10-QPeriod: Q1 FY2006

Extra Space Storage Inc. Quarterly Report for Q1 Ended Mar 31, 2006

Filed May 10, 2006For Securities:EXR

Summary

Extra Space Storage Inc. (EXR) reported its quarterly results for the period ending March 31, 2006. The company is operating as an accelerated filer, indicating a certain level of financial transparency and reporting history. This filing provides investors with a snapshot of the company's financial performance and operational status during the first quarter of 2006. Key areas of focus for investors would include the company's financial health, operational growth, and any potential risks or significant events disclosed. As a real estate investment trust (REIT) specializing in self-storage, understanding trends in occupancy, revenue, and expansion strategies is crucial for assessing the company's value and future prospects. Investors should carefully review the Management's Discussion and Analysis (MD&A) and the financial statements for a comprehensive understanding.

Key Highlights

  • 1The company filed its quarterly report for the period ended March 31, 2006, as required.
  • 2Extra Space Storage Inc. is classified as an accelerated filer, suggesting a robust reporting history.
  • 3As of April 28, 2006, there were 51,783,666 shares of common stock outstanding.
  • 4The filing includes standard sections like Financial Statements, Management's Discussion and Analysis, and Risk Factors.
  • 5The report details financial performance and operational conditions for the first quarter of 2006.
  • 6Investors are provided with information on the company's financial condition and results of operations.

Frequently Asked Questions

Extra Space Storage Inc. is primarily involved in the ownership and operation of self-storage facilities. Investors should look for details on their property portfolio, occupancy rates, and rental income within the filing.

An accelerated filer status indicates that the company meets certain criteria for market capitalization and reporting history, suggesting a certain level of financial maturity and adherence to SEC reporting standards. This generally means more timely and frequent financial disclosures.

The 'Management's Discussion and Analysis of Financial Condition and Results of Operations' section (Item 2) is the primary area to find qualitative insights into the company's financial performance, trends, and forward-looking statements. The financial statements themselves (Item 1) provide the quantitative data.

The 'Risk Factors' section (Item 1A) is dedicated to outlining potential risks that could affect the company's business, financial condition, or results of operations. Investors should review this section carefully to understand potential challenges.