$PSA
Public Storage Stock $psa

$psa Overview Financials Valuation SEC Filings Company Website

2022 Q1 Form 10-Q Financial Statement

#000139331122000018 Filed on May 03, 2022

Income Statement

Concept	2022 Q1	2021 Q1
Revenue	$973.4M	$767.3M
YoY Change	26.87%	6.71%
Cost Of Revenue	$261.0M	$228.4M
YoY Change	14.28%	4.34%
Gross Profit	$712.4M	$538.8M
YoY Change	32.23%	8.37%
Gross Profit Margin	73.19%	70.22%
Selling, General & Admin	$22.83M	$17.80M
YoY Change	28.25%	-4.3%
% of Gross Profit	3.2%	3.3%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$222.1M	$146.9M
YoY Change	51.25%	8.06%
% of Gross Profit	31.18%	27.26%
Operating Expenses	$245.0M	$164.7M
YoY Change	48.73%	6.6%
Operating Profit	$467.5M	$374.1M
YoY Change	24.96%	9.16%
Interest Expense	$33.12M	$15.25M
YoY Change	117.21%	11.96%
% of Operating Profit	7.09%	4.08%
Other Income/Expense, Net
YoY Change
Pretax Income	$516.3M	$434.3M
YoY Change	18.88%	18.31%
Income Tax
% Of Pretax Income
Net Earnings	$513.9M	$433.0M
YoY Change	18.68%	18.27%
Net Earnings / Revenue	52.8%	56.44%
Basic Earnings Per Share	$2.65	$2.21
Diluted Earnings Per Share	$2.63	$2.21
COMMON SHARES
Basic Shares Outstanding	175.2M shares	174.6M shares
Diluted Shares Outstanding	176.3M shares	174.8M shares

Balance Sheet

Concept	2022 Q1	2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$940.5M	$160.0M
YoY Change	487.83%	-77.72%
Cash & Equivalents	$940.5M	$159.6M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$940.5M	$160.0M
YoY Change	487.83%	-77.72%
LONG-TERM ASSETS
Property, Plant & Equipment	$15.42B	$10.56B
YoY Change	46.05%	6.02%
Goodwill	$165.8M	$165.8M
YoY Change	0.03%	-5.04%
Intangibles
YoY Change
Long-Term Investments	$850.6M	$771.0M
YoY Change	10.33%	1.05%
Other Assets
YoY Change
Total Long-Term Assets	$16.76B	$11.82B
YoY Change	41.76%	6.43%
TOTAL ASSETS
Total Short-Term Assets	$940.5M	$160.0M
Total Long-Term Assets	$16.76B	$11.82B
Total Assets	$17.70B	$11.98B
YoY Change	47.71%	1.32%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$454.0M	$368.0M
YoY Change	23.36%	3.08%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$454.0M	$368.0M
YoY Change	23.36%	3.08%
LONG-TERM LIABILITIES
Long-Term Debt	$7.442B	$2.996B
YoY Change	148.39%	22.84%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$7.442B	$2.996B
YoY Change	148.39%	22.84%
TOTAL LIABILITIES
Total Short-Term Liabilities	$454.0M	$368.0M
Total Long-Term Liabilities	$7.442B	$2.996B
Total Liabilities	$7.896B	$3.364B
YoY Change	134.68%	20.34%
SHAREHOLDERS EQUITY
Retained Earnings	-$436.1M	-$877.9M
YoY Change	-50.33%	25.2%
Common Stock	$17.52M	$17.47M
YoY Change	0.32%	0.1%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$9.699B	$8.598B
YoY Change
Total Liabilities & Shareholders Equity	$17.70B	$11.98B
YoY Change	47.71%	1.32%

