Quarterly report pursuant to Section 13 or 15(d)

SELF STORAGE PROPERTIES (Tables)

v3.23.1
SELF STORAGE PROPERTIES (Tables)
3 Months Ended
Mar. 31, 2023
Real Estate [Abstract]  
Schedule of self storage properties
Self storage properties are summarized as follows (dollars in thousands):
March 31, 2023 December 31, 2022
Land $ 1,145,627  $ 1,111,326 
Buildings and improvements 5,399,887  5,269,383 
Furniture and equipment 11,089  10,863 
Total self storage properties 6,556,603  6,391,572 
Less accumulated depreciation (824,647) (772,661)
Self storage properties, net $ 5,731,956  $ 5,618,911