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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Assets:    
Real estate assets, net $ 24,556,678 $ 9,997,978
Real estate assets - operating lease right-of-use assets 248,483 221,725
Investments in unconsolidated real estate entities 1,077,548 582,412
Investments in debt securities and notes receivable 891,311 858,049
Cash and cash equivalents 216,121 92,868
Other assets, net 635,677 414,426
Total assets 27,625,818 12,167,458
Liabilities, Noncontrolling Interests and Equity:    
Notes payable, net 1,276,555 1,288,555
Unsecured term loans, net 3,247,076 2,340,116
Unsecured senior notes, net 5,805,448 2,757,791
Revolving lines of credit 623,000 945,000
Operating lease liabilities 242,441 229,035
Cash distributions in unconsolidated real estate ventures 69,445 67,352
Accounts payable and accrued expenses 430,124 171,680
Other liabilities 365,028 289,655
Total liabilities 12,059,117 8,089,184
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, 211,276,086 and 133,921,020 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively 2,113 1,339
Additional paid-in capital 14,742,973 3,345,332
Accumulated other comprehensive income 44,912 48,798
Accumulated deficit (252,877) (135,872)
Total Extra Space Storage Inc. stockholders' equity 14,537,121 3,259,597
Noncontrolling interest represented by Preferred Operating Partnership units, net 222,939 261,502
Noncontrolling interests in Operating Partnership, net and other noncontrolling interests 806,641 557,175
Total noncontrolling interests and equity 15,566,701 4,078,274
Total liabilities, noncontrolling interests and equity $ 27,625,818 $ 12,167,458