Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-12-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-12-31 | 2004-09-30 | 2004-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenues: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property rental | 735,581,000 | 721,004,000 | 704,380,000 | 707,234,000 | 710,874,000 | 697,100,000 | 688,044,000 | 696,982,000 | 650,887,000 | 440,747,000 | 433,962,000 | 438,096,000 | 428,787,000 | 408,044,000 | 379,808,000 | 364,542,000 | 351,355,000 | 321,500,000 | 303,593,000 | 301,084,000 | 290,423,000 | 279,312,000 | 286,703,000 | 288,673,000 | 290,917,000 | 279,584,000 | 271,003,000 | 266,598,000 | 266,728,000 | 258,128,000 | 247,886,000 | 246,351,000 | 248,589,000 | 240,796,000 | 231,493,000 | 229,012,000 | 224,451,000 | 211,791,000 | 199,488,000 | 195,672,000 | 170,548,000 | 161,024,000 | 148,894,000 | 144,420,000 | 144,669,000 | 138,778,000 | 132,001,000 | 113,881,000 | 107,340,000 | 102,923,000 | 94,065,000 | 79,284,000 | 75,844,000 | 69,475,000 | 64,300,000 | 61,490,000 | 59,332,000 | 56,786,000 | 56,143,000 | 60,380,000 | 58,705,000 | 59,409,000 | 59,997,000 | 57,885,000 | 57,024,000 | 55,209,000 | 48,392,000 | 46,231,000 | 45,116,000 | 44,682,000 | 42,020,000 | 39,175,000 | 20,571,500 | 36,245,000 | 23,819,000 | 22,222,000 | |||
tenant reinsurance | 90,341,000 | 88,572,000 | 84,712,000 | 83,695,000 | 84,048,000 | 83,705,000 | 81,347,000 | 70,415,000 | 69,128,000 | 48,433,000 | 47,704,000 | 47,438,000 | 47,869,000 | 46,427,000 | 43,797,000 | 43,897,000 | 44,258,000 | 42,334,000 | 39,619,000 | 38,576,000 | 39,294,000 | 35,078,000 | 33,613,000 | 33,301,000 | 33,588,000 | 31,701,000 | 29,797,000 | 29,847,000 | 30,105,000 | 28,521,000 | 27,034,000 | 25,351,000 | 25,882,000 | 24,313,000 | 22,855,000 | 22,355,000 | 22,727,000 | 21,654,000 | 20,555,000 | 19,895,000 | 18,226,000 | 17,340,000 | 16,510,000 | 15,716,000 | 15,385,000 | 14,508,000 | 13,463,000 | 12,294,000 | 12,110,000 | 10,221,000 | 9,495,000 | 9,008,000 | 8,557,000 | 8,269,000 | 7,596,000 | 7,024,000 | 6,796,000 | 6,338,000 | 5,892,000 | 5,542,000 | 5,085,000 | 4,619,000 | 4,265,000 | 3,980,000 | |||||||||||||||
management fees and other income | 32,538,000 | 32,042,000 | 30,905,000 | 30,967,000 | 29,882,000 | 29,858,000 | 30,148,000 | 30,377,000 | 28,019,000 | 22,206,000 | 21,384,000 | 21,184,000 | 22,246,000 | 20,517,000 | 19,957,000 | 18,944,000 | 16,879,000 | 14,796,000 | 15,645,000 | 13,830,000 | 13,307,000 | 12,856,000 | 12,136,000 | 13,827,000 | 13,000,000 | 12,317,000 | 10,746,000 | 10,908,000 | 10,120,000 | 10,164,000 | 10,565,000 | 10,140,000 | 9,685,000 | 10,894,000 | 8,660,000 | 9,649,000 | 10,005,000 | 10,828,000 | 9,360,000 | 10,192,000 | 8,723,000 | 7,496,000 | 7,750,000 | ||||||||||||||||||||||||||||||||||||
total revenues | 858,460,000 | 841,618,000 | 819,997,000 | 821,896,000 | 824,804,000 | 810,663,000 | 799,539,000 | 797,774,000 | 748,034,000 | 511,386,000 | 503,050,000 | 506,718,000 | 498,902,000 | 474,988,000 | 443,562,000 | 427,383,000 | 412,492,000 | 378,630,000 | 358,857,000 | 353,490,000 | 343,024,000 | 327,246,000 | 332,452,000 | 335,801,000 | 337,505,000 | 323,602,000 | 311,546,000 | 307,353,000 | 306,953,000 | 296,813,000 | 285,485,000 | 281,842,000 | 284,156,000 | 276,003,000 | 263,008,000 | 261,016,000 | 257,183,000 | 244,273,000 | 229,403,000 | 225,759,000 | 197,497,000 | 185,860,000 | 173,154,000 | 167,367,000 | 167,368,000 | 160,240,000 | 152,180,000 | 133,111,000 | 126,246,000 | 119,322,000 | 109,791,000 | 94,951,000 | 90,987,000 | 84,097,000 | 78,040,000 | 74,481,000 | 71,979,000 | 68,777,000 | 67,587,000 | 71,304,000 | 69,068,000 | 69,254,000 | 69,848,000 | 67,336,000 | 65,707,000 | 63,826,000 | 56,550,000 | 53,776,000 | 52,175,000 | 51,188,000 | 48,531,000 | 45,370,000 | 22,667,500 | 43,135,000 | 24,617,000 | 22,918,000 | 47,803,000 | 18,168,000 | 13,929,000 |
expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property operations | 235,486,000 | 227,621,000 | 223,582,000 | 221,111,000 | 209,035,000 | 196,902,000 | 204,518,000 | 195,039,000 | 185,194,000 | 114,637,000 | 117,166,000 | 112,971,000 | 114,577,000 | 104,252,000 | 103,542,000 | 94,292,000 | 92,794,000 | 89,155,000 | 92,367,000 | 88,956,000 | 92,322,000 | 89,040,000 | 90,297,000 | 87,762,000 | 88,653,000 | 80,870,000 | 78,765,000 | 72,207,000 | 73,652,000 | 73,083,000 | 72,753,000 | 67,604,000 | 70,430,000 | 67,295,000 | 66,645,000 | 64,122,000 | 62,341,000 | 62,430,000 | 61,112,000 | 59,634,000 | 48,878,000 | 48,209,000 | 47,244,000 | 43,346,000 | 43,294,000 | 42,294,000 | 43,482,000 | 34,376,000 | 33,462,000 | 34,437,000 | 30,115,000 | 26,012,000 | 26,596,000 | 24,270,000 | 22,712,000 | 23,344,000 | 21,334,000 | 20,941,000 | 21,956,000 | 23,022,000 | 21,567,000 | 22,867,000 | 21,367,000 | 20,863,000 | 20,641,000 | 19,607,000 | 17,352,000 | 16,896,000 | 15,640,000 | 16,613,000 | 15,248,000 | 14,742,000 | 7,821,250 | 13,366,000 | 9,041,000 | 8,878,000 | |||
general and administrative | 43,479,000 | 44,952,000 | 45,974,000 | 44,025,000 | 39,750,000 | 39,901,000 | 43,722,000 | 39,397,000 | 37,406,000 | 34,842,000 | 34,763,000 | 35,963,000 | 32,275,000 | 31,251,000 | 29,762,000 | 27,918,000 | 24,395,000 | 26,341,000 | 23,540,000 | 24,352,000 | 23,894,000 | 25,337,000 | 23,011,000 | 20,870,000 | 22,519,000 | 23,351,000 | 22,678,000 | 18,434,000 | 19,707,000 | 21,651,000 | 21,464,000 | 18,790,000 | 19,498,000 | 21,865,000 | 18,808,000 | 18,355,000 | 19,537,000 | 20,512,000 | 23,402,000 | 18,138,000 | 16,716,000 | 16,655,000 | 16,249,000 | 16,689,000 | 13,966,000 | 14,985,000 | 15,302,000 | 13,943,000 | 13,739,000 | 12,769,000 | 12,559,000 | 12,545,000 | 12,640,000 | 12,306,000 | 12,432,000 | 11,658,000 | 10,618,000 | 11,229,000 | 11,056,000 | 9,982,000 | 10,615,000 | 11,246,000 | 10,319,000 | 10,070,000 | 10,179,000 | 9,326,000 | 8,968,000 | 9,240,000 | 9,010,000 | 8,598,000 | 8,747,000 | 9,245,000 | 3,967,000 | 9,591,000 | 3,320,000 | 2,957,000 | |||
