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CONTINGENCIES (Tables) | 12 Months Ended
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Dec. 31, 2019
Commitments And Contingencies Disclosure [Abstract] |
Schedule of Guarantees | The following table represents the Operating Partnership's guarantees of unconsolidated affiliates' debt as reflected in the accompanying consolidated balance sheets as of December 31, 2019 and 2018:
|  | As of December 31, 2019 |  |  | Obligation recorded to reflect guaranty |
Unconsolidated Affiliate |  | Company's Ownership Interest |  |  | Outstanding Balance |  |  | Percentage Guaranteed by the Operating Partnership |  |  |  | Maximum Guaranteed Amount |  |  | Debt Maturity Date (1) |  |  | 12/31/2019 |  |  | 12/31/2018 |
West Melbourne I, LLC - Phase I |  | 50% |  |  | $ | 39,807 |  |  | 50% |  |  |  | $ | 19,904 |  |  | Feb-2021 | (2) |  | $ | 199 |  |  | $ | 203 |
West Melbourne I, LLC - Phase II |  | 50% |  |  |  | 15,647 |  |  | 50% |  |  |  |  | 7,824 |  |  | Feb-2021 | (2) |  |  | 78 |  |  |  | 80 |
Port Orange I, LLC |  | 50% |  |  |  | 54,071 |  |  | 50% |  |  |  |  | 27,036 |  |  | Feb-2021 | (2) |  |  | 270 |  |  |  | 280 |
Ambassador Infrastructure, LLC |  | 65% |  |  |  | 10,050 |  |  | 100% |  |  |  |  | 10,050 |  |  | Aug-2020 |  |  |  | 101 |  |  |  | 106 |
Shoppes at Eagle Point, LLC |  | 50% |  |  |  | 35,189 |  |  | 35% |  | (3) |  |  | 12,740 |  |  | Oct-2020 | (4) |  |  | 127 |  |  |  | 364 |
EastGate Storage, LLC |  | 50% |  |  |  | 6,219 |  |  | 50% |  | (5) |  |  | 3,250 |  |  | Dec-2022 |  |  |  | 33 |  |  |  | 65 |
Self Storage at Mid Rivers, LLC |  | 50% |  |  |  | 5,604 |  |  | 50% |  | (6) |  |  | 2,994 |  |  | Apr-2023 |  |  |  | 30 |  |  |  | 60 |
Parkdale Self Storage, LLC |  | 50% |  |  |  | 2,688 |  |  | 100% |  | (7) |  |  | 6,500 |  |  | Jul-2024 |  |  |  | 65 |  |  |  | — |
Hamilton Place Self Storage, LLC |  | 54% |  |  |  | — |  |  | 100% |  | (8) |  |  | 7,002 |  |  | Sep-2024 |  |  |  | 70 |  |  |  | — |
Atlanta Outlet JV, LLC |  | 50% |  |  |  | 4,443 |  |  | 100% |  | (9) |  |  | 4,443 |  |  | Feb-2020 |  |  |  | — |  |  |  | — |
Louisville Outlet Shoppes, LLC |  | 50% |  |  |  | 9,242 |  |  | 100% |  | (10) |  |  | 9,242 |  |  | Jul-2020 |  |  |  | — |  |  |  | — |
Total guaranty liability |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 973 |  |  | $ | 1,158 |
(1) | Excludes any extension options.
( 2 ) | The loan has two one-year extension options at the joint venture’s election.
( 3 ) | The guaranty is for a fixed amount of $ 12,740 throughout the term of the loan, including any extensions.
( 4 ) | The loan has one- two -year extension option, at the joint venture's election, for an outside maturity date of October 2022.
( 5 ) | The guaranty was reduced to 50% once construction was completed during the second quarter of 2019. The guaranty may be further reduced to 25% once certain debt and operational metrics are met.
( 6 ) | The Company received a 1% fee for the guaranty when the loan was issued in April 2018. The guaranty was reduced to 50% once construction was completed during the second quarter of 2019. The guaranty may be further reduced to 25% once certain debt and operational metrics are met.
( 7 ) | The Operating Partnership has a joint and several guaranty with its 50/50 partner. Therefore, the maximum guarantee is 100% of the loan.
( 8 ) | The Operating Partnership has guaranteed 100% of the construction loan, but it has a back-up guaranty from its joint venture partner for 50% of the construction loan.
( 9 ) | In December 2019, the Company deconsolidated this entity. See Note 7 for more information.
( 10 ) | In November 2019, the Company deconsolidated this entity. See Note 7 for more information.

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