2020 Q4 Form 10-Q Financial Statement

#000162828020015840 Filed on November 06, 2020

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q3 2019 Q3
Revenue $353.5M $343.0M $337.5M
YoY Change 5.27% 1.64% 9.95%
Cost Of Revenue $94.70M $92.32M $88.65M
YoY Change -0.84% 4.14% 20.37%
Gross Profit $258.8M $250.7M $248.9M
YoY Change 7.7% 0.74% 6.67%
Gross Profit Margin 73.21% 73.09% 73.73%
Selling, General & Admin $24.40M $23.90M $22.50M
YoY Change 16.75% 6.22% 14.21%
% of Gross Profit 9.43% 9.53% 9.04%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $56.70M $56.41M $56.05M
YoY Change 3.47% 0.64% 7.21%
% of Gross Profit 21.91% 22.5% 22.52%
Operating Expenses $81.10M $80.30M $78.60M
YoY Change 7.13% 2.16% 9.17%
Operating Profit $177.7M $163.2M $162.6M
YoY Change 7.93% 0.35% 5.89%
Interest Expense -$25.60M $42.21M $46.91M
YoY Change -38.46% -10.01% 2.14%
% of Operating Profit -14.41% 25.86% 28.84%
Other Income/Expense, Net
YoY Change
Pretax Income $170.1M $122.9M $117.3M
YoY Change 38.29% 4.74% -15.4%
Income Tax $3.800M $4.657M $4.052M
% Of Pretax Income 2.23% 3.79% 3.45%
Net Earnings $156.1M $114.6M $108.1M
YoY Change 39.02% 6.06% -17.12%
Net Earnings / Revenue 44.16% 33.42% 32.03%
Basic Earnings Per Share $0.89 $0.84
Diluted Earnings Per Share $1.192M $0.88 $0.83
COMMON SHARES
Basic Shares Outstanding 129.2M shares 128.9M shares 128.8M shares
Diluted Shares Outstanding 129.9M shares 137.3M shares

Balance Sheet

Concept 2020 Q4 2020 Q3 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $109.1M $74.80M $62.30M
YoY Change 66.06% 20.06% 37.22%
Cash & Equivalents $109.1M $74.80M $62.28M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $109.1M $74.80M $62.30M
YoY Change 66.06% 20.06% 37.22%
LONG-TERM ASSETS
Property, Plant & Equipment $8.146B $8.012B $7.935B
YoY Change 2.32% 0.97% 6.86%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $991.3M $347.8M $175.4M
YoY Change 193.2% 98.29% 53.19%
Other Assets $18.90M $5.800M $4.400M
YoY Change 278.0% 31.82% -79.25%
Total Long-Term Assets $9.287B $8.686B $8.256B
YoY Change 9.69% 5.21% 6.49%
TOTAL ASSETS
Total Short-Term Assets $109.1M $74.80M $62.30M
Total Long-Term Assets $9.287B $8.686B $8.256B
Total Assets $9.396B $8.761B $8.318B
YoY Change 10.12% 5.32% 6.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $130.0M $153.8M $122.7M
YoY Change 16.7% 25.35% -3.0%
Accrued Expenses $263.5M $267.1M $279.0M
YoY Change -4.11% -4.27%
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 $393.5M $420.9M $401.7M
YoY Change 1.89% 4.78% 217.55%
LONG-TERM LIABILITIES
Long-Term Debt $5.746B $5.280B $4.812B
YoY Change 13.87% 9.73% 1.06%
Other Long-Term Liabilities $319.9M $292.1M $196.7M
YoY Change 79.72% 48.5% 39.9%
Total Long-Term Liabilities $6.066B $5.572B $5.009B
YoY Change 16.11% 11.25% 2.17%
TOTAL LIABILITIES
Total Short-Term Liabilities $393.5M $420.9M $401.7M
Total Long-Term Liabilities $6.066B $5.572B $5.009B
Total Liabilities $6.460B $5.993B $5.410B
YoY Change 15.13% 10.77% 7.59%
SHAREHOLDERS EQUITY
Retained Earnings -$354.9M -$392.9M -$296.8M
YoY Change 17.89% 32.4% 16.34%
Common Stock $3.002B $2.891B $2.863B
YoY Change 4.59% 0.98% 10.86%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.548B $2.389B $2.523B
YoY Change
Total Liabilities & Shareholders Equity $9.396B $8.761B $8.318B
YoY Change 10.12% 5.32% 6.66%

Cashflow Statement

Concept 2020 Q4 2020 Q3 2019 Q3
OPERATING ACTIVITIES
Net Income $156.1M $114.6M $108.1M
YoY Change 39.02% 6.06% -17.12%
Depreciation, Depletion And Amortization $56.70M $56.41M $56.05M
YoY Change 3.47% 0.64% 7.21%
Cash From Operating Activities $187.9M $191.2M $181.1M
YoY Change 15.13% 5.58% -4.33%
INVESTING ACTIVITIES
Capital Expenditures -$193.7M -$122.8M -$54.80M
YoY Change 129.23% 124.09% -48.83%
Acquisitions
YoY Change
Other Investing Activities -$397.8M -$129.2M $138.8M
YoY Change 120.02% -193.08% 622.92%
Cash From Investing Activities -$591.6M -$251.9M $84.00M
YoY Change 123.08% -399.88% -195.56%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 451.1M 79.60M -254.1M
YoY Change 325.16% -131.33% 144.56%
NET CHANGE
Cash From Operating Activities 187.9M 191.2M 181.1M
Cash From Investing Activities -591.6M -251.9M 84.00M
Cash From Financing Activities 451.1M 79.60M -254.1M
Net Change In Cash 47.40M 18.90M 11.00M
YoY Change 1056.1% 71.82% -540.0%
FREE CASH FLOW
Cash From Operating Activities $187.9M $191.2M $181.1M
Capital Expenditures -$193.7M -$122.8M -$54.80M
Free Cash Flow $381.6M $314.0M $235.9M
YoY Change 54.06% 33.11% -20.41%

Facts In Submission

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WeightedAverageNumberOfSharesOutstandingBasic
128776549 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
129044954 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
127830272 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
129871096 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
137318475 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
130066121 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
136164299 shares
CY2020Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.90
CY2019Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.90
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
2.70
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
2.66
CY2020Q3 us-gaap Profit Loss
ProfitLoss
123854000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
115995000 USD
us-gaap Profit Loss
ProfitLoss
351273000 USD
us-gaap Profit Loss
ProfitLoss
330844000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
11181000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-16762000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-83791000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-82057000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
