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STORAGE PROPERTIES (Tables) | 3 Months Ended
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Mar. 31, 2017
STORAGE PROPERTIES |
Summary of real estate assets |
|  | March 31, |  | December 31, |
|  | 2017 |  | 2016 |
|  | (in thousands) |
Land |  | $ | 651,119 |  | $ | 649,744 |
Buildings and improvements |  |  | 2,938,899 |  |  | 2,928,275 |
Equipment |  |  | 208,373 |  |  | 217,867 |
Construction in progress |  |  | 221,975 |  |  | 202,294 |
Storage properties |  |  | 4,020,366 |  |  | 3,998,180 |
Less: Accumulated depreciation |  |  | (693,146) |  |  | (671,364) |
Storage properties, net |  | $ | 3,327,220 |  | $ | 3,326,816 |
Schedule of acquisitions and dispositions of real estate assets |
|  |  |  |  |  | Number of |  | Purchase / Sale Price |
Asset/Portfolio |  | Market |  | Transaction Date |  | Stores |  | (in thousands) |
2016 Acquisitions: |  |  |  |  |  |  |  |  |  |
Metro DC Asset |  | Baltimore / DC |  | January 2016 |  | 1 |  | $ | 21,000 |
Texas Assets |  | Texas Markets - Major |  | January 2016 |  | 2 |  |  | 24,800 |
New York Asset |  | New York / Northern NJ |  | January 2016 |  | 1 |  |  | 48,500 |
Texas Asset |  | Texas Markets - Major |  | January 2016 |  | 1 |  |  | 11,600 |
Connecticut Asset |  | Connecticut |  | February 2016 |  | 1 |  |  | 19,000 |
Texas Asset |  | Texas Markets - Major |  | March 2016 |  | 1 |  |  | 11,600 |
Florida Assets |  | Florida Markets - Other |  | March 2016 |  | 3 |  |  | 47,925 |
Colorado Asset |  | Denver |  | April 2016 |  | 1 |  |  | 11,350 |
Texas Asset |  | Texas Markets - Major |  | April 2016 |  | 1 |  |  | 11,600 |
Texas Asset |  | Texas Markets - Major |  | May 2016 |  | 1 |  |  | 10,100 |
Texas Asset |  | Texas Markets - Major |  | May 2016 |  | 1 |  |  | 10,800 |
Illinois Asset |  | Chicago |  | May 2016 |  | 1 |  |  | 12,350 |
Illinois Asset |  | Chicago |  | May 2016 |  | 1 |  |  | 16,000 |
Massachusetts Asset |  | Massachusetts |  | June 2016 |  | 1 |  |  | 14,300 |
Nevada Assets |  | Las Vegas |  | July 2016 |  | 2 |  |  | 23,200 |
Arizona Asset |  | Phoenix |  | August 2016 |  | 1 |  |  | 14,525 |
Minnesota Asset |  | Minneapolis |  | August 2016 |  | 1 |  |  | 15,150 |
Colorado Asset |  | Denver |  | August 2016 |  | 1 |  |  | 15,600 |
Texas Asset |  | Texas Markets - Major |  | September 2016 |  | 1 |  |  | 6,100 |
Texas Asset |  | Texas Markets - Major |  | September 2016 |  | 1 |  |  | 5,300 |
Nevada Asset |  | Las Vegas |  | October 2016 |  | 1 |  |  | 13,250 |
North Carolina Asset |  | Charlotte |  | November 2016 |  | 1 |  |  | 10,600 |
Arizona Asset |  | Phoenix |  | November 2016 |  | 1 |  |  | 14,000 |
Nevada Asset |  | Las Vegas |  | December 2016 |  | 1 |  |  | 14,900 |
|  |  |  |  |  | 28 |  | $ | 403,550 |

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- Definition Tabular disclosure of real estate assets included in the discussion of the nature of the entity's operations. + References No definition available. + Details
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- Definition Tabular disclosure of real estate properties and units in those properties that are included in the discussion of the nature of an entity's operations. + References No definition available. + Details
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