XML 75 R62.htm IDEA: XBRL DOCUMENT v3.25.1
SEGMENT INFORMATION (Details)
$ in Thousands
3 Months Ended
Mar. 31, 2025
USD ($)
segment
Mar. 31, 2024
USD ($)
segment
SEGMENT INFORMATION    
Number of operating segment | segment 1 1
Total revenues $ 273,036 $ 261,406
Significant segment-level expenses (income):    
Total property operating expenses 82,934 77,037
Depreciation and amortization 59,156 50,717
General and administrative 16,068 15,625
Interest expense on loans 26,100 22,919
Loan procurement amortization expense 1,221 1,030
Equity in earnings of real estate ventures (379) (845)
Other (809) 65
NET INCOME 88,745 94,858
Self-storage segment    
SEGMENT INFORMATION    
Total revenues 273,036 261,406
Significant segment-level expenses (income):    
Property taxes 30,179 27,363
Personnel expense 21,380 21,093
Advertising 4,421 3,592
Repairs and maintenance 2,864 2,561
Utilities 6,669 6,356
Property insurance 4,173 3,672
Other property operating expenses 13,248 12,400
Total property operating expenses 82,934 77,037
Depreciation and amortization 59,156 50,717
General and administrative 16,068 15,625
Interest expense on loans 26,100 22,919
Loan procurement amortization expense 1,221 1,030
Equity in earnings of real estate ventures (379) (845)
Other (809) 65
NET INCOME $ 88,745 $ 94,858