Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share and Earnings Per Unit - Computation of Basic and Diluted Earnings Per Common Share/Unit (Detail)

v3.22.1
Earnings Per Share and Earnings Per Unit - Computation of Basic and Diluted Earnings Per Common Share/Unit (Detail) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Numerator:    
Net income attributable to common shareholders/unitholders $ 73,575 $ 47,383
Denominator:    
Denominator for basic earnings per share/unit - weighted average shares/units 83,644,426 75,387,332
Effect of Dilutive Securities:    
Stock options and non-vested stock 194,000 123,000
Denominator for diluted earnings per share/unit - adjusted weighted average shares/units and assumed conversion 83,837,773 75,510,201
Basic earnings per common share/unit attributable to common shareholders/unitholders $ 0.88 $ 0.63
Diluted earnings per common share/unit attributable to common shareholders/unitholders $ 0.88 $ 0.63
Life Storage LP [Member]    
Numerator:    
Net income attributable to common shareholders/unitholders $ 73,575 $ 47,383
Denominator:    
Denominator for basic earnings per share/unit - weighted average shares/units 83,644,426 75,387,332
Effect of Dilutive Securities:    
Stock options and non-vested stock 194,000 123,000
Denominator for diluted earnings per share/unit - adjusted weighted average shares/units and assumed conversion 83,837,773 75,510,201
Basic earnings per common share/unit attributable to common shareholders/unitholders $ 0.88 $ 0.63
Diluted earnings per common share/unit attributable to common shareholders/unitholders $ 0.88 $ 0.63