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SELF STORAGE PROPERTIES
 3 Months Ended
Mar. 31, 2022
Real Estate [Abstract]  
SELF STORAGE PROPERTIES SELF STORAGE PROPERTIES
Self storage properties are summarized as follows (dollars in thousands):
March 31, 2022December 31, 2021
Land$1,044,317 $1,028,431 
Buildings and improvements4,838,336 4,760,567 
Furniture and equipment9,753 9,190 
Total self storage properties5,892,406 5,798,188 
Less accumulated depreciation(624,368)(578,717)
Self storage properties, net$5,268,038 $5,219,471 
Depreciation expense related to self storage properties amounted to $46.7 million and $29.4 million during the three months ended March 31, 2022 and 2021, respectively.