2024 Q4 Form 10-Q Financial Statement

#000162828024045038 Filed on November 04, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $824.8M
YoY Change 10.26%
Cost Of Revenue $209.0M
YoY Change 12.87%
Gross Profit $615.8M
YoY Change 9.4%
Gross Profit Margin 74.66%
Selling, General & Admin $39.75M
YoY Change 6.28%
% of Gross Profit 6.46%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $195.0M
YoY Change 28.04%
% of Gross Profit 31.68%
Operating Expenses $234.8M
YoY Change 23.77%
Operating Profit $302.7M
YoY Change 0.98%
Interest Expense -$88.94M
YoY Change -172.37%
% of Operating Profit -29.38%
Other Income/Expense, Net
YoY Change
Pretax Income $183.8M
YoY Change -3.63%
Income Tax $10.86M
% Of Pretax Income 5.91%
Net Earnings $193.2M
YoY Change 2.58%
Net Earnings / Revenue 23.42%
Basic Earnings Per Share $0.91
Diluted Earnings Per Share $0.91
COMMON SHARES
Basic Shares Outstanding 212.0M shares 211.9M shares
Diluted Shares Outstanding 220.3M shares

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $88.93M
YoY Change -58.83%
Cash & Equivalents $88.93M
Short-Term Investments
Other Short-Term Assets $97.52M
YoY Change 3.75%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $299.2M
YoY Change -32.31%
LONG-TERM ASSETS
Property, Plant & Equipment $50.07M
YoY Change 9.73%
Goodwill $170.8M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments $1.360B
YoY Change -1.29%
Other Assets $8.108M
YoY Change 15.83%
Total Long-Term Assets $27.76B
YoY Change 2.13%
TOTAL ASSETS
Total Short-Term Assets $299.2M
Total Long-Term Assets $27.76B
Total Assets $28.06B
YoY Change 1.58%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $388.8M
YoY Change -9.59%
Accrued Expenses $706.5M
YoY Change 191.94%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.095B
YoY Change 62.98%
LONG-TERM LIABILITIES
Long-Term Debt $11.53B
YoY Change 5.26%
Other Long-Term Liabilities $481.4M
YoY Change 10.91%
Total Long-Term Liabilities $12.01B
YoY Change 5.47%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.095B
Total Long-Term Liabilities $12.01B
Total Liabilities $13.10B
YoY Change 8.67%
SHAREHOLDERS EQUITY
Retained Earnings -$817.9M
YoY Change 223.42%
Common Stock $14.83B
YoY Change 0.54%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $14.01B
YoY Change
Total Liabilities & Shareholders Equity $28.06B
YoY Change 1.58%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income $193.2M
YoY Change 2.58%
Depreciation, Depletion And Amortization $195.0M
YoY Change 28.04%
Cash From Operating Activities $468.4M
YoY Change 14.65%
INVESTING ACTIVITIES
Capital Expenditures $241.0M
YoY Change 134.42%
Acquisitions
YoY Change
Other Investing Activities $128.2M
YoY Change -110.91%
Cash From Investing Activities -$112.7M
YoY Change -91.18%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -342.8M
YoY Change -132.96%
NET CHANGE
Cash From Operating Activities 468.4M
Cash From Investing Activities -112.7M
Cash From Financing Activities -342.8M
Net Change In Cash 12.78M
YoY Change -92.5%
FREE CASH FLOW
Cash From Operating Activities $468.4M
Capital Expenditures $241.0M
Free Cash Flow $227.4M
YoY Change -25.62%

Facts In Submission

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MinorityInterestInNetIncomeLossOperatingPartnershipsAndOther
7803000 usd
CY2023Q3 exr Minority Interest In Net Income Loss Operating Partnerships And Other
MinorityInterestInNetIncomeLossOperatingPartnershipsAndOther
8253000 usd
exr Minority Interest In Net Income Loss Operating Partnerships And Other
MinorityInterestInNetIncomeLossOperatingPartnershipsAndOther
24164000 usd
exr Minority Interest In Net Income Loss Operating Partnerships And Other
MinorityInterestInNetIncomeLossOperatingPartnershipsAndOther
29221000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
193210000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
188350000 usd
us-gaap Net Income Loss
NetIncomeLoss
592194000 usd
us-gaap Net Income Loss
NetIncomeLoss
587064000 usd
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.91
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.96
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.79
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.78
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.91
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.96
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.79
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.78
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
211698436 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
195324444 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
211522578 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
155112071 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
220298870 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
195328020 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
220177692 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
155116149 shares
CY2024Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.62
CY2023Q3 us-gaap Common Stock Dividends Per Share Cash Paid
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us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
4.86
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
4.86
CY2024Q3 us-gaap Profit Loss
ProfitLoss
202945000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
198856000 usd
us-gaap Profit Loss
ProfitLoss
622431000 usd
us-gaap Profit Loss
ProfitLoss
623046000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
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CY2024Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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178058000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
