Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE - Basic and Diluted Earnings per Share (Details)

v3.21.1
EARNINGS PER SHARE - Basic and Diluted Earnings per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Numerator    
Net income $ 27,635 $ 15,763
Net income attributable to noncontrolling interests (6,797) (9,115)
Net income attributable to National Storage Affiliates Trust 20,838 6,648
Distributions to preferred shareholders (3,275) (3,273)
Distributed and undistributed earnings allocated to participating securities (11) (12)
Net income attributable to common shareholders - basic 17,552 3,363
Effect of assumed conversion of dilutive securities 6,452 0
Net income attributable to common shareholders - diluted $ 24,004 $ 3,363
Denominator    
Weighted average shares outstanding - basic (in shares) 71,794 59,798
Weighted average effect of outstanding forward offering agreement (in shares) 399 0
Weighted average OP units outstanding (in shares) 29,751 0
Weighted average DownREIT OP unit equivalents outstanding (in shares) 1,925 0
Weighted average LTIP units outstanding (in shares) 133 0
Weighted average subordinated performance units and DownREIT subordinated performance unit equivalents (in shares) 19,185 0
Weighted average shares outstanding - diluted (in shares) 123,187 59,798
Earnings (loss) per share - basic (in dollars per share) $ 0.24 $ 0.06
Earnings (loss) per share - diluted (in dollars per share) $ 0.19 $ 0.06