135035000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
99233000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
267482000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
248787000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
9854000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
7109000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
21501000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
19191000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
125181000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
92124000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
245981000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
229596000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2785422000 USD
CY2019Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1757000 USD
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2954000 USD
CY2019Q1 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
23447000 USD
CY2019Q1 us-gaap Profit Loss
ProfitLoss
102160000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-23993000 USD
CY2019Q1 us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
8412000 USD
CY2019Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.86
CY2019Q1 us-gaap Dividends Common Stock
DividendsCommonStock
109523000 USD
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2773812000 USD
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2773812000 USD
CY2019Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
468000 USD
CY2019Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
2000 USD
CY2019Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
98796000 USD
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3998000 USD
CY2019Q2 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
4575000 USD
CY2019Q2 exr Noncontrolling Interest Increase From Contribution
NoncontrollingInterestIncreaseFromContribution
50000 USD
CY2019Q2 us-gaap Profit Loss
ProfitLoss
112689000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-41302000 USD
CY2019Q2 us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
8705000 USD
CY2019Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.90
CY2019Q2 us-gaap Dividends Common Stock
DividendsCommonStock
115572000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2828811000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
605000 USD
CY2019Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
100056000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3035000 USD
CY2019Q3 exr Noncontrolling Interest Repayment Of Receivable For Preferred Operating Units Pledged As Collateral On Loan
NoncontrollingInterestRepaymentOfReceivableForPreferredOperatingUnitsPledgedAsCollateralOnLoan
1211000 USD
CY2019Q3 exr Noncontrolling Interest Increase From Contribution
NoncontrollingInterestIncreaseFromContribution
96000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
115995000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-16762000 USD
CY2019Q3 us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
8618000 USD
CY2019Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.90
CY2019Q3 us-gaap Dividends Common Stock
DividendsCommonStock
116440000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2907989000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2921694000 USD
CY2020Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
944000 USD
CY2020Q1 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
2980000 USD
CY2020Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
52204000 USD
CY2020Q1 us-gaap Profit Loss
ProfitLoss
116162000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-89244000 USD
CY2020Q1 us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
8505000 USD
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.90
CY2020Q1 us-gaap Dividends Common Stock
DividendsCommonStock
117197000 USD
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2774630000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
726000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
4884000 USD
CY2020Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
15615000 USD
CY2020Q2 exr Noncontrolling Interest Increase From Contribution
NoncontrollingInterestIncreaseFromContribution
68000 USD
CY2020Q2 us-gaap Profit Loss
ProfitLoss
111256000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-5727000 USD
CY2020Q2 us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
8386000 USD
CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.90
CY2020Q2 us-gaap Dividends Common Stock
DividendsCommonStock
116318000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2745518000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2745518000 USD
CY2020Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1200000 USD
CY2020Q3 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
3452000 USD
CY2020Q3 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
54000 USD
CY2020Q3 exr Noncontrolling Interest Repayment Of Receivable For Preferred Operating Units Pledged As Collateral On Loan
NoncontrollingInterestRepaymentOfReceivableForPreferredOperatingUnitsPledgedAsCollateralOnLoan
8226000 USD
CY2020Q3 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
-1000000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
123854000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
11181000 USD
CY2020Q3 us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
8370000 USD
CY2020Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.90
CY2020Q3 us-gaap Dividends Common Stock
DividendsCommonStock
116185000 USD
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2767822000 USD
