7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-03-31 2013-06-30 2012-09-30 2012-03-31 2011-12-31 2011-09-30 2011-06-30 2011-03-31 2010-09-30 2010-06-30 2010-03-31 2009-12-31 
      
    		                                                       
      assets
    		                                                       
      cash and equivalents
    		296,460,000 1,104,603,000 287,177,000 447,416,000 599,004,000 542,263,000 271,645,000 370,002,000 629,773,000 651,665,000 695,424,000 775,253,000 883,787,000 1,013,886,000 940,524,000 734,599,000  480,810,000 159,622,000 257,560 293,955,000 1,268,475,000 718,427,000 409,743 541,357,000 360,331,000 217,973,000 361,218,000 432,525,000 338,419,000 363,030,000 433,376,000                        
      real estate facilities, at cost:
    		                                                       
      land
    		5,896,029,000 5,805,482,000 5,761,652,000 5,711,685,000 5,652,960,000 5,644,056,000 5,628,128,000 5,628,488,000 5,575,643,000 5,315,098,000 5,293,989,000 5,273,073,000 5,240,841,000 5,175,744,000 5,156,795,000 5,134,060,000  4,796,684,000 4,432,749,000 4,375,588 4,307,686,000 4,300,406,000 4,267,474,000 4,186,873 4,152,663,000 4,116,718,000 4,080,301,000 4,047,982,000 4,027,764,000 3,993,027,000 3,959,870,000 3,947,123,000 3,851,679,000 3,809,491,000 3,807,344,000 3,781,479,000 3,712,382,000 3,686,289,000 3,613,583,000 3,564,810,000 3,533,393,000 3,517,310,000 3,488,609,000 3,327,012,000 2,867,523,000 2,852,481,000 2,823,255,000 2,811,515,000 2,809,340,000 2,795,770,000 2,793,494,000 2,785,630,000 2,776,731,000 2,717,117,000 2,717,368,000 
      buildings
    		23,815,040,000 23,306,210,000 23,079,380,000 22,767,053,000 22,441,100,000 22,170,780,000 21,970,032,000 21,836,750,000 21,421,031,000 19,365,416,000 19,129,120,000 18,946,053,000 18,535,053,000 18,139,804,000 17,886,912,000 17,673,773,000  15,181,248,000 13,211,931,000 12,997,039 12,476,340,000 12,397,440,000 12,281,507,000 12,102,273 11,878,809,000 11,665,027,000 11,457,059,000 11,248,862,000 11,108,129,000 10,951,605,000 10,806,814,000 10,718,866,000 10,518,224,000 10,349,848,000 10,293,315,000 10,181,750,000 9,973,859,000 9,884,371,000 9,719,034,000 9,640,451,000 9,559,470,000 9,502,764,000 9,431,266,000 9,012,703,000 8,238,526,000 8,128,225,000 8,008,921,000 7,961,762,000 7,936,926,000 7,887,522,000 7,835,179,000 7,773,237,000 7,725,359,000 7,578,733,000 7,575,587,000 
      accumulated depreciation
    		-11,199,115,000 -10,938,166,000 -10,682,425,000 -10,426,186,000 -10,172,372,000 -9,921,201,000 -9,671,521,000 -9,423,974,000 -9,188,151,000 -8,966,878,000 -8,759,281,000 -8,554,155,000 -8,346,598,000 -8,150,113,000 -7,958,536,000 -7,773,308,000  -7,435,657,000 -7,286,332,000 -7,152,135 -7,013,362,000 -6,881,358,000 -6,751,150,000 -6,623,475 -6,496,989,000 -6,375,132,000 -6,255,475,000 -6,140,072,000 -6,041,262,000 -5,923,687,000 -5,811,286,000 -5,700,331,000 -5,585,825,000 -5,482,071,000 -5,376,215,000 -5,270,963,000 -5,166,881,000 -5,064,423,000 -4,964,848,000 -4,866,738,000 -4,767,104,000 -4,668,557,000 -4,574,373,000 -4,192,529,000 -3,913,399,000 -3,650,000,000 -3,483,067,000 -3,398,379,000 -3,312,971,000 -3,227,804,000 -3,142,304,000 -2,975,105,000 -2,889,931,000 -2,816,692,000 -2,734,449,000 
