Company: PSA-PH
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0001393311-25-000120
Chunk: 31

Company: Public Storage
Filing Date: 2025-07-30
Form: 10-Q
Item: Item 2
Chunk 31
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 (a)20252024Change (a)($ amounts in thousands, except for per square foot amounts)Revenues (b):Developed in 2020$1,792$1,869$(77)$3,579$3,717$(138)Developed in 20213,0872,9091786,0925,743349Developed in 20222,8652,4793865,6474,746901Developed in 20232,6931,3251,3685,0912,2312,860Developed in 20241,091511,0401,887531,834Developed in 2025156—156182—182Expansions completed before 202425,75423,8021,95251,01346,8264,187Expansions completed in 2024 or 20254,0903,0771,0137,7255,9481,777Expansions in process2,8413,116(275)5,6576,186(529)     Total revenues 44,36938,6285,74186,87375,45011,423Cost of operations (b): Developed in 2020486476101,025910115Developed in 2021935941(6)1,9511,86388Developed in 2022982940421,9722,068(96)Developed in 20231,3361,32882,7652,398367Developed in 2024594984961,1581111,047Developed in 2025144—144237—237Expansions completed before 20247,1866,99918714,62214,494128Expansions completed in 2024 or 20251,5119485633,1161,9701,146Expansions in process588600(12)1,1851,218(33)     Total cost of operations 13,76212,3301,43228,03125,0322,999Net operating income (loss):Developed in 20201,3061,393(87)2,5542,807(253)Developed in 20212,1521,9681844,1413,880261Developed in 20221,8831,5393443,6752,678997Developed in 20231,357(3)1,