2013 Q4 Form 10-Q Financial Statement
#000110465913080396 Filed on November 04, 2013
Income Statement
Concept | 2013 Q4 | 2013 Q3 | 2012 Q3 |
---|---|---|---|
Revenue | $141.9M | $133.1M | $109.8M |
YoY Change | 24.87% | 21.24% | 30.55% |
Cost Of Revenue | $39.80M | $34.38M | $30.12M |
YoY Change | 15.36% | 14.15% | 24.08% |
Gross Profit | $102.2M | $98.74M | $79.68M |
YoY Change | 29.2% | 23.92% | 33.18% |
Gross Profit Margin | 72.01% | 74.17% | 72.57% |
Selling, General & Admin | $13.80M | $13.90M | $12.60M |
YoY Change | 8.66% | 10.32% | 2.44% |
% of Gross Profit | 13.5% | 14.08% | 15.81% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $26.00M | $23.43M | $19.77M |
YoY Change | 20.37% | 18.51% | 37.62% |
% of Gross Profit | 25.44% | 23.73% | 24.81% |
Operating Expenses | $39.70M | $37.40M | $32.30M |
YoY Change | 15.74% | 15.79% | 20.97% |
Operating Profit | $57.32M | $56.06M | $43.48M |
YoY Change | 32.94% | 28.93% | 39.3% |
Interest Expense | $27.50M | $16.26M | $18.42M |
YoY Change | -987.1% | -11.72% | 9.95% |
% of Operating Profit | 47.98% | 29.01% | 42.37% |
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | $85.00M | $31.23M | $26.74M |
YoY Change | 112.5% | 16.81% | 73.41% |
Income Tax | $2.800M | $2.281M | $1.656M |
% Of Pretax Income | 3.29% | 7.3% | 6.19% |
Net Earnings | $76.94M | $29.25M | $38.61M |
YoY Change | 113.27% | -24.25% | 122.49% |
Net Earnings / Revenue | 54.21% | 21.97% | 35.16% |
Basic Earnings Per Share | $0.68 | $0.26 | $0.37 |
Diluted Earnings Per Share | $0.67 | $0.26 | $0.37 |
COMMON SHARES | |||
Basic Shares Outstanding | 111.3M shares | 110.8M shares | 104.3M shares |
Diluted Shares Outstanding | 115.5M shares | 108.8M shares |
Balance Sheet
Concept | 2013 Q4 | 2013 Q3 | 2012 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $126.7M | $81.70M | $43.60M |
YoY Change | 311.36% | 87.39% | 28.61% |
Cash & Equivalents | $126.7M | $81.70M | $43.61M |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | $7.500M | $7.900M | $10.90M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $134.2M | $89.60M | $54.50M |
YoY Change | 220.29% | 64.4% | -42.69% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $3.637B | $3.224B | $2.742B |
YoY Change | 21.55% | 17.57% | 33.09% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $88.10M | $100.5M | $121.3M |
YoY Change | -17.12% | -17.15% | -9.61% |
Other Assets | $21.50M | $22.80M | $23.40M |
YoY Change | 26.47% | -2.56% | -23.03% |
Total Long-Term Assets | $3.843B | $3.429B | $2.958B |
YoY Change | 20.79% | 15.89% | 29.81% |
TOTAL ASSETS | |||
Total Short-Term Assets | $134.2M | $89.60M | $54.50M |
Total Long-Term Assets | $3.843B | $3.429B | $2.958B |
Total Assets | $3.977B | $3.518B | $3.013B |
YoY Change | 23.38% | 16.77% | 26.9% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $60.60M | $58.20M | $49.60M |
YoY Change | 15.87% | 17.34% | 24.31% |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $60.60M | $58.20M | $49.60M |
YoY Change | 15.87% | 17.34% | 24.31% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $1.958B | $1.774B | $1.590B |
YoY Change | 24.13% | 11.59% | 28.01% |
Other Long-Term Liabilities | $26.50M | $16.80M | $43.00M |
YoY Change | -45.02% | -60.93% | 43.33% |
Total Long-Term Liabilities | $1.985B | $1.791B | $1.633B |
YoY Change | 22.08% | 9.68% | 28.37% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $60.60M | $58.20M | $49.60M |
Total Long-Term Liabilities | $1.985B | $1.791B | $1.633B |
Total Liabilities | $2.045B | $1.849B | $1.683B |
YoY Change | 21.88% | 9.9% | 23.12% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$226.0M | -$256.6M | -$243.5M |
YoY Change | -3.86% | 5.38% | |
Common Stock | $1.974B | $1.768B | $1.533B |
YoY Change | 13.39% | 15.32% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $1.758B | $1.514B | $1.275B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $3.977B | $3.518B | $3.013B |
YoY Change | 23.38% | 16.77% | 26.9% |
Cashflow Statement
Concept | 2013 Q4 | 2013 Q3 | 2012 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $76.94M | $29.25M | $38.61M |
YoY Change | 113.27% | -24.25% | 122.49% |
Depreciation, Depletion And Amortization | $26.00M | $23.43M | $19.77M |
YoY Change | 20.37% | 18.51% | 37.62% |
Cash From Operating Activities | $72.70M | $72.00M | $60.40M |
YoY Change | 15.58% | 19.21% | 70.14% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$273.7M | -$25.70M | -$322.7M |
YoY Change | 14.76% | -92.04% | 1005.14% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $7.100M | -$7.500M | $13.50M |
YoY Change | 7.58% | -155.56% | -130.41% |
Cash From Investing Activities | -$266.7M | -$33.20M | -$309.2M |
YoY Change | 15.06% | -89.26% | 320.11% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $206.0M | ||
YoY Change | 1.52% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 239.1M | -164.1M | 106.9M |
YoY Change | 53.07% | -253.51% | 190.49% |
NET CHANGE | |||
Cash From Operating Activities | 72.70M | 72.00M | 60.40M |
Cash From Investing Activities | -266.7M | -33.20M | -309.2M |
Cash From Financing Activities | 239.1M | -164.1M | 106.9M |
Net Change In Cash | 45.10M | -125.3M | -141.9M |
YoY Change | -455.12% | -11.7% | 10815.38% |
FREE CASH FLOW | |||
Cash From Operating Activities | $72.70M | $72.00M | $60.40M |
Capital Expenditures | -$273.7M | -$25.70M | -$322.7M |
Free Cash Flow | $346.4M | $97.70M | $383.1M |
YoY Change | 14.93% | -74.5% | 492.12% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-8210000 | USD | |
