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Earnings Per Share and Earnings Per Unit - Computation of Basic and Diluted Earnings Per Common Share/Unit (Detail) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Sep. 30, 2020
Sep. 30, 2019
Numerator:                
Net income attributable to common shareholders/unitholders $ 37,095 $ 36,457 $ 36,433 $ 140,002 $ 40,742 $ 34,454 $ 109,984 $ 215,198
Net income attributable to unvested restricted shares (66)     (272)     (65) (136)
Net income attributable to outstanding common shares $ 37,029     $ 139,730     $ 109,919 $ 215,062
Denominator:                
Denominator for basic earnings per share/unit - weighted average shares/units 47,223,842     46,586,030     46,915,323 46,577,704
Effect of Dilutive Securities:                
Stock options and non-vested stock 76,000     71,000     71,000 64,000
Denominator for diluted earnings per share/unit - adjusted weighted average shares/units and assumed conversion 47,299,906     46,657,105     46,985,647 46,641,673
Basic earnings per common share/unit attributable to common shareholders/unitholders $ 0.78     $ 3.00     $ 2.34 $ 4.62
Diluted earnings per common share/unit attributable to common shareholders/unitholders $ 0.78     $ 2.99     $ 2.34 $ 4.61
Life Storage LP [Member]                
Numerator:                
Net income attributable to common shareholders/unitholders $ 37,095 $ 36,457 $ 36,433 $ 140,002 $ 40,742 $ 34,454 $ 109,984 $ 215,198
Net income attributable to unvested restricted shares (66)     (272)     (65) (136)
Net income attributable to outstanding common shares $ 37,029     $ 139,730     $ 109,919 $ 215,062
Denominator:                
Denominator for basic earnings per share/unit - weighted average shares/units 47,223,842     46,586,030     46,915,323 46,577,704
Effect of Dilutive Securities:                
Stock options and non-vested stock 76,000     71,000     71,000 64,000
Denominator for diluted earnings per share/unit - adjusted weighted average shares/units and assumed conversion 47,299,906     46,657,105     46,985,647 46,641,673
Basic earnings per common share/unit attributable to common shareholders/unitholders $ 0.78     $ 3.00     $ 2.34 $ 4.62
Diluted earnings per common share/unit attributable to common shareholders/unitholders $ 0.78     $ 2.99     $ 2.34 $ 4.61