2022 Q3 Form 10-Q Financial Statement

#000162828022021367 Filed on August 05, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $498.9M $475.0M $443.6M
YoY Change 20.95% 25.45% 23.6%
Cost Of Revenue $114.6M $104.3M $103.5M
YoY Change 23.47% 16.93% 12.1%
Gross Profit $384.3M $370.7M $340.0M
YoY Change 20.22% 28.07% 27.59%
Gross Profit Margin 77.03% 78.05% 76.66%
Selling, General & Admin $32.28M $31.25M $29.76M
YoY Change 32.3% 18.64% 26.65%
% of Gross Profit 8.4% 8.43% 8.75%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $71.42M $69.07M $67.91M
YoY Change 16.1% 15.94% 15.88%
% of Gross Profit 18.58% 18.63% 19.97%
Operating Expenses $103.7M $100.3M $97.67M
YoY Change 20.7% 16.77% 18.82%
Operating Profit $269.9M $275.7M $235.3M
YoY Change 19.26% 40.05% -2.39%
Interest Expense $56.25M $47.47M $42.54M
YoY Change 41.78% 17.96% 4.53%
% of Operating Profit 20.84% 17.22% 18.08%
Other Income/Expense, Net
YoY Change
Pretax Income $231.7M $243.3M $211.8M
YoY Change 16.84% 43.58% -0.43%
Income Tax $6.760M $5.615M $3.141M
% Of Pretax Income 2.92% 2.31% 1.48%
Net Earnings $220.7M $232.1M $203.6M
YoY Change 17.23% 38.22% 0.29%
Net Earnings / Revenue 44.24% 48.87% 45.9%
Basic Earnings Per Share $1.65 $1.73 $1.52
Diluted Earnings Per Share $1.65 $1.73 $1.51
COMMON SHARES
Basic Shares Outstanding 133.9M shares 134.2M shares 134.2M shares
Diluted Shares Outstanding 141.5M shares 142.7M shares 141.6M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $86.99M $58.73M $65.98M
YoY Change 32.68% 4.86% 9.42%
Cash & Equivalents $86.99M $58.73M $65.98M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $86.99M $58.73M $65.98M
YoY Change 32.68% 4.86% 9.42%
LONG-TERM ASSETS
Property, Plant & Equipment $42.71M $34.78M $9.178B
YoY Change -99.5% -99.58% 12.15%
Goodwill $170.8M $170.8M
YoY Change
Intangibles
YoY Change
Long-Term Investments $929.2M $898.1M $821.2M
YoY Change -5.17% -3.43% 2324.03%
Other Assets $7.363M $11.44M $6.688M
YoY Change -53.15% 205.56% 167.52%
Total Long-Term Assets $11.75B $10.98B $10.53B
YoY Change 21.89% 16.72% 13.47%
TOTAL ASSETS
Total Short-Term Assets $86.99M $58.73M $65.98M
Total Long-Term Assets $11.75B $10.98B $10.53B
Total Assets $11.84B $11.04B $10.59B
YoY Change 21.96% 16.65% 13.44%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $191.2M $171.9M $136.9M
YoY Change 16.1% 14.54% 6.09%
Accrued Expenses $233.8M $238.4M $242.8M
YoY Change -0.12% -0.01% -0.07%
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 $425.0M $410.3M $379.7M
YoY Change 6.58% 5.61% 2.07%
LONG-TERM LIABILITIES
Long-Term Debt $6.994B $6.388B $6.013B
YoY Change 25.25% 18.93% 13.44%
Other Long-Term Liabilities $352.8M $347.6M $321.2M
YoY Change 2.9% 1.41% -8.12%
Total Long-Term Liabilities $7.346B $6.735B $6.334B
YoY Change 23.95% 17.88% 12.1%
TOTAL LIABILITIES
Total Short-Term Liabilities $425.0M $410.3M $379.7M
Total Long-Term Liabilities $7.346B $6.735B $6.334B
Total Liabilities $7.771B $7.146B $6.714B
YoY Change 22.86% 17.1% 11.49%
SHAREHOLDERS EQUITY
Retained Earnings -$139.3M -$159.1M -$127.2M
YoY Change -39.26% -36.43% -55.28%
Common Stock $3.341B $3.336B $3.331B
YoY Change 1.71% 1.38% 1.44%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.251B $3.202B $3.210B
YoY Change
Total Liabilities & Shareholders Equity $11.84B $11.04B $10.59B
YoY Change 21.96% 16.65% 13.44%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income $220.7M $232.1M $203.6M
YoY Change 17.23% 38.22% 0.29%
Depreciation, Depletion And Amortization $71.42M $69.07M $67.91M
YoY Change 16.1% 15.94% 15.88%
Cash From Operating Activities $307.6M $352.9M $287.5M
YoY Change 15.83% 35.85% 41.0%
INVESTING ACTIVITIES
Capital Expenditures -$698.9M -$258.5M -$218.5M
YoY Change 201.12% 14.12% 23.8%
Acquisitions
YoY Change
Other Investing Activities $26.64M -$190.1M $97.13M
YoY Change -165.94% -591.66% -55.67%
Cash From Investing Activities -$672.2M -$448.7M -$121.4M
YoY Change 146.7% 138.77% -384.94%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 388.8M 93.23M -$169.6M
YoY Change 1266.92% -224.4% -45.58%
NET CHANGE
Cash From Operating Activities 307.6M 352.9M $287.5M
Cash From Investing Activities -672.2M -448.7M -$121.4M
Cash From Financing Activities 388.8M 93.23M -$169.6M
Net Change In Cash 24.19M -2.500M -$3.528M
YoY Change 12.34% -18.3% -94.59%
FREE CASH FLOW
Cash From Operating Activities $307.6M $352.9M $287.5M
Capital Expenditures -$698.9M -$258.5M -$218.5M
Free Cash Flow $1.006B $611.5M $506.0M
YoY Change 102.24% 25.72% 33.02%

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us-gaap Profit Loss
ProfitLoss
465551000 usd
us-gaap Profit Loss
ProfitLoss
394080000 usd
CY2022Q2 us-gaap Noncontrolling Interest In Net Income Loss Preferred Unit Holders Redeemable
NoncontrollingInterestInNetIncomeLossPreferredUnitHoldersRedeemable
4491000 usd
CY2021Q2 us-gaap Noncontrolling Interest In Net Income Loss Preferred Unit Holders Redeemable
NoncontrollingInterestInNetIncomeLossPreferredUnitHoldersRedeemable
3438000 usd
us-gaap Noncontrolling Interest In Net Income Loss Preferred Unit Holders Redeemable
NoncontrollingInterestInNetIncomeLossPreferredUnitHoldersRedeemable
8824000 usd
us-gaap Noncontrolling Interest In Net Income Loss Preferred Unit Holders Redeemable
NoncontrollingInterestInNetIncomeLossPreferredUnitHoldersRedeemable
7118000 usd
CY2022Q2 exr Minority Interest In Net Income Loss Operating Partnerships And Other
MinorityInterestInNetIncomeLossOperatingPartnershipsAndOther
11213000 usd
CY2021Q2 exr Minority Interest In Net Income Loss Operating Partnerships And Other
MinorityInterestInNetIncomeLossOperatingPartnershipsAndOther
