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INVESTMENT IN UNCONSOLIDATED REAL ESTATE VENTURES (Tables)
 12 Months Ended
Dec. 31, 2025
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Condensed Financial Information of Unconsolidated Real Estate Ventures
The following table presents the combined condensed financial position of the Company's unconsolidated real estate ventures as of December 31, 2025 and December 31, 2024 (dollars in thousands):
December 31,
20252024
ASSETS
Self storage properties, net$2,762,740 $2,700,632 
Less accumulated depreciation(525,006)(445,006)
Self storage properties, net2,237,734 2,255,626 
Other assets35,836 43,513 
Total assets$2,273,570 $2,299,139 
LIABILITIES AND EQUITY
Debt financing$1,214,325 $1,213,169 
Other liabilities33,068 37,206 
Equity1,026,177 1,048,764 
Total liabilities and equity$2,273,570 $2,299,139 
The following table presents the combined condensed operating information of the Company's unconsolidated real estate ventures for the years ended December 31, 2025, 2024 and 2023 (dollars in thousands):
Year Ended December 31,
202520242023
Total revenue$249,185 $242,480 $214,292 
Property operating expenses(86,201)(76,558)(59,740)
Supervisory, administrative and other expenses
(16,182)(15,822)(14,146)
Depreciation and amortization(82,928)(82,878)(68,333)
Interest expense(54,685)(53,063)(41,665)
Non-operating income (expense)929 (677)(459)
Net income$10,118 $13,482 $29,949