XML 47 R37.htm IDEA: XBRL DOCUMENT v3.25.3
INVESTMENT IN UNCONSOLIDATED REAL ESTATE VENTURES - Narrative (Details)
ft² in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Feb. 13, 2024
USD ($)
Dec. 15, 2023
USD ($)
extension_period
Sep. 30, 2024
USD ($)
ft²
state
property
storage_unit
Sep. 30, 2025
USD ($)
ft²
state
property
storage_unit
Dec. 31, 2024
USD ($)
Feb. 29, 2024
ft²
state
storage_unit
property
Schedule of Equity Method Investments [Line Items]            
Number of self storage properties | property       1,069    
Number of states in which self storage properties are located | state       37    
Total rentable square feet in self storage properties | ft²       69,800    
Investment in unconsolidated real estate ventures | $       $ 235,385 $ 246,193  
Number of units in real estate property | storage_unit       551,000    
Joint Venture | Unconsolidated properties            
Schedule of Equity Method Investments [Line Items]            
Number of self storage properties | property       262    
Number of states in which self storage properties are located | state       24    
Total rentable square feet in self storage properties | ft²       18,200    
Number of units in real estate property | storage_unit       145,000    
Joint Venture | Unconsolidated properties | 2023 Joint Venture            
Schedule of Equity Method Investments [Line Items]            
Number of self storage properties | property     18 3    
Number of states in which self storage properties are located | state     2      
Total rentable square feet in self storage properties | ft²     1,200 214    
Number of units in real estate property | storage_unit     8,000 1,600    
2024 Joint Venture            
Schedule of Equity Method Investments [Line Items]            
Real estate investments, joint ventures | $ $ 210,000          
Company's equity interest in unconsolidated real estate ventures (as a percent) 6.05%          
Real estate investments, joint ventures, term 5 years          
2024 Joint Venture | Joint Venture            
Schedule of Equity Method Investments [Line Items]            
Real estate investments, joint ventures | $ $ 140,800          
2024 Joint Venture | Joint Venture | Unconsolidated properties            
Schedule of Equity Method Investments [Line Items]            
Number of self storage properties | property       56   56
Number of states in which self storage properties are located | state       7   7
Total rentable square feet in self storage properties | ft²       3,200   3,200
Number of storage units | storage_unit       24,000   24,000
2024 Joint Venture | 2024 NSA Member            
Schedule of Equity Method Investments [Line Items]            
Real estate investments, joint ventures | $ $ 35,200          
Company's equity interest in unconsolidated real estate ventures (as a percent) 25.00%          
2024 Joint Venture | 2024 JV Investor            
Schedule of Equity Method Investments [Line Items]            
Real estate investments, joint ventures | $ $ 105,600          
Company's equity interest in unconsolidated real estate ventures (as a percent) 75.00%          
2023 Joint Venture            
Schedule of Equity Method Investments [Line Items]            
Real estate investments, joint ventures | $     $ 37,000 $ 12,500    
Real estate investments, joint ventures, term   24 months        
Number of extension periods | extension_period   2        
Extension period   6 months        
Payments to acquire interest in joint venture | $     $ 147,900 $ 50,000    
2023 Joint Venture | Joint Venture | Unconsolidated properties            
Schedule of Equity Method Investments [Line Items]            
Number of self storage properties | property       21    
Number of states in which self storage properties are located | state       5    
Total rentable square feet in self storage properties | ft²       1,400    
Number of units in real estate property | storage_unit       9,000    
2023 Joint Venture | 2023 JV Members            
Schedule of Equity Method Investments [Line Items]            
Company's equity interest in unconsolidated real estate ventures (as a percent)   75.00%        
Investment in unconsolidated real estate ventures | $   $ 400,000        
2023 Joint Venture | 2023 NSA Member            
Schedule of Equity Method Investments [Line Items]            
Company's equity interest in unconsolidated real estate ventures (as a percent)   25.00%        
2018 Joint Venture | Unconsolidated properties            
Schedule of Equity Method Investments [Line Items]            
Company's equity interest in unconsolidated real estate ventures (as a percent)       25.00%    
2018 Joint Venture | Joint Venture | Unconsolidated properties            
Schedule of Equity Method Investments [Line Items]            
Company's equity interest in unconsolidated real estate ventures (as a percent)       25.00%    
Number of self storage properties | property       104    
Number of states in which self storage properties are located | state       17    
Total rentable square feet in self storage properties | ft²       7,900    
Number of units in real estate property | storage_unit       65,000    
2016 Joint Venture | Unconsolidated properties            
Schedule of Equity Method Investments [Line Items]            
Company's equity interest in unconsolidated real estate ventures (as a percent)       25.00%    
2016 Joint Venture | Joint Venture | Unconsolidated properties            
Schedule of Equity Method Investments [Line Items]            
Company's equity interest in unconsolidated real estate ventures (as a percent)       25.00%    
Number of self storage properties | property       81    
Number of states in which self storage properties are located | state       13    
Total rentable square feet in self storage properties | ft²       5,700    
Number of units in real estate property | property       47,000