Company: PSA-PH
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0001393311-25-000120
Chunk: 9

Company: Public Storage
Filing Date: 2025-07-30
Form: 10-Q
Item: Item 2
Chunk 9
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9 %73,359 61,281 19.7 %Newly Developed and Expanded Facilities30,607 26,298 16.4 %58,842 50,418 16.7 %Other Non-Same Store Facilities49,182 46,894 4.9 %95,499 90,484 5.5 %Total net operating income 833,941 826,235 0.9 %1,635,785 1,614,866 1.3 %Depreciation and amortization expense:Same Store Facilities176,939 177,934 (0.6)%354,268 355,936 (0.5)%Acquired Facilities48,654 53,105 (8.4)%98,919 107,923 (8.3)%Newly Developed and Expanded Facilities18,169 12,692 43.2 %33,919 24,860 36.4 %Other Non-Same Store Facilities39,454 39,611 (0.4)%78,825 79,826 (1.3)%Total depreciation and amortization expense283,216 283,342 — %565,931 568,545 (0.5)%Net income (loss):Same Store Facilities539,613 542,936 (0.6)%1,053,817 1,056,747 (0.3)%Acquired Facilities(11,054)(20,932)(47.2)%(25,560)(46,642)(45.2)%Newly Developed and Expanded Facilities12,438 13,606 (8.6)%24,923 25,558 (2.5)%Other Non-Same Store Facilities9,728 7,283 33.6 %16,674 10,658 56.4 %Total net income$550,725 $542,893 1.4 %$1,069,854 $1,046,321 2.2 %Number of facilities at period end:Same Store Facilities2,565 2,565 — %Acquired Facilities211 166 27.1 %Newly Developed and Expanded Facilities102 86 18.6 %Other Non-Same Store Facilities225 232 (3.0)%3,103 3,