CY2012Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-2938000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-7563000 | USD | |
CY2013Q3 | exr |
Income Loss Attributable To Noncontrolling Interest Fixed Component
IncomeLossAttributableToNoncontrollingInterestFixedComponent
|
1438000 | USD |
exr |
Income Loss Attributable To Noncontrolling Interest Fixed Component
IncomeLossAttributableToNoncontrollingInterestFixedComponent
|
4313000 | USD | |
CY2012Q3 | exr |
Income Loss Attributable To Noncontrolling Interest Fixed Component
IncomeLossAttributableToNoncontrollingInterestFixedComponent
|
1438000 | USD |
exr |
Income Loss Attributable To Noncontrolling Interest Fixed Component
IncomeLossAttributableToNoncontrollingInterestFixedComponent
|
4313000 | USD | |
CY2013Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
30899000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
99033000 | USD | |
CY2012Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
40106000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
84483000 | USD | |
CY2013Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
111231452 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
111060997 | shares | |
CY2012Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
104252227 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
100429840 | shares | |
CY2013Q3 | exr |
Incremental Common Shares Attributable To Conversion Of Operating Partnership Units
IncrementalCommonSharesAttributableToConversionOfOperatingPartnershipUnits
|
4346618 | shares |
exr |
Incremental Common Shares Attributable To Conversion Of Operating Partnership Units
IncrementalCommonSharesAttributableToConversionOfOperatingPartnershipUnits
|
4346618 | shares | |
CY2012Q3 | exr |
Incremental Common Shares Attributable To Conversion Of Operating Partnership Units
IncrementalCommonSharesAttributableToConversionOfOperatingPartnershipUnits
|
3060467 | shares |
exr |
Incremental Common Shares Attributable To Conversion Of Operating Partnership Units
IncrementalCommonSharesAttributableToConversionOfOperatingPartnershipUnits
|
3060467 | shares | |
CY2013Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
117604515 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
117483010 | shares | |
CY2012Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
110737205 | shares |
CY2012Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.37 | |
CY2013Q3 | exr |
Real Estate Property Acquisition Purchase Price Allocation Land
RealEstatePropertyAcquisitionPurchasePriceAllocationLand
|
117694000 | USD |
CY2013Q3 | exr |
Real Estate Property Acquisition Purchase Price Allocation Building
RealEstatePropertyAcquisitionPurchasePriceAllocationBuilding
|
154595000 | USD |
CY2013Q3 | us-gaap |
Business Acquisition Purchase Price Allocation Amortizable Intangible Assets
BusinessAcquisitionPurchasePriceAllocationAmortizableIntangibleAssets
|
4344000 | USD |
exr |
Real Estate Property Acquisition Closing Costs Expensed
RealEstatePropertyAcquisitionClosingCostsExpensed
|
1791000 | USD | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.81 | ||
CY2013Q3 | exr |
Variable Interest Entity Interest In Joint Ventures Number
VariableInterestEntityInterestInJointVenturesNumber
|
1 | interest |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.86 | ||
CY2012Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
108755316 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
104981176 | shares | |
CY2013Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.26 | |
CY2013Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.26 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.84 | ||
CY2012Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.37 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.80 | ||
CY2013Q3 | us-gaap |
Business Acquisition Cost Of Acquired Entity Purchase Price
BusinessAcquisitionCostOfAcquiredEntityPurchasePrice
|
278424000 | USD |
CY2013Q3 | us-gaap |
Business Acquisition Cost Of Acquired Entity Cash Paid
BusinessAcquisitionCostOfAcquiredEntityCashPaid
|
160885000 | USD |
exr |
Gain Loss On Purchase Of Joint Venture Partners Interest
GainLossOnPurchaseOfJointVenturePartnersInterest
|
2556000 | USD | |
CY2013Q3 | exr |
Real Estate Property Acquisition Notes Receivable Eliminated Due To Acquisition Of Joint Venture Partner Interest
RealEstatePropertyAcquisitionNotesReceivableEliminatedDueToAcquisitionOfJointVenturePartnerInterest
|
2251000 | USD |
exr |
Real Estate Property Acquisition Previous Equity Interest
RealEstatePropertyAcquisitionPreviousEquityInterest
|
3446000 | USD | |
CY2013Q3 | exr |
Real Estate Property Acquisition Assets Acquired Liabilities Assumed Net
RealEstatePropertyAcquisitionAssetsAcquiredLiabilitiesAssumedNet
|
-125000 | USD |
CY2013Q3 | exr |
Variable Interest Entity Interest In Trust Number
VariableInterestEntityInterestInTrustNumber
|
3 | item |
CY2013Q3 | exr |
Variable Interest Entity Number Of Entities Consolidated
VariableInterestEntityNumberOfEntitiesConsolidated
|
0 | item |
CY2012Q3 | exr |
Variable Interest Entity Number Of Entities Consolidated
VariableInterestEntityNumberOfEntitiesConsolidated
|
0 | item |
CY2013Q3 | us-gaap |
Derivative Number Of Instruments Held
DerivativeNumberOfInstrumentsHeld
|
21 | item |
CY2013Q3 | us-gaap |
Derivative Lower Fixed Interest Rate Range
DerivativeLowerFixedInterestRateRange
|
0.0279 | pure |
CY2013Q3 | us-gaap |
Derivative Higher Fixed Interest Rate Range
DerivativeHigherFixedInterestRateRange
|
0.0632 | pure |
CY2013Q3 | exr |
