| Fiscal period | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|
| Period End Date | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 |
|---|
| Rental income: Self-storage facilities | 4,395.99 | 4,259.61 | 3,946.03 | 3,203.57 | 2,721.63 | 2,684.55 | 2,597.61 | 2,512.43 | 2,405.83 | 2,235.53 |
| Rental income: Commercial properties | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Rental income: Containerized storage facilities | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Interest and other income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity in earnings of real estate entities | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Ancillary operations | 299.62 | 258.08 | 236.14 | 212.26 | 193.44 | 162.27 | 156.67 | 156.10 | 154.72 | 146.17 |
| Tenant reinsurance premiums | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Revenues | 4,695.62 | 4,517.69 | 4,182.16 | 3,415.82 | 2,915.07 | 2,846.82 | 2,754.28 | 2,668.53 | 2,560.55 | 2,381.70 |
| Storage facilities | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Commercial properties | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Containerized storage facilities | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Self Storage Cost of Operations | 1,136.72 | 1,061.95 | 980.21 | 852.03 | 807.54 | 752.58 | 695.73 | 657.63 | 617.91 | 586.70 |
| Ancillary Cost of Operations | 121.28 | 86.00 | 72.70 | 68.57 | 59.92 | 44.20 | 43.99 | 50.35 | 51.18 | 48.81 |
| Tenant reinsurance | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Depreciation and amortization | 1,129.77 | 970.06 | 888.15 | 713.43 | 553.26 | 512.92 | 483.65 | 454.53 | 433.31 | 426.01 |
| General and administrative | 106.68 | 80.63 | 114.74 | 101.25 | 83.20 | 71.98 | 118.72 | 82.88 | 83.66 | 88.18 |
| Real estate acquisition and development expense | (15.51) | (26.45) | -- | -- | -- | -- | -- | -- | -- | -- |
| Total operating expenses | 2,797.35 | 2,426.22 | 2,192.11 | 1,826.05 | 1,560.20 | 1,427.33 | 1,374.63 | 1,245.39 | 1,186.05 | 1,149.69 |
| Operating Income (Loss) | -- | -- | -- | -- | -- | -- | -- | 1,423.14 | 1,374.50 | 1,232.01 |
| Interest expense | 287.40 | 201.13 | 136.32 | 90.77 | 56.28 | 45.64 | 32.54 | 12.69 | 4.21 | 0.61 |
| Interest expense, including interest paid to related party | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset impairment charges | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Gain on disposition of real estate investments | 1.54 | 17.18 | -- | -- | -- | -- | -- | -- | 0.69 | 18.50 |
| Equity in earnings of unconsolidated real estate entities | 19.82 | 27.90 | -- | -- | -- | -- | -- | -- | -- | -- |
| Gain on sale of equity investment in PS Business Parks, Inc | 0.00 | 0.00 | 2,128.86 | -- | -- | -- | -- | -- | -- | -- |
| Interest and other income | 67.21 | 85.59 | 40.57 | 12.31 | 22.32 | 28.44 | 26.44 | 18.77 | 15.14 | 16.54 |
| Foreign currency exchange (loss) gain | 102.24 | (51.20) | -- | -- | -- | -- | -- | -- | -- | -- |
| Pre-Tax Income | 2,089.08 | 2,170.94 | -- | -- | -- | -- | -- | -- | -- | -- |
| Income tax expense | 4.67 | 10.82 | -- | -- | -- | -- | -- | -- | -- | -- |
| Minority interest in income: Preferred partnership interests- Based on ongoing distributions paid | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Minority interest in income: Preferred partnership interests- Special distribution and restructuring allocation | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Minority interest in income: Other partnership interests | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Minority interest in income: Preferred partnership interests | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Minority interest in income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity in earnings of real estate entities | -- | -- | 106.98 | 232.09 | 80.50 | 69.55 | 103.50 | 75.66 | 56.76 | 50.94 |