Cashflow Statement

Concept	2022 Q1	2021 Q1
OPERATING ACTIVITIES
Net Income	$513.9M	$433.0M
YoY Change	18.68%	18.27%
Depreciation, Depletion And Amortization	$222.1M	$146.9M
YoY Change	51.25%	8.06%
Cash From Operating Activities	$656.2M	$509.2M
YoY Change	28.89%	9.98%
INVESTING ACTIVITIES
Capital Expenditures	-$288.5M	-$415.3M
YoY Change	-30.52%	42.57%
Acquisitions
YoY Change
Other Investing Activities	$0.00	$11.60M
YoY Change	-100.0%	728.57%
Cash From Investing Activities	-$288.5M	-$403.7M
YoY Change	-28.53%	39.26%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$8.073M	$4.703M
YoY Change	71.66%	166.76%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-$161.3M	-$203.0M
YoY Change	-20.55%	-249.8%
NET CHANGE
Cash From Operating Activities	$656.2M	$509.2M
Cash From Investing Activities	-$288.5M	-$403.7M
Cash From Financing Activities	-$161.3M	-$203.0M
Net Change In Cash	$206.6M	-$97.36M
YoY Change	-312.24%	-131.55%
FREE CASH FLOW
Cash From Operating Activities	$656.2M	$509.2M
Capital Expenditures	-$288.5M	-$415.3M
Free Cash Flow	$944.8M	$924.5M
YoY Change	2.2%	22.57%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022Q1	dei	Amendment Flag AmendmentFlag	false
CY2022Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
CY2022Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2022Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2022Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001393311
CY2022Q1	dei	Document Type DocumentType	10-Q
CY2022Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2022Q1	dei	Document Period End Date DocumentPeriodEndDate	2022-03-31
CY2022Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2022Q1	dei	Entity File Number EntityFileNumber	001-33519
CY2022Q1	dei	Entity Registrant Name EntityRegistrantName	Public Storage
CY2022Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	MD
CY2022Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-6795000	USD
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	9719261000	USD
CY2022Q1	us-gaap	Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests	83826000	USD
CY2020Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	8576899000	USD
CY2020Q4	us-gaap	Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests	0	USD
CY2021Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	3489000	USD
CY2021Q1	us-gaap	Minority Interest Decrease From Redemptions MinorityInterestDecreaseFromRedemptions	33000	USD
CY2021Q1	psa	Contributions By Noncontrolling Interest ContributionsByNoncontrollingInterest	1380000	USD
CY2021Q1	us-gaap	Profit Loss ProfitLoss	434262000	USD
CY2021Q1	us-gaap	Dividends Preferred Stock DividendsPreferredStock	46080000	USD
CY2021Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	1269000	USD
CY2021Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	2.00
CY2021Q1	us-gaap	Dividends Common Stock DividendsCommonStock	350096000	USD
CY2021Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-5940000	USD
CY2021Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	8617315000	USD
CY2021Q1	us-gaap	Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests	0	USD
CY2022Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	95-3551121
CY2022Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	701 Western Avenue
CY2022Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Glendale
CY2022Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	CA
CY2022Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	91201-2349
CY2022Q1	dei	City Area Code CityAreaCode	818
CY2022Q1	dei	Local Phone Number LocalPhoneNumber	244-8080
CY2022Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2022Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2022Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2022Q1	dei	Entity Small Business EntitySmallBusiness	false
CY2022Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2022Q1	dei	Entity Shell Company EntityShellCompany	false
CY2022Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	175528938	shares
CY2022Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	940524000	USD
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	734599000	USD
CY2022Q1	us-gaap	Land Land	5156795000	USD
CY2021Q4	us-gaap	Land Land	5134060000	USD
CY2022Q1	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	17886912000	USD
CY2021Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	17673773000	USD
CY2022Q1	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	23043707000	USD
CY2021Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	22807833000	USD
CY2022Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	7958536000	USD
CY2021Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	7773308000	USD
CY2022Q1	psa	Real Estate Facilities Net RealEstateFacilitiesNet	15085171000	USD
CY2021Q4	psa	Real Estate Facilities Net RealEstateFacilitiesNet	15034525000	USD
CY2022Q1	us-gaap	Development In Process DevelopmentInProcess	337552000	USD
CY2021Q4	us-gaap	Development In Process DevelopmentInProcess	272471000	USD