Interest Rate Cash Flow Hedge Increase Decrease In Interest Expenses Due To Interest Payments
InterestRateCashFlowHedgeIncreaseDecreaseInInterestExpensesDueToInterestPayments
|
2307000 | USD |
CY2012Q3 | exr |
Interest Rate Cash Flow Hedge Increase Decrease In Interest Expenses Due To Interest Payments
InterestRateCashFlowHedgeIncreaseDecreaseInInterestExpensesDueToInterestPayments
|
1876000 | USD |
exr |
Interest Rate Cash Flow Hedge Increase Decrease In Interest Expenses Due To Interest Payments
InterestRateCashFlowHedgeIncreaseDecreaseInInterestExpensesDueToInterestPayments
|
6589000 | USD | |
exr |
Interest Rate Cash Flow Hedge Increase Decrease In Interest Expenses Due To Interest Payments
InterestRateCashFlowHedgeIncreaseDecreaseInInterestExpensesDueToInterestPayments
|
4429000 | USD | |
us-gaap |
Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
|
10837000 | USD | |
us-gaap |
Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
|
-6589000 | USD | |
CY2013Q3 | us-gaap |
Credit Risk Derivative Liabilities At Fair Value
CreditRiskDerivativeLiabilitiesAtFairValue
|
5162000 | USD |
exr |
Average Closing Market Price Measurement Period
AverageClosingMarketPriceMeasurementPeriod
|
P10D | ||
exr |
Basis Of Exchange Operating Partnership Units For Common Stock
BasisOfExchangeOperatingPartnershipUnitsForCommonStock
|
one-for-one basis | ||
CY2013Q3 | exr |
Common Stock Average Closing Market Price
CommonStockAverageClosingMarketPrice
|
46.02 | |
CY2013Q3 | exr |
Operating Partnership Units Redemption Amount
OperatingPartnershipUnitsRedemptionAmount
|
200031000 | USD |
CY2013Q1 | exr |
Number Of Joint Venture Partners In Consolidated Self Storage Property Ownership Interest Acquired
NumberOfJointVenturePartnersInConsolidatedSelfStoragePropertyOwnershipInterestAcquired
|
1 | property |
CY2013Q1 | exr |
Number Of Consolidated Self Storage Properties Interest Acquired
NumberOfConsolidatedSelfStoragePropertiesInterestAcquired
|
1 | property |
CY2013Q1 | exr |
Increase In Minority Interest Ownership Percentage By Parent In Joint Venture Partner In Consolidated Self Storage Property
IncreaseInMinorityInterestOwnershipPercentageByParentInJointVenturePartnerInConsolidatedSelfStorageProperty
|
0.017 | pure |
CY2013Q1 | exr |
Increase In Profit Interest Percentage By Parent In Joint Venture Partner In Consolidated Self Storage Property
IncreaseInProfitInterestPercentageByParentInJointVenturePartnerInConsolidatedSelfStorageProperty
|
0.17 | pure |
CY2013Q1 | exr |
Payments To Acquire Interest In Joint Venture Partner In Consolidated Self Storage Property
PaymentsToAcquireInterestInJointVenturePartnerInConsolidatedSelfStorageProperty
|
200000 | USD |
CY2013Q1 | exr |
Minority Interest Ownership Percentage By Parent In Joint Venture Partner In Consolidated Self Storage Property Prior To Acquisition
MinorityInterestOwnershipPercentageByParentInJointVenturePartnerInConsolidatedSelfStoragePropertyPriorToAcquisition
|
0.95 | pure |
CY2013Q1 | exr |
Minority Interest Ownership Percentage By Parent In Joint Venture Partner In Consolidated Self Storage Property
MinorityInterestOwnershipPercentageByParentInJointVenturePartnerInConsolidatedSelfStorageProperty
|
0.967 | pure |
CY2012Q4 | us-gaap |
Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
|
106313000 | USD |
CY2012Q4 | us-gaap |
Assets
Assets
|
3223477000 | USD |
CY2013Q3 | us-gaap |
Assets
Assets
|
3518239000 | USD |
CY2013Q3 | us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
133111000 | USD |
CY2012Q3 | us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
109791000 | USD |
us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
295729000 | USD | |
exr |
Gain Loss On Sale Of Real Estate Assets And Purchase Of Partners Interests
GainLossOnSaleOfRealEstateAssetsAndPurchaseOfPartnersInterests
|
19049000 | USD | |
CY2013Q3 | exr |
Interest Income On Note Receivable From Preferred Partnership Unit Holders
InterestIncomeOnNoteReceivableFromPreferredPartnershipUnitHolders
|
1213000 | USD |
CY2013Q3 | us-gaap |
Number Of Real Estate Properties
NumberOfRealEstateProperties
|
754 | property |
CY2013Q3 | exr |
Number Of Real Estate Properties Franchisees And Others
NumberOfRealEstatePropertiesFranchiseesAndOthers
|
253 | property |
CY2013Q3 | us-gaap |
Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
|
35 | state |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
3 | segment | |
us-gaap |
Interest Expense
InterestExpense
|
51992000 | USD | |
exr |
Number Of Tenant Accounts That Accounts For More Than Specified Percentage Of Rental Income
NumberOfTenantAccountsThatAccountsForMoreThanSpecifiedPercentageOfRentalIncome
|
0 | item | |
exr |
Maximum Percentage Of Rental Income Accounted For By Single Tenant
MaximumPercentageOfRentalIncomeAccountedForBySingleTenant
|
0.05 | pure | |
CY2013Q3 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
0 | shares |
us-gaap |
Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
|
0 | shares | |
CY2013Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
51036 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
43273 | shares | |
CY2012Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
15223 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
54959 | shares | |
CY2013Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
29245000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
95136000 | USD | |
CY2012Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
38606000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
