Quarterly report pursuant to Section 13 or 15(d)

Subsequent Events

v3.10.0.1
Subsequent Events
9 Months Ended
Sep. 30, 2018
Subsequent Events [Abstract]  
Subsequent Events

17. SUBSEQUENT EVENTS

On October 2, 2018, the Company declared a quarterly dividend of $1.00 per common share. The dividend was paid on October 26, 2018 to shareholders of record on October 16, 2018. The total dividend paid amounted to $46.6 million.

Subsequent to September 30, 2018, the Company entered into contracts to acquire two self-storage facilities for an aggregate purchase price of $19.2 million. The purchases of these two facilities are subject to customary conditions to closing and there is no assurance that these facilities will be acquired.