SEC Comment Letter 0000000000-23-003031 to Extra Space Storage Inc. (EXR) (CIK 0001289490) (EXR)
Extra Space Storage Inc. (EXR) (CIK 0001289490)
Date: March 27, 2023 · CIK: 0001289490 · Accession: 0000000000-23-003031
AI Filing Summary & Sentiment
File numbers found in text: 001-32269
Letter
United States securities and exchange commission logo March 27, 2023 P. Scott Stubbs Executive Vice President and Chief Financial Officer Extra Space Storage Inc. 2795 East Cottonwood Parkway, Suite 300 Salt Lake City, Utah 84121 Re:Extra Space Storage Inc. Form 10-K for the fiscal year ending December 31, 2022 Filed February 28, 2023 File No. 001-32269 Dear P. Scott Stubbs: We have reviewed your filing and have the following comment. In our comment, we may ask you to provide us with information so we may better understand your disclosure. Please respond to the comment within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to the comment, we may have additional comments.
FirstName LastNameP. Scott Stubbs Comapany NameExtra Space Storage Inc. March 27, 2023 Page 2 FirstName LastName P. Scott Stubbs Extra Space Storage Inc. March 27, 2023 Page 2 Form 10-K for the fiscal year ending December 31, 2022 Notes to Consolidated Financial Statements 7. Investments in Debt Securities and Notes Receivable, page 52 1.We note your growth in your investments in debt securities and notes receivable in recent years. Please tell us how your related disclosures comply with ASC 326-20-50, or tell us why such disclosures are not applicable. In closing, we remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. You may contact Babette Cooper at 202-551-3396 or Jennifer Monick at 202-551- 3295 with any questions. Sincerely, Division of Corporation Finance Office of Real Estate & Construction
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United States securities and exchange commission logo
March 27, 2023
P. Scott Stubbs
Executive Vice President and Chief Financial Officer
Extra Space Storage Inc.
2795 East Cottonwood Parkway, Suite 300
Salt Lake City, Utah 84121
Re:Extra Space Storage Inc.
Form 10-K for the fiscal year ending December 31, 2022
Filed February 28, 2023
File No. 001-32269
Dear P. Scott Stubbs:
We have reviewed your filing and have the following comment. In our comment, we
may ask you to provide us with information so we may better understand your disclosure.
Please respond to the comment within ten business days by providing the requested
information or advise us as soon as possible when you will respond. If you do not believe our
comment applies to your facts and circumstances, please tell us why in your response.
After reviewing your response to the comment, we may have additional comments.
FirstName LastNameP. Scott Stubbs
Comapany NameExtra Space Storage Inc.
March 27, 2023 Page 2
FirstName LastName
P. Scott Stubbs
Extra Space Storage Inc.
March 27, 2023
Page 2
Form 10-K for the fiscal year ending December 31, 2022
Notes to Consolidated Financial Statements
7. Investments in Debt Securities and Notes Receivable, page 52
1.We note your growth in your investments in debt securities and notes receivable in recent
years. Please tell us how your related disclosures comply with ASC 326-20-50, or tell us
why such disclosures are not applicable.
In closing, we remind you that the company and its management are responsible for the
accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or
absence of action by the staff.
You may contact Babette Cooper at 202-551-3396 or Jennifer Monick at 202-551-
3295 with any questions.
Sincerely,
Division of Corporation Finance
Office of Real Estate & Construction