XML 72 R58.htm IDEA: XBRL DOCUMENT v3.10.0.1
Investment in Joint Ventures - Summary of Unconsolidated Joint Ventures' Financial Statements (Detail) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Dec. 31, 2017
Schedule of Equity Method Investments [Line Items]          
Investment in storage facilities, net $ 3,675,667   $ 3,675,667   $ 3,697,096
Other assets 4,487   4,487   4,863
Total Assets 3,862,969   3,862,969   3,876,774
Mortgages payable 12,489   12,489   12,674
Total Liabilities 1,828,885   1,828,885   1,829,078
Unaffiliated partners’ equity 0   0   0
Company equity 2,013,440   2,013,440   2,028,323
Total Equity 2,013,440   2,013,440   $ 2,028,323
Depreciation and amortization of customer list (24,784) $ (38,105) (49,548) $ (75,747)  
Amortization of financing fees     (1,781) (1,663)  
Income tax expense (700) 2,500 (1,200) 2,200  
Interest expense (17,518) $ (15,716) (34,722) $ (30,926)  
Unconsolidated Joint Ventures [Member]          
Schedule of Equity Method Investments [Line Items]          
Investment in storage facilities, net 1,076,193   1,076,193    
Investment in office building, net 4,712   4,712    
Other assets 20,821   20,821    
Total Assets 1,101,726   1,101,726    
Due to the Company 994   994    
Mortgages payable 468,606   468,606    
Other liabilities 8,290   8,290    
Total Liabilities 477,890   477,890    
Unaffiliated partners’ equity 491,003   491,003    
Company equity 132,833   132,833    
Total Equity 623,836   623,836    
Total Liabilities and Partners’ Equity $ 1,101,726   1,101,726    
Total revenues     55,627    
Property operating expenses     (17,295)    
Administrative, management and call center fees     (4,314)    
Depreciation and amortization of customer list     (12,822)    
Amortization of financing fees     (653)    
Income tax expense     (155)    
Interest expense     (8,716)    
Net income     $ 11,672