Annual report pursuant to Section 13 and 15(d)

INVESTMENT IN UNCONSOLIDATED REAL ESTATE VENTURE - Condensed Financial Information (Details)

v3.8.0.1
INVESTMENT IN UNCONSOLIDATED REAL ESTATE VENTURE - Condensed Financial Information (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
ASSETS    
Self storage properties, net $ 655,973 $ 614,754
Other assets 8,397 19,936
Total assets 664,370 634,690
LIABILITIES AND EQUITY    
Debt financing 317,359 317,047
Other liabilities 4,855 4,498
Equity 342,156 313,145
Total liabilities and equity 664,370 634,690
INCOME STATEMENT    
Total revenue 54,747 12,197
Property operating expenses 18,463 3,850
Net operating income 36,284 8,347
Supervisory, administrative and other expenses (3,921) (949)
Depreciation and amortization (29,192) (6,235)
Interest expense (11,389) (2,823)
Acquisition and other expenses (1,146) (4,277)
Net loss $ (9,364) $ (5,937)