SELF STORAGE PROPERTIES (Details) - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | |||
|---|---|---|---|---|---|
Jun. 30, 2016 |
Jun. 30, 2015 |
Jun. 30, 2016 |
Jun. 30, 2015 |
Dec. 31, 2015 |
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| Real Estate [Abstract] | |||||
| Land | $ 382,484 | $ 382,484 | $ 315,867 | ||
| Buildings and improvements | 1,046,269 | 1,046,269 | 829,093 | ||
| Furniture and equipment | 3,365 | 3,365 | 2,241 | ||
| Total self storage properties | 1,432,118 | 1,432,118 | 1,147,201 | ||
| Less accumulated depreciation | (86,891) | (86,891) | (68,100) | ||
| Self storage properties, net | 1,345,227 | 1,345,227 | $ 1,079,101 | ||
| Depreciation expense related to self storage properties | $ 10,100 | $ 6,500 | $ 18,800 | $ 12,800 | |
| X | ||||||||||
- Definition The expense recognized in the current period that allocates the cost of nonproduction tangible assets over their useful lives. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount before accumulated depreciation of fixtures and equipment. Includes, but is not limited to, machinery, equipment, and engines. No definition available.
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- Definition Aggregate of the carrying amounts as of the balance sheet date of investments in building and building improvements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount before accumulated depletion of real estate held for productive use, excluding land held for sale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition The cumulative amount of depreciation for real estate property held for investment purposes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of real estate investment property which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; and (7) other real estate investments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- Definition Amount of real estate investment property, net of accumulated depreciation, which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; and (7) other real estate investments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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