Quarterly report pursuant to Section 13 or 15(d)

ACQUISITIONS (Tables)

v3.21.2
ACQUISITIONS (Tables)
9 Months Ended
Sep. 30, 2021
Business Combination and Asset Acquisition [Abstract]  
Summary of self storage property acquisitions
The following table summarizes the investment in self storage property acquisitions completed by the Company during the nine months ended September 30, 2021 (dollars in thousands):
Acquisitions Closed During the Three Months Ended: Number of Properties Summary of Investment
Cash and Acquisition Costs
Value of OP Equity(1)
Other Liabilities Total
March 31, 2021 23 $ 141,928  $ 22,897  $ 1,138  $ 165,963 
June 30, 2021 20 243,580  24,102  1,711  269,393 
September 30, 2021 76 562,105  31,074  6,098  599,277 
Total
119 $ 947,613  $ 78,073  $ 8,947  $ 1,034,633 
(1)Value of OP equity represents the fair value of OP units and subordinated performance units.