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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Investment in storage facilities:    
Land $ 283,363 $ 263,407
Building, equipment, and construction in progress 1,379,550 1,275,188
Real estate investment property, at cost, total 1,662,913 1,538,595
Less: accumulated depreciation (319,941) (292,722)
Investment in storage facilities, net 1,342,972 1,245,873
Cash and cash equivalents 5,419 7,321
Accounts receivable 3,272 2,938
Receivable from unconsolidated joint ventures 676 589
Investment in unconsolidated joint ventures 34,524 31,939
Prepaid expenses 4,975 3,939
Other assets 5,510 7,373
Net assets of discontinued operations   43,702
Total Assets 1,397,348 1,343,674
Liabilities    
Line of credit 26,000 46,000
Term notes 575,000 575,000
Accounts payable and accrued liabilities 29,797 31,414
Deferred revenue 6,381 6,084
Fair value of interest rate swap agreements 16,493 10,748
Mortgages payable 4,295 4,423
Total Liabilities 657,966 673,669
Noncontrolling redeemable Operating Partnership Units at redemption value 11,811 14,466
Shareholders' Equity    
Common stock $.01 par value, 100,000,000 shares authorized, 30,432,720 shares outstanding (28,952,356 at December 31, 2011) 316 301
Additional paid-in capital 942,327 862,467
Dividends in excess of net income (171,673) (169,799)
Accumulated other comprehensive loss (16,224) (10,255)
Treasury stock at cost, 1,171,886 shares (27,175) (27,175)
Total Shareholders' Equity 727,571 655,539
Total Liabilities and Shareholders' Equity $ 1,397,348 $ 1,343,674