Public Storage 2011 Annual Report Download - page 86

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PUBLIC STORAGE
STATEMENTS OF EQUITY
For each of the three years in the period ended December 31, 2011
(Amounts in thousands, except share and per share amounts)
(Continued)
See accompanying notes.
F-6
Cumulative
Accumulated
Other
Total
Public Storage
Equity of
Permanent
Preferred
Common
Paid-in
Accumulated
Comprehensive
Shareholders’
Noncontrolling
Total
Shares
Shares
Capital
Deficit
(Loss) Income
Equity
Interests
Equity
Permanent noncontrolling interests .........................................
-
-
-
-
-
-
(23,381)
(23,381)
Equity Shares, Series A ($0.6125 per depositary share) ..........
-
-
-
(5,131)
-
(5,131)
-
(5,131)
Common shares and restricted share units ($3.05 per share) ...
-
-
-
(516,894)
-
(516,894)
-
(516,894)
Other comprehensive loss (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
Redemption of cumulative preferred shares (45,890,000
shares) (Note 8) .......................................................................
(1,147,256)
-
-
-
-
(1,147,256)
-
(1,147,256)
Issuance of cumulative preferred shares (34,500,000 shares)
(Note 8) ...................................................................................
862,500
-
(26,873)
-
-
835,627
-
835,627
Issuance of common shares in connection with share-based
compensation (508,058 shares) (Note 10) ...............................
-
49
26,367
-
-
26,416
-
26,416
Issuance of common shares in connection with acquisition of
noncontrolling interests (477,928 shares) (Note 7) .................
-
48
57,060
-
-
57,108
-
57,108
Share-based compensation expense, net of cash paid in lieu of
common shares (Note 10) .......................................................
-
-
19,445
-
-
19,445
-
19,445
Adjustments of redeemable noncontrolling interests to
liquidation value (Note 7) .......................................................
-
-
-
(764)
-
(764)
-
(764)
Increase (decrease) in permanent noncontrolling interests in
connection with:
Consolidation of partially-owned entities (Note 4) .................
-
-
-
-
-
-
17,663
17,663
Acquisition of interests in Subsidiaries (Note 7) .....................
-
-
(149,320)
-
-
(149,320)
(26,206)
(175,526)
Net income of the Company ........................................................
-
-
-
836,459
-
836,459
-
836,459
Net income allocated to (Note 7):
Redeemable noncontrolling interests ......................................
-
-
-
(938)
-
(938)
-
(938)
Permanent noncontrolling interests .........................................
-
-
-
(11,679)
-
(11,679)
11,679
-
Distributions to equity holders:
Cumulative preferred shares (Note 8) .....................................
-
-
-
(224,877)
-
(224,877)
-
(224,877)
Permanent noncontrolling interests .........................................
-
-
-
-
-
-
(12,754)
(12,754)
Common shares and restricted share units ($3.65 per share) ...
-
-
-
(621,369)
-
(621,369)
-
(621,369)
Other comprehensive loss (Note 2)..............................................
-
-
-
-
(7,241)
(7,241)
-
(7,241)
Balances at December 31, 2011 .................................................
$ 3,111,271
$ 17,024
$ 5,442,506
$ (259,578)
$ (23,014)
$ 8,288,209
$ 22,718
$ 8,310,927