      construction in process
    		267,816,000 257,295,000 240,669,000 308,101,000 310,514,000 380,746,000 389,278,000 345,453,000 457,064,000 449,931,000 377,348,000 372,992,000 406,354,000 380,060,000 337,552,000 272,471,000  249,713,000 201,316,000 188,079 176,658,000 153,382,000 161,699,000 141,934 184,033,000 191,874,000 213,785,000 285,339,000 253,719,000 234,044,000 279,624,000 264,441,000 221,970,000 282,374,000 205,253,000 230,310,000 261,372,000 228,103,000 275,131,000 219,190,000 174,622,000 145,455,000 135,896,000 37,742,000 74,472,000   4,299,000 4,018,000 8,531,000 7,278,000 8,298,000 6,237,000 8,381,000 3,527,000 
      investment in unconsolidated real estate entity
    		383,557,000 387,946,000 374,115,000 382,490,000 397,482,000 374,161,000                                                  
      goodwill and other intangible assets
    		269,568,000 253,467,000 263,203,000 282,187,000 294,546,000 320,794,000 351,465,000 387,267,000 414,291,000 212,022,000 219,730,000 232,517,000 239,811,000 249,744,000 271,127,000 302,894,000  265,486,000 205,061,000 204,654 204,700,000 206,922,000 209,440,000 205,936 211,476,000 210,178,000 210,459,000 209,856,000 209,317,000 207,390,000 210,733,000 214,957,000 205,868,000 207,203,000 209,593,000 212,719,000 212,548,000 213,396,000 212,506,000 211,458,000 212,976,000 216,312,000 221,330,000 232,273,000 205,228,000 210,148,000 211,278,000 209,833,000 211,425,000       
      other assets
    		384,963,000 364,616,000 291,675,000 282,188,000 279,985,000 277,163,000 289,310,000 275,050,000 287,967,000 256,294,000 265,756,000 230,822,000 239,024,000 207,832,000 213,758,000 207,656,000  184,167,000 286,313,000 172,715 169,248,000 159,430,000 175,298,000 174,344 171,345,000 165,772,000 166,600,000 131,097,000 138,343,000 129,917,000 130,481,000 130,287,000 133,377,000 125,348,000 125,066,000 122,148,000 118,236,000 93,208,000 90,821,000 95,468,000 99,586,000 92,763,000 124,212,000 96,490,000 88,875,000 95,319,000 87,485,000 87,204,000 93,136,000 91,578,000 97,466,000 100,866,000 93,230,000 101,414,000 92,900,000 
      total assets
    		20,114,318,000 20,541,453,000 19,615,446,000 19,754,934,000 19,803,219,000 19,788,762,000 19,617,385,000 19,809,216,000 19,875,749,000 17,560,326,000 17,507,778,000 17,552,307,000 17,450,920,000 17,862,851,000 17,698,781,000 17,380,908,000  14,490,365,000 11,981,735,000 11,816,546 11,385,148,000 12,358,055,000 11,825,921,000 11,365,444 11,413,861,000 11,113,291,000 10,875,016,000 10,928,270,000 10,747,940,000 10,692,962,000 10,685,520,000 10,732,892,000 10,765,694,000 10,365,727,000 10,083,911,000 10,130,338,000 9,865,769,000 9,997,137,000 10,064,347,000 9,778,232,000 9,654,815,000 9,634,758,000 9,772,017,000 9,682,582,000 9,094,598,000 9,288,120,000 9,406,312,000 8,932,562,000 9,085,543,000 9,272,336,000 9,435,521,000 9,651,410,000 9,569,513,000 9,744,471,000 9,805,645,000 
      liabilities and equity
    		                                                       
