| UNAUDITED SELECTED QUARTERLY FINANCIAL DATA |
UNAUDITED SELECTED QUARTERLY FINANCIAL DATA
The following is a summary of quarterly financial information for the years ended December 31, 2016 and 2015 (in thousands, except per share data):
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For the three months ended |
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March 31, |
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June 30, |
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September 30, |
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December 31, |
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2016 |
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2016 |
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2016 |
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2016 |
Total revenues |
$ |
39,649 |
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$ |
47,284 |
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$ |
52,949 |
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$ |
59,164 |
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Total operating expenses |
28,504 |
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|
33,382 |
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|
36,908 |
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|
42,596 |
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Income from operations |
11,145 |
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|
13,902 |
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16,041 |
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16,568 |
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Net income |
4,802 |
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6,045 |
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7,944 |
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|
6,075 |
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Net income (loss) attributable to National Storage Affiliates Trust |
$ |
2,210 |
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$ |
7,370 |
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$ |
(11 |
) |
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$ |
8,396 |
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Earnings (loss) per share - basic |
$ |
0.10 |
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$ |
0.32 |
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$ |
— |
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$ |
0.22 |
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Earnings (loss) per share - diluted |
$ |
0.07 |
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$ |
0.08 |
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$ |
— |
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$ |
0.07 |
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For the three months ended |
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March 31, |
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June 30, |
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September 30, |
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December 31, |
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2015 |
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2015 |
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2015 |
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2015 |
Total revenues |
$ |
28,291 |
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$ |
31,650 |
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$ |
35,678 |
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$ |
38,300 |
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Total operating expenses |
23,332 |
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|
24,987 |
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|
26,397 |
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|
27,612 |
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Income from operations |
4,959 |
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|
6,663 |
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|
9,281 |
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|
10,688 |
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Net (loss) income |
(2,771 |
) |
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93 |
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|
2,109 |
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|
5,365 |
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Net income (loss) attributable to National Storage Affiliates Trust |
$ |
— |
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$ |
3,464 |
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$ |
4,372 |
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$ |
4,604 |
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Earnings (loss) per share - basic |
$ |
— |
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$ |
0.22 |
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$ |
0.19 |
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$ |
0.20 |
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Earnings (loss) per share - diluted |
$ |
— |
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$ |
— |
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$ |
0.03 |
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$ |
0.08 |
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