$PSA
Public Storage Stock $psa

$psa Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000139331124000109 Filed on April 30, 2024

Income Statement

Concept	2024 Q2	2024 Q1	2023 Q1
Revenue	$1.173B	$1.157B	$1.094B
YoY Change	4.77%	5.76%	12.41%
Cost Of Revenue	$301.0M	$324.5M	$288.3M
YoY Change	7.56%	12.55%	10.45%
Gross Profit	$872.2M	$832.7M	$805.9M
YoY Change	3.84%	3.32%	13.12%
Gross Profit Margin	74.34%	71.96%	73.65%
Selling, General & Admin	$22.34M	$21.34M	$24.96M
YoY Change	-7.83%	-14.53%	9.35%
% of Gross Profit	2.56%	2.56%	3.1%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$283.3M	$285.2M	$221.7M
YoY Change	27.56%	28.67%	-0.22%
% of Gross Profit	32.49%	34.25%	27.5%
Operating Expenses	$305.7M	$306.5M	$246.6M
YoY Change	24.07%	24.3%	0.68%
Operating Profit	$566.5M	$526.2M	$559.3M
YoY Change	-4.56%	-5.92%	19.65%
Interest Expense	$73.24M	$67.78M	$36.10M
YoY Change	-756.35%	87.75%	8.99%
% of Operating Profit	12.93%	12.88%	6.45%
Other Income/Expense, Net	$1.676M	$4.223M
YoY Change
Pretax Income	$523.3M	$513.2M	$520.4M
YoY Change	-9.96%	-1.39%	0.8%
Income Tax	$2.075M	$1.479M	$3.105M
% Of Pretax Income	0.4%	0.29%	0.6%
Net Earnings	$518.1M	$508.9M	$517.7M
YoY Change	-1.92%	-1.69%	0.73%
Net Earnings / Revenue	44.16%	43.98%	47.31%
Basic Earnings Per Share	$2.67	$2.61	$2.67
Diluted Earnings Per Share	$2.66	$2.60	$2.65
COMMON SHARES
Basic Shares Outstanding	175.7M shares	175.7M shares	175.8M shares
Diluted Shares Outstanding	176.0M shares	176.4M shares	176.2M shares

Balance Sheet

Concept	2024 Q2	2024 Q1	2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$542.3M	$271.6M	$695.4M
YoY Change	-16.79%	-60.94%	-26.06%
Cash & Equivalents	$542.3M	$271.6M	$695.4M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$542.3M	$271.6M	$695.4M
YoY Change	-16.79%	-60.94%	-26.06%
LONG-TERM ASSETS
Property, Plant & Equipment	$18.27B	$18.32B	$16.04B
YoY Change	13.06%	14.18%	4.01%
Goodwill	$165.8M	$165.8M	$165.8M
YoY Change	0.0%	0.0%	0.0%
Intangibles
YoY Change
Long-Term Investments	$374.2M	$389.0M	$285.7M
YoY Change	35.18%	36.18%	-66.41%
Other Assets
YoY Change
Total Long-Term Assets	$19.25B	$19.35B	$16.81B
YoY Change	13.83%	15.07%	0.32%
TOTAL ASSETS
Total Short-Term Assets	$542.3M	$271.6M	$695.4M
Total Long-Term Assets	$19.25B	$19.35B	$16.81B
Total Assets	$19.79B	$19.62B	$17.51B
YoY Change	12.69%	12.05%	-1.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$584.6M	$504.2M	$470.4M
YoY Change	15.17%	7.19%	3.62%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$584.6M	$504.2M	$470.4M
YoY Change	15.17%	7.19%	3.62%
LONG-TERM LIABILITIES
Long-Term Debt	$9.401B	$9.068B	$6.899B
YoY Change	36.35%	31.43%	-7.29%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$9.401B	$9.068B	$6.899B
YoY Change	36.35%	31.43%	-7.29%
TOTAL LIABILITIES
Total Short-Term Liabilities	$584.6M	$504.2M	$470.4M
Total Long-Term Liabilities	$9.401B	$9.068B	$6.899B
Total Liabilities	$9.985B	$9.572B	$7.370B
YoY Change	33.23%	29.88%	-6.66%
SHAREHOLDERS EQUITY
Retained Earnings	-$592.7M	-$336.0M	-$169.0M
YoY Change	254.03%	98.87%	-61.26%
Common Stock	$17.50M	$17.57M	$17.55M
YoY Change	-0.27%	0.14%	0.15%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$9.707B	$9.949B	$10.05B
YoY Change
Total Liabilities & Shareholders Equity	$19.79B	$19.62B	$17.51B
YoY Change	12.69%	12.05%	-1.08%

Cashflow Statement

Concept	2024 Q2	2024 Q1	2023 Q1
OPERATING ACTIVITIES
Net Income	$518.1M	$508.9M	$517.7M
YoY Change	-1.92%	-1.69%	0.73%
Depreciation, Depletion And Amortization	$283.3M	$285.2M	$221.7M
YoY Change	27.56%	28.67%	-0.22%
Cash From Operating Activities	$895.3M	$665.6M	$696.9M
YoY Change	1.46%	-4.49%	6.19%
INVESTING ACTIVITIES
Capital Expenditures	$204.4M	$189.0M	$212.3M
YoY Change	-39.56%	-10.98%	-173.58%
Acquisitions
YoY Change
Other Investing Activities	$13.31M	$2.423M
YoY Change	320.38%
Cash From Investing Activities	-$191.1M	-$186.6M	-$212.3M
YoY Change	-42.96%	-12.12%	-26.42%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-432.9M	-$577.2M	-$564.0M
YoY Change	-26.76%	2.35%	249.74%
NET CHANGE
Cash From Operating Activities	895.3M	$665.6M	$696.9M
Cash From Investing Activities	-191.1M	-$186.6M	-$212.3M
Cash From Financing Activities	-432.9M	-$577.2M	-$564.0M
Net Change In Cash	271.3M	-$98.19M	-$79.38M
YoY Change	-721.01%	23.7%	-138.42%
FREE CASH FLOW
Cash From Operating Activities	$895.3M	$665.6M	$696.9M
Capital Expenditures	$204.4M	$189.0M	$212.3M
Free Cash Flow	$690.9M	$476.6M	$484.6M
YoY Change	26.94%	-1.65%	-48.71%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	175723561	shares
CY2024Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	5991606000	usd
CY2023Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	5980760000	usd
CY2024Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-336003000	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-267910000	usd
