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SUBSEQUENT EVENTS	9 Months Ended
SUBSEQUENT EVENTS	Sep. 30, 2012
Subsequent Events [Abstract]
Subsequent Events	SUBSEQUENT EVENTS During October 2012, the Company acquired a 129,000 square foot single-tenant property occupied by Home Depot located in Bloomfield, New Jersey for $12.5 million. During October 2012, the Company completed a public share offering of approximately 3.5 million Common Shares for $86.9 million. Net proceeds after expenses were approximately $85.8 million. During October 2012, Fund III refinanced 11 of its self-storage facilities for $120.0 million. The new loan bears interest at LIBOR plus 215 basis points and matures October 24, 2013, and has a one-year extension option. The proceeds from this loan were used to pay off the existing $41.9 million loan on six self-storage facilities and, together with cash available in Fund III, liquidated the balance of the amount outstanding under the Fund III subscription line of credit in the amount of $82.9 million and terminated the subscription line of credit agreement.