| Cash Flow | 2025-09-30 |
|---|---|
| Net income | 79,493 |
| Depreciation and amortization | 142,613 |
| Amortization of debt issuance costs | 4,706 |
| Amortization of debt premium | -351 |
| Gain on sale of self storage properties | 10,996 |
| Other | 0 |
| Equity-based compensation expense | 9,329 |
| Equity in losses of unconsolidated real estate ventures | -9,221 |
| Distributions from unconsolidated real estate ventures | 14,756 |
| Other assets | -7,223 |
| Accounts payable and accrued liabilities | 9,447 |
| Deferred revenue | 249 |
| Net cash provided by operating activities | 265,690 |
| Acquisition of self storage properties | 23,770 |
| Capital expenditures | 24,028 |
| Deposits and advances for self storage properties and other acquisitions | 122 |
| Expenditures for corporate furniture, equipment and other | 461 |
| Investment in unconsolidated real estate ventures | 12,849 |
| Acquisition of intangible assets from our former pros | 0 |
| Other | 0 |
| Net proceeds from sale of self storage properties | 72,064 |
| Net cash provided by investing activities | 10,834 |
| Borrowings under debt financings | 486,800 |
| Redemption of op units | 3,262 |
| Repurchase of common shares | 0 |
| Principal payments under debt financings | 532,326 |
| Payment of dividends to common shareholders | 131,017 |
| Payment of dividends to preferred shareholders | 15,345 |
| Distributions to noncontrolling interests | 100,820 |
| Debt issuance costs | 2,858 |
| Equity offering costs | 583 |
| Net cash used in financing activities | -299,411 |
| Decrease in cash, cash equivalents and restricted cash | -22,887 |
| Cash and cash equivalents at beginning of period | 50,753 |
| Cash and cash equivalents at end of period | 27,866 |
National Storage Affiliates Trust (NSA-PA)
National Storage Affiliates Trust (NSA-PA)