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Segment Information
 9 Months Ended
Sep. 30, 2023
Segment Reporting [Abstract]  
Segment Information Segment Information
Our operating segments reflect the significant components of our operations where discrete financial information is evaluated separately by our chief operating decision maker.
Self-Storage Operations
The Self-Storage Operations reportable segment reflects the aggregated rental operations from the self-storage facilities we own from (i) Same Store Facilities, (ii) Acquired Facilities, (iii) Developed and Expanded Facilities, and (iv) Other Non-Same Store Facilities. The presentation in the table below sets forth the Net Operating Income (“NOI”) of this reportable segment, as well as the related depreciation expense. For all periods presented, substantially all of our real estate facilities, goodwill and other intangible assets, other assets, and accrued and other liabilities are associated with the Self-Storage Operations reportable segment.
Ancillary Operations
The Ancillary Operations reflects the combined operations of our tenant reinsurance, merchandise sales, and third party property management operating segments.
Presentation of Segment Information
The following table reconciles NOI and net income attributable to our reportable segment to our consolidated net income:
 Three Months Ended
September 30,		Nine Months Ended
September 30,
 2023202220232022
 (amounts in thousands)
Self-Storage Operations Reportable Segment
Revenue$1,078,721 $1,027,374 $3,167,025 $2,917,675 
Cost of operations(267,785)(255,470)(794,078)(738,953)
   Net operating income810,936 771,904 2,372,947 2,178,722 
Depreciation and amortization(238,748)(220,772)(682,531)(661,608)
   Net income572,188 551,132 1,690,416 1,517,114 
Ancillary Operations
Revenue65,099 60,757 190,797 175,946 
Cost of operations(21,159)(21,572)(63,037)(54,297)
   Net operating income43,940 39,185 127,760 121,649 
    Total net income allocated to segments616,128 590,317 1,818,176 1,638,763 
Other items not allocated to segments:
General and administrative(28,625)(29,501)(79,603)(81,401)
Interest and other income32,295 12,736 69,381 26,394 
Interest expense(58,350)(34,113)(132,530)(100,178)
Equity in earnings of unconsolidated real estate entities7,227 8,180 22,787 100,129 
Foreign currency exchange gain47,880 100,170 19,924 237,270 
Gain on sale of real estate88 1,503 88 1,503 
Gain on sale of equity investment in PS Business Parks, Inc.— 2,128,860 — 2,128,860 
     Net income$616,643 $2,778,152 $1,718,223 $3,951,340