| Schedule of quarterly financial information |
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 |
|
2018 |
|
2018 |
|
2018 |
Total revenues |
$ |
76,493 |
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|
$ |
79,723 |
|
|
$ |
85,382 |
|
|
$ |
89,298 |
|
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 |
|
Gain (loss) on sale of self storage properties |
474 |
|
|
(83 |
) |
|
— |
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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, |
|
2017 |
|
2017 |
|
2017 |
|
2017 |
Total revenues |
$ |
61,563 |
|
|
$ |
64,341 |
|
|
$ |
68,858 |
|
|
$ |
73,368 |
|
Total operating expenses |
45,613 |
|
|
45,008 |
|
|
47,561 |
|
|
51,448 |
|
Income from operations |
15,950 |
|
|
19,333 |
|
|
21,297 |
|
|
21,920 |
|
Gain (loss) on sale of self storage properties |
— |
|
|
5,637 |
|
|
106 |
|
|
(28 |
) |
Net income |
7,181 |
|
|
15,576 |
|
|
11,226 |
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|
12,015 |
|
Net income (loss) attributable to common shareholders |
$ |
555 |
|
|
$ |
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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