2011 Q4 Form 10-K Financial Statement

#000104746913001942 Filed on February 28, 2013

View on sec.gov

Income Statement

Concept 2011 Q4 2011 Q3 2011 Q2
Revenue $93.21M $84.10M $78.04M
YoY Change 27.34% 16.8% 13.43%
Cost Of Revenue $26.70M $24.27M $22.71M
YoY Change 11.25% 5.06% 1.39%
Gross Profit $66.50M $59.83M $55.33M
YoY Change 35.44% 22.35% 19.24%
Gross Profit Margin 71.34% 71.14% 70.9%
Selling, General & Admin $13.30M $12.30M $12.40M
YoY Change 15.65% 16.04% 10.71%
% of Gross Profit 20.0% 20.56% 22.41%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $16.00M $14.36M $14.09M
YoY Change 21.21% 14.91% 15.51%
% of Gross Profit 24.06% 24.01% 25.47%
Operating Expenses $29.20M $26.70M $26.50M
YoY Change 17.74% 6.37% 12.77%
Operating Profit $34.38M $31.22M $25.85M
YoY Change 41.48% 31.16% 12.89%
Interest Expense -$15.40M $16.76M $16.26M
YoY Change 28.33% -228.89% -218.69%
% of Operating Profit -44.79% 53.68% 62.9%
Other Income/Expense, Net
YoY Change
Pretax Income $19.00M $15.42M $10.55M
YoY Change 63.79% 45.44% 15.96%
Income Tax $600.0K -$62.00K $411.0K
% Of Pretax Income 3.16% -0.4% 3.89%
Net Earnings $18.41M $17.35M $12.52M
YoY Change 106.9% 125.35% 101.89%
Net Earnings / Revenue 19.75% 20.63% 16.04%
Basic Earnings Per Share $0.17 $0.16 $0.12
Diluted Earnings Per Share $0.17 $0.16 $0.12
COMMON SHARES
Basic Shares Outstanding 94.31M shares 91.44M shares
Diluted Shares Outstanding 98.87M shares 96.01M shares

Balance Sheet

Concept 2011 Q4 2011 Q3 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $26.50M $33.90M $35.20M
YoY Change -43.38% 55.5% 23.94%
Cash & Equivalents $26.48M $33.90M $35.19M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $18.50M $61.20M $8.500M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $45.00M $95.10M $43.70M
YoY Change -41.02% 43.44% -34.68%
LONG-TERM ASSETS
Property, Plant & Equipment $2.264B $2.060B $2.046B
YoY Change 16.87% 10.27% 9.85%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $130.4M $134.2M $138.0M
YoY Change -7.25% -6.87% -9.8%
Other Assets $25.80M $30.40M $32.70M
YoY Change -47.67% -41.76% -38.19%
Total Long-Term Assets $2.473B $2.279B $2.267B
YoY Change 13.76% 8.07% 7.34%
TOTAL ASSETS
Total Short-Term Assets $45.00M $95.10M $43.70M
Total Long-Term Assets $2.473B $2.279B $2.267B
Total Assets $2.518B $2.374B $2.311B
YoY Change 11.9% 9.15% 6.05%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $46.40M $39.90M $32.70M
YoY Change 31.82% 6.68% 1.55%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $46.40M $39.90M $32.70M
YoY Change 9.95% -10.74% -16.15%
LONG-TERM LIABILITIES
Long-Term Debt $1.364B $1.242B $1.190B
YoY Change 9.37% 6.04% 0.74%
Other Long-Term Liabilities $33.80M $30.00M $29.00M
YoY Change 56.48% 20.0% 60.22%
Total Long-Term Liabilities $1.398B $1.272B $1.219B
YoY Change 10.17% 6.34% 1.64%
TOTAL LIABILITIES
Total Short-Term Liabilities $46.40M $39.90M $32.70M
Total Long-Term Liabilities $1.398B $1.272B $1.219B
Total Liabilities $1.444B $1.367B $1.307B
YoY Change 5.51% 5.25% 0.5%
SHAREHOLDERS EQUITY
Retained Earnings -$264.1M
YoY Change
Common Stock $1.291B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.019B $1.007B $1.004B
YoY Change
Total Liabilities & Shareholders Equity $2.518B $2.374B $2.311B
YoY Change 11.9% 9.15% 6.05%

Cashflow Statement

Concept 2011 Q4 2011 Q3 2011 Q2
OPERATING ACTIVITIES
Net Income $18.41M $17.35M $12.52M
YoY Change 106.9% 125.35% 101.89%
Depreciation, Depletion And Amortization $16.00M $14.36M $14.09M
YoY Change 21.21% 14.91% 15.51%
Cash From Operating Activities $43.50M $35.50M $35.20M
YoY Change 44.52% 24.13% 16.94%
INVESTING ACTIVITIES
Capital Expenditures -$87.80M -$29.20M -$82.40M
YoY Change 65.66% 56.15% 207.46%
Acquisitions
YoY Change
Other Investing Activities $5.100M -$44.40M $7.500M
YoY Change 34.21% -662.03% -186.21%
Cash From Investing Activities -$82.70M -$73.60M -$74.90M
YoY Change 68.09% 581.48% 110.99%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $112.3M
YoY Change 3410.91%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 31.80M 36.80M 32.40M
YoY Change -27.89% -250.82% -143.2%
NET CHANGE
Cash From Operating Activities 43.50M 35.50M 35.20M
Cash From Investing Activities -82.70M -73.60M -74.90M
Cash From Financing Activities 31.80M 36.80M 32.40M
Net Change In Cash -7.400M -1.300M -7.300M
YoY Change -129.6% -80.3% -90.92%
FREE CASH FLOW
Cash From Operating Activities $43.50M $35.50M $35.20M
Capital Expenditures -$87.80M -$29.20M -$82.40M
Free Cash Flow $131.3M $64.70M $117.6M
YoY Change 58.0% 36.79% 106.68%

Facts In Submission

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<div style='font-size:10.0pt;FONT-FAMILY: Times New Roman;'> <p style="FONT-FAMILY: times"><font size="2"><b>1. DESCRIPTION OF BUSINESS</b></font></p> <p style="FONT-FAMILY: times"><font size="2">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Extra Space Storage&#160;Inc. (the "Company") is a self-administered and self-managed real estate investment trust ("REIT"), formed as a Maryland Corporation on April&#160;30, 2004, to own, operate, manage, acquire, develop and redevelop professionally managed self-storage facilities located throughout the United States. The Company continues the business of Extra Space Storage&#160;LLC and its subsidiaries, which had engaged in the self-storage business since 1977. The Company's interest in its properties is held through its operating partnership, Extra Space Storage&#160;LP (the "Operating Partnership"), which was formed on May&#160;5, 2004. The Company's primary assets are general partner and limited partner interests in the Operating Partnership. This structure is commonly referred to as an umbrella partnership REIT, or UPREIT. The Company has elected to be taxed as a REIT under the Internal Revenue Code of 1986, as amended (the "Internal Revenue Code"). To the extent the Company continues to qualify as a REIT, it will not be subject to tax, with certain limited exceptions, on the taxable income that is distributed to its stockholders.</font></p> <p style="FONT-FAMILY: times"><font size="2">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The Company invests in self-storage facilities by acquiring wholly-owned facilities or by acquiring an equity interest in real estate entities. At December&#160;31, 2012, the Company had direct and indirect equity interests in 729 storage facilities. In addition, the Company managed 181 properties third parties bringing the total number of properties which it owns and/or manages to 910, located in 34 states, Washington, D.C. and Puerto Rico.</font></p> <p style="FONT-FAMILY: times"><font size="2">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The Company operates in three distinct segments: (1)&#160;property management, acquisition and development; (2)&#160;rental operations; and (3)&#160;tenant reinsurance. The Company's property management, acquisition and development activities include managing, acquiring, developing and redeveloping self-storage facilities. The rental operations activities include rental operations of self-storage facilities. No single tenant accounts for more than 5% of rental income. Tenant reinsurance activities include the reinsurance of risks relating to the loss of goods stored by tenants in the Company's self-storage facilities.</font></p></div>
