Public Storage 2010 Annual Report Download - page 87

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PUBLIC STORAGE
CONSOLIDATED STATEMENTS OF EQUITY
For each of the three years in the period ended December 31, 2010
(Amounts in thousands, except share and per share amounts)
See accompanying notes.
F-5
Cumulative
Accumulated
Other
Total
Public Storage
Equity of
Permanent
Noncontrolling
Preferred
Common
Paid-in
Accumulated
Comprehensive
Shareholders’
Interests in
Total
Shares
Shares
Capital
Deficit
Income (Loss)
Equity
Subsidiaries
Equity
Common shares ($2.20 per share).......................................
-
-
-
(370,404)
-
(370,404)
-
(370,404)
Other comprehensive income (Note 2) ....................................
-
-
-
-
16,929
16,929
-
16,929
Balances at December 31, 2009 .................................................
3,399,777
16,842
5,680,549
(153,759)
(15,002)
8,928,407
132,974
9,061,381
Repurchase of cumulative preferred shares (10,950,000
shares) (Note 8) ...................................................................
(273,750)
-
800
-
-
(272,950)
-
(272,950)
Issuance of cumulative preferred shares (10,800,000 shares)
(Note 8) ...............................................................................
270,000
-
(8,897)
-
-
261,103
-
261,103
Repurchase of preferred partnership units (Note 7) .................
-
-
(400)
-
-
(400)
(100,000)
(100,400)
Redemption of Equity Shares, Series A (8,377.193 shares)
(Note 8) ...............................................................................
-
-
(205,366)
-
-
(205,366)
-
(205,366)
Issuance of common shares in connection with share-based
compensation (847,280 shares) (Note 10) ...........................
-
85
41,223
-
-
41,308
-
41,308
Share-based compensation expense, net of cash
compensation in lieu of common shares (Note 10) .............
-
-
7,918
-
-
7,918
-
7,918
Adjustments of redeemable noncontrolling interests in
subsidiaries to liquidation value (Note 7) ............................
-
-
-
(319)
-
(319)
-
(319)
Net income ..............................................................................
-
-
-
696,114
-
696,114
-
696,114
Net income allocated to (Note 7):
Redeemable noncontrolling interests in subsidiaries ...........
-
-
-
(933)
-
(933)
-
(933)
Permanent noncontrolling equity interests ..........................
-
-
-
(22,743)
-
(22,743)
22,743
-
Distributions to equity holders:
Cumulative preferred shares (Note 8) .................................
-
-
-
(232,745)
-
(232,745)
-
(232,745)
Permanent noncontrolling interests in subsidiaries .............
-
-
-
-
-
-
(23,381)
(23,381)
Equity Shares, Series A ($0.6125 per depositary share) ......
-
-
-
(5,131)
-
(5,131)
-
(5,131)
Holders of unvested restricted share units ...........................
-
-
-
(1,589)
-
(1,589)
-
(1,589)
Common shares ($3.05 per share).......................................
-
-
-
(515,305)
-
(515,305)
-
(515,305)
Other comprehensive income (Note 2) ....................................
-
-
-
-
(771)
(771)
-
(771)
Balances at December 31, 2010 .................................................
$ 3,396,027
$ 16,927
$ 5,515,827
$ (236,410)
$ (15,773)
$ 8,676,598
$ 32,336
$ 8,708,934