2024 Q3 Form 10-Q Financial Statement

#000162828024034802 Filed on August 05, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $193.6M $190.4M
YoY Change -11.65% -11.63%
Cost Of Revenue $52.71M $52.20M
YoY Change -10.02% -8.57%
Gross Profit $140.9M $138.2M
YoY Change -12.24% -12.73%
Gross Profit Margin 72.78% 72.59%
Selling, General & Admin $65.83M $68.39M
YoY Change -10.68% -4.35%
% of Gross Profit 46.72% 49.47%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $47.66M $46.71M
YoY Change -14.59% -17.63%
% of Gross Profit 33.82% 33.79%
Operating Expenses $117.1M $118.5M
YoY Change -12.39% -9.85%
Operating Profit $23.78M $19.77M
YoY Change -11.49% -26.75%
Interest Expense -$44.29M -$41.68M
YoY Change -202.84% 10.16%
% of Operating Profit -186.24% -210.79%
Other Income/Expense, Net -$45.86M -$39.15M
YoY Change 10.5% -20075.51%
Pretax Income $30.63M $32.82M
YoY Change -30.36% -28.98%
Income Tax $863.0K $541.0K
% Of Pretax Income 2.82% 1.65%
Net Earnings $18.70M $17.06M
YoY Change -36.04% -29.83%
Net Earnings / Revenue 9.66% 8.96%
Basic Earnings Per Share $0.18 $0.16
Diluted Earnings Per Share $0.18 $0.16
COMMON SHARES
Basic Shares Outstanding 75.97M shares 74.96M shares
Diluted Shares Outstanding 75.76M shares 75.16M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $69.89M $58.98M
YoY Change 18.85% 33.97%
Cash & Equivalents $69.89M $58.98M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $9.602M $9.448M
Other Receivables $21.65M $19.64M
Total Short-Term Assets $101.1M $88.06M
YoY Change 8.28% 12.83%
LONG-TERM ASSETS
Property, Plant & Equipment $2.891M $2.641M
YoY Change 13.15% -99.95%
Goodwill $8.182M $8.182M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $257.4M $230.3M
YoY Change 19.63% 5.13%
Other Assets $23.20M $23.35M
YoY Change 26.76% 16.43%
Total Long-Term Assets $5.289B $5.233B
YoY Change -12.9% -13.98%
TOTAL ASSETS
Total Short-Term Assets $101.1M $88.06M
Total Long-Term Assets $5.289B $5.233B
Total Assets $5.390B $5.321B
YoY Change -12.58% -13.64%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $108.4M $93.04M
YoY Change -0.89% 6.94%
Accrued Expenses $23.49M $23.73M
YoY Change -6.4% -6.25%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $131.9M $116.8M
YoY Change -1.92% 3.96%
LONG-TERM LIABILITIES
Long-Term Debt $3.428B $3.366B
YoY Change -10.88% -7.52%
Other Long-Term Liabilities $28.55M $21.43M
YoY Change 5.75% -14.71%
Total Long-Term Liabilities $3.457B $3.387B
YoY Change -10.77% -7.57%
TOTAL LIABILITIES
Total Short-Term Liabilities $131.9M $116.8M
Total Long-Term Liabilities $3.457B $3.387B
Total Liabilities $3.589B $3.504B
YoY Change -10.47% -22.75%
SHAREHOLDERS EQUITY
Retained Earnings -$498.8M -$469.8M
YoY Change 6.44% 5.37%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $986.9M $1.191B
YoY Change
Total Liabilities & Shareholders Equity $5.390B $5.321B
YoY Change -12.58% -13.64%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $18.70M $17.06M
YoY Change -36.04% -29.83%
Depreciation, Depletion And Amortization $47.66M $46.71M
YoY Change -14.59% -17.63%
Cash From Operating Activities $105.7M $83.22M
YoY Change -18.31% -23.26%
INVESTING ACTIVITIES
Capital Expenditures $37.99M $28.91M
YoY Change 71.89% 63.8%
Acquisitions
YoY Change
Other Investing Activities -$35.76M $6.165M
YoY Change 11820.33% 2982.5%
Cash From Investing Activities -$73.75M -$22.75M
YoY Change 230.71% 30.34%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -20.57M -82.51M
YoY Change -78.07% -13.6%
NET CHANGE
Cash From Operating Activities 105.7M 83.22M
Cash From Investing Activities -73.75M -22.75M
Cash From Financing Activities -20.57M -82.51M
Net Change In Cash 11.39M -22.04M
YoY Change -14.39% 388.17%
FREE CASH FLOW
Cash From Operating Activities $105.7M $83.22M
Capital Expenditures $37.99M $28.91M
Free Cash Flow $67.72M $54.31M
YoY Change -36.89% -40.18%

Facts In Submission

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36149000 usd
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 usd
us-gaap Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
367000 usd
us-gaap Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
678000 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
16924000 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
616812000 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
0 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
544654000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-53622000 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
419000000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3539000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
11136000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
11921000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-2449000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
2729000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-1234000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
5979000 usd
nsa Increase Decrease In Deferred Revenue Leases And Contract With Customer
IncreaseDecreaseInDeferredRevenueLeasesAndContractWithCustomer
-6012000 usd
nsa Increase Decrease In Deferred Revenue Leases And Contract With Customer
IncreaseDecreaseInDeferredRevenueLeasesAndContractWithCustomer