depreciation and amortization | 177,466,000 | 177,266,000 | 180,356,000 | 196,202,000 | 195,046,000 | 194,809,000 | 196,966,000 | 196,139,000 | 152,338,000 | 79,086,000 | 78,490,000 | 79,920,000 | 71,423,000 | 69,067,000 | 67,906,000 | 62,194,000 | 61,516,000 | 59,570,000 | 58,599,000 | 56,739,000 | 56,412,000 | 56,018,000 | 55,275,000 | 54,741,000 | 56,051,000 | 54,406,000 | 54,659,000 | 53,126,000 | 52,283,000 | 51,892,000 | 51,749,000 | 49,157,000 | 48,075,000 | 46,632,000 | 49,432,000 | 49,158,000 | 46,555,000 | 43,950,000 | 42,897,000 | 40,766,000 | 30,711,000 | 31,552,000 | 30,428,000 | 29,181,000 | 29,249,000 | 28,271,000 | 28,375,000 | 23,428,000 | 22,785,000 | 23,025,000 | 19,768,000 | 16,626,000 | 16,524,000 | 14,364,000 | 14,092,000 | 13,585,000 | 12,519,000 | 12,202,000 | 12,419,000 | 13,797,000 | 12,840,000 | 12,523,000 | 12,355,000 | 11,697,000 | 11,581,000 | 10,598,000 | 9,123,000 | 8,796,000 | 9,586,000 | 9,253,000 | 9,057,000 | 9,276,000 | 5,369,500 | 9,535,000 | 6,213,000 | 5,730,000 | 10,495,000 | 5,057,000 | 3,089,000 |
total expenses | 474,212,000 | 466,784,000 | 467,028,000 | 479,578,000 | 461,341,000 | 451,243,000 | 463,711,000 | 464,306,000 | 448,242,000 | 238,047,000 | 239,508,000 | 237,148,000 | 229,045,000 | 213,572,000 | 208,252,000 | 192,487,000 | 186,214,000 | 181,801,000 | 181,667,000 | 175,816,000 | 179,817,000 | 177,253,000 | 175,261,000 | 171,156,000 | 174,867,000 | 165,609,000 | 163,069,000 | 150,676,000 | 153,362,000 | 152,097,000 | 151,573,000 | 140,728,000 | 144,275,000 | 139,596,000 | 138,805,000 | 137,832,000 | 134,459,000 | 133,971,000 | 135,775,000 | 185,450,000 | 100,193,000 | 104,253,000 | 97,718,000 | 97,451,000 | 89,875,000 | 89,579,000 | 91,782,000 | 77,047,000 | 72,871,000 | 72,593,000 | 66,307,000 | 57,076,000 | 58,217,000 | 52,882,000 | 52,188,000 | 50,451,000 | 48,418,000 | 45,971,000 | 46,724,000 | 48,087,000 | 66,694,000 | 47,979,000 | 45,506,000 | 45,428,000 | 43,727,000 | 41,112,000 | 36,819,000 | 36,155,000 | 35,072,000 | 34,661,000 | 33,665,000 | 34,214,000 | 17,362,000 | 33,014,000 | 18,742,000 | 17,692,000 | 40,014,000 | 14,808,000 | |
loss on real estate assets held for sale and sold | -105,128,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of life storage trade name | -51,763,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from operations | 279,120,000 | 373,970,000 | 388,730,000 | 380,032,000 | 302,739,000 | 304,761,000 | 335,828,000 | 333,468,000 | 299,792,000 | 273,339,000 | 263,542,000 | 269,570,000 | 269,857,000 | 275,665,000 | 235,310,000 | 311,773,000 | 226,278,000 | 196,829,000 | 241,073,000 | 195,749,000 | 163,207,000 | 149,993,000 | 157,191,000 | 164,645,000 | 162,638,000 | 159,198,000 | 148,477,000 | 187,484,000 | 153,591,000 | 144,716,000 | 133,912,000 | 141,114,000 | 139,881,000 | 136,407,000 | 124,203,000 | 123,184,000 | 122,724,000 | 110,302,000 | 93,628,000 | 40,309,000 | 97,304,000 | 81,607,000 | 75,436,000 | 69,916,000 | 77,493,000 | 70,661,000 | 60,398,000 | 56,064,000 | 53,375,000 | 46,729,000 | 43,484,000 | 37,875,000 | 32,770,000 | 31,215,000 | 25,852,000 | 24,030,000 | 23,561,000 | 22,806,000 | 20,863,000 | ||||||||||||||||||||
yoy | -7.80% | 22.71% | 15.75% | 13.96% | 0.98% | 11.50% | 27.43% | 23.70% | 11.09% | -0.84% | 12.00% | -13.54% | 19.26% | 40.05% | -2.39% | 59.27% | 38.64% | 31.23% | 53.36% | 18.89% | 0.35% | -5.78% | 5.87% | -12.18% | 5.89% | 10.01% | 10.88% | 32.86% | 9.80% | 6.09% | 7.82% | 14.56% | 13.98% | 23.67% | 32.66% | 205.60% | 26.12% | 35.16% | 24.12% | -42.35% | 25.56% | 15.49% | 24.90% | 24.71% | 45.19% | 51.21% | 38.90% | 48.02% | 62.88% | 49.70% | 68.20% | 57.62% | 39.09% | 36.87% | 23.91% | ||||||||||||||||||||||||
qoq | -25.36% | -3.80% | 2.29% | 25.53% | -0.66% | -9.25% | 0.71% | 11.23% | 9.68% | 3.72% | -2.24% | -0.11% | -2.11% | 17.15% | -24.53% | 37.78% | 14.96% | -18.35% | 23.15% | 19.94% | 8.81% | -4.58% | -4.53% | 1.23% | 2.16% | 7.22% | -20.81% | 22.07% | 6.13% | 8.07% | -5.10% | 0.88% | 2.55% | 9.83% | 0.83% | 0.37% | 11.26% | 17.81% | 132.28% | -58.57% | 19.23% | 8.18% | 7.90% | -9.78% | 9.67% | 16.99% | 7.73% | 5.04% | 14.22% | 7.46% | 14.81% | 15.58% | 4.98% | 20.75% | 7.58% | 1.99% | 3.31% | 9.31% | |||||||||||||||||||||
operating margin % | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | -149,650,000 | -146,128,000 | -142,399,000 | -138,479,000 | -142,855,000 | -137,133,000 | -132,887,000 | -129,665,000 | -122,899,000 | -86,372,000 | -80,099,000 | -72,922,000 | -56,245,000 | -47,466,000 | -42,538,000 | -45,578,000 | -39,670,000 | -40,240,000 | -40,695,000 | -41,016,000 | -42,213,000 | -41,039,000 | -44,358,000 | -44,810,000 | -46,908,000 | -47,448,000 | -47,360,000 | -48,197,000 | -45,926,000 | -43,347,000 | -40,966,000 | -40,319,000 | -39,766,000 | -37,456,000 | -35,970,000 | -35,824,000 | -33,494,000 | -32,802,000 | -31,359,000 | -30,629,000 | -20,811,000 | -22,811,000 | -21,431,000 | -20,393,000 | -20,681,000 | -7,493,000 | -6,239,000 | -18,750,000 | -9,741,000 | -8,406,000 | |||||||||||||||||||||||||||||