196592000 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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607740000 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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618871000 usd
CY2024Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
8749000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
10395000 usd
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
29641000 usd
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
35693000 usd
CY2024Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
169309000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
186197000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
578099000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
583178000 usd
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
15130840000 usd
CY2024Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
8224000 usd
CY2024Q3 exr Adjustments To Additional Paid In Capital Stock Issued Shelf Registration Offering Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedShelfRegistrationOfferingCosts
28000 usd
CY2024Q3 exr Noncontrolling Interest Increase From Transactions With Other Noncontrolling Interests Net
NoncontrollingInterestIncreaseFromTransactionsWithOtherNoncontrollingInterestsNet
825000 usd
CY2024Q3 us-gaap Profit Loss
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202945000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2024Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
15828000 usd
CY2024Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.62
CY2024Q3 us-gaap Dividends Common Stock
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343408000 usd
CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
14958683000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
15413949000 usd
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
14419000 usd
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
365000 usd
exr Adjustments To Additional Paid In Capital Stock Issued Shelf Registration Offering Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedShelfRegistrationOfferingCosts
522000 usd
exr Noncontrolling Interest Increase From Transactions With Other Noncontrolling Interests Net
NoncontrollingInterestIncreaseFromTransactionsWithOtherNoncontrollingInterestsNet
1687000 usd
us-gaap Profit Loss
ProfitLoss
622431000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
47911000 usd
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
4.86
us-gaap Dividends Common Stock
DividendsCommonStock
1031044000 usd
CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
14958683000 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4035407000 usd
CY2023Q3 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
6994000 usd
CY2023Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
63000 usd
CY2023Q3 exr Life Storage Merger Issuance Of Common Stock And Operating Partnership Units
LifeStorageMergerIssuanceOfCommonStockAndOperatingPartnershipUnits
11602808000 usd
CY2023Q3 exr Noncontrolling Interest Increase From Transactions With Other Noncontrolling Interests Net
NoncontrollingInterestIncreaseFromTransactionsWithOtherNoncontrollingInterestsNet
5209000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
198856000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2264000 usd
CY2023Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
14960000 usd
CY2023Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.62
CY2023Q3 us-gaap Dividends Common Stock
DividendsCommonStock
265286000 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
15566701000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
4078274000 usd
us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
19433000 usd
us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
7606000 usd
exr Life Storage Merger Issuance Of Common Stock And Operating Partnership Units
LifeStorageMergerIssuanceOfCommonStockAndOperatingPartnershipUnits
11602808000 usd
exr Noncontrolling Interest Increase From Transactions With Other Noncontrolling Interests Net
NoncontrollingInterestIncreaseFromTransactionsWithOtherNoncontrollingInterestsNet
7309000 usd
us-gaap Profit Loss
ProfitLoss
623046000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-4175000 usd
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
43003000 usd
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
4.86
us-gaap Dividends Common Stock
DividendsCommonStock
704069000 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
15566701000 usd
us-gaap Profit Loss
ProfitLoss
622431000 usd
us-gaap Profit Loss
ProfitLoss
623046000 usd
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
586821000 usd
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
309914000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
13419000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
9716000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
32563000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
8228000 usd
exr Equity Method Investments Gain Loss On Sale Of Real Estate Assets And Purchase Of Joint Venture Partner Interest
EquityMethodInvestmentsGainLossOnSaleOfRealEstateAssetsAndPurchaseOfJointVenturePartnerInterest
13730000 usd
exr Equity Method Investments Gain Loss On Sale Of Real Estate Assets And Purchase Of Joint Venture Partner Interest
EquityMethodInvestmentsGainLossOnSaleOfRealEstateAssetsAndPurchaseOfJointVenturePartnerInterest
0 usd
exr Gain Loss On Impairment Of Intangible Asset Indefinite Lived
GainLossOnImpairmentOfIntangibleAssetIndefiniteLived
-51763000 usd
exr Gain Loss On Impairment Of Intangible Asset Indefinite Lived
GainLossOnImpairmentOfIntangibleAssetIndefiniteLived
0 usd
exr Gains Losses On Real Estate Transactions Net Of Impairment Of Real Estate
GainsLossesOnRealEstateTransactionsNetOfImpairmentOfRealEstate
