 30, 2017
 
December 31, 2016
Land
$
564,268

 
$
563,050

Buildings and improvements
2,188,256

 
2,182,374

Real estate under construction
981

 

Less: Accumulated depreciation
(336,331
)
 
(280,657
)
 
$
2,417,174

 
$
2,464,767

Disclosure of Long Lived Assets Held-for-sale
Below is a summary of our properties held for sale (in thousands):
 
September 30, 2017
 
December 31, 2016
Real estate, net
$

 
$
14,850

Assets held for sale
$

 
$
14,850