7193000 usd
exr Minority Interest In Net Income Loss Operating Partnerships And Other
MinorityInterestInNetIncomeLossOperatingPartnershipsAndOther
21018000 usd
exr Minority Interest In Net Income Loss Operating Partnerships And Other
MinorityInterestInNetIncomeLossOperatingPartnershipsAndOther
16016000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
232130000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
167948000 usd
us-gaap Net Income Loss
NetIncomeLoss
435709000 usd
us-gaap Net Income Loss
NetIncomeLoss
370946000 usd
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.73
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.25
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.24
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.79
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.73
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.25
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.24
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.79
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
134192540 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
133756610 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
134186426 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
132886933 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
142737909 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
140407195 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
141600206 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
140428558 shares
CY2022Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.50
CY2021Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.00
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
3.00
CY2022Q2 exr Average Share Price Per Share
AverageSharePricePerShare
185.25
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
2.00
CY2022Q2 us-gaap Profit Loss
ProfitLoss
247834000 usd
CY2021Q2 us-gaap Profit Loss
ProfitLoss
178579000 usd
us-gaap Profit Loss
ProfitLoss
465551000 usd
us-gaap Profit Loss
ProfitLoss
394080000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
20113000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
5617000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
71762000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
28630000 usd
CY2022Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
267947000 usd
CY2021Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
184196000 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
537313000 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
422710000 usd
CY2022Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
16719000 usd
CY2021Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
10898000 usd
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
33503000 usd
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
24501000 usd
CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
251228000 usd
CY2021Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
173298000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
503810000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
398209000 usd
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2936124000 usd
CY2021Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
4254000 usd
CY2021Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
3652000 usd
CY2021Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
273720000 usd
CY2021Q1 exr Noncontrolling Interest Other Decrease Increase
NoncontrollingInterestOtherDecreaseIncrease
50000 usd
CY2021Q1 us-gaap Profit Loss
ProfitLoss
215501000 usd
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
23013000 usd
CY2021Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
9025000 usd
CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.00
CY2021Q1 us-gaap Dividends Common Stock
DividendsCommonStock
132540000 usd
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3314649000 usd
CY2021Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
4983000 usd
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
211000 usd
CY2021Q2 exr Noncontrolling Interest Increase From Repayment Of Receivable Pledged As Collateral
NoncontrollingInterestIncreaseFromRepaymentOfReceivablePledgedAsCollateral
411000 usd
CY2021Q2 exr Noncontrolling Interest Other Decrease Increase
NoncontrollingInterestOtherDecreaseIncrease
-150000 usd
CY2021Q2 us-gaap Profit Loss
ProfitLoss
178579000 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
5617000 usd
CY2021Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
8974000 usd
CY2021Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.00
CY2021Q2 us-gaap Dividends Common Stock
DividendsCommonStock
133777000 usd
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3360955000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3785976000 usd
CY2022Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
4542000 usd
CY2022Q1 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
40965000 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
217717000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
51649000 usd
CY2022Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
14111000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3933000 usd
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.50
CY2022Q1 us-gaap Dividends Common Stock
DividendsCommonStock
202527000 usd
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3878164000 usd
CY2022Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
5245000 usd
CY2022Q2 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
16000000 usd
