Annual report pursuant to Section 13 and 15(d)

EARNINGS PER SHARE (Tables)

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EARNINGS PER SHARE (Tables)
 12 Months Ended
Dec. 31, 2019
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 years ended December 31, 2019, 2018 and 2017 (in thousands, except per share amounts):
Year Ended December 31,
2019 2018 2017
Earnings (loss) per common share - basic and diluted
Numerator
Net income $ 66,013    $ 56,326    $ 45,998   
Net income attributable to noncontrolling interests
 (62,030)   (42,217)   (43,037)  
Net income attributable to National Storage Affiliates Trust
 3,983    14,109    2,961   
Distributions to preferred shareholders (12,390)   (10,350)   (2,300)  
Distributed and undistributed earnings allocated to participating securities
 (35)   (27)   (28)  
Net (loss) income attributable to common shareholders - basic and diluted
 $ (8,442)   $ 3,732    $ 633   
Denominator
Weighted average shares outstanding - basic and diluted
 58,208    53,293    44,423   
Earnings (loss) per share - basic and diluted $ (0.15)   $ 0.07    $ 0.01   
Dividends declared per common share
 $ 1.27    $ 1.16    $ 1.04