Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Investment in storage facilities:
Land	$ 1,266,040	$ 1,185,976
Building, equipment, and construction in progress	6,468,230	5,904,481
Real estate investment property, at cost, total	7,734,270	7,090,457
Less: accumulated depreciation	(1,088,128)	(1,007,650)
Investment in storage facilities, net	6,646,142	6,082,807
Cash and cash equivalents	32,639	171,865
Accounts receivable	21,136	17,784
Receivable from unconsolidated joint ventures	625	333
Investment in unconsolidated joint ventures	202,026	213,003
Prepaid expenses	11,728	9,918
Trade name	16,500	16,500
Other assets	36,388	44,387
Total Assets	6,967,184	6,556,597
Liabilities
Line of credit	303,000	0
Term notes, net	2,749,735	2,747,838
Accounts payable and accrued liabilities	119,962	131,778
Deferred revenue	32,583	27,277
Mortgages payable	36,646	37,030
Total Liabilities	3,241,926	2,943,923
Noncontrolling redeemable Preferred Operating Partnership Units at redemption value	90,772	90,783
Noncontrolling redeemable Common Operating Partnership Units at redemption value	114,125	142,892
Shareholders' Equity/ Partners' Capital
Common stock $.01 par value, 200,000,000 shares authorized, 84,384,380 shares outstanding at June 30, 2022 (83,565,710 at December 31, 2021)	844	836
Additional paid-in capital	3,801,203	3,697,000
Dividends in excess of net income	(278,020)	(314,713)
Accumulated other comprehensive loss	(3,666)	(4,124)
Total Shareholders’ Equity	3,520,361	3,378,999
Total Liabilities and Shareholders' Equity/ Partners' Capital	6,967,184	6,556,597
Life Storage LP [Member]
Investment in storage facilities:
Land	1,266,040	1,185,976
Building, equipment, and construction in progress	6,468,230	5,904,481
Real estate investment property, at cost, total	7,734,270	7,090,457
Less: accumulated depreciation	(1,088,128)	(1,007,650)
Investment in storage facilities, net	6,646,142	6,082,807
Cash and cash equivalents	32,639	171,865
Accounts receivable	21,136	17,784
Receivable from unconsolidated joint ventures	625	333
Investment in unconsolidated joint ventures	202,026	213,003
Prepaid expenses	11,728	9,918
Trade name	16,500	16,500
Other assets	36,388	44,387
Total Assets	6,967,184	6,556,597
Liabilities
Line of credit	303,000	0
Term notes, net	2,749,735	2,747,838
Accounts payable and accrued liabilities	119,962	131,778
Deferred revenue	32,583	27,277
Mortgages payable	36,646	37,030
Total Liabilities	3,241,926	2,943,923
Noncontrolling redeemable Preferred Operating Partnership Units at redemption value	90,772	90,783
Noncontrolling redeemable Common Operating Partnership Units at redemption value	114,125	142,892
Shareholders' Equity/ Partners' Capital
General partner (887,018 and 881,030 units outstanding at June 30, 2022 and December 31, 2021, respectively)	37,277	36,131
Limited partners (83,497,362 and 82,684,680 units outstanding at June 30, 2022 and December 31, 2021, respectively)	3,486,750	3,346,992
Accumulated other comprehensive loss	(3,666)	(4,124)
Total Partners’ Capital	3,520,361	3,378,999
Total Liabilities and Shareholders' Equity/ Partners' Capital	$ 6,967,184	$ 6,556,597