Statements Of Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Revenues:
Revenues	$ 2,846,823	$ 2,754,280	$ 2,668,528
Expenses:
Self-storage cost of operations	752,579	695,731	657,633
Ancillary cost of operations	44,204	43,991	50,345
Depreciation and amortization	512,918	483,646	454,526
General and administrative	71,983	118,720	82,882
Interest expense	45,641	32,542	12,690
Operating expenses	1,427,325	1,374,630	1,258,076
Other increase (decrease) to net income:
Interest and other income	28,436	26,442	18,771
Equity in earnings of unconsolidated real estate entities	69,547	103,495	75,655
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
Gain due to Shurgard public offering		151,616
Net income	1,525,651	1,717,223	1,448,465
Allocation to noncontrolling interests	(5,117)	(6,192)	(6,248)
Net income allocable to Public Storage shareholders	1,520,534	1,711,031	1,442,217
Allocation of net income to:
Preferred shareholders- distributions	(210,179)	(216,316)	(236,535)
Preferred shareholders - redemptions (Note 8)	(32,693)		(29,330)
Restricted share units	(4,895)	(5,815)	(4,743)
Net income allocable to common shareholders	$ 1,272,767	$ 1,488,900	$ 1,171,609
Net income per common share:
Basic	$ 7.30	$ 8.56	$ 6.75
Diluted	$ 7.29	$ 8.54	$ 6.73
Basic weighted average common shares outstanding	174,287	173,969	173,613
Diluted weighted average common shares outstanding	174,530	174,297	174,151
Self-Storage Operations [Member]
Revenues:
Revenues	$ 2,684,552	$ 2,597,607	$ 2,512,433
Ancillary Operations [Member]
Revenues:
Revenues	$ 162,271	$ 156,673	$ 156,095