INVESTMENT IN UNCONSOLIDATED REAL ESTATE VENTURES - Condensed Financial Information (Details) - USD ($) $ in Thousands |
3 Months Ended | 12 Months Ended | |
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Dec. 31, 2016 |
Dec. 31, 2018 |
Dec. 31, 2017 |
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ASSETS | |||
Self storage properties, net | $ 1,894,412 | $ 655,973 | |
Other assets | 50,915 | 8,397 | |
Total assets | 1,945,327 | 664,370 | |
LIABILITIES AND EQUITY | |||
Debt financing | 956,357 | 317,359 | |
Other liabilities | 16,516 | 4,855 | |
Equity | 972,454 | 342,156 | |
Total liabilities and equity | 1,945,327 | 664,370 | |
INCOME STATEMENT | |||
Total revenue | $ 12,197 | 94,507 | 54,747 |
Property operating expenses | 3,850 | 30,229 | 18,463 |
Net operating income | 8,347 | 64,278 | 36,284 |
Supervisory, administrative and other expenses | (949) | (6,397) | (3,921) |
Depreciation and amortization | (6,235) | (40,930) | (29,192) |
Interest expense | (2,823) | (20,718) | (11,389) |
Loss on sale of self storage properties | 0 | (820) | 0 |
Acquisition and other expenses | (4,277) | (1,188) | (1,146) |
Net loss | $ (5,937) | $ (5,775) | $ (9,364) |
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- Definition Equity Method Investment, Summarized Financial Information, Acquisition Related Costs And Other No definition available.
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- Definition Equity Method Investment, Summarized Financial Information, Cost Of Real Estate Revenue No definition available.
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- Definition Equity Method Investment, Summarized Financial Information, Deprecation, Depletion And Amortization, Nonproduction No definition available.
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- Definition Equity Method Investment, Summarized Financial Information, Gain (Loss) On Sale Of Property No definition available.
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- Definition Equity Method Investment, Summarized Financial Information, Interest Expense No definition available.
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- Definition Equity Method Investment, Summarized Financial Information, Operating Income (Loss) No definition available.
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- Definition Equity Method Investment, Summarized Financial Information, Other Assets No definition available.
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- Definition Equity Method Investment, Summarized Financial Information, Other Liabilities No definition available.
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- Definition Equity Method Investment, Summarized Financial Information, Real Estate Investment Property, Net No definition available.
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- Definition Equity Method Investment, Summarized Financial Information, Real Estate Revenue, Net No definition available.
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- Definition Equity Method Investment, Summarized Financial Information, Short Term And Long Term Debt, Combined Amount No definition available.
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- Definition Equity Method Investment, Summarized Financial Information, Supervisory, Administrative And Other Expenses No definition available.
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- Definition The amount of assets reported by an equity method investment of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of equity, including noncontrolling interest, reported by an equity method investment of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of liabilities and equity reported by an equity method investment of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition The amount of net income (loss) reported by an equity method investment of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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