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Consolidated Statements Of Cash Flows (USD $)
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Operating Activities    
Net income $ 11,269,000 $ 8,700,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 10,245,000 8,625,000
Amortization of deferred financing fees 208,000 257,000
Equity in income of joint ventures (68,000) (40,000)
Distributions from unconsolidated joint venture 337,000 188,000
Non-vested stock earned 600,000 332,000
Stock option expense 51,000 69,000
Changes in assets and liabilities (excluding the effects of acquisitions):    
Accounts receivable (347,000) 463,000
Prepaid expenses (2,653,000) (1,947,000)
Accounts payable and other liabilities (11,705,000) (5,574,000)
Deferred revenue 522,000 109,000
Net cash provided by operating activities 8,459,000 11,182,000
Investing Activities    
Acquisitions of storage facilities      
Improvements, equipment additions, and construction in progress (4,361,000) (3,541,000)
Investment in unconsolidated joint ventures (2,270,000)  
(Advances) reimbursement of advances to joint ventures (421,000) 21,000
Property deposits 125,000 (1,050,000)
Net cash used in investing activities (6,927,000) (4,570,000)
Financing Activities    
Net proceeds from sale of common stock 773,000 340,000
Proceeds from line of credit 17,000,000 12,000,000
Repayments of line of credit   (6,000,000)
Financing costs   (312,000)
Dividends paid-common stock (13,027,000) (12,444,000)
Distributions to noncontrolling interest holders (152,000) (493,000)
Mortgage principal payments (42,000) (610,000)
Net cash provided by (used in) financing activities 4,552,000 (7,519,000)
Net increase (decrease) in cash 6,084,000 (907,000)
Cash at beginning of period 7,321,000 5,766,000
Cash at end of period 13,405,000 4,859,000
Supplemental cash flow information    
Cash paid for interest, net of interest capitalized $ 8,512,000 $ 6,624,000