Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

v3.2.0.727
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
REVENUE        
Rental revenue $ 30,632 $ 15,793 $ 58,050 $ 28,649
Other property-related revenue 1,018 422 1,891 727
Total revenue 31,650 16,215 59,941 29,376
OPERATING EXPENSES        
Property operating expenses 10,826 6,033 20,668 10,955
General and administrative expenses 4,187 1,796 7,800 3,134
Depreciation and amortization 9,974 4,697 19,851 8,534
Total operating expenses 24,987 12,526 48,319 22,623
Income from operations 6,663 3,689 11,622 6,753
OTHER INCOME (EXPENSE)        
Interest expense (4,824) (4,723) (11,806) (10,169)
Loss on early extinguishment of debt (914) (1,020) (914) (1,020)
Acquisition costs (719) (5,089) (1,318) (5,271)
Organizational and offering expenses 0 (442) (58) (677)
Non-operating (expense) income (113) 1 (204) (3)
Gain on sale of self storage properties 0 1,426 0 1,426
Other income (expense) (6,570) (9,847) (14,300) (15,714)
Net income (loss) 93 (6,158) (2,678) (8,961)
Net loss attributable to noncontrolling interests 3,371 6,158 6,142 8,961
Net income (loss) attributable to National Storage Affiliates Trust $ 3,464 $ 0 $ 3,464 $ 0
Earnings (loss) per share (basic) (in dollars per share) $ 0.22 $ 0.00 $ 0.44 $ 0.00
Earnings (loss) per share (diluted) (in dollars per share) $ 0.00 $ 0.00 $ 0.00 $ 0.00
Weighted average shares outstanding (basic) (in shares) 15,517 1 7,802 1
Weighted average shares outstanding (diluted) (in shares) 52,565 1 26,327 1
Dividends declared per common share (in dollars per share) $ 0.15 $ 0 $ 0.15 $ 0