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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets:    
Real estate assets, net $ 9,997,978 $ 8,834,649
Real estate assets - operating lease right-of-use assets 221,725 227,949
Investments in unconsolidated real estate entities 582,412 457,326
Investments in debt securities and notes receivable 858,049 719,187
Cash and cash equivalents 92,868 71,126
Other assets, net 414,426 164,240
Total assets 12,167,458 10,474,477
Liabilities, Noncontrolling Interests and Equity:    
Notes payable, net 1,288,555 1,320,755
Unsecured term loans, net 2,340,116 1,741,926
Unsecured senior notes, net 2,757,791 2,360,066
Revolving lines of credit 945,000 535,000
Operating lease liabilities 229,035 233,356
Cash distributions in unconsolidated real estate ventures 67,352 63,582
Accounts payable and accrued expenses 171,680 142,285
Other liabilities 289,655 291,531
Total liabilities 8,089,184 6,688,501
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, 133,921,020 and 133,922,305 shares issued and outstanding at December 31, 2022 and 2021, respectively 1,339 1,339
Additional paid-in capital 3,345,332 3,285,948
Accumulated other comprehensive income (loss) 48,798 (42,546)
Accumulated deficit (135,872) (128,245)
Total Extra Space Storage Inc. stockholders' equity 3,259,597 3,116,496
Noncontrolling interest represented by Preferred Operating Partnership units, net 261,502 259,110
Noncontrolling interests in Operating Partnership, net and other noncontrolling interests 557,175 410,370
Total noncontrolling interests and equity 4,078,274 3,785,976
Total liabilities, noncontrolling interests and equity $ 12,167,458 $ 10,474,477