      notes payable
    		10,042,822,000 10,440,279,000 9,424,558,000 9,353,034,000 9,473,778,000 9,400,520,000 9,067,890,000 9,103,277,000 9,029,622,000 6,894,167,000 6,899,335,000 6,870,826,000 6,740,451,000 7,340,904,000 7,441,723,000 7,475,279,000  4,995,620,000 2,996,111,000 2,544,992 2,499,570,000 2,457,871,000 2,438,668,000 1,902,493 1,892,435,000 1,908,110,000 1,406,150,000 1,412,283,000 1,417,945,000 1,420,834,000 1,442,911,000 1,431,322,000 1,425,854,000        55,725,000 47,683,000 58,657,000 88,150,000 111,688,000 347,943,000 372,979,000 398,314,000 418,851,000 449,519,000 461,882,000 589,518,000 593,275,000 516,132,000 518,889,000 
      accrued and other liabilities
    		664,389,000 624,825,000 520,536,000 588,248,000 619,416,000 584,594,000 504,197,000 598,993,000 644,236,000 507,588,000 470,395,000 514,680,000 589,712,000 473,599,000 453,971,000 482,091,000  406,642,000 368,309,000 394,655 433,524,000 394,986,000 357,045,000 383,284 444,962,000 410,671,000 374,245,000 371,259,000 409,973,000 351,336,000 326,819,000 337,201,000 380,420,000 322,923,000 294,542,000 297,935,000 345,734,000 305,769,000 275,170,000 261,578,000 295,482,000 270,414,000 264,439,000 222,608,000 218,703,000 242,706,000 212,766,000 210,966,000 244,462,000 227,869,000 210,769,000 243,629,000 231,759,000 201,416,000 212,253,000 
      total liabilities
    		10,707,211,000 11,065,104,000 9,945,094,000 9,941,282,000 10,093,194,000 9,985,114,000 9,572,087,000 9,702,270,000 9,673,858,000 7,401,755,000 7,369,730,000 7,385,506,000 7,330,163,000 7,814,503,000 7,895,694,000 7,957,370,000  5,727,262,000 3,364,420,000 3,239,647 2,933,094,000 3,347,857,000 2,795,713,000 2,285,777 2,624,897,000 2,318,781,000 1,780,395,000 1,783,542,000 1,827,918,000 1,772,170,000 1,769,730,000 1,768,523,000 1,806,274,000 1,203,701,000 690,404,000 688,684,000 776,626,000 1,230,104,000 986,834,000 580,594,000 476,207,000 329,097,000 468,096,000 682,758,000 330,391,000 957,974,000 1,062,379,000 609,280,000 663,313,000 677,388,000 672,651,000 833,147,000 825,034,000 922,914,000 731,142,000 
      commitments and contingencies
    		                                                       
