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CONSOLIDATED STATEMENTS OF EQUITY AND REDEEMABLE NONCONTROLLING INTERESTS - USD ($)
$ in Thousands
Total
Total Public Storage Shareholders' Equity
Cumulative Preferred Shares
Common Shares
Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Loss
Noncontrolling Interests
Beginning balance at Dec. 31, 2018 $ 9,144,728 $ 9,119,478 $ 4,025,000 $ 17,413 $ 5,718,485 $ (577,360) $ (64,060) $ 25,250
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of preferred shares 1,059,156 1,059,156 1,090,000   (30,844)      
Redemption and shares called for redemption of preferred shares (1,050,000) (1,050,000) (1,050,000)          
Issuance of common shares in connection with share-based compensation 33,564 33,564   29 33,535      
Share-based compensation expense, net of cash paid in lieu of common shares 13,671 13,671     13,671      
Acquisition of noncontrolling interests (35,000) (23,913)     (23,913)     (11,087)
Contributions by noncontrolling interests 4,148             4,148
Net income 1,525,651 1,525,651       1,525,651    
Net income allocated to noncontrolling interests (5,117) (5,117)       (5,117)   (5,117)
Distributions to:                
Preferred shareholders (210,179) (210,179)       (210,179)    
Noncontrolling interests (6,672)             (6,672)
Common shareholders and restricted share unitholders (1,398,570) (1,398,570)       (1,398,570)    
Other comprehensive income (loss) (830) (830)         (830)  
Ending balance at Dec. 31, 2019 9,079,667 9,062,911 4,065,000 17,442 5,710,934 (665,575) (64,890) 16,756
Beginning balance at Dec. 31, 2018 0              
Ending balance at Dec. 31, 2019 0              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of preferred shares 1,208,206 1,208,206 1,247,500   (39,294)      
Redemption and shares called for redemption of preferred shares (1,520,000) (1,520,000) (1,520,000)          
Issuance of common shares in connection with share-based compensation 12,664 12,664   16 12,648      
Share-based compensation expense, net of cash paid in lieu of common shares 22,845 22,845     22,845      
Acquisition of noncontrolling interests (33) (32)     (32)     (1)
Contributions by noncontrolling interests 2,629             2,629
Net income 1,361,227 1,361,227       1,361,227    
Net income allocated to noncontrolling interests (4,014) (4,014)       (4,014)   (4,014)
Distributions to:                
Preferred shareholders (207,068) (207,068)       (207,068)    
Noncontrolling interests (5,366)             (5,366)
Common shareholders and restricted share unitholders (1,399,361) (1,399,361)       (1,399,361)    
Other comprehensive income (loss) 21,489 21,489         21,489  
Ending balance at Dec. 31, 2020 8,576,899 8,558,867 3,792,500 17,458 5,707,101 (914,791) (43,401) 18,032
Ending balance at Dec. 31, 2020 0              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of preferred shares 1,147,455 1,147,455 1,182,500   (35,045)      
Redemption and shares called for redemption of preferred shares (875,000) (875,000) (875,000)          
Issuance of common shares in connection with share-based compensation 95,860 95,860   55 95,805      
Share-based compensation expense, net of cash paid in lieu of common shares 54,492 54,492     54,492      
Acquisition of noncontrolling interests (692) (686)     (686)     (6)
Contributions by noncontrolling interests 2,451             2,451
Net income 1,959,639 1,959,639       1,959,639    
Net income allocated to noncontrolling interests (6,376) (6,376)       (6,376)   (5,906)
Distributions to:                
Preferred shareholders (186,579) (186,579)       (186,579)    
Noncontrolling interests (6,271)             (6,271)
Common shareholders and restricted share unitholders (1,402,309) (1,402,309)       (1,402,309)    
Other comprehensive income (loss) (10,186) (10,186)         (10,186)  
Ending balance at Dec. 31, 2021 9,355,289 $ 9,335,177 $ 4,100,000 $ 17,513 $ 5,821,667 $ (550,416) $ (53,587) $ 20,112
Increase (Decrease) in Temporary Equity [Roll Forward]                
Contributions by noncontrolling interests 68,170              
Net income allocated to noncontrolling interests 470              
Noncontrolling interests (391)              
Ending balance at Dec. 31, 2021 $ 68,249