CY2022Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
63008000 usd
CY2022Q2 us-gaap Profit Loss
ProfitLoss
247834000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
20113000 usd
CY2022Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
14127000 usd
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.50
CY2022Q2 us-gaap Dividends Common Stock
DividendsCommonStock
201024000 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3893240000 usd
us-gaap Profit Loss
ProfitLoss
465551000 usd
us-gaap Profit Loss
ProfitLoss
394080000 usd
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
136973000 usd
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
118169000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4869000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
939000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
945000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
9787000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
8635000 usd
exr Noncash Interest Income
NoncashInterestIncome
19235000 usd
exr Noncash Interest Income
NoncashInterestIncome
17312000 usd
exr Gains Losses On Real Estate Transactions Net Of Impairment Of Real Estate
GainsLossesOnRealEstateTransactionsNetOfImpairmentOfRealEstate
14249000 usd
exr Gains Losses On Real Estate Transactions Net Of Impairment Of Real Estate
GainsLossesOnRealEstateTransactionsNetOfImpairmentOfRealEstate
63883000 usd
exr Gain Loss From Unconsolidated Real Estate Joint Ventures Gain Loss On Sale Of Real Estate
GainLossFromUnconsolidatedRealEstateJointVenturesGainLossOnSaleOfRealEstate
0 usd
exr Gain Loss From Unconsolidated Real Estate Joint Ventures Gain Loss On Sale Of Real Estate
GainLossFromUnconsolidatedRealEstateJointVenturesGainLossOnSaleOfRealEstate
6251000 usd
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-6204000 usd
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-3026000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-15789000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-5519000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
28646000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
19063000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
6049000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-3172000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
640387000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
463688000 usd
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
438287000 usd
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
375209000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
157301000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 usd
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
29256000 usd
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
25782000 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
39367000 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
194205000 usd
us-gaap Payments To Acquire Real Estate And Real Estate Joint Ventures
PaymentsToAcquireRealEstateAndRealEstateJointVentures
76339000 usd
us-gaap Payments To Acquire Real Estate And Real Estate Joint Ventures
PaymentsToAcquireRealEstateAndRealEstateJointVentures
7174000 usd
exr Return Of Investment Real Estate Ventures
ReturnOfInvestmentRealEstateVentures
342000 usd
CY2021Q2 exr Average Share Price Per Share
AverageSharePricePerShare
149.81
exr Return Of Investment Real Estate Ventures
ReturnOfInvestmentRealEstateVentures
31534000 usd
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
204930000 usd
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
68523000 usd
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
223773000 usd
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
20426000 usd
us-gaap Proceeds From Sale Of Notes Receivable
ProceedsFromSaleOfNotesReceivable
82115000 usd
us-gaap Proceeds From Sale Of Notes Receivable
ProceedsFromSaleOfNotesReceivable
87298000 usd
us-gaap Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
9512000 usd
us-gaap Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
2077000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-570028000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-145302000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
273509000 usd
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
1948657000 usd
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
2372000000 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
1915531000 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
3193025000 usd
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
400000000 usd
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
446396000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
6713000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
5403000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
4254000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
63008000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
exr Cash Portion Of Redemption Of Preferred Operating Partnership Units
CashPortionOfRedemptionOfPreferredOperatingPartnershipUnits
3504000 usd
exr Cash Portion Of Redemption Of Preferred Operating Partnership Units
CashPortionOfRedemptionOfPreferredOperatingPartnershipUnits
472000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
4500000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
0 usd
exr Proceeds From Notes Receivable Collateralized By Noncontrolling Interest
ProceedsFromNotesReceivableCollateralizedByNoncontrollingInterest
0 usd
exr Proceeds From Notes Receivable Collateralized By Noncontrolling Interest