      equity:
    		                                                       
      public storage shareholders’ equity:
    		                                                       
      preferred shares, 0.01 par value, 100,000,000 shares authorized, 174,000 shares issued (in series) and outstanding, (174,000 shares at december 31, 2024) at liquidation preference
    		4,350,000,000 4,350,000,000 4,350,000,000                                                     
      common shares, 0.10 par value, 650,000,000 shares authorized, 175,462,847 shares issued
    		17,546,000                                                       
      paid-in capital
    		6,143,166,000 6,131,517,000 6,124,382,000 6,116,113,000 6,032,686,000 6,006,460,000 5,991,606,000 5,980,760,000 5,951,794,000 5,940,945,000 5,923,564,000 5,896,423,000 5,878,739,000 5,848,632,000 5,827,674,000 5,821,667,000  5,764,672,000 5,715,254,000 5,707,101 5,706,970,000 5,702,466,000 5,709,861,000 5,710,934 5,719,182,000 5,729,945,000 5,708,699,000 5,718,485,000 5,697,308,000 5,673,078,000 5,655,267,000 5,648,399,000 5,631,049,000 5,625,784,000 5,624,358,000 5,609,768,000 5,602,834,000 5,598,846,000 5,596,091,000 5,601,506,000 5,591,664,000 5,571,895,000 5,558,112,000 5,544,204,000 5,517,742,000 5,411,623,000 5,413,151,000 5,442,506,000 5,432,932,000 5,518,738,000 5,529,227,000 5,513,603,000 5,499,452,000 5,487,156,000 5,680,549,000 
      accumulated deficit
    		-1,150,224,000 -1,085,142,000 -867,425,000 -699,083,000 -737,450,000 -592,665,000 -336,003,000 -267,910,000 -130,581,000 -167,404,000 -168,952,000 -110,231,000 -122,631,000 -182,213,000 -436,101,000 -550,416,000  -863,742,000 -877,931,000 -914,791 -867,950,000 -789,089,000 -701,226,000 -665,575 -650,222,000 -648,391,000 -615,329,000 -577,360,000 -760,284,000 -735,065,000 -735,806,000 -675,711,000 -662,360,000 -609,424,000 -553,473,000 -487,581,000 -494,325,000 -491,912,000 -476,861,000 -434,610,000 -444,395,000 -428,270,000 -398,905,000 -385,512,000 -338,785,000 -312,690,000 -296,969,000 -259,578,000 -265,226,000 -237,689,000 -223,960,000 -226,343,000 -272,485,000 -202,998,000 -153,759,000 
      accumulated other comprehensive loss
    		-48,365,000 -41,461,000 -58,244,000 -71,965,000 -52,684,000 -74,051,000 -74,513,000 -67,239,000 -81,104,000 -75,146,000 -76,448,000 -80,317,000 -96,470,000 -79,217,000 -60,382,000 -53,587,000  -46,082,000 -49,341,000 -43,401 -62,344,000 -73,136,000 -78,005,000 -64,890 -78,513,000 -67,549,000 -65,971,000 -64,060,000 -84,339,000 -84,601,000 -70,851,000 -75,064,000 -74,873,000 -82,143,000 -92,225,000 -95,106,000 -83,667,000 -78,991,000 -67,773,000 -68,548,000 -67,437,000 -61,523,000 -78,572,000 -15,000 -22,522,000 -15,371,000 -11,950,000 -23,014,000 -15,218,000  -678,000 -11,880,000 -35,251,000 -24,779,000 -15,002,000 
      total public storage shareholders’ equity
    		9,312,123,000 9,372,459,000 9,566,256,000 9,712,606,000 9,610,063,000 9,707,245,000 9,948,662,000 10,013,178,000 10,107,659,000 10,065,944,000 10,045,711,000 10,073,402,000 10,027,172,000 9,954,726,000 9,698,712,000 9,335,177,000  8,743,584,000 8,597,947,000 8,558,867 8,434,127,000 8,992,691,000 9,013,078,000 9,062,911 8,774,135,000 8,768,934,000 9,069,821,000 9,119,478,000 8,895,091,000 8,895,806,000 8,891,003,000 8,940,009,000 8,936,190,000 9,139,087,000 9,363,514,000 9,411,910,000 9,059,656,000 8,737,753,000 9,048,766,000 9,170,641,000 9,152,118,000 9,279,369,000 9,277,895,000 8,973,401,000 8,736,106,000 8,300,626,000 8,321,727,000 8,288,209,000 8,385,762,000 8,553,194,000 8,717,565,000 8,672,076,000 8,598,390,000 8,676,023,000 8,928,407,000 
      noncontrolling interests
    		94,984,000 103,890,000 104,096,000 101,046,000 99,962,000 96,403,000 96,636,000 93,768,000 94,232,000 92,627,000 92,337,000 93,399,000 93,585,000 93,622,000 20,549,000 20,112,000  19,519,000 19,368,000 18,032 17,927,000 17,507,000 17,130,000 16,756 14,829,000 25,576,000 24,800,000 25,250,000 24,931,000 24,986,000 24,787,000 24,360,000 23,230,000 22,939,000 29,993,000 29,744,000 29,487,000 29,280,000 28,747,000 26,997,000 26,490,000 26,292,000 26,026,000 26,423,000 28,101,000           
      total equity
    		9,407,107,000 9,476,349,000 9,670,352,000 9,813,652,000 9,710,025,000 9,803,648,000 10,045,298,000 10,106,946,000 10,201,891,000 10,158,571,000 10,138,048,000 10,166,801,000 10,120,757,000 10,048,348,000 9,719,261,000 9,355,289,000  8,763,103,000 8,617,315,000 8,576,899 8,452,054,000 9,010,198,000 9,030,208,000 9,079,667 8,788,964,000 8,794,510,000 9,094,621,000 9,144,728,000 8,920,022,000 8,920,792,000 8,915,790,000 8,964,369,000 8,959,420,000 9,162,026,000 9,393,507,000 9,441,654,000 9,089,143,000 8,767,033,000 9,077,513,000 9,197,638,000 9,178,608,000 9,305,661,000 9,303,921,000 8,999,824,000 8,764,207,000 8,330,146,000 8,343,933,000 8,310,927,000 8,409,914,000 8,582,623,000 8,750,578,000 8,805,136,000 8,731,328,000 8,808,451,000 9,061,381,000 
      total liabilities and equity
    		20,114,318,000 20,541,453,000 19,615,446,000 19,754,934,000 19,803,219,000 19,788,762,000 19,617,385,000 19,809,216,000 19,875,749,000 17,560,326,000 17,507,778,000       14,490,365,000 11,981,735,000 11,816,546 11,385,148,000 12,358,055,000 11,825,921,000 11,365,444 11,413,861,000 11,113,291,000 10,875,016,000 10,928,270,000 10,747,940,000 10,692,962,000 10,685,520,000 10,732,892,000 10,765,694,000 10,365,727,000 10,083,911,000 10,130,338,000 9,865,769,000 9,997,137,000 10,064,347,000 9,778,232,000 9,654,815,000 9,634,758,000 9,772,017,000 9,682,582,000 9,094,598,000 9,288,120,000 9,406,312,000 8,932,562,000 9,085,543,000 9,272,336,000 9,435,521,000 9,651,410,000 9,569,513,000 9,744,471,000 9,805,645,000 