us-gaap Profit Loss
ProfitLoss
351273000 USD
us-gaap Profit Loss
ProfitLoss
330844000 USD
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
167705000 USD
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
165116000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
7356000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
8912000 USD
exr Amortization Of Debt Discount Premium Equity Component Of Senior Notes
AmortizationOfDebtDiscountPremiumEquityComponentOfSeniorNotes
3675000 USD
exr Amortization Of Debt Discount Premium Equity Component Of Senior Notes
AmortizationOfDebtDiscountPremiumEquityComponentOfSeniorNotes
3533000 USD
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
799000 USD
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
0 USD
us-gaap Share Based Compensation
ShareBasedCompensation
11316000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
9987000 USD
exr Gains Losses On Real Estate Transactions Net Of Impairment Of Real Estate
GainsLossesOnRealEstateTransactionsNetOfImpairmentOfRealEstate
0 USD
exr Gains Losses On Real Estate Transactions Net Of Impairment Of Real Estate
GainsLossesOnRealEstateTransactionsNetOfImpairmentOfRealEstate
1205000 USD
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-5097000 USD
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-4752000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
17977000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
11153000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
41780000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
29310000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
12243000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
4370000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
583267000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
544466000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
151244000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
287114000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
46112000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
34413000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
234000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
11254000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
13937000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
33661000 USD
exr Return Of Investment Real Estate Ventures
ReturnOfInvestmentRealEstateVentures
371000 USD
exr Return Of Investment Real Estate Ventures
ReturnOfInvestmentRealEstateVentures
3982000 USD
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
149750000 USD
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
162677000 USD
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
0 USD
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
151211000 USD
us-gaap Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
3407000 USD
us-gaap Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
4959000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-363845000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-356377000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
198852000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
1419000000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
1508000000 USD
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
1192750000 USD
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
1503686000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
30928000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
3161000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2008000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2870000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2830000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
67873000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
exr Cash Portion Of Redemption Of Preferred Operating Partnership Units
CashPortionOfRedemptionOfPreferredOperatingPartnershipUnits
1000000 USD
exr Cash Portion Of Redemption Of Preferred Operating Partnership Units
CashPortionOfRedemptionOfPreferredOperatingPartnershipUnits
0 USD
exr Proceeds From Collection Of Notes Receivable For Stock
ProceedsFromCollectionOfNotesReceivableForStock
8226000 USD
exr Proceeds From Collection Of Notes Receivable For Stock
ProceedsFromCollectionOfNotesReceivableForStock
0 USD
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
68000 USD
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
146000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
349700000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
341535000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
25261000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
25735000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-209581000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-194064000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
9841000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-5975000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
70733000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
72690000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
80574000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
66715000 USD
us-gaap Interest Paid Net
InterestPaidNet
119977000 USD
us-gaap Interest Paid Net
InterestPaidNet
136563000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
5181000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
6197000 USD
exr Noncontrolling Interest Decrease From Redemptions Of Operating Partnership Units
NoncontrollingInterestDecreaseFromRedemptionsOfOperatingPartnershipUnits
4005000 USD
exr Noncontrolling Interest Decrease From Redemptions Of Operating Partnership Units
