Quarterly report pursuant to Section 13 or 15(d)

SELF STORAGE PROPERTIES (Details)

v3.8.0.1
SELF STORAGE PROPERTIES (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Dec. 31, 2016
Real Estate [Abstract]          
Land $ 502,503   $ 502,503   $ 456,135
Buildings and improvements 1,568,308   1,568,308   1,383,603
Furniture and equipment 5,034   5,034   4,598
Total self storage properties 2,075,845   2,075,845   1,844,336
Less accumulated depreciation (153,783)   (153,783)   (110,803)
Self storage properties, net 1,922,062   1,922,062   $ 1,733,533
Depreciation expense related to self storage properties $ 15,200 $ 11,100 $ 43,600 $ 29,900