Extra Space Storage Inc. (EXR) 2017年年度报告「NYSE」.pdf

1、PROPERTIES OF SUCCESSPlPlatformPoPortfolioPePeoplePrPerformancePROPERTIES OF SUCCESSANNUAL REPORT 2017ANNUAL REPORT 2017LISTED IN THE S&P 500Extra Space Storage is a self-managed REIT and a member of the S&P 500 headquartered in Salt Lake City,Utah.It is publicly traded on the NYSE under the ticker

2、symbol“EXR”.As of December 31,2017,EXR owned and/or operated 1,483 self-storage stores in 39 states,Washington,D.C.and Puerto Rico.EXR offers customers a wide selection of conveniently located and secure storage units across the country.Extra Space Storage is the second largest owner and/or operator

3、 of self-storage stores in the United States and is the nations largest self-storage management company.EXR is known for its reputation as a technology leader in the real estate sector,and for its award winning corporate culture.GL AS SDOOREMPL OY EE SCHOICEAWA R D W INNERTop 100 out of 700,000 comp

4、anies in the nation listed among Best Places to WorkSELECTED DATADollars in thousands,except share dataYear Ended December 31,2017 2016 2015OPERATING DATA:Total revenues$1,105,009$991,875$782,270Operating expenses$291,147$265,560$216,998General and administrative expenses$78,961$81,806$67,758Depreci

5、ation and amortization$193,296$182,560$133,457Interest expense$158,614$138,459$98,992Equity in earnings of real estate ventures$15,331$12,895$12,351Net income$514,222$397,089$209,536OTHER DATA:FFO(1)diluted$590,151$494,670$331,343Weighted average number of shares diluted(2)135,066,080 133,798,946 12

6、8,391,862Cash dividends paid per common share$3.12$2.93$2.24Same-store property occupancy at year end 91.9%92.0%92.9%BALANCE SHEET DATA:Total Assets$7,455,137$7,091,446$6,071,407Total Debt$4,554,217$4,306,223$3,535,621Noncontrolling interests$373,056$351,274$283,527Total stockholders equity$2,350,75