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. This is a positive signal — higher values indicate stronger performance for this metric.
An increase suggests a strategy of leveraging third-party capital to scale operations without full balance sheet consolidation.
This reflects the company's equity interest in joint ventures, partnerships, or other entities where it does not have a...
Common in REITs with strategic capital management segments; peers like Blackstone or industrial REITs use similar structures.
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% |