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Balance Sheets Overview

Debt to Asset Ratio
70.70%
Unit: Thousand (K) dollars
Assets Breakdown
    • Less accumulated depreciation
    • Investment in unconsolidated rea...
    • Cash and cash equivalents
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Distributions in excess of earni...
    • Noncontrolling interests
    • Others
Balance Sheets
2026-03-31
2025-12-31
2025-09-30
2025-06-30
Self storage properties
5,832,905
5,814,854
5,841,786
5,826,852
Less accumulated depreciation
1,256,764
1,213,537
1,175,690
1,131,235
Self storage properties, net
4,576,141
4,601,317
4,666,096
4,695,617
Cash and cash equivalents
27,648
23,328
26,295
26,121
Restricted cash
721
310
1,571
1,824
Debt issuance costs, net
2,161
2,890
3,533
4,244
Investment in unconsolidated real estate ventures
227,267
231,779
235,385
231,360
Other assets, net
178,470
185,403
189,055
195,453
Assets held for sale, net
1,086
14,519
-
6,000
Operating lease right-of-use assets
20,264
20,569
20,367
20,666
Total assets
5,033,758
5,080,115
5,142,302
5,181,285
Debt financing
3,416,836
3,405,102
3,403,399
3,402,659
Accounts payable and accrued liabilities
97,724
94,627
109,632
93,613
Interest rate swap liabilities
1,134
4,052
4,481
4,041
Operating lease liabilities
22,320
22,620
22,394
22,683
Deferred revenue
20,655
19,931
20,355
20,607
Total liabilities
3,558,669
3,546,332
3,560,261
3,543,603
Preferred shares of beneficial interest, par value 0.01 per share. 50,000,000 authorized, 14,801,345 and 14,704,845 issued (in series) and outstanding at march31, 2026 and december31, 2025, respectively, at liquidation preference
343,542
341,130
341,130
340,955
Common shares of beneficial interest, par value 0.01 per share. 250,000,000 authorized, 77,137,402 and 77,089,734 shares issued and outstanding at march31, 2026 and december31, 2025, respectively
771
771
769
765
Additional paid-in capital
1,245,845
1,251,961
1,252,488
1,249,996
Distributions in excess of earnings
-683,581
-652,240
-626,122
-595,627
Accumulated other comprehensive income
6,184
4,416
4,860
5,993
Total shareholders' equity
912,761
946,038
973,125
1,002,082
Noncontrolling interests
562,328
587,745
608,916
635,600
Total equity
1,475,089
1,533,783
1,582,041
1,637,682
Total liabilities and equity
5,033,758
5,080,115
5,142,302
5,181,285
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Self storageproperties$5,832,905K Self storageproperties, net$4,576,141K Investment inunconsolidated real estate...$227,267K Other assets, net$178,470K Cash and cashequivalents$27,648K Operating leaseright-of-use assets$20,264K Debt issuance costs,net$2,161K Assets held for sale,net$1,086K Restricted cash$721K Less accumulateddepreciation$1,256,764K Total assets$5,033,758K Total liabilities andequity$5,033,758K Total liabilities$3,558,669K Total equity$1,475,089K Debt financing$3,416,836K Accounts payable andaccrued liabilities$97,724K Operating leaseliabilities$22,320K Deferred revenue$20,655K Interest rate swapliabilities$1,134K Total shareholders'equity$912,761K Noncontrolling interests$562,328K Distributions in excess ofearnings-$683,581K Additional paid-in capital$1,245,845K Preferred shares ofbeneficial interest, par...$343,542K Accumulated othercomprehensive income$6,184K Common shares ofbeneficial interest, par...$771K

National Storage Affiliates Trust (NSA)

National Storage Affiliates Trust (NSA)