v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Assets:    
Real estate assets, net $ 24,926,765 $ 25,004,350
Real estate assets - operating lease right-of-use assets 737,606 732,176
Investments in unconsolidated real estate entities 1,069,602 1,066,783
Investments in debt securities and notes receivable 1,758,534 1,806,526
Cash and cash equivalents 138,986 138,920
Other assets, net 467,877 515,291
Total assets 29,099,370 29,264,046
Liabilities, Noncontrolling Interests and Equity:    
Secured notes payable, net 1,076,443 1,079,565
Unsecured term loans, net 1,495,012 1,494,659
Unsecured senior notes, net 9,446,570 9,432,427
Revolving lines of credit and commercial paper 1,152,500 1,224,000
Operating lease liabilities 769,688 761,106
Cash distributions in unconsolidated real estate ventures 74,288 73,701
Accounts payable and accrued expenses 374,814 357,583
Other liabilities 497,553 516,969
Total liabilities 14,886,868 14,940,010
Commitments and contingencies
Extra Space Storage Inc. stockholders’ equity:    
Preferred stock, $0.01 par value, 50,000,000 shares authorized, no shares issued or outstanding 0 0
Common stock, $0.01 par value, 500,000,000 shares authorized, 211,197,111 and 211,155,322 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively 2,112 2,112
Additional paid-in capital 14,882,445 14,880,646
Accumulated other comprehensive income (loss) 314 (420)
Accumulated deficit (1,552,391) (1,449,172)
Total Extra Space Storage Inc. stockholders’ equity 13,332,480 13,433,166
Noncontrolling interest represented by Preferred Operating Partnership units 47,827 53,827
Noncontrolling interests in Operating Partnership, net and other noncontrolling interests 832,195 837,043
Total noncontrolling interests and equity 14,212,502 14,324,036
Total liabilities, noncontrolling interests and equity $ 29,099,370 $ 29,264,046