81233000 | USD | |
CY2013Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-3092000 | USD |
CY2013Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
77047000 | USD |
CY2012Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
66307000 | USD |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
181600000 | USD | |
CY2013Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
56064000 | USD |
CY2012Q3 | exr |
Gain Loss On Sale Of Real Estate Assets And Purchase Of Partners Interests
GainLossOnSaleOfRealEstateAssetsAndPurchaseOfPartnersInterests
|
13620000 | USD |
CY2012Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
43484000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
114129000 | USD | |
CY2012Q3 | us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
18423000 | USD |
us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
52348000 | USD | |
CY2011Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
26484000 | USD |
CY2012Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
43608000 | USD |
us-gaap |
Interest Paid Net
InterestPaidNet
|
46360000 | USD | |
CY2013Q3 | us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
16264000 | USD |
CY2013Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
202000 | USD |
CY2012Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
461000 | USD |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1184000 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
4240000 | USD | |
exr |
Interest Income On Note Receivable From Preferred Partnership Unit Holders
InterestIncomeOnNoteReceivableFromPreferredPartnershipUnitHolders
|
3638000 | USD | |
CY2013Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
3405000 | USD |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
69238000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
52918000 | USD | |
us-gaap |
Payments To Acquire And Develop Real Estate
PaymentsToAcquireAndDevelopRealEstate
|
86890000 | USD | |
us-gaap |
Payments To Acquire And Develop Real Estate
PaymentsToAcquireAndDevelopRealEstate
|
368753000 | USD | |
CY2012Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-235064000 | USD |
CY2012Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1491807000 | USD |
CY2012Q4 | us-gaap |
Minority Interest In Operating Partnerships
MinorityInterestInOperatingPartnerships
|
22492000 | USD |
CY2012Q4 | us-gaap |
Other Minority Interests
OtherMinorityInterests
|
1114000 | USD |
CY2012Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1545331000 | USD |
CY2012Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
3223477000 | USD |
CY2012Q3 | exr |
Interest Income On Note Receivable From Preferred Partnership Unit Holders
InterestIncomeOnNoteReceivableFromPreferredPartnershipUnitHolders
|
1213000 | USD |
CY2012Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
2854000 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
7848000 | USD | |
CY2013Q3 | us-gaap |
Profit Loss
ProfitLoss
|
32352000 | USD |
CY2012Q3 | us-gaap |
Profit Loss
ProfitLoss
|
41553000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
103384000 | USD | |
us-gaap |
Profit Loss
ProfitLoss
|
88816000 | USD | |
CY2013Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
23428000 | USD |
CY2012Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
19768000 | USD |
CY2013Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
1112000 | USD |
CY2013Q3 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
1766691000 | USD |
CY2013Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
3146000 | USD |
CY2013Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-256640000 | USD |
CY2013Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1514309000 | USD |
CY2013Q3 | us-gaap |
Minority Interest In Operating Partnerships
MinorityInterestInOperatingPartnerships
|
90504000 | USD |
CY2013Q3 | us-gaap |
Other Minority Interests
OtherMinorityInterests
|
474000 | USD |
CY2013Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1635167000 | USD |
CY2013Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
3518239000 | USD |
CY2013Q3 | us-gaap |
Liabilities
Liabilities
|
1849359000 | USD |
CY2013Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2013Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | shares |
CY2013Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2013Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2013Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2013Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
300000000 | shares |
CY2013Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
111236044 | shares |
CY2013Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
111236044 | shares |
CY2013Q3 | us-gaap |
Due From Related Parties Noncurrent
DueFromRelatedPartiesNoncurrent
|
100000000 | USD |