CY2024Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-74513000	usd
CY2023Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-67239000	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	9948662000	usd
CY2024Q1	us-gaap	Minority Interest MinorityInterest	96636000	usd
CY2023Q4	us-gaap	Minority Interest MinorityInterest	93768000	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	10045298000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	10106946000	usd
CY2024Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	19617385000	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	19809216000	usd
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	175670727	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	175670727	shares
CY2024Q1	us-gaap	Common Stock Value CommonStockValue	17572000	usd
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	17567000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	10013178000	usd
CY2024Q1	us-gaap	Revenues Revenues	1157220000	usd
CY2023Q1	us-gaap	Revenues Revenues	1094232000	usd
CY2024Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	285203000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	221650000	usd
CY2024Q1	psa	Real Estate Acquisition And Development Expense RealEstateAcquisitionAndDevelopmentExpense	3717000	usd
CY2023Q1	psa	Real Estate Acquisition And Development Expense RealEstateAcquisitionAndDevelopmentExpense	5481000	usd
CY2024Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	21336000	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	16958000	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	67778000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	36101000	usd
CY2024Q1	us-gaap	Costs And Expenses CostsAndExpenses	702517000	usd
CY2023Q1	us-gaap	Costs And Expenses CostsAndExpenses	568481000	usd
CY2024Q1	us-gaap	Interest And Other Income InterestAndOtherIncome	13966000	usd
CY2023Q1	us-gaap	Interest And Other Income InterestAndOtherIncome	18634000	usd
CY2024Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	6090000	usd
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	5995000	usd
CY2024Q1	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	37543000	usd
CY2023Q1	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	-26860000	usd
CY2024Q1	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	874000	usd
CY2023Q1	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	0	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	513176000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	523520000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1479000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	3105000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	511697000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	520415000	usd
CY2024Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	2749000	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	2707000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	508948000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	517708000	usd
CY2024Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	48678000	usd
CY2023Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	48678000	usd
CY2024Q1	psa	Allocation Of Net Income To Restricted Share Units AllocationOfNetIncomeToRestrictedShareUnits	1061000	usd
CY2023Q1	psa	Allocation Of Net Income To Restricted Share Units AllocationOfNetIncomeToRestrictedShareUnits	1442000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	459209000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	467588000	usd
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.61
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.67
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.60
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.65
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	175700000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	175451000	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	176350000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	176228000	shares
CY2024Q1	us-gaap	Profit Loss ProfitLoss	511697000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	520415000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-7275000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	3869000	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	504422000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	524284000	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	2748000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	2707000	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	501674000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	521577000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	10106946000	usd
CY2024Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	5328000	usd
CY2024Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	11305000	usd
