ACQUISITIONS (Tables)

6 Months Ended

Jun. 30, 2020

Asset Acquisitions And Dispositions [Abstract]

Schedule of investment in self storage property acquisitions

The following table summarizes the investment in self storage property acquisitions completed by the Company during the six months ended June 30, 2020 (dollars in thousands):

Acquisitions Closed During the Three Months Ended:	Number of Properties	Summary of Investment
		Cash and Acquisition Costs		Value of OP Equity(1)		Other Liabilities		Total
March 31, 2020	36	$	214,584	$	7,217	$	972	$	222,773
June 30, 2020	4	30,198		5,842		207		36,247
Total	40	$	244,782	$	13,059	$	1,179	$	259,020

^{(1)Value of OP equity represents the fair value of LTIP units, OP units and subordinated performance units.}