2023 Q4 Form 10-Q Financial Statement

#000162828023036384 Filed on November 02, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $215.4M $219.1M
YoY Change 3.21% 5.98%
Cost Of Revenue $58.58M
YoY Change 6.26%
Gross Profit $160.6M
YoY Change 5.89%
Gross Profit Margin 73.27%
Selling, General & Admin $71.78M $73.70M
YoY Change 4.5% 4.64%
% of Gross Profit 45.9%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $53.99M $55.80M
YoY Change -6.21% -6.42%
% of Gross Profit 34.75%
Operating Expenses $128.3M $133.7M
YoY Change 0.71% -1.99%
Operating Profit $26.87M
YoY Change 76.47%
Interest Expense -$43.36M $43.07M
YoY Change 33.5% 49.16%
% of Operating Profit 160.3%
Other Income/Expense, Net -$590.0K -$41.50M
YoY Change 67.61% 47.66%
Pretax Income $106.8M $43.99M
YoY Change 107.71% 4.11%
Income Tax -$1.265M $922.0K
% Of Pretax Income -1.18% 2.1%
Net Earnings $63.90M $29.24M
YoY Change 129.34% 31.63%
Net Earnings / Revenue 29.67% 13.34%
Basic Earnings Per Share $0.28
Diluted Earnings Per Share $0.45 $0.26
COMMON SHARES
Basic Shares Outstanding 83.08M shares 89.24M shares
Diluted Shares Outstanding 146.1M shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $64.98M $58.80M
YoY Change 84.02% 76.04%
Cash & Equivalents $64.98M $58.85M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $9.842M $13.40M
Other Receivables $22.53M $21.20M
Total Short-Term Assets $97.35M $93.40M
YoY Change 23.6% 58.43%
LONG-TERM ASSETS
Property, Plant & Equipment $2.659M $2.555M
YoY Change 73.34% 59.29%
Goodwill $8.182M $8.182M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $211.4M $215.2M
YoY Change -7.07% -7.14%
Other Assets $585.8M $18.30M
YoY Change 4190.0% 48.93%
Total Long-Term Assets $5.834B $6.072B
YoY Change -2.62% 1.12%
TOTAL ASSETS
Total Short-Term Assets $97.35M $93.40M
Total Long-Term Assets $5.834B $6.072B
Total Assets $5.932B $6.165B
YoY Change -2.28% 1.67%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $92.77M $109.4M
YoY Change 15.41% 18.31%
Accrued Expenses $24.20M $25.10M
YoY Change -6.01% 7.44%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $117.0M $134.5M
YoY Change 10.22% 16.12%
LONG-TERM LIABILITIES
Long-Term Debt $3.658B $3.847B
YoY Change 3.01% 10.3%
Other Long-Term Liabilities $30.80M $27.00M
YoY Change 30.0% 16.67%
Total Long-Term Liabilities $3.689B $3.874B
YoY Change 3.19% 10.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $117.0M $134.5M
Total Long-Term Liabilities $3.689B $3.874B
Total Liabilities $3.806B $4.008B
YoY Change 3.4% 10.53%
SHAREHOLDERS EQUITY
Retained Earnings -$449.9M -$468.6M
YoY Change 13.43% 24.97%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.422B $1.457B
YoY Change
Total Liabilities & Shareholders Equity $5.932B $6.165B
YoY Change -2.28% 1.67%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income $63.90M $29.24M
YoY Change 129.34% 31.63%
Depreciation, Depletion And Amortization $53.99M $55.80M
YoY Change -6.21% -6.42%
Cash From Operating Activities $93.99M $129.4M
YoY Change 0.1% 5.29%
INVESTING ACTIVITIES
Capital Expenditures $42.43M $22.10M
YoY Change 154.15% -106.75%
Acquisitions
YoY Change
Other Investing Activities $279.5M -$300.0K
YoY Change 4938.16% -43.82%
Cash From Investing Activities $237.0M -$22.30M
YoY Change -2226.69% -93.2%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -304.0M -93.80M
YoY Change 289.86% -145.32%
NET CHANGE
Cash From Operating Activities 93.99M 129.4M
Cash From Investing Activities 237.0M -22.30M
Cash From Financing Activities -304.0M -93.80M
Net Change In Cash 27.05M 13.30M
YoY Change 465.22% 639.71%
FREE CASH FLOW
Cash From Operating Activities $93.99M $129.4M
Capital Expenditures $42.43M $22.10M
Free Cash Flow $51.57M $107.3M
YoY Change -33.21% -76.18%

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CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Other Longterm Incentive Plans Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationOtherLongtermIncentivePlansRequisiteServicePeriodRecognition
1546000 usd
CY2022Q3 us-gaap Dividends Preferred Stock
DividendsPreferredStock
3382000 usd
CY2022Q3 us-gaap Dividends Common Stock
DividendsCommonStock
49973000 usd
CY2022Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
35005000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
26216000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
40177000 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2437043000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2389014000 usd
CY2023Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
113274000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
37257000 usd
CY2023Q1 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
750000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 usd
CY2023Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
69311000 usd
CY2023Q1 nsa Effect Of Changes In Ownership For Consolidated Entities
EffectOfChangesInOwnershipForConsolidatedEntities
