Discontinued — last reported Q1 '19

Products & Services · Operating Lease Lease Income

Storage Rent — Operating Lease Lease Income

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ1 2019
Last reportedQ1 2019
Rolls up toTotal Revenue

How to read this metric

An increase indicates higher demand for storage amenities or successful pricing strategies, while a decrease may signal lower occupancy or reduced willingness of tenants to pay for extra storage.

Detailed definition

This metric measures the gross rental income generated from leasing dedicated storage units to residents within the comp...

Peer comparison

Most multifamily REITs disclose this as part of 'ancillary income' or 'other property revenue', often benchmarked against total rental revenue.

Metric ID: eqr_segment_storage_rent_operating_lease_lease_income

Frequently Asked Questions

What does storage rent — operating lease lease income mean?
The total gross revenue earned from renting storage units to residents.