{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-007575","form_type":"8-K","ticker":"NSA","cik":"0001618563","company_name":"National Storage Affiliates Trust","filed_at":"2024-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.828165+00:00","generated_at":"2026-06-05T08:54:57.586571+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"NSA reports Q4 net income $108.1M; Core FFO per share down 4.2% YoY","bullets":["Net income $108.1M ($0.72 diluted EPS) vs $50.4M ($0.31) in Q4 2022; Core FFO $83.6M ($0.68/share), down 4.2% per share.","Same store NOI decreased 1.6% YoY; period-end occupancy 86.0%, down 410 bps from Dec 2022.","Acquired two wholly-owned self storage properties for ~$25M; issued $8.1M OP equity.","Issued $250M senior unsecured notes at 6.58% weighted avg rate (5.8yr maturity); repurchased 852,771 shares for $27.4M.","Entered agreement to sell 71 wholly-owned properties for ~$540M; formed two JVs (75%/25%) with Heitman and state pension fund."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-007575","json":"https://secwatch.observer/filing/0001628280-24-007575.json","markdown":"https://secwatch.observer/filing/0001628280-24-007575.md","text":"https://secwatch.observer/filing/0001628280-24-007575.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1618563/000162828024007575/0001628280-24-007575-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1618563/000162828024007575/nsa-20240228.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T08:54:57.586571+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"50752297d9ac11ea556f6ad702f44437bee8933a","claim":"National Storage Affiliates Trust reported the quarter ended December 31, 2023 results: net income $108.1 million, EPS $0.72.","evidence_excerpt":"Reported net income of $108.1 million for the fourth quarter of 2023, an increase of 114.5% compared to the fourth quarter of 2022. Reported diluted earnings per share of $0.72 for the fourth quarter of 2023 compared to $0.31 for the fourth quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1618563/000162828024007575/0001628280-24-007575-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended December 31, 2023"},{"label":"Net income","value":"$108.1 million"},{"label":"EPS","value":"$0.72"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"cd3dddc5c36dcc80820f9e9152d3223356bb40aa","claim":"National Storage Affiliates Trust reported full year 2023 results: net income $237.0 million, EPS $1.48.","evidence_excerpt":"Reported net income of $237.0 million for full year 2023, an increase of 29.0% compared to full year 2022. Reported diluted earnings per share of $1.48 for full year 2023 compared to $0.99 for full year 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1618563/000162828024007575/0001628280-24-007575-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year 2023"},{"label":"Net income","value":"$237.0 million"},{"label":"EPS","value":"$1.48"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}