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Real Estate Facilities - Summary of Purchase Price Allocation for Real Estate Related Assets Acquired (Detail) $ in Thousands | 12 Months Ended
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Dec. 31, 2024 USD ($)
Business Acquisition [Line Items] |  |
Real Estate Assets | $ 180,559 |
Intangibles | 6,542 |
Total assets acquired | 187,101 | [1]
2024 Revenue | 2,031 | [2]
2024 Net Operating Income | $ 1,207 | [2],[3]
Colorado Springs II |  |
Business Acquisition [Line Items] |  |
Acquisition Date | Apr. 10, 2024 |
Occupancy Upon Acquisition | 86.00% | [4]
Real Estate Assets | $ 9,841 |
Intangibles | 675 |
Total assets acquired | 10,516 | [1]
2024 Revenue | 693 | [2]
2024 Net Operating Income | $ 428 | [2],[3]
Spartanburg |  |
Business Acquisition [Line Items] |  |
Acquisition Date | Jul. 16, 2024 |
Occupancy Upon Acquisition | 94.00% | [4]
Real Estate Assets | $ 12,831 |
Intangibles | 401 |
Total assets acquired | 13,232 | [1]
2024 Revenue | 519 | [2]
2024 Net Operating Income | $ 289 | [2],[3]
Miami |  |
Business Acquisition [Line Items] |  |
Acquisition Date | Sep. 24, 2024 |
Occupancy Upon Acquisition | 96.00% | [4]
Real Estate Assets | $ 30,408 |
Intangibles | 753 |
Total assets acquired | 31,161 | [1]
2024 Revenue | 410 | [2]
2024 Net Operating Income | $ 228 | [2],[3]
Nantucket |  |
Business Acquisition [Line Items] |  |
Acquisition Date | Nov. 20, 2024 |
Occupancy Upon Acquisition | 91.00% | [4]
Real Estate Assets | $ 9,239 |
Intangibles | 348 |
Total assets acquired | 9,587 | [1]
2024 Revenue | 73 | [2]
2024 Net Operating Income | $ 56 | [2],[3]
Aurora V |  |
Business Acquisition [Line Items] |  |
Acquisition Date | Dec. 11, 2024 |
Occupancy Upon Acquisition | 85.00% | [4]
Real Estate Assets | $ 14,067 |
Intangibles | 600 |
Total assets acquired | 14,667 | [1]
2024 Revenue | 77 | [2]
2024 Net Operating Income | $ 35 | [2],[3]
San Jose |  |
Business Acquisition [Line Items] |  |
Acquisition Date | Dec. 19, 2024 |
Occupancy Upon Acquisition | 98.00% | [4]
Real Estate Assets | $ 19,077 |
Intangibles | 539 |
Total assets acquired | 19,616 | [1]
2024 Revenue | 53 | [2]
2024 Net Operating Income | $ 29 | [2],[3]
Washington, DC |  |
Business Acquisition [Line Items] |  |
Acquisition Date | Dec. 19, 2024 |
Occupancy Upon Acquisition | 88.00% | [4]
Real Estate Assets | $ 17,598 |
Intangibles | 694 |
Total assets acquired | 18,292 | [1]
2024 Revenue | 48 | [2]
2024 Net Operating Income | $ 26 | [2],[3]
Ladera Ranch |  |
Business Acquisition [Line Items] |  |
Acquisition Date | Dec. 20, 2024 | [5]
Occupancy Upon Acquisition | 94.00% | [4],[5]
Real Estate Assets | $ 67,498 | [5]
Intangibles | 2,532 | [5]
Total assets acquired | 70,030 | [1],[5]
2024 Revenue | 158 | [2],[5]
2024 Net Operating Income | $ 116 | [2],[3],[5]
[1] | The allocation noted above is based on a determination of the relative fair value of the total consideration provided and represents the amount paid including capitalized acquisition costs.
[2] | The operating results of the self storage properties acquired have been included in our consolidated statements of operations since their acquisition dates.
[3] | Net operating income excludes corporate general and administrative expenses, interest expense, depreciation, amortization and acquisition related expenses.
[4] | Represent the approximate occupancy percentage of the property at the time of acquisition.
[5] | See Note 5 – Debt, for additional information pertaining to a loan issued in connection with the acquisition of this self storage property.

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