Issuance of common stock, net of offering costs (in shares)

Extra Space Storage Inc.Condensed Consolidated Statement of Noncontrolling Interests and Equity(amounts in thousands, except share data)(unaudited)  
  


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|  | Noncontrolling Interest |  | Extra Space Storage Inc. Stockholders' Equity |  |  |
|  |  | Preferred Operating Partnership |  | Operating Partnership |  | Other |  | Shares |  | Par Value |  | Additional Paid-in Capital |  | Accumulated Other Comprehensive Income (Loss) |  | Accumulated Deficit |  | Total Noncontrolling Interests and Equity |
| Balances at December 31, 2020 |  | $ | 172,052  |  |  | $ | 215,892  |  |  | $ | 401  |  |  | 131,357,961  |  |  | $ | 1,314  |  |  | $ | 3,000,458  |  |  | $ | (99,093) |  |  | $ | (354,900) |  |  | $ | 2,936,124  |  |
| Issuance of common stock upon the exercise of options |  | —  |  |  | —  |  |  | —  |  |  | 56,722  |  |  | —  |  |  | 4,254  |  |  | —  |  |  | —  |  |  | 4,254  |  |
| Issuance of common stock in connection with share based compensation |  | —  |  |  | —  |  |  | —  |  |  | 89,793  |  |  | —  |  |  | 3,652  |  |  | —  |  |  | —  |  |  | 3,652  |  |
| Restricted stock grants cancelled |  | —  |  |  | —  |  |  | —  |  |  | (2,499) |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |
| Issuance of common stock, net of offering costs |  | —  |  |  | —  |  |  | —  |  |  | 2,185,685  |  |  | 22  |  |  | 273,698  |  |  | —  |  |  | —  |  |  | 273,720  |  |
| Redemption of Operating Partnership units for stock |  | —  |  |  | (193) |  |  | —  |  |  | 5,000  |  |  | —  |  |  | 193  |  |  | —  |  |  | —  |  |  | —  |  |
| Noncontrolling interest in consolidated joint venture |  | —  |  |  | —  |  |  | (50) |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | (50) |  |
| Net income (loss) |  | 3,680  |  |  | 8,828  |  |  | (5) |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | 202,998  |  |  | 215,501  |  |
| Other comprehensive income |  | 144  |  |  | 956  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | 21,913  |  |  | —  |  |  | 23,013  |  |
| Distributions to Operating Partnership units held by noncontrolling interests |  | (3,224) |  |  | (5,801) |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | (9,025) |  |
| Dividends paid on common stock at $1.00 per share |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | (132,540) |  |  | (132,540) |  |
| Balances at March 31, 2021 |  | $ | 172,652  |  |  | $ | 219,682  |  |  | $ | 346  |  |  | 133,692,662  |  |  | $ | 1,336  |  |  | $ | 3,282,255  |  |  | $ | (77,180) |  |  | $ | (284,442) |  |  | $ | 3,314,649  |  |
| Issuance of common stock upon the exercise of options |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |
| Issuance of common stock in connection with share based compensation |  | —  |  |  | —  |  |  | —  |  |  | 44,990  |  |  | —  |  |  | 4,983  |  |  | —  |  |  | —  |  |  | 4,983  |  |
| Restricted stock grants cancelled |  | —  |  |  | —  |  |  | —  |  |  | (4,972) |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |
| Offering costs associated with previous stock issuance |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | (211) |  |  | —  |  |  | —  |  |  | (211) |  |
| Redemption of Operating Partnership units for stock |  | —  |  |  | (2,185) |  |  | —  |  |  | 58,429  |  |  | 1  |  |  | 2,184  |  |  | —  |  |  | —  |  |  | —  |  |
| Redemption of Operating Partnership units for cash |  | —  |  |  | (113) |  |  | —  |  |  | —  |  |  | —  |  |  | (359) |  |  | —  |  |  | —  |  |  | (472) |  |
| Repayment of receivable with Operating Partnership units pledged as collateral |  | —  |  |  | 411  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | 411  |  |
| Noncontrolling interest in consolidated joint venture |  | —  |  |  | —  |  |  | 150  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | 150  |  |
| Net income |  | 3,438  |  |  | 7,190  |  |  | 3  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | 167,948  |  |  | 178,579  |  |
| Other comprehensive income |  | 35  |  |  | 232  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | 5,350  |  |  | —  |  |  | 5,617  |  |
| Distributions to Operating Partnership units held by noncontrolling interests |  | (3,223) |  |  | (5,751) |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | (8,974) |  |
| Dividends paid on common stock at $1.00 per share |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | —  |  |  | (133,777) |  |  | (133,777) |  |
| Balances at June 30, 2021 |  | $ | 172,902  |  |  | $ | 219,466  |  |  | $ | 499  |  |  | 133,791,109  |  |  | $ | 1,337  |  |  | $ | 3,288,852  |  |  | $ | (71,830) |  |  | $ | (250,271) |  |  | $ | 3,360,955  |  |

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