NoncontrollingInterestDecreaseFromRedemptionsOfOperatingPartnershipUnits
9258000 USD
exr Redemption Of Operating Partnership Units Held By Noncontrolling Interest Including Additional Paid In Capital
RedemptionOfOperatingPartnershipUnitsHeldByNoncontrollingInterestIncludingAdditionalPaidInCapital
4005000 USD
exr Redemption Of Operating Partnership Units Held By Noncontrolling Interest Including Additional Paid In Capital
RedemptionOfOperatingPartnershipUnitsHeldByNoncontrollingInterestIncludingAdditionalPaidInCapital
9258000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
6799000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
277430000 USD
exr Establishment Of Operating Lease Liability
EstablishmentOfOperatingLeaseLiability
6799000 USD
exr Establishment Of Operating Lease Liability
EstablishmentOfOperatingLeaseLiability
286787000 USD
exr Establishment Of Operating Lease Right Of Use Assets And Lease Liabilities Increase Decrease In Accounts Payable And Accrued Expenses
EstablishmentOfOperatingLeaseRightOfUseAssetsAndLeaseLiabilitiesIncreaseDecreaseInAccountsPayableAndAccruedExpenses
0 USD
exr Establishment Of Operating Lease Right Of Use Assets And Lease Liabilities Increase Decrease In Accounts Payable And Accrued Expenses
EstablishmentOfOperatingLeaseRightOfUseAssetsAndLeaseLiabilitiesIncreaseDecreaseInAccountsPayableAndAccruedExpenses
9357000 USD
exr Noncash Or Part Noncash Acquisition Net Real Estate Assets Acquired
NoncashOrPartNoncashAcquisitionNetRealEstateAssetsAcquired
-13833000 USD
exr Noncash Or Part Noncash Acquisition Net Real Estate Assets Acquired
NoncashOrPartNoncashAcquisitionNetRealEstateAssetsAcquired
19937000 USD
us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
0 USD
us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
17157000 USD
exr Investments In Real Estate Joint Ventures Net Of Distributions Received
InvestmentsInRealEstateJointVenturesNetOfDistributionsReceived
0 USD
exr Investments In Real Estate Joint Ventures Net Of Distributions Received
InvestmentsInRealEstateJointVenturesNetOfDistributionsReceived
2780000 USD
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
13833000 USD
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
0 USD
exr Real Estate Additions Portion Not Yet Paid
RealEstateAdditionsPortionNotYetPaid
676000 USD
exr Real Estate Additions Portion Not Yet Paid
RealEstateAdditionsPortionNotYetPaid
1292000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
676000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1292000 USD
us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
2724000 USD
us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
0 USD
exr Redemption Of Operating Partnership Units For Common Stock Including Additional Paid In Capital
RedemptionOfOperatingPartnershipUnitsForCommonStockIncludingAdditionalPaidInCapital
2724000 USD
exr Redemption Of Operating Partnership Units For Common Stock Including Additional Paid In Capital
RedemptionOfOperatingPartnershipUnitsForCommonStockIncludingAdditionalPaidInCapital
0 USD
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
8605000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 USD
exr Establishment Of Finance Lease Liability
EstablishmentOfFinanceLeaseLiability
8605000 USD
exr Establishment Of Finance Lease Liability
EstablishmentOfFinanceLeaseLiability
0 USD
exr Conversion Of Preferred Operating Units To Common Units
ConversionOfPreferredOperatingUnitsToCommonUnits
0 USD
exr Conversion Of Preferred Operating Units To Common Units
ConversionOfPreferredOperatingUnitsToCommonUnits
4374000 USD
exr Conversion Of Preferred Operating Units To Common Units
ConversionOfPreferredOperatingUnitsToCommonUnits
0 USD
exr Conversion Of Preferred Operating Units To Common Units
ConversionOfPreferredOperatingUnitsToCommonUnits
4374000 USD
us-gaap Nature Of Operations
NatureOfOperations
ORGANIZATION<div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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 properties ("stores") located throughout the United States. The Company was formed to continue 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 stores 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. </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company invests in stores by acquiring wholly-owned stores or by acquiring an equity interest in real estate entities. At September 30, 2020, the Company had direct and indirect equity interests in 1,188 stores. In addition, the Company managed 718 stores for third parties, bringing the total number of stores which it owns and/or manages to 1,906. These stores are located in 40 states, Washington, D.C. and Puerto Rico. The Company also offers tenant reinsurance at its owned and managed stores that insures the value of goods in the storage units.</span></div>
CY2020Q3 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
1188 store
CY2020Q3 exr Number Of Real Estate Properties Franchisees And Others
NumberOfRealEstatePropertiesFranchiseesAndOthers
718 store
CY2020Q3 exr Number Of Real Estate Properties Owned And Or Managed
NumberOfRealEstatePropertiesOwnedAndOrManaged
1906 store
CY2020Q3 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
40 state
CY2020Q3 exr Number Of Operating Stores Held For Sale
NumberOfOperatingStoresHeldForSale
16 store
CY2020Q3 exr Average Share Price Per Share
AverageSharePricePerShare
103.36
CY2019Q3 exr Average Share Price Per Share
AverageSharePricePerShare
115.63
exr Average Share Price Per Share
AverageSharePricePerShare
100.14
exr Average Share Price Per Share
AverageSharePricePerShare
105.74
CY2020Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8227533 shares
