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SEGMENT INFORMATION (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2024
USD ($)
segment
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
SEGMENT INFORMATION      
Number of operating segment | segment 1    
Total revenues $ 1,066,231 $ 1,050,334 $ 1,009,624
Significant segment-level expenses (income):      
Total property operating expenses 317,750 294,780 293,260
Depreciation and amortization 205,703 201,238 310,610
General and administrative 59,663 57,041 54,623
Interest expense on loans 90,820 93,065 93,284
Loan procurement amortization expense 4,067 4,141 3,897
Equity in earnings of real estate ventures (2,499) (6,085) (48,877)
Other (1,158) (6,281) 10,355
NET INCOME 391,885 412,435 292,472
Self-storage segment      
SEGMENT INFORMATION      
Total revenues 1,066,231 1,050,334 1,009,624
Significant segment-level expenses (income):      
Property taxes 106,090 97,650 98,186
Personnel expense 87,418 80,469 83,253
Advertising 26,000 24,508 22,432
Repairs and maintenance 11,592 10,919 9,952
Utilities 24,505 24,104 24,080
Property insurance 15,377 13,085 10,054
Other property operating expenses 46,768 44,045 45,303
Total property operating expenses 317,750 294,780 293,260
Depreciation and amortization 205,703 201,238 310,610
General and administrative 59,663 57,041 54,623
Interest expense on loans 90,820 93,065 93,284
Loan procurement amortization expense 4,067 4,141 3,897
Equity in earnings of real estate ventures (2,499) (6,085) (48,877)
Other (1,158) (6,281) 10,355
NET INCOME $ 391,885 $ 412,435 $ 292,472