XML 50 R58.htm IDEA: XBRL DOCUMENT v3.19.3
Investment in Joint Ventures - Summary of Unconsolidated Joint Ventures' Financial Statements (Detail) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Schedule of Equity Method Investments [Line Items]                    
Investment in storage facilities, net $ 3,958,024   $ 3,958,024       $ 3,694,258      
Other assets 26,200   26,200       5,921      
Total Assets 4,188,740   4,188,740       3,892,212      
Mortgages payable 35,016   35,016       12,302      
Total Liabilities 2,027,398   2,027,398       1,810,759      
Unaffiliated partners’ equity 0   0       0      
Company equity 2,135,318 $ 2,009,561 2,135,318 $ 2,009,561 $ 2,041,920 $ 2,046,891 2,057,737 $ 2,013,440 $ 2,019,337 $ 2,028,323
Total Equity 2,135,318   2,135,318       $ 2,057,737      
Depreciation and amortization of customer list (26,854) (27,291) (79,239) (76,839)            
Amortization of financing fees     (2,873) (2,672)            
Interest expense (19,760) $ (17,923) (56,339) $ (52,645)            
Unconsolidated Joint Ventures [Member]                    
Schedule of Equity Method Investments [Line Items]                    
Investment in storage facilities, net 1,244,834   1,244,834              
Investment in office building, net 4,514   4,514              
Other assets 23,931   23,931              
Total Assets 1,273,279   1,273,279              
Due to the Company 1,124   1,124              
Mortgages payable 563,255   563,255              
Other liabilities 14,336   14,336              
Total Liabilities 578,715   578,715              
Unaffiliated partners’ equity 544,792   544,792              
Company equity 149,772   149,772              
Total Equity 694,564   694,564              
Total Liabilities and Partners’ Equity $ 1,273,279   1,273,279              
Total revenues     96,058              
Property operating expenses     (29,681)              
Administrative, management and call center fees     (7,518)              
Depreciation and amortization of customer list     (20,650)              
Amortization of financing fees     (662)              
Income tax expense     (237)              
Interest expense     (16,939)              
Net income     $ 20,371