CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Revenues:
Revenues	$ 3,415,824	$ 2,915,068	$ 2,855,108
Expenses:
Self-storage cost of operations	852,030	807,543	762,416
Ancillary cost of operations	68,568	59,919	50,736
Depreciation and amortization	713,428	553,257	512,918
General and administrative	101,254	83,199	62,146
Interest expense	90,774	56,283	45,641
Operating expenses	1,826,054	1,560,201	1,433,857
Other increases (decreases) to net income:
Interest and other income	12,306	22,323	26,683
Equity in earnings of unconsolidated real estate entities	232,093	80,497	69,547
Foreign currency exchange gain (loss)	111,787	(97,953)	7,829
Gain on sale of real estate	13,683	1,493	341
Net income	1,959,639	1,361,227	1,525,651
Allocation to noncontrolling interests	(6,376)	(4,014)	(5,117)
Net income allocable to Public Storage shareholders	1,953,263	1,357,213	1,520,534
Allocation of net income to:
Preferred shareholders	(186,579)	(207,068)	(210,179)
Preferred shareholders - redemptions (Note 9)	(28,914)	(48,265)	(32,693)
Restricted share units	(5,326)	(3,545)	(4,895)
Net income allocable to common shareholders	$ 1,732,444	$ 1,098,335	$ 1,272,767
Net income per common share:
Basic (in USD per share)	$ 9.91	$ 6.29	$ 7.30
Diluted (in USD per share)	$ 9.87	$ 6.29	$ 7.29
Basic weighted average common shares outstanding (in shares)	174,858	174,494	174,287
Diluted weighted average common shares outstanding (in shares)	175,568	174,642	174,530
Self-storage facilities
Revenues:
Revenues	$ 3,203,566	$ 2,721,630	$ 2,684,552
Ancillary operations
Revenues:
Revenues	$ 212,258	$ 193,438	$ 170,556