XML 108 R64.htm IDEA: XBRL DOCUMENT v3.25.0.1
EARNINGS PER SHARE - Basic and Diluted Earnings per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Numerator      
Net income $ 183,270 $ 236,988 $ 183,765
Net income attributable to noncontrolling interests (71,752) (80,319) (80,028)
Net income attributable to National Storage Affiliates Trust 111,518 156,669 103,737
Distributions to preferred shareholders (20,445) (19,019) (13,425)
Distributed and undistributed earnings allocated to participating securities (45) (57) (58)
Net income attributable to common shareholders - basic 91,028 137,593 90,254
Effect of assumed conversion of dilutive securities 0 78,196 0
Net income attributable to common shareholders - diluted $ 91,028 $ 215,789 $ 90,254
Denominator      
Weighted average shares outstanding - basic (in shares) 76,844 86,846 91,239
Effect of dilutive securities:      
Weighted average OP units outstanding (in shares) 0 38,302 0
Weighted average DownREIT OP unit equivalents outstanding (in shares) 0 2,120 0
Weighted average LTIP units outstanding (in shares) 0 60 0
Weighted average subordinated performance units and DownREIT Subordinated performance unit equivalents (in shares) 0 18,695 0
Weighted average shares outstanding - diluted (in shares) 76,844 146,023 91,239
Earnings per share - basic (in dollars per share) $ 1.18 $ 1.58 $ 0.99
Earnings per share - diluted (in dollars per share) 1.18 1.48 0.99
Dividends declared per common share (in dollars per share) $ 2.25 $ 2.23 $ 2.15