XML 16 R6.htm IDEA: XBRL DOCUMENT v3.20.2
Statement Of Equity - USD ($)
$ in Thousands
Cumulative Preferred Shares [Member]
Common Shares [Member]
Paid-In Capital [Member]
Accumulated Deficit [Member]
Accumulated Other Comprehensive Loss [Member]
Total Public Storage Shareholders' Equity [Member]
Noncontrolling Interests [Member]
Total
Balances at Dec. 31, 2018 $ 4,025,000 $ 17,413 $ 5,718,485 $ (577,360) $ (64,060) $ 9,119,478 $ 25,250 $ 9,144,728
Issuance of preferred shares (Note 8) 285,000         276,723   276,723
Issuance of preferred shares (Note 8), adjustment to APIC     (8,277)          
Redemption of preferred shares (Note 8) (572,500)         (572,500)   (572,500)
Issuance of common shares in connection with share-based compensation (Note 10)   16 17,374     17,390   17,390
Share-based compensation expense, net of cash paid in lieu of common shares     2,363     2,363   2,363
Contributions by noncontrolling interests             1,302 1,302
Net income       739,134   739,134   739,134
Net income allocated to noncontrolling interests       (2,557)   (2,557) 2,557 (2,557)
Distributions to:                
Preferred shareholders (Note 8)       (108,537)   (108,537)   (108,537)
Noncontrolling interests             (3,533) (3,533)
Common shareholders and restricted share unitholders ($2.00 per share)       (699,071)   (699,071)   (699,071)
Other comprehensive income (loss) (Note 2)         (3,489) (3,489)   (3,489)
Balances at Jun. 30, 2019 3,737,500 17,429 5,729,945 (648,391) (67,549) 8,768,934 25,576 8,794,510
Balances at Mar. 31, 2019 4,025,000 17,422 5,708,699 (615,329) (65,971) 9,069,821 24,800 9,094,621
Redemption of preferred shares (Note 8) (287,500)         (287,500)   (287,500)
Issuance of common shares in connection with share-based compensation (Note 10)   7 15,790     15,797   15,797
Share-based compensation expense, net of cash paid in lieu of common shares     5,456     5,456   5,456
Contributions by noncontrolling interests             1,106 1,106
Net income       371,456   371,456   371,456
Net income allocated to noncontrolling interests       (1,400)   (1,400) 1,400 (1,400)
Distributions to:                
Preferred shareholders (Note 8)       (53,525)   (53,525)   (53,525)
Noncontrolling interests             (1,730) (1,730)
Common shareholders and restricted share unitholders ($2.00 per share)       (349,593)   (349,593)   (349,593)
Other comprehensive income (loss) (Note 2)         (1,578) (1,578)   (1,578)
Balances at Jun. 30, 2019 3,737,500 17,429 5,729,945 (648,391) (67,549) 8,768,934 25,576 8,794,510
Balances at Dec. 31, 2019 4,065,000 17,442 5,710,934 (665,575) (64,890) 9,062,911 16,756 9,079,667
Issuance of preferred shares (Note 8) 565,000         549,170   549,170
Issuance of preferred shares (Note 8), adjustment to APIC     (15,830)          
Redemption of preferred shares (Note 8) (495,000)         (495,000)   (495,000)
Issuance of common shares in connection with share-based compensation (Note 10)   8 3,678     3,686   3,686
Share-based compensation expense, net of cash paid in lieu of common shares     3,716     3,716   3,716
Acquisition of noncontrolling interests     (32)     (32) (1) (33)
Contributions by noncontrolling interests             1,433 1,433
Net income       682,948   682,948   682,948
Net income allocated to noncontrolling interests       (1,869)   (1,869) 1,869 (1,869)
Distributions to:                
Preferred shareholders (Note 8)       (104,957)   (104,957)   (104,957)
Noncontrolling interests             (2,550) (2,550)
Common shareholders and restricted share unitholders ($2.00 per share)       (699,636)   (699,636)   (699,636)
Other comprehensive income (loss) (Note 2)         (8,246) (8,246)   (8,246)
Balances at Jun. 30, 2020 4,135,000 17,450 5,702,466 (789,089) (73,136) 8,992,691 17,507 9,010,198
Balances at Mar. 31, 2020 4,065,000 17,448 5,709,861 (701,226) (78,005) 9,013,078 17,130 9,030,208
Issuance of preferred shares (Note 8) 565,000         549,170   549,170
Issuance of preferred shares (Note 8), adjustment to APIC     (15,830)          
Redemption of preferred shares (Note 8) (495,000)         (495,000)   (495,000)
Issuance of common shares in connection with share-based compensation (Note 10)   2 1,921     1,923   1,923
Share-based compensation expense, net of cash paid in lieu of common shares     6,546     6,546   6,546
Acquisition of noncontrolling interests     (32)     (32) (1) (33)
Contributions by noncontrolling interests             867 867
Net income       315,812   315,812   315,812
Net income allocated to noncontrolling interests       (889)   (889) 889 (889)
Distributions to:                
Preferred shareholders (Note 8)       (52,952)   (52,952)   (52,952)
Noncontrolling interests             (1,378) (1,378)
Common shareholders and restricted share unitholders ($2.00 per share)       (349,834)   (349,834)   (349,834)
Other comprehensive income (loss) (Note 2)         4,869 4,869   4,869
Balances at Jun. 30, 2020 $ 4,135,000 $ 17,450 $ 5,702,466 $ (789,089) $ (73,136) $ 8,992,691 $ 17,507 $ 9,010,198