-63620000 usd
exr Gains Losses On Real Estate Transactions Net Of Impairment Of Real Estate
GainsLossesOnRealEstateTransactionsNetOfImpairmentOfRealEstate
0 usd
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-21839000 usd
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-11484000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-45737000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
31675000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
45145000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
134310000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
18581000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-16370000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1479151000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1037959000 usd
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
361126000 usd
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
197333000 usd
exr Payments For Asset Acquisition Net Of Cash Acquired
PaymentsForAssetAcquisitionNetOfCashAcquired
0 usd
exr Payments For Asset Acquisition Net Of Cash Acquired
PaymentsForAssetAcquisitionNetOfCashAcquired
1182411000 usd
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
100507000 usd
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
66533000 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
4415000 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
2132000 usd
exr Payments For Investment In Unconsolidated Real Estate Entities
PaymentsForInvestmentInUnconsolidatedRealEstateEntities
7175000 usd
exr Payments For Investment In Unconsolidated Real Estate Entities
PaymentsForInvestmentInUnconsolidatedRealEstateEntities
179258000 usd
exr Return Of Investment Real Estate Ventures
ReturnOfInvestmentRealEstateVentures
12999000 usd
exr Return Of Investment Real Estate Ventures
ReturnOfInvestmentRealEstateVentures
0 usd
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
739702000 usd
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
210712000 usd
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
153971000 usd
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
73514000 usd
us-gaap Proceeds From Sale Of Notes Receivable
ProceedsFromSaleOfNotesReceivable
175335000 usd
us-gaap Proceeds From Sale Of Notes Receivable
ProceedsFromSaleOfNotesReceivable
134064000 usd
us-gaap Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
15713000 usd
us-gaap Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
9515000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-877503000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1636052000 usd
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
5542362000 usd
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
5194665000 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
6062896000 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
4617755000 usd
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
1000000000 usd
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
950000000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
12633000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
51359000 usd
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
365000 usd
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
0 usd
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
522000 usd
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 usd
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
15000 usd
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
1031044000 usd
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
48053000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-612406000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
723479000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-10758000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
125386000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
105083000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
94325000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
223121000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
99062000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
92868000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
6021000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
4867000 usd
CY2024Q3 us-gaap Restricted Cash
RestrictedCash
5394000 usd
CY2023Q3 us-gaap Restricted Cash
RestrictedCash
7000000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
94325000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
223121000 usd
us-gaap Interest Paid Net
InterestPaidNet
381434000 usd
us-gaap Interest Paid Net
InterestPaidNet
207569000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
30635000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
20222000 usd
exr Noncontrolling Interest Increase Decrease From Redemptions Of Operating Partnership Units
NoncontrollingInterestIncreaseDecreaseFromRedemptionsOfOperatingPartnershipUnits
58375000 usd
exr Noncontrolling Interest Increase Decrease From Redemptions Of Operating Partnership Units
NoncontrollingInterestIncreaseDecreaseFromRedemptionsOfOperatingPartnershipUnits
116336000 usd
exr Redemption Of Operating Partnership Units Held By Noncontrolling Interest Including Additional Paid In Capital
RedemptionOfOperatingPartnershipUnitsHeldByNoncontrollingInterestIncludingAdditionalPaidInCapital
-58375000 usd
exr Redemption Of Operating Partnership Units Held By Noncontrolling Interest Including Additional Paid In Capital
RedemptionOfOperatingPartnershipUnitsHeldByNoncontrollingInterestIncludingAdditionalPaidInCapital
-11336000 usd
exr Noncontrolling Interests In Operating Partnership Note Receivable Payoff
NoncontrollingInterestsInOperatingPartnershipNoteReceivablePayoff
0 usd
