National Storage Affiliates Trust Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- COVER PAGE
Financial Statements
Notes to Financial Statements
Accounting Policies
- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details

DEBT FINANCING - 2029 Term Loan Facility and 2029 and 2031 Senior Unsecured Notes (Details)

v3.19.3

DEBT FINANCING - 2029 Term Loan Facility and 2029 and 2031 Senior Unsecured Notes (Details) - USD ($)	9 Months Ended
	Sep. 30, 2019	Aug. 30, 2019	Apr. 24, 2019
Debt Instrument [Line Items]
Notional amount			$ 100,000,000.0
Effective interest rate (percent)			4.27%
Unsecured Debt \| 2029 Term loan facility
Debt Instrument [Line Items]
Debt instrument, face amount			$ 100,000,000.0
Effective interest rate (percent)	4.27%
Unsecured Debt \| 2029 Senior Unsecured Notes
Debt Instrument [Line Items]
Debt instrument, face amount		$ 100,000,000.0
Effective interest rate (percent)	3.98%
Debt instrument, interest rate (percent)		3.98%
Unsecured Debt \| 2031 Senior Unsecured Notes
Debt Instrument [Line Items]
Debt instrument, face amount		$ 50,000,000.0
Effective interest rate (percent)	4.08%
Debt instrument, interest rate (percent)		4.08%
Fed Funds Rate \| Unsecured Debt \| 2029 Term loan facility
Debt Instrument [Line Items]
Basis spread on variable rate (percent)	0.50%
LIBOR \| Unsecured Debt \| 2029 Term loan facility
Debt Instrument [Line Items]
Basis spread on variable rate (percent)	1.00%
Minimum \| LIBOR \| Unsecured Debt \| 2029 Term loan facility
Debt Instrument [Line Items]
Leverage based margin threshold (percent)	1.85%
Elective leverage based margin threshold (percent)	1.40%
Minimum \| Base Rate \| Unsecured Debt \| 2029 Term loan facility
Debt Instrument [Line Items]
Leverage based margin threshold (percent)	0.85%
Elective leverage based margin threshold (percent)	0.40%
Maximum \| LIBOR \| Unsecured Debt \| 2029 Term loan facility
Debt Instrument [Line Items]
Leverage based margin threshold (percent)	2.30%
Elective leverage based margin threshold (percent)	2.25%
Maximum \| Base Rate \| Unsecured Debt \| 2029 Term loan facility
Debt Instrument [Line Items]
Leverage based margin threshold (percent)	1.30%
Elective leverage based margin threshold (percent)	1.25%

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