v3.26.1
EARNINGS PER SHARE (Tables)
3 Months Ended
Mar. 31, 2026
Earnings Per Share [Abstract]  
Schedule of the Computation of Basic and Diluted Earnings Per Common Share
The following table sets forth the computation of basic and diluted earnings per common share for the three months ended March 31, 2026 and 2025 (dollars in thousands, except per share amounts):
Three Months Ended
March 31,
20262025
Earnings per common share - basic and diluted
Numerator
Net income$27,681 $19,519 
Net income attributable to noncontrolling interests
(9,901)(6,525)
Net income attributable to National Storage Affiliates Trust
17,780 12,994 
Distributions to preferred shareholders
(5,153)(5,114)
Distributed and undistributed earnings allocated to participating securities
(18)(15)
Net income attributable to common shareholders - basic and diluted
$12,609 $7,865 
Denominator
Weighted average shares outstanding - basic and diluted
77,093 76,372 
Earnings per share - basic and diluted$0.16 $0.10