exr Noncontrolling Interests In Operating Partnership Note Receivable Payoff
NoncontrollingInterestsInOperatingPartnershipNoteReceivablePayoff
100000000 usd
exr Operating Partnership Unit Redemption Cash Proceeds
OperatingPartnershipUnitRedemptionCashProceeds
0 usd
exr Operating Partnership Unit Redemption Cash Proceeds
OperatingPartnershipUnitRedemptionCashProceeds
5000000 usd
exr Real Estate Additions Portion Not Yet Paid
RealEstateAdditionsPortionNotYetPaid
9094000 usd
exr Real Estate Additions Portion Not Yet Paid
RealEstateAdditionsPortionNotYetPaid
6835000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
9094000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
6835000 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 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, which meets the definition of a variable interest entity and is consolidated. 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 September 30, 2024, the Company had direct and indirect equity interests in 2,401 stores. In addition, the Company managed 1,461 stores for third parties, bringing the total number of stores which it owns and/or manages to 3,862. These stores are located in 42 states and Washington, D.C. The Company offers tenant reinsurance at its owned and managed stores that insures the value of goods in the storage units and also offers bridge loan financing to certain of its third-party self-storage owners.</span></div>
CY2024Q3 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
2401 store
CY2024Q3 exr Number Of Real Estate Properties Franchisees And Others
NumberOfRealEstatePropertiesFranchiseesAndOthers
1461 store
CY2024Q3 exr Number Of Real Estate Properties Owned And Or Managed
NumberOfRealEstatePropertiesOwnedAndOrManaged
3862 store
CY2024Q3 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
42 state
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2024Q3 exr Number Of Operating Stores Held For Sale
NumberOfOperatingStoresHeldForSale
17 store
CY2024Q3 exr Number Of Operating Stores Held For Sale
NumberOfOperatingStoresHeldForSale
17 store
CY2024Q3 exr Number Of Real Estate Properties Acquired
NumberOfRealEstatePropertiesAcquired
11 store
CY2024Q3 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
159196000 usd
CY2024Q3 exr Asset Acquisition Recognized Identifiable Assets Acquired And Liabilities Assumed Loans
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLoans
0 usd
CY2024Q3 exr Noncash Or Part Noncash Acquisition Finance Lease Liability
NoncashOrPartNoncashAcquisitionFinanceLeaseLiability
0 usd
CY2024Q3 exr Asset Acquisition Consideration Transferred Investment In Real Estate Joint Ventures
AssetAcquisitionConsiderationTransferredInvestmentInRealEstateJointVentures
0 usd
CY2024Q3 us-gaap Asset Acquisition Consideration Transferred Other Assets
AssetAcquisitionConsiderationTransferredOtherAssets
-1431000 usd
CY2024Q3 exr Real Estate Property Asset Acquisition Consideration Transferred Equity Interest Issued Or Issuable
RealEstatePropertyAssetAcquisitionConsiderationTransferredEquityInterestIssuedOrIssuable
0 usd
CY2024Q3 us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
160627000 usd
CY2024Q2 exr Number Of Real Estate Properties Acquired
NumberOfRealEstatePropertiesAcquired
3 store
CY2024Q2 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
27644000 usd
CY2024Q2 exr Asset Acquisition Recognized Identifiable Assets Acquired And Liabilities Assumed Loans
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLoans
0 usd
CY2024Q2 exr Noncash Or Part Noncash Acquisition Finance Lease Liability
NoncashOrPartNoncashAcquisitionFinanceLeaseLiability
0 usd
CY2024Q2 exr Asset Acquisition Consideration Transferred Investment In Real Estate Joint Ventures
AssetAcquisitionConsiderationTransferredInvestmentInRealEstateJointVentures
0 usd
CY2024Q2 us-gaap Asset Acquisition Consideration Transferred Other Assets
AssetAcquisitionConsiderationTransferredOtherAssets
-97000 usd
CY2024Q2 exr Real Estate Property Asset Acquisition Consideration Transferred Equity Interest Issued Or Issuable
RealEstatePropertyAssetAcquisitionConsiderationTransferredEquityInterestIssuedOrIssuable
0 usd
CY2024Q2 us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
27741000 usd
CY2024Q1 exr Number Of Real Estate Properties Acquired
NumberOfRealEstatePropertiesAcquired
6 store
CY2024Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
35084000 usd
CY2024Q1 exr Asset Acquisition Recognized Identifiable Assets Acquired And Liabilities Assumed Loans
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLoans
0 usd
CY2024Q1 exr Noncash Or Part Noncash Acquisition Finance Lease Liability
NoncashOrPartNoncashAcquisitionFinanceLeaseLiability
0 usd
CY2024Q1 exr Asset Acquisition Consideration Transferred Investment In Real Estate Joint Ventures
AssetAcquisitionConsiderationTransferredInvestmentInRealEstateJointVentures
0 usd
CY2024Q1 us-gaap Asset Acquisition Consideration Transferred Other Assets
AssetAcquisitionConsiderationTransferredOtherAssets
-171000 usd
CY2024Q1 exr Real Estate Property Asset Acquisition Consideration Transferred Equity Interest Issued Or Issuable
RealEstatePropertyAssetAcquisitionConsiderationTransferredEquityInterestIssuedOrIssuable
0 usd
CY2024Q1 us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
35255000 usd
exr Number Of Real Estate Properties Acquired
NumberOfRealEstatePropertiesAcquired
20 store
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
221924000 usd
exr Asset Acquisition Recognized Identifiable Assets Acquired And Liabilities Assumed Loans
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLoans
0 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
0 usd
us-gaap Asset Acquisition Consideration Transferred Other Assets
AssetAcquisitionConsiderationTransferredOtherAssets
