Segment Information (Tables)

12 Months Ended

Dec. 31, 2019

Segment Information [Abstract]

Summary Of Segment Information

		For the Years Ended December 31,
		2019		2018		2017
Self-Storage Segment
Revenue	$	2,684,552	$	2,597,607	$	2,512,433
Cost of operations		(752,579)		(695,731)		(657,633)
Net operating income		1,931,973		1,901,876		1,854,800
Depreciation and amortization		(512,918)		(483,646)		(454,526)
Net income		1,419,055		1,418,230		1,400,274
Ancillary Segment
Revenue		162,271		156,673		156,095
Cost of operations		(44,204)		(43,991)		(50,345)
Net operating income		118,067		112,682		105,750
Investment in PSB Segment
Equity in earnings of unconsolidated
real estate entities (a)		54,090		89,362		46,544
Investment in Shurgard Segment
Equity in earnings of unconsolidated
real estate entities (a)		15,457		14,133		25,948
Gain due to Shurgard public offering		-		151,616		-
Net income from Investment in Shurgard Segment		15,457		165,749		25,948
Total net income allocated to segments		1,606,669		1,786,023		1,578,516
Other items not allocated to segments:
General and administrative		(71,983)		(118,720)		(82,882)
Interest and other income		28,436		26,442		18,771
Equity in earnings of unconsolidated real
estate entities - Other Investments (a)		-		-		3,163
Interest expense		(45,641)		(32,542)		(12,690)
Foreign currency exchange gain (loss)		7,829		18,117		(50,045)
Casualty loss		-		-		(7,789)
Gain on sale of real estate		341		37,903		1,421
Net income	$	1,525,651	$	1,717,223	$	1,448,465

(a)See Note 4 for a reconciliation of these amounts to our total Equity in Earnings of Unconsolidated Real Estate Entities on our income statements.