CY2012Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2012Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | shares |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in;"><b><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold;" size="2">1.</font></b><b><font style="FONT-SIZE: 3pt; FONT-WEIGHT: bold;" size="1">             </font></b> <b><font style="FONT-SIZE: 10pt; FONT-WEIGHT: bold;" size="2">ORGANIZATION</font></b></p> <p style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in;"> </p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">Extra Space Storage Inc. (the “Company”) is a fully-integrated, self-administered and self-managed real estate investment trust (“REIT”), formed as a Maryland corporation on April 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 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 LP (the “Operating Partnership”), which was formed on May 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.  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="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">The Company invests in self-storage facilities by acquiring wholly-owned facilities or by acquiring an equity interest in real estate entities.  At September 30, 2013, the Company had direct and indirect equity interests in 754 operating storage facilities.  In addition, the Company managed 253 properties for third parties, bringing the total number of operating properties which it owns and/or manages to 1,007.  These properties are located in 35 states, Washington, D.C. and Puerto Rico.</font></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">The Company operates in three distinct segments: (1) rental operations; (2) tenant reinsurance; and (3) property management, acquisition and development. The rental operations activities include rental operations of self-storage facilities in which we have an ownership interest. 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. The Company’s property management, acquisition and development activities include managing, acquiring, developing and selling self-storage facilities.</font></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in;"> </p> </div> | ||
CY2012Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
2991722000 | USD |
CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
30785000 | USD |
CY2012Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
16976000 | USD |
CY2012Q4 | us-gaap |
Due From Related Parties
DueFromRelatedParties
|
11078000 | USD |
CY2012Q4 | us-gaap |
Other Assets
OtherAssets
|
66603000 | USD |
CY2012Q4 | us-gaap |
Secured Debt
SecuredDebt
|
1369690000 | USD |
CY2012Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
|
-3319000 | USD |
CY2012Q4 | us-gaap |
Other Notes Payable
OtherNotesPayable
|
119590000 | USD |
CY2012Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
85000000 | USD |
CY2012Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
52299000 | USD |
CY2012Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
48248000 | USD |
CY2012Q4 | us-gaap |
Liabilities
Liabilities
|
1678146000 | USD |
CY2012Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
1107000 | USD |
CY2012Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
1740037000 | USD |
CY2012Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-14273000 | USD |
CY2012Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2012Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2012Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2012Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
300000000 | shares |
CY2012Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
110737205 | shares |
CY2012Q4 | us-gaap |
Due From Related Parties Noncurrent
DueFromRelatedPartiesNoncurrent
|
100000000 | USD |
CY2013Q3 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.40 | |
CY2012Q3 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.20 | |
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
1.05 | ||
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.60 | ||
CY2013Q3 | us-gaap |
Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
|
113881000 | USD |
CY2012Q3 | us-gaap |
Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
|
94065000 | USD |
CY2013Q3 | us-gaap |
Reinsurance Premiums For Insurance Companies By Product Segment Gross Amount
ReinsurancePremiumsForInsuranceCompaniesByProductSegmentGrossAmount
|
12294000 | USD |
CY2012Q3 | us-gaap |
Reinsurance Premiums For Insurance Companies By Product Segment Gross Amount
ReinsurancePremiumsForInsuranceCompaniesByProductSegmentGrossAmount
|
9495000 | USD |
CY2013Q3 | us-gaap |
Management Fees Revenue
ManagementFeesRevenue
|
6936000 | USD |
CY2012Q3 | us-gaap |
Management Fees Revenue
ManagementFeesRevenue
|
6231000 | USD |
us-gaap |
Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
|
249193000 | USD | |
us-gaap |
Reinsurance Premiums For Insurance Companies By Product Segment Gross Amount
ReinsurancePremiumsForInsuranceCompaniesByProductSegmentGrossAmount
|
27060000 | USD | |
us-gaap |
Management Fees Revenue
ManagementFeesRevenue
|
19476000 | USD | |
us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
378679000 | USD | |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
222511000 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
156168000 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
99033000 | USD | |
CY2013Q3 | us-gaap |
Minority Interest In Net Income Loss Preferred Unit Holders
MinorityInterestInNetIncomeLossPreferredUnitHolders
|
2033000 | USD |
CY2013Q3 | exr |
Minority Interest In Net Income Loss Operating Partnerships And Other
MinorityInterestInNetIncomeLossOperatingPartnershipsAndOther
|
1074000 | USD |
CY2012Q3 | exr |
Minority Interest In Net Income Loss Operating Partnerships And Other
MinorityInterestInNetIncomeLossOperatingPartnershipsAndOther
|
1142000 | USD |
CY2012Q3 | us-gaap |
Minority Interest In Net Income Loss Preferred Unit Holders
MinorityInterestInNetIncomeLossPreferredUnitHolders
|
1805000 | USD |
us-gaap |
Minority Interest In Net Income Loss Preferred Unit Holders
MinorityInterestInNetIncomeLossPreferredUnitHolders
|
5108000 | USD | |
exr |
Minority Interest In Net Income Loss Operating Partnerships And Other