-1699000 usd
exr Real Estate Property Asset Acquisition Consideration Transferred Equity Interest Issued Or Issuable
RealEstatePropertyAssetAcquisitionConsiderationTransferredEquityInterestIssuedOrIssuable
0 usd
us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
223623000 usd
CY2023Q3 exr Number Of Real Estate Properties Acquired
NumberOfRealEstatePropertiesAcquired
3 store
CY2023Q3 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
18578000 usd
CY2023Q3 exr Asset Acquisition Recognized Identifiable Assets Acquired And Liabilities Assumed Loans
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLoans
0 usd
CY2023Q3 exr Noncash Or Part Noncash Acquisition Finance Lease Liability
NoncashOrPartNoncashAcquisitionFinanceLeaseLiability
0 usd
CY2023Q3 exr Asset Acquisition Consideration Transferred Investment In Real Estate Joint Ventures
AssetAcquisitionConsiderationTransferredInvestmentInRealEstateJointVentures
0 usd
CY2023Q3 us-gaap Asset Acquisition Consideration Transferred Other Assets
AssetAcquisitionConsiderationTransferredOtherAssets
-86000 usd
CY2023Q3 exr Real Estate Property Asset Acquisition Consideration Transferred Equity Interest Issued Or Issuable
RealEstatePropertyAssetAcquisitionConsiderationTransferredEquityInterestIssuedOrIssuable
0 usd
CY2023Q3 us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
18664000 usd
CY2023Q2 exr Number Of Real Estate Properties Acquired
NumberOfRealEstatePropertiesAcquired
3 store
CY2023Q2 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
32888000 usd
CY2023Q2 exr Asset Acquisition Recognized Identifiable Assets Acquired And Liabilities Assumed Loans
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLoans
0 usd
CY2023Q2 exr Noncash Or Part Noncash Acquisition Finance Lease Liability
NoncashOrPartNoncashAcquisitionFinanceLeaseLiability
0 usd
CY2023Q2 exr Asset Acquisition Consideration Transferred Investment In Real Estate Joint Ventures
AssetAcquisitionConsiderationTransferredInvestmentInRealEstateJointVentures
0 usd
CY2023Q2 us-gaap Asset Acquisition Consideration Transferred Other Assets
AssetAcquisitionConsiderationTransferredOtherAssets
-26000 usd
CY2023Q2 exr Real Estate Property Asset Acquisition Consideration Transferred Equity Interest Issued Or Issuable
RealEstatePropertyAssetAcquisitionConsiderationTransferredEquityInterestIssuedOrIssuable
0 usd
CY2023Q2 us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
32914000 usd
CY2023Q1 exr Number Of Real Estate Properties Acquired
NumberOfRealEstatePropertiesAcquired
1 store
CY2023Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
13111000 usd
CY2023Q1 exr Asset Acquisition Recognized Identifiable Assets Acquired And Liabilities Assumed Loans
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLoans
0 usd
CY2023Q1 exr Noncash Or Part Noncash Acquisition Finance Lease Liability
NoncashOrPartNoncashAcquisitionFinanceLeaseLiability
0 usd
CY2023Q1 exr Asset Acquisition Consideration Transferred Investment In Real Estate Joint Ventures
AssetAcquisitionConsiderationTransferredInvestmentInRealEstateJointVentures
0 usd
CY2023Q1 us-gaap Asset Acquisition Consideration Transferred Other Assets
AssetAcquisitionConsiderationTransferredOtherAssets
-6000 usd
CY2023Q1 exr Real Estate Property Asset Acquisition Consideration Transferred Equity Interest Issued Or Issuable
RealEstatePropertyAssetAcquisitionConsiderationTransferredEquityInterestIssuedOrIssuable
0 usd
CY2023Q1 us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
13117000 usd
exr Number Of Real Estate Properties Acquired
NumberOfRealEstatePropertiesAcquired
7 store
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
64577000 usd
exr Asset Acquisition Recognized Identifiable Assets Acquired And Liabilities Assumed Loans
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLoans
0 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
0 usd
us-gaap Asset Acquisition Consideration Transferred Other Assets
AssetAcquisitionConsiderationTransferredOtherAssets
-118000 usd
exr Real Estate Property Asset Acquisition Consideration Transferred Equity Interest Issued Or Issuable
RealEstatePropertyAssetAcquisitionConsiderationTransferredEquityInterestIssuedOrIssuable
0 usd
us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
64695000 usd
CY2024Q3 us-gaap Land
Land
4923702000 usd
CY2023Q4 us-gaap Land
Land
4904705000 usd
CY2024Q3 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
22032745000 usd
CY2023Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
21664224000 usd
CY2024Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
143286000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
143842000 usd
CY2024Q3 exr Real Estate Investment Property Intangible Tenant Relationships
RealEstateInvestmentPropertyIntangibleTenantRelationships
322771000 usd
CY2023Q4 exr Real Estate Investment Property Intangible Tenant Relationships
RealEstateInvestmentPropertyIntangibleTenantRelationships
321019000 usd
CY2024Q3 exr Real Estate Investment Property Intangible Lease Rights
RealEstateInvestmentPropertyIntangibleLeaseRights
27743000 usd
CY2023Q4 exr Real Estate Investment Property Intangible Lease Rights
RealEstateInvestmentPropertyIntangibleLeaseRights
27743000 usd
CY2024Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
27450247000 usd
CY2023Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
27061533000 usd
CY2024Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
3168088000 usd
CY2023Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
2624405000 usd
CY2024Q3 exr Net Operating Real Estate Assets
NetOperatingRealEstateAssets
24282159000 usd
CY2023Q4 exr Net Operating Real Estate Assets
NetOperatingRealEstateAssets
24437128000 usd
CY2024Q3 us-gaap Development In Process
DevelopmentInProcess
