Statements Of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Revenues:
Revenues	$ 709,285	$ 710,950	$ 1,425,367	$ 1,399,988
Expenses:
Self-storage cost of operations	213,825	196,083	421,750	389,739
Ancillary cost of operations	11,782	11,653	22,727	22,198
Depreciation and amortization	137,618	126,859	273,518	248,800
General and administrative	20,294	15,264	41,358	34,767
Interest expense	14,145	12,254	27,766	20,397
Operating expenses	397,664	362,113	787,119	715,901
Other increases to net income:
Interest and other income	5,831	8,582	12,310	15,547
Equity in earnings of unconsolidated real estate entities	17,655	18,914	41,623	36,586
Foreign currency exchange (loss) gain	(19,295)	(5,218)	(10,350)	2,573
Gain on sale of real estate		341	1,117	341
Net income	315,812	371,456	682,948	739,134
Allocation to noncontrolling interests	(889)	(1,400)	(1,869)	(2,557)
Net income allocable to Public Storage shareholders	314,923	370,056	681,079	736,577
Allocation of net income to:
Preferred shareholders- distributions	(52,952)	(53,525)	(104,957)	(108,537)
Preferred shareholders - redemptions (Note 8)	(15,069)	(8,861)	(15,069)	(17,394)
Restricted share units	(783)	(1,259)	(1,800)	(2,492)
Net income allocable to common shareholders	$ 246,119	$ 306,411	$ 559,253	$ 608,154
Net income per common share:
Basic	$ 1.41	$ 1.76	$ 3.21	$ 3.49
Diluted	$ 1.41	$ 1.76	$ 3.20	$ 3.49
Basic weighted average common shares outstanding	174,493	174,253	174,470	174,215
Diluted weighted average common shares outstanding	174,575	174,542	174,596	174,459
Self-Storage Operations [Member]
Revenues:
Revenues	$ 664,542	$ 669,339	$ 1,338,743	$ 1,319,747
Ancillary Operations [Member]
Revenues:
Revenues	$ 44,743	$ 41,611	$ 86,624	$ 80,241