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CY2010 us-gaap Cost Of Revenue
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86165000 USD
CY2012 exr Tenant Reinsurance Expense
TenantReinsuranceExpense
7869000 USD
CY2011 exr Tenant Reinsurance Expense
TenantReinsuranceExpense
6143000 USD
CY2010 exr Tenant Reinsurance Expense
TenantReinsuranceExpense
6505000 USD
CY2012 exr Acquisition Related Costs
AcquisitionRelatedCosts
5351000 USD
CY2011 exr Acquisition Related Costs
AcquisitionRelatedCosts
2896000 USD
CY2010 exr Acquisition Related Costs
AcquisitionRelatedCosts
1235000 USD
CY2012 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
444000 USD
CY2011 us-gaap Severance Costs
SeveranceCosts
2137000 USD
CY2012 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
50454000 USD
CY2011 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
49683000 USD
CY2010 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
44428000 USD
CY2012 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
74453000 USD
CY2012 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5413000 USD
CY2011 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1155000 USD
CY2011 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
58014000 USD
CY2010 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
50349000 USD
CY2012 us-gaap Costs And Expenses
CostsAndExpenses
252155000 USD
CY2011 us-gaap Costs And Expenses
CostsAndExpenses
214354000 USD
CY2010 us-gaap Costs And Expenses
CostsAndExpenses
190682000 USD
CY2012 us-gaap Operating Income Loss
OperatingIncomeLoss
157241000 USD
CY2011 us-gaap Operating Income Loss
OperatingIncomeLoss
115476000 USD
CY2010 us-gaap Operating Income Loss
OperatingIncomeLoss
90815000 USD
CY2012 us-gaap Interest Expense
InterestExpense
71850000 USD
CY2010 us-gaap Interest Expense
InterestExpense
64116000 USD
CY2010 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
1664000 USD
CY2012 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
-1270000 USD
CY2012 us-gaap Investment Income Interest
InvestmentIncomeInterest
1816000 USD
CY2011 us-gaap Investment Income Interest
InvestmentIncomeInterest
1027000 USD
CY2010 us-gaap Investment Income Interest
InvestmentIncomeInterest
898000 USD
CY2012 exr Interest Income On Note Receivable From Preferred Partnership Unit Holders
InterestIncomeOnNoteReceivableFromPreferredPartnershipUnitHolders
4850000 USD
CY2011 exr Interest Income On Note Receivable From Preferred Partnership Unit Holders
InterestIncomeOnNoteReceivableFromPreferredPartnershipUnitHolders
4850000 USD
CY2012 us-gaap Share Based Compensation
ShareBasedCompensation
4356000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
91613000 USD
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
52291000 USD
CY2010 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
30783000 USD
CY2012 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
10859000 USD
CY2011 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
7287000 USD
CY2010 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
6753000 USD
CY2010 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4162000 USD
CY2012 us-gaap Profit Loss
ProfitLoss
127689000 USD
CY2011 us-gaap Profit Loss
ProfitLoss
58423000 USD
CY2010 us-gaap Profit Loss
ProfitLoss
33374000 USD
CY2012 us-gaap Minority Interest In Net Income Loss Preferred Unit Holders
MinorityInterestInNetIncomeLossPreferredUnitHolders
6876000 USD
CY2011 us-gaap Minority Interest In Net Income Loss Preferred Unit Holders
MinorityInterestInNetIncomeLossPreferredUnitHolders
6289000 USD
CY2010 us-gaap Minority Interest In Net Income Loss Preferred Unit Holders
MinorityInterestInNetIncomeLossPreferredUnitHolders
6048000 USD
CY2012 exr Minority Interest In Net Income Loss Operating Partnerships And Other
MinorityInterestInNetIncomeLossOperatingPartnershipsAndOther
3504000 USD
CY2011 exr Minority Interest In Net Income Loss Operating Partnerships And Other
MinorityInterestInNetIncomeLossOperatingPartnershipsAndOther
1685000 USD
CY2010 exr Minority Interest In Net Income Loss Operating Partnerships And Other
MinorityInterestInNetIncomeLossOperatingPartnershipsAndOther
995000 USD
CY2011 us-gaap Share Based Compensation
ShareBasedCompensation
5757000 USD
CY2012 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease
-6587000 USD
CY2011 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease
-2237000 USD
CY2010 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease
-4963000 USD
CY2012 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
121102000 USD
CY2011 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
56186000 USD
CY2010 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
28411000 USD
CY2010 us-gaap Share Based Compensation
ShareBasedCompensation
4580000 USD
CY2012 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
10130000 USD
CY2011 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
7886000 USD
CY2010 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
6811000 USD
CY2012 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
110972000 USD
CY2011 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
48300000 USD
CY2010 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
21600000 USD
CY2012 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
5889000 USD
CY2011 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
5583000 USD
CY2010 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4354000 USD
CY2010 exr Loss On Sublease
LossOnSublease
2000000 USD
CY2012 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-2581000 USD
CY2011 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-7008000 USD
CY2010 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-6722000 USD
CY2012 us-gaap Increase Decrease In Due From Related Parties Current
IncreaseDecreaseInDueFromRelatedPartiesCurrent
-7439000 USD
CY2011 us-gaap Increase Decrease In Due From Related Parties Current
IncreaseDecreaseInDueFromRelatedPartiesCurrent
8634000 USD
CY2012Q4 exr Lease Obligation Liability
LeaseObligationLiability
3826000 USD
CY2011Q4 exr Lease Obligation Liability
LeaseObligationLiability
5828000 USD
CY2011 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
144164000 USD
CY2010 us-gaap Increase Decrease In Due From Related Parties Current
