Public Storage operates as a real estate investment trust, which engages in acquiring, developing, owning and operating self-storage facilities. The company is headquartered in Glendale, California and currently employs 5,380 full-time employees. The firm is engaged in the ownership, development, and operation of self-storage facilities and other related operations including tenant reinsurance and third-party self-storage management. The company offers storage spaces for lease on a month-to-month basis, for personal and business use. Its segments include Self-Storage Operations and Ancillary Operations. The Self-Storage Operations segment includes the aggregated rental operations from the self-storage facilities it owns from same store facilities, acquired facilities, developed, and expanded facilities, and other non-same store facilities. The Ancillary Operations segment includes combined operations of its tenant reinsurance, merchandise sales, and third party property management segments. The company has interests in and consolidated approximately 3,044 self-storage facilities (an aggregate of 218 million net rentable square feet of space) operating under the Public Storage name.