0 usd
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Other Longterm Incentive Plans Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationOtherLongtermIncentivePlansRequisiteServicePeriodRecognition
1649000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 usd
CY2023Q1 nsa Stock Issued During Period Value Restricted Stock Award Vesting And Forfeited
StockIssuedDuringPeriodValueRestrictedStockAwardVestingAndForfeited
89000 usd
CY2023Q1 us-gaap Dividends Preferred Stock
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3962000 usd
CY2023Q1 us-gaap Dividends Common Stock
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48755000 usd
CY2023Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
34431000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-20714000 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
40392000 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2405074000 usd
CY2023Q2 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
5577000 usd
CY2023Q2 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 usd
CY2023Q2 nsa Effect Of Changes In Ownership For Consolidated Entities
EffectOfChangesInOwnershipForConsolidatedEntities
0 usd
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Other Longterm Incentive Plans Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationOtherLongtermIncentivePlansRequisiteServicePeriodRecognition
1677000 usd
CY2023Q2 nsa Stock Issued During Period Value Restricted Stock Award Vesting And Forfeited
StockIssuedDuringPeriodValueRestrictedStockAwardVestingAndForfeited
217000 usd
CY2023Q2 us-gaap Dividends Preferred Stock
DividendsPreferredStock
5402000 usd
CY2023Q2 us-gaap Dividends Common Stock
DividendsCommonStock
49451000 usd
CY2023Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
35456000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
17123000 usd
CY2023Q2 us-gaap Profit Loss
ProfitLoss
45476000 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2384401000 usd
CY2023Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
-92000 usd
CY2023Q3 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 usd
CY2023Q3 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
213437000 usd
CY2023Q3 nsa Effect Of Changes In Ownership For Consolidated Entities
EffectOfChangesInOwnershipForConsolidatedEntities
0 usd
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Other Longterm Incentive Plans Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationOtherLongtermIncentivePlansRequisiteServicePeriodRecognition
1702000 usd
CY2023Q3 nsa Stock Issued During Period Value Restricted Stock Award Vesting And Forfeited
StockIssuedDuringPeriodValueRestrictedStockAwardVestingAndForfeited
0 usd
CY2023Q3 us-gaap Dividends Preferred Stock
DividendsPreferredStock
5393000 usd
CY2023Q3 us-gaap Dividends Common Stock
DividendsCommonStock
46642000 usd
CY2023Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
34657000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
11415000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
43064000 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2156731000 usd
us-gaap Profit Loss
ProfitLoss
128932000 usd
us-gaap Profit Loss
ProfitLoss
133388000 usd
nsa Deprecation Depletion And Amortization Excluding Financing Costs And Discounts
DeprecationDepletionAndAmortizationExcludingFinancingCostsAndDiscounts
168005000 usd
nsa Deprecation Depletion And Amortization Excluding Financing Costs And Discounts
DeprecationDepletionAndAmortizationExcludingFinancingCostsAndDiscounts
175594000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4841000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3245000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-428000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-522000 usd
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0 usd
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
2134000 usd
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
969000 usd
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
992000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
5028000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
4670000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
5469000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
5590000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
17761000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
17126000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
3632000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
5644000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
28483000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
29419000 usd
nsa Increase Decrease In Deferred Revenue Leases And Contract With Customer
IncreaseDecreaseInDeferredRevenueLeasesAndContractWithCustomer
3092000 usd
nsa Increase Decrease In Deferred Revenue Leases And Contract With Customer