IncreaseDecreaseInDueFromRelatedPartiesCurrent
-3011000 USD
CY2012 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-8746000 USD
CY2011 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-7533000 USD
CY2012 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
2002000 USD
CY2011 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-1118000 USD
CY2010 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1676000 USD
CY2012 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
7220000 USD
CY2011 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
9837000 USD
CY2010 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1856000 USD
CY2010 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-1419000 USD
CY2012 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
215879000 USD
CY2010 us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
69588000 USD
CY2012 us-gaap Payments For Construction In Process
PaymentsForConstructionInProcess
3759000 USD
CY2011 us-gaap Payments For Construction In Process
PaymentsForConstructionInProcess
7060000 USD
CY2010 us-gaap Payments For Construction In Process
PaymentsForConstructionInProcess
36062000 USD
CY2011 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-251919000 USD
CY2010 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
15750000 USD
CY2012 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
1423000 USD
CY2010 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
104815000 USD
CY2012 us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
601727000 USD
CY2011 us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
194959000 USD
CY2011 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
4088000 USD
CY2010 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
9699000 USD
CY2012 exr Return Of Investment Real Estate Ventures
ReturnOfInvestmentRealEstateVentures
2421000 USD
CY2011 exr Return Of Investment Real Estate Ventures
ReturnOfInvestmentRealEstateVentures
4614000 USD
CY2010 exr Return Of Investment Real Estate Ventures
ReturnOfInvestmentRealEstateVentures
8802000 USD
CY2012 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-8792000 USD
CY2011 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-4730000 USD
CY2010 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-9036000 USD
CY2012 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
7875000 USD
CY2011 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
50140000 USD
CY2012 us-gaap Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
3367000 USD
CY2011 us-gaap Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
5016000 USD
CY2010 us-gaap Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
1945000 USD
CY2012 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-606938000 USD
CY2010 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-83706000 USD
CY2012 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
429588000 USD
CY2011 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
112349000 USD
CY2012 us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
87663000 USD
CY2012 exr Proceeds From Notes Payable And Lines Of Credit
ProceedsFromNotesPayableAndLinesOfCredit
1074263000 USD
CY2011 exr Proceeds From Notes Payable And Lines Of Credit
ProceedsFromNotesPayableAndLinesOfCredit
475487000 USD
CY2010 exr Proceeds From Notes Payable And Lines Of Credit
ProceedsFromNotesPayableAndLinesOfCredit
191062000 USD
CY2012 exr Payments Of Notes Payable And Lines Of Credit
PaymentsOfNotesPayableAndLinesOfCredit
921831000 USD
CY2011 exr Payments Of Notes Payable And Lines Of Credit
PaymentsOfNotesPayableAndLinesOfCredit
452347000 USD
CY2010 exr Payments Of Notes Payable And Lines Of Credit
PaymentsOfNotesPayableAndLinesOfCredit
252400000 USD
CY2012 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
11607000 USD
CY2011 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
6197000 USD
CY2010 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
4160000 USD
CY2012 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
155000 USD
CY2011 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
271000 USD
CY2010 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
4116000 USD
CY2012 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
10267000 USD
CY2011 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
18622000 USD
CY2010 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
5661000 USD
CY2012 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
88287000 USD
CY2011 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
52027000 USD
CY2010 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
34964000 USD
CY2012 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
9215000 USD
CY2011 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
8127000 USD
CY2010 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
7479000 USD
CY2012 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
395360000 USD
CY2011 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
87489000 USD
CY2010 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-106309000 USD
CY2010Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
46750000 USD
CY2009Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
131950000 USD
CY2012 us-gaap Interest Paid Net
InterestPaidNet
65687000 USD
CY2011 us-gaap Interest Paid Net
InterestPaidNet
61726000 USD
CY2010 exr Noncash Or Part Noncash Acquisition Net Real Estate Assets Acquired
NoncashOrPartNoncashAcquisitionNetRealEstateAssetsAcquired
25963000 USD
CY2012 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
150284000 USD
CY2011 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
132327000 USD
CY2010 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
25963000 USD
CY2011Q4 us-gaap Business Acquisition Cost Of Acquired Entity Liabilities Incurred
BusinessAcquisitionCostOfAcquiredEntityLiabilitiesIncurred
4850000 USD
CY2010 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
-85200000 USD
CY2011 exr Redemption Of Operating Partnership Units For Common Stock Including Additional Paid In Capital
RedemptionOfOperatingPartnershipUnitsForCommonStockIncludingAdditionalPaidInCapital
2344000 USD
CY2012 us-gaap Proceeds And Excess Tax Benefit From Sharebased Compensation
ProceedsAndExcessTaxBenefitFromSharebasedCompensation
3476000 USD
CY2011 us-gaap Proceeds And Excess Tax Benefit From Sharebased Compensation
ProceedsAndExcessTaxBenefitFromSharebasedCompensation
2199000 USD
CY2010 us-gaap Proceeds And Excess Tax Benefit From Sharebased Compensation
ProceedsAndExcessTaxBenefitFromSharebasedCompensation
836000 USD
CY2012 us-gaap Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
3476000 USD
CY2011 us-gaap Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
2199000 USD
CY2010 us-gaap Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
