Subsequent Events (Tables)

6 Months Ended

Jun. 30, 2019

Subsequent Events [Abstract]

Carrying Amounts of Major Classes of Assets and Liabilities Related to Self Storage Facilities

The carrying amounts of the major classes of assets and liabilities related to these 32 self-storage facilities at June 30, 2019 are as follows:

(in thousands)
Land	$	21,816
Building, equipment, and construction in progress	$	132,415
Accumulated depreciation	$	45,515
Cash and cash equivalents	$	110
Accounts receivable	$	118
Other assets	$	56
Accounts payable and accrued liabilities	$	1,030
Deferred revenue	$	361

Subsequent to June 30, 2019, the Company entered into contracts to acquire six self-storage facilities for an aggregate purchase price of $76.1 million. One of these facilities was leased by the Company at June 30, 2019. The purchases of these facilities are subject to customary conditions to closing, and there is no assurance that these facilities will be acquired.