1284000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
218185000 usd
us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
25063000 usd
us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
18087000 usd
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
9084000 usd
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
17933000 usd
us-gaap Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
1495000 usd
us-gaap Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
0 usd
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
36149000 usd
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 usd
us-gaap Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
367000 usd
us-gaap Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
678000 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
16924000 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
616812000 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
419000000 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
578815000 usd
nsa Payments For Repurchase Of Op Units
PaymentsForRepurchaseOfOPUnits
9504000 usd
nsa Payments For Repurchase Of Op Units
PaymentsForRepurchaseOfOPUnits
0 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
275195000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
69311000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
712964000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
85730000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
98206000 usd
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
10220000 usd
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
9364000 usd
us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
66640000 usd
us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
69969000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
700000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2095000 usd
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
572000 usd
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-742525000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-159441000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-20654000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
5122000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
87693000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
42199000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
67039000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
47321000 usd
us-gaap Interest Paid Net
InterestPaidNet
74895000 usd
us-gaap Interest Paid Net
InterestPaidNet
64536000 usd
nsa Issuance Of Op Units And Subordinated Performance Units
IssuanceOfOPUnitsAndSubordinatedPerformanceUnits
0 usd
nsa Issuance Of Op Units And Subordinated Performance Units
IssuanceOfOPUnitsAndSubordinatedPerformanceUnits
42834000 usd
nsa Issuance Of Series B Preferred Shares
IssuanceOfSeriesBPreferredShares
0 usd
nsa Issuance Of Series B Preferred Shares
IssuanceOfSeriesBPreferredShares
113274000 usd
us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
174000 usd
us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
119000 usd
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
578815000 usd
nsa Payments For Repurchase Of Op Units
PaymentsForRepurchaseOfOPUnits
9504000 usd
nsa Payments For Repurchase Of Op Units
PaymentsForRepurchaseOfOPUnits
0 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
275195000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
69311000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
712964000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
489311000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
85730000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
98206000 usd
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
10220000 usd
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
9364000 usd
us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
66640000 usd
us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
69969000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
700000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2095000 usd
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
572000 usd
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-742525000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-20654000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
5122000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
87693000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
42199000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
67039000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
47321000 usd
us-gaap Interest Paid Net
InterestPaidNet
74895000 usd
us-gaap Interest Paid Net
InterestPaidNet
64536000 usd
nsa Issuance Of Op Units And Subordinated Performance Units
IssuanceOfOPUnitsAndSubordinatedPerformanceUnits
0 usd
nsa Issuance Of Op Units And Subordinated Performance Units
IssuanceOfOPUnitsAndSubordinatedPerformanceUnits
42834000 usd
nsa Issuance Of Series B Preferred Shares
IssuanceOfSeriesBPreferredShares
0 usd
nsa Issuance Of Series B Preferred Shares
IssuanceOfSeriesBPreferredShares
113274000 usd
us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
