Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Revenues
Rental income	$ 135,965	$ 128,565	$ 393,701	$ 381,625
Other operating income	20,345	17,069	56,565	45,561
Total operating revenues	156,310	145,634	450,266	427,186
Expenses
Property operations and maintenance	36,199	32,215	101,297	96,809
Real estate taxes	17,729	16,116	52,751	48,427
General and administrative	13,369	11,554	38,498	34,401
Payments for rent		75		358
Depreciation and amortization	33,018	26,854	90,335	79,239
Total operating expenses	100,315	86,814	282,881	259,234
Gain on sale of storage facilities		100,222		100,222
Gain on sale of real estate			302	1,076
Income from operations	55,995	159,042	167,687	269,250
Other income (expenses)
Interest expense	(20,544)	(19,760)	(61,056)	(56,339)
Interest income	8	289	14	340
Equity in income of joint ventures	1,829	1,175	3,915	3,095
Net income	37,288	140,746	110,560	216,346
Net income attributable to noncontrolling interest in the Operating Partnership	(193)	(744)	(576)	(1,148)
Net income attributable to common shareholders/unitholders	$ 37,095	$ 140,002	$ 109,984	$ 215,198
Earnings per common share/unit attributable to common shareholders/unitholders - basic	$ 0.78	$ 3.00	$ 2.34	$ 4.62
Earnings per common share/unit attributable to common shareholders/unitholders - diluted	$ 0.78	$ 2.99	$ 2.34	$ 4.61
Common shares/units used in basic earnings per share/unit calculation	47,223,842	46,586,030	46,915,323	46,577,704
Common shares/units used in diluted earnings per share/unit calculation	47,299,906	46,657,105	46,985,647	46,641,673
Dividends/distributions declared per common share/unit	$ 1.07	$ 1.00	$ 3.21	$ 3.00
Life Storage LP [Member]
Revenues
Rental income	$ 135,965	$ 128,565	$ 393,701	$ 381,625
Other operating income	20,345	17,069	56,565	45,561
Total operating revenues	156,310	145,634	450,266	427,186
Expenses
Property operations and maintenance	36,199	32,215	101,297	96,809
Real estate taxes	17,729	16,116	52,751	48,427
General and administrative	13,369	11,554	38,498	34,401
Payments for rent		75		358
Depreciation and amortization	33,018	26,854	90,335	79,239
Total operating expenses	100,315	86,814	282,881	259,234
Gain on sale of storage facilities		100,222		100,222
Gain on sale of real estate			302	1,076
Income from operations	55,995	159,042	167,687	269,250
Other income (expenses)
Interest expense	(20,544)	(19,760)	(61,056)	(56,339)
Interest income	8	289	14	340
Equity in income of joint ventures	1,829	1,175	3,915	3,095
Net income	37,288	140,746	110,560	216,346
Net income attributable to noncontrolling interest in the Operating Partnership	(193)	(744)	(576)	(1,148)
Net loss attributable to noncontrolling interest in consolidated subsidiary	0	0	0	0
Net income attributable to common shareholders/unitholders	$ 37,095	$ 140,002	$ 109,984	$ 215,198
Earnings per common share/unit attributable to common shareholders/unitholders - basic	$ 0.78	$ 3.00	$ 2.34	$ 4.62
Earnings per common share/unit attributable to common shareholders/unitholders - diluted	$ 0.78	$ 2.99	$ 2.34	$ 4.61
Common shares/units used in basic earnings per share/unit calculation	47,223,842	46,586,030	46,915,323	46,577,704
Common shares/units used in diluted earnings per share/unit calculation	47,299,906	46,657,105	46,985,647	46,641,673
Dividends/distributions declared per common share/unit	$ 1.07	$ 1.00	$ 3.21	$ 3.00
Net income attributable to general partner	$ 373	$ 1,408	$ 1,106	$ 2,163
Net income attributable to limited partners	$ 36,722	$ 138,594	$ 108,878	$ 213,035