      common shares, 0.10 par value, 650,000,000 shares authorized, 175,452,716 shares issued
    		 17,545,000                                                      
      common shares, 0.10 par value, 650,000,000 shares authorized, 175,430,172 shares issued
    		  17,543,000                                                     
      preferred shares, 0.01 par value, 100,000,000 shares authorized, 174,000 shares issued (in series) and outstanding, (174,000 shares at december 31, 2023) at liquidation preference
    		   4,350,000,000 4,350,000,000 4,350,000,000 4,350,000,000                                                 
      common shares, 0.10 par value, 650,000,000 shares authorized, 175,408,393 shares issued
    		   17,541,000                                                    
      common shares, 0.10 par value, 650,000,000 shares authorized, 175,108,335 shares issued
    		    17,511,000                                                   
      common shares, 0.10 par value, 650,000,000 shares authorized, 175,010,887 shares issued
    		     17,501,000                                                  
      investments in unconsolidated real estate entities
    		      389,048,000 390,180,000 278,131,000 276,778,000 285,692,000 275,752,000 252,648,000 845,894,000 850,649,000 828,763,000  767,914,000 771,075,000 773,046 769,923,000 753,358,000 763,226,000 767,816 771,167,000 778,523,000 784,314,000 783,988,000 619,405,000 762,247,000 746,254,000 724,173,000 726,168,000 715,268,000 698,696,000 689,207,000 697,040,000 696,069,000 812,415,000 809,308,000 806,204,000 808,455,000 792,280,000 858,222,000 717,937,000   714,627,000        
      common shares, 0.10 par value, 650,000,000 shares authorized, 175,723,561 shares issued and outstanding
    		      17,572,000                                                 
      preferred shares, 0.01 par value, 100,000,000 shares authorized, 174,000 shares issued (in series) and outstanding, (174,000 shares at december 31, 2022) at liquidation preference
    		       4,350,000,000 4,350,000,000                                               
      common shares, 0.10 par value, 650,000,000 shares authorized, 175,670,727 shares issued and outstanding
    		       17,567,000                                                
      common shares, 0.10 par value, 650,000,000 shares authorized, 175,501,315 shares issued and outstanding
    		        17,550,000                                               
      preferred shares, 0.01 par value, 100,000,000 shares authorized, 174,000 shares issued (in series) and outstanding, (174,000 at december 31, 2022) at liquidation preference
    		         4,350,000,000 4,350,000,000                                             
      common shares, 0.10 par value, 650,000,000 shares authorized, 175,492,886 shares issued and outstanding
    		         17,549,000                                              
      common shares, 0.10 par value, 650,000,000 shares authorized, 175,466,222 shares issued and outstanding
    		          17,547,000                                             
      redeemable noncontrolling interests
    		              83,826,000 68,249,000                                12,355,000 12,316,000       
      preferred shares, 0.01 par value, 100,000,000 shares authorized, 174,000 shares issued (in series) and outstanding, (164,000 at december 31, 2021) at liquidation preference
    		           4,350,000,000 4,350,000,000 4,350,000,000 4,350,000,000                                         
      common shares, 0.10 par value, 650,000,000 shares authorized, 175,265,668 shares issued and outstanding
    		           17,527,000                                            
      total liabilities, redeemable noncontrolling interests and equity
    		           17,552,307,000 17,450,920,000 17,862,851,000 17,698,781,000 17,380,908,000                                        
      common shares, 0.10 par value, 650,000,000 shares authorized, 175,336,452 shares issued and outstanding
    		            17,534,000                                           
      common shares, 0.10 par value, 650,000,000 shares authorized, 175,239,263 shares issued and outstanding
    		             17,524,000                                          
      common shares, 0.10 par value, 650,000,000 shares authorized, 175,212,439 shares issued and outstanding
    		              17,521,000                                         
      preferred shares called for redemption
    		                 325,000,000  300,000  495,000,000   287,500,000         460,000,000    487,500,000 375,000,000  125,000,000  145,000,000   367,325,000 476,634,000         
      preferred shares, 0.01 par value, 100,000,000 shares authorized, 164,000 shares issued (in series) and outstanding, (151,700 at december 31, 2020) at liquidation preference
    		               4,100,000,000                                        
      common shares, 0.10 par value, 650,000,000 shares authorized, 175,134,455 shares issued and outstanding
    		               17,513,000                                        
      operating facilities, at cost:
    		                                                       
