Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.2.0.727
EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Schedule of elements used in calculating basic and diluted earnings per common share
The following table sets forth the computation of basic and diluted earnings (loss) per common share for the three and six months ended June 30, 2015 and 2014, respectively (in thousands, except per share amounts):
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2015
 
2014
 
2015
 
2014
Earnings (loss) per common share - basic and diluted
 
 
 
 
 
 
 
Numerator
 
 
 
 
 
 
 
Net income (loss)
$
93

 
$
(6,158
)
 
$
(2,678
)
 
$
(8,961
)
Net loss attributable to noncontrolling interests
3,371

 
6,158

 
6,142

 
8,961

Net income (loss) attributable to National Storage Affiliates Trust
3,464

 

 
3,464

 

Distributed and undistributed earnings allocated to participating securities
(3
)
 

 
(3
)
 

Net income (loss) attributable to common shareholders - basic
3,461

 

 
3,461

 

Effect of assumed conversion of dilutive securities
(3,371
)
 

 
(3,371
)
 

Net income (loss) attributable to common shareholders - diluted
$
90

 
$

 
$
90

 
$

 
 
 
 
 
 
 
 
Denominator
 
 
 
 
 
 
 
Weighted average shares outstanding - basic
15,517

 
1

 
7,802

 
1

Effect of dilutive securities:
 
 
 
 
 
 
 
Weighted average OP units outstanding
20,208

 

 
10,104

 

Weighted average DownREIT OP unit equivalents outstanding
1,415

 

 
708

 

Weighted average LTIP units outstanding
1,247

 

 
624

 

Subordinated performance units and DownREIT subordinated performance unit equivalents
14,178

 

 
7,089

 

Weighted average shares outstanding - diluted
52,565

 
1

 
26,327

 
1

 
 
 
 
 
 
 
 
Earnings (loss) per share - basic
$
0.22

 
$

 
$
0.44

 
$

Earnings (loss) per share - diluted
$

 
$

 
$

 
$