836000 USD
CY2012 exr Noncash Or Part Noncash Acquisition Net Real Estate Assets Acquired
NoncashOrPartNoncashAcquisitionNetRealEstateAssetsAcquired
159297000 USD
CY2011 exr Noncash Or Part Noncash Acquisition Net Real Estate Assets Acquired
NoncashOrPartNoncashAcquisitionNetRealEstateAssetsAcquired
137177000 USD
CY2010 us-gaap Interest Paid Net
InterestPaidNet
60100000 USD
CY2012 us-gaap Income Taxes Paid
IncomeTaxesPaid
831000 USD
CY2011 us-gaap Income Taxes Paid
IncomeTaxesPaid
665000 USD
CY2010 us-gaap Income Taxes Paid
IncomeTaxesPaid
6539000 USD
CY2010 exr Real Estate Assets
RealEstateAssets
-42739000 USD
CY2010 exr Investment In Real Estate Ventures
InvestmentInRealEstateVentures
404000 USD
CY2010 exr Related Party Receivables
RelatedPartyReceivables
21142000 USD
CY2010 exr Other Assets And Other Liabilities
OtherAssetsAndOtherLiabilities
-51000 USD
CY2010 exr Notes Payable Non Cash
NotesPayableNonCash
21348000 USD
CY2010 exr Other Noncontrolling Interests
OtherNoncontrollingInterests
-104000 USD
CY2012 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
2479000 USD
CY2011 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
2344000 USD
CY2012 exr Redemption Of Operating Partnership Units For Common Stock Including Additional Paid In Capital
RedemptionOfOperatingPartnershipUnitsForCommonStockIncludingAdditionalPaidInCapital
2479000 USD
CY2012 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
4301000 USD
CY2011 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
-20266000 USD
CY2012Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
729 property
CY2012Q4 exr Number Of Real Estate Properties Franchisees And Others
NumberOfRealEstatePropertiesFranchiseesAndOthers
181 property
CY2012Q4 exr Number Of Real Estate Properties Owned And Or Managed
NumberOfRealEstatePropertiesOwnedAndOrManaged
910 property
CY2012Q4 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
34 state
CY2012 exr Reporting Segments Number
ReportingSegmentsNumber
3 segment
CY2012 exr Maximum Percentage Of Rental Income Accounted For By Single Tenant
MaximumPercentageOfRentalIncomeAccountedForBySingleTenant
0.05 pure
CY2012 us-gaap Use Of Estimates
UseOfEstimates
<div style='font-size:10.0pt;FONT-FAMILY: Times New Roman;'> <p style="FONT-FAMILY: times"><font size="2"><b>Use of Estimates</b></font></p> <p style="FONT-FAMILY: times"><font size="2">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</font></p></div>
CY2012 us-gaap Comparability Of Prior Year Financial Data
ComparabilityOfPriorYearFinancialData
<div style='font-size:10.0pt;FONT-FAMILY: Times New Roman;'> <p style="FONT-FAMILY: times"><font size="2"><b>Reclassifications</b></font></p> <p style="FONT-FAMILY: times"><font size="2">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Certain amounts in the 2011 and 2010 financial statements and supporting note disclosures have been reclassified to conform to the current year presentation. Such reclassifications did not impact previously reported net income or accumulated deficit.</font></p></div>
CY2012 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2012 dei Document Period End Date
DocumentPeriodEndDate
2012-12-31
CY2012 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2011 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
752000 USD
CY2010 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
2013000 USD
CY2012 dei Entity Registrant Name
EntityRegistrantName
Extra Space Storage Inc.
CY2012 dei Entity Central Index Key
EntityCentralIndexKey
0001289490
CY2012 dei Document Type
DocumentType
10-K
CY2012 exr Number Of Leased Properties That Cannot Be Classified As Ground Or Building Leases
NumberOfLeasedPropertiesThatCannotBeClassifiedAsGroundOrBuildingLeases
3 property
CY2012 dei Amendment Flag
AmendmentFlag
false
CY2012 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2012 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2012 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
CY2012 exr Number Of Properties Related To Ground Leases Assumed By The Entity At Rates Lower Than Current Market Rates
NumberOfPropertiesRelatedToGroundLeasesAssumedByTheEntityAtRatesLowerThanCurrentMarketRates
5 property
CY2012 exr Economic Risk Number Of Components
EconomicRiskNumberOfComponents
3 component
CY2012 exr Expected Benefit Period For Amortization Of Direct Response Advertising Costs
ExpectedBenefitPeriodForAmortizationOfDirectResponseAdvertisingCosts
12
CY2011Q4 us-gaap Prepaid Advertising
PrepaidAdvertising
860000 USD
CY2011 us-gaap Advertising Expense
AdvertisingExpense
5958000 USD
CY2010 us-gaap Advertising Expense
AdvertisingExpense
6430000 USD
CY2012 us-gaap Advertising Expense
AdvertisingExpense
6026000 USD
CY2012 exr Percentage Of Annual Reit Taxable Income Distributable To Stockholders Minimum
PercentageOfAnnualREITTaxableIncomeDistributableToStockholdersMinimum
0.90 pure
CY2012 exr Percentage Of All Distributions To Stockholders Which Classifies As Return Of Capital
PercentageOfAllDistributionsToStockholdersWhichClassifiesAsReturnOfCapital
0.00 pure
CY2011 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
107523 shares
CY2010 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1788142 shares
CY2012 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
57335 shares
CY2011 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
50449000 USD
CY2010 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
26331000 USD
CY2012 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
117309000 USD
CY2011 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-7978000 USD
CY2010 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-7096000 USD
CY2012 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-10349000 USD
CY2011 exr Income Loss Attributable To Noncontrolling Interest Fixed Component
IncomeLossAttributableToNoncontrollingInterestFixedComponent
5750000 USD
CY2010 exr Income Loss Attributable To Noncontrolling Interest Fixed Component
IncomeLossAttributableToNoncontrollingInterestFixedComponent
5750000 USD
CY2012 exr Income Loss Attributable To Noncontrolling Interest Fixed Component
IncomeLossAttributableToNoncontrollingInterestFixedComponent
5750000 USD
CY2013Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
110742088 shares
CY2011 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
52677000 USD
CY2010 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
27677000 USD
CY2009Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
946219000 USD
CY2010Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
939071000 USD
CY2010 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
5661000 USD
CY2011 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
18622000 USD
CY2012 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