      beginning balance
    		                17,372,627,000                                       
      capital expenditures to maintain real estate facilities
    		                177,641,000                                       
      acquisitions
    		                2,741,952,000                                       
      dispositions
    		                -6,783,000                                       
      developed or expanded facilities opened for operation
    		                171,086,000                                       
      ending balance
    		                20,456,523,000                                       
      accumulated depreciation:
    		                                                       
      depreciation expense
    		                -450,757,000                                       
      construction in process:
    		                                                       
      costs incurred to develop and expand real estate facilities
    		                211,386,000                                       
      total real estate facilities at september 30, 2021
    		                13,086,406,000                                       
      psb
    		                451,336,000                                       
      shurgard
    		                327,936,000                                       
      total
    		                779,272,000                                       
      preferred shares, 0.01 par value, 100,000,000 shares authorized,
    		                                                       
      154,850 shares issued (in series) and outstanding,
    		                                                       
      (151,700 at december 31, 2020) at liquidation preference
    		                 3,871,250,000                                      
      common shares, 0.10 par value, 650,000,000 shares authorized,
    		                                                       
      174,864,437 shares issued and outstanding (174,581,742 shares at
    		                                                       
      december 31, 2020)
    		                 17,486,000 17,465,000                                     
      151,700 shares issued (in series) and outstanding,
    		                                                       
      at liquidation preference
    		                  3,792,500,000                         3,797,500,000 3,562,500,000           
      174,651,004 shares issued and outstanding (174,581,742 shares at
    		                                                       
      151,700 shares issued (in series) and outstanding, (162,600 at
    		                                                       
      december 31, 2019), at liquidation preference
    		                   3,792,500 3,640,000,000 4,135,000,000 4,065,000,000                                 
      174,581,742 shares issued and outstanding (174,418,615 shares at
    		                                                       
      december 31, 2019)
    		                   17,458 17,451,000 17,450,000 17,448,000                                 
      145,600 shares issued (in series) and outstanding, (162,600 at
    		                                                       
      174,512,070 shares issued and outstanding (174,418,615 shares at
    		                                                       
      165,400 shares issued (in series) and outstanding, (162,600 at
    		                                                       
      174,498,918 shares issued and outstanding (174,418,615 shares at
    		                                                       
      162,600 shares issued (in series) and outstanding, (162,600 at
    		                                                       
      174,475,022 shares issued and outstanding (174,418,615 shares at
    		                                                       
      162,600 shares issued (in series) and outstanding, (161,000 at
    		                                                       
      december 31, 2018), at liquidation preference
    		                       4,065,000 3,766,250,000 3,737,500,000 4,025,000,000                             
      174,418,615 shares issued and outstanding (174,130,881 shares at
    		                                                       
      december 31, 2018)
    		                       17,442 17,438,000 17,429,000 17,422,000                             
      150,650 shares issued (in series) and outstanding, (161,000 at
    		                                                       
      174,378,478 shares issued and outstanding (174,130,881 shares at
    		                                                       
      149,500 shares issued (in series) and outstanding, (161,000 at
    		                                                       
      174,294,523 shares issued and outstanding (174,130,881 shares at
    		                                                       
      161,000 shares issued (in series) and outstanding, (161,000 at
    		                                                       
      174,215,292 shares issued and outstanding (174,130,881 shares at
    		                                                       
      december 31, 2017), at liquidation preference
    		                           4,025,000,000 4,025,000,000 4,025,000,000 4,025,000,000                         
      174,130,881 shares issued and outstanding (173,853,370 shares at
    		                                                       
      december 31, 2017)
    		                           17,413,000 17,406,000 17,394,000 17,393,000                         
      174,059,645 shares issued and outstanding (173,853,370 shares at
    		                                                       
      173,937,035 shares issued and outstanding (173,853,370 shares at
    		                                                       
      173,927,759 shares issued and outstanding (173,853,370 shares at
    		                                                       
      161,000 shares issued (in series) and outstanding, (174,700 at
    		                                                       
      december 31, 2016), at liquidation preference
    		                               4,025,000,000 4,025,000,000 4,187,500,000 4,367,500,000                     
      173,853,370 shares issued and outstanding (173,288,787 shares at
    		                                                       
      december 31, 2016)
    		                               17,385,000 17,374,000 17,370,000 17,354,000                     
      cash and cash equivalents
    		                                694,233,000 358,266,000 120,859,000 183,688,000 57,213,000 260,124,000 305,705,000 104,285,000 35,668,000 20,256,000 152,797,000 101,112,000 410,910,000 535,752,000 620,079,000 139,008,000 160,733,000 144,487,000 145,105,000 513,479,000 474,336,000 719,982,000 763,789,000 
      173,738,808 shares issued and outstanding (173,288,787 shares at
    		                                                       
      senior unsecured notes
    		                                 390,692,000 365,349,000 359,810,000 383,438,000 379,792,000 274,814,000 263,940,000                
      mortgage notes
    		                                 30,086,000 30,513,000 30,939,000 47,454,000 57,043,000 61,850,000 55,076,000                
      167,500 shares issued (in series) and outstanding, (174,700 at
    		                                                       
