Extra Space Storage Investment in unconsolidated entities increased by 0.3% to $1.07B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 19.0%, from $1.32B to $1.07B. Over 5 years (FY 2020 to FY 2025), Investment in unconsolidated entities shows an upward trend with a 21.8% CAGR.
An increase suggests expansion into new markets or asset classes via partnerships, while a decrease may indicate divestment or consolidation of joint ventures.
Represents the carrying value of investments in joint ventures or partnerships where the company exercises significant i...
Common in REITs using joint ventures to scale capital deployment; peers often report these as equity method investments.
reit_investment_unconsolidated| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $361.23M | $373.77M | $457.33M | $475.29M | $544.77M | $568.69M | $582.41M | $600.62M | $747.78M | $1.08B | $1.07B | $1.07B | $1.07B | $1.06B | $1.33B | $1.32B | $1.09B | $1.06B | $1.07B | $1.07B |
| QoQ Change | — | +3.5% | +22.4% | +3.9% | +14.6% | +4.4% | +2.4% | +3.1% | +24.5% | +44.1% | -0.6% | -0.5% | -0.1% | -0.5% | +25.7% | -0.9% | -17.6% | -2.3% | +0.3% | +0.3% |
| YoY Change | — | — | — | — | +50.8% | +52.2% | +27.4% | +26.4% | +37.3% | +89.5% | +84.0% | +77.5% | +42.4% | -1.6% | +24.3% | +23.9% | +2.2% | +0.4% | -19.9% | -19.0% |