Life Storage (Life Storage) Total Equity : $3,802 Mil (As of Mar. 2023)

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What is Life Storage Total Equity?

Life Storage's total equity for the quarter that ended in Mar. 2023 was $3,802 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.

Life Storage Total Equity Historical Data

The historical data trend for Life Storage's Total Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Life Storage Total Equity Chart

Life Storage Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Equity

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2,081.45

2,159.20

2,404.54

3,612.67

3,823.52

Life Storage Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Total Equity	Get a 7-Day Free Trial															3,697.24	3,725.26	3,818.04	3,823.52	3,801.57

Life Storage Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

Life Storage's Total Equity for the fiscal year that ended in Dec. 2022 is calculated as

Total Equity	=	Total Assets(Q: Dec. 2022 )	-	Total Liabilities(Q: Dec. 2022 )
	=	7387.73	-	3564.212
	=	3,824

Life Storage's Total Equity for the quarter that ended in Mar. 2023 is calculated as

Total Equity	=	Total Assets(Q: Mar. 2023 )	-	Total Liabilities(Q: Mar. 2023 )
	=	7376.554	-	3574.985
	=	3,802

Life Storage Total Equity Related Terms

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Life Storage (Life Storage) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Life Storage Inc (NYSE:LSI) » Definitions » Total Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

6467 Main Street, Williamsville, NY, USA, 14221

Website

https://www.lifestorage.com

Life Storage Inc (which was rebranded from Sovran Self Storage, Inc in 2016) is a fully integrated, real estate investment trust that acquires and manages self-storage properties throughout the United States. The company operates under the brand names Life Storage. Approximately under half of the company's revenue is derived from stores in the states of Texas and Florida. The remainder of sales is distributed across the United States. The company's operations in rental income from customers renting storage space on a month-to-month basis generate a majority of operating revenue. The company also offers storage to both individuals of commercial renters and has special storage units available for vehicles and wine.

Executives

Joseph Saffire	officer: Chief Investment Officer	6467 MAIN STREET, WILLIAMSVILLE NY 14221
Havener Arthur L Jr	director	9825 SUNSET GREENS DRIVE, ST. LOUIS MO 63127
Alexander Gress	officer: CFO	6467 MAIN STREET, C/O LIFE STORAGE, INC., WILLIAMSVILLE NY 14221
Stephen R Rusmisel	director	C/O SOVRAN SELF STORAGE, INC, 6467 MAIN STREET, WILLIAMSVILLE NY 14221
Andrew J Gregoire	officer: CFO	C/O LIFE STORAGE, INC., 6467 MAIN STREET, WILLIAMSVILLE NY 14221
David P. Dodman	officer: COO	C/O LIFE STORAGE, INC, 6467 MAIN STREET, WILLIAMSVILLE NY 14221
Edward F Killeen	officer: EVP Real Estate Management	C/O LIFE STORAGE, INC., 6467 MAIN STREET, WILLIAMSVILLE NY 14221
David L Rogers	officer: CFO	C/O LIFE STORAGE INC, 6467 MAIN STREET, BUFFALO NY 14221
Sue Harnett	director	P.O. BOX 195115, SAN JUAN PR 00919-5115
Mark G Barberio	director	19 WIK STREET, WILLIAMSVILLE NY 14221
Edward J Pettinella	director	C/O HOME PROPERTIES, 850 CLINTON SQUARE, ROCHESTER NY 14604
Charles E Lannon	director	C/O LIFE STORAGE INC, 6467 MAIN STREET, BUFFALO NY 14221
Kenneth F Myszka	director, officer: President, COO	C/O LIFE STORAGE INC, 6467 MAIN STREET, BUFFALO NY 14221
Robert J Attea	director, officer: Chairman of Board, CEO	C/O LIFE STORAGE INC, 6467 MAIN STREET, BUFFALO NY 14221
Dana Hamilton	director	C/O ARCHSTONE-SMITH TRUST, 9200 E. PANORAMA CIRCLE, SUITE 400, ENGLEWOOD CO 80112