MinorityInterestInNetIncomeLossOperatingPartnershipsAndOther
|
2475000 | USD | |
CY2013Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
34376000 | USD |
CY2012Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
30115000 | USD |
CY2013Q3 | exr |
Tenant Reinsurance Expense
TenantReinsuranceExpense
|
2873000 | USD |
CY2012Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
26735000 | USD |
CY2012Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
12559000 | USD |
us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
-7296000 | USD | |
CY2013Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
CY2013Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
31228000 | USD |
CY2012Q3 | exr |
Tenant Reinsurance Expense
TenantReinsuranceExpense
|
1379000 | USD |
CY2013Q3 | exr |
Acquisition Related Costs
AcquisitionRelatedCosts
|
2427000 | USD |
CY2012Q3 | exr |
Acquisition Related Costs
AcquisitionRelatedCosts
|
2486000 | USD |
CY2013Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
13943000 | USD |
CY2012Q3 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
-3564000 | USD |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
82723000 | USD | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
444000 | USD | |
us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
17967000 | USD | |
CY2013Q3 | us-gaap |
Interest Expense
InterestExpense
|
16264000 | USD |
CY2012Q3 | us-gaap |
Interest Expense
InterestExpense
|
18423000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
66159000 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
52348000 | USD | |
CY2013Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2281000 | USD |
exr |
Tenant Reinsurance Expense
TenantReinsuranceExpense
|
4651000 | USD | |
exr |
Acquisition Related Costs
AcquisitionRelatedCosts
|
3564000 | USD | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
37744000 | USD | |
CY2013Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
30279000 | USD |
CY2012Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
37989000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
121351000 | USD | |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
81520000 | USD | |
CY2012Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
2814000 | USD |
CY2013Q3 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
-2073000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
7307000 | USD | |
CY2012Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
35175000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
74213000 | USD | |
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
5876000 | USD | |
us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
1000 | USD | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
3654000 | USD | |
exr |
Noncontrolling Interests Increase From Purchase Of Interests
NoncontrollingInterestsIncreaseFromPurchaseOfInterests
|
-1150000 | USD | |
exr |
Minority Interest Decrease From Cash Redemptions
MinorityInterestDecreaseFromCashRedemptions
|
41000 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
17989000 | USD | |
us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
8901000 | USD | |
exr |
Minority Interest Decrease From Distributions To Other Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToOtherNoncontrollingInterestHolders
|
43000 | USD | |
us-gaap |
Dividends Common Stock
DividendsCommonStock
|
116712000 | USD | |
CY2012Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2013Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2012Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
us-gaap |
Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
|
1620000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-100303000 | USD | |
us-gaap |
Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
|
7875000 | USD | |
us-gaap |
Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
|
2349000 | USD | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
4198000 | USD | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
5016000 | USD | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
-983000 | USD | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
-951000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3654000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3318000 | USD | |
us-gaap |
Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
|
-3538000 | USD | |
us-gaap |
Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
|
-1642000 | USD | |
us-gaap |
Increase Decrease In Due From Related Parties Current
IncreaseDecreaseInDueFromRelatedPartiesCurrent
|
-891000 | USD | |
us-gaap |
Increase Decrease In Due From Related Parties Current
IncreaseDecreaseInDueFromRelatedPartiesCurrent
|
-7587000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
1303000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-4866000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
5949000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
4530000 | USD | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
2474000 | USD | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-1726000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
198584000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
152961000 | USD | |
us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
1126000 | USD | |
us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
1053000 | USD | |
exr |
Return Of Investment Real Estate Ventures
ReturnOfInvestmentRealEstateVentures
|
1848000 | USD | |
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
