Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Investment in storage facilities:
Land	$ 1,293,597	$ 1,185,976
Building, equipment, and construction in progress	6,708,246	5,904,481
Real estate investment property, at cost, total	8,001,843	7,090,457
Less: accumulated depreciation	(1,128,083)	(1,007,650)
Investment in storage facilities, net	6,873,760	6,082,807
Cash and cash equivalents	22,498	171,865
Accounts receivable	22,829	17,784
Receivable from unconsolidated joint ventures	1,087	333
Investment in unconsolidated joint ventures	254,728	213,003
Prepaid expenses	13,042	9,918
Trade name	16,500	16,500
Other assets	43,957	44,387
Total Assets	7,248,401	6,556,597
Liabilities
Line of credit	456,000	0
Term notes, net	2,750,683	2,747,838
Accounts payable and accrued liabilities	153,575	131,778
Deferred revenue	33,646	27,277
Mortgages payable	36,454	37,030
Total Liabilities	3,430,358	2,943,923
Noncontrolling redeemable Preferred Operating Partnership Units at redemption value	89,077	90,783
Noncontrolling redeemable Common Operating Partnership Units at redemption value	116,190	142,892
Shareholders' Equity/ Partners' Capital
Common stock $.01 par value, 200,000,000 shares authorized, 84,995,100 shares outstanding at September 30, 2022 (83,565,710 at December 31, 2021)	850	836
Additional paid-in capital	3,883,047	3,697,000
Dividends in excess of net income	(272,608)	(314,713)
Accumulated other comprehensive loss	(3,437)	(4,124)
Total Shareholders’ Equity	3,607,852	3,378,999
Noncontrolling interest in consolidated subsidiary	4,924	0
Total Equity	3,612,776	3,378,999
Total Liabilities and Equity	7,248,401	6,556,597
Life Storage LP [Member]
Investment in storage facilities:
Land	1,293,597	1,185,976
Building, equipment, and construction in progress	6,708,246	5,904,481
Real estate investment property, at cost, total	8,001,843	7,090,457
Less: accumulated depreciation	(1,128,083)	(1,007,650)
Investment in storage facilities, net	6,873,760	6,082,807
Cash and cash equivalents	22,498	171,865
Accounts receivable	22,829	17,784
Receivable from unconsolidated joint ventures	1,087	333
Investment in unconsolidated joint ventures	254,728	213,003
Prepaid expenses	13,042	9,918
Trade name	16,500	16,500
Other assets	43,957	44,387
Total Assets	7,248,401	6,556,597
Liabilities
Line of credit	456,000	0
Term notes, net	2,750,683	2,747,838
Accounts payable and accrued liabilities	153,575	131,778
Deferred revenue	33,646	27,277
Mortgages payable	36,454	37,030
Total Liabilities	3,430,358	2,943,923
Noncontrolling redeemable Preferred Operating Partnership Units at redemption value	89,077	90,783
Noncontrolling redeemable Common Operating Partnership Units at redemption value	116,190	142,892
Shareholders' Equity/ Partners' Capital
General partner (893,109 and 881,030 units outstanding at September 30, 2022 and December 31, 2021, respectively)	38,185	36,131
Limited partners (84,101,991 and 82,684,680 units outstanding at September 30, 2022 and December 31, 2021, respectively)	3,573,104	3,346,992
Accumulated other comprehensive loss	(3,437)	(4,124)
Total Controlling Partners Capital	3,607,852	3,378,999
Noncontrolling interest in consolidated subsidiary	4,924	0
Total Partners' Capital	3,612,776	3,378,999
Total Liabilities and Equity	$ 7,248,401	$ 6,556,597