CY2019Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1400920 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8349818 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1470693 shares
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
114633000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
108087000 USD
us-gaap Net Income Loss
NetIncomeLoss
325723000 USD
us-gaap Net Income Loss
NetIncomeLoss
307685000 USD
CY2020Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
177000 USD
CY2019Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
165000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
513000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
508000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
114456000 USD
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
107922000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
325210000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
307177000 USD
CY2020Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
-177000 USD
CY2019Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
-165000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
-513000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
0 USD
CY2020Q3 exr Net Income Loss Attributable To Noncontrolling Interest In Operating Partnership
NetIncomeLossAttributableToNoncontrollingInterestInOperatingPartnership
0 USD
CY2019Q3 exr Net Income Loss Attributable To Noncontrolling Interest In Operating Partnership
NetIncomeLossAttributableToNoncontrollingInterestInOperatingPartnership
6100000 USD
exr Net Income Loss Attributable To Noncontrolling Interest In Operating Partnership
NetIncomeLossAttributableToNoncontrollingInterestInOperatingPartnership
17539000 USD
CY2020Q3 exr Income Loss Attributable To Noncontrolling Interest Fixed Component
IncomeLossAttributableToNoncontrollingInterestFixedComponent
0 USD
exr Net Income Loss Attributable To Noncontrolling Interest In Operating Partnership
NetIncomeLossAttributableToNoncontrollingInterestInOperatingPartnership
0 USD
CY2019Q3 exr Income Loss Attributable To Noncontrolling Interest Fixed Component
IncomeLossAttributableToNoncontrollingInterestFixedComponent
572000 USD
exr Income Loss Attributable To Noncontrolling Interest Fixed Component
IncomeLossAttributableToNoncontrollingInterestFixedComponent
0 USD
exr Income Loss Attributable To Noncontrolling Interest Fixed Component
IncomeLossAttributableToNoncontrollingInterestFixedComponent
1716000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
114633000 USD
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
113615000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
325723000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
323000000 USD
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
128862341 shares
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
128776549 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
129044954 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
127830272 shares
CY2020Q3 exr Incremental Common Shares Attributable To Conversion Of Operating Partnership Units
IncrementalCommonSharesAttributableToConversionOfOperatingPartnershipUnits
0 shares
CY2019Q3 exr Incremental Common Shares Attributable To Conversion Of Operating Partnership Units
IncrementalCommonSharesAttributableToConversionOfOperatingPartnershipUnits
6050028 shares
exr Incremental Common Shares Attributable To Conversion Of Operating Partnership Units
IncrementalCommonSharesAttributableToConversionOfOperatingPartnershipUnits
0 shares
exr Incremental Common Shares Attributable To Conversion Of Operating Partnership Units
IncrementalCommonSharesAttributableToConversionOfOperatingPartnershipUnits
6032656 shares
CY2020Q3 exr Incremental Common Shares Attributable To Exchangeable Preferred Operating Partnership Units
IncrementalCommonSharesAttributableToExchangeablePreferredOperatingPartnershipUnits
0 shares
CY2019Q3 exr Incremental Common Shares Attributable To Exchangeable Preferred Operating Partnership Units
IncrementalCommonSharesAttributableToExchangeablePreferredOperatingPartnershipUnits
875480 shares
exr Incremental Common Shares Attributable To Exchangeable Preferred Operating Partnership Units
IncrementalCommonSharesAttributableToExchangeablePreferredOperatingPartnershipUnits
0 shares
exr Incremental Common Shares Attributable To Exchangeable Preferred Operating Partnership Units
IncrementalCommonSharesAttributableToExchangeablePreferredOperatingPartnershipUnits
875480 shares
CY2020Q3 us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
214909 shares
CY2019Q3 us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
209963 shares
us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
212311 shares
us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
0 shares
CY2020Q3 exr Incremental Common Shares Attributable To Share Based Payment Arrangements Stock Options
IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsStockOptions
793846 shares
CY2019Q3 exr Incremental Common Shares Attributable To Share Based Payment Arrangements Stock Options
IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsStockOptions
1406455 shares
exr Incremental Common Shares Attributable To Share Based Payment Arrangements Stock Options
IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsStockOptions
808856 shares
exr Incremental Common Shares Attributable To Share Based Payment Arrangements Stock Options
IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsStockOptions
1425891 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
129871096 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
137318475 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
130066121 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
