XML 82 R44.htm IDEA: XBRL DOCUMENT v3.25.4
SHAREHOLDERS' EQUITY AND NONCONTROLLING INTERESTS - Narrative (Details)
$ / shares in Units, $ in Thousands
12 Months Ended
Jul. 01, 2024
shares
Mar. 16, 2023
USD ($)
property
shares
Mar. 15, 2023
shares
Dec. 31, 2025
USD ($)
property
$ / shares
shares
Dec. 31, 2024
USD ($)
$ / shares
shares
Dec. 31, 2023
shares
Nov. 19, 2024
USD ($)
Nov. 14, 2024
USD ($)
Jul. 11, 2022
USD ($)
Feb. 27, 2019
USD ($)
Class of Stock [Line Items]                    
Redemptions of units (in shares) (11,906,167)                  
Preferred shares of beneficial interest, outstanding (in shares)       14,704,845 14,695,458          
Preferred shares of beneficial interest, authorized (in shares)       50,000,000 50,000,000          
Preferred shares of beneficial interest, par value (in dollars per share) | $ / shares       $ 0.01 $ 0.01          
Issuance of preferred shares (in shares) 17,984,787                  
Number of properties | property       1,063            
Series A and B Preferred shares of beneficial interest, shares authorized, issued and outstanding at liquidation preference | $       $ 341,130 $ 340,895          
Sales agreement under ATM program | $                   $ 169,100
Repurchase amount | $         $ 275,000     $ 350,000 $ 400,000  
Remaining capacity | $       $ 350,300            
Common Shares                    
Class of Stock [Line Items]                    
Redemptions of units (in shares)       (735,035) (1,454,837) (1,275,854)        
Series A Preferred Shares                    
Class of Stock [Line Items]                    
Preferred shares of beneficial interest, outstanding (in shares)       9,036,717            
Series B Preferred Stock                    
Class of Stock [Line Items]                    
Preferred shares of beneficial interest, outstanding (in shares)       5,668,128            
Preferred stock, shares tied to promissory note   1,059,683                
Series B Preferred Stock | Personal Mini                    
Class of Stock [Line Items]                    
Issuance of preferred shares (in shares)   5,668,128                
Preferred stock, value, issued | $   $ 139,600                
Number of properties | property   15                
Financing receivable, after allowance for credit loss | $   $ 26,100                
Series A and B Preferred shares of beneficial interest, shares authorized, issued and outstanding at liquidation preference | $   26,100                
Proceeds from issuance of preferred stock and preference stock | $   113,100                
NSA OP, LP | Series A-1 preferred units                    
Class of Stock [Line Items]                    
Preferred stock, dividend rate, percentage       6.00%            
Preferred shares cash redemption price (in dollars per share) | $ / shares       $ 25.00            
Unit conversion ratio       1            
Minimum conversion period (in years)       10 years            
NSA OP, LP | Series B Preferred Stock                    
Class of Stock [Line Items]                    
Preferred stock, dividend rate, percentage     6.00%              
Preferred shares of beneficial interest, authorized (in shares)     7,000,000              
Preferred shares of beneficial interest, par value (in dollars per share) | $ / shares       $ 25.00            
NSA OP, LP | Class B Unit | Retirement of Northwest                    
Class of Stock [Line Items]                    
Issuance of preferred shares (in shares)       199,975            
NSA OP, LP | OP units                    
Class of Stock [Line Items]                    
Redemptions of units (in shares)       (261,430)            
Unit conversion ratio       1            
Minimum conversion period (in years)       1 year            
NSA OP, LP | OP units | Common Shares                    
Class of Stock [Line Items]                    
Redemptions of units (in shares)       (735,035)            
NSA OP, LP | LTIP units                    
Class of Stock [Line Items]                    
Issuance of preferred shares (in shares)       144,238            
Unit conversion ratio       1            
Number of units converted (in units)       144,238            
Personal Mini Affiliate | Class B Unit | Personal Mini                    
Class of Stock [Line Items]                    
Payments to acquire interest in subsidiaries and affiliates | $   $ 26,100                
DownREIT Partnership | OP units                    
Class of Stock [Line Items]                    
Unit conversion ratio       1            
Minimum conversion period (in years)       5 years            
Prior At The Market Sales Agreement                    
Class of Stock [Line Items]                    
Value of common and preferred shares authorized under ATM program | $             $ 400,000      
At the Market Program                    
Class of Stock [Line Items]                    
Value of remaining available offered shares | $       $ 400,000            
Series A Cumulative Redeemable Preferred Shares of Beneficial Interest, par value $0.01 per share                    
Class of Stock [Line Items]                    
Preferred stock, dividend rate, percentage       6.00%            
Preferred shares per share amount of dividends (in dollars per share) | $ / shares       $ 1.50            
Series A Cumulative Redeemable Preferred Shares of Beneficial Interest, par value $0.01 per share | Series A-1 preferred units                    
Class of Stock [Line Items]                    
Preferred stock, dividend rate, percentage       6.00%            
Series A Cumulative Redeemable Preferred Shares of Beneficial Interest, par value $0.01 per share | NSA OP, LP                    
Class of Stock [Line Items]                    
Preferred shares cash redemption price (in dollars per share) | $ / shares       $ 25.00            
Series A Cumulative Redeemable Preferred Shares of Beneficial Interest, par value $0.01 per share | NSA OP, LP | Series A Preferred Shares                    
Class of Stock [Line Items]                    
Redemptions of units (in shares)       (9,387)            
Common Shares of Beneficial Interest, $0.01 par value per share | At the Market Program                    
Class of Stock [Line Items]                    
Sale of stock, number of shares issued in transaction (in shares)       0 0