XML 13 R2.htm IDEA: XBRL DOCUMENT v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Assets:    
Real estate assets, net $ 25,099,810 $ 24,587,627
Real estate assets - operating lease right-of-use assets 720,357 689,803
Investments in unconsolidated real estate entities 1,088,983 1,332,338
Investments in debt securities and notes receivable 1,849,068 1,550,950
Cash and cash equivalents 125,045 138,222
Other assets, net 484,748 548,986
Total assets 29,368,011 28,847,926
Liabilities, Noncontrolling Interests and Equity:    
Secured notes payable, net 1,126,237 1,010,541
Unsecured term loans, net 1,948,801 2,192,507
Unsecured senior notes, net 8,618,943 7,756,968
Revolving lines of credit and commercial paper 1,211,000 1,362,000
Operating lease liabilities 742,847 705,845
Cash distributions in unconsolidated real estate ventures 76,827 75,319
Accounts payable and accrued expenses 438,062 346,519
Other liabilities 528,205 538,865
Total liabilities 14,690,922 13,988,564
Commitments and contingencies
Extra Space Storage Inc. stockholders' equity:    
Preferred stock, $0.01 par value, 50,000,000 shares authorized, no shares issued or outstanding 0 0
Common stock, $0.01 par value, 500,000,000 shares authorized, 212,252,547 and 211,995,510 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively 2,123 2,120
Additional paid-in capital 14,860,946 14,831,946
Accumulated other comprehensive income 3,203 12,806
Accumulated deficit (1,075,430) (899,337)
Total Extra Space Storage Inc. stockholders' equity 13,790,842 13,947,535
Noncontrolling interest represented by Preferred Operating Partnership units 53,827 76,092
Noncontrolling interests in Operating Partnership, net and other noncontrolling interests 832,420 835,735
Total noncontrolling interests and equity 14,677,089 14,859,362
Total liabilities, noncontrolling interests and equity $ 29,368,011 $ 28,847,926