Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

v3.10.0.1
EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2018
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 and nine months ended September 30, 2018 and 2017, (in thousands, except per share amounts):
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2018
 
2017
 
2018
 
2017
Earnings (loss) per common share - basic and diluted
 
 
 
 
 
 
 
Numerator
 
 
 
 
 
 
 
Net income
$
16,829

 
$
11,226

 
$
41,843

 
$
33,983

Net income attributable to noncontrolling interests
(12,435
)
 
(9,955
)
 
(21,098
)
 
(29,790
)
Net income attributable to National Storage Affiliates Trust
4,394

 
1,271

 
20,745

 
4,193

Distributions to preferred shareholders
(2,588
)
 

 
(7,763
)
 

Distributed and undistributed earnings allocated to participating securities
(7
)
 
(7
)
 
(21
)
 
(20
)
Net income attributable to common shareholders - basic and diluted
$
1,799

 
$
1,264

 
$
12,961

 
$
4,173

 
 
 
 
 
 
 
 
Denominator
 
 
 
 
 
 
 
Weighted average shares outstanding - basic and diluted
55,722

 
44,269

 
52,189

 
43,967

 
 
 
 
 
 
 
 
Earnings (loss) per share - basic and diluted
$
0.03

 
$
0.03

 
$
0.25

 
$
0.09