Annual report pursuant to Section 13 and 15(d)

UNAUDITED SELECTED QUARTERLY FINANCIAL DATA

v3.8.0.1
UNAUDITED SELECTED QUARTERLY FINANCIAL DATA
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
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, 2017 and 2016 (in thousands, except per share data):
 
For the three months ended
 
March 31,
 
June 30,
 
September 30,
 
December 31,
 
2017
 
2017
 
2017
 
2017
Total revenues
$
61,563

 
$
64,341

 
$
68,858

 
$
73,368

Total operating expenses
45,613

 
45,008

 
47,561

 
51,448

Income from operations
15,950

 
19,333

 
21,297

 
21,920

Gain (loss) on sale of self storage properties

 
5,637

 
106

 
(28
)
Net income
7,181

 
15,576

 
11,226

 
12,015

Net income (loss) attributable to common shareholders
$
555

 
$
2,367

 
$
1,271

 
$
(3,532
)
Earnings (loss) per share - basic
$
0.01

 
$
0.05

 
$
0.03

 
$
(0.08
)
Earnings (loss) per share - diluted
$
0.01

 
$
0.05

 
$
0.03

 
$
(0.08
)
 
For the three months ended
 
March 31,
 
June 30,
 
September 30,
 
December 31,
 
2016
 
2016
 
2016
 
2016
Total revenues
$
39,649

 
$
47,284

 
$
52,949

 
$
59,164

Total operating expenses
28,504

 
33,382

 
36,908

 
42,596

Income from operations
11,145

 
13,902

 
16,041

 
16,568

Net income
4,802

 
6,045

 
7,944

 
6,075

Net income (loss) attributable to common shareholders
$
2,210

 
$
7,370

 
$
(11
)
 
$
8,396

Earnings (loss) per share - basic
$
0.10

 
$
0.32

 
$

 
$
0.22

Earnings (loss) per share - diluted
$
0.07

 
$
0.08

 
$

 
$
0.07