| Gain on disposition of real estate and real estate investments | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Gain on disposition of an interest in Shurgard Europe | -- | -- | -- | -- | 0.00 | 0.00 | 151.62 | -- | -- | -- |
| Casualty loss | -- | -- | -- | -- | -- | -- | -- | (7.79) | -- | -- |
| Gain on disposition of real estate | -- | -- | 1.50 | 13.68 | 1.49 | 0.34 | 37.90 | 1.42 | -- | -- |
| Foreign currency exchange gain | -- | -- | 98.31 | 111.79 | (97.95) | 7.83 | 18.12 | (50.05) | 17.57 | 0.31 |
| Income (expense) from derivatives, net | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Casualty gain | -- | -- | -- | -- | -- | 0.00 | 0.00 | -- | -- | -- |
| Gain on early retirement of debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Income from continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Cumulative effect of a change in accounting principle | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Consolidated net income (loss) | 2,084.41 | 2,160.12 | 4,366.27 | 1,959.64 | 1,361.23 | 1,525.65 | 1,717.22 | 1,448.47 | 1,460.44 | 1,317.69 |
| Net income allocated from (to) noncontrolling equity interests | 12.40 | 11.79 | 17.13 | 6.38 | 4.01 | 5.12 | 6.19 | -- | -- | -- |
| Noncontrolling interests in subsidiaries: Based upon income of the subsidiaries | -- | -- | -- | -- | -- | -- | -- | 6.25 | 6.86 | 6.45 |
| Noncontrolling interests in subsidiaries: Based upon repurchases of preferred partnership units | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Other noncontrolling interests in subsidiaries | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net Income allocable to Public Storage shareholders | 2,072.01 | 2,148.33 | 4,349.15 | 1,953.26 | 1,357.21 | 1,520.53 | -- | 1,442.22 | -- | -- |
| Preferred shareholders based on distributions paid | 194.70 | 194.70 | 194.39 | 186.58 | 207.07 | 210.18 | 216.32 | 236.54 | 238.21 | 245.10 |
| Preferred shareholders based on redemptions | -- | 0.00 | 0.00 | 28.91 | 48.27 | 32.69 | 0.00 | 29.33 | 26.87 | 8.90 |
| Restricted share units | 4.62 | 4.88 | 12.47 | 5.33 | 3.55 | 4.90 | 5.82 | 4.74 | 4.61 | 4.20 |
| Allocation of net income to: Equity Shares, Series A - distributions | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Allocation of net income to: Equity Shares, Series A - redemptions | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net income (loss) available to common shareholders | 1,872.69 | 1,948.74 | 4,142.29 | 1,732.44 | 1,098.34 | 1,272.77 | 1,488.90 | 1,171.61 | 1,183.88 | 1,053.05 |
| EPS (Basic) : Continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| EPS (Basic) : Income from discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net Earnings Per Share (Basic) | 10.68 | 11.11 | 23.64 | 9.91 | 6.29 | 7.30 | 8.56 | 6.75 | 6.84 | 6.10 |
| EPS (Diluted) : Continuing operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| EPS (Diluted) : Income from discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net Earnings Per Share (Diluted) | 10.64 | 11.06 | 23.50 | 9.87 | 6.29 | 7.29 | 8.54 | 6.73 | 6.81 | 6.07 |
| Weighted Average Shares Outstanding (Basic) | 175.35 | 175.47 | 175.26 | 174.86 | 174.49 | 174.29 | 173.97 | 173.61 | 173.09 | 172.70 |
| Weighted Average Shares Outstanding (Diluted) | 176.04 | 176.14 | 176.28 | 175.57 | 174.64 | 174.53 | 174.30 | 174.15 | 173.88 | 173.51 |
| Funds From Operations (FFO) | 3,025.91 | 2,924.29 | 2,900.82 | 2,345.84 | 1,702.35 | 1,845.80 | 1,821.44 | 1,689.59 | 1,687.28 | 1,524.80 |