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Consolidated Balance Sheets

In millions of USD, except per-share amounts
Q1 FY2023
As of Mar 31, 2023
Q4 FY2022
As of Dec 31, 2022
Q3 FY2022
As of Sep 30, 2022
Q2 FY2022
As of Jun 30, 2022
Q1 FY2022
As of Mar 31, 2022
Q4 FY2021
As of Dec 31, 2021
Q3 FY2021
As of Sep 30, 2021
Q2 FY2021
As of Jun 30, 2021
Q1 FY2021
As of Mar 31, 2021
Q4 FY2020
As of Dec 31, 2020
Q3 FY2020
As of Sep 30, 2020
Q2 FY2020
As of Jun 30, 2020
Q1 FY2020
As of Mar 31, 2020
Q4 FY2019
As of Dec 31, 2019
Q3 FY2019
As of Sep 30, 2019
Q2 FY2019
As of Jun 30, 2019
Q1 FY2019
As of Mar 31, 2019
Q4 FY2018
As of Dec 31, 2018
Q3 FY2018
As of Sep 30, 2018
Q2 FY2018
As of Jun 30, 2018
Assets
Investment in storage facilities:
Land
Life Storage LP
Total land
Building, equipment, and construction in progress
Life Storage LP
Total building, equipment, and construction in progress
Real estate investment property, at cost, total
Life Storage LP
Total real estate investment property, at cost, total
Less: accumulated depreciation
Life Storage LP
Total less: accumulated depreciation
Investment in storage facilities, net
Life Storage LP
Total investment in storage facilities, net
Cash and cash equivalents
Life Storage LP
Total cash and cash equivalents
Accounts receivable
Life Storage LP
Total accounts receivable
Receivable from unconsolidated joint ventures
Life Storage LP
Total receivable from unconsolidated joint ventures
Investment in unconsolidated joint ventures
Life Storage LP
Total investment in unconsolidated joint ventures
Prepaid expenses
Life Storage LP
Total prepaid expenses
Trade name
Life Storage LP
Total trade name
Other assets
Life Storage LP
Total other assets
Life Storage LP
Total Assets
Liabilities
Line of credit
Life Storage LP
Total line of credit
Term notes, net
Life Storage LP
Total term notes, net
Accounts payable and accrued liabilities
Life Storage LP
Total accounts payable and accrued liabilities
Deferred revenue
Life Storage LP
Total deferred revenue
Mortgages payable
Life Storage LP
Total mortgages payable
Life Storage LP
Total Liabilities
Noncontrolling redeemable Preferred Operating Partnership Units at redemption value
Life Storage LP
Redeemable Preferred Stock
Total noncontrolling redeemable Preferred Operating Partnership Units at redemption value
Noncontrolling redeemable Common Operating Partnership Units
Life Storage LP
Redeemable Common Stock
Total noncontrolling redeemable Common Operating Partnership Units
Limited partners redeemable capital interest at redemption value
Redeemable Common Stock
Total limited partners redeemable capital interest at redemption value
Shareholders' Equity/ Partners' Capital
Common stock $.01 par value, 200,000,000 shares authorized, 85,061,573 shares outstanding at March 31, 2023 (85,019,884 at December 31, 2022)
Additional paid-in capital
General partner (1 and 893,360 units outstanding at March 31, 2023 and December 31, 2022, respectively)
Limited partners (1 and 84,126,524 units outstanding at March 31, 2023 and December 31, 2022, respectively)
Dividends in excess of net income
Accumulated other comprehensive loss
Life Storage LP
Total accumulated other comprehensive loss
Total Controlling Partners Capital
Total Shareholders’ Equity
Noncontrolling interest in consolidated subsidiary
Life Storage LP
Total noncontrolling interest in consolidated subsidiary
Total Partners' Capital
Total Equity
Liabilities and Equity
Life Storage LP
Total Liabilities and Equity

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