CY2024Q1	psa	Contributions By Noncontrolling Interest ContributionsByNoncontrollingInterest	1327000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	511697000	usd
CY2024Q1	us-gaap	Dividends Preferred Stock DividendsPreferredStock	48678000	usd
CY2024Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	4166000	usd
CY2024Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	3.00
CY2024Q1	psa	Dividends Common Stock And Restricted Share Units DividendsCommonStockAndRestrictedShareUnits	528363000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-7275000	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	10045298000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	10166801000	usd
CY2023Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	8932000	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	10914000	usd
CY2023Q1	psa	Contributions By Noncontrolling Interest ContributionsByNoncontrollingInterest	4000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	520415000	usd
CY2023Q1	us-gaap	Dividends Preferred Stock DividendsPreferredStock	48678000	usd
CY2023Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	3773000	usd
CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	3.00
CY2023Q1	psa	Dividends Common Stock And Restricted Share Units DividendsCommonStockAndRestrictedShareUnits	527751000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	3869000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	10138048000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	511697000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	520415000	usd
CY2024Q1	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	874000	usd
CY2023Q1	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	0	usd
CY2024Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	285203000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	221650000	usd
CY2024Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	6090000	usd
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	5995000	usd
CY2024Q1	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	352000	usd
CY2023Q1	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	324000	usd
CY2024Q1	us-gaap	Foreign Currency Transaction Gain Loss Unrealized After Tax ForeignCurrencyTransactionGainLossUnrealizedAfterTax	37467000	usd
CY2023Q1	us-gaap	Foreign Currency Transaction Gain Loss Unrealized After Tax ForeignCurrencyTransactionGainLossUnrealizedAfterTax	-26825000	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	10347000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	9845000	usd
CY2024Q1	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	2781000	usd
CY2023Q1	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	2890000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	16231000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	36611000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	-84132000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	-42450000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	665586000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	696893000	usd
CY2024Q1	psa	Capital Expenditures To Maintain Real Estate Facilities CapitalExpendituresToMaintainRealEstateFacilities	66376000	usd
CY2023Q1	psa	Capital Expenditures To Maintain Real Estate Facilities CapitalExpendituresToMaintainRealEstateFacilities	57289000	usd
CY2024Q1	psa	Capital Expenditures For Property Enhancements CapitalExpendituresForPropertyEnhancements	25046000	usd
CY2023Q1	psa	Capital Expenditures For Property Enhancements CapitalExpendituresForPropertyEnhancements	29783000	usd
CY2024Q1	psa	Capital Expenditures For Energy Efficiencies CapitalExpendituresForEnergyEfficiencies	13058000	usd
CY2023Q1	psa	Capital Expenditures For Energy Efficiencies CapitalExpendituresForEnergyEfficiencies	9570000	usd
CY2024Q1	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	84527000	usd
CY2023Q1	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	68874000	usd
CY2024Q1	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	0	usd
CY2023Q1	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	46795000	usd
CY2024Q1	us-gaap	Proceeds From Real Estate And Real Estate Joint Ventures ProceedsFromRealEstateAndRealEstateJointVentures	2423000	usd
CY2023Q1	us-gaap	Proceeds From Real Estate And Real Estate Joint Ventures ProceedsFromRealEstateAndRealEstateJointVentures	0	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-186584000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-212311000	usd
CY2024Q1	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	36000	usd
CY2023Q1	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	129000	usd
CY2024Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	7800000	usd
CY2023Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	25116000	usd
