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Noncontrolling Interests
6 Months Ended
Jun. 30, 2020
Noncontrolling Interests [Abstract]  
Noncontrolling Interests 7.Noncontrolling Interests

At June 30, 2020, the noncontrolling interests represent (i) third-party equity interests in subsidiaries owning 20 operating self-storage facilities and six self-storage facilities that are under construction and (ii) 231,978 partnership units held by third-parties in a subsidiary that are convertible on a one-for-one basis (subject to certain limitations) into common shares of the Company at the option of the unitholder (collectively, the “Noncontrolling Interests”). At June 30, 2020, the Noncontrolling Interests cannot require us to redeem their interests, other than pursuant to a liquidation of the subsidiary.

During the six months ended June 30, 2020 and 2019, we allocated a total of $1.9 million and $2.6 million, respectively, of income to these interests; and we paid $2.6 million and $3.5 million, respectively, in distributions to these interests.

During the six months ended June 30, 2020 and 2019, Noncontrolling Interests contributed $1.4 million and $1.3 million, respectively, to our subsidiaries.