Other

Minority Interest In Operating Partnerships

Extra Space Storage Minority Interest In Operating Partnerships decreased by 0.6% to $832.20M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.7%, from $837.89M to $832.20M. Over 5 years (FY 2020 to FY 2025), Minority Interest In Operating Partnerships shows an upward trend with a 31.1% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2018
Last reportedQ1 2026

How to read this metric

An increase suggests higher reliance on joint venture structures or external capital partners for property ownership.

Detailed definition

Represents the portion of equity in consolidated operating partnerships that is held by third-party partners rather than...

Peer comparison

Common in REITs using UPREIT structures or joint ventures; peers will report similar minority interests in consolidated partnerships.

Metric ID: other_minority_interest_in_operating_partnerships

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$219.97M$220.87M$410.37M$411.90M$429.89M$557.23M$557.18M$556.43M$556.69M$806.64M$800.67M$773.11M$766.90M$756.76M$835.74M$837.89M$832.42M$824.96M$837.04M$832.20M
QoQ Change+0.4%+85.8%+0.4%+4.4%+29.6%-0.0%-0.1%+0.0%+44.9%-0.7%-3.4%-0.8%-1.3%+10.4%+0.3%-0.7%-0.9%+1.5%-0.6%
YoY Change+95.4%+152.3%+35.8%+35.1%+29.5%+44.8%+43.7%+38.9%+37.8%-6.2%+4.4%+8.4%+8.5%+9.0%+0.2%-0.7%
Range$219.97M$837.89M
CAGR+32.3%
Avg YoY Growth+33.6%
Median YoY Growth+32.3%

Frequently Asked Questions

What is Extra Space Storage's minority interest in operating partnerships?
Extra Space Storage (EXR) reported minority interest in operating partnerships of $832.20M in Q1 2026.
How has Extra Space Storage's minority interest in operating partnerships changed year-over-year?
Extra Space Storage's minority interest in operating partnerships decreased by 0.7% year-over-year, from $837.89M to $832.20M.
What is the long-term trend for Extra Space Storage's minority interest in operating partnerships?
Over 5 years (2020 to 2025), Extra Space Storage's minority interest in operating partnerships has grown at a 31.1% compound annual growth rate (CAGR), from $216.29M to $837.04M.
What does minority interest in operating partnerships mean?
The value of the company's real estate assets owned by external partners rather than the company itself.