CY2022Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	15422723000	USD
CY2021Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	15306996000	USD
CY2022Q1	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	850649000	USD
CY2021Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	828763000	USD
CY2022Q1	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	271127000	USD
CY2021Q4	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	302894000	USD
CY2022Q1	us-gaap	Other Assets OtherAssets	213758000	USD
CY2021Q4	us-gaap	Other Assets OtherAssets	207656000	USD
CY2022Q1	us-gaap	Assets Assets	17698781000	USD
CY2021Q4	us-gaap	Assets Assets	17380908000	USD
CY2022Q1	us-gaap	Long Term Debt LongTermDebt	7441723000	USD
CY2021Q4	us-gaap	Long Term Debt LongTermDebt	7475279000	USD
CY2022Q1	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	453971000	USD
CY2021Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	482091000	USD
CY2022Q1	us-gaap	Liabilities Liabilities	7895694000	USD
CY2021Q4	us-gaap	Liabilities Liabilities	7957370000	USD
CY2022Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2021Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2022Q1	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	83826000	USD
CY2021Q4	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	68249000	USD
CY2021Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2022Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2022Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2021Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2022Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	174000	shares
CY2022Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	174000	shares
CY2021Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	164000	shares
CY2021Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	164000	shares
CY2022Q1	us-gaap	Preferred Stock Value PreferredStockValue	4350000000	USD
CY2021Q4	us-gaap	Preferred Stock Value PreferredStockValue	4100000000	USD
CY2022Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.10
CY2021Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.10
CY2021Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	650000000	shares
CY2022Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	650000000	shares
CY2022Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	175212439	shares
CY2022Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	175212439	shares
CY2021Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	175134455	shares
CY2021Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	175134455	shares
CY2022Q1	us-gaap	Common Stock Value CommonStockValue	17521000	USD
CY2021Q4	us-gaap	Common Stock Value CommonStockValue	17513000	USD
CY2022Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	5827674000	USD
CY2021Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	5821667000	USD
CY2022Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-436101000	USD
CY2021Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-550416000	USD
CY2022Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-60382000	USD
CY2021Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-53587000	USD
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	9698712000	USD
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	9335177000	USD
CY2022Q1	us-gaap	Minority Interest MinorityInterest	20549000	USD
CY2021Q4	us-gaap	Minority Interest MinorityInterest	20112000	USD
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	9719261000	USD
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	9355289000	USD
CY2022Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	17698781000	USD
CY2021Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	17380908000	USD
CY2022Q1	us-gaap	Revenues Revenues	973445000	USD
CY2021Q1	us-gaap	Revenues Revenues	767262000	USD
CY2022Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	222128000	USD
CY2021Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	146859000	USD
CY2022Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	23069000	USD
CY2021Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	19574000	USD
CY2022Q1	us-gaap	Interest Expense InterestExpense	33124000	USD
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CY2021Q1	us-gaap	Interest And Other Income InterestAndOtherIncome	2852000	USD
CY2022Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	43424000	USD
CY2021Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	19456000	USD
CY2022Q1	psa	Foreign Exchange Fluctuation ForeignExchangeFluctuation	35377000	USD
CY2021Q1	psa	Foreign Exchange Fluctuation ForeignExchangeFluctuation	45385000	USD
CY2022Q1	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	0	USD
CY2021Q1	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	9413000	USD
CY2022Q1	us-gaap	Profit Loss ProfitLoss	516295000	USD
CY2021Q1	us-gaap	Profit Loss ProfitLoss	434262000	USD
CY2022Q1	us-gaap	Income Loss Attributable To Noncontrolling Interest IncomeLossAttributableToNoncontrollingInterest	2352000	USD
