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CONTINGENCIES (Tables) | 12 Months Ended
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Dec. 31, 2020
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, 2020 and 2019:
|  | As of December 31, 2020 |  |  | 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) |  |  | December 31, 2020 |  |  | December 31, 2019 |
West Melbourne I, LLC - Phase I |  | 50% |  |  | $ | 40,177 |  |  | 50% |  |  |  | $ | 20,089 |  |  | Feb-2021 | (2) |  | $ | 201 |  |  | $ | 199 |
West Melbourne I, LLC - Phase II |  | 50% |  |  |  | 14,423 |  |  | 50% |  |  |  |  | 7,212 |  |  | Feb-2021 | (2) |  |  | 72 |  |  |  | 78 |
Port Orange I, LLC |  | 50% |  |  |  | 53,233 |  |  | 50% |  |  |  |  | 26,617 |  |  | Feb-2021 | (2) |  |  | 266 |  |  |  | 270 |
Ambassador Infrastructure, LLC |  | 65% |  |  |  | 9,360 |  |  | 100% |  |  |  |  | 9,360 |  |  | Jan-2021 | (3) |  |  | 94 |  |  |  | 101 |
Shoppes at Eagle Point, LLC |  | 50% |  |  |  | 34,585 |  |  | 35% |  | (4) |  |  | 12,740 |  |  | Oct-2021 | (5) |  |  | 127 |  |  |  | 127 |
EastGate Storage, LLC |  | 50% |  |  |  | 6,500 |  |  | 50% |  | (6) |  |  | 3,250 |  |  | Dec-2022 |  |  |  | 33 |  |  |  | 33 |
Self Storage at Mid Rivers, LLC |  | 50% |  |  |  | 5,896 |  |  | 50% |  | (6) |  |  | 2,994 |  |  | Apr-2023 |  |  |  | 30 |  |  |  | 30 |
Parkdale Self Storage, LLC |  | 50% |  |  |  | 6,160 |  |  | 100% |  | (7) |  |  | 6,500 |  |  | Jul-2024 |  |  |  | 65 |  |  |  | 65 |
Hamilton Place Self Storage, LLC |  | 54% |  |  |  | 6,564 |  |  | 50% |  | (6) |  |  | 3,501 |  |  | Sep-2024 |  |  |  | 35 |  |  |  | 70 |
Atlanta Outlet JV, LLC |  | 50% |  |  |  | 4,601 |  |  | 100% |  |  |  |  | 4,601 |  |  | Nov-2023 |  |  |  | — |  |  |  | — |
Louisville Outlet Shoppes, LLC |  | 50% |  |  |  | 8,872 |  |  | 100% |  |  |  |  | 8,872 |  |  | Oct-2021 |  |  |  | — |  |  |  | — |
Total guaranty liability |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 923 |  |  | $ | 973 |
(1) | Excludes any extension options.
(2) | The loan has two one-year extension options at the joint venture’s election. Subsequent to December 31, 2020, the loan was extended (see Note 20).
(3) | Subsequent to December 31, 2020, the loan was extended (see Note 20).
(4) | The guarantee is for a fixed amount of $12,740 throughout the term of the loan, including any extensions.
(5) | The loan has one one-year extension option, at the joint venture's election, for an outside maturity date of October 2022.
(6) | The guarantee may be reduced to 25% once certain debt and operational metrics are met.
(7) | The guarantee was increased to 100% as a result of the Chapter 11 Cases filed by the Company.

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