10267000 USD
CY2010 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
4000 USD
CY2011 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
2000 USD
CY2012 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
2000 USD
CY2011 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
112349000 USD
CY2012 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
429588000 USD
CY2012 exr Stock Issued During Period Value Settlement Of Exchangeable Senior Notes
StockIssuedDuringPeriodValueSettlementOfExchangeableSeniorNotes
7000 USD
CY2010 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4580000 USD
CY2011 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5757000 USD
CY2012 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4356000 USD
CY2010 us-gaap Stockholders Equity Other
StockholdersEquityOther
-104000 USD
CY2012 exr Partner Capital Account Units Issued
PartnerCapitalAccountUnitsIssued
429000 USD
CY2010 exr Minority Interest Decrease From Cash Redemptions
MinorityInterestDecreaseFromCashRedemptions
4116000 USD
CY2011 exr Minority Interest Decrease From Cash Redemptions
MinorityInterestDecreaseFromCashRedemptions
271000 USD
CY2012 exr Minority Interest Decrease From Cash Redemptions
MinorityInterestDecreaseFromCashRedemptions
155000 USD
CY2010 exr Adjustments In Investments From Other Noncontrolling Interests
AdjustmentsInInvestmentsFromOtherNoncontrollingInterests
-87000 USD
CY2010 exr Noncontrolling Interests Increase From Purchase Of Interests
NoncontrollingInterestsIncreaseFromPurchaseOfInterests
223000 USD
CY2010 us-gaap Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
-4963000 USD
CY2011 us-gaap Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
-2237000 USD
CY2012 us-gaap Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
-6587000 USD
CY2010 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
836000 USD
CY2011 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
2199000 USD
CY2012 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
3476000 USD
CY2010 exr Adjustments To Additional Paid In Capital Tax Effect From Contribution Of Property To Subsidiary
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromContributionOfPropertyToSubsidiary
-495000 USD
CY2010 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
7479000 USD
CY2011 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
8098000 USD
CY2012 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
9197000 USD
CY2011 exr Minority Interest Decrease From Distributions To Other Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToOtherNoncontrollingInterestHolders
29000 USD
CY2012 exr Minority Interest Decrease From Distributions To Other Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToOtherNoncontrollingInterestHolders
18000 USD
CY2010 us-gaap Dividends Common Stock
DividendsCommonStock
34964000 USD
CY2011 us-gaap Dividends Common Stock
DividendsCommonStock
52027000 USD
CY2012 us-gaap Dividends Common Stock
DividendsCommonStock
88287000 USD
CY2012 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.85
CY2011 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.56
CY2010 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.40
CY2012Q4 us-gaap Derivative Lower Fixed Interest Rate Range
DerivativeLowerFixedInterestRateRange
0.0279 pure
CY2012Q4 us-gaap Derivative Higher Fixed Interest Rate Range
DerivativeHigherFixedInterestRateRange
0.0698 pure
CY2012 exr Interest Rate Cash Flow Hedge Increase Decrease In Interest Expenses Due To Interest Payments
InterestRateCashFlowHedgeIncreaseDecreaseInInterestExpensesDueToInterestPayments
-6758000 USD
CY2011 exr Interest Rate Cash Flow Hedge Increase Decrease In Interest Expenses Due To Interest Payments
InterestRateCashFlowHedgeIncreaseDecreaseInInterestExpensesDueToInterestPayments
-3771000 USD
CY2010 exr Interest Rate Cash Flow Hedge Increase Decrease In Interest Expenses Due To Interest Payments
InterestRateCashFlowHedgeIncreaseDecreaseInInterestExpensesDueToInterestPayments
-3078000 USD
CY2012 us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
-6917000 USD
CY2011 us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
-2237000 USD
CY2012 us-gaap Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
-6758000 USD
CY2011 us-gaap Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
-3771000 USD
CY2012Q4 us-gaap Interest Rate Cash Flow Hedge Liability At Fair Value
InterestRateCashFlowHedgeLiabilityAtFairValue
15228000 USD
CY2011Q4 us-gaap Interest Rate Cash Flow Hedge Liability At Fair Value
InterestRateCashFlowHedgeLiabilityAtFairValue
8311000 USD
CY2012 exr Equity Method Investment Income Loss Excess Purchase Price Amortization Amount
EquityMethodInvestmentIncomeLossExcessPurchasePriceAmortizationAmount
25713000 USD
CY2012Q4 exr Equity Method Investment Summarized Financial Information Real Estate Investment Property Net
EquityMethodInvestmentSummarizedFinancialInformationRealEstateInvestmentPropertyNet
1629402000 USD
CY2011Q4 exr Equity Method Investment Summarized Financial Information Real Estate Investment Property Net
EquityMethodInvestmentSummarizedFinancialInformationRealEstateInvestmentPropertyNet
1971431000 USD
CY2012Q4 exr Equity Method Investment Summarized Financial Information Other Assets
EquityMethodInvestmentSummarizedFinancialInformationOtherAssets
33103000 USD
CY2011Q4 exr Equity Method Investment Summarized Financial Information Other Assets
EquityMethodInvestmentSummarizedFinancialInformationOtherAssets
48728000 USD
CY2012Q4 us-gaap Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
1662505000 USD
CY2011Q4 us-gaap Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
2020159000 USD
CY2012Q4 us-gaap Line Of Credit Facility Amount Outstanding
LineOfCreditFacilityAmountOutstanding
85000000 USD
CY2012Q4 exr Equity Method Investment Summarized Financial Information Secured Debt
EquityMethodInvestmentSummarizedFinancialInformationSecuredDebt
404630000 USD
CY2011Q4 exr Equity Method Investment Summarized Financial Information Secured Debt
EquityMethodInvestmentSummarizedFinancialInformationSecuredDebt
615561000 USD
CY2012Q4 exr Equity Method Investment Summarized Financial Information Other Liabilities
EquityMethodInvestmentSummarizedFinancialInformationOtherLiabilities
27383000 USD
CY2011Q4 exr Equity Method Investment Summarized Financial Information Other Liabilities
EquityMethodInvestmentSummarizedFinancialInformationOtherLiabilities
37558000 USD
CY2012Q4 us-gaap Equity Method Investment Summarized Financial Information Equity
EquityMethodInvestmentSummarizedFinancialInformationEquity
1234492000 USD
CY2011Q4 us-gaap Equity Method Investment Summarized Financial Information Equity
EquityMethodInvestmentSummarizedFinancialInformationEquity
1367040000 USD
CY2012Q4 us-gaap Equity Method Investment Summarized Financial Information Liabilities And Equity
EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity
1666505000 USD
CY2011Q4 us-gaap Equity Method Investment Summarized Financial Information Liabilities And Equity
EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity
2020159000 USD
CY2012 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
266222000 USD
CY2011 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
304499000 USD
CY2010 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
297658000 USD
CY2012 us-gaap Equity Method Investment Summarized Financial Information Cost Of Sales
EquityMethodInvestmentSummarizedFinancialInformationCostOfSales
164285000 USD
CY2011 us-gaap Equity Method Investment Summarized Financial Information Cost Of Sales
EquityMethodInvestmentSummarizedFinancialInformationCostOfSales
217114000 USD
CY2010 us-gaap Equity Method Investment Summarized Financial Information Cost Of Sales
EquityMethodInvestmentSummarizedFinancialInformationCostOfSales
211283000 USD
CY2012 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
101937000 USD
CY2011 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
87385000 USD
CY2010 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
86375000 USD
CY2012 exr Equity Method Investment Excess Purchase Price Amortization Period
EquityMethodInvestmentExcessPurchasePriceAmortizationPeriod
40
CY2012Q4 us-gaap Interest Rate Derivative Liabilities At Fair Value
InterestRateDerivativeLiabilitiesAtFairValue
15228000 USD
CY2011Q4 us-gaap Interest Rate Derivative Liabilities At Fair Value
InterestRateDerivativeLiabilitiesAtFairValue
8311000 USD
CY2012Q4 us-gaap Other Sundry Liabilities
OtherSundryLiabilities
8442000 USD
CY2011Q4 us-gaap Other Sundry Liabilities
OtherSundryLiabilities
4708000 USD
CY2011Q4 us-gaap Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals
OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentals
1747000 USD
CY2012Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
240000000 USD
CY2012Q4 us-gaap Deferred Revenue Leases Net
DeferredRevenueLeasesNet
20752000 USD
CY2011Q4 us-gaap Deferred Revenue Leases Net
DeferredRevenueLeasesNet
14907000 USD
CY2011Q2 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
549000 USD
CY2011Q2 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
5335423 shares
CY2012 exr Common Stock Voting Rights Votes Number
CommonStockVotingRightsVotesNumber
1 Vote
CY2012Q4 exr Maximum Percentage Of Annual Salary Which Plan Participants May Contribute To The Plan
MaximumPercentageOfAnnualSalaryWhichPlanParticipantsMayContributeToThePlan
0.15 pure
CY2012 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
884000 USD
CY2011 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
832000 USD
CY2010 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
805000 USD
CY2011Q4 exr Asset Management Fees Receivable
AssetManagementFeesReceivable
5327000 USD
CY2012 us-gaap Property Management Fee Percent Fee
PropertyManagementFeePercentFee
0.06 pure
CY2011Q2 exr Common Stock Offer Price Per Share
CommonStockOfferPricePerShare
21.16
CY2011Q2 exr Gross Proceeds From Issuance Of Common Stock
GrossProceedsFromIssuanceOfCommonStock
112898000 USD
CY2012 exr Percentage Of Matching Contribution Made By Company For First Three Percent Of Participants Compensation
PercentageOfMatchingContributionMadeByCompanyForFirstThreePercentOfParticipantsCompensation
1.00 pure
CY2012 exr Maximum Percentage Of Compensation By Plan Participants Subject To Hundred Percent Matching Of Company
MaximumPercentageOfCompensationByPlanParticipantsSubjectToHundredPercentMatchingOfCompany
0.03 pure
CY2012 exr Percentage Of Matching Contribution Made By Company For Next Two Percent Of Participants Compensation
PercentageOfMatchingContributionMadeByCompanyForNextTwoPercentOfParticipantsCompensation
0.50 pure
CY2012 exr Maximum Percentage Of Compensation By Plan Participants Subject To Fifty Percent Matching Of Company
MaximumPercentageOfCompensationByPlanParticipantsSubjectToFiftyPercentMatchingOfCompany
0.02 pure
CY2012 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
612000 USD
CY2012 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
8852000 USD
CY2012 exr Income Tax Credits And Adjustments Federal
IncomeTaxCreditsAndAdjustmentsFederal
-5528000 USD
CY2012 us-gaap Income Tax Credits And Adjustments
IncomeTaxCreditsAndAdjustments
-5528000 USD
CY2012 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
2089000 USD
CY2012 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2089000 USD
CY2012 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
4801000 USD
CY2011 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
606000 USD
CY2012 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
612000 USD
CY2010 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
124000 USD
CY2011 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
1350000 USD
CY2011 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
606000 USD
CY2011 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1956000 USD
CY2011 exr Income Tax Credits And Adjustments Federal
IncomeTaxCreditsAndAdjustmentsFederal
-6849000 USD
CY2011 us-gaap Income Tax Credits And Adjustments
IncomeTaxCreditsAndAdjustments
-6849000 USD
CY2011 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
6048000 USD
CY2011 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
6048000 USD
CY2011 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
549000 USD
CY2010 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
3588000 USD
CY2010 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
124000 USD
CY2010 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
3712000 USD
CY2010 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
4038000 USD
CY2011 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
20854000 USD
CY2011 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
14957000 USD
CY2012Q4 exr Deferred Tax Assets Tax Deferred Captive Insurance Subsidiary
DeferredTaxAssetsTaxDeferredCaptiveInsuranceSubsidiary
385000 USD
CY2010 us-gaap Income Tax Credits And Adjustments
IncomeTaxCreditsAndAdjustments
-832000 USD
CY2010 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
1282000 USD
CY2010 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1282000 USD
CY2011 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
617000 USD
CY2011 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
1298000 USD
CY2011 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
6849000 USD
CY2011 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
192000 USD
CY2012 us-gaap Common Stock Voting Rights
CommonStockVotingRights
All holders of the Company's common stock are entitled to receive dividends and to one vote on all matters submitted to a vote of stockholders.