CY2024Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	5328000	usd
CY2023Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	8932000	usd
CY2024Q1	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	1327000	usd
CY2023Q1	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	4000	usd
CY2024Q1	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	576792000	usd
CY2023Q1	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	576251000	usd
CY2024Q1	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	4166000	usd
CY2023Q1	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	3773000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-577195000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-563965000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-98193000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-79383000	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	370002000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	775253000	usd
CY2023Q4	us-gaap	Restricted Cash RestrictedCash	30373000	usd
CY2022Q4	us-gaap	Restricted Cash RestrictedCash	29904000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	400375000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	805157000	usd
CY2024Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	271645000	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	695424000	usd
CY2024Q1	us-gaap	Restricted Cash RestrictedCash	30537000	usd
CY2023Q1	us-gaap	Restricted Cash RestrictedCash	30350000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	302182000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	725774000	usd
CY2024Q1	psa	Capital Expenditures To Maintain Real Estate Facilities Remaining Unpaid At Period End CapitalExpendituresToMaintainRealEstateFacilitiesRemainingUnpaidAtPeriodEnd	-5976000	usd
CY2023Q1	psa	Capital Expenditures To Maintain Real Estate Facilities Remaining Unpaid At Period End CapitalExpendituresToMaintainRealEstateFacilitiesRemainingUnpaidAtPeriodEnd	-7105000	usd
CY2024Q1	psa	Capital Expenditures For Property Enhancements Remaining Unpaid At Period End CapitalExpendituresForPropertyEnhancementsRemainingUnpaidAtPeriodEnd	-2580000	usd
CY2023Q1	psa	Capital Expenditures For Property Enhancements Remaining Unpaid At Period End CapitalExpendituresForPropertyEnhancementsRemainingUnpaidAtPeriodEnd	-4029000	usd
CY2024Q1	psa	Capital Expenditures For Energy Efficiencies Remaining At Period End CapitalExpendituresForEnergyEfficienciesRemainingAtPeriodEnd	-702000	usd
CY2023Q1	psa	Capital Expenditures For Energy Efficiencies Remaining At Period End CapitalExpendituresForEnergyEfficienciesRemainingAtPeriodEnd	-380000	usd
CY2024Q1	us-gaap	Construction In Progress Expenditures Incurred But Not Yet Paid ConstructionInProgressExpendituresIncurredButNotYetPaid	41460000	usd
CY2023Q1	us-gaap	Construction In Progress Expenditures Incurred But Not Yet Paid ConstructionInProgressExpendituresIncurredButNotYetPaid	50625000	usd
CY2024Q1	us-gaap	Interest Paid Net InterestPaidNet	75745000	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	20803000	usd
CY2024Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	1521000	usd
CY2023Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	1101000	usd
CY2024Q1	us-gaap	Nature Of Operations NatureOfOperations	<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;padding-left:10.5pt;text-decoration:underline">Description of the Business</span><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”) is a Maryland real estate investment trust (“REIT”) engaged in 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%">Effective August 14, 2023, we are structured as an umbrella partnership REIT, or UPREIT, under which substantially all of our business is conducted through Public Storage OP, L.P. (“PSA OP”), an operating partnership, and its subsidiaries including Public Storage Operating Company (“PSOC”). The primary assets of the parent entity, Public Storage, are general partner and limited partner interests in PSA OP, which holds all of the Company’s assets through its ownership of all of the membership interests in PSOC. As a limited partnership, PSA OP is a variable interest entity and is consolidated by the Company as its primary beneficiary. As of March 31, 2024, the Company owned all of the general partner interests and approximately 99.95% of the limited partnership interests of PSA OP, with the remaining 0.05% of limited partnership interests owned by certain trustees and officers of the Company.</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, 2024, we owned equity interests in 3,045 self-storage facilities (with approximately 218.4 million net rentable square feet) located in 40 states in the United States (“U.S.”) operating under the Public Storage® name, and 1.1 million net rentable square feet of commercial and retail space. In addition, we managed 235 facilities for third parties at March 31, 2024.</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, 2024, we owned a 35% common equity interest in Shurgard Self Storage Limited (“Shurgard”), a public company traded on the Euronext Brussels under the “SHUR” symbol, which owned 279 self-storage facilities (with approximately 15 million net rentable square feet) located in seven Western European countries, all operating under the Shurgard® name.</span></div>
