| 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, 2018 and 2017 (in thousands, except per share data):
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For the three months ended |
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March 31, |
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June 30, |
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September 30, |
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December 31, |
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2018 |
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2018 |
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2018 |
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2018 |
Total revenues |
$ |
76,493 |
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$ |
79,723 |
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$ |
85,382 |
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$ |
89,298 |
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Total operating expenses |
54,900 |
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|
56,033 |
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|
57,869 |
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|
60,440 |
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Income from operations |
21,593 |
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|
23,690 |
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|
27,513 |
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|
28,858 |
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Gain (loss) on sale of self storage properties |
474 |
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(83 |
) |
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— |
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— |
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Net income |
11,973 |
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|
13,041 |
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|
16,829 |
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|
14,483 |
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Net income (loss) attributable to common shareholders |
$ |
7,872 |
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$ |
3,304 |
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$ |
1,806 |
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$ |
(9,223 |
) |
Earnings (loss) per share - basic |
$ |
0.16 |
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$ |
0.07 |
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$ |
0.03 |
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$ |
(0.16 |
) |
Earnings (loss) per share - diluted |
$ |
0.09 |
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$ |
0.07 |
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$ |
0.03 |
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$ |
(0.16 |
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For the three months ended |
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March 31, |
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June 30, |
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September 30, |
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December 31, |
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2017 |
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2017 |
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2017 |
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2017 |
Total revenues |
$ |
61,563 |
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$ |
64,341 |
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$ |
68,858 |
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$ |
73,368 |
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Total operating expenses |
45,613 |
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|
45,008 |
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|
47,561 |
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|
51,448 |
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Income from operations |
15,950 |
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|
19,333 |
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|
21,297 |
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|
21,920 |
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Gain (loss) on sale of self storage properties |
— |
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|
5,637 |
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|
106 |
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(28 |
) |
Net income |
7,181 |
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|
15,576 |
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|
11,226 |
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|
12,015 |
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Net income (loss) attributable to common shareholders |
$ |
555 |
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$ |
2,367 |
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$ |
1,271 |
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$ |
(3,532 |
) |
Earnings (loss) per share - basic |
$ |
0.01 |
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$ |
0.05 |
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$ |
0.03 |
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$ |
(0.08 |
) |
Earnings (loss) per share - diluted |
$ |
0.01 |
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$ |
0.05 |
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$ |
0.03 |
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$ |
(0.08 |
) |
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