NSA · As filed with the SEC
National Storage Affiliates Trust balance sheet, by quarter
The statement as National Storage Affiliates Trust presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONDENSED CONSOLIDATED BALANCE SHEETS · USD thousands
| USD thousands | Q1 2026 Mar 31, 2026 | Q4 2025 Dec 31, 2025 | Q3 2025 Sep 30, 2025 | Q2 2025 Jun 30, 2025 |
|---|---|---|---|---|
| ASSETS | ||||
| Real estate | ||||
| 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 |
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| 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 |
| Equity | ||||
| 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 March 31, 2026 and December 31, 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 March 31, 2026 and December 31, 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 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.