Quarterly report pursuant to Section 13 or 15(d)

SHAREHOLDERS' EQUITY AND NONCONTROLLING INTERESTS - Narrative (Details)

v3.23.3
SHAREHOLDERS' EQUITY AND NONCONTROLLING INTERESTS - Narrative (Details)
$ / shares in Units, $ in Millions
3 Months Ended 9 Months Ended
Mar. 16, 2023
USD ($)
property
shares
Mar. 15, 2023
shares
Feb. 27, 2019
USD ($)
$ / shares
Sep. 30, 2023
USD ($)
property
$ / shares
shares
Jun. 30, 2023
shares
Mar. 31, 2023
shares
Sep. 30, 2022
shares
Jun. 30, 2022
shares
Mar. 31, 2022
shares
Sep. 30, 2023
USD ($)
property
$ / shares
shares
Dec. 31, 2022
$ / shares
Jul. 11, 2022
USD ($)
May 19, 2021
USD ($)
Class of Stock [Line Items]                          
Common shares of beneficial interest, par value (in dollars per share) | $ / shares     $ 0.01 $ 0.01           $ 0.01 $ 0.01    
Authorized amount | $                       $ 400.0  
Repurchase of common shares (in shares)                   7,983,868      
Stock repurchased | $                   $ (282.7)      
Remaining repurchase capacity | $                       $ 27.6  
Number of self storage properties | property       1,119           1,119      
Common Shares                          
Class of Stock [Line Items]                          
Repurchase of common shares (in shares)       6,360,994   1,622,874 953,924            
Redemptions/conversions of units (in shares)       667,484 354,936 67,431 61,662 294,573 258,477        
NSA OP, LP | Series A Cumulative Redeemable Preferred Shares of Beneficial Interest, par value $0.01 per share                          
Class of Stock [Line Items]                          
Preferred units cash redemption price (in dollars per share) | $ / shares       $ 25.00           $ 25.00      
Series B Cumulative Redeemable Preferred Shares of Beneficial Interest, par value $0.01 per share                          
Class of Stock [Line Items]                          
Shares tied to promissory note (in shares) 1,059,683                        
Series B Cumulative Redeemable Preferred Shares of Beneficial Interest, par value $0.01 per share | Personal Mini                          
Class of Stock [Line Items]                          
Issuance of shares, net of offering costs (in shares) 5,668,128                        
Series B preferred shares | $ $ 139.6                        
Number of self storage properties | property 15                        
Financing Receivable, after Allowance for Credit Loss | $ $ 26.1                        
Series A and B Preferred shares of beneficial interest, shares authorized, issued and outstanding at liquidation preference | $ 26.1                        
Proceeds from issuance of preferred stock | $ 113.2                        
Series B Cumulative Redeemable Preferred Shares of Beneficial Interest, par value $0.01 per share | NSA OP, LP                          
Class of Stock [Line Items]                          
Preferred share/unit dividend rate (percent)   6.00%                      
Preferred shares of beneficial interest, authorized (in shares)   7,000,000                      
Preferred units stated value (in dollars per share) | $ / shares       $ 25.00           $ 25.00      
Series A Preferred Shares | NSA OP, LP                          
Class of Stock [Line Items]                          
Preferred share/unit dividend rate (percent)   6.00%                      
Series A-1 preferred units | NSA OP, LP                          
Class of Stock [Line Items]                          
Preferred share/unit dividend rate (percent)                   6.00%      
Unit conversion ratio                   1      
Merger and internalization of PRO, net of issuance costs (in shares)                   287,337      
Stock issued in connection with termination of lease (in shares)                   33,441      
Subordinated performance units                          
Class of Stock [Line Items]                          
Time frame prior to conversion for conversion metric (in years)                   1 year      
Percentage of cash available for distribution used in conversion ratio calculation                   110.00%      
Subordinated performance units | NSA OP, LP                          
Class of Stock [Line Items]                          
Unit conversion ratio                   1      
Issuance of shares/units, non-voluntary (in shares)                   926,623      
Redemptions/conversions of units (in shares)                   926,623      
Unit conversion, lock out period (in years)                   2 years      
Subordinated performance units | NSA OP, LP | Northwest Retirement                          
Class of Stock [Line Items]                          
Redemptions/conversions of units (in shares)                   397,000      
Subordinated performance units | NSA OP, LP | Retirement of Northwest                          
Class of Stock [Line Items]                          
Issuance of shares, net of offering costs (in shares)                   1,124,924      
Subordinated performance units | Personal Mini Affiliate | Personal Mini                          
Class of Stock [Line Items]                          
Payments to acquire interest in subsidiaries and affiliates | $ $ 26.1                        
OP units | Self Storage Property Acquisition                          
Class of Stock [Line Items]                          
Merger and internalization of PRO, net of issuance costs (in shares)                   18,895      
OP units | NSA OP, LP                          
Class of Stock [Line Items]                          
Issuance of shares, net of offering costs (in shares)                   2,545,063      
Unit conversion ratio       1           1      
OP units | NSA OP, LP | Common Shares                          
Class of Stock [Line Items]                          
Redemptions/conversions of units (in shares)                   1,089,851      
OP units | NSA OP, LP | Northwest Retirement                          
Class of Stock [Line Items]                          
Issuance of shares, net of offering costs (in shares)                   481,811      
OP units | NSA OP, LP | Retirement of Northwest                          
Class of Stock [Line Items]                          
Issuance of shares, net of offering costs (in shares)                   2,545,063      
OP units | DownREIT Partnership                          
Class of Stock [Line Items]                          
Issuance of shares, net of offering costs (in shares)                   195,573      
Unit conversion ratio       1                  
LTIP units | NSA OP, LP                          
Class of Stock [Line Items]                          
Issuance of shares, net of offering costs (in shares)                   185,529      
Unit conversion ratio       1           1      
Conversion of units (in shares)                   128,487      
DownREIT Subordinated Performance Performance Units | NSA OP, LP                          
Class of Stock [Line Items]                          
Conversion of stock (in shares)                   203,637      
At The Market Program                          
Class of Stock [Line Items]                          
Value of common and preferred shares authorized under ATM program | $                         $ 400.0
Value of remaining available offered shares | $       $ 169.1           $ 169.1     $ 31.0
Prior Sales Agreement                          
Class of Stock [Line Items]                          
Value of common and preferred shares authorized under ATM program | $     $ 250.0                    
Preferred share/unit dividend rate (percent)     6.00%