Public Storage
For the period ended Dec 31, 2023. Filed Feb 20, 2024.
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FY2023 · Filed Feb 20, 2024
PSA$338.15+0.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Balance Sheets as of and F-
CONSOLIDATED BALANCE SHEETS
(Amounts in thousands, except share data)
| December 31,2023 | December 31,2022 | |
|---|---|---|
| ASSETS | ||
| Cash and equivalents | $370,002 | $775,253 |
| Real estate facilities, at cost: | ||
| Land | 5,628,488 | 5,273,073 |
| Buildings | 21,836,750 | 18,946,053 |
| 27,465,238 | 24,219,126 | |
| Accumulated depreciation | (9,423,974) | (8,554,155) |
| 18,041,264 | 15,664,971 | |
| Construction in process | 345,453 | 372,992 |
| 18,386,717 | 16,037,963 | |
| Investments in unconsolidated real estate entities | 390,180 | 275,752 |
| Goodwill and other intangible assets, net | 387,267 | 232,517 |
| Other assets | 275,050 | 230,822 |
| Total assets | $19,809,216 | $17,552,307 |
| LIABILITIES AND EQUITY | ||
| Notes payable | $9,103,277 | $6,870,826 |
| Accrued and other liabilities | 598,993 | 514,680 |
| Total liabilities | 9,702,270 | 7,385,506 |
| Commitments and contingencies (Note 15) | ||
| 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, 2022) at liquidation preference | 4,350,000 | 4,350,000 |
| Common Shares, $0.10 par value, 650,000,000 shares authorized, 175,670,727 shares issued and outstanding (175,265,668 shares at December 31, 2022) | 17,567 | 17,527 |
| Paid-in capital | 5,980,760 | 5,896,423 |
| Accumulated deficit | (267,910) | (110,231) |
| Accumulated other comprehensive loss | (67,239) | (80,317) |
| Total Public Storage shareholders’ equity | 10,013,178 | 10,073,402 |
| Noncontrolling interests | 93,768 | 93,399 |
| Total equity | 10,106,946 | 10,166,801 |
| Total liabilities and equity | $19,809,216 | $17,552,307 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.