Subsequent Events	6 Months Ended
Jun. 30, 2022
Subsequent Events [Abstract]
Subsequent Events	17. SUBSEQUENT EVENTS On July 5, 2022, the Company declared a quarterly dividend of $1.08 per common share. The dividend was paid on July 26, 2022 to shareholders of record on July 15, 2022. The total dividend paid amounted to $91.1 million. On July 13, 2022, the Company entered into an amended and restated credit facility, which amends and restates the existing revolving credit agreement (see Note 6). Under the amended credit facility, the Company's revolving credit facility increased to $1.25 billion with a maturity date of January 13, 2027. Such credit agreement provides for interest on the revolving credit facility at a variable annual rate equal to SOFR plus a 0.10% SOFR adjustment plus a margin based on the Company's credit rating (at the time of the agreement, the margin is 0.90%). The Company has the option under the new credit facility to increase the total aggregate borrowing capacity to $2.0 billion. The initial draws from the facility were used by the Company to refinance indebtedness issued under the previous facility. As discussed in Note 16, subsequent to June 30, 2022, the Company acquired one self-storage facility for an aggregate purchase price of $20.0 million. In addition to the self-storage facilities under contract at June 30, 2022, subsequent to June 30, 2022, the Company entered into contracts to acquire seven additional self-storage facilities for an aggregate purchase price of $140.1 million. The purchases of these self-storage facilities are subject to customary conditions to closing, and there is no assurance that these facilities will be acquired.

Subsequent Events

6 Months Ended

Jun. 30, 2022

17. SUBSEQUENT EVENTS

On July 5, 2022, the Company declared a quarterly dividend of $1.08 per common share. The dividend was paid on July 26, 2022 to shareholders of record on July 15, 2022. The total dividend paid amounted to $91.1 million.

On July 13, 2022, the Company entered into an amended and restated credit facility, which amends and restates the existing revolving credit agreement (see Note 6). Under the amended credit facility, the Company's revolving credit facility increased to $1.25 billion with a maturity date of January 13, 2027. Such credit agreement provides for interest on the revolving credit facility at a variable annual rate equal to SOFR plus a 0.10% SOFR adjustment plus a margin based on the Company's credit rating (at the time of the agreement, the margin is 0.90%). The Company has the option under the new credit facility to increase the total aggregate borrowing capacity to $2.0 billion. The initial draws from the facility were used by the Company to refinance indebtedness issued under the previous facility.

As discussed in Note 16, subsequent to June 30, 2022, the Company acquired one self-storage facility for an aggregate purchase price of $20.0 million.

In addition to the self-storage facilities under contract at June 30, 2022, subsequent to June 30, 2022, the Company entered into contracts to acquire seven additional self-storage facilities for an aggregate purchase price of $140.1 million. The purchases of these self-storage facilities are subject to customary conditions to closing, and there is no assurance that these facilities will be acquired.