CY2021Q1	us-gaap	Income Loss Attributable To Noncontrolling Interest IncomeLossAttributableToNoncontrollingInterest	1226000	USD
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	513943000	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	433036000	USD
CY2022Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	48365000	USD
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CY2022Q1	psa	Restricted Share Units RestrictedShareUnits	1454000	USD
CY2021Q1	psa	Restricted Share Units RestrictedShareUnits	1146000	USD
CY2022Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	464124000	USD
CY2021Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	385810000	USD
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.65
CY2021Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.21
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CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	175170000	shares
CY2021Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	174611000	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	176336000	shares
CY2021Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	174840000	shares
CY2022Q1	us-gaap	Profit Loss ProfitLoss	516295000	USD
CY2021Q1	us-gaap	Profit Loss ProfitLoss	434262000	USD
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CY2021Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	428322000	USD
CY2022Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	2352000	USD
CY2021Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	1226000	USD
CY2022Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	507148000	USD
CY2021Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	427096000	USD
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	9355289000	USD
CY2021Q4	us-gaap	Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests	68249000	USD
CY2022Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	10574000	USD
CY2022Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	15650000	USD
CY2022Q1	psa	Contributions By Noncontrolling Interest ContributionsByNoncontrollingInterest	791000	USD
CY2022Q1	psa	Temporary Equity Noncontrolling Interest Contributions From Noncontrolling Interest TemporaryEquityNoncontrollingInterestContributionsFromNoncontrollingInterest	15426000	USD
CY2022Q1	us-gaap	Profit Loss ProfitLoss	516295000	USD
CY2022Q1	psa	Temporary Equity Income Loss Attributable To Noncontrolling Interest Before Tax TemporaryEquityIncomeLossAttributableToNoncontrollingInterestBeforeTax	-660000	USD
CY2022Q1	us-gaap	Dividends Preferred Stock DividendsPreferredStock	48365000	USD
CY2022Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	2046000	USD
CY2022Q1	psa	Temporary Equity Noncontrolling Interest Decrease From Distributions To Noncontrolling Interest Holders TemporaryEquityNoncontrollingInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	509000	USD
CY2022Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	2.00
CY2022Q1	us-gaap	Dividends Common Stock DividendsCommonStock	351263000	USD
CY2021Q1	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	9413000	USD
CY2022Q1	us-gaap	Profit Loss ProfitLoss	516295000	USD
CY2021Q1	us-gaap	Profit Loss ProfitLoss	434262000	USD
CY2022Q1	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	0	USD
CY2022Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	222128000	USD
CY2021Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	146859000	USD
CY2022Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	43424000	USD
CY2021Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	19456000	USD
CY2022Q1	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	15501000	USD
CY2021Q1	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	15487000	USD
CY2022Q1	psa	Foreign Exchange Fluctuation ForeignExchangeFluctuation	35377000	USD
CY2021Q1	psa	Foreign Exchange Fluctuation ForeignExchangeFluctuation	45385000	USD
CY2022Q1	us-gaap	Share Based Compensation ShareBasedCompensation	13928000	USD
CY2021Q1	us-gaap	Share Based Compensation ShareBasedCompensation	14407000	USD
CY2022Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	32810000	USD
CY2021Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	27599000	USD
CY2022Q1	us-gaap	Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	139946000	USD
CY2021Q1	us-gaap	Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	74900000	USD
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	656241000	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	509162000	USD
CY2022Q1	psa	Capital Expenditures To Maintain Real Estate Facilities CapitalExpendituresToMaintainRealEstateFacilities	99549000	USD
CY2021Q1	psa	Capital Expenditures To Maintain Real Estate Facilities CapitalExpendituresToMaintainRealEstateFacilities	36551000	USD
CY2022Q1	psa	Development And Expansion Of Real Estate Facilities DevelopmentAndExpansionOfRealEstateFacilities	76705000	USD
CY2021Q1	psa	Development And Expansion Of Real Estate Facilities DevelopmentAndExpansionOfRealEstateFacilities	61213000	USD
CY2022Q1	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	112277000	USD