IncreaseDecreaseInDeferredRevenueLeasesAndContractWithCustomer
-601000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
347582000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
349943000 usd
us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
31753000 usd
us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
488735000 usd
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
25955000 usd
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
33902000 usd
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 usd
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
55044000 usd
us-gaap Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
241000 usd
us-gaap Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
750000 usd
us-gaap Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
1063000 usd
us-gaap Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
754000 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
16924000 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
0 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
6166000 usd
us-gaap Net Cash Provided By Used In Investing Activities
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-75936000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
799000000 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1402000000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
50093000 usd
us-gaap Repayments Of Long Term Debt
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853255000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
146149000 usd
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
10043000 usd
us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
104783000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
4290000 usd
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
772000 usd
us-gaap Net Cash Provided By Used In Financing Activities
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232615000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
9539000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
37414000 usd
us-gaap Interest Paid Net
InterestPaidNet
65424000 usd
nsa Issuance Of Op Units And Subordinated Performance Units
IssuanceOfOPUnitsAndSubordinatedPerformanceUnits
39975000 usd
nsa Issuance Of Series B Preferred Shares
IssuanceOfSeriesBPreferredShares
0 usd
nsa Deposits On Acquisitions Applied To Purchase Price
DepositsOnAcquisitionsAppliedToPurchasePrice
0 usd
nsa Deposits On Acquisitions Applied To Purchase Price
DepositsOnAcquisitionsAppliedToPurchasePrice
800000 usd
us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
197000 usd
us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
2734000 usd
nsa Number Of Top Metropolitan Statistical Areas For Focus Of Operations
NumberOfTopMetropolitanStatisticalAreasForFocusOfOperations
100 metropolitan_statistical_area
CY2023Q3 nsa Self Storage Properties
SelfStorageProperties
603 property
CY2023Q3 nsa Self Storage Properties Remaining
SelfStoragePropertiesRemaining
331 property
CY2023Q3 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
1119 property
CY2023Q3 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
42 state
CY2023Q3 us-gaap Net Rentable Area
NetRentableArea
73000000 sqft
CY2023Q3 nsa Number Of Storage Units
NumberOfStorageUnits
574000 storage_unit
us-gaap Revenue Recognition Leases
RevenueRecognitionLeases
<div style="margin-bottom:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Revenue Recognition</span></div><div style="margin-bottom:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Rental revenue</span></div>Rental revenue consists of space rentals and related fees. Management has determined that all of the Company's leases are operating leases. Substantially all leases may be terminated on a month-to-month basis and rental income is recognized ratably over the lease term using the straight-line method. Rents received in advance are deferred and recognized on a straight-line basis over the related lease term associated with the prepayment. Promotional discounts and other incentives are recognized as a reduction to rental income over the applicable lease term.
us-gaap Use Of Estimates
UseOfEstimates
Use of EstimatesThe preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
CY2019Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
400000000 usd
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
7983868 shares
nsa Stock Repurchased During Period Value Including Fees
StockRepurchasedDuringPeriodValueIncludingFees
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CY2022Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
27600000 usd
CY2022Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
400000000 usd
CY2023Q3 us-gaap Land
Land
1152156000 usd
CY2022Q4 us-gaap Land
Land
1111326000 usd
CY2023Q3 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
5453118000 usd
CY2022Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
