For the quarter ending 2026-03-31, NSA had $4,731K increase in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 27,681 | 36,781 | 29,016 | 50,477 |
| Depreciation and amortization | 46,140 | 46,707 | 46,885 | 95,728 |
| Amortization of debt issuance costs | 1,646 | 1,646 | 1,619 | 3,087 |
| Amortization of debt premium | -116 | -119 | -118 | -233 |
| Gain on sale of self storage properties | 6,458 | 5,297 | 0 | 10,996 |
| Other | - | 0 | 0 | - |
| Equity-based compensation expense | 2,420 | 2,865 | 3,112 | 6,217 |
| Equity in (earnings) losses of unconsolidated real estate ventures | 1,155 | 1,894 | 463 | -9,684 |
| Distributions from unconsolidated real estate ventures | 6,242 | 5,500 | 5,103 | 9,653 |
| Other assets | -5,246 | -402 | -2,230 | -4,993 |
| Accounts payable and accrued liabilities | 5,101 | -13,356 | 13,056 | -3,609 |
| Deferred revenue | 693 | -424 | -252 | 501 |
| Net cash provided by operating activities | 87,440 | 72,811 | 100,188 | 165,502 |
| Acquisition of self storage properties | 10,368 | 0 | 0 | 23,770 |
| Capital expenditures | 10,499 | 14,659 | 12,180 | 11,848 |
| Deposits and advances for self storage properties and other acquisitions | 489 | 50 | 0 | 122 |
| Expenditures for corporate furniture, equipment and other | 103 | 100 | 151 | 310 |
| Investment in unconsolidated real estate ventures | 575 | 0 | 8,346 | 4,503 |
| Acquisition of intangible assets from our former pros | - | 0 | 0 | - |
| Other | - | 0 | 0 | - |
| Net proceeds from sale of self storage properties | 20,596 | 23,830 | 5,962 | 66,102 |
| Net cash used in investing activities | -1,438 | 9,021 | -14,715 | 25,549 |
| Borrowings under debt financings | 158,500 | 149,000 | 172,800 | 314,000 |
| Redemption of op units | 9,757 | 4,672 | 3,137 | 125 |
| Repurchase of common shares | - | 0 | 0 | 0 |
| Principal payments under debt financings | 147,568 | 148,058 | 172,850 | 359,476 |
| Payment of dividends to common shareholders | 43,968 | 43,892 | 43,805 | 87,212 |
| Payment of dividends to preferred shareholders | 5,153 | 5,117 | 5,117 | 10,228 |
| Distributions to noncontrolling interests | 33,102 | 33,236 | 33,443 | 67,377 |
| Debt issuance costs | 159 | 85 | 0 | 2,858 |
| Equity offering costs | 64 | 0 | 0 | 583 |
| Net cash used in financing activities | -81,271 | -86,060 | -85,552 | -213,859 |
| Increase (decrease) in cash, cash equivalents and restricted cash | 4,731 | -4,228 | -79 | -22,808 |
| Beginning of period | 23,638 | 22,887 | 50,753 | - |
| End of period | 28,369 | -4,228 | 27,866 | - |
National Storage Affiliates Trust (NSA)
National Storage Affiliates Trust (NSA)