CY2021Q1	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	203108000	USD
CY2022Q1	psa	Real Estate Deposits And Costs For Pending Acquisitions RealEstateDepositsAndCostsForPendingAcquisitions	0	USD
CY2021Q1	psa	Real Estate Deposits And Costs For Pending Acquisitions RealEstateDepositsAndCostsForPendingAcquisitions	114415000	USD
CY2022Q1	us-gaap	Proceeds From Real Estate And Real Estate Joint Ventures ProceedsFromRealEstateAndRealEstateJointVentures	0	USD
CY2021Q1	us-gaap	Proceeds From Real Estate And Real Estate Joint Ventures ProceedsFromRealEstateAndRealEstateJointVentures	11562000	USD
CY2022Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-288531000	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-403725000	USD
CY2022Q1	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	236000	USD
CY2021Q1	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	527000	USD
CY2022Q1	us-gaap	Proceeds From Issuance Of Unsecured Debt ProceedsFromIssuanceOfUnsecuredDebt	0	USD
CY2021Q1	us-gaap	Proceeds From Issuance Of Unsecured Debt ProceedsFromIssuanceOfUnsecuredDebt	496235000	USD
CY2022Q1	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	242832000	USD
CY2021Q1	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	0	USD
CY2022Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	8073000	USD
CY2021Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	4703000	USD
CY2022Q1	us-gaap	Payments For Repurchase Of Preferred Stock And Preference Stock PaymentsForRepurchaseOfPreferredStockAndPreferenceStock	0	USD
CY2021Q1	us-gaap	Payments For Repurchase Of Preferred Stock And Preference Stock PaymentsForRepurchaseOfPreferredStockAndPreferenceStock	300000000	USD
CY2022Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	10574000	USD
CY2021Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	7284000	USD
CY2022Q1	psa	Acquisition Of Nonredeemable Noncontrolling Interests In Subsidiaries AcquisitionOfNonredeemableNoncontrollingInterestsInSubsidiaries	0	USD
CY2021Q1	psa	Acquisition Of Nonredeemable Noncontrolling Interests In Subsidiaries AcquisitionOfNonredeemableNoncontrollingInterestsInSubsidiaries	33000	USD
CY2022Q1	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	791000	USD
CY2021Q1	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	1380000	USD
CY2022Q1	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	399584000	USD
CY2021Q1	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	396176000	USD
CY2022Q1	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	2555000	USD
CY2021Q1	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	1269000	USD
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-161253000	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-202971000	USD
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	206457000	USD
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-97534000	USD
CY2022Q1	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	173000	USD
CY2021Q1	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	178000	USD
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	206630000	USD
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-97356000	USD
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	734599000	USD
CY2020Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	257560000	USD
CY2021Q4	us-gaap	Restricted Cash RestrictedCash	26691000	USD
CY2020Q4	us-gaap	Restricted Cash RestrictedCash	25040000	USD
CY2022Q1	us-gaap	Increase Decrease In Intangible Assets Current IncreaseDecreaseInIntangibleAssetsCurrent	2200000	USD
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	761290000	USD
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	282600000	USD
CY2022Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	940524000	USD
CY2021Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	159622000	USD
CY2022Q1	us-gaap	Restricted Cash RestrictedCash	27396000	USD
CY2021Q1	us-gaap	Restricted Cash RestrictedCash	25622000	USD
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	967920000	USD
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	185244000	USD
CY2022Q1	psa	Capital Expenditures To Maintain Real Estate Facilities Remaining Unpaid At Period End CapitalExpendituresToMaintainRealEstateFacilitiesRemainingUnpaidAtPeriodEnd	-14119000	USD
CY2021Q1	psa	Capital Expenditures To Maintain Real Estate Facilities Remaining Unpaid At Period End CapitalExpendituresToMaintainRealEstateFacilitiesRemainingUnpaidAtPeriodEnd	-9018000	USD
CY2022Q1	psa	Construction In Process Remaining Unpaid At Period End ConstructionInProcessRemainingUnpaidAtPeriodEnd	-42245000	USD
CY2021Q1	psa	Construction In Process Remaining Unpaid At Period End ConstructionInProcessRemainingUnpaidAtPeriodEnd	-21886000	USD
CY2022Q1	psa	Real Estate Acquired In Exchange For Noncontrolling Interests RealEstateAcquiredInExchangeForNoncontrollingInterests	-15426000	USD
CY2021Q1	psa	Real Estate Acquired In Exchange For Noncontrolling Interests RealEstateAcquiredInExchangeForNoncontrollingInterests	0	USD