5269383000 usd
CY2023Q3 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
11413000 usd
CY2022Q4 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
10863000 usd
CY2023Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
6616687000 usd
CY2022Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
6391572000 usd
CY2023Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
930885000 usd
CY2022Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
772661000 usd
CY2023Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
5685802000 usd
CY2022Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
5618911000 usd
CY2023Q3 us-gaap Depreciation Nonproduction
DepreciationNonproduction
53200000 usd
CY2022Q3 us-gaap Depreciation Nonproduction
DepreciationNonproduction
49800000 usd
us-gaap Depreciation Nonproduction
DepreciationNonproduction
158300000 usd
us-gaap Depreciation Nonproduction
DepreciationNonproduction
144300000 usd
nsa Number Of Annexes Acquired
NumberOfAnnexesAcquired
2 property
nsa Asset Acquisition Assets Acquiredand Liabilities Assumed Net
AssetAcquisitionAssetsAcquiredandLiabilitiesAssumedNet
204400000 usd
us-gaap Asset Acquisition Consideration Transferred Transaction Cost
AssetAcquisitionConsiderationTransferredTransactionCost
1300000 usd
CY2023Q1 nsa Number Of Assets Acquired
NumberOfAssetsAcquired
16 property
CY2023Q1 nsa Payments For Asset Acquisitions
PaymentsForAssetAcquisitions
9920000 usd
CY2023Q1 us-gaap Asset Acquisition Consideration Transferred Equity Interest Issued And Issuable
AssetAcquisitionConsiderationTransferredEquityInterestIssuedAndIssuable
150531000 usd
CY2023Q1 nsa Asset Acquisitions Liabilities And Other Consideration
AssetAcquisitionsLiabilitiesAndOtherConsideration
85000 usd
CY2023Q1 us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
160536000 usd
CY2023Q2 nsa Number Of Assets Acquired
NumberOfAssetsAcquired
0 property
CY2023Q2 nsa Payments For Asset Acquisitions
PaymentsForAssetAcquisitions
8167000 usd
CY2023Q2 us-gaap Asset Acquisition Consideration Transferred Equity Interest Issued And Issuable
AssetAcquisitionConsiderationTransferredEquityInterestIssuedAndIssuable
5577000 usd
CY2023Q2 nsa Asset Acquisitions Liabilities And Other Consideration
AssetAcquisitionsLiabilitiesAndOtherConsideration
34000 usd
CY2023Q2 us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
13778000 usd
CY2023Q3 nsa Number Of Assets Acquired
NumberOfAssetsAcquired
2 property
CY2023Q3 nsa Payments For Asset Acquisitions
PaymentsForAssetAcquisitions
13666000 usd
CY2023Q3 us-gaap Asset Acquisition Consideration Transferred Equity Interest Issued And Issuable
AssetAcquisitionConsiderationTransferredEquityInterestIssuedAndIssuable
16370000 usd
CY2023Q3 nsa Asset Acquisitions Liabilities And Other Consideration
AssetAcquisitionsLiabilitiesAndOtherConsideration
78000 usd
CY2023Q3 us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
30114000 usd
nsa Number Of Assets Acquired
NumberOfAssetsAcquired
18 property
nsa Payments For Asset Acquisitions
PaymentsForAssetAcquisitions
31753000 usd
us-gaap Asset Acquisition Consideration Transferred Equity Interest Issued And Issuable
AssetAcquisitionConsiderationTransferredEquityInterestIssuedAndIssuable
172478000 usd
nsa Asset Acquisitions Liabilities And Other Consideration
AssetAcquisitionsLiabilitiesAndOtherConsideration
197000 usd
us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
204428000 usd
CY2023Q2 nsa Number Of Annexes Acquired
NumberOfAnnexesAcquired
2 property
CY2023Q3 us-gaap Accounts Receivable Net
AccountsReceivableNet
13379000 usd
CY2022Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
13120000 usd
CY2023Q3 us-gaap Earnest Money Deposits
EarnestMoneyDeposits
241000 usd
CY2022Q4 us-gaap Earnest Money Deposits
EarnestMoneyDeposits
0 usd
CY2023Q3 us-gaap Derivative Assets
DerivativeAssets
60380000 usd
CY2022Q4 us-gaap Derivative Assets
DerivativeAssets
51466000 usd
CY2023Q3 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
13794000 usd
CY2022Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
26156000 usd
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2555000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1534000 usd
CY2023Q3 us-gaap Goodwill
Goodwill
8182000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
8182000 usd
CY2023Q3 us-gaap Other Assets
OtherAssets
171530000 usd
CY2022Q4 us-gaap Other Assets
OtherAssets
156228000 usd
CY2023Q3 nsa Debt Long Term And Short Term Combined Amounts Gross
DebtLongTermAndShortTermCombinedAmountsGross
3856785000 usd
CY2022Q4 nsa Debt Long Term And Short Term Combined Amounts Gross
DebtLongTermAndShortTermCombinedAmountsGross
3560570000 usd
CY2023Q3 nsa Deferred Finance Costs And Debt Premium
DeferredFinanceCostsAndDebtPremium
9809000 usd
CY2022Q4 nsa Deferred Finance Costs And Debt Premium
DeferredFinanceCostsAndDebtPremium
9391000 usd
CY2023Q3 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
