Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.20.1
EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Schedule of the computation of 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 months ended March 31, 2020 and 2019 (in thousands, except per share amounts):
Three Months Ended
March 31,
2020 2019
Earnings (loss) per common share - basic and diluted
Numerator
Net income $ 15,763    $ 12,940   
Net income attributable to noncontrolling interests
(9,115)   (5,529)  
Net income attributable to National Storage Affiliates Trust
6,648    7,411   
Distributions to preferred shareholders
(3,273)   (2,588)  
Distributed and undistributed earnings allocated to participating securities
(12)   (9)  
Net income attributable to common shareholders - basic and diluted
$ 3,363    $ 4,814   
Denominator
Weighted average shares outstanding - basic and diluted
59,798    56,655   
Earnings (loss) per share - basic and diluted $ 0.06    $ 0.08