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CONSOLIDATED STATEMENTS OF EQUITY AND REDEEMABLE NONCONTROLLING INTERESTS - USD ($)
$ in Thousands
Total
Cumulative Preferred Shares
Common Shares
Total Public Storage Shareholders' Equity
Total Public Storage Shareholders' Equity
Cumulative Preferred Shares
Total Public Storage Shareholders' Equity
Common Shares
Cumulative Preferred Shares
Cumulative Preferred Shares
Cumulative Preferred Shares
Common Shares
Common Shares
Common Shares
Paid-in Capital
Paid-in Capital
Cumulative Preferred Shares
Paid-in Capital
Common Shares
Accumulated Deficit
Accumulated Other Comprehensive Loss
Noncontrolling Interests
Beginning balance at Dec. 31, 2019 $ 9,079,667     $ 9,062,911     $ 4,065,000   $ 17,442   $ 5,710,934     $ (665,575) $ (64,890) $ 16,756
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Issuance of preferred shares   $ 1,208,206     $ 1,208,206     $ 1,247,500       $ (39,294)        
Redemption and shares called for redemption of preferred shares   (1,520,000)     (1,520,000)     (1,520,000)                
Issuance of common shares in connection with share-based compensation 12,664   $ 12,664     $ 12,664       $ 16     $ 12,648      
Share-based compensation expense 22,845     22,845             22,845          
Acquisition of noncontrolling interests (33)     (32)             (32)         (1)
Contributions by noncontrolling interests 2,629                             2,629
Net income 1,361,227     1,361,227                   1,361,227    
Net income allocated to noncontrolling interests (4,014)     (4,014)                   (4,014)   (4,014)
Distributions to:                                
Preferred shareholders (207,068)     (207,068)                   (207,068)    
Noncontrolling interests (5,366)                             (5,366)
Common shareholders and restricted share unitholders (1,399,361)     (1,399,361)                   (1,399,361)    
Other comprehensive income (loss) 21,489     21,489                     21,489  
Ending balance at Dec. 31, 2020 8,576,899     8,558,867     3,792,500   17,458   5,707,101     (914,791) (43,401) 18,032
Beginning balance at Dec. 31, 2019 0                              
Ending balance at Dec. 31, 2020 0                              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Issuance of preferred shares   1,147,455     1,147,455     1,182,500       (35,045)        
Redemption and shares called for redemption of preferred shares   (875,000)     (875,000)     (875,000)                
Issuance of common shares in connection with share-based compensation 95,860   95,860     95,860       55     95,805      
Share-based compensation expense 54,492     54,492             54,492          
Acquisition of noncontrolling interests (692)     (686)             (686)         (6)
Contributions by noncontrolling interests 2,451                             2,451
Net income 1,959,639     1,959,639                   1,959,639    
Net income allocated to noncontrolling interests (6,376)     (6,376)                   (6,376)   5,906
Distributions to:                                
Preferred shareholders (186,579)     (186,579)                   (186,579)    
Noncontrolling interests (6,271)                             (6,271)
Common shareholders and restricted share unitholders (1,402,309)     (1,402,309)                   (1,402,309)    
Other comprehensive income (loss) (10,186)     (10,186)                     (10,186)  
Ending balance at Dec. 31, 2021 9,355,289     9,335,177     4,100,000   17,513   5,821,667     (550,416) (53,587) 20,112
Increase (Decrease) in Temporary Equity [Roll Forward]                                
Contributions by noncontrolling interests 68,170                              
Net income allocated to noncontrolling interests 470                              
Noncontrolling interests (391)                              
Ending balance at Dec. 31, 2021 68,249                              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Issuance of preferred shares   $ 242,832     $ 242,832     $ 250,000       $ (7,168)        
Issuance of common shares in connection with share-based compensation 35,405   35,405     $ 35,405       29     35,376      
Retirement of common shares     $ 0             $ (15)     $ 15      
Taxes paid upon net share settlement of restricted share units (16,827)     (16,827)             (16,827)          
Share-based compensation expense 63,360     63,360             63,360          
Contributions by noncontrolling interests 6,708                             6,708
Noncontrolling Interest, Transfer From Redeemable Noncontrolling Interests To Noncontrolling Interests 83,826                             83,826
Net income 4,366,274     4,366,274                   4,366,274    
Net income allocated to noncontrolling interests (17,127)     (17,127)                   (17,127)   16,467
Distributions to:                                
Preferred shareholders (194,390)     (194,390)                   (194,390)    
Noncontrolling interests (33,714)                             (33,714)
Common shareholders and restricted share unitholders (3,714,572)     (3,714,572)                   (3,714,572)    
Other comprehensive income (loss) (26,730)     (26,730)                     (26,730)  
Ending balance at Dec. 31, 2022 10,166,801     $ 10,073,402     $ 4,350,000   $ 17,527   $ 5,896,423     $ (110,231) $ (80,317) $ 93,399
Increase (Decrease) in Temporary Equity [Roll Forward]                                
Contributions by noncontrolling interests 15,426                              
Reclassification from redeemable noncontrolling interests to noncontrolling interests (83,826)                              
Net income allocated to noncontrolling interests 660                              
Noncontrolling interests (509)                              
Ending balance at Dec. 31, 2022 $ 0