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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Assets:    
Real estate assets, net $ 24,555,873 $ 9,997,978
Real estate assets - operating lease right-of-use assets 227,241 221,725
Investments in unconsolidated real estate entities 1,071,617 582,412
Investments in debt securities and notes receivable 904,769 858,049
Cash and cash equivalents 99,062 92,868
Other assets, net 597,700 414,426
Total assets 27,456,262 12,167,458
Liabilities, Noncontrolling Interests and Equity:    
Notes payable, net 1,273,549 1,288,555
Unsecured term loans, net 2,650,581 2,340,116
Unsecured senior notes, net 6,410,618 2,757,791
Revolving lines of credit 682,000 945,000
Operating lease liabilities 236,515 229,035
Cash distributions in unconsolidated real estate ventures 71,069 67,352
Accounts payable and accrued expenses 334,518 171,680
Other liabilities 383,463 289,655
Total liabilities 12,042,313 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, 211,278,803 and 133,921,020 shares issued and outstanding at December 31, 2023 and 2022, respectively 2,113 1,339
Additional paid-in capital 14,750,388 3,345,332
Accumulated other comprehensive income 17,435 48,798
Accumulated deficit (379,015) (135,872)
Total Extra Space Storage Inc. stockholders' equity 14,390,921 3,259,597
Noncontrolling interest represented by Preferred Operating Partnership units, net 222,360 261,502
Noncontrolling interests in Operating Partnership, net and other noncontrolling interests 800,668 557,175
Total noncontrolling interests and equity 15,413,949 4,078,274
Total liabilities, noncontrolling interests and equity $ 27,456,262 $ 12,167,458