Annual report pursuant to Section 13 and 15(d)

EARNINGS PER SHARE (Tables)

v3.3.1.900
EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 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 years ended December 31, 2015 and 2014, and the nine months ended December 31, 2013 (in thousands, except per share amounts):
 
Year Ended December 31,
 
Nine Months Ended December 31,
 
2015
 
2014
 
2013
Earnings (loss) per common share - basic and diluted
 
 
 
 
 
Numerator
 
 
 
 
 
Net income (loss)
$
4,796

 
$
(16,357
)
 
$
(10,481
)
Net loss attributable to noncontrolling interests
7,644

 
16,357

 
10,481

Net income (loss) attributable to National Storage Affiliates Trust
12,440

 

 

Distributed and undistributed earnings allocated to participating securities
(9
)
 

 

Net income (loss) attributable to common shareholders - basic
12,431

 

 

Effect of assumed conversion of dilutive securities
(4,919
)
 

 

Net income (loss) attributable to common shareholders - diluted
$
7,512

 
$

 
$

 
 
 
 
 
 
Denominator
 
 
 
 
 
Weighted average shares outstanding - basic
15,463

 
1

 
1

Effect of dilutive securities:
 
 
 
 
 
Weighted average OP units outstanding
15,697

 

 

Weighted average DownREIT OP unit equivalents outstanding
1,171

 

 

Weighted average LTIP units outstanding
1,272

 

 

Subordinated performance units and DownREIT subordinated performance unit equivalents
11,806

 

 

Weighted average shares outstanding - diluted
45,409

 
1

 
1

 
 
 
 
 
 
Earnings (loss) per share - basic
$
0.80

 
$

 
$

Earnings (loss) per share - diluted
$
0.17

 
$

 
$

Dividends declared per common share
$
0.54

 
$

 
$