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STORAGE FACILITIES (Tables)

6 Months Ended

Jun. 30, 2015

STORAGE FACILITIES

Summary of real estate assets

		June 30,			December 31,
		2015			2014
		(in thousands)
Land		$	565,187		$	545,393
Buildings and improvements			2,387,241			2,304,653
Equipment			230,062			218,731
Construction in progress			77,936			48,421
Storage facilities			3,260,426			3,117,198
Less Accumulated depreciation			(549,206)			(492,069)
Storage facilities, net		$	2,711,220		$	2,625,129

Schedule of acquisitions and dispositions of real estate assets

t
						Number of		Purchase / Sale Price
Asset/Portfolio		Market		Transaction Date		Facilities		(in thousands)
2015 Acquisitions:
Texas Asset		Texas Markets - Major		February 2015		1		$	7,295
HSRE Assets		Chicago		March 2015		4			27,500
Arizona Asset		Arizona / Las Vegas		March 2015		1			7,900
Tennessee Asset		Tennessee		March 2015		1			6,575
Texas Asset		Texas Markets - Major		April 2015		1			15,795
Florida Asset		Florida Markets - Other		May 2015		1			7,300
Arizona Asset		Arizona / Las Vegas		June 2015		1			10,100
Florida Asset		Florida Markets - Other		June 2015		1			10,500
						11		$	92,965
2014 Acquisitions:
Connecticut Asset		Connecticut		January 2014		1		$	4,950
Florida Asset		Miami / Ft. Lauderdale		January 2014		1			14,000
Florida Assets		Florida Markets - Other		January 2014		2			14,450
California Asset		Other West		January 2014		1			8,300
Maryland Asset		Baltimore / DC		February 2014		1			15,800
Maryland Asset		Baltimore / DC		February 2014		1			15,500
Arizona Asset		Arizona / Las Vegas		March 2014		1			14,750
Pennsylvania Asset		Philadelphia / Southern NJ		March 2014		1			7,350
Texas Asset		Texas Markets - Major		March 2014		1			8,225
Texas Asset		Texas Markets - Major		April 2014		1			6,450
New York Assets		New York / Northern NJ		April 2014		2			55,000
Florida Asset		Florida Markets - Other		April 2014		1			11,406
Massachusetts Asset		Other Northeast		April 2014		1			11,100
Indiana Asset		Other Midwest		May 2014		1			8,400
Florida Assets		Florida Markets - Other		June 2014		3			35,000
Florida Assets		Florida Markets - Other		July 2014		2			15,800
Massachusetts Asset		Boston		September 2014		1			23,100
Texas Asset		Texas Markets - Major		October 2014		1			7,700
Texas Asset		Texas Markets - Major		October 2014		1			8,500
Texas Asset		Texas Markets - Major		October 2014		1			7,750
HSRE Assets		Various (see note 4)		November 2014		22			195,500
Texas Asset		Texas Markets - Major		December 2014		1			18,650
Florida Assets		Florida Markets - Other		December 2014		3			18,200
New York Asset		New York / Northern NJ		December 2014		1			38,000
Texas Asset		Texas Markets - Major		December 2014		1			4,345
						53		$	568,226

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- Definition

Tabular disclosure of real estate assets included in the discussion of the nature of the entity's operations.

+ References

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Tabular disclosure of all information related to any significant acquisition and disposal. Disclosure may include methodology and assumptions, type of asset, asset classification, useful life, useful purpose, acquisition cost, method of acquisition or disposal, depreciation method, gain (loss) on disposal pretax and net of tax, date of acquisition or disposal and restrictions on amount of proceeds from donated assets.

+ 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

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