Quarterly report pursuant to Section 13 or 15(d)

SELF STORAGE PROPERTIES (Details)

v3.23.3
SELF STORAGE PROPERTIES (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Real Estate [Abstract]          
Land $ 1,152,156   $ 1,152,156   $ 1,111,326
Buildings and improvements 5,453,118   5,453,118   5,269,383
Furniture and equipment 11,413   11,413   10,863
Total self storage properties 6,616,687   6,616,687   6,391,572
Less accumulated depreciation (930,885)   (930,885)   (772,661)
Self storage properties, net 5,685,802   5,685,802   $ 5,618,911
Depreciation expense related to self storage properties $ 53,200 $ 49,800 $ 158,300 $ 144,300