5827000 | USD | |
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-2384000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-375069000 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
226692000 | USD | |
us-gaap |
Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
|
87663000 | USD | |
exr |
Proceeds From Notes Payable And Lines Of Credit
ProceedsFromNotesPayableAndLinesOfCredit
|
364855000 | USD | |
exr |
Proceeds From Notes Payable And Lines Of Credit
ProceedsFromNotesPayableAndLinesOfCredit
|
640655000 | USD | |
exr |
Noncash Or Part Noncash Acquisition Notes Payable Assumed And Immediately Defeased
NoncashOrPartNoncashAcquisitionNotesPayableAssumedAndImmediatelyDefeased
|
98960000 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
6135000 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
8427000 | USD | |
us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
41000 | USD | |
us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
155000 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
5876000 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
8931000 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
116712000 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
60693000 | USD | |
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
9112000 | USD | |
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
6759000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-47367000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
239232000 | USD | |
us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
50914000 | USD | |
us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
17124000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
47816000 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
1626000 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
473000 | USD | |
us-gaap |
Proceeds And Excess Tax Benefit From Sharebased Compensation
ProceedsAndExcessTaxBenefitFromSharebasedCompensation
|
3099000 | USD | |
us-gaap |
Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
|
3099000 | USD | |
exr |
Noncash Or Part Noncash Acquisition Net Real Estate Assets Acquired
NoncashOrPartNoncashAcquisitionNetRealEstateAssetsAcquired
|
210372000 | USD | |
exr |
Noncash Or Part Noncash Acquisition Net Real Estate Assets Acquired
NoncashOrPartNoncashAcquisitionNetRealEstateAssetsAcquired
|
148021000 | USD | |
CY2013Q3 | us-gaap |
Business Acquisition Cost Of Acquired Entity Equity Interests Issued And Issuable
BusinessAcquisitionCostOfAcquiredEntityEquityInterestsIssuedAndIssuable
|
102039000 | USD |
us-gaap |
Noncash Or Part Noncash Acquisition Accounts Receivable Acquired1
NoncashOrPartNoncashAcquisitionAccountsReceivableAcquired1
|
-2251000 | USD | |
us-gaap |
Noncash Or Part Noncash Divestiture Amount Of Consideration Received1
NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1
|
3349000 | USD | |
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
Extra Space Storage Inc. | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001289490 | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2013-09-30 | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2013 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
CY2013Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
111253494 | shares |
us-gaap |
Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
|
246250000 | USD | |
exr |
Number Of Real Estate Properties Acquired
NumberOfRealEstatePropertiesAcquired
|
28 | property | |
CY2013Q3 | exr |
Fair Value Assets Liabilities Transfer Between Level1 And Level2 Of Fair Value Hierarchy Amount
FairValueAssetsLiabilitiesTransferBetweenLevel1AndLevel2OfFairValueHierarchyAmount
|
0 | USD |
us-gaap |
Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
|
7122000 | USD | |
us-gaap |
Business Acquisition Equity Interests Issued Or Issuable Number Of Shares Issued
BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued
|
2934695 | shares | |
CY2013Q2 | exr |
Increase In Minority Interest Ownership Percentage By Parent In Joint Venture Partner In Consolidated Self Storage Property
IncreaseInMinorityInterestOwnershipPercentageByParentInJointVenturePartnerInConsolidatedSelfStorageProperty
|
0.2765 | pure |
CY2013Q2 | exr |
Increase In Profit Interest Percentage By Parent In Joint Venture Partner In Consolidated Self Storage Property
IncreaseInProfitInterestPercentageByParentInJointVenturePartnerInConsolidatedSelfStorageProperty
|
0.35 | pure |
CY2013Q2 | exr |
Payments To Acquire Interest In Joint Venture Partner In Consolidated Self Storage Property
PaymentsToAcquireInterestInJointVenturePartnerInConsolidatedSelfStorageProperty
|
950000 | USD |
us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
51992000 | USD | |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
519000 | USD | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
947000 | USD | |
CY2013Q3 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
834000 | USD |
us-gaap |
Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
|
3147000 | USD | |
us-gaap |
Proceeds And Excess Tax Benefit From Sharebased Compensation
ProceedsAndExcessTaxBenefitFromSharebasedCompensation
|
3147000 | USD | |
us-gaap |
Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
|
3147000 | USD | |
CY2012Q3 | us-gaap |
Business Acquisition Cost Of Acquired Entity Equity Interests Issued And Issuable
BusinessAcquisitionCostOfAcquiredEntityEquityInterestsIssuedAndIssuable
|
429000 | USD |
CY2013Q3 | us-gaap |
Convertible Debt
ConvertibleDebt
|
250000000 | USD |