CY2023Q1	psa	Real Estate Acquisition And Development Expense RealEstateAcquisitionAndDevelopmentExpense	5500000	usd
CY2023Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	27465238000	usd
CY2024Q1	psa	Real Estate Investment Property At Cost Capital Expenditures To Maintain Real Estate Facilities RealEstateInvestmentPropertyAtCostCapitalExpendituresToMaintainRealEstateFacilities	58056000	usd
CY2024Q1	psa	Real Estate Investment Property At Cost Capital Expenditures For Property Enhancements RealEstateInvestmentPropertyAtCostCapitalExpendituresForPropertyEnhancements	27626000	usd
CY2024Q1	psa	Real Estate Investment Property At Cost Capital Expenditures For Energy Efficiencies RealEstateInvestmentPropertyAtCostCapitalExpendituresForEnergyEfficiencies	13760000	usd
CY2024Q1	psa	Real Estate Investment Property At Cost Disposition And Other Real Estate Activities RealEstateInvestmentPropertyAtCostDispositionAndOtherRealEstateActivities	1549000	usd
CY2024Q1	psa	Real Estate Investment Property At Cost Newly Developed Facilities Opened For Operation RealEstateInvestmentPropertyAtCostNewlyDevelopedFacilitiesOpenedForOperation	35029000	usd
CY2024Q1	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	27598160000	usd
CY2023Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	9423974000	usd
CY2024Q1	us-gaap	Depreciation Depreciation	247547000	usd
CY2024Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	9671521000	usd
CY2023Q4	us-gaap	Development In Process DevelopmentInProcess	345453000	usd
CY2024Q1	psa	Development In Process Costs Incurred DevelopmentInProcessCostsIncurred	79322000	usd
CY2024Q1	psa	Development In Process Write Off Of Cancelled Projects DevelopmentInProcessWriteOffOfCancelledProjects	468000	usd
CY2024Q1	psa	Development In Process Developed Or Redeveloped Facilities Opened For Operation DevelopmentInProcessDevelopedOrRedevelopedFacilitiesOpenedForOperation	35029000	usd
CY2024Q1	us-gaap	Development In Process DevelopmentInProcess	389278000	usd
CY2024Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	18315917000	usd
CY2024Q1	psa	Aggregate Costs To Develop And Expand AggregateCostsToDevelopAndExpand	35000000	usd
CY2024Q1	psa	Net Rentable Area Developed Or Expanded NetRentableAreaDevelopedOrExpanded	300000	sqft
CY2024Q1	us-gaap	Proceeds From Real Estate And Real Estate Joint Ventures ProceedsFromRealEstateAndRealEstateJointVentures	2400000	usd
CY2024Q1	us-gaap	Foreign Currency Exchange Rate Translation1 ForeignCurrencyExchangeRateTranslation1	1.079
CY2024Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-7300000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	3900000	usd
CY2024Q1	us-gaap	Goodwill Gross GoodwillGross	165843000	usd
CY2024Q1	us-gaap	Goodwill Goodwill	165843000	usd
CY2023Q4	us-gaap	Goodwill Gross GoodwillGross	165843000	usd
CY2023Q4	us-gaap	Goodwill Goodwill	165843000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	995578000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	828780000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	166798000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	995578000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	792978000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	202600000	usd
CY2024Q1	psa	Intangible Assets Gross Including Goodwill IntangibleAssetsGrossIncludingGoodwill	1180245000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	828780000	usd
CY2024Q1	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	351465000	usd
CY2023Q4	psa	Intangible Assets Gross Including Goodwill IntangibleAssetsGrossIncludingGoodwill	1180245000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	792978000	usd
CY2023Q4	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	387267000	usd
CY2024Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	35800000	usd
CY2023Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	14600000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	80536000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	60467000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	19129000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	2797000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	377000	usd
CY2024Q1	psa	Finite Lived Intangible Asset Expected Amortization After Year Four FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour	3492000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	166798000	usd