3846976000 usd
CY2022Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
3551179000 usd
CY2023Q3 nsa Longterm Debt Maturities Repayments Of Principal Remainder Of Year Gross
LongtermDebtMaturitiesRepaymentsOfPrincipalRemainderOfYearGross
7028000 usd
CY2023Q3 nsa Longterm Debt Premium Amortization Repayments Of Principal Remainder Of Year
LongtermDebtPremiumAmortizationRepaymentsOfPrincipalRemainderOfYear
778000 usd
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
6250000 usd
CY2023Q3 nsa Long Term Debt Maturities Repayments Of Principal In Year One Gross
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearOneGross
296964000 usd
CY2023Q3 nsa Long Term Debt Premium Amortization Repayments Of Principal In Year One
LongTermDebtPremiumAmortizationRepaymentsOfPrincipalInYearOne
2906000 usd
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
294058000 usd
CY2023Q3 nsa Longterm Debt Maturities Repayments Of Principal In Year Two Gross
LongtermDebtMaturitiesRepaymentsOfPrincipalInYearTwoGross
327185000 usd
CY2023Q3 nsa Longterm Debt Premium Amortization Repayments Of Principal In Year Two
LongtermDebtPremiumAmortizationRepaymentsOfPrincipalInYearTwo
1854000 usd
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
325331000 usd
CY2023Q3 nsa Longterm Debt Maturities Repayments Of Principal In Year Three Gross
LongtermDebtMaturitiesRepaymentsOfPrincipalInYearThreeGross
312322000 usd
CY2023Q3 nsa Longterm Debt Premium Amortization Repayments Of Principal In Year Three
LongtermDebtPremiumAmortizationRepaymentsOfPrincipalInYearThree
1544000 usd
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
310778000 usd
CY2023Q3 nsa Longterm Debt Maturities Repayments Of Principal In Year Four Gross
LongtermDebtMaturitiesRepaymentsOfPrincipalInYearFourGross
1029369000 usd
CY2023Q3 nsa Longterm Debt Premium Amortization Repayments Of Principal In Year Four
LongtermDebtPremiumAmortizationRepaymentsOfPrincipalInYearFour
1040000 usd
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
1028329000 usd
CY2023Q3 nsa Longterm Debt Maturities Repayments Of Principal In Year Five Gross
LongtermDebtMaturitiesRepaymentsOfPrincipalInYearFiveGross
285624000 usd
CY2023Q3 nsa Longterm Debt Premium Amortization Repayments Of Principal In Year Five
LongtermDebtPremiumAmortizationRepaymentsOfPrincipalInYearFive
829000 usd
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
284795000 usd
CY2023Q3 nsa Long Term Debt Maturities Repayments Of Principal After Year Five Gross
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFiveGross
1598293000 usd
CY2023Q3 nsa Long Term Debt Premium Amortization Repayments Of Principal After Year Five
LongTermDebtPremiumAmortizationRepaymentsOfPrincipalAfterYearFive
858000 usd
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
1597435000 usd
CY2023Q3 nsa Debt Long Term And Short Term Combined Amounts Gross
DebtLongTermAndShortTermCombinedAmountsGross
3856785000 usd
CY2023Q3 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
9809000 usd
CY2023Q3 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
3846976000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
43064000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
40177000 usd
us-gaap Profit Loss
ProfitLoss
128932000 usd
us-gaap Profit Loss
ProfitLoss
133388000 usd
CY2023Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
13827000 usd
CY2022Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
17966000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
41290000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
60911000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
29237000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
22211000 usd
us-gaap Net Income Loss
NetIncomeLoss
87642000 usd
us-gaap Net Income Loss
NetIncomeLoss
72477000 usd
CY2023Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
5110000 usd
CY2022Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
3382000 usd
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
13908000 usd
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
10043000 usd
CY2023Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
13000 usd
CY2022Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
14000 usd
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
44000 usd
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
44000 usd
CY2023Q3 us-gaap Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
24114000 usd
CY2022Q3 us-gaap Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
18815000 usd
us-gaap Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
73690000 usd
us-gaap Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
62390000 usd
CY2023Q3 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
13396000 usd
CY2022Q3 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
0 usd
us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
40012000 usd
