| Schedule of quarterly financial information |
The following is a summary of quarterly financial information for the years ended December 31, 2017 and 2016 (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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2017 |
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2017 |
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2017 |
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2017 |
Total revenues |
$ |
61,563 |
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|
$ |
64,341 |
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|
$ |
68,858 |
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|
$ |
73,368 |
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Total operating expenses |
45,613 |
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|
45,008 |
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|
47,561 |
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|
51,448 |
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Income from operations |
15,950 |
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|
19,333 |
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|
21,297 |
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|
21,920 |
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Gain (loss) on sale of self storage properties |
— |
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|
5,637 |
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|
106 |
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|
(28 |
) |
Net income |
7,181 |
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|
15,576 |
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|
11,226 |
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|
12,015 |
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Net income (loss) attributable to common shareholders |
$ |
555 |
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|
$ |
2,367 |
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$ |
1,271 |
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$ |
(3,532 |
) |
Earnings (loss) per share - basic |
$ |
0.01 |
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$ |
0.05 |
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$ |
0.03 |
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$ |
(0.08 |
) |
Earnings (loss) per share - diluted |
$ |
0.01 |
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$ |
0.05 |
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$ |
0.03 |
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$ |
(0.08 |
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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 |
|
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 common shareholders |
$ |
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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