Discontinued — last reported Q4 '20

Non-Current Assets

Investment properties, at cost

Extra Space Storage Investment properties, at cost increased by 0.3% to $28.98B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.2%, from $28.07B to $28.98B. Over 4 years (FY 2021 to FY 2025), Investment properties, at cost shows an upward trend with a 28.3% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ4 2020

How to read this metric

An increase indicates active acquisition or development activity, while a decrease suggests asset divestment or portfolio pruning.

Detailed definition

This represents the gross historical cost of all real estate assets held by the company for the purpose of generating re...

Peer comparison

Standard across all REITs; peers report this as gross real estate assets before depreciation.

Metric ID: reit_investment_properties

Historical Data

18 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$10.64B$10.80B$11.07B$11.88B$12.08B$12.16B$12.26B$26.87B$27.06B$27.17B$27.20B$27.45B$27.83B$28.07B$28.64B$28.65B$28.88B$28.98B
QoQ Change+1.4%+2.5%+7.3%+1.7%+0.6%+0.8%+119.2%+0.7%+0.4%+0.1%+0.9%+1.4%+0.9%+2.0%+0.0%+0.8%+0.3%
YoY Change+13.5%+12.6%+10.7%+126.1%+123.9%+123.4%+121.9%+2.1%+2.8%+3.3%+5.3%+4.4%+3.8%+3.2%
Range$10.64B$28.98B
CAGR+26.6%
Avg YoY Growth+39.8%
Median YoY Growth+8.0%
Current Streak17+ quarters growth

Frequently Asked Questions

What is Extra Space Storage's investment properties, at cost?
Extra Space Storage (EXR) reported investment properties, at cost of $28.98B in Q1 2026.
How has Extra Space Storage's investment properties, at cost changed year-over-year?
Extra Space Storage's investment properties, at cost increased by 3.2% year-over-year, from $28.07B to $28.98B.
What is the long-term trend for Extra Space Storage's investment properties, at cost?
Over 4 years (2021 to 2025), Extra Space Storage's investment properties, at cost has grown at a 28.3% compound annual growth rate (CAGR), from $10.64B to $28.88B.
What does investment properties, at cost mean?
The total original cost of all real estate properties owned by the company.