non-cash interest expense related to amortization of discount on unsecured senior notes | -12,086,000 | -11,770,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest income | 43,588,000 | 41,998,000 | 38,967,000 | 34,676,000 | 34,947,000 | 31,226,000 | 23,573,000 | 22,250,000 | 22,092,000 | 21,077,000 | 19,438,000 | 17,248,000 | 18,125,000 | 15,060,000 | 18,989,000 | 12,832,000 | 11,729,000 | 12,838,000 | 12,304,000 | 8,704,000 | 3,145,000 | 1,669,000 | 1,674,000 | 1,562,000 | 2,799,000 | 1,718,000 | 1,388,000 | 1,295,000 | 1,371,000 | 1,188,000 | 1,438,000 | 1,004,000 | 869,000 | 826,000 | 1,102,000 | 1,451,000 | 1,358,000 | 1,625,000 | 1,714,000 | 1,821,000 | 356,000 | 428,000 | 856,000 | 440,000 | 186,000 | 712,000 | 269,000 | 202,000 | 133,000 | 184,000 | 461,000 | 448,000 | 275,000 | 185,000 | 189,000 | 182,000 | 178,000 | 211,000 | 325,000 | 245,000 | 321,000 | 532,000 | 1,280,000 | 870,000 | 425,000 | 1,821,000 | 3,668,000 | 1,448,000 | 1,664,000 | 175,000 | 148,000 | 482,000 | 216,250 | 789,000 | |||||
income before equity in earnings and dividend income from unconsolidated real estate entities and income tax expense | 160,972,000 | 258,070,000 | 273,985,000 | 265,072,000 | 183,826,000 | 188,001,000 | 215,809,000 | 215,495,000 | 190,757,000 | 208,044,000 | 202,881,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings and dividend income from unconsolidated real estate entities | 15,669,000 | 16,284,000 | 19,931,000 | 18,764,000 | 16,246,000 | 17,255,000 | 15,007,000 | 16,233,000 | 15,043,000 | 13,254,000 | 10,305,000 | 10,992,000 | 11,149,000 | 10,190,000 | 9,097,000 | 8,825,000 | 8,255,000 | 8,322,000 | 6,956,000 | 6,669,000 | 5,605,000 | 5,044,000 | 5,043,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings of unconsolidated real estate ventures - gain on sale of real estate assets and sale of a joint venture interest | 9,354,000 | 13,730,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax expense | -11,962,000 | -11,638,000 | -8,991,000 | -6,035,000 | -10,857,000 | -9,844,000 | -6,742,000 | -4,321,000 | -6,944,000 | -5,986,000 | -4,308,000 | -5,409,000 | -6,760,000 | -5,615,000 | -3,141,000 | -3,994,000 | -6,772,000 | -5,421,000 | -4,137,000 | -3,797,000 | -4,657,000 | -3,177,000 | -2,179,000 | -2,728,000 | -4,052,000 | -2,715,000 | -1,813,000 | -3,167,000 | -2,638,000 | -2,097,000 | -1,342,000 | 5,529,000 | -3,163,000 | -2,867,000 | -3,124,000 | -4,843,000 | -4,466,000 | -3,773,000 | -2,765,000 | -2,185,000 | -2,248,000 | 62,000 | |||||||||||||||||||||||||||||||||||||
net income | 174,033,000 | 262,716,000 | 284,925,000 | 277,801,000 | 202,945,000 | 195,412,000 | 224,074,000 | 227,407,000 | 198,856,000 | 215,312,000 | 208,878,000 | 219,479,000 | 236,126,000 | 247,834,000 | 217,717,000 | 283,858,000 | 199,820,000 | 178,579,000 | 215,501,000 | 166,309,000 | 123,854,000 | 111,257,000 | 116,162,000 | 120,279,000 | 115,995,000 | 112,689,000 | 102,160,000 | 109,250,000 | 139,687,000 | 102,713,000 | 95,430,000 | 229,315,000 | 101,075,000 | 94,098,000 | 89,734,000 | 90,416,000 | 127,226,000 | 90,040,000 | 89,407,000 | 11,744,000 | 78,200,000 | 60,956,000 | 58,636,000 | 49,486,000 | 59,193,000 | 46,008,000 | 41,209,000 | 32,352,000 | 37,101,000 | 33,931,000 | 41,553,000 | 24,745,000 | 22,518,000 | 17,352,000 | 12,517,000 | 10,140,000 | 9,482,000 | 7,925,000 | 5,179,000 | 7,574,000 | 30,762,000 | 12,327,000 | 8,901,000 | 6,700,000 | 11,338,000 | 8,695,000 | 6,470,000 | 6,739,000 | 4,307,000 | 3,092,000 | 738,000 | -1,179,750 | -2,859,000 | -1,220,000 | -640,000 | -13,385,000 | -5,077,000 | -7,036,000 | |
yoy | -14.25% | 34.44% | 27.16% | 22.16% | 2.06% | -9.24% | 7.28% | 3.61% | -15.78% | -13.12% | -4.06% | -22.68% | 18.17% | 38.78% | 1.03% | 70.68% | 61.34% | 60.51% | 85.52% | 38.27% | 6.78% | -1.27% | 13.71% | 10.10% | -16.96% | 9.71% | 7.05% | -52.36% | 38.20% | 9.16% | 6.35% | 153.62% | -20.55% | 4.51% | 0.37% | 669.89% | 62.69% | 47.71% | 52.48% | -76.27% | 32.11% | 32.49% | 42.29% | 52.96% | 59.55% | 35.59% | -0.83% | 30.74% | 64.76% | 95.55% | 231.97% | 144.03% | 137.48% | 118.95% | 141.69% | 33.88% | -74.24% | -57.99% | -14.91% | 171.32% | 41.77% | 37.57% | -0.58% | 163.25% | 181.21% | 776.69% | -671.22% | -250.65% | -353.44% | -215.31% | -91.19% | -43.69% | -82.66% | ||||||
qoq | -33.76% | -7.79% | 2.56% | 36.88% | 3.85% | -12.79% | -1.47% | 14.36% | -7.64% | 3.08% | -4.83% | -7.05% | -4.72% | 13.83% | -23.30% | 42.06% | 11.89% | -17.13% | 29.58% | 34.28% | 11.32% | -4.22% | -3.42% | 3.69% | 2.93% | 10.31% | -6.49% | -21.79% | 36.00% | 7.63% | -58.38% | 126.88% | 7.41% | 4.86% | -0.75% | -28.93% | 41.30% | 0.71% | 661.30% | -84.98% | 28.29% | 3.96% | 18.49% | -16.40% | 28.66% | 11.65% | 27.38% | -12.80% | 9.34% | -18.34% | 67.92% | 9.89% | 29.77% | 38.63% | 23.44% | 6.94% | 19.65% | 53.02% | -31.62% | 149.55% | 38.49% | 32.85% | -40.91% | 30.40% | 34.39% | -3.99% | 56.47% | 39.29% | 318.97% | -162.56% | -58.74% | 134.34% | 90.63% | -95.22% | 163.64% | -27.84% | |||
net income margin % | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income allocated to preferred operating partnership noncontrolling interests | -724,000 | -723,000 | -724,000 | -1,189,000 | -1,932,000 | -1,933,000 | -2,208,000 | -2,250,000 | -2,253,000 | -2,254,000 | -2,254,000 | -4,345,000 | -4,454,000 | -4,491,000 | -4,333,000 | -4,050,000 | -3,529,000 | -3,438,000 | -3,680,000 | -3,384,000 | -3,248,000 | -3,139,000 | -3,111,000 | -3,113,000 | -3,088,000 | -3,128,000 | -3,163,000 | -3,390,000 | -3,723,000 | -3,492,000 | -3,390,000 | -4,214,000 | -3,394,000 | -3,430,000 | -3,951,000 | -3,942,000 | -4,144,000 | -3,434,000 | -3,180,000 | -2,673,000 | -3,112,000 | -3,007,000 | -2,926,000 | -2,710,000 | -2,977,000 | ||||||||||||||||||||||||||||||||||