174000 usd
us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
119000 usd
nsa Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Options Issued For Assumed Mortgage Reimbursements
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationOptionsIssuedForAssumedMortgageReimbursements
-433000 usd
nsa Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Options Issued For Assumed Mortgage Reimbursements
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationOptionsIssuedForAssumedMortgageReimbursements
750000 usd
CY2024Q2 nsa Self Storage Properties
SelfStorageProperties
478 property
CY2024Q2 nsa Self Storage Properties Remaining
SelfStoragePropertiesRemaining
333 property
CY2024Q2 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
1052 property
CY2024Q2 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
42 state
CY2024Q2 us-gaap Net Rentable Area
NetRentableArea
68800000 sqft
CY2024Q2 us-gaap Number Of Units In Real Estate Property
NumberOfUnitsInRealEstateProperty
542000 storage_unit
nsa Payments For Repurchase Of Op Units
PaymentsForRepurchaseOfOPUnits
0 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
275195000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
69311000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
712964000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
489311000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
85730000 usd
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
10220000 usd
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
9364000 usd
us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
66640000 usd
us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
69969000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
700000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2095000 usd
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-742525000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-159441000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
5122000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
87693000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
42199000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
67039000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
47321000 usd
us-gaap Interest Paid Net
InterestPaidNet
74895000 usd
us-gaap Interest Paid Net
InterestPaidNet
64536000 usd
nsa Issuance Of Op Units And Subordinated Performance Units
IssuanceOfOPUnitsAndSubordinatedPerformanceUnits
42834000 usd
nsa Issuance Of Series B Preferred Shares
IssuanceOfSeriesBPreferredShares
0 usd
nsa Issuance Of Series B Preferred Shares
IssuanceOfSeriesBPreferredShares
113274000 usd
us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
174000 usd
us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
119000 usd
nsa Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Options Issued For Assumed Mortgage Reimbursements
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationOptionsIssuedForAssumedMortgageReimbursements
-433000 usd
nsa Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Options Issued For Assumed Mortgage Reimbursements
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationOptionsIssuedForAssumedMortgageReimbursements
750000 usd
nsa Number Of Top Metropolitan Statistical Areas For Focus Of Operations
NumberOfTopMetropolitanStatisticalAreasForFocusOfOperations
100 metropolitan_statistical_area
CY2024Q2 nsa Self Storage Properties
SelfStorageProperties
478 property
CY2024Q2 nsa Self Storage Properties Remaining
SelfStoragePropertiesRemaining
333 property
CY2024Q2 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
1052 property
CY2024Q2 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
42 state
CY2024Q2 us-gaap Net Rentable Area
NetRentableArea
68800000 sqft
CY2024Q2 us-gaap Number Of Units In Real Estate Property
NumberOfUnitsInRealEstateProperty
542000 storage_unit
nsa Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Options Issued For Assumed Mortgage Reimbursements
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationOptionsIssuedForAssumedMortgageReimbursements
-433000 usd
nsa Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Options Issued For Assumed Mortgage Reimbursements
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationOptionsIssuedForAssumedMortgageReimbursements
750000 usd
nsa Number Of Top Metropolitan Statistical Areas For Focus Of Operations
NumberOfTopMetropolitanStatisticalAreasForFocusOfOperations
100 metropolitan_statistical_area
CY2024Q2 nsa Self Storage Properties
SelfStorageProperties
478 property
CY2024Q2 nsa Self Storage Properties Remaining
SelfStoragePropertiesRemaining
333 property
CY2024Q2 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
42 state
CY2024Q2 us-gaap Net Rentable Area
NetRentableArea
68800000 sqft
CY2024Q2 us-gaap Number Of Units In Real Estate Property
NumberOfUnitsInRealEstateProperty
542000 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.
nsa Property Management Fees Percent Of Monthly Gross Revenues And Net Sales Revenue Of Joint Venture Assets
PropertyManagementFeesPercentOfMonthlyGrossRevenuesAndNetSalesRevenueOfJointVentureAssets
0.04
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.