CY2024Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	9116090000	usd
CY2024Q1	us-gaap	Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet	48200000	usd
CY2024Q1	us-gaap	Long Term Debt LongTermDebt	9067890000	usd
CY2024Q1	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	8417785000	usd
CY2023Q4	us-gaap	Long Term Debt LongTermDebt	9103277000	usd
CY2023Q4	us-gaap	Long Term Debt Fair Value LongTermDebtFairValue	8558601000	usd
CY2024Q1	psa	Long Term Debt Gross Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtGrossMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	808018000	usd
CY2024Q1	psa	Long Term Debt Gross Maturities Repayments Of Principal Year One LongTermDebtGrossMaturitiesRepaymentsOfPrincipalYearOne	661336000	usd
CY2024Q1	psa	Long Term Debt Gross Maturities Repayments Of Principal In Year Two LongTermDebtGrossMaturitiesRepaymentsOfPrincipalInYearTwo	1150138000	usd
CY2024Q1	psa	Long Term Debt Gross Maturities Repayments Of Principal In Year Three LongTermDebtGrossMaturitiesRepaymentsOfPrincipalInYearThree	500146000	usd
CY2024Q1	psa	Long Term Debt Gross Maturities Repayments Of Principal In Year Four LongTermDebtGrossMaturitiesRepaymentsOfPrincipalInYearFour	1200129000	usd
CY2024Q1	psa	Long Term Debt Gross Maturities Repayments Of Principal After Year Four LongTermDebtGrossMaturitiesRepaymentsOfPrincipalAfterYearFour	4796323000	usd
CY2024Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	9116090000	usd
CY2024Q1	us-gaap	Debt Weighted Average Interest Rate DebtWeightedAverageInterestRate	0.031
CY2024Q1	us-gaap	Interest Paid Capitalized InterestPaidCapitalized	2400000	usd
CY2023Q1	us-gaap	Interest Paid Capitalized InterestPaidCapitalized	1700000	usd
CY2024Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	174000	shares
CY2024Q1	us-gaap	Preferred Stock Liquidation Preference Value PreferredStockLiquidationPreferenceValue	4350000000	usd
CY2023Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	174000	shares
CY2023Q4	us-gaap	Preferred Stock Liquidation Preference Value PreferredStockLiquidationPreferenceValue	4350000000	usd
CY2024Q1	psa	Cumulative Arrearage Of Quarterly Dividends CumulativeArrearageOfQuarterlyDividends	6	dividend
CY2024Q1	psa	Number Of Additional Members Right To Elect NumberOfAdditionalMembersRightToElect	2	board_member
CY2024Q1	us-gaap	Preferred Stock Amount Of Preferred Dividends In Arrears PreferredStockAmountOfPreferredDividendsInArrears	0	usd
CY2024Q1	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
CY2024Q1	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
CY2024Q1	us-gaap	Preferred Stock Redemption Price Per Share PreferredStockRedemptionPricePerShare	25.00
CY2024Q1	psa	Dividends And Distributions Common Stock And Share Based Payment Arrangement Cash DividendsAndDistributionsCommonStockAndShareBasedPaymentArrangementCash	528100000	usd
CY2024Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	3.00
CY2023Q1	psa	Dividends And Distributions Common Stock And Share Based Payment Arrangement Cash DividendsAndDistributionsCommonStockAndShareBasedPaymentArrangementCash	527600000	usd
CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	3.00
CY2024Q1	psa	Dividends And Distributions Accrued DividendsAndDistributionsAccrued	300000	usd
CY2023Q1	psa	Dividends And Distributions Accrued DividendsAndDistributionsAccrued	200000	usd
CY2024Q1	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	48700000	usd
CY2023Q1	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	48700000	usd
CY2023Q1	us-gaap	Related Party Transaction Amounts Of Transaction RelatedPartyTransactionAmountsOfTransaction	500000	usd
CY2024Q1	us-gaap	Related Party Transaction Amounts Of Transaction RelatedPartyTransactionAmountsOfTransaction	500000	usd
CY2024Q1	psa	Rs Us Substituted By Ltip Units RSUsSubstitutedByLTIPUnits	156632	shares
CY2024Q1	psa	Stock Options Substituted By Aoltip Units StockOptionsSubstitutedByAOLTIPUnits	2102424	shares
CY2024Q1	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	600000	usd
CY2023Q1	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	700000	usd
CY2024Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	10347000	usd
CY2023Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	9845000	usd
CY2024Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	91600000	usd
CY2024Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P3Y
CY2024Q1	psa	Share Based Compensation Arrangement By Share Based Payment Award Common Shares Issued From Vesting ShareBasedCompensationArrangementByShareBasedPaymentAwardCommonSharesIssuedFromVesting	16914	shares
CY2024Q1	us-gaap	Stock Issued During Period Shares Share Based Compensation StockIssuedDuringPeriodSharesShareBasedCompensation	35389	shares
CY2024Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	443336	shares
