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SELF STORAGE PROPERTIES
 9 Months Ended
Sep. 30, 2022
Real Estate [Abstract]  
SELF STORAGE PROPERTIES SELF STORAGE PROPERTIES
Self storage properties are summarized as follows (dollars in thousands):
September 30, 2022December 31, 2021
Land$1,106,991 $1,028,431 
Buildings and improvements5,227,823 4,760,567 
Furniture and equipment10,634 9,190 
Total self storage properties6,345,448 5,798,188 
Less accumulated depreciation(722,010)(578,717)
Self storage properties, net$5,623,438 $5,219,471 
Depreciation expense related to self storage properties amounted to $49.8 million and $33.3 million during the three months ended September 30, 2022 and 2021, respectively and $144.3 million and $94.2 million during the nine months ended September 30, 2022 and 2021, respectively.