Quarterly report pursuant to Section 13 or 15(d)

SELF STORAGE PROPERTIES (Tables)

v3.20.1
SELF STORAGE PROPERTIES (Tables)
3 Months Ended
Mar. 31, 2020
Real Estate [Abstract]  
Schedule of self storage properties
Self storage properties are summarized as follows (dollars in thousands):
March 31, 2020 December 31, 2019
Land $ 680,035    $ 649,938   
Buildings and improvements 2,627,812    2,435,171   
Furniture and equipment 7,002    6,610   
Total self storage properties 3,314,849    3,091,719   
Less accumulated depreciation (363,527)   (337,822)  
Self storage properties, net $ 2,951,322    $ 2,753,897