SELF STORAGE PROPERTIES (Tables)

12 Months Ended

Dec. 31, 2024

Real Estate [Abstract]

Schedule of self storage properties

Self storage properties, excluding properties classified as held for sale, are summarized as follows (dollars in thousands):

	December 31,
	2024		2023
Land	$	1,047,416	$	1,035,562
Buildings and improvements	4,804,789		4,746,105
Furniture and equipment	11,929		10,507
Total self storage properties	5,864,134		5,792,174
Less accumulated depreciation	(1,051,638)		(874,359)
Self storage properties, net	$	4,812,496	$	4,917,815