      173,699,438 shares issued and outstanding (173,288,787 shares at
    		                                                       
      174,700 shares issued (in series) and outstanding, (174,700 at
    		                                                       
      173,543,322 shares issued and outstanding (173,288,787 shares at
    		                                                       
      174,700 shares issued (in series) and outstanding, (162,200 at
    		                                                       
      december 31, 2015), at liquidation preference
    		                                   4,367,500,000 4,017,500,000 3,692,500,000 3,980,000,000                 
      173,288,787 shares issued and outstanding (172,921,241 shares at
    		                                                       
      december 31, 2015)
    		                                   17,329,000 17,314,000 17,310,000 17,309,000                 
      160,700 shares issued (in series) and outstanding, (162,200 at
    		                                                       
      173,137,424 shares issued and outstanding (172,921,241 shares at
    		                                                       
      147,700 shares issued (in series) and outstanding, (162,200 at
    		                                                       
      173,098,015 shares issued and outstanding (172,921,241 shares at
    		                                                       
      159,200 shares issued (in series) and outstanding, (162,200 at
    		                                                       
      173,078,782 shares issued and outstanding (172,921,241 shares at
    		                                                       
      162,200 shares issued (in series) and outstanding, (173,000 at
    		                                                       
      december 31, 2014), at liquidation preference
    		                                       4,055,000,000 4,055,000,000 4,180,000,000 4,180,000,000             
      172,921,241 shares issued and outstanding (172,445,554 shares at
    		                                                       
      december 31, 2014)
    		                                       17,293,000 17,286,000 17,267,000 17,260,000             
      172,853,700 shares issued and outstanding (172,445,554 shares at
    		                                                       
      borrowings on bank credit facility
    		                                         11,000,000              
      167,200 shares issued (in series) and outstanding, (173,000 at
    		                                                       
      172,664,710 shares issued and outstanding (172,445,554 shares at
    		                                                       
      172,594,849 shares issued and outstanding (172,445,554 shares at
    		                                                       
      loan receivable from shurgard europe
    		                                           209,557,000        515,379,000 477,031,000 527,243,000 561,703,000 
      term loan
    		                                           372,000,000            
      preferred shares, 0.01 par value, 100,000,000 shares authorized, 151,900
    		                                                       
      shares issued (in series) and outstanding, (142,500 at december 31, 2013),
    		                                                       
      172,236,050 shares issued and outstanding (171,776,291 shares at
    		                                                       
      december 31, 2013)
    		                                           17,224,000            
      loan receivable from unconsolidated real estate entity
    		                                            404,526,000           
      preferred shares, 0.01 par value, 100,000,000 shares authorized, 142,500
    		                                                       
      shares issued (in series) and outstanding, (113,500 at december 31, 2012),
    		                                                       
      171,705,912 shares issued and outstanding (171,388,286 shares at
    		                                                       
      december 31, 2012)
    		                                            17,171,000           
      investment in unconsolidated real estate entities
    		                                             716,401,000 723,528,000         
      loans receivable from unconsolidated real estate entities
    		                                             399,794,000 414,833,000         
      public storage shareholders:
    		                                                       