net income allocated to operating partnership and other noncontrolling interests | -7,311,000 | -12,262,000 | -13,326,000 | -14,125,000 | -7,803,000 | -7,607,000 | -8,754,000 | -9,023,000 | -8,253,000 | -10,648,000 | -10,320,000 | -10,874,000 | -10,953,000 | -11,213,000 | -9,805,000 | -11,381,000 | -8,015,000 | -7,193,000 | -8,823,000 | -6,869,000 | -5,973,000 | -5,207,000 | -4,872,000 | -4,884,000 | -4,820,000 | -4,733,000 | -4,227,000 | -4,398,000 | -5,546,000 | -4,068,000 | -3,784,000 | -9,140,000 | -3,917,000 | -3,662,000 | -3,501,000 | -4,071,000 | -4,994,000 | -3,562,000 | -3,635,000 | -396,000 | -3,370,000 | -2,610,000 | -1,968,000 | -1,654,000 | -1,988,000 | ||||||||||||||||||||||||||||||||||
net income attributable to common stockholders | 165,998,000 | 249,731,000 | 270,875,000 | 262,487,000 | 193,210,000 | 185,872,000 | 213,112,000 | 216,134,000 | 188,350,000 | 202,410,000 | 196,304,000 | 204,260,000 | 220,719,000 | 232,130,000 | 203,579,000 | 268,427,000 | 188,276,000 | 167,948,000 | 202,998,000 | 156,056,000 | 114,633,000 | 102,911,000 | 108,179,000 | 112,282,000 | 108,087,000 | 104,828,000 | 94,770,000 | 101,462,000 | 130,418,000 | 95,153,000 | 88,256,000 | 215,961,000 | 93,764,000 | 87,006,000 | 82,282,000 | 82,403,000 | 118,088,000 | 83,044,000 | 82,592,000 | 8,675,000 | 71,718,000 | 55,339,000 | 53,742,000 | 45,122,000 | 54,228,000 | 41,665,000 | 37,340,000 | 29,245,000 | 34,466,000 | 31,425,000 | 38,606,000 | 22,413,000 | 20,214,000 | 15,261,000 | 10,609,000 | 8,301,000 | 7,667,000 | 6,180,000 | 3,568,000 | 5,967,000 | -7,541,000 | 28,974,000 | 12,327,000 | -1,179,750 | -2,859,000 | ||||||||||||||
earnings per common share | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 780 | 1,180 | 1,280 | 1,240 | 910 | 880 | 1,010 | 960 | 960 | 1,500 | 1,460 | 1,520 | 1,650 | 1,730 | 1,520 | 2,010 | 1,410 | 1,250 | 1,540 | 1,190 | 890 | 800 | 840 | 870 | 840 | 820 | 740 | 800 | 1,030 | 750 | 700 | 1,700 | 740 | 690 | 650 | 660 | 940 | 660 | 660 | 60 | 580 | 470 | 460 | 390 | 470 | 360 | 320 | ||||||||||||||||||||||||||||||||
diluted | 780 | 1,180 | 1,280 | 1,240 | 910 | 880 | 1,010 | 960 | 960 | 1,500 | 1,460 | 1,520 | 1,650 | 1,730 | 1,510 | 2,000 | 1,400 | 1,250 | 1,530 | 1,210 | 880 | 800 | 830 | 870 | 830 | 810 | 740 | 790 | 1,020 | 750 | 700 | 1,690 | 740 | 690 | 640 | 670 | 930 | 660 | 660 | 50 | 580 | 470 | 460 | 380 | 470 | 360 | 320 | ||||||||||||||||||||||||||||||||
weighted-average number of shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 211,963,870,000 | 211,940,903,000 | 211,850,618,000 | 211,575,240,000 | 211,698,436,000 | 211,584,155,000 | 211,283,335,000 | 169,216,989,000 | 195,324,444,000 | 134,832,232,000 | 134,511,273,000 | 134,050,815,000 | 133,913,652,000 | 134,192,540,000 | 134,180,175,000 | 133,374,938,000 | 133,809,750,000 | 133,756,610,000 | 132,007,556,000 | 129,541,531,000 | 128,862,341,000 | 128,932,152,000 | 129,288,629,000 | 128,203,568,000 | 128,776,549,000 | 127,585,436,000 | 127,037,247,000 | 126,087,487,000 | 126,466,837,000 | 125,874,130,000 | 125,772,439,000 | 125,967,831,000 | 125,717,517,000 | 125,673,156,000 | 125,605,403,000 | 125,087,554,000 | 125,752,291,000 | 124,914,467,000 | 124,754,174,000 | 119,816,743,000 | 122,644,837,000 | 116,861,678,000 | 116,117,615,000 | 115,713,807,000 | 115,726,911,000 | 115,653,489,000 | 115,438,325,000 | 111,231,452,000 | 111,137,437,000 | 110,809,924,000 | 104,252,227,000 | 102,107,535,000 | 94,888,078,000 | 94,314,429,000 | 91,439,042,000 | 88,045,951,000 | 87,484,731,000 | 87,367,967,000 | 86,873,472,000 | 86,437,877,000 | 86,397,618,000 | 85,940,389,000 | 81,736,986,000 | 73,420,540,000 | 65,825,022,000 | 64,901,249,000 | 64,439,138,000 | 64,058,756,000 | 54,998,935,000 | 52,501,864,000 | 51,625,135,000 | 51,593,729,000 | 31,858,839 | 31,169,950 | |||||
diluted | 221,304,958,000 | 211,940,903,000 | 212,052,742,000 | 211,577,680,000 | 220,298,870,000 | 211,587,105,000 | 220,018,777,000 | 169,220,882,000 | 195,328,020,000 | 143,529,817,000 | 142,940,384,000 | 141,681,388,000 | 141,504,215,000 | 142,737,909,000 | 141,581,862,000 | 140,016,028,000 | 140,425,269,000 | 140,407,195,000 | 139,676,548,000 | 129,584,829,000 | 129,871,096,000 | 129,082,468,000 | 137,139,560,000 | 136,433,769,000 | 137,318,475,000 | 135,654,761,000 | 134,289,716,000 | 133,159,033,000 | 134,240,290,000 | 132,772,772,000 | 132,682,560,000 | 134,155,771,000 | 133,044,473,000 | 132,783,402,000 | 132,618,644,000 | 125,948,076,000 | 133,763,472,000 | 132,025,915,000 | 131,956,094,000 | 126,918,869,000 | 130,398,111,000 | 124,475,890,000 | 122,595,718,000 | 121,435,267,000 | 121,617,554,000 | 121,254,222,000 | 121,062,845,000 | 117,604,515,000 | 115,359,245,000 | 114,967,087,000 | 108,755,316,000 | 106,653,965,000 | 99,927,352,000 | 98,867,803,000 | 96,010,848,000 | 92,812,067,000 | 92,189,852,000 | 92,304,831,000 | 91,666,076,000 | 91,548,984,000 | 91,607,503,000 | 91,222,295,000 | 87,263,018,000 | 79,092,783,000 | 71,359,324,000 | 70,567,078,000 | 69,248,845,000 | 68,786,185,000 | 59,291,749,000 | 57,072,838,000 | 55,991,088,000 | 55,709,430,000 | 31,858,839 | 31,169,950 | |||||
