Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

v3.3.0.814
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
REVENUE        
Rental revenue $ 34,600 $ 20,274 $ 92,650 $ 48,923
Other property-related revenue 1,078 589 2,969 1,316
Total revenue 35,678 20,863 95,619 50,239
OPERATING EXPENSES        
Property operating expenses 12,000 7,710 32,668 18,665
General and administrative expenses 4,056 2,315 11,856 5,449
Depreciation and amortization 10,341 6,777 30,192 15,311
Total operating expenses 26,397 16,802 74,716 39,425
Income from operations 9,281 4,061 20,903 10,814
OTHER INCOME (EXPENSE)        
Interest expense (4,246) (5,459) (16,052) (15,628)
Loss on early extinguishment of debt 0 0 (914) (1,020)
Acquisition costs (2,874) (3,092) (4,192) (8,363)
Organizational and offering expenses 0 (539) (58) (1,216)
Non-operating (expense) income (52) 3 (256) 0
Gain on sale of self storage properties 0 1 0 1,427
Other income (expense) (7,172) (9,086) (21,472) (24,800)
Net income (loss) 2,109 (5,025) (569) (13,986)
Net loss attributable to noncontrolling interests 2,263 5,025 8,405 13,986
Net income (loss) attributable to National Storage Affiliates Trust $ 4,372 $ 0 $ 7,836 $ 0
Earnings (loss) per share (basic) (in dollars per share) $ 0.19 $ 0.00 $ 0.61 $ 0.00
Earnings (loss) per share (diluted) (in dollars per share) $ 0.03 $ 0.00 $ 0.06 $ 0.00
Weighted average shares outstanding (basic) (in shares) 23,000 1 12,924 1
Weighted average shares outstanding (diluted) (in shares) 63,456 1 38,758 1
Dividends declared per common share (in dollars per share) $ 0.19 $ 0 $ 0.34 $ 0