      cumulative preferred shares of beneficial interest, 0.01 par value, 100,000,000 shares authorized, 128,000 shares issued (in series) and outstanding, (475,000 at december 31, 2011) at liquidation preference
    		                                             3,200,000,000          
      common shares of beneficial interest, 0.10 par value, 650,000,000 shares authorized, 170,634,560 shares issued and outstanding
    		                                             17,064,000          
      permanent noncontrolling interests
    		                                             29,520,000 22,206,000 22,718,000 24,152,000       
      cumulative preferred shares of beneficial interest, 0.01 par value, 100,000,000 shares authorized, 128,018 shares issued (in series) and outstanding, (475,000 at december 31, 2011) at liquidation preference
    		                                              3,200,450,000         
      common shares of beneficial interest, 0.10 par value, 650,000,000 shares authorized, 170,449,508 shares issued and outstanding
    		                                              17,045,000         
      marketable securities
    		                                                   102,131,000 94,888,000 95,191,000  
      loan receivable from unconsolidated real estate entities
    		                                               402,693,000        
      cumulative preferred shares of beneficial interest, 0.01 par value, 100,000,000 shares authorized, 475,000 shares issued (in series) and outstanding, (486,390 at december 31, 2010), at liquidation preference
    		                                               3,111,271,000        
      common shares of beneficial interest, 0.10 par value, 650,000,000 shares authorized, 170,238,805 shares issued and outstanding
    		                                               17,024,000        
      investment in real estate entities
    		                                                716,587,000 733,054,000 617,026,000 607,057,000 586,936,000 601,104,000 612,316,000 
      loans receivable from real estate entities
    		                                                466,349,000 630,606,000 871,777,000     
      cumulative preferred shares of beneficial interest, 0.01 par value, 100,000,000 shares authorized, 479,200 shares issued (in series) and outstanding, (486,390 at december 31, 2010) at liquidation preference
    		                                                3,216,271,000       
      common shares of beneficial interest, 0.10 par value, 650,000,000 shares authorized, 170,036,247 shares issued and outstanding
    		                                                17,003,000       
      goodwill
    		                                                 174,634,000 174,634,000 174,634,000 174,634,000 174,634,000 174,634,000 
      intangible assets
    		                                                 33,958,000 35,866,000 45,804,000 50,062,000 37,364,000 38,270,000 
      redeemable noncontrolling interests in subsidiaries
    		                                                 12,325,000 12,292,000 13,127,000 13,151,000 13,106,000 13,122,000 
      cumulative preferred shares of beneficial interest, 0.01 par value, 100,000,000 shares authorized, 480,690 shares issued (in series) and outstanding, (486,390 at december 31, 2010) at liquidation preference
    		                                                 3,253,527,000      
      common shares of beneficial interest, 0.10 par value, 650,000,000 shares authorized, 169,507,379 shares issued and outstanding
    		                                                 16,952,000      
      accumulated other comprehensive income
    		                                                 1,666,000      
      equity of permanent noncontrolling interests in subsidiaries
    		                                                 29,429,000 33,013,000 133,060,000 132,938,000 132,428,000 132,974,000 
      cumulative preferred shares of beneficial interest, 0.01 par value, 100,000,000 shares authorized, 486,390 shares issued (in series) and outstanding, (486,390 at december 31, 2010) at liquidation preference
    		                                                  3,396,027,000     
      common shares of beneficial interest, 0.10 par value, 650,000,000 shares authorized, 169,470,524 shares issued and outstanding
    		                                                  16,949,000     
      cumulative preferred shares of beneficial interest, 0.01 par value, 100,000,000 shares authorized, 485,740 shares issued (in series) and outstanding, (886,140 at december 31, 2009) at liquidation preference
    		                                                   3,379,777,000    
      common shares of beneficial interest, 0.10 par value, 650,000,000 shares authorized, 169,174,859 shares issued and outstanding
    		                                                   16,919,000    
      equity shares of beneficial interest, series a, 0.01 par value, 100,000,000 shares authorized, none outstanding
    		                                                       
      cumulative preferred shares of beneficial interest, 0.01 par value, 100,000,000 shares authorized, 885,740 shares issued (in series) and outstanding, (886,140 at december 31, 2009) at liquidation preference
    		                                                    3,389,777,000   
      common shares of beneficial interest, 0.10 par value, 650,000,000 shares authorized, 168,954,925 shares issued and outstanding
    		                                                    16,897,000   
      equity shares, series a called for redemption
    		                                                     205,366,000  
      cumulative preferred shares of beneficial interest, 0.01 par value, 100,000,000 shares authorized, 886,140 shares issued (in series) and outstanding, (886,140 at december 31, 2009) at liquidation preference
    		                                                     3,399,777,000  
      common shares of beneficial interest, 0.10 par value, 650,000,000 shares authorized, 168,657,595 shares issued and outstanding
    		                                                     16,867,000  
      cumulative preferred shares of beneficial interest, 0.01 par value, 100,000,000 shares authorized, 886,140 shares issued (in series) and outstanding, (887,122 at december 31, 2008), at liquidation preference
    		                                                      3,399,777,000 
      common shares of beneficial interest, 0.10 par value, 650,000,000 shares authorized, 168,405,539 shares issued and outstanding
    		                                                      16,842,000 
      equity shares of beneficial interest, series a, 0.01 par value, 100,000,000 shares authorized, 8,377.193 shares issued and outstanding
    		                                                       
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.