Company: NSA-PB
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001628280-25-048800
Chunk: 11

Company: National Storage Affiliates Trust
Filing Date: 2025-11-04
Form: 10-Q
Item: Item 1
Chunk 11
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 National Storage Affiliates Trust18,427 18,701 50,892 94,790 Distributions to preferred shareholders(5,117)(5,112)(15,345)(15,332)Net income attributable to common shareholders$13,310 $13,589 $35,547 $79,458 Earnings per share - basic and diluted$0.17 $0.18 $0.46 $1.03 Weighted average shares outstanding - basic and diluted76,746 75,760 76,532 77,047 Dividends declared per common share$0.57 $0.56 $1.71 $1.68 

See notes to condensed consolidated financial statements.4

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

Three Months EndedSeptember 30,Nine Months EndedSeptember 30,2025202420252024Net income$29,016 $29,771 $79,493 $157,139 Other comprehensive (loss) incomeUnrealized gain (loss) on derivative contracts674 (21,234)(10,345)5,760 Reclassification of other comprehensive income to interest expense(2,724)(7,813)(8,625)(26,449)Other comprehensive (loss) income(2,050)(29,047)(18,970)(20,689)Comprehensive income26,966 724 60,523 136,450 Comprehensive (income) loss attributable to noncontrolling interests(9,703)1,668 (20,356)(52,372)Comprehensive income attributable to National Storage Affiliates Trust$17,263 $2,392 $40,167 $84,078 

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 $