ProceedsFromNotesReceivableCollateralizedByNoncontrollingInterest
411000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
403551000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
266317000 usd
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
28237000 usd
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
17999000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-76387000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-386646000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-6028000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-68260000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
76194000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
128009000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
70166000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
59749000 usd
us-gaap Interest Paid Net
InterestPaidNet
82381000 usd
us-gaap Interest Paid Net
InterestPaidNet
76289000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
9116000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
16749000 usd
exr Noncontrolling Interest Decrease From Redemptions Of Operating Partnership Units
NoncontrollingInterestDecreaseFromRedemptionsOfOperatingPartnershipUnits
0 usd
exr Noncontrolling Interest Decrease From Redemptions Of Operating Partnership Units
NoncontrollingInterestDecreaseFromRedemptionsOfOperatingPartnershipUnits
2378000 usd
exr Redemption Of Operating Partnership Units Held By Noncontrolling Interest Including Additional Paid In Capital
RedemptionOfOperatingPartnershipUnitsHeldByNoncontrollingInterestIncludingAdditionalPaidInCapital
0 usd
exr Redemption Of Operating Partnership Units Held By Noncontrolling Interest Including Additional Paid In Capital
RedemptionOfOperatingPartnershipUnitsHeldByNoncontrollingInterestIncludingAdditionalPaidInCapital
2378000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1689000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2493000 usd
exr Establishment Of Operating Lease Liability
EstablishmentOfOperatingLeaseLiability
1689000 usd
exr Establishment Of Operating Lease Liability
EstablishmentOfOperatingLeaseLiability
2493000 usd
exr Noncash Or Part Noncash Acquisition Net Real Estate Assets Acquired
NoncashOrPartNoncashAcquisitionNetRealEstateAssetsAcquired
48535000 usd
exr Noncash Or Part Noncash Acquisition Net Real Estate Assets Acquired
NoncashOrPartNoncashAcquisitionNetRealEstateAssetsAcquired
43666000 usd
exr Issuance Of Equity For Acquisition Of Real Estate Assets
IssuanceOfEquityForAcquisitionOfRealEstateAssets
40965000 usd
exr Issuance Of Equity For Acquisition Of Real Estate Assets
IssuanceOfEquityForAcquisitionOfRealEstateAssets
0 usd
exr Investments In Real Estate Joint Ventures Net Of Distributions Received
InvestmentsInRealEstateJointVenturesNetOfDistributionsReceived
747000 usd
exr Investments In Real Estate Joint Ventures Net Of Distributions Received
InvestmentsInRealEstateJointVenturesNetOfDistributionsReceived
2673000 usd
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
6823000 usd
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
40993000 usd
exr Real Estate Additions Portion Not Yet Paid
RealEstateAdditionsPortionNotYetPaid
987000 usd
exr Real Estate Additions Portion Not Yet Paid
RealEstateAdditionsPortionNotYetPaid
1016000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
987000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1016000 usd
exr Noncash Investment In Joint Venture
NoncashInvestmentInJointVenture
0 usd
exr Noncash Investment In Joint Venture
NoncashInvestmentInJointVenture
33878000 usd
exr Real Estate Assets Transferred For Investment In Joint Venture
RealEstateAssetsTransferredForInvestmentInJointVenture
0 usd
exr Real Estate Assets Transferred For Investment In Joint Venture
RealEstateAssetsTransferredForInvestmentInJointVenture
33878000 usd
us-gaap Nature Of Operations
NatureOfOperations
ORGANIZATION<div style="margin-top:6pt;text-indent:24.75pt"><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 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 style="text-indent:24.75pt"><span><br/></span></div><div style="text-indent:24.75pt"><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 June 30, 2022, the Company had direct and indirect equity interests in 1,313 stores. In addition, the Company managed 864 stores for third parties, bringing the total number of stores which it owns and/or manages to 2,177. These stores are located in 41 states and Washington, D.C. The Company also offers tenant reinsurance at its owned and managed stores that insures the value of goods in the storage units.</span></div>
CY2022Q2 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
1313 store
CY2022Q2 exr Number Of Real Estate Properties Franchisees And Others
NumberOfRealEstatePropertiesFranchiseesAndOthers
864 store
CY2022Q2 exr Number Of Real Estate Properties Owned And Or Managed
NumberOfRealEstatePropertiesOwnedAndOrManaged
2177 store
CY2022Q2 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
41 state
CY2022Q2 exr Number Of Operating Stores Held For Sale
NumberOfOperatingStoresHeldForSale
0 store
CY2022Q2 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1992922000 usd
CY2022Q2 us-gaap Land
Land
2223174000 usd
CY2021Q4 us-gaap Land
Land
2151319000 usd
CY2022Q2 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
8560995000 usd
CY2021Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
8227094000 usd
CY2022Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
136209000 usd
CY2021Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
117718000 usd