136164299 shares
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.89
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.84
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.52
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.40
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.88
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.83
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.50
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.37
CY2020Q3 exr Number Of Real Estate Properties Acquired
NumberOfRealEstatePropertiesAcquired
8 store
CY2020Q3 exr Real Estate Property Asset Acquisition Consideration Transferred
RealEstatePropertyAssetAcquisitionConsiderationTransferred
101731000 USD
CY2020Q3 exr Payments To Acquire Assets Gross
PaymentsToAcquireAssetsGross
86996000 USD
CY2020Q3 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
0 USD
CY2020Q3 exr Noncash Or Part Noncash Acquisition Finance Lease Liability
NoncashOrPartNoncashAcquisitionFinanceLeaseLiability
13833000 USD
CY2020Q3 exr Investments In Real Estate Joint Ventures Net Of Distributions Received
InvestmentsInRealEstateJointVenturesNetOfDistributionsReceived
0 USD
CY2020Q3 exr Real Estate Property Acquisition Increase Assets Acquired And Liabilities Assumed Net
RealEstatePropertyAcquisitionIncreaseAssetsAcquiredAndLiabilitiesAssumedNet
-902000 USD
CY2020Q3 exr Real Estate Property Asset Acquisition Consideration Transferred
RealEstatePropertyAssetAcquisitionConsiderationTransferred
101731000 USD
CY2020Q2 exr Number Of Real Estate Properties Acquired
NumberOfRealEstatePropertiesAcquired
0 store
CY2020Q2 exr Real Estate Property Asset Acquisition Consideration Transferred
RealEstatePropertyAssetAcquisitionConsiderationTransferred
0 USD
CY2020Q2 exr Payments To Acquire Assets Gross
PaymentsToAcquireAssetsGross
0 USD
CY2020Q2 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
0 USD
CY2020Q2 exr Noncash Or Part Noncash Acquisition Finance Lease Liability
NoncashOrPartNoncashAcquisitionFinanceLeaseLiability
0 USD
CY2020Q2 exr Investments In Real Estate Joint Ventures Net Of Distributions Received
InvestmentsInRealEstateJointVenturesNetOfDistributionsReceived
0 USD
CY2020Q2 exr Real Estate Property Acquisition Increase Assets Acquired And Liabilities Assumed Net
RealEstatePropertyAcquisitionIncreaseAssetsAcquiredAndLiabilitiesAssumedNet
0 USD
CY2020Q2 exr Real Estate Property Asset Acquisition Consideration Transferred
RealEstatePropertyAssetAcquisitionConsiderationTransferred
0 USD
CY2020Q1 exr Number Of Real Estate Properties Acquired
NumberOfRealEstatePropertiesAcquired
2 store
CY2020Q1 exr Real Estate Property Asset Acquisition Consideration Transferred
RealEstatePropertyAssetAcquisitionConsiderationTransferred
19399000 USD
CY2020Q1 exr Payments To Acquire Assets Gross
PaymentsToAcquireAssetsGross
19354000 USD
CY2020Q1 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
0 USD
CY2020Q1 exr Noncash Or Part Noncash Acquisition Finance Lease Liability
NoncashOrPartNoncashAcquisitionFinanceLeaseLiability
0 USD
CY2020Q1 exr Investments In Real Estate Joint Ventures Net Of Distributions Received
InvestmentsInRealEstateJointVenturesNetOfDistributionsReceived
0 USD
CY2020Q1 exr Real Estate Property Acquisition Increase Assets Acquired And Liabilities Assumed Net
RealEstatePropertyAcquisitionIncreaseAssetsAcquiredAndLiabilitiesAssumedNet
-45000 USD
CY2020Q1 exr Real Estate Property Asset Acquisition Consideration Transferred
RealEstatePropertyAssetAcquisitionConsiderationTransferred
19399000 USD
exr Number Of Real Estate Properties Acquired
NumberOfRealEstatePropertiesAcquired
10 store
exr Real Estate Property Asset Acquisition Consideration Transferred
RealEstatePropertyAssetAcquisitionConsiderationTransferred
121130000 USD
exr Payments To Acquire Assets Gross
PaymentsToAcquireAssetsGross
106350000 USD
us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
0 USD
exr Noncash Or Part Noncash Acquisition Finance Lease Liability
NoncashOrPartNoncashAcquisitionFinanceLeaseLiability
13833000 USD
exr Investments In Real Estate Joint Ventures Net Of Distributions Received
InvestmentsInRealEstateJointVenturesNetOfDistributionsReceived
0 USD
exr Real Estate Property Acquisition Increase Assets Acquired And Liabilities Assumed Net
RealEstatePropertyAcquisitionIncreaseAssetsAcquiredAndLiabilitiesAssumedNet
-947000 USD
exr Real Estate Property Asset Acquisition Consideration Transferred
RealEstatePropertyAssetAcquisitionConsiderationTransferred
121130000 USD
CY2019Q3 exr Number Of Real Estate Properties Acquired
NumberOfRealEstatePropertiesAcquired
1 store
CY2019Q3 exr Real Estate Property Asset Acquisition Consideration Transferred
RealEstatePropertyAssetAcquisitionConsiderationTransferred
16937000 USD
CY2019Q3 exr Payments To Acquire Assets Gross
PaymentsToAcquireAssetsGross
16941000 USD
CY2019Q3 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
0 USD
CY2019Q3 exr Noncash Or Part Noncash Acquisition Finance Lease Liability
NoncashOrPartNoncashAcquisitionFinanceLeaseLiability
0 USD
CY2019Q3 exr Investments In Real Estate Joint Ventures Net Of Distributions Received
InvestmentsInRealEstateJointVenturesNetOfDistributionsReceived
0 USD
CY2019Q3 exr Real Estate Property Acquisition Increase Assets Acquired And Liabilities Assumed Net
RealEstatePropertyAcquisitionIncreaseAssetsAcquiredAndLiabilitiesAssumedNet
4000 USD
CY2019Q3 exr Real Estate Property Asset Acquisition Consideration Transferred
RealEstatePropertyAssetAcquisitionConsiderationTransferred
16937000 USD
CY2019Q2 exr Number Of Real Estate Properties Acquired
NumberOfRealEstatePropertiesAcquired
1 store
CY2019Q2 exr Real Estate Property Asset Acquisition Consideration Transferred