CY2023Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	264512	shares
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	459209000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	467588000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	175700000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	175451000	shares
CY2024Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	650000	shares
CY2023Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	777000	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	176350000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	176228000	shares
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.61
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.67
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.60
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.65
CY2024Q1	us-gaap	Profit Loss ProfitLoss	511697000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	520415000	usd
CY2024Q1	psa	Deductible For General Liability DeductibleForGeneralLiability	2000000	usd
CY2024Q1	psa	Deductible For Property Loss DeductibleForPropertyLoss	25000000	usd
CY2024Q1	psa	Reduced Deductible For Property Loss ReducedDeductibleForPropertyLoss	5000000	usd
CY2024Q1	psa	Aggregate Loss Threshold For Reduced Deductible For Property Loss AggregateLossThresholdForReducedDeductibleForPropertyLoss	35000000	usd
CY2024Q1	psa	Minimum Loss Per Occurrence To Reach Aggregate Loss Threshold For Reduced Deductible For Property Loss MinimumLossPerOccurrenceToReachAggregateLossThresholdForReducedDeductibleForPropertyLoss	5000000	usd
CY2024Q1	psa	Aggregate Limit Property Loss Coverage AggregateLimitPropertyLossCoverage	75000000	usd
CY2024Q1	psa	Aggregate Limit General Liability Coverage AggregateLimitGeneralLiabilityCoverage	102000000	usd
CY2024Q1	psa	Tenant Individual Insurance Limit Maximum TenantIndividualInsuranceLimitMaximum	5000	usd
CY2024Q1	psa	Third Party Insurance Coverage For Claims Paid Exceeding Amount For Individual Event ThirdPartyInsuranceCoverageForClaimsPaidExceedingAmountForIndividualEvent	15000000	usd
CY2024Q1	psa	Third Party Insurance Coverage For Claims Paid For Individual Event Limit ThirdPartyInsuranceCoverageForClaimsPaidForIndividualEventLimit	5000000	usd
CY2024Q1	psa	Tenant Certificate Holders Participating Individual Insurance Program TenantCertificateHoldersParticipatingIndividualInsuranceProgram	1400000	certificate
CY2024Q1	psa	Aggregate Coverage Of Tenants Participating AggregateCoverageOfTenantsParticipating	6500000000	usd
CY2024Q1	us-gaap	Contractual Obligation ContractualObligation	143400000	usd
CY2024Q1	us-gaap	Contractual Obligation Future Minimum Payments Due Remainder Of Fiscal Year ContractualObligationFutureMinimumPaymentsDueRemainderOfFiscalYear	113500000	usd
CY2024Q1	us-gaap	Contractual Obligation Due In Next Twelve Months ContractualObligationDueInNextTwelveMonths	29900000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	64400000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	2900000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	4100000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	4000000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	2600000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	2500000	usd
CY2024Q1	psa	Lessee Operating Lease Liability To Be Paid After Year Four LesseeOperatingLeaseLiabilityToBePaidAfterYearFour	48300000	usd
CY2024Q1	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
0001393311-24-000109-index-headers.html	Edgar Link	pending
0001393311-24-000109-index.html	Edgar Link	pending
0001393311-24-000109.txt	Edgar Link	pending
0001393311-24-000109-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
psa-20240331.htm	Edgar Link	pending
psa-20240331.xsd	Edgar Link	pending
psa-33124xex101.htm	Edgar Link	pending
psa-33124xex102.htm	Edgar Link	pending
psa-33124xex103.htm	Edgar Link	pending
psa-33124xex104.htm	Edgar Link	pending
psa-33124xex105.htm	Edgar Link	pending
psa-33124xex106.htm	Edgar Link	pending
psa-33124xex31_1.htm	Edgar Link	pending
psa-33124xex31_2.htm	Edgar Link	pending
psa-33124xex32.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
psa-20240331_cal.xml	Edgar Link	unprocessable
psa-20240331_lab.xml	Edgar Link	unprocessable
psa-20240331_pre.xml	Edgar Link	unprocessable
psa-20240331_htm.xml	Edgar Link	completed
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
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$PSA
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2024 Q2 Form 10-Q Financial Statement

#000139331124000109 Filed on April 30, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PSA Public Storage Stock $psa

2024 Q2 Form 10-Q Financial Statement

#000139331124000109 Filed on April 30, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PSA
Public Storage Stock $psa