Extra Space Storage MI — Gross carrying amount - Building and improvements increased by 1.1% to $98.40M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 1.1%, from $97.35M to $98.40M.
Reflects the total historical investment in physical infrastructure, useful for assessing the scale of the regional portfolio.
The total gross book value of buildings and improvements in the Michigan segment, including initial costs and subsequent...
Standard accounting metric for real estate portfolios to show the gross value of building assets.
exr_segment_mi_gross_carrying_amount_building_and_improvements| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $67.98M | $68.89M | $70.02M | $97.35M | $98.40M |
| QoQ Change | — | +1.3% | +1.6% | +39.0% | +1.1% |
| YoY Change | — | +1.3% | +1.6% | +39.0% | +1.1% |