RealEstatePropertyAssetAcquisitionConsiderationTransferred
8424000 USD
CY2019Q2 exr Payments To Acquire Assets Gross
PaymentsToAcquireAssetsGross
8424000 USD
CY2019Q2 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
0 USD
CY2019Q2 exr Noncash Or Part Noncash Acquisition Finance Lease Liability
NoncashOrPartNoncashAcquisitionFinanceLeaseLiability
0 USD
CY2019Q2 exr Investments In Real Estate Joint Ventures Net Of Distributions Received
InvestmentsInRealEstateJointVenturesNetOfDistributionsReceived
0 USD
exr Variable Interest Entity Interest In Consolidated Joint Ventures Number
VariableInterestEntityInterestInConsolidatedJointVenturesNumber
0 joint_venture
CY2019Q2 exr Real Estate Property Acquisition Increase Assets Acquired And Liabilities Assumed Net
RealEstatePropertyAcquisitionIncreaseAssetsAcquiredAndLiabilitiesAssumedNet
0 USD
CY2019Q2 exr Real Estate Property Asset Acquisition Consideration Transferred
RealEstatePropertyAssetAcquisitionConsiderationTransferred
8424000 USD
CY2019Q1 exr Number Of Real Estate Properties Acquired
NumberOfRealEstatePropertiesAcquired
14 store
CY2019Q1 exr Real Estate Property Asset Acquisition Consideration Transferred
RealEstatePropertyAssetAcquisitionConsiderationTransferred
223740000 USD
CY2019Q1 exr Payments To Acquire Assets Gross
PaymentsToAcquireAssetsGross
202890000 USD
CY2019Q1 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
17157000 USD
CY2019Q1 exr Noncash Or Part Noncash Acquisition Finance Lease Liability
NoncashOrPartNoncashAcquisitionFinanceLeaseLiability
0 USD
CY2019Q1 exr Investments In Real Estate Joint Ventures Net Of Distributions Received
InvestmentsInRealEstateJointVenturesNetOfDistributionsReceived
2780000 USD
CY2019Q1 exr Real Estate Property Acquisition Increase Assets Acquired And Liabilities Assumed Net
RealEstatePropertyAcquisitionIncreaseAssetsAcquiredAndLiabilitiesAssumedNet
-913000 USD
CY2019Q1 exr Real Estate Property Asset Acquisition Consideration Transferred
RealEstatePropertyAssetAcquisitionConsiderationTransferred
223740000 USD
exr Number Of Real Estate Properties Acquired
NumberOfRealEstatePropertiesAcquired
16 store
exr Real Estate Property Asset Acquisition Consideration Transferred
RealEstatePropertyAssetAcquisitionConsiderationTransferred
249101000 USD
exr Payments To Acquire Assets Gross
PaymentsToAcquireAssetsGross
228255000 USD
us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
17157000 USD
exr Noncash Or Part Noncash Acquisition Finance Lease Liability
NoncashOrPartNoncashAcquisitionFinanceLeaseLiability
0 USD
exr Investments In Real Estate Joint Ventures Net Of Distributions Received
InvestmentsInRealEstateJointVenturesNetOfDistributionsReceived
2780000 USD
CY2019Q1 exr Number Of Real Estate Properties Acquired Previous Noncontrolling Interest Held
NumberOfRealEstatePropertiesAcquiredPreviousNoncontrollingInterestHeld
12 store
exr Real Estate Property Acquisition Increase Assets Acquired And Liabilities Assumed Net
RealEstatePropertyAcquisitionIncreaseAssetsAcquiredAndLiabilitiesAssumedNet
-909000 USD
exr Real Estate Property Asset Acquisition Consideration Transferred
RealEstatePropertyAssetAcquisitionConsiderationTransferred
249101000 USD
CY2020Q3 exr Number Of Real Estate Properties Acquired Subject To Finance Lease
NumberOfRealEstatePropertiesAcquiredSubjectToFinanceLease
2 store
us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
13937000 USD
exr Number Of Real Estate Properties Acquired By Joint Ventures
NumberOfRealEstatePropertiesAcquiredByJointVentures
1 store
exr Number Of Stores Acquired At Issuance Of Certificate Of Occupancy
NumberOfStoresAcquiredAtIssuanceOfCertificateOfOccupancy
5 store
CY2020Q3 exr Equity Method Investment Number Of Properties
EquityMethodInvestmentNumberOfProperties
247 property
CY2020Q3 exr Investment In Unconsolidated Real Estate Entities Net Of Distributions
InvestmentInUnconsolidatedRealEstateEntitiesNetOfDistributions
301259000 USD
CY2019Q4 exr Investment In Unconsolidated Real Estate Entities Net Of Distributions
InvestmentInUnconsolidatedRealEstateEntitiesNetOfDistributions
292790000 USD
CY2017Q4 exr Variable Interest Entity Interest In Trust Number
VariableInterestEntityInterestInTrustNumber
3 subsidiary
CY2020Q3 exr Variable Interest Entity Interest In Consolidated Joint Ventures Number
VariableInterestEntityInterestInConsolidatedJointVenturesNumber
0 joint_venture
CY2020Q3 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
34541000 USD
CY2020Q3 us-gaap Derivative Number Of Instruments Held
DerivativeNumberOfInstrumentsHeld
23 derivative
CY2020Q3 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
2157733000 USD
CY2020Q3 exr Derivative With Contingent Features Fair Value Of Asset Liability Net
DerivativeWithContingentFeaturesFairValueOfAssetLiabilityNet
-113320000 USD
CY2020Q3 exr Derivative Instruments With Contingent Features Contingent Cash Settlement Value
DerivativeInstrumentsWithContingentFeaturesContingentCashSettlementValue
113320000 USD
CY2020Q3 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
4492000 USD
CY2019Q3 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
4492000 USD
us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
8984000 USD
us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
13476000 USD
CY2020Q3 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
1233000 USD
CY2019Q3 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
1186000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
3675000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
3533000 USD
CY2020Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
5725000 USD
CY2019Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