CY2022Q1	psa	Real Estate Investment Property At Cost Capital Improvements RealEstateInvestmentPropertyAtCostCapitalImprovements	91344000	USD
CY2022Q1	psa	Real Estate Investment Property At Cost Acquisition Of Real Estate Facilities RealEstateInvestmentPropertyAtCostAcquisitionOfRealEstateFacilities	125534000	USD
CY2022Q1	psa	Real Estate Investment Property At Cost Disposition Of Real Estate Facilities RealEstateInvestmentPropertyAtCostDispositionOfRealEstateFacilities	383000	USD
CY2022Q1	us-gaap	Nature Of Operations NatureOfOperations	Description of the Business<div style="margin-bottom:12pt;padding-left:18pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Public Storage (referred to herein as “the Company,” “we,” “us,” or “our”), a Maryland real estate investment trust (“REIT”), was organized in 1980. Our principal business activities include the ownership and operation of self-storage facilities that offer storage spaces for lease, generally on a month-to-month basis, for personal and business use, ancillary activities such as tenant reinsurance, merchandise sales, and third party management, as well as the acquisition and development of additional self-storage space. </span></div><div style="margin-bottom:12pt;padding-left:18pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">At March 31, 2022, we have direct and indirect equity interests in 2,797 self-storage facilities (with approximately 199.1 million net rentable square feet) located in 39 states in the United States (“U.S.”) operating under the Public Storage® name, and 0.9 million net rentable square feet of commercial and retail space. </span></div><div style="margin-bottom:12pt;padding-left:18pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We own an approximate 35% common equity interest in Shurgard Self Storage SA (“Shurgard”), a public company traded on Euronext Brussels under the “SHUR” symbol, which owns 254 self-storage facilities (with approximately 14 million net rentable square feet) located in seven Western European countries, all operating under the Shurgard® name. We also own an approximate 41% common equity interest in PS Business Parks, Inc. (“PSB”), a REIT traded on the New York Stock Exchange under the “PSB” symbol, which owns 27 million net rentable square feet of commercial properties, primarily multi-tenant industrial, flex, and office space, located in six states.</span></div>Disclosures of the number and square footage of facilities, as well as the number and coverage of tenant reinsurance policies (Note 14) are unaudited and outside the scope of our independent registered public accounting firm’s review of our financial statements in accordance with the standards of the Public Company Accounting Oversight Board (U.S.).
CY2021Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	22807833000	USD
CY2022Q1	psa	Real Estate Investment Property At Cost Newly Developed Facilities Opened For Operation RealEstateInvestmentPropertyAtCostNewlyDevelopedFacilitiesOpenedForOperation	19379000	USD
CY2022Q1	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	23043707000	USD
CY2021Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	7773308000	USD
CY2022Q1	us-gaap	Depreciation Depreciation	185409000	USD
CY2022Q1	psa	Accumulated Depreciation On Real Estate Investments Disposed AccumulatedDepreciationOnRealEstateInvestmentsDisposed	181000	USD
CY2022Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	7958536000	USD
CY2021Q4	us-gaap	Development In Process DevelopmentInProcess	272471000	USD
CY2022Q1	psa	Development In Process Current DevelopmentInProcessCurrent	84460000	USD
CY2022Q1	psa	Development In Process Developed Or Redeveloped Facilities Opened For Operation DevelopmentInProcessDevelopedOrRedevelopedFacilitiesOpenedForOperation	19379000	USD
CY2022Q1	us-gaap	Development In Process DevelopmentInProcess	337552000	USD
CY2022Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	15422723000	USD
CY2022Q1	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	850649000	USD
CY2021Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	828763000	USD
CY2022Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	43424000	USD
CY2021Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	19456000	USD
CY2022Q1	us-gaap	Foreign Currency Exchange Rate Translation1 ForeignCurrencyExchangeRateTranslation1	1.111
CY2022Q1	us-gaap	Goodwill Gross GoodwillGross	165843000	USD
CY2022Q1	us-gaap	Goodwill Goodwill	165843000	USD
CY2021Q4	us-gaap	Goodwill Gross GoodwillGross	165843000	USD
CY2021Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	6100000	USD
CY2021Q4	us-gaap	Goodwill Goodwill	165843000	USD
CY2022Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	196178000	USD
CY2022Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	109718000	USD
CY2022Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	86460000	USD
CY2021Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	198180000	USD
CY2021Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	79953000	USD
