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Other Assets
 9 Months Ended
Sep. 30, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other Assets OTHER ASSETS
The components of other assets are summarized as follows:
September 30, 2024December 31, 2023
Goodwill$170,811 $170,811 
Receivables, net112,748 134,716 
Prepaid expenses and deposits97,521 85,153 
Other intangible assets, net39,498 66,332 
Trade name— 50,000 
Fair value of interest rate swaps11,716 26,183 
Equipment and fixtures, net50,065 48,697 
Deferred line of credit financing costs, net8,108 9,787 
Restricted cash5,394 6,021 
$495,861 $597,700 

During the three months ended September 30, 2024, the Company decided to operate all stores under a single brand. As a result of that decision, the Company deemed the Life Storage trade name intangible asset to be impaired and recognized a loss for the full value of the asset. A loss of $51,763 for the write-off of the asset and related costs has been recorded in impairment
of Life Storage trade name on the Company's condensed consolidated statements of operations for the three months ended September 30, 2024. The trade name was originally recorded at fair value based on royalty payments avoided had the trade name been owned by a third party. This was determined using market royalty rates and a discounted cash flow analysis under the relief-from-royalty method. Intangible assets are included in the self-storage operations segment of the Company’s segment information.