Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Assets:
Real estate assets, net	$ 24,587,627	$ 24,555,873
Real estate assets - operating lease right-of-use assets	689,803	227,241
Investments in unconsolidated real estate entities	1,332,338	1,071,617
Investments in debt securities and notes receivable	1,550,950	904,769
Cash and cash equivalents	138,222	99,062
Other assets, net	548,986	597,700
Total assets	28,847,926	27,456,262
Liabilities, Noncontrolling Interests and Equity:
Secured notes payable, net	1,010,541	1,273,549
Unsecured term loans, net	2,192,507	2,650,581
Unsecured senior notes, net	7,756,968	6,410,618
Revolving lines of credit and commercial paper	1,362,000	682,000
Operating lease liabilities	705,845	236,515
Cash distributions in unconsolidated real estate ventures	75,319	71,069
Accounts payable and accrued expenses	346,519	334,518
Other liabilities	538,865	383,463
Total liabilities	13,988,564	12,042,313
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, 211,995,510 and 211,278,803 shares issued and outstanding at December 31, 2024 and 2023, respectively	2,120	2,113
Additional paid-in capital	14,831,946	14,750,388
Accumulated other comprehensive income	12,806	17,435
Accumulated deficit	(899,337)	(379,015)
Total Extra Space Storage Inc. stockholders' equity	13,947,535	14,390,921
Noncontrolling interest represented by Preferred Operating Partnership units	76,092	222,360
Noncontrolling interests in Operating Partnership, net and other noncontrolling interests	835,735	800,668
Total noncontrolling interests and equity	14,859,362	15,413,949
Total liabilities, noncontrolling interests and equity	$ 28,847,926	$ 27,456,262