CONSOLIDATED STATEMENTS OF EQUITY - USD ($) $ in Thousands |
Total |
Total Equity |
Total Public Storage Shareholders' Equity |
Cumulative Preferred Shares |
Common Shares |
Paid-in Capital |
Accumulated Deficit |
Accumulated Deficit Including Noncontrolling Interest |
Accumulated Deficit, NCI Portion |
Accumulated Other Comprehensive Loss |
Parent Including Noncontrolling Interest |
Parent, NCI Portion |
Noncontrolling Interests |
Common Shares |
Common Shares
Total Public Storage Shareholders' Equity
|
Common Shares
Common Shares
|
Common Shares
Paid-in Capital
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Beginning balance at Dec. 31, 2023 | $ 10,106,946 | $ 10,013,178 | $ 4,350,000 | $ 17,567 | $ 5,980,760 | $ (267,910) | $ (67,239) | $ 93,768 | |||||||||
| Increase (Decrease) in Stockholders' Equity [Roll Forward] | |||||||||||||||||
| Issuance of common shares in connection with share-based compensation | $ 10,430 | $ 10,430 | $ 7 | $ 10,423 | |||||||||||||
| Taxes withheld upon net share settlement of restricted share units | (5,616) | (5,616) | (5,616) | ||||||||||||||
| Share-based compensation cost | 23,757 | 23,757 | 23,757 | ||||||||||||||
| Repurchase of common shares (726,865 shares) | (200,000) | (200,000) | (199,927) | (73) | |||||||||||||
| Acquisition of noncontrolling interests | 0 | ||||||||||||||||
| Contributions by noncontrolling interests | 1,418 | 1,418 | |||||||||||||||
| Net income | 1,032,906 | $ 0 | $ 1,032,906 | $ (5,831) | $ 1,032,906 | $ (5,831) | 5,831 | ||||||||||
| Reallocation of equity | 0 | (2,864) | (2,864) | 2,864 | |||||||||||||
| Distributions to: | |||||||||||||||||
| Preferred shareholders | (97,351) | (97,351) | (97,351) | ||||||||||||||
| Noncontrolling interests | (7,477) | (7,477) | |||||||||||||||
| Common shareholders, restricted share unitholders and unvested LTIP unitholders | (1,054,552) | (1,054,552) | (1,054,552) | ||||||||||||||
| Other comprehensive income (loss) | (6,813) | (6,812) | (6,812) | (1) | |||||||||||||
| Ending balance at Jun. 30, 2024 | 9,803,648 | 9,707,245 | 4,350,000 | 17,501 | 6,006,460 | (592,665) | (74,051) | 96,403 | |||||||||
| Beginning balance at Mar. 31, 2024 | 10,045,298 | 9,948,662 | 4,350,000 | 17,572 | 5,991,606 | (336,003) | (74,513) | 96,636 | |||||||||
| Increase (Decrease) in Stockholders' Equity [Roll Forward] | |||||||||||||||||
| Issuance of common shares in connection with share-based compensation | 2,597 | 2,597 | 2 | 2,595 | |||||||||||||
| Taxes withheld upon net share settlement of restricted share units | (288) | (288) | (288) | ||||||||||||||
| Share-based compensation cost | 12,452 | 12,452 | 12,452 | ||||||||||||||
| Repurchase of common shares (726,865 shares) | (200,000) | (200,000) | (199,927) | (73) | |||||||||||||
| Contributions by noncontrolling interests | 91 | 91 | |||||||||||||||
| Net income | 521,209 | 521,209 | (3,082) | 521,209 | (3,082) | 3,082 | |||||||||||
| Reallocation of equity | 0 | 95 | 95 | (95) | |||||||||||||
| Distributions to: | |||||||||||||||||
| Preferred shareholders | (48,673) | (48,673) | (48,673) | ||||||||||||||
| Noncontrolling interests | (3,311) | (3,311) | |||||||||||||||
