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STORAGE FACILITIES (Tables)

3 Months Ended

Mar. 31, 2013

STORAGE FACILITIES

Summary of real estate assets

		March 31,			December 31,
		2013			2012
		(in thousands)
Land		$	458,446		$	462,626
Buildings and improvements		1,826,117			1,828,388
Equipment		142,506			143,836
Construction in progress		9,386			8,172
Storage facilities		2,436,455			2,443,022
Less: Accumulated depreciation		(367,336)			(353,315)
Storage facilities, net		$	2,069,119		$	2,089,707

Schedule of acquisitions, dispositions and consolidations of real estate assets

Facility/Portfolio		Location		Transaction Date		Number of Facilities		Purchase / Sales Price (in thousands)
2013 Acquisitions:
Gilbert Asset		Gilbert, AZ		March 2013		1		$	6,900
2013 Dispositions:
Texas/Indiana Assets		Multiple locations in TX and IN		March 2013		5		$	11,400
2012 Acquisitions:
Houston Asset		Houston, TX		February 2012		1		$	5,100
Dunwoody Asset		Dunwoody, GA		February 2012		1		6,900
Mansfield Asset		Mansfield, TX		June 2012		1		4,970
Texas Assets		Multiple locations in TX		July 2012		4		18,150
Allen Asset		Allen, TX		July 2012		1		5,130
Norwalk Asset		Norwalk, CT		July 2012		1		5,000
Storage Deluxe Assets		Multiple locations in NY and CT		February/ April/ August 2012		6		201,910
Eisenhower Asset		Alexandria, VA		August 2012		1		19,750
New Jersey Assets		Multiple locations in NJ		August 2012		2		10,750
Georgia/ Florida Assets		Multiple locations in GA and FL		August 2012		3		13,370
Peachtree Asset		Peachtree City, GA		August 2012		1		3,100
HSREV Assets		Multiple locations in PA, NY, NJ, VA and FL		September 2012		9		102,000
Leetsdale Asset		Denver, CO		September 2012		1		10,600
Orlando/ West Palm Beach Assets		Multiple locations in FL		November 2012		2		13,010
Exton/ Cherry Hill Assets		Multiple locations in NJ and PA		December 2012		2		7,800
Carrollton Asset		Carrollton, TX		December 2012		1		4,800
						37		$	432,340
2012 Dispositions:
Michigan Assets		Multiple locations in MI		June 2012		3		$	6,362
Gulf Coast Assets		Multiple locations in LA, AL and MS		June 2012		5		16,800
New Mexico Assets		Multiple locations in NM		August 2012		6		7,500
San Bernardino Asset		San Bernardino, CA		August 2012		1		5,000
Florida/ Tennessee Assets		Multiple locations in FL and TN		November 2012		3		6,550
Ohio Assets		Multiple locations in OH		November 2012		8		17,750
						26		$	59,962

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+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 205

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 144

-Paragraph 47

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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