Company: NSA-PB
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001618563-25-000023
Chunk: 13

Company: National Storage Affiliates Trust
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 1
Chunk 13
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,471 17,062 32,465 76,089 Distributions to preferred shareholders(5,114)(5,110)(10,228)(10,220)Net income attributable to common shareholders$14,357 $11,952 $22,237 $65,869 Earnings per share - basic and diluted$0.19 $0.16 $0.29 $0.85 Weighted average shares outstanding - basic and diluted76,474 75,160 76,423 77,698 Dividends declared per common share$0.57 $0.56 $1.14 $1.12 

See notes to condensed consolidated financial statements.4

NATIONAL STORAGE AFFILIATES TRUSTCONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (dollars in thousands)(Unaudited)

Three Months EndedJune 30,Six Months EndedJune 30,2025202420252024Net income$30,958 $32,280 $50,477 $127,368 Other comprehensive (loss) incomeUnrealized (loss) gain on derivative contracts(3,220)6,581 (11,019)26,994 Reclassification of other comprehensive income to interest expense(2,669)(9,322)(5,901)(18,636)Other comprehensive (loss) income(5,889)(2,741)(16,920)8,358 Comprehensive income25,069 29,539 33,557 135,726 Comprehensive income attributable to noncontrolling interests(8,928)(14,259)(10,653)(54,040)Comprehensive income attributable to National Storage Affiliates Trust$16,141 $15,280 $22,904 $81,686 

See notes to condensed consolidated financial statements.5

NATIONAL STORAGE AFFILIATES TRUSTCONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (dollars in thousands, except number of shares)(Unaudited)

AccumulatedAdditionalDistributionsOtherPreferred SharesCommon SharesPaid-inIn Excess OfComprehensiveNoncontrollingTotalNumberAmountNumberAmountCapitalEarnings(Loss) IncomeInterestsEquityBalances, December 31, 202314,685,716 $340,651 82,285,995 $823 $1,509