103333000 usd
CY2023Q4 us-gaap Development In Process
DevelopmentInProcess
118745000 usd
CY2024Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
24385492000 usd
CY2023Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
24555873000 usd
CY2024Q3 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
131527000 usd
CY2023Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
0 usd
CY2024Q3 exr Number Of Stores With Amended Leases
NumberOfStoresWithAmendedLeases
27 store
CY2024Q3 exr Number Of Stores With New Triple Net Lease Agreements
NumberOfStoresWithNewTripleNetLeaseAgreements
12 store
CY2024Q3 exr Number Of Stores With Amended Leases
NumberOfStoresWithAmendedLeases
27 store
CY2024Q3 exr Number Of Stores With New Triple Net Lease Agreements
NumberOfStoresWithNewTripleNetLeaseAgreements
12 store
CY2024Q3 exr Number Of Operating Stores Held For Sale
NumberOfOperatingStoresHeldForSale
17 store
CY2024Q3 exr Number Of Operating Stores Held For Sale
NumberOfOperatingStoresHeldForSale
17 store
CY2024Q3 exr Gains Losses On Real Estate Transactions And Earn Out From Prior Acquisition And Sale Of Other Assets
GainsLossesOnRealEstateTransactionsAndEarnOutFromPriorAcquisitionAndSaleOfOtherAssets
-8961000 usd
CY2024Q3 us-gaap Goodwill
Goodwill
170811000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
170811000 usd
CY2024Q3 us-gaap Accounts Receivable Net
AccountsReceivableNet
112748000 usd
CY2023Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
134716000 usd
CY2024Q3 exr Prepaid Expense And Deposits
PrepaidExpenseAndDeposits
97521000 usd
CY2023Q4 exr Prepaid Expense And Deposits
PrepaidExpenseAndDeposits
85153000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
39498000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
66332000 usd
CY2024Q3 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
0 usd
CY2023Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
50000000 usd
CY2024Q3 us-gaap Derivative Assets
DerivativeAssets
11716000 usd
CY2023Q4 us-gaap Derivative Assets
DerivativeAssets
26183000 usd
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
50065000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
48697000 usd
CY2024Q3 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
8108000 usd
CY2023Q4 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
9787000 usd
CY2024Q3 us-gaap Restricted Cash
RestrictedCash
5394000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
6021000 usd
CY2024Q3 us-gaap Other Assets
OtherAssets
495861000 usd
CY2023Q4 us-gaap Other Assets
OtherAssets
597700000 usd
CY2024Q3 exr Gain Loss On Impairment Of Intangible Asset Indefinite Lived
GainLossOnImpairmentOfIntangibleAssetIndefiniteLived
-51763000 usd
CY2024Q3 exr Average Share Price Per Share
AverageSharePricePerShare
168.78
CY2023Q3 exr Average Share Price Per Share
AverageSharePricePerShare
134.24
CY2024Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1133472 shares
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
10201034 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1330456 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9177170 shares
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
193210000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
188350000 usd
us-gaap Net Income Loss
NetIncomeLoss
592194000 usd
us-gaap Net Income Loss
NetIncomeLoss
587064000 usd
CY2024Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
392000 usd
CY2023Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
304000 usd
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1141000 usd
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
931000 usd
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
192818000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
188046000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
591053000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
586133000 usd
CY2024Q3 exr Net Income Loss Attributable To Noncontrolling Interest In Operating Partnership
NetIncomeLossAttributableToNoncontrollingInterestInOperatingPartnership
7800000 usd
CY2023Q3 exr Net Income Loss Attributable To Noncontrolling Interest In Operating Partnership
NetIncomeLossAttributableToNoncontrollingInterestInOperatingPartnership
0 usd
exr Net Income Loss Attributable To Noncontrolling Interest In Operating Partnership
NetIncomeLossAttributableToNoncontrollingInterestInOperatingPartnership
24136000 usd
exr Net Income Loss Attributable To Noncontrolling Interest In Operating Partnership
NetIncomeLossAttributableToNoncontrollingInterestInOperatingPartnership
0 usd
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
200618000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
188046000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
615189000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
586133000 usd
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
211698436 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
195324444 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
211522578 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
155112071 shares
CY2024Q3 exr Incremental Common Shares Attributable To Conversion Of Operating Partnership Units
IncrementalCommonSharesAttributableToConversionOfOperatingPartnershipUnits
8597656 shares
CY2023Q3 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
8651915 shares
exr Incremental Common Shares Attributable To Conversion Of Operating Partnership Units
IncrementalCommonSharesAttributableToConversionOfOperatingPartnershipUnits
0 shares
CY2024Q3 exr Incremental Common Shares Attributable To Share Based Payment Arrangements Stock Options
IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsStockOptions
2778 shares
CY2023Q3 exr Incremental Common Shares Attributable To Share Based Payment Arrangements Stock Options
IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsStockOptions
3576 shares
exr Incremental Common Shares Attributable To Share Based Payment Arrangements Stock Options
IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsStockOptions
3199 shares
exr Incremental Common Shares Attributable To Share Based Payment Arrangements Stock Options
IncrementalCommonSharesAttributableToShareBasedPaymentArrangementsStockOptions
4078 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
220298870 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
195328020 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
220177692 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
155116149 shares
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.91
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.96
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.79
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.78
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.91
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.96
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.79
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.78
CY2024Q3 exr Equity Method Investment Number Of Stores
EquityMethodInvestmentNumberOfStores
460 property
CY2024Q3 exr Investment In Unconsolidated Real Estate Entities Net Of Distributions
InvestmentInUnconsolidatedRealEstateEntitiesNetOfDistributions
986040000 usd
CY2023Q4 exr Investment In Unconsolidated Real Estate Entities Net Of Distributions
InvestmentInUnconsolidatedRealEstateEntitiesNetOfDistributions
1000548000 usd
CY2024Q3 us-gaap Dividends Receivable
DividendsReceivable
6375000 usd
CY2023Q4 us-gaap Dividends Receivable
DividendsReceivable
10042000 usd
CY2024Q3 exr Debt Securities Held To Maturity And Financing Receivable After Allowance For Credit Loss And Interest Receivable
DebtSecuritiesHeldToMaturityAndFinancingReceivableAfterAllowanceForCreditLossAndInterestReceivable
1338619000 usd
CY2023Q4 exr Debt Securities Held To Maturity And Financing Receivable After Allowance For Credit Loss And Interest Receivable
DebtSecuritiesHeldToMaturityAndFinancingReceivableAfterAllowanceForCreditLossAndInterestReceivable
904769000 usd
CY2020Q4 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
300000000 usd
CY2020Q4 exr Debt Securities Held To Maturity Term
DebtSecuritiesHeldToMaturityTerm
P6Y
CY2020Q4 exr Debt Securities Held To Maturity Extension Option
DebtSecuritiesHeldToMaturityExtensionOption
2 extension_option
CY2020Q4 exr Debt Securities Held To Maturity Extension Term
DebtSecuritiesHeldToMaturityExtensionTerm
P1Y
CY2020Q4 exr Debt Securities Held To Maturity Period After Which Preferred Dividends Increase Annually
DebtSecuritiesHeldToMaturityPeriodAfterWhichPreferredDividendsIncreaseAnnually
P6Y
CY2024Q3 exr Financing Receivable Percent Held As Mortgage Receivables
FinancingReceivablePercentHeldAsMortgageReceivables
0.71 rate
CY2024Q3 exr Financing Receivable Extension Option
FinancingReceivableExtensionOption
2 extension_option
exr Financing Receivable Extension Term
FinancingReceivableExtensionTerm
P1Y
CY2024Q3 exr Number Of Debt Securities Past Due Or Nonaccrual Status
NumberOfDebtSecuritiesPastDueOrNonaccrualStatus
1 debt_security
CY2024Q3 exr Debt Instrument Fixed Rate Debt To Total Debt Rate
DebtInstrumentFixedRateDebtToTotalDebtRate
0.783
CY2024Q3 us-gaap Long Term Debt Percentage Bearing Fixed Interest Rate
LongTermDebtPercentageBearingFixedInterestRate
0.040
CY2024Q3 us-gaap Long Term Debt Percentage Bearing Variable Interest Rate
LongTermDebtPercentageBearingVariableInterestRate
0.060
CY2024Q3 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.045
CY2024Q3 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
7681000 usd
CY2024Q3 us-gaap Derivative Number Of Instruments Held
DerivativeNumberOfInstrumentsHeld
14 derivative
CY2024Q3 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
1382568000 usd
CY2024Q3 exr Derivative With Contingent Features Fair Value Of Asset Liability Net
DerivativeWithContingentFeaturesFairValueOfAssetLiabilityNet
-5423000 usd
CY2024Q3 exr Derivative Termination Value
DerivativeTerminationValue
5423000 usd
CY2023Q4 srt Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
500000000 usd
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0 shares
CY2023 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0 shares
CY2024Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
500000000 usd
CY2023Q3 us-gaap Stock Issued During Period Shares Acquisitions
StockIssuedDuringPeriodSharesAcquisitions
76217359 shares
CY2023Q3 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
148.96
CY2023Q3 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
11353338000 usd
CY2024Q3 us-gaap Minority Interest In Preferred Unit Holders
MinorityInterestInPreferredUnitHolders
191306000 usd
CY2023Q4 us-gaap Minority Interest In Preferred Unit Holders
MinorityInterestInPreferredUnitHolders
222360000 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
CY2024Q3 exr Common Stock Average Closing Market Price
CommonStockAverageClosingMarketPrice
180.16
CY2024Q3 us-gaap Preferred Units Outstanding
PreferredUnitsOutstanding
8577570 shares
CY2024Q3 exr Operating Partnership Units Redemption Amount
OperatingPartnershipUnitsRedemptionAmount
1545335000 usd
exr Noncontrolling Interest Operating Partnership Units Redeemed For Common Stock
NoncontrollingInterestOperatingPartnershipUnitsRedeemedForCommonStock
308024 shares
exr Noncontrolling Interest Operating Partnership Units Redeemed For Common Stock
NoncontrollingInterestOperatingPartnershipUnitsRedeemedForCommonStock
0 shares
CY2023Q3 exr Noncontrolling Interest Operating Partnership Units Issued With Acquisition
