Annual report pursuant to Section 13 and 15(d)

SELF STORAGE PROPERTY ACQUISITIONS AND DISPOSITIONS (Tables)

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SELF STORAGE PROPERTY ACQUISITIONS AND DISPOSITIONS (Tables)
 12 Months Ended
Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]  
Summary of self storage property acquisitions
The following table summarizes, by calendar quarter, the investments in self storage property acquisitions completed by the Company during the years ended December 31, 2022 and 2021 (dollars in thousands):
Acquisitions closed during the Three Months Ended: Summary of Investment
Number of Properties Cash and Acquisition Costs
Value of OP Equity(1)
Other Liabilities Total
March 31, 2022 12  $ 76,027  $ 16,576  $ 332  $ 92,935 
June 30, 2022 8  99,954  13,938  641  114,533 
September 30, 2022 23  313,784  6,244  1,761  321,789 
December 31, 2022 2  7,622  32,141  156  39,919 
Total
 45  $ 497,387  $ 68,899  $ 2,890  $ 569,176 
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 
December 31, 2021 110  1,018,082  117,026  5,285  1,140,393 
Total
 229  $ 1,965,695  $ 195,099  $ 14,232  $ 2,175,026 
(1)Value of OP equity represents the fair value of Series A-1 preferred units, OP units, subordinated performance units, and LTIP units.