cash dividends paid per common share | 1,620 | 1,620 | 1,620 | 1,215 | 1,620 | 1,620 | 1,620 | 1,215 | 1,620 | 1,620 | 1,620 | 1,125 | 1,500 | 1,500 | 1,500 | 812.5 | 1,250 | 1,000 | 1,000 | 675 | 900 | 900 | 900 | 665 | 900 | 900 | 860 | 625 | 860 | 860 | 780 | 585 | 780 | 780 | 780 | 537.5 | 780 | 780 | 590 | 412.5 | 590 | 590 | 470 | 335 | 470 | 470 | 400 | 400 | 400 | 250 | 200 | 200 | 200 | 140 | 140 | 140 | 100 | 100 | 100 | 250 | 250 | 250 | 250 | 230 | 230 | 230 | 230 | 230 | 230 | 230 | 0.228 | 0.228 | |||||||
gain on real estate assets held for sale and sold | -864,000 | 35,761,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash interest expense related to amortization of discount on life storage unsecured senior notes | -11,313,000 | -11,157,000 | -11,005,000 | -10,853,000 | -10,705,000 | -10,558,000 | -8,228,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
life storage merger transition costs | 12,558,000 | 54,174,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on real estate assets held for sale | -15,905,000 | -8,961,000 | -54,659,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
transaction costs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on real estate transactions | 14,249,000 | 76,877,000 | 63,883,000 | 301,250 | 1,205,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
transaction related costs | 83,000 | 1,465,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before equity in earnings and dividend income from unconsolidated real estate ventures and income tax expense | 171,689,250 | 231,737,000 | 243,259,000 | 211,761,000 | 279,027,000 | 198,337,000 | 169,427,000 | 212,682,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings of unconsolidated real estate ventures - gain on sale of real estate assets and purchase of joint venture partner's interest | 6,251,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash interest expense related to amortization of discount on equity component of exchangeable senior notes | -1,233,000 | -1,233,000 | -1,209,000 | -1,209,000 | -1,186,000 | -1,185,000 | -1,162,000 | -1,162,000 | -1,140,000 | -1,176,000 | -1,209,000 | -1,276,000 | -1,268,000 | -1,290,000 | -1,269,000 | -1,264,000 | -1,243,000 | -1,240,000 | -1,233,000 | -1,112,000 | -805,000 | -696,000 | -697,000 | -679,000 | -679,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before equity in earnings of unconsolidated real estate ventures and income tax expense | 163,437,000 | 122,906,000 | 109,390,000 | 120,188,000 | 117,343,000 | 112,283,000 | 101,343,000 | 108,613,000 | 138,703,000 | 101,381,000 | 93,175,000 | 219,862,000 | 100,248,000 | 93,127,000 | 89,279,000 | 87,410,000 | 90,558,000 | 90,455,000 | 62,419,000 | 11,601,000 | 78,358,000 | 60,140,000 | 55,377,000 | 48,772,000 | 55,032,000 | 43,479,000 | 41,620,000 | 31,228,000 | 37,045,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
income before equity in earnings of unconsolidated real estate entities and income tax expense | 113,298,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings of unconsolidated real estate ventures | 2,819,000 | 2,704,000 | 3,121,000 | 2,630,000 | 3,804,000 | 3,622,000 | 3,429,000 | 3,597,000 | 3,924,000 | 3,990,000 | 3,838,000 | 3,579,000 | 3,082,000 | 3,625,000 | 3,358,000 | 2,830,000 | 3,297,000 | 3,403,000 | 3,001,000 | 2,650,000 | 2,741,000 | 2,777,000 | 2,604,000 | 2,419,000 | 3,405,000 | 2,914,000 | 2,623,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on real estate transactions and impairment of real estate | 7,701,750 | 30,807,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on real estate transactions and impairment of real estate | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition related costs and other | 2,987,000 | 1,933,000 | 3,138,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on real estate transactions, earnout from prior acquisition and impairment of real estate | -1,504,750 | -6,019,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest income on note receivable from preferred operating partnership unit holder | 531,000 | 532,000 | 659,000 | 1,213,000 | 1,212,000 | 1,213,000 | 1,212,000 | 1,213,000 | 1,212,000 | 1,213,000 | 1,212,000 | 1,213,000 | 1,212,000 | 1,213,000 | 1,212,000 | 1,213,000 | 1,213,000 | 1,212,000 | 1,213,000 | 1,213,000 | 1,212,000 | 1,213,000 | 1,213,000 | 1,212,000 | 1,213,000 | 1,213,000 | 1,212,000 | 1,213,000 | 1,213,000 | 1,212,000 | 1,213,000 | 1,213,000 | |||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings of unconsolidated real estate ventures - gain on sale of real estate assets and purchase of joint venture partners' interests | 4,767,000 | 37,509,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings of unconsolidated real estate ventures - gain on purchase of a joint venture partner's interest | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on earnout from prior acquisition | -1,544,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on real estate transactions and earnout from prior acquisition | 2,453,500 | 11,358,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition related costs | 4,053,000 | 63,698,000 | 280,000 | 4,554,000 | 869,000 | 5,941,000 | 436,000 | 1,393,000 | 2,056,000 | 2,427,000 | 683,000 | 452,000 | 2,486,000 | 469,000 | 609,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings of unconsolidated real estate ventures - gain on sale of real estate assets and purchase of joint venture partners’ interests | 26,923,000 | 714,250 | 2,556,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on real estate transactions and earnout from prior acquisitions | 1,101,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit | -1,998,500 | -3,561,000 | -1,334,250 | 1,006,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on earnout from prior acquisitions | 400,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings of unconsolidated real estate ventures—gain on sale of real estate assets and purchase of joint venture partners’ interests | 2,857,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
