XML 19 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Assets:    
Real estate assets, net $ 7,132,431 $ 6,770,447
Investments in unconsolidated real estate ventures 70,091 79,570
Cash and cash equivalents 55,683 43,858
Restricted cash 30,361 13,884
Receivables from related parties and affiliated real estate joint ventures 2,847 16,611
Other assets, net 163,724 167,076
Total assets 7,455,137 7,091,446
Liabilities, Noncontrolling Interests and Equity:    
Notes payable, net 3,738,497 3,213,588
Exchangeable senior notes, net 604,276 610,314
Notes payable to trusts, net 117,444 117,321
Revolving lines of credit 94,000 365,000
Accounts payable and accrued expenses 96,087 101,388
Other liabilities 81,026 87,669
Total liabilities 4,731,330 4,495,280
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, 126,007,091 and 125,881,460 shares issued and outstanding at December 31, 2017 and December 31, 2016, respectively 1,260 1,259
Additional paid-in capital 2,569,485 2,566,120
Accumulated other comprehensive income 33,290 16,770
Accumulated deficit (253,284) (339,257)
Total Extra Space Storage Inc. stockholders' equity 2,350,751 2,244,892
Noncontrolling interest represented by Preferred Operating Partnership units, net of $120,230 notes receivable 159,636 147,920
Noncontrolling interests in Operating Partnership 213,301 203,354
Other noncontrolling interests 119 0
Total noncontrolling interests and equity 2,723,807 2,596,166
Total liabilities, noncontrolling interests and equity $ 7,455,137 $ 7,091,446