CY2021Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	118227000	USD
CY2022Q1	psa	Intangible Assets Gross Including Goodwill IntangibleAssetsGrossIncludingGoodwill	380845000	USD
CY2022Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	109718000	USD
CY2022Q1	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	271127000	USD
CY2021Q4	psa	Intangible Assets Gross Including Goodwill IntangibleAssetsGrossIncludingGoodwill	382847000	USD
CY2021Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	79953000	USD
CY2021Q4	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	302894000	USD
CY2022Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	33900000	USD
CY2022Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	54379000	USD
CY2022Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	24876000	USD
CY2022Q1	psa	Finite Lived Intangible Assets Amortization Expense Thereafter FiniteLivedIntangibleAssetsAmortizationExpenseThereafter	7205000	USD
CY2022Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	86460000	USD
CY2022Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	7486965000	USD
CY2022Q1	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	45242000	USD
CY2022Q1	us-gaap	Long Term Debt LongTermDebt	7441723000	USD
CY2022Q1	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	7059207000	USD
CY2021Q4	us-gaap	Long Term Debt LongTermDebt	7475279000	USD
CY2022Q1	psa	Foreign Exchange Fluctuation ForeignExchangeFluctuation	35400000	USD
CY2021Q4	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	7589932000	USD
CY2021Q1	psa	Foreign Exchange Fluctuation ForeignExchangeFluctuation	45400000	USD
CY2022Q1	us-gaap	Interest Paid InterestPaid	22200000	USD
CY2021Q1	us-gaap	Interest Paid InterestPaid	19400000	USD
CY2022Q1	us-gaap	Interest Paid Capitalized InterestPaidCapitalized	1200000	USD
CY2021Q1	us-gaap	Interest Paid Capitalized InterestPaidCapitalized	900000	USD
CY2022Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	174000	shares
CY2022Q1	us-gaap	Preferred Stock Liquidation Preference Value PreferredStockLiquidationPreferenceValue	4350000000	USD
CY2021Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	164000	shares
CY2021Q4	us-gaap	Preferred Stock Liquidation Preference Value PreferredStockLiquidationPreferenceValue	4100000000	USD
CY2022Q1	psa	Cumulative Arrearage Of Quarterly Dividends CumulativeArrearageOfQuarterlyDividends	6	dividend
CY2022Q1	psa	Number Of Additional Members Right To Elect NumberOfAdditionalMembersRightToElect	2	boardMember
CY2022Q1	us-gaap	Preferred Stock Amount Of Preferred Dividends In Arrears PreferredStockAmountOfPreferredDividendsInArrears	0	USD
CY2022Q1	psa	Affirmative Vote Of Outstanding Shares Of Series Of Preferred Shares Required For Any Material And Adverse Amendment To Terms Of Series Percent AffirmativeVoteOfOutstandingSharesOfSeriesOfPreferredSharesRequiredForAnyMaterialAndAdverseAmendmentToTermsOfSeriesPercent	0.6667
CY2022Q1	psa	Affirmative Vote Of Outstanding Shares Of All Preferred Shares Voting As Single Class Required To Issue Shares Ranking Senior To Preferred Shares Percent AffirmativeVoteOfOutstandingSharesOfAllPreferredSharesVotingAsSingleClassRequiredToIssueSharesRankingSeniorToPreferredSharesPercent	0.6667
CY2022Q1	us-gaap	Preferred Stock Redemption Price Per Share PreferredStockRedemptionPricePerShare	25.00
CY2022Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	351200000	USD
CY2022Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	2.00
CY2021Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	350100000	USD
CY2021Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	2.00
CY2022Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	48400000	USD
CY2021Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	46100000	USD
CY2022Q1	us-gaap	Related Party Transaction Amounts Of Transaction RelatedPartyTransactionAmountsOfTransaction	535000	USD
CY2021Q1	us-gaap	Related Party Transaction Amounts Of Transaction RelatedPartyTransactionAmountsOfTransaction	469000	USD
CY2022Q1	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	1000000	USD
CY2021Q1	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	1200000	USD
CY2022Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1 SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1	13928000	USD
CY2021Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1 SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1	14431000	USD
CY2022Q1	psa	Accelerated Compensation Expense AcceleratedCompensationExpense	4200000	USD
CY2021Q1	psa	Accelerated Compensation Expense AcceleratedCompensationExpense	3800000	USD
CY2022Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	119100000	USD
CY2022Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P3Y
CY2022Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod	77683	shares
CY2022Q1	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	36050	shares
CY2022Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	0	shares
CY2022Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	3081584	shares
