XML 47 R37.htm IDEA: XBRL DOCUMENT v3.24.2.u1
INVESTMENT IN UNCONSOLIDATED REAL ESTATE VENTURES - Condensed Financial Position (Details) - USD ($)
$ in Thousands
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
ASSETS            
Self storage properties $ 5,818,388   $ 5,792,174      
Less accumulated depreciation (961,977)   (874,359)      
Self storage properties, net 4,856,411   4,917,815      
Other assets 138,522   134,002      
Total assets 5,321,101   5,931,811      
LIABILITIES AND EQUITY            
Debt financing 3,365,836   3,658,205      
Equity 1,817,065 $ 1,947,072 2,125,841 $ 2,384,401 $ 2,405,074 $ 2,389,014
Total liabilities and equity 5,321,101   5,931,811      
Joint venture | Unconsolidated real estate ventures            
ASSETS            
Self storage properties 2,547,923   2,200,522      
Less accumulated depreciation (405,518)   (369,412)      
Self storage properties, net 2,142,405   1,831,110      
Other assets 45,696   37,826      
Total assets 2,188,101   1,868,936      
LIABILITIES AND EQUITY            
Debt financing 1,212,592   1,003,223      
Other liabilities 34,110   28,333      
Equity 941,399   837,380      
Total liabilities and equity $ 2,188,101   $ 1,868,936