us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
0 usd
CY2023Q3 us-gaap Undistributed Earnings Loss Available To Common Shareholders Diluted
UndistributedEarningsLossAvailableToCommonShareholdersDiluted
37510000 usd
CY2022Q3 us-gaap Undistributed Earnings Loss Available To Common Shareholders Diluted
UndistributedEarningsLossAvailableToCommonShareholdersDiluted
18815000 usd
us-gaap Undistributed Earnings Loss Available To Common Shareholders Diluted
UndistributedEarningsLossAvailableToCommonShareholdersDiluted
113702000 usd
us-gaap Undistributed Earnings Loss Available To Common Shareholders Diluted
UndistributedEarningsLossAvailableToCommonShareholdersDiluted
62390000 usd
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
87004000 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
91471000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
88263000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
91446000 shares
CY2023Q3 nsa Incremental Common Shares Attributable To Dilutive Effect Of Op Units Outstanding
IncrementalCommonSharesAttributableToDilutiveEffectOfOPUnitsOutstanding
38030000 shares
CY2022Q3 nsa Incremental Common Shares Attributable To Dilutive Effect Of Op Units Outstanding
IncrementalCommonSharesAttributableToDilutiveEffectOfOPUnitsOutstanding
0 shares
nsa Incremental Common Shares Attributable To Dilutive Effect Of Op Units Outstanding
IncrementalCommonSharesAttributableToDilutiveEffectOfOPUnitsOutstanding
38505000 shares
nsa Incremental Common Shares Attributable To Dilutive Effect Of Op Units Outstanding
IncrementalCommonSharesAttributableToDilutiveEffectOfOPUnitsOutstanding
0 shares
CY2023Q3 nsa Incremental Common Shares Attributable To Dilutive Effect Of Down Reitop Unit Equivalents Outstanding
IncrementalCommonSharesAttributableToDilutiveEffectOfDownREITOPUnitEquivalentsOutstanding
2121000 shares
CY2022Q3 nsa Incremental Common Shares Attributable To Dilutive Effect Of Down Reitop Unit Equivalents Outstanding
IncrementalCommonSharesAttributableToDilutiveEffectOfDownREITOPUnitEquivalentsOutstanding
0 shares
nsa Incremental Common Shares Attributable To Dilutive Effect Of Down Reitop Unit Equivalents Outstanding
IncrementalCommonSharesAttributableToDilutiveEffectOfDownREITOPUnitEquivalentsOutstanding
2121000 shares
nsa Incremental Common Shares Attributable To Dilutive Effect Of Down Reitop Unit Equivalents Outstanding
IncrementalCommonSharesAttributableToDilutiveEffectOfDownREITOPUnitEquivalentsOutstanding
0 shares
CY2023Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
61000 shares
CY2022Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
54000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2023Q3 nsa Incremental Common Shares Attributable To Dilutive Effect Of Subordinated Performance Units And Down Reit Subordinated Performance Unit Equivalents
IncrementalCommonSharesAttributableToDilutiveEffectOfSubordinatedPerformanceUnitsAndDownREITSubordinatedPerformanceUnitEquivalents
18902000 shares
CY2022Q3 nsa Incremental Common Shares Attributable To Dilutive Effect Of Subordinated Performance Units And Down Reit Subordinated Performance Unit Equivalents
IncrementalCommonSharesAttributableToDilutiveEffectOfSubordinatedPerformanceUnitsAndDownREITSubordinatedPerformanceUnitEquivalents
0 shares
nsa Incremental Common Shares Attributable To Dilutive Effect Of Subordinated Performance Units And Down Reit Subordinated Performance Unit Equivalents
IncrementalCommonSharesAttributableToDilutiveEffectOfSubordinatedPerformanceUnitsAndDownREITSubordinatedPerformanceUnitEquivalents
18667000 shares
nsa Incremental Common Shares Attributable To Dilutive Effect Of Subordinated Performance Units And Down Reit Subordinated Performance Unit Equivalents
IncrementalCommonSharesAttributableToDilutiveEffectOfSubordinatedPerformanceUnitsAndDownREITSubordinatedPerformanceUnitEquivalents
0 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
146118000 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
91471000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
147610000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
91446000 shares
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.28
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.21
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.83
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.68
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.26
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.21
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.77
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.68
CY2023Q3 nsa Interest Rate Cash Flow Hedge Loss To Be Reclassified During Next12 Months
InterestRateCashFlowHedgeLossToBeReclassifiedDuringNext12Months
34600000 usd

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nsa-20230930_htm.xml Edgar Link completed
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