CY2022Q2 exr Real Estate Investment Property Intangible Tenant Relationships
RealEstateInvestmentPropertyIntangibleTenantRelationships
138994000 usd
CY2021Q4 exr Real Estate Investment Property Intangible Tenant Relationships
RealEstateInvestmentPropertyIntangibleTenantRelationships
134577000 usd
CY2022Q2 exr Real Estate Investment Property Intangible Lease Rights
RealEstateInvestmentPropertyIntangibleLeaseRights
12943000 usd
CY2021Q4 exr Real Estate Investment Property Intangible Lease Rights
RealEstateInvestmentPropertyIntangibleLeaseRights
12443000 usd
CY2022Q2 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
11072315000 usd
CY2021Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
10643151000 usd
CY2021Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1867750000 usd
CY2022Q2 exr Net Operating Real Estate Assets
NetOperatingRealEstateAssets
9079393000 usd
CY2021Q4 exr Net Operating Real Estate Assets
NetOperatingRealEstateAssets
8775401000 usd
CY2022Q2 us-gaap Development In Process
DevelopmentInProcess
56071000 usd
CY2021Q4 us-gaap Development In Process
DevelopmentInProcess
59248000 usd
CY2022Q2 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
9135464000 usd
CY2021Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
8834649000 usd
CY2022Q2 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
0 usd
CY2021Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
8436000 usd
CY2022Q2 exr Number Of Operating Stores Held For Sale
NumberOfOperatingStoresHeldForSale
0 store
CY2021Q4 us-gaap Other Assets
OtherAssets
159172000 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
34782000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
29060000 usd
CY2022Q2 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
6699000 usd
CY2021Q4 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
7408000 usd
CY2022Q2 exr Prepaid Expense And Deposits
PrepaidExpenseAndDeposits
36356000 usd
CY2021Q4 exr Prepaid Expense And Deposits
PrepaidExpenseAndDeposits
39384000 usd
CY2022Q2 us-gaap Accounts Receivable Net
AccountsReceivableNet
73983000 usd
CY2021Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
83050000 usd
CY2022Q2 us-gaap Goodwill
Goodwill
170811000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
0 usd
CY2022Q2 us-gaap Derivative Assets
DerivativeAssets
31336000 usd
CY2021Q4 us-gaap Derivative Assets
DerivativeAssets
270000 usd
CY2022Q2 us-gaap Other Assets
OtherAssets
353967000 usd
CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
183807 shares
CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1056433 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1258275 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
301483 shares
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
232130000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
167948000 usd
us-gaap Net Income Loss
NetIncomeLoss
435709000 usd
us-gaap Net Income Loss
NetIncomeLoss
370946000 usd
CY2022Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
313000 usd
CY2021Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
232000 usd
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
601000 usd
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
541000 usd
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
231817000 usd
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
167716000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
435108000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
370405000 usd
CY2022Q2 exr Net Income Loss Attributable To Noncontrolling Interest In Operating Partnership
NetIncomeLossAttributableToNoncontrollingInterestInOperatingPartnership
15201000 usd
CY2021Q2 exr Net Income Loss Attributable To Noncontrolling Interest In Operating Partnership
NetIncomeLossAttributableToNoncontrollingInterestInOperatingPartnership
8833000 usd
exr Net Income Loss Attributable To Noncontrolling Interest In Operating Partnership
NetIncomeLossAttributableToNoncontrollingInterestInOperatingPartnership
24978000 usd
exr Net Income Loss Attributable To Noncontrolling Interest In Operating Partnership
NetIncomeLossAttributableToNoncontrollingInterestInOperatingPartnership
21889000 usd
CY2022Q2 exr Income Loss Attributable To Noncontrolling Interest Fixed Component
IncomeLossAttributableToNoncontrollingInterestFixedComponent
572000 usd
CY2021Q2 exr Income Loss Attributable To Noncontrolling Interest Fixed Component
IncomeLossAttributableToNoncontrollingInterestFixedComponent
572000 usd
exr Income Loss Attributable To Noncontrolling Interest Fixed Component
IncomeLossAttributableToNoncontrollingInterestFixedComponent
1144000 usd
exr Income Loss Attributable To Noncontrolling Interest Fixed Component
IncomeLossAttributableToNoncontrollingInterestFixedComponent
1144000 usd
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
246446000 usd
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
175977000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
458942000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
391150000 usd
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
134192540 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
133756610 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
134186426 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
132886933 shares
CY2022Q2 exr Incremental Common Shares Attributable To Conversion Of Operating Partnership Units
IncrementalCommonSharesAttributableToConversionOfOperatingPartnershipUnits
6545104 shares
CY2021Q2 exr Incremental Common Shares Attributable To Conversion Of Operating Partnership Units
