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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Operating Activities    
Net income $ 75,600,000 $ 73,507,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 52,387,000 49,548,000
Amortization of debt issuance costs and bond discount 1,846,000 1,781,000
Gain on sale of real estate (1,076,000)  
Equity in income of joint ventures (1,921,000) (2,020,000)
Distributions from unconsolidated joint ventures 4,865,000 4,103,000
Non-vested stock earned 2,235,000 2,748,000
Stock option expense 0 7,000
Deferred income taxes 204,000 105,000
Changes in assets and liabilities (excluding the effects of acquisitions):    
Accounts receivable (1,900,000) (604,000)
Prepaid expenses (1,941,000) (9,900,000)
(Advances to) receipts from joint ventures (35,000) 403,000
Accounts payable and other liabilities (11,270,000) (9,718,000)
Deferred revenue (65,000) 706,000
Net cash provided by operating activities 118,929,000 110,666,000
Investing Activities    
Acquisition of storage facilities, net of cash acquired (95,819,000)  
Improvements, equipment additions, and construction in progress (37,683,000) (28,047,000)
Investment in unconsolidated joint ventures (2,215,000) (1,862,000)
Property deposits (6,658,000) 29,000
Net cash used in investing activities (142,375,000) (29,880,000)
Financing Activities    
Net proceeds from sale of common stock\partnership units   3,045,000
Proceeds from line of credit 183,000,000 115,000,000
Repayments of line of credit (274,000,000) (107,000,000)
Proceeds from term notes, net of discount 348,166,000  
Repayment of term notes (100,000,000)  
Debt issuance costs (3,099,000)  
Dividends paid - common stock (93,263,000) (92,635,000)
Distributions to noncontrolling interest holders (497,000) (435,000)
Redemption of operating partnership units (48,000) (232,000)
Mortgage principal payments (195,000) (185,000)
Net cash provided by (used in) financing activities 60,064,000 (82,442,000)
Net increase (decrease) in cash and restricted cash 36,618,000 (1,656,000)
Cash and restricted cash at beginning of period 14,065,000 9,459,000
Cash and restricted cash at end of period 50,683,000 7,803,000
Supplemental cash flow information    
Cash paid for interest, net of interest capitalized 34,782,000 34,406,000
Cash paid for income taxes, net of refunds 1,283,000 1,249,000
Life Storage LP [Member]    
Operating Activities    
Net income 75,600,000 73,507,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 52,387,000 49,548,000
Amortization of debt issuance costs and bond discount 1,846,000 1,781,000
Gain on sale of real estate (1,076,000)  
Equity in income of joint ventures (1,921,000) (2,020,000)
Distributions from unconsolidated joint ventures 4,865,000 4,103,000
Non-vested stock earned 2,235,000 2,748,000
Stock option expense   7,000
Deferred income taxes 204,000 105,000
Changes in assets and liabilities (excluding the effects of acquisitions):    
Accounts receivable (1,900,000) (604,000)
Prepaid expenses (1,941,000) (9,900,000)
(Advances to) receipts from joint ventures (35,000) 403,000
Accounts payable and other liabilities (11,270,000) (9,718,000)
Deferred revenue (65,000) 706,000
Net cash provided by operating activities 118,929,000 110,666,000
Investing Activities    
Acquisition of storage facilities, net of cash acquired (95,819,000)  
Improvements, equipment additions, and construction in progress (37,683,000) (28,047,000)
Investment in unconsolidated joint ventures (2,215,000) (1,862,000)
Property deposits (6,658,000) 29,000
Net cash used in investing activities (142,375,000) (29,880,000)
Financing Activities    
Net proceeds from sale of common stock\partnership units   3,045,000
Proceeds from line of credit 183,000,000 115,000,000
Repayments of line of credit (274,000,000) (107,000,000)
Proceeds from term notes, net of discount 348,166,000  
Repayment of term notes (100,000,000)  
Debt issuance costs (3,099,000)  
Distributions to unitholders (93,263,000) (92,635,000)
Distributions to noncontrolling interest holders (497,000) (435,000)
Redemption of operating partnership units (48,000) (232,000)
Mortgage principal payments (195,000) (185,000)
Net cash provided by (used in) financing activities 60,064,000 (82,442,000)
Net increase (decrease) in cash and restricted cash 36,618,000 (1,656,000)
Cash and restricted cash at beginning of period 14,065,000 9,459,000
Cash and restricted cash at end of period 50,683,000 7,803,000
Supplemental cash flow information    
Cash paid for interest, net of interest capitalized 34,782,000 34,406,000
Cash paid for income taxes, net of refunds $ 1,283,000 $ 1,249,000