CY2012Q4 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
5980000 shares
CY2012Q2 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
8050000 shares
CY2012Q4 exr Common Stock Offer Price Per Share
CommonStockOfferPricePerShare
33.98
CY2012Q2 exr Common Stock Offer Price Per Share
CommonStockOfferPricePerShare
28.22
CY2012Q4 exr Gross Proceeds From Issuance Of Common Stock
GrossProceedsFromIssuanceOfCommonStock
203200000 USD
CY2012Q2 exr Gross Proceeds From Issuance Of Common Stock
GrossProceedsFromIssuanceOfCommonStock
227171000 USD
CY2012Q4 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
300000 USD
CY2012Q2 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
483000 USD
CY2011Q2 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
112349000 USD
CY2012Q4 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
202900000 USD
CY2012Q2 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
226688000 USD
CY2012 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
8240000 USD
CY2012 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
46586000 USD
CY2012 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
37729000 USD
CY2012 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
612000 USD
CY2012 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
1641000 USD
CY2012 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
5528000 USD
CY2012 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-169000 USD
CY2011 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.251 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.010 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.022 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.115 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.003 pure
CY2011 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.019 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.283 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.005 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.012 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.042 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.001 pure
CY2012 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.041 pure
CY2011Q4 exr Deferred Tax Assets Tax Deferred Captive Insurance Subsidiary
DeferredTaxAssetsTaxDeferredCaptiveInsuranceSubsidiary
232000 USD
CY2011Q4 exr Deferred Tax Assets Fixed Assets
DeferredTaxAssetsFixedAssets
-6455000 USD
CY2011Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
1542000 USD
CY2011Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
6849000 USD
CY2011Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
1955000 USD
CY2011Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
2691000 USD
CY2011Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
6814000 USD
CY2011Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
3211000 USD
CY2012Q4 exr Deferred Tax Assets Fixed Assets
DeferredTaxAssetsFixedAssets
-10791000 USD
CY2012Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
1721000 USD
CY2012Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
10313000 USD
CY2012Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
1610000 USD
CY2012Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
4402000 USD
CY2012Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
7640000 USD
CY2012Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
4135000 USD
CY2012Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
3505000 USD
CY2011 us-gaap Interest And Debt Expense
InterestAndDebtExpense
69062000 USD
CY2010 us-gaap Interest And Debt Expense
InterestAndDebtExpense
65780000 USD
CY2012 us-gaap Interest And Debt Expense
InterestAndDebtExpense
72294000 USD
CY2012Q4 exr Real Estate Self Storage Properties Ground Leases Number
RealEstateSelfStoragePropertiesGroundLeasesNumber
18 Facility
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
7463000 USD
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
7330000 USD
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
5206000 USD
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
4072000 USD
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
2783000 USD
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
42542000 USD
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
69396000 USD
CY2011 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
2799000 USD
CY2010 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
2416000 USD
CY2012 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
2830000 USD
CY2011Q4 us-gaap Litigation Reserve
LitigationReserve
1800000 USD
CY2011Q3 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
84097000 USD
CY2011Q4 us-gaap Costs And Expenses
CostsAndExpenses
58833000 USD
CY2011Q4 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
93212000 USD
CY2012Q4 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
113667000 USD
CY2012Q1 us-gaap Costs And Expenses
CostsAndExpenses
58217000 USD
CY2012Q2 us-gaap Costs And Expenses
CostsAndExpenses
57076000 USD
CY2011Q1 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
74481000 USD
CY2011Q2 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
78040000 USD
CY2012Q3 us-gaap Costs And Expenses
CostsAndExpenses
66307000 USD
CY2012Q4 us-gaap Costs And Expenses
CostsAndExpenses
70555000 USD
CY2012Q1 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
90987000 USD
CY2012Q2 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
94951000 USD
CY2012Q3 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
109791000 USD
CY2011Q1 us-gaap Costs And Expenses
CostsAndExpenses
50451000 USD
CY2011Q2 us-gaap Costs And Expenses
CostsAndExpenses
52188000 USD
CY2011Q3 us-gaap Costs And Expenses
CostsAndExpenses
52882000 USD
CY2011Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
24030000 USD
CY2011Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
25852000 USD
CY2011Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
31215000 USD
CY2011Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
34379000 USD
CY2012Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
32770000 USD
CY2012Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
37875000 USD
CY2012Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
43484000 USD
CY2012Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
43112000 USD
CY2011Q1 us-gaap Profit Loss
ProfitLoss
10140000 USD
CY2011Q2 us-gaap Profit Loss
ProfitLoss
12517000 USD
CY2011Q3 us-gaap Profit Loss
ProfitLoss
17352000 USD
CY2011Q4 us-gaap Profit Loss
ProfitLoss
18414000 USD
CY2012Q1 us-gaap Profit Loss
ProfitLoss
22518000 USD
CY2012Q2 us-gaap Profit Loss
ProfitLoss
24745000 USD
CY2012Q3 us-gaap Profit Loss
ProfitLoss
41553000 USD
CY2012Q4 us-gaap Profit Loss
ProfitLoss
38873000 USD
CY2011Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
8301000 USD
CY2011Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
10609000 USD
CY2011Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
15261000 USD
CY2011Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
16278000 USD
CY2012Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
20214000 USD
CY2012Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
22413000 USD
CY2012Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
38606000 USD
CY2012Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
36076000 USD
CY2011Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.09
CY2011Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.12
CY2011Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.16
CY2011Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.17
CY2012Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.21
CY2012Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.22
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.37
CY2012Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.33
CY2011Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.09