IncrementalCommonSharesAttributableToConversionOfOperatingPartnershipUnits
5767460 shares
exr Incremental Common Shares Attributable To Conversion Of Operating Partnership Units
IncrementalCommonSharesAttributableToConversionOfOperatingPartnershipUnits
6533010 shares
exr Incremental Common Shares Attributable To Conversion Of Operating Partnership Units
IncrementalCommonSharesAttributableToConversionOfOperatingPartnershipUnits
5784003 shares
CY2022Q2 exr Incremental Common Shares Attributable To Share Based Payment Arrangements Stock Options
IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsStockOptions
5144 shares
CY2021Q2 exr Incremental Common Shares Attributable To Share Based Payment Arrangements Stock Options
IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsStockOptions
7645 shares
exr Incremental Common Shares Attributable To Share Based Payment Arrangements Stock Options
IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsStockOptions
5290 shares
exr Incremental Common Shares Attributable To Share Based Payment Arrangements Stock Options
IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsStockOptions
17086 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
142737909 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
140407195 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
141600206 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
140428558 shares
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.73
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.25
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.24
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.79
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.73
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.25
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.24
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.79
CY2022Q2 exr Number Of Real Estate Properties Acquired
NumberOfRealEstatePropertiesAcquired
15 store
CY2022Q2 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
220933000 usd
CY2022Q2 exr Noncash Or Part Noncash Acquisition Finance Lease Liability
NoncashOrPartNoncashAcquisitionFinanceLeaseLiability
6823000 usd
CY2022Q2 exr Asset Acquisition Consideration Transferred Investment In Real Estate Joint Ventures
AssetAcquisitionConsiderationTransferredInvestmentInRealEstateJointVentures
0 usd
CY2022Q2 us-gaap Asset Acquisition Consideration Transferred Other Assets
AssetAcquisitionConsiderationTransferredOtherAssets
-811000 usd
CY2022Q2 exr Real Estate Property Asset Acquisition Consideration Transferred Equity Interest Issued Or Issuable
RealEstatePropertyAssetAcquisitionConsiderationTransferredEquityInterestIssuedOrIssuable
0 usd
CY2022Q2 us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
228567000 usd
CY2022Q1 exr Number Of Real Estate Properties Acquired
NumberOfRealEstatePropertiesAcquired
14 store
CY2022Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
185910000 usd
CY2022Q1 exr Noncash Or Part Noncash Acquisition Finance Lease Liability
NoncashOrPartNoncashAcquisitionFinanceLeaseLiability
0 usd
CY2022Q1 exr Asset Acquisition Consideration Transferred Investment In Real Estate Joint Ventures
AssetAcquisitionConsiderationTransferredInvestmentInRealEstateJointVentures
747000 usd
CY2022Q1 us-gaap Asset Acquisition Consideration Transferred Other Assets
AssetAcquisitionConsiderationTransferredOtherAssets
-274000 usd
CY2022Q1 exr Real Estate Property Asset Acquisition Consideration Transferred Equity Interest Issued Or Issuable
RealEstatePropertyAssetAcquisitionConsiderationTransferredEquityInterestIssuedOrIssuable
40965000 usd
CY2022Q1 us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
227896000 usd
exr Number Of Real Estate Properties Acquired
NumberOfRealEstatePropertiesAcquired
29 store
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
406843000 usd
exr Noncash Or Part Noncash Acquisition Finance Lease Liability
NoncashOrPartNoncashAcquisitionFinanceLeaseLiability
6823000 usd
exr Asset Acquisition Consideration Transferred Investment In Real Estate Joint Ventures
AssetAcquisitionConsiderationTransferredInvestmentInRealEstateJointVentures
747000 usd
us-gaap Asset Acquisition Consideration Transferred Other Assets
AssetAcquisitionConsiderationTransferredOtherAssets
-1085000 usd
exr Real Estate Property Asset Acquisition Consideration Transferred Equity Interest Issued Or Issuable
RealEstatePropertyAssetAcquisitionConsiderationTransferredEquityInterestIssuedOrIssuable
40965000 usd
us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
456463000 usd
CY2021Q2 exr Number Of Real Estate Properties Acquired
NumberOfRealEstatePropertiesAcquired
15 store
CY2021Q2 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
190729000 usd
CY2021Q2 exr Noncash Or Part Noncash Acquisition Finance Lease Liability
NoncashOrPartNoncashAcquisitionFinanceLeaseLiability
0 usd
CY2021Q2 exr Asset Acquisition Consideration Transferred Investment In Real Estate Joint Ventures
AssetAcquisitionConsiderationTransferredInvestmentInRealEstateJointVentures
2673000 usd
CY2021Q2 us-gaap Asset Acquisition Consideration Transferred Other Assets
AssetAcquisitionConsiderationTransferredOtherAssets
-381000 usd
CY2021Q2 exr Real Estate Property Asset Acquisition Consideration Transferred Equity Interest Issued Or Issuable
RealEstatePropertyAssetAcquisitionConsiderationTransferredEquityInterestIssuedOrIssuable
0 usd
CY2021Q2 us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
193783000 usd
CY2021Q1 exr Number Of Real Estate Properties Acquired
NumberOfRealEstatePropertiesAcquired