CY2021Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	3039951	shares
CY2022Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	464124000	USD
CY2021Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	385810000	USD
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	175170000	shares
CY2021Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	174611000	shares
CY2022Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	1166000	shares
CY2021Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	229000	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	176336000	shares
CY2021Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	174840000	shares
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.65
CY2021Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.21
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.63
CY2021Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.21
CY2022Q1	us-gaap	Profit Loss ProfitLoss	516295000	USD
CY2021Q1	us-gaap	Profit Loss ProfitLoss	434262000	USD
CY2022Q1	psa	Deductible For General Liability DeductibleForGeneralLiability	2000000	USD
CY2022Q1	psa	Deductible For Property DeductibleForProperty	25000000	USD
CY2022Q1	psa	Reduced Deductible For Property ReducedDeductibleForProperty	5000000	USD
CY2022Q1	psa	Aggregate Loss Threshold For Reduced Deductible For Property AggregateLossThresholdForReducedDeductibleForProperty	35000000	USD
CY2022Q1	psa	Minimum Loss Per Occurrence To Reach Aggregate Loss Threshold For Reduced Deductible For Property MinimumLossPerOccurrenceToReachAggregateLossThresholdForReducedDeductibleForProperty	5000000	USD
CY2022Q1	psa	Aggregate Limit Property Coverage AggregateLimitPropertyCoverage	75000000	USD
CY2022Q1	psa	Aggregate Limit General Liability Coverage AggregateLimitGeneralLiabilityCoverage	102000000	USD
CY2022Q1	psa	Tenant Individual Insurance Limit Maximum TenantIndividualInsuranceLimitMaximum	5000	USD
CY2022Q1	psa	Third Party Insurance Coverage For Claims Paid Exceeding Amount For Individual Event ThirdPartyInsuranceCoverageForClaimsPaidExceedingAmountForIndividualEvent	15000000	USD
CY2022Q1	psa	Third Party Insurance Coverage For Claims Paid For Individual Event Limit ThirdPartyInsuranceCoverageForClaimsPaidForIndividualEventLimit	5000000	USD
CY2022Q1	psa	Tenant Certificate Holders Participating Individual Insurance Program TenantCertificateHoldersParticipatingIndividualInsuranceProgram	1200000	certificate
CY2022Q1	psa	Aggregate Coverage Of Tenants Participating AggregateCoverageOfTenantsParticipating	5200000000	USD
CY2022Q1	us-gaap	Contractual Obligation ContractualObligation	204900000	USD
CY2022Q1	us-gaap	Contractual Obligation Future Minimum Payments Due Remainder Of Fiscal Year ContractualObligationFutureMinimumPaymentsDueRemainderOfFiscalYear	142300000	USD
CY2022Q1	us-gaap	Contractual Obligation Due In Next Twelve Months ContractualObligationDueInNextTwelveMonths	60000000	USD
CY2022Q1	us-gaap	Contractual Obligation Due In Second Year ContractualObligationDueInSecondYear	2600000	USD
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	65400000	USD
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	2200000	USD
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	3100000	USD
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	3000000	USD
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	3000000	USD
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	3000000	USD
CY2022Q1	psa	Lessee Operating Lease Liability To Be Paid After Year Four LesseeOperatingLeaseLiabilityToBePaidAfterYearFour	51100000	USD

Files In Submission

Name	View Source	Status
0001393311-22-000018-index-headers.html	Edgar Link	pending
0001393311-22-000018-index.html	Edgar Link	pending
0001393311-22-000018.txt	Edgar Link	pending
0001393311-22-000018-xbrl.zip	Edgar Link	pending
exhibit101-2022psaformofem.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
psa-20220331.htm	Edgar Link	pending
psa-20220331.xsd	Edgar Link	pending
psa-20220331_cal.xml	Edgar Link	unprocessable
psa-20220331_def.xml	Edgar Link	unprocessable
psa-20220331_htm.xml	Edgar Link	completed
psa-20220331_lab.xml	Edgar Link	unprocessable
psa-20220331_pre.xml	Edgar Link	unprocessable
psa-33122xex31_1.htm	Edgar Link	pending
psa-33122xex31_2.htm	Edgar Link	pending
psa-33122xex32.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
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R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
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R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
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R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$PSA
Public Storage Stock $psa

2022 Q1 Form 10-Q Financial Statement

#000139331122000018 Filed on May 03, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PSA Public Storage Stock $psa

2022 Q1 Form 10-Q Financial Statement

#000139331122000018 Filed on May 03, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PSA
Public Storage Stock $psa