management fees | 7,231,000 | 7,314,000 | 6,954,000 | 6,716,000 | 6,936,000 | 6,796,000 | 6,178,000 | 400,000 | 368,000 | 1,298,000 | 353,000 | 428,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of real estate and earnout from prior acquisitions | -2,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on extinguishment of debt related to portfolio acquisition | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings of unconsolidated real estate ventures—gain on purchase of joint venture partners’ interests | 954,000 | 378,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of real estate and earnout from prior acquisition | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings of unconsolidated real estate ventures - purchase of joint venture partners’ interests | 3,438,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of real estate assets | 800,000 | -171,000 | 1,920,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per common share | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 260 | 310 | 280 | 370 | 220 | 210 | 160 | 120 | 90 | 90 | 70 | 40 | 70 | -90 | 340 | 150 | 120 | 100 | 150 | 130 | 100 | 110 | 80 | 60 | 10 | -0.04 | -0.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 260 | 310 | 280 | 370 | 220 | 210 | 160 | 120 | 90 | 90 | 70 | 40 | 70 | -90 | 340 | 150 | 120 | 100 | 150 | 130 | 100 | 140 | 70 | 60 | 10 | -0.04 | -0.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash interest expense related to amortization of discount on exchangeable senior notes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before equity in earnings of real estate ventures and income tax expense | 30,760,000 | 26,735,000 | 23,681,000 | 15,743,000 | 15,417,000 | 10,552,000 | 8,583,000 | 8,834,000 | 7,580,000 | 4,723,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
management and franchise fees | 6,231,000 | 6,659,000 | 6,586,000 | 6,353,000 | 6,144,000 | 5,967,000 | 5,851,000 | 5,653,000 | 5,552,000 | 5,191,000 | 5,275,000 | 5,219,000 | 5,417,000 | 5,343,000 | 5,077,000 | 5,169,000 | 5,143,000 | 5,208,000 | 5,186,000 | 5,357,000 | 5,181,000 | 5,159,000 | 1,332,750 | 4,563,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings of real estate ventures | 2,854,000 | 2,698,000 | 2,296,000 | 1,873,000 | 2,376,000 | 1,811,000 | 1,736,000 | 1,559,000 | 1,501,000 | 1,752,000 | 1,641,000 | 1,895,000 | 2,015,000 | 1,373,000 | 1,222,000 | 1,304,000 | 1,192,000 | 1,197,000 | 1,127,000 | 1,340,000 | 1,087,000 | 1,139,000 | 490,000 | 1,355,000 | 288,000 | 317,000 | 983,000 | 404,000 | 433,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings of real estate ventures - gain on sale of real estate assets and purchase of joint venture partner’s interest | 13,620,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of common shares | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 211,963,870,000 | 211,940,903,000 | 211,850,618,000 | 211,575,240,000 | 211,698,436,000 | 211,584,155,000 | 211,283,335,000 | 169,216,989,000 | 195,324,444,000 | 134,832,232,000 | 134,511,273,000 | 134,050,815,000 | 133,913,652,000 | 134,192,540,000 | 134,180,175,000 | 133,374,938,000 | 133,809,750,000 | 133,756,610,000 | 132,007,556,000 | 129,541,531,000 | 128,862,341,000 | 128,932,152,000 | 129,288,629,000 | 128,203,568,000 | 128,776,549,000 | 127,585,436,000 | 127,037,247,000 | 126,087,487,000 | 126,466,837,000 | 125,874,130,000 | 125,772,439,000 | 125,967,831,000 | 125,717,517,000 | 125,673,156,000 | 125,605,403,000 | 125,087,554,000 | 125,752,291,000 | 124,914,467,000 | 124,754,174,000 | 119,816,743,000 | 122,644,837,000 | 116,861,678,000 | 116,117,615,000 | 115,713,807,000 | 115,726,911,000 | 115,653,489,000 | 115,438,325,000 | 111,231,452,000 | 111,137,437,000 | 110,809,924,000 | 104,252,227,000 | 102,107,535,000 | 94,888,078,000 | 94,314,429,000 | 91,439,042,000 | 88,045,951,000 | 87,484,731,000 | 87,367,967,000 | 86,873,472,000 | 86,437,877,000 | 86,397,618,000 | 85,940,389,000 | 81,736,986,000 | 73,420,540,000 | 65,825,022,000 | 64,901,249,000 | 64,439,138,000 | 64,058,756,000 | 54,998,935,000 | 52,501,864,000 | 51,625,135,000 | 51,593,729,000 | 31,858,839 | 31,169,950 | |||||
diluted | 221,304,958,000 | 211,940,903,000 | 212,052,742,000 | 211,577,680,000 | 220,298,870,000 | 211,587,105,000 | 220,018,777,000 | 169,220,882,000 | 195,328,020,000 | 143,529,817,000 | 142,940,384,000 | 141,681,388,000 | 141,504,215,000 | 142,737,909,000 | 141,581,862,000 | 140,016,028,000 | 140,425,269,000 | 140,407,195,000 | 139,676,548,000 | 129,584,829,000 | 129,871,096,000 | 129,082,468,000 | 137,139,560,000 | 136,433,769,000 | 137,318,475,000 | 135,654,761,000 | 134,289,716,000 | 133,159,033,000 | 134,240,290,000 | 132,772,772,000 | 132,682,560,000 | 134,155,771,000 | 133,044,473,000 | 132,783,402,000 | 132,618,644,000 | 125,948,076,000 | 133,763,472,000 | 132,025,915,000 | 131,956,094,000 | 126,918,869,000 | 130,398,111,000 | 124,475,890,000 | 122,595,718,000 | 121,435,267,000 | 121,617,554,000 | 121,254,222,000 | 121,062,845,000 | 117,604,515,000 | 115,359,245,000 | 114,967,087,000 | 108,755,316,000 | 106,653,965,000 | 99,927,352,000 | 98,867,803,000 | 96,010,848,000 | 92,812,067,000 | 92,189,852,000 | 92,304,831,000 | 91,666,076,000 | 91,548,984,000 | 91,607,503,000 | 91,222,295,000 | 87,263,018,000 | 79,092,783,000 | 71,359,324,000 | 70,567,078,000 | 69,248,845,000 | 68,786,185,000 | 59,291,749,000 | 57,072,838,000 | 55,991,088,000 | 55,709,430,000 | 31,858,839 | 31,169,950 | |||||