9 store
CY2021Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
148940000 usd
CY2021Q1 exr Noncash Or Part Noncash Acquisition Finance Lease Liability
NoncashOrPartNoncashAcquisitionFinanceLeaseLiability
0 usd
CY2021Q1 exr Asset Acquisition Consideration Transferred Investment In Real Estate Joint Ventures
AssetAcquisitionConsiderationTransferredInvestmentInRealEstateJointVentures
0 usd
CY2021Q1 us-gaap Asset Acquisition Consideration Transferred Other Assets
AssetAcquisitionConsiderationTransferredOtherAssets
-2944000 usd
CY2021Q1 exr Real Estate Property Asset Acquisition Consideration Transferred Equity Interest Issued Or Issuable
RealEstatePropertyAssetAcquisitionConsiderationTransferredEquityInterestIssuedOrIssuable
0 usd
CY2021Q1 us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
151884000 usd
exr Number Of Real Estate Properties Acquired
NumberOfRealEstatePropertiesAcquired
74 store
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
339669000 usd
exr Noncash Or Part Noncash Acquisition Finance Lease Liability
NoncashOrPartNoncashAcquisitionFinanceLeaseLiability
0 usd
exr Asset Acquisition Consideration Transferred Investment In Real Estate Joint Ventures
AssetAcquisitionConsiderationTransferredInvestmentInRealEstateJointVentures
2673000 usd
us-gaap Asset Acquisition Consideration Transferred Other Assets
AssetAcquisitionConsiderationTransferredOtherAssets
-3325000 usd
exr Real Estate Property Asset Acquisition Consideration Transferred Equity Interest Issued Or Issuable
RealEstatePropertyAssetAcquisitionConsiderationTransferredEquityInterestIssuedOrIssuable
0 usd
us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
345667000 usd
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
925196000 usd
CY2021 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
1592021000 usd
CY2022Q2 exr Number Of Properties Disposed
NumberOfPropertiesDisposed
2 store
CY2022Q2 us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
38700000 usd
CY2022Q2 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
14200000 usd
CY2022Q2 exr Equity Method Investment Number Of Stores
EquityMethodInvestmentNumberOfStores
304 property
CY2022Q2 exr Investment In Unconsolidated Real Estate Entities Net Of Distributions
InvestmentInUnconsolidatedRealEstateEntitiesNetOfDistributions
479394000 usd
CY2021Q4 exr Investment In Unconsolidated Real Estate Entities Net Of Distributions
InvestmentInUnconsolidatedRealEstateEntitiesNetOfDistributions
393744000 usd
us-gaap Payments To Acquire Real Estate And Real Estate Joint Ventures
PaymentsToAcquireRealEstateAndRealEstateJointVentures
76339000 usd
exr Equity Method Investments Number Of Stores Acquired
EquityMethodInvestmentsNumberOfStoresAcquired
18 store
CY2022Q2 us-gaap Dividends Receivable
DividendsReceivable
53298000 usd
CY2021Q4 us-gaap Dividends Receivable
DividendsReceivable
38066000 usd
CY2022Q2 exr Debt Securities Held To Maturity And Financing Receivable After Allowance For Credit Loss And Interest Receivable
DebtSecuritiesHeldToMaturityAndFinancingReceivableAfterAllowanceForCreditLossAndInterestReceivable
702354000 usd
CY2021Q4 exr Debt Securities Held To Maturity And Financing Receivable After Allowance For Credit Loss And Interest Receivable
DebtSecuritiesHeldToMaturityAndFinancingReceivableAfterAllowanceForCreditLossAndInterestReceivable
719187000 usd
CY2020Q4 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
300000000 usd
CY2020Q4 exr Debt Securities Held To Maturity Term
DebtSecuritiesHeldToMaturityTerm
P5Y
CY2020Q4 exr Debt Securities Held To Maturity Extension Option
DebtSecuritiesHeldToMaturityExtensionOption
2 extension_option
CY2020Q4 exr Debt Securities Held To Maturity Extension Term
DebtSecuritiesHeldToMaturityExtensionTerm
P1Y
CY2020Q3 exr Notes Receivable Collateral Number Of Facilities
NotesReceivableCollateralNumberOfFacilities
62 store
CY2022Q2 exr Financing Receivable Extension Option
FinancingReceivableExtensionOption
2 extension_option
exr Financing Receivable Extension Term
FinancingReceivableExtensionTerm
P1Y
CY2022Q2 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
14738000 usd
CY2022Q2 us-gaap Derivative Number Of Instruments Held
DerivativeNumberOfInstrumentsHeld
18 derivative
CY2022Q2 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
1874699000 usd
CY2022Q1 us-gaap Stock Issued During Period Shares Acquisitions
StockIssuedDuringPeriodSharesAcquisitions
186766 shares
CY2022Q1 exr Number Of Stores Acquired With Issuance Of Common Stock
NumberOfStoresAcquiredWithIssuanceOfCommonStock
2 store
CY2022Q1 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
40965000 usd
CY2021Q3 exr Number Of Sales Agents
NumberOfSalesAgents
10 sales_agent
CY2021Q1 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
1600000 shares
CY2021Q1 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
129.13
CY2021Q1 us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
206572000 usd
CY2020Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
400000000 usd
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
381786 shares
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
165.03
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
63008000 usd
CY2022Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
336992000 usd
CY2022Q2 us-gaap Due From Related Parties Noncurrent
DueFromRelatedPartiesNoncurrent
100000000 usd
CY2021Q4 us-gaap Due From Related Parties Noncurrent
DueFromRelatedPartiesNoncurrent
100000000 usd
CY2022Q2 us-gaap Minority Interest In Preferred Unit Holders
MinorityInterestInPreferredUnitHolders