CY2013Q3 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
17299000 | USD |
us-gaap |
Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
|
800000 | USD | |
us-gaap |
Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
|
889000 | USD | |
CY2013Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
302734 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
351684 | shares | |
CY2012Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
452642 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
500889 | shares | |
CY2012Q4 | us-gaap |
Interest Rate Cash Flow Hedge Liability At Fair Value
InterestRateCashFlowHedgeLiabilityAtFairValue
|
15228000 | USD |
CY2013Q3 | us-gaap |
Interest Rate Cash Flow Hedge Liability At Fair Value
InterestRateCashFlowHedgeLiabilityAtFairValue
|
4953000 | USD |
CY2013Q3 | us-gaap |
Interest Rate Cash Flow Hedge Asset At Fair Value
InterestRateCashFlowHedgeAssetAtFairValue
|
7530000 | USD |
CY2013Q2 | us-gaap |
Gain Loss On Condemnation
GainLossOnCondemnation
|
800000 | USD |
CY2013Q2 | us-gaap |
Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
|
950000 | USD |
CY2013Q2 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
0 | USD |
CY2013Q2 | exr |
Number Of Self Storage Properties Which Portion Of Land Condemned
NumberOfSelfStoragePropertiesWhichPortionOfLandCondemned
|
1 | property |
us-gaap |
Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt
|
14496000 | USD | |
exr |
Partner Capital Account Units Issued
PartnerCapitalAccountUnitsIssued
|
68471000 | USD | |
exr |
Gain Loss On Purchase Of Joint Venture Partners Interest
GainLossOnPurchaseOfJointVenturePartnersInterest
|
13499000 | USD | |
us-gaap |
Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
|
147592000 | USD | |
CY2013Q3 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
3223672000 | USD |
CY2013Q3 | exr |
Number Of Real Estate Properties Owned And Or Managed
NumberOfRealEstatePropertiesOwnedAndOrManaged
|
1007 | property |
CY2013Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
81699000 | USD |
CY2013Q2 | exr |
Number Of Joint Venture Partners In Consolidated Self Storage Property Ownership Interest Acquired
NumberOfJointVenturePartnersInConsolidatedSelfStoragePropertyOwnershipInterestAcquired
|
1 | property |
CY2013Q3 | us-gaap |
Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
|
100455000 | USD |
exr |
Minority Interest In Net Income Loss Operating Partnerships And Other
MinorityInterestInNetIncomeLossOperatingPartnershipsAndOther
|
2753000 | USD | |
CY2013Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-9153000 | USD |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-9153000 | USD | |
CY2013Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
2996000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
8796000 | USD | |
CY2013Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
27283000 | USD |
CY2013Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
22803000 | USD |
CY2013Q3 | us-gaap |
Due From Related Parties
DueFromRelatedParties
|
7928000 | USD |
CY2013Q3 | us-gaap |
Other Assets
OtherAssets
|
81682000 | USD |
CY2013Q3 | us-gaap |
Secured Debt
SecuredDebt
|
1402432000 | USD |
CY2013Q3 | us-gaap |
Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
|
-2336000 | USD |
CY2013Q3 | us-gaap |
Other Notes Payable
OtherNotesPayable
|
119590000 | USD |
CY2013Q3 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
58248000 | USD |
CY2013Q3 | us-gaap |
Other Liabilities
OtherLiabilities
|
34052000 | USD |
us-gaap |
Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
|
324144000 | USD | |
us-gaap |
Reinsurance Premiums For Insurance Companies By Product Segment Gross Amount
ReinsurancePremiumsForInsuranceCompaniesByProductSegmentGrossAmount
|
34625000 | USD | |
us-gaap |
Management Fees Revenue
ManagementFeesRevenue
|
19910000 | USD | |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
102275000 | USD | |
exr |
Tenant Reinsurance Expense
TenantReinsuranceExpense
|
6985000 | USD | |
exr |
Acquisition Related Costs
AcquisitionRelatedCosts
|
3562000 | USD | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
40451000 | USD | |
exr |
Interest Income On Note Receivable From Preferred Partnership Unit Holders
InterestIncomeOnNoteReceivableFromPreferredPartnershipUnitHolders
|
3638000 | USD | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
8942000 | USD | |
exr |
Gain Loss On Sale Of Real Estate Assets And Purchase Of Partners Interests
GainLossOnSaleOfRealEstateAssetsAndPurchaseOfPartnersInterests
|
2556000 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
7147000 | USD | |
us-gaap |
Minority Interest In Net Income Loss Preferred Unit Holders
MinorityInterestInNetIncomeLossPreferredUnitHolders
|
5495000 | USD | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
112555000 | USD | |
us-gaap |
Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
|
5000000 | USD | |
exr |
Noncash Or Part Noncash Investment In Real Estate And Real Estate Joint Ventures
NoncashOrPartNoncashInvestmentInRealEstateAndRealEstateJointVentures
|
-3349000 | USD | |
CY2013Q3 | us-gaap |
Share Price
SharePrice
|
45.75 | |
CY2013Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
9153000 | USD |
exr |
Payments Of Notes Payable And Lines Of Credit Including Defeasance
PaymentsOfNotesPayableAndLinesOfCreditIncludingDefeasance
|
532348000 | USD | |
exr |
Payments Of Notes Payable And Lines Of Credit Including Defeasance
PaymentsOfNotesPayableAndLinesOfCreditIncludingDefeasance
|
473349000 | USD |