equity in earnings of real estate ventures - gain on sale of real estate assets | 5,429,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrecovered development and acquisition costs | 346,000 | 1,570,000 | 249,000 | 211,000 | 142,000 | 70,000 | 22,000 | 18,801,000 | 82,000 | 39,000 | 1,428,000 | 164,000 | 184,000 | 159,000 | 250,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sublease | 2,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
severance costs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on repurchase of exchangeable senior notes | 5,093,000 | 22,483,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (income) loss allocated to operating partnership and other noncontrolling interests | 509,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income | 191,000 | 3,000 | 7,000 | 169,000 | 128,000 | 128,000 | 324,000 | 145,000 | 139,000 | 163,000 | 386,000 | 184,000 | 65,000 | 107,250 | 308,000 | 136,000 | 61,000 | 435,000 | 29,000 | 353,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
severance costs associated with wind-down of development program | 1,400,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before interest, equity in earnings of real estate ventures, gain on repurchase of exchangeable senior notes, loss on sale of investments available for sale and income tax expense | 23,217,000 | 2,374,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale of investments available for sale | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before interest, equity in earnings of real estate ventures, gain on repurchase of exchangeable senior notes and loss on sale of investments available for sale | 21,275,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income allocated to preferred operating partnership | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before interest, equity in earnings of real estate ventures, loss on sale of investments available for sale, preferred operating partnership units and minority interests | 24,342,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fair value adjustment of obligation associated with preferred operating partnership units | 1,054,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest - operating partnership | 104,750 | 253,000 | 110,000 | 56,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interests - other | 147,000 | 117,000 | 139,000 | 113,000 | 56,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed distribution paid to preferred operating partnership unit holder | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before interest, equity in earnings of real estate ventures, loss on investments available for sale and minority interests | 21,908,000 | 21,980,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest income on note receivable from preferred unit holder | 1,212,000 | 1,213,000 | 1,280,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tenant insurance | 3,478,000 | 3,027,000 | 2,688,000 | 2,143,000 | 1,710,000 | 716,000 | 971,000 | 921,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
development fees | 97,000 | 182,000 | 55,000 | 68,000 | 47,000 | 175,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before interest, preferred operating partnership, minority interests and equity in earnings of real estate ventures | 22,714,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income available to common stockholders | 9,828,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before interest, minority interests and equity in earnings of real estate ventures | 19,731,000 | 17,621,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrecovered development/acquisition costs | 63,750 | 24,000 | 318,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before interest, minority interest and equity in earnings of real estate ventures | 10,637,250 | 16,527,000 | 14,866,000 | 11,156,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition and development fees | 50,000 | 224,000 | 367,000 | 262,000 | 267,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tenant insurance income | 215,750 | 863,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tenant insurance expense | 128,250 | 513,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrecovered development/acquisition costs and support payments | 71,000 | 9,000 | 168,000 | 107,000 | 186,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other | 5,000 | 20,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before interest expense, minority interests, equity in earnings of real estate ventures and gain on sale of real estate assets | 5,305,500 | 10,121,000 | 840,000 | 3,360,000 | 1,501,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest - fidelity preferred return | -1,124,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss allocated to other minority interests | 158,500 | 634,000 | 560,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before gain on sale of real estate assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred return on class