Annual report pursuant to Section 13 and 15(d)

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

v3.22.0.1
EARNINGS PER SHARE - Basic and Diluted Earnings per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Numerator      
Net income $ 146,935 $ 79,478 $ 66,013
Net income attributable to noncontrolling interests (41,682) (30,869) (62,030)
Net income attributable to National Storage Affiliates Trust 105,253 48,609 3,983
Distributions to preferred shareholders (13,104) (13,097) (12,390)
Distributed and undistributed earnings allocated to participating securities (57) (44) (35)
Net income (loss) attributable to common shareholders - diluted 92,092 35,468 (8,442)
Effect of assumed conversion of dilutive securities 40,231 0 0
Undistributed Earnings (Loss) Available to Common Shareholders, Diluted $ 132,323 $ 35,468 $ (8,442)
Denominator      
Weighted average shares outstanding - basic (in shares) 81,195 66,547 58,208
Effect of dilutive securities:      
Weighted average effect of outstanding forward offering agreement (in shares) 100 60 0
Weighted average OP units outstanding (in shares) 30,124 0 0
Weighted average DownREIT OP unit equivalents outstanding (in shares) 1,925 0 0
Weighted average LTIP units outstanding (in shares) 96 0 0
Weighted average subordinated performance units and DownREIT Subordinated performance unit equivalents (in shares) 21,098 0 0
Weighted average shares outstanding - diluted (in shares) 134,538 66,607 58,208
Earnings (loss) per share - basic (in dollars per share) $ 1.13 $ 0.53 $ (0.15)
Earnings (loss) per share - diluted (in dollars per share) 0.98 0.53 (0.15)
Dividends declared per common share (in dollars per share) $ 1.59 $ 1.35 $ 1.27