Extra Space Storage Inc
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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FY2023 · Filed Feb 29, 2024
EXR$158.95-0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets as of December 31, and
Consolidated Balance Sheets
(dollars in thousands, except share data)
| December 31, 2023 | December 31, 2022 | |
|---|---|---|
| Assets: | ||
| Real estate assets, net | $24,555,873 | $9,997,978 |
| Real estate assets - operating lease right-of-use assets | 227,241 | 221,725 |
| Investments in unconsolidated real estate entities | 1,071,617 | 582,412 |
| Investments in debt securities and notes receivable | 904,769 | 858,049 |
| Cash and cash equivalents | 99,062 | 92,868 |
| Other assets, net | 597,700 | 414,426 |
| Total assets | $27,456,262 | $12,167,458 |
| Liabilities, Noncontrolling Interests and Equity: | ||
| Notes payable, net | $1,273,549 | $1,288,555 |
| Unsecured term loans, net | 2,650,581 | 2,340,116 |
| Unsecured senior notes, net | 6,410,618 | 2,757,791 |
| Revolving lines of credit | 682,000 | 945,000 |
| Operating lease liabilities | 236,515 | 229,035 |
| Cash distributions in unconsolidated real estate ventures | 71,069 | 67,352 |
| Accounts payable and accrued expenses | 334,518 | 171,680 |
| Other liabilities | 383,463 | 289,655 |
| Total liabilities | 12,042,313 | 8,089,184 |
| Commitments and contingencies | ||
| Noncontrolling Interests and Equity: | ||
| Extra Space Storage Inc. stockholders' equity: | ||
| Preferred stock, $0.01 par value, 50,000,000 shares authorized, no shares issued or outstanding | — | — |
| Common stock, $0.01 par value, 500,000,000 shares authorized, 211,278,803 and 133,921,020 shares issued and outstanding at December 31, 2023 and 2022, respectively | 2,113 | 1,339 |
| Additional paid-in capital | 14,750,388 | 3,345,332 |
| Accumulated other comprehensive income | 17,435 | 48,798 |
| Accumulated deficit | (379,015) | (135,872) |
| Total Extra Space Storage Inc. stockholders' equity | 14,390,921 | 3,259,597 |
| Noncontrolling interest represented by Preferred Operating Partnership units, net | 222,360 | 261,502 |
| Noncontrolling interests in Operating Partnership, net and other noncontrolling interests | 800,668 | 557,175 |
| Total noncontrolling interests and equity | 15,413,949 | 4,078,274 |
| Total liabilities, noncontrolling interests and equity | $27,456,262 | $12,167,458 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.