b, c, and e units | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on early redemption of fidelity minority interest | -1,478,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per share | -0.035 | -0.08 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of shares - basic and diluted | 37,465,700 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash dividends per common share | 0.171 | 0.228 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before interest expense, minority interests, equity in earnings of real estate ventures and loss on sale of real estate assets | 5,875,000 | 5,226,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before loss on sale of real estate assets | -1,220,000 | -640,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale of real estate assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per share | -0.035 | -0.08 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 260 | 310 | 280 | 370 | 220 | 210 | 160 | 120 | 90 | 90 | 70 | 40 | 70 | -90 | 340 | 150 | 120 | 100 | 150 | 130 | 100 | 110 | 80 | 60 | 10 | -0.04 | -0.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 260 | 310 | 280 | 370 | 220 | 210 | 160 | 120 | 90 | 90 | 70 | 40 | 70 | -90 | 340 | 150 | 120 | 100 | 150 | 130 | 100 | 140 | 70 | 60 | 10 | -0.04 | -0.02 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of shares: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 211,963,870,000 | 211,940,903,000 | 211,850,618,000 | 211,575,240,000 | 211,698,436,000 | 211,584,155,000 | 211,283,335,000 | 169,216,989,000 | 195,324,444,000 | 134,832,232,000 | 134,511,273,000 | 134,050,815,000 | 133,913,652,000 | 134,192,540,000 | 134,180,175,000 | 133,374,938,000 | 133,809,750,000 | 133,756,610,000 | 132,007,556,000 | 129,541,531,000 | 128,862,341,000 | 128,932,152,000 | 129,288,629,000 | 128,203,568,000 | 128,776,549,000 | 127,585,436,000 | 127,037,247,000 | 126,087,487,000 | 126,466,837,000 | 125,874,130,000 | 125,772,439,000 | 125,967,831,000 | 125,717,517,000 | 125,673,156,000 | 125,605,403,000 | 125,087,554,000 | 125,752,291,000 | 124,914,467,000 | 124,754,174,000 | 119,816,743,000 | 122,644,837,000 | 116,861,678,000 | 116,117,615,000 | 115,713,807,000 | 115,726,911,000 | 115,653,489,000 | 115,438,325,000 | 111,231,452,000 | 111,137,437,000 | 110,809,924,000 | 104,252,227,000 | 102,107,535,000 | 94,888,078,000 | 94,314,429,000 | 91,439,042,000 | 88,045,951,000 | 87,484,731,000 | 87,367,967,000 | 86,873,472,000 | 86,437,877,000 | 86,397,618,000 | 85,940,389,000 | 81,736,986,000 | 73,420,540,000 | 65,825,022,000 | 64,901,249,000 | 64,439,138,000 | 64,058,756,000 | 54,998,935,000 | 52,501,864,000 | 51,625,135,000 | 51,593,729,000 | 31,858,839 | 31,169,950 | |||||
diluted | 221,304,958,000 | 211,940,903,000 | 212,052,742,000 | 211,577,680,000 | 220,298,870,000 | 211,587,105,000 | 220,018,777,000 | 169,220,882,000 | 195,328,020,000 | 143,529,817,000 | 142,940,384,000 | 141,681,388,000 | 141,504,215,000 | 142,737,909,000 | 141,581,862,000 | 140,016,028,000 | 140,425,269,000 | 140,407,195,000 | 139,676,548,000 | 129,584,829,000 | 129,871,096,000 | 129,082,468,000 | 137,139,560,000 | 136,433,769,000 | 137,318,475,000 | 135,654,761,000 | 134,289,716,000 | 133,159,033,000 | 134,240,290,000 | 132,772,772,000 | 132,682,560,000 | 134,155,771,000 | 133,044,473,000 | 132,783,402,000 | 132,618,644,000 | 125,948,076,000 | 133,763,472,000 | 132,025,915,000 | 131,956,094,000 | 126,918,869,000 | 130,398,111,000 | 124,475,890,000 | 122,595,718,000 | 121,435,267,000 | 121,617,554,000 | 121,254,222,000 | 121,062,845,000 | 117,604,515,000 | 115,359,245,000 | 114,967,087,000 | 108,755,316,000 | 106,653,965,000 | 99,927,352,000 | 98,867,803,000 | 96,010,848,000 | 92,812,067,000 | 92,189,852,000 | 92,304,831,000 | 91,666,076,000 | 91,548,984,000 | 91,607,503,000 | 91,222,295,000 | 87,263,018,000 | 79,092,783,000 | 71,359,324,000 | 70,567,078,000 | 69,248,845,000 | 68,786,185,000 | 59,291,749,000 | 57,072,838,000 | 55,991,088,000 | 55,709,430,000 | 31,858,839 | 31,169,950 | |||||
property rental revenues | 4,384,000 | 17,536,000 | 13,014,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition fees and development fees | 62,500 | 250,000 | 134,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property operating expenses | 1,711,500 | 6,846,000 | 5,880,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
general and administrative expense | 726,250 | 2,905,000 | 3,273,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on debt extinguishments | -2,572,000 | -951,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest—fidelity preferred return | -2,220,000 | -916,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest—operating partnership | -100,000 | 213,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
return earned on class b, c and e units | -366,250 | -1,465,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common shareholders | -17,678,000 | -8,020,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic loss per share | -1.15 | -0.53 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted loss per share | -1.15 | -0.53 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average basic shares outstanding | 15,282,725 | 15,241,832 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average diluted shares outstanding | 15,282,725 | 15,241,832 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total operating expenses | 12,428,000 |
The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.