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Consolidated Statements Of Cash Flows (USD $)
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Operating Activities    
Net income $ 42,087,000 $ 21,147,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 31,247,000 26,222,000
Amortization of deferred financing fees 627,000 931,000
Gain on sale of storage facilities (4,498,000)  
Equity in (income) losses of joint ventures (608,000) 408,000
Distributions from unconsolidated joint venture 1,471,000 471,000
Non-vested stock earned 1,906,000 1,026,000
Stock option expense 238,000 253,000
Changes in assets and liabilities (excluding the effects of acquisitions):    
Accounts receivable (308,000) 68,000
Prepaid expenses (1,025,000) (527,000)
Accounts payable and other liabilities (2,242,000) 5,895,000
Deferred revenue (413,000) 44,000
Net cash provided by operating activities 68,482,000 55,938,000
Investing Activities    
Acquisitions of storage facilities (105,137,000) (145,873,000)
Improvements, equipment additions, and construction in progress (20,813,000) (17,181,000)
Net proceeds from the sale of storage facilities 47,698,000  
Investment in unconsolidated joint ventures (3,482,000) (12,150,000)
Advances to joint ventures (62,000) (326,000)
Reimbursement of (payment of) property deposits 365,000 (347,000)
Net cash used in investing activities (81,431,000) (175,877,000)
Financing Activities    
Net proceeds from sale of common stock 78,314,000 5,679,000
Proceeds from line of credit 70,000,000 413,000,000
Repayments of line of credit (90,000,000) (234,000,000)
Financing costs   (4,060,000)
Dividends paid-common stock (39,317,000) (37,366,000)
Distributions to noncontrolling interest holders (458,000) (1,025,000)
Redemption of operating partnership units (7,364,000)  
Additional investment in Locke Sovran II LLC   (14,199,000)
Mortgage principal payments (128,000) (7,283,000)
Net cash provided by financing activities 11,047,000 120,746,000
Net (decrease) increase in cash (1,902,000) 807,000
Cash at beginning of period 7,321,000 5,766,000
Cash at end of period 5,419,000 6,573,000
Supplemental cash flow information    
Cash paid for interest, net of interest capitalized $ 24,808,000 $ 26,582,000