NoncontrollingInterestOperatingPartnershipUnitsIssuedWithAcquisition
0 shares
CY2023Q3 exr Noncontrolling Interest Operating Partnership Units Issued With Acquisition
NoncontrollingInterestOperatingPartnershipUnitsIssuedWithAcquisition
1674748 shares
CY2023Q3 exr Noncontrolling Interest Operating Partnership Units Issued With Acquisition Value
NoncontrollingInterestOperatingPartnershipUnitsIssuedWithAcquisitionValue
0 usd
CY2023Q3 exr Noncontrolling Interest Operating Partnership Units Issued With Acquisition Value
NoncontrollingInterestOperatingPartnershipUnitsIssuedWithAcquisitionValue
249470000 usd
CY2024Q3 exr Real Estate Consolidated Joint Ventures Number
RealEstateConsolidatedJointVenturesNumber
9 joint_venture
CY2024Q3 exr Total Number Of Stores In Consolidated Joint Ventures
TotalNumberOfStoresInConsolidatedJointVentures
13 store
CY2024Q3 exr Number Of Joint Ventures Operating
NumberOfJointVenturesOperating
7 joint_venture
CY2024Q3 exr Number Of Joint Ventures With Property Under Development
NumberOfJointVenturesWithPropertyUnderDevelopment
6 store
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
29882000 usd
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
28019000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
89888000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
71609000 usd
CY2024Q3 exr Asset Acquisition Acquisition Related Costs
AssetAcquisitionAcquisitionRelatedCosts
0 usd
CY2023Q3 exr Asset Acquisition Acquisition Related Costs
AssetAcquisitionAcquisitionRelatedCosts
54174000 usd
exr Asset Acquisition Acquisition Related Costs
AssetAcquisitionAcquisitionRelatedCosts
0 usd
exr Asset Acquisition Acquisition Related Costs
AssetAcquisitionAcquisitionRelatedCosts
54174000 usd
CY2024Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
39750000 usd
CY2023Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
37406000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
123373000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
107011000 usd
CY2024Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
195046000 usd
CY2023Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
152338000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
586821000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
309914000 usd
CY2024Q3 exr Gains Losses On Real Estate Transactions And Earn Out From Prior Acquisition And Sale Of Other Assets
GainsLossesOnRealEstateTransactionsAndEarnOutFromPriorAcquisitionAndSaleOfOtherAssets
-8961000 usd
CY2023Q3 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
-63620000 usd
exr Gains Losses On Real Estate Transactions And Earn Out From Prior Acquisition And Sale Of Other Assets
GainsLossesOnRealEstateTransactionsAndEarnOutFromPriorAcquisitionAndSaleOfOtherAssets
0 usd
CY2024Q3 exr Interest Expense Excluding Amortization Of Debt Discount Premium
InterestExpenseExcludingAmortizationOfDebtDiscountPremium
142855000 usd
CY2023Q3 exr Interest Expense Excluding Amortization Of Debt Discount Premium
InterestExpenseExcludingAmortizationOfDebtDiscountPremium
122899000 usd
exr Interest Expense Excluding Amortization Of Debt Discount Premium
InterestExpenseExcludingAmortizationOfDebtDiscountPremium
412875000 usd
exr Interest Expense Excluding Amortization Of Debt Discount Premium
InterestExpenseExcludingAmortizationOfDebtDiscountPremium
289370000 usd
CY2024Q3 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
11005000 usd
CY2023Q3 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
8228000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
32563000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
8228000 usd
CY2024Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
34947000 usd
CY2023Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
22092000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
89746000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
62607000 usd
CY2024Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
16246000 usd
CY2023Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
15043000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
48508000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
38602000 usd
CY2024Q3 exr Equity Method Investments Gain Loss On Sale Of Real Estate Assets And Purchase Of Joint Venture Partner Interest
EquityMethodInvestmentsGainLossOnSaleOfRealEstateAssetsAndPurchaseOfJointVenturePartnerInterest
13730000 usd
CY2023Q3 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
13730000 usd
exr Equity Method Investments Gain Loss On Sale Of Real Estate Assets And Purchase Of Joint Venture Partner Interest
EquityMethodInvestmentsGainLossOnSaleOfRealEstateAssetsAndPurchaseOfJointVenturePartnerInterest
0 usd
CY2024Q3 exr Gain Loss On Impairment Of Intangible Asset Indefinite Lived
GainLossOnImpairmentOfIntangibleAssetIndefiniteLived
-51763000 usd
CY2023Q3 exr Gain Loss On Impairment Of Intangible Asset Indefinite Lived
GainLossOnImpairmentOfIntangibleAssetIndefiniteLived
0 usd
exr Gain Loss On Impairment Of Intangible Asset Indefinite Lived
GainLossOnImpairmentOfIntangibleAssetIndefiniteLived
-51763000 usd
exr Gain Loss On Impairment Of Intangible Asset Indefinite Lived
GainLossOnImpairmentOfIntangibleAssetIndefiniteLived
0 usd
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
10857000 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6944000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
27443000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17238000 usd
CY2024Q3 us-gaap Profit Loss
ProfitLoss
202945000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
198856000 usd
us-gaap Profit Loss
ProfitLoss
622431000 usd
us-gaap Profit Loss
ProfitLoss
623046000 usd
CY2024Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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