Annual report pursuant to Section 13 and 15(d)

UNAUDITED SELECTED QUARTERLY FINANCIAL DATA

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UNAUDITED SELECTED QUARTERLY FINANCIAL DATA
12 Months Ended
Dec. 31, 2019
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, 2019 and 2018 (in thousands, except per share data):
For the three months ended
March 31, June 30, September 30, December 31,
2019 2019 2019 2019
Total revenues
$ 90,572    $ 95,419    $ 101,337    $ 100,568   
Total operating expenses 61,572    64,189    68,625    66,661   
Gain on sale of self storage properties
—    2,814    —    —   
Net income 12,940    17,733    16,514    18,826   
Net income (loss) attributable to common shareholders
$ 4,823    $ (10,913)   $ (12,132)   $ 9,815   
Earnings (loss) per share - basic $ 0.08    $ (0.19)   $ (0.20)   $ 0.17   
Earnings (loss) per share - diluted $ 0.08    $ (0.19)   $ (0.20)   $ 0.13   

For the three months ended
March 31, June 30, September 30, December 31,
2018 2018 2018 2018
Total revenues
$ 76,493    $ 79,723    $ 85,382    $ 89,298   
Total operating expenses 54,900    56,033    57,869    60,440   
Gain (loss) on sale of self storage properties
474    (83)   —    —   
Net income 11,973    13,041    16,829    14,483   
Net income (loss) attributable to common shareholders
$ 7,872    $ 3,304    $ 1,806    $ (9,223)  
Earnings (loss) per share - basic $ 0.16    $ 0.07    $ 0.03    $ (0.16)  
Earnings (loss) per share - diluted $ 0.09    $ 0.07    $ 0.03    $ (0.16)