Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Investment in storage facilities:
Land	$ 1,309,475	$ 1,307,425
Building, equipment, and construction in progress	6,886,522	6,864,381
Real estate investment property, at cost, total	8,195,997	8,171,806
Less: accumulated depreciation	(1,215,348)	(1,170,520)
Investment in storage facilities, net	6,980,649	7,001,286
Cash and cash equivalents	32,765	24,406
Accounts receivable	23,281	24,153
Receivable from unconsolidated joint ventures	795	1,562
Investment in unconsolidated joint ventures	276,436	275,190
Prepaid expenses	14,165	10,363
Trade name	16,500	16,500
Other assets	31,963	34,270
Total Assets	7,376,554	7,387,730
Liabilities
Line of credit	619,000	595,000
Term notes, net	2,752,580	2,751,632
Accounts payable and accrued liabilities	136,409	148,130
Deferred revenue	34,530	33,192
Mortgages payable	32,466	36,258
Total Liabilities	3,574,985	3,564,212
Noncontrolling redeemable Preferred Operating Partnership Units at redemption value	30,090	89,077
Noncontrolling redeemable Common Operating Partnership Units	201,373	107,074
Shareholders' Equity/ Partners' Capital
Common stock $.01 par value, 200,000,000 shares authorized, 85,061,573 shares outstanding at March 31, 2023 (85,019,884 at December 31, 2022)	851	850
Additional paid-in capital	3,884,890	3,886,317
Dividends in excess of net income	(317,570)	(261,510)
Accumulated other comprehensive loss	(2,978)	(3,207)
Total Shareholders’ Equity	3,565,193	3,622,450
Noncontrolling interest in consolidated subsidiary	4,913	4,917
Total Equity	3,570,106	3,627,367
Total Liabilities and Equity	7,376,554	7,387,730
Life Storage LP [Member]
Investment in storage facilities:
Land	1,309,475	1,307,425
Building, equipment, and construction in progress	6,886,522	6,864,381
Real estate investment property, at cost, total	8,195,997	8,171,806
Less: accumulated depreciation	(1,215,348)	(1,170,520)
Investment in storage facilities, net	6,980,649	7,001,286
Cash and cash equivalents	32,765	24,406
Accounts receivable	23,281	24,153
Receivable from unconsolidated joint ventures	795	1,562
Investment in unconsolidated joint ventures	276,436	275,190
Prepaid expenses	14,165	10,363
Trade name	16,500	16,500
Other assets	31,963	34,270
Total Assets	7,376,554	7,387,730
Liabilities
Line of credit	619,000	595,000
Term notes, net	2,752,580	2,751,632
Accounts payable and accrued liabilities	136,409	148,130
Deferred revenue	34,530	33,192
Mortgages payable	32,466	36,258
Total Liabilities	3,574,985	3,564,212
Noncontrolling redeemable Preferred Operating Partnership Units at redemption value	30,090	89,077
Noncontrolling redeemable Common Operating Partnership Units	201,373	107,074
Shareholders' Equity/ Partners' Capital
General partner (1 and 893,360 units outstanding at March 31, 2023 and December 31, 2022, respectively)	38,019	38,247
Limited partners (1 and 84,126,524 units outstanding at March 31, 2023 and December 31, 2022, respectively)	3,530,152	3,587,410
Accumulated other comprehensive loss	(2,978)	(3,207)
Total Controlling Partners Capital	3,565,193	3,622,450
Noncontrolling interest in consolidated subsidiary	4,913	4,917
Total Partners' Capital	3,570,106	3,627,367
Total Liabilities and Equity	$ 7,376,554	$ 7,387,730