nsa Property Management Fees Percent Of Monthly Gross Revenues And Net Sales Revenue Of Joint Venture Assets
PropertyManagementFeesPercentOfMonthlyGrossRevenuesAndNetSalesRevenueOfJointVentureAssets
0.04
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.
nsa Property Management Fees Percent Of Monthly Gross Revenues And Net Sales Revenue Of Joint Venture Assets
PropertyManagementFeesPercentOfMonthlyGrossRevenuesAndNetSalesRevenueOfJointVentureAssets
0.04
us-gaap Use Of Estimates
UseOfEstimates
<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%">Use of Estimates</span></div>The 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 srt Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
400000000 usd
CY2023Q4 srt Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
275000000.0 usd
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
7400322 shares
nsa Stock Repurchased During Period Value Including Fees
StockRepurchasedDuringPeriodValueIncludingFees
-275200000 usd
us-gaap Use Of Estimates
UseOfEstimates
<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%">Use of Estimates</span></div>The 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.
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
7400322 shares
nsa Stock Repurchased During Period Value Including Fees
StockRepurchasedDuringPeriodValueIncludingFees
-275200000 usd
us-gaap Use Of Estimates
UseOfEstimates
<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%">Use of Estimates</span></div>The 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.
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
7400322 shares
nsa Stock Repurchased During Period Value Including Fees
StockRepurchasedDuringPeriodValueIncludingFees
-275200000 usd
nsa Asset Acquisition Assets Acquiredand Liabilities Assumed Net
AssetAcquisitionAssetsAcquiredandLiabilitiesAssumedNet
25200000 usd
us-gaap Asset Acquisition Consideration Transferred Transaction Cost
AssetAcquisitionConsiderationTransferredTransactionCost
100000 usd
CY2024Q2 nsa Number Of Assets Acquired
NumberOfAssetsAcquired
3 property
CY2024Q2 nsa Payments For Asset Acquisitions
PaymentsForAssetAcquisitions
25063000 usd
CY2024Q2 us-gaap Asset Acquisition Consideration Transferred Equity Interest Issued And Issuable
AssetAcquisitionConsiderationTransferredEquityInterestIssuedAndIssuable
0 usd
CY2024Q2 nsa Asset Acquisitions Liabilities And Other Consideration
AssetAcquisitionsLiabilitiesAndOtherConsideration
174000 usd
CY2024Q2 us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
25237000 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
63800000 usd
nsa Asset Acquisition Assets Acquiredand Liabilities Assumed Net
AssetAcquisitionAssetsAcquiredandLiabilitiesAssumedNet
25200000 usd
us-gaap Asset Acquisition Consideration Transferred Transaction Cost
AssetAcquisitionConsiderationTransferredTransactionCost
100000 usd
CY2024Q2 nsa Number Of Assets Acquired
NumberOfAssetsAcquired
3 property
CY2024Q2 nsa Payments For Asset Acquisitions
PaymentsForAssetAcquisitions
25063000 usd
CY2024Q2 us-gaap Asset Acquisition Consideration Transferred Equity Interest Issued And Issuable
AssetAcquisitionConsiderationTransferredEquityInterestIssuedAndIssuable
0 usd
CY2024Q2 nsa Asset Acquisitions Liabilities And Other Consideration
AssetAcquisitionsLiabilitiesAndOtherConsideration
174000 usd
CY2024Q2 us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
25237000 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
63800000 usd
CY2024Q2 us-gaap Accounts Receivable Net
AccountsReceivableNet
9448000 usd
CY2023Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
9842000 usd
CY2024Q2 us-gaap Earnest Money Deposits
EarnestMoneyDeposits
1495000 usd
CY2023Q4 us-gaap Earnest Money Deposits
EarnestMoneyDeposits
0 usd
CY2024Q2 us-gaap Derivative Assets
DerivativeAssets
34436000 usd
CY2023Q4 us-gaap Derivative Assets
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75160000 shares
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88312000 shares
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0.56
CY2024Q2 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
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21000000.0 usd
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0.56
CY2024Q2 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
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21000000.0 usd
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0.16
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EarningsPerShareBasic
0.16
CY2024Q2 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
21000000.0 usd

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