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INVESTMENT ACTIVITY (Details)
$ in Thousands
1 Months Ended 12 Months Ended 36 Months Ended
Jan. 18, 2023
USD ($)
Apr. 28, 2022
USD ($)
Feb. 02, 2022
USD ($)
Dec. 31, 2024
USD ($)
item
loan
facility
Dec. 31, 2024
USD ($)
facility
shares
Dec. 31, 2023
USD ($)
facility
shares
Dec. 31, 2022
USD ($)
facility
shares
Dec. 31, 2024
USD ($)
facility
Dec. 12, 2024
USD ($)
Self-storage facilities                  
Proceeds from involuntary conversion, net           $ 7,424      
Gain on involuntary conversion, net           (4,827)      
Number of stores | facility               4  
Mortgage loans and notes payable, net       $ 205,915 $ 205,915 $ 128,186   $ 205,915  
Total Construction Costs               $ 120,800  
OP units redeemed | shares         105,757 126,087 475,046    
LAACO                  
Self-storage facilities                  
Gain (loss) from sale of real estate             $ 0    
Joint Venture                  
Self-storage facilities                  
Percentage of interest acquired       85.00% 85.00%     85.00%  
Hines Portfolio December 2024 | Joint Venture                  
Self-storage facilities                  
Percentage of interest acquired       85.00% 85.00%     85.00%  
Self storage under construction                  
Self-storage facilities                  
Number of self-storage facilities | facility       2 2     2  
Development costs       $ 23,600 $ 23,600     $ 23,600  
Expected construction cost       45,700 $ 45,700     $ 45,700  
Self Storage Facility in Astoria, NY                  
Self-storage facilities                  
Number of stores | facility               1  
Ownership interest held by the entity (as a percent)               70.00%  
Total Construction Costs               $ 45,900  
Self Storage Facility in Clark, NJ                  
Self-storage facilities                  
Number of stores | facility               1  
Ownership interest held by the entity (as a percent)               90.00%  
Total Construction Costs               $ 15,900  
Self Storage Facility in Valley Stream, NY                  
Self-storage facilities                  
Number of stores | facility               1  
Ownership interest held by the entity (as a percent)               100.00%  
Total Construction Costs               $ 37,200  
Option to put ownership interest in the venture 49                
Cash portion of put option paid $ 15,300                
Self Storage Facility in Vienna, VA                  
Self-storage facilities                  
Number of stores | facility               1  
Ownership interest held by the entity (as a percent)               80.00%  
Total Construction Costs               $ 21,800  
2024 Acquisitions                  
Self-storage facilities                  
Number of self-storage facilities acquired | facility         18        
Aggregate purchase price         $ 199,400        
Purchase Price         $ 199,400        
2024 Acquisitions | Hines Portfolio December 2024                  
Self-storage facilities                  
Number of self-storage facilities acquired | facility         14        
Aggregate purchase price       $ 157,300 $ 157,250        
Intangible value of the in-place leases                 $ 10,100
Estimated life       12 months 12 months     12 months  
Amortization expense         $ 800        
Purchase Price       $ 157,300 $ 157,250        
Ownership interest held by the entity (as a percent)       85.00%          
Number of consolidated joint ventures In portfolio | item       7          
Number of real estate properties owned | facility       14          
Number of encumbered mortgage loans | loan       2          
Aggregate net premium                 400
2024 Acquisitions | Connecticut, Oregon and Pennsylvania Assets                  
Self-storage facilities                  
Number of self-storage facilities acquired | facility         4        
Aggregate purchase price         $ 42,200        
Intangible value of the in-place leases       $ 2,000 $ 2,000     $ 2,000  
Estimated life       12 months 12 months     12 months  
Amortization expense         $ 900        
Purchase Price         $ 42,200        
2024 Acquisitions | Connecticut Assets January 2024                  
Self-storage facilities                  
Number of self-storage facilities acquired | facility         2        
Aggregate purchase price         $ 20,200        
Purchase Price         $ 20,200        
2024 Acquisitions | Oregon Asset November 2024                  
Self-storage facilities                  
Number of self-storage facilities acquired | facility         1        
Aggregate purchase price         $ 10,450        
Purchase Price         $ 10,450        
2024 Acquisitions | Pennsylvania Asset November 2024                  
Self-storage facilities                  
Number of self-storage facilities acquired | facility         1        
Aggregate purchase price         $ 11,500        
Purchase Price         11,500        
2023 Acquisitions                  
Self-storage facilities                  
Number of self-storage facilities acquired | facility           1      
Aggregate purchase price           $ 22,000      
Intangible value of the in-place leases           $ 2,000      
Estimated life           12 months      
Purchase Price           $ 22,000      
2023 Acquisitions | Leases, Acquired-in-Place                  
Self-storage facilities                  
Amortization expense         1,800 $ 200      
2023 Acquisitions | New Jersey                  
Self-storage facilities                  
Number of self-storage facilities acquired | facility           1      
2023 Dispositions                  
Self-storage facilities                  
Aggregate sale price           $ 8,000      
2023 Dispositions | LAACO                  
Self-storage facilities                  
Aggregate sale price           800      
Gain (loss) from sale of real estate           (200)      
2023 Dispositions | Illinois                  
Self-storage facilities                  
Proceeds from involuntary conversion, net           8,000      
Gain on involuntary conversion, net           (4,800)      
2022 Acquisitions                  
Self-storage facilities                  
Number of self-storage facilities acquired | facility             3    
Aggregate purchase price             $ 75,700    
Intangible value of the in-place leases             $ 3,400    
Estimated life             12 months    
Purchase Price             $ 75,700    
2022 Acquisitions | Leases, Acquired-in-Place                  
Self-storage facilities                  
Amortization expense         0 1,100 $ 2,300    
2022 Acquisitions | Texas                  
Self-storage facilities                  
Number of self-storage facilities acquired | facility             1    
2022 Acquisitions | Maryland                  
Self-storage facilities                  
Number of self-storage facilities acquired | facility             1    
2022 Acquisitions | Georgia                  
Self-storage facilities                  
Number of self-storage facilities acquired | facility             1    
2022 Acquisitions | Self-storage Facility in Bronx, NY                  
Self-storage facilities                  
Aggregate purchase price     $ 7,500            
Purchase Price     7,500            
Lease liability derecognized     5,000            
Right of use Assets derecognized     $ 4,100            
2022 Dispositions | LAACO                  
Self-storage facilities                  
Aggregate sale price             $ 44,000    
Joint Venture | Acquisitions                  
Self-storage facilities                  
Real estate property acquired, land subject to ground lease   $ 6,100              
Percentage of interest acquired   20.00%              
Joint Venture | Self Storage Facility in Valley Stream, NY                  
Self-storage facilities                  
Ownership interest held by the entity (as a percent) 51.00%                
Mortgage Loans                  
Self-storage facilities                  
Mortgage loans and notes payable, net       $ 205,915 $ 205,915 $ 128,186   $ 205,915  
Mortgage Loans | 2024 Acquisitions | Hines Portfolio December 2024                  
Self-storage facilities                  
Mortgage loans and notes payable, net                 115,400
Fair value                 $ 115,800