| Common shareholders, restricted share unitholders and unvested LTIP unitholders | (526,189) | (526,189) | (526,189) | ||||||||||||||
| Other comprehensive income (loss) | 462 | 462 | 462 | ||||||||||||||
| Ending balance at Jun. 30, 2024 | 9,803,648 | 9,707,245 | 4,350,000 | 17,501 | 6,006,460 | (592,665) | (74,051) | 96,403 | |||||||||
| Beginning balance at Dec. 31, 2024 | 9,813,652 | 9,712,606 | 4,350,000 | 17,541 | 6,116,113 | (699,083) | (71,965) | 101,046 | |||||||||
| Increase (Decrease) in Stockholders' Equity [Roll Forward] | |||||||||||||||||
| Issuance of common shares in connection with share-based compensation | 7,845 | 7,845 | 4 | 7,841 | |||||||||||||
| Taxes withheld upon net share settlement of restricted share units | (3,040) | (3,040) | (3,040) | ||||||||||||||
| Share-based compensation cost | 22,746 | 22,746 | 22,746 | ||||||||||||||
| Acquisition of noncontrolling interests | (9,061) | (8,161) | (8,161) | (900) | |||||||||||||
| Contributions by noncontrolling interests | 2,684 | 2,684 | |||||||||||||||
| Net income | 772,202 | $ 0 | 772,202 | (5,992) | 772,202 | (5,992) | 5,992 | ||||||||||
| Reallocation of equity | 0 | (3,982) | (3,982) | 3,982 | |||||||||||||
| Distributions to: | |||||||||||||||||
| Preferred shareholders | (97,355) | (97,355) | (97,355) | ||||||||||||||
| Noncontrolling interests | (8,925) | (8,925) | |||||||||||||||
| Common shareholders, restricted share unitholders and unvested LTIP unitholders | (1,054,914) | (1,054,914) | (1,054,914) | ||||||||||||||
| Other comprehensive income (loss) | 30,515 | 30,504 | 30,504 | 11 | |||||||||||||
| Ending balance at Jun. 30, 2025 | 9,476,349 | 9,372,459 | 4,350,000 | 17,545 | 6,131,517 | (1,085,142) | (41,461) | 103,890 | |||||||||
| Beginning balance at Mar. 31, 2025 | 9,670,352 | 9,566,256 | 4,350,000 | 17,543 | 6,124,382 | (867,425) | (58,244) | 104,096 | |||||||||
| Increase (Decrease) in Stockholders' Equity [Roll Forward] | |||||||||||||||||
| Issuance of common shares in connection with share-based compensation | $ 4,628 | $ 4,628 | $ 2 | $ 4,626 | |||||||||||||
| Taxes withheld upon net share settlement of restricted share units | (372) | (372) | (372) | ||||||||||||||
| Share-based compensation cost | 11,553 | 11,553 | 11,553 | ||||||||||||||
| Acquisition of noncontrolling interests | (8,958) | (8,056) | (8,056) | (902) | |||||||||||||
| Contributions by noncontrolling interests | 1,531 | 1,531 | |||||||||||||||
| Net income | 361,411 | $ 361,411 | $ (2,992) | $ 361,411 | $ (2,992) | 2,992 | |||||||||||
| Reallocation of equity | 0 | (616) | (616) | 616 | |||||||||||||
| Distributions to: | |||||||||||||||||
| Preferred shareholders | (48,677) | (48,677) | (48,677) | ||||||||||||||
| Noncontrolling interests | (4,451) | (4,451) | |||||||||||||||
| Common shareholders, restricted share unitholders and unvested LTIP unitholders | (527,459) | (527,459) | (527,459) | ||||||||||||||
| Other comprehensive income (loss) | 16,791 | 16,783 | 16,783 | 8 | |||||||||||||
| Ending balance at Jun. 30, 2025 | $ 9,476,349 | $ 9,372,459 | $ 4,350,000 | $ 17,545 | $ 6,131,517 | $ (1,085,142) | $ (41,461) | $ 103,890 |