5678000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
12659000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
17009000 USD
CY2019Q2 exr Number Of Sales Agents
NumberOfSalesAgents
9 sales_agent
CY2017Q4 us-gaap Stock Repurchase Program Period In Force1
StockRepurchaseProgramPeriodInForce1
P3Y
CY2017Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
400000000 USD
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
826797 shares
exr Stock Repurchased During Period Average Cost Per Share
StockRepurchasedDuringPeriodAverageCostPerShare
82.09
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
67873000 USD
CY2020Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
332127000 USD
CY2019Q4 us-gaap Due From Related Parties Noncurrent
DueFromRelatedPartiesNoncurrent
100000000 USD
CY2020Q3 us-gaap Due From Related Parties Noncurrent
DueFromRelatedPartiesNoncurrent
100000000 USD
CY2014Q4 us-gaap Origination Of Notes Receivable From Related Parties
OriginationOfNotesReceivableFromRelatedParties
20230000 USD
exr Notes Receivable Stated Interest Rate
NotesReceivableStatedInterestRate
0.050
CY2020Q3 exr Proceeds From Collection Of Notes Receivable For Stock
ProceedsFromCollectionOfNotesReceivableForStock
8226000 USD
exr Notes Receivable Stated Interest Rate
NotesReceivableStatedInterestRate
0.050
exr Average Closing Market Price Measurement Period
AverageClosingMarketPriceMeasurementPeriod
P10D
exr Average Closing Market Price Measurement Period
AverageClosingMarketPriceMeasurementPeriod
P10D
CY2020Q3 exr Common Stock Average Closing Market Price
CommonStockAverageClosingMarketPrice
107.20
CY2020Q3 us-gaap Units Of Partnership Interest Amount
UnitsOfPartnershipInterestAmount
5815916 shares
CY2020Q3 exr Operating Partnership Units Redemption Amount
OperatingPartnershipUnitsRedemptionAmount
623466000 USD
exr Noncontrolling Interest Operating Partnership Units Redeemed For Common Stock
NoncontrollingInterestOperatingPartnershipUnitsRedeemedForCommonStock
108862 shares
exr Noncontrolling Interest Operating Partnership Units Redeemed For Common Stock
NoncontrollingInterestOperatingPartnershipUnitsRedeemedForCommonStock
239619 shares
exr Increase In Noncontrolling Interest Units Conversion Of Preferred Units
IncreaseInNoncontrollingInterestUnitsConversionOfPreferredUnits
0 shares
exr Increase In Noncontrolling Interest Units Conversion Of Preferred Units
IncreaseInNoncontrollingInterestUnitsConversionOfPreferredUnits
270709 shares
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
8605000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
13307000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
13000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
38299000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
36063000 USD
CY2020Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
23894000 USD
CY2019Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
22519000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
72242000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
68548000 USD
CY2020Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
56412000 USD
CY2019Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
56051000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
167705000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
165116000 USD
CY2020Q3 exr Gains Losses On Real Estate Transactions And Earn Out From Prior Acquisition And Sale Of Other Assets
GainsLossesOnRealEstateTransactionsAndEarnOutFromPriorAcquisitionAndSaleOfOtherAssets
0 USD
CY2019Q3 exr Gains Losses On Real Estate Transactions And Earn Out From Prior Acquisition And Sale Of Other Assets
GainsLossesOnRealEstateTransactionsAndEarnOutFromPriorAcquisitionAndSaleOfOtherAssets
0 USD
exr Gains Losses On Real Estate Transactions And Earn Out From Prior Acquisition And Sale Of Other Assets
GainsLossesOnRealEstateTransactionsAndEarnOutFromPriorAcquisitionAndSaleOfOtherAssets
0 USD
exr Gains Losses On Real Estate Transactions And Earn Out From Prior Acquisition And Sale Of Other Assets
GainsLossesOnRealEstateTransactionsAndEarnOutFromPriorAcquisitionAndSaleOfOtherAssets
1205000 USD
CY2020Q3 us-gaap Interest Expense
InterestExpense
42213000 USD
CY2019Q3 us-gaap Interest Expense
InterestExpense
46908000 USD
us-gaap Interest Expense
InterestExpense
127610000 USD
us-gaap Interest Expense
InterestExpense
141716000 USD
CY2020Q3 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
1233000 USD
CY2019Q3 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
1186000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
3675000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
3533000 USD
CY2020Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
3145000 USD
CY2019Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
2799000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
6488000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
5905000 USD
CY2020Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
5605000 USD
CY2019Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2704000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
15692000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
8455000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4657000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4052000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
10013000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
123854000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
115995000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8580000 USD
us-gaap Profit Loss
ProfitLoss
351273000 USD
us-gaap Profit Loss
ProfitLoss
330844000 USD

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