|6 Months Ended|
Jun. 30, 2017
|Subsequent Events [Abstract]|
In July 2017, the Company acquired four self storage properties for approximately $40.9 million. The four self storage properties were acquired for all cash consideration from third-party sellers and the Company assumed approximately $0.2 million of other working capital liabilities. In connection with these acquisitions, the Company incurred $0.1 million of expenses, payable to certain PROs, for due diligence costs related to the self storage properties sourced by the PROs.
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.
Reference 1: http://www.xbrl.org/2003/role/presentationRef