261231000 usd
CY2021Q4 us-gaap Minority Interest In Preferred Unit Holders
MinorityInterestInPreferredUnitHolders
259110000 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
CY2022Q2 exr Common Stock Average Closing Market Price
CommonStockAverageClosingMarketPrice
167.02
CY2022Q2 us-gaap Preferred Units Outstanding
PreferredUnitsOutstanding
6602151 shares
CY2022Q2 exr Operating Partnership Units Redemption Amount
OperatingPartnershipUnitsRedemptionAmount
1102691000 usd
CY2022Q2 exr Noncontrolling Interest Operating Partnership Units Redeemed For Common Stock
NoncontrollingInterestOperatingPartnershipUnitsRedeemedForCommonStock
0 shares
CY2021Q2 exr Noncontrolling Interest Operating Partnership Units Redeemed For Common Stock
NoncontrollingInterestOperatingPartnershipUnitsRedeemedForCommonStock
63429 shares
CY2022Q2 exr Noncontrolling Interest Operating Partnership Units Redeemed For Cash
NoncontrollingInterestOperatingPartnershipUnitsRedeemedForCash
18028 shares
CY2021Q2 exr Noncontrolling Interest Operating Partnership Units Redeemed For Cash
NoncontrollingInterestOperatingPartnershipUnitsRedeemedForCash
3000 shares
CY2022Q2 exr Noncontrolling Interest Operating Partnership Units Redeemed Cash Paid
NoncontrollingInterestOperatingPartnershipUnitsRedeemedCashPaid
3504000 usd
CY2021Q2 exr Noncontrolling Interest Operating Partnership Units Redeemed Cash Paid
NoncontrollingInterestOperatingPartnershipUnitsRedeemedCashPaid
472000 usd
CY2022Q2 exr Noncontrolling Interest Operating Partnership Units Issued With Acquisition
NoncontrollingInterestOperatingPartnershipUnitsIssuedWithAcquisition
91743 shares
CY2021Q2 exr Noncontrolling Interest Operating Partnership Units Issued With Acquisition
NoncontrollingInterestOperatingPartnershipUnitsIssuedWithAcquisition
0 shares
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
20517000 usd
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
14796000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
40474000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
30441000 usd
CY2022Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1465000 usd
CY2021Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0 usd
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1465000 usd
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0 usd
CY2022Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
31251000 usd
CY2021Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
26341000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
61013000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
49881000 usd
CY2022Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
69067000 usd
CY2021Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
59570000 usd
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
136973000 usd
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
118169000 usd
CY2022Q2 exr Gains Losses On Real Estate Transactions And Earn Out From Prior Acquisition And Sale Of Other Assets
GainsLossesOnRealEstateTransactionsAndEarnOutFromPriorAcquisitionAndSaleOfOtherAssets
14249000 usd
CY2021Q2 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 Net Of Impairment Of Real Estate
GainsLossesOnRealEstateTransactionsNetOfImpairmentOfRealEstate
14249000 usd
exr Gains Losses On Real Estate Transactions Net Of Impairment Of Real Estate
GainsLossesOnRealEstateTransactionsNetOfImpairmentOfRealEstate
63883000 usd
CY2022Q2 us-gaap Interest Expense
InterestExpense
47466000 usd
CY2021Q2 us-gaap Interest Expense
InterestExpense
40240000 usd
us-gaap Interest Expense
InterestExpense
90004000 usd
us-gaap Interest Expense
InterestExpense
80935000 usd
CY2022Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
15060000 usd
CY2021Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
12838000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
34049000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
25142000 usd
CY2022Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
10190000 usd
CY2021Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
8322000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
19287000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
15278000 usd
CY2022Q2 exr Equity Method Investments Gain Loss On Sale Of Real Estate Assets And Purchase Of Joint Venture Partner Interest
EquityMethodInvestmentsGainLossOnSaleOfRealEstateAssetsAndPurchaseOfJointVenturePartnerInterest
0 usd
CY2021Q2 exr Equity Method Investments Gain Loss On Sale Of Real Estate Assets And Purchase Of Joint Venture Partner Interest
EquityMethodInvestmentsGainLossOnSaleOfRealEstateAssetsAndPurchaseOfJointVenturePartnerInterest
6251000 usd
exr Equity Method Investments Gain Loss On Sale Of Real Estate Assets And Purchase Of Joint Venture Partner Interest
EquityMethodInvestmentsGainLossOnSaleOfRealEstateAssetsAndPurchaseOfJointVenturePartnerInterest
0 usd
exr Equity Method Investments Gain Loss On Sale Of Real Estate Assets And Purchase Of Joint Venture Partner Interest
EquityMethodInvestmentsGainLossOnSaleOfRealEstateAssetsAndPurchaseOfJointVenturePartnerInterest
6251000 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5615000 usd
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5421000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8756000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9558000 usd
CY2022Q2 us-gaap Profit Loss
ProfitLoss
247834000 usd
CY2021Q2 us-gaap Profit Loss
ProfitLoss
178579000 usd
us-gaap Profit Loss
ProfitLoss
465551000 usd
us-gaap Profit Loss
ProfitLoss
394080000 usd

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