CY2011Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.12
CY2011Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.16
CY2011Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.17
CY2012Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.21
CY2012Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.22
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.37
CY2012Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.33
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
2553769 shares
CY2012 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
6.22
CY2012 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
28.79
CY2012Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
1097092 shares
CY2012Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm1
5.50
CY2012Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
13.89
CY2012Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
724368 shares
CY2012Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
2616035000 USD
CY2012Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land And Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfLandAndBuildingsAndImprovements
3383650000 USD
CY2012Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
14.37
CY2012Q4 us-gaap Real Estate Federal Income Tax Basis
RealEstateFederalIncomeTaxBasis
3194952000 USD
CY2010Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1972402000 USD
CY2010 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
87000 USD
CY2012Q4 exr Variable Interest Entity Not Primary Beneficiary Number And Not Consolidated Number
VariableInterestEntityNotPrimaryBeneficiaryNumberAndNotConsolidatedNumber
3 entity
CY2012Q4 us-gaap Real Estate And Accumulated Depreciation Accumulated Depreciation
RealEstateAndAccumulatedDepreciationAccumulatedDepreciation
391928000 USD
CY2012Q4 us-gaap Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Carrying Costs
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionCarryingCosts
175903000 USD
CY2012Q4 exr Real Estate And Accumulated Depreciation Land Adjustments
RealEstateAndAccumulatedDepreciationLandAdjustments
-3816000 USD
CY2012Q4 exr Real Estate And Accumulated Depreciation Building Adjustments
RealEstateAndAccumulatedDepreciationBuildingAdjustments
9478000 USD
CY2012Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
767615000 USD
CY2012 exr Number Of Real Estate Properties Acquired
NumberOfRealEstatePropertiesAcquired
91 property
CY2011 exr Number Of Real Estate Properties Acquired
NumberOfRealEstatePropertiesAcquired
55 property
CY2012Q4 us-gaap Business Acquisition Cost Of Acquired Entity Purchase Price
BusinessAcquisitionCostOfAcquiredEntityPurchasePrice
761648000 USD
CY2011Q4 us-gaap Business Acquisition Cost Of Acquired Entity Purchase Price
BusinessAcquisitionCostOfAcquiredEntityPurchasePrice
297166000 USD
CY2012 exr Gain Loss On Purchase Of Joint Venture Partners Interest
GainLossOnPurchaseOfJointVenturePartnersInterest
23670000 USD
CY2012 exr Real Estate Property Acquisition Previous Equity Interest
RealEstatePropertyAcquisitionPreviousEquityInterest
17539000 USD
CY2012Q4 us-gaap Business Acquisition Cost Of Acquired Entity Cash Paid
BusinessAcquisitionCostOfAcquiredEntityCashPaid
563107000 USD
CY2011Q4 us-gaap Business Acquisition Cost Of Acquired Entity Cash Paid
BusinessAcquisitionCostOfAcquiredEntityCashPaid
158335000 USD
CY2011 exr Real Estate Property Acquisition Previous Equity Interest
RealEstatePropertyAcquisitionPreviousEquityInterest
1817000 USD
CY2012Q4 exr Real Estate Property Acquisition Assets Acquired Liabilities Assumed Net
RealEstatePropertyAcquisitionAssetsAcquiredLiabilitiesAssumedNet
1965000 USD
CY2011Q4 exr Real Estate Property Acquisition Assets Acquired Liabilities Assumed Net
RealEstatePropertyAcquisitionAssetsAcquiredLiabilitiesAssumedNet
163000 USD
CY2012Q4 us-gaap Business Acquisition Cost Of Acquired Entity Equity Interests Issued And Issuable
BusinessAcquisitionCostOfAcquiredEntityEquityInterestsIssuedAndIssuable
429000 USD
CY2012 us-gaap Business Acquisition Equity Interests Issued Or Issuable Number Of Shares Issued
BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued
16007 shares
CY2012Q4 exr Real Estate Property Acquisition Purchase Price Allocation Land
RealEstatePropertyAcquisitionPurchasePriceAllocationLand
168259000 USD
CY2011Q4 exr Real Estate Property Acquisition Purchase Price Allocation Land
RealEstatePropertyAcquisitionPurchasePriceAllocationLand
76008000 USD
CY2012Q4 exr Real Estate Property Acquisition Purchase Price Allocation Building
RealEstatePropertyAcquisitionPurchasePriceAllocationBuilding
573500000 USD
CY2011Q4 exr Real Estate Property Acquisition Purchase Price Allocation Building
RealEstatePropertyAcquisitionPurchasePriceAllocationBuilding
215164000 USD
CY2012Q4 us-gaap Business Acquisition Purchase Price Allocation Amortizable Intangible Assets
BusinessAcquisitionPurchasePriceAllocationAmortizableIntangibleAssets
16570000 USD
CY2011Q4 us-gaap Business Acquisition Purchase Price Allocation Amortizable Intangible Assets
BusinessAcquisitionPurchasePriceAllocationAmortizableIntangibleAssets
5035000 USD
CY2012 exr Real Estate Property Acquisition Closing Costs Expensed
RealEstatePropertyAcquisitionClosingCostsExpensed
3319000 USD
CY2011 exr Real Estate Property Acquisition Closing Costs Expensed
RealEstatePropertyAcquisitionClosingCostsExpensed
959000 USD
CY2012 exr Number Of Self Storage Properties
NumberOfSelfStorageProperties
1 property
CY2012Q4 us-gaap Credit Risk Derivative Liabilities At Fair Value
CreditRiskDerivativeLiabilitiesAtFairValue
15569000 USD
CY2012Q4 us-gaap Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
1369690000 USD
CY2012Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
770764000 USD
CY2012Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
2430654000 USD
CY2012Q4 exr Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Land
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionLand
667000 USD
CY2012 exr Gain Loss On Sale Of Real Estate Assets And Purchase Of Partners Interests
GainLossOnSaleOfRealEstateAssetsAndPurchaseOfPartnersInterests
30630000 USD
CY2012Q1 exr Percentage Of Joint Venture Owned Prior To Dissolution And Final Distribution
PercentageOfJointVentureOwnedPriorToDissolutionAndFinalDistribution
0.40 pure
CY2012Q4 exr Percentage Of Joint Venture Owned Prior To Dissolution And Final Distribution
PercentageOfJointVentureOwnedPriorToDissolutionAndFinalDistribution
0.20 pure
CY2012Q4 exr Number Of Joint Ventures Dissolved
NumberOfJointVenturesDissolved
2 item
CY2012Q4 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
7600000 USD
CY2012Q4 exr Real Estate Property Acquisition Notes Receivable From Seller Amount Forgiven
RealEstatePropertyAcquisitionNotesReceivableFromSellerAmountForgiven
8584000 USD
CY2012Q4 exr Gain Recognized From Dissolution Of Joint Venture And Final Distrbution
GainRecognizedFromDissolutionOfJointVentureAndFinalDistrbution
1409000 USD
CY2012Q1 exr Gain Recognized From Dissolution Of Joint Venture And Final Distrbution
GainRecognizedFromDissolutionOfJointVentureAndFinalDistrbution
5550000 USD
CY2012 exr Number Of Acquired Property Included In Pro Forma Financial Information Out Of Total Properties
NumberOfAcquiredPropertyIncludedInProFormaFinancialInformationOutOfTotalProperties
77 item
CY2012 exr Number Of Acquired Property Excluded From Pro Forma Financial Information
NumberOfAcquiredPropertyExcludedFromProFormaFinancialInformation
14 item
CY2012Q4 us-gaap Business Acquisition Cost Of Acquired Entity Liabilities Incurred
BusinessAcquisitionCostOfAcquiredEntityLiabilitiesIncurred
8584000 USD
CY2012Q4 us-gaap Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals
OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentals
3826000 USD

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