Public Storage 2012 Annual Report Download - page 84

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PUBLIC STORAGE
STATEMENTS OF EQUITY
(Amounts in thousands, except share and per share amounts)
See accompanying notes.
F-5
Cumulative
Accumulated
Other
Total
Public Storage
Permanent
Preferred Common Paid-in Accumulated Comprehensive Shareholders’ Noncontrolling Total
Shares Shares Capital Deficit (Loss) Income Equity Interests Equity
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
Redemption of 10,950,000 preferred shares (Note 8) .................. (273,750) - 800 - - (272,950) - (272,950)
Issuance of 10,800,000 preferred shares (Note 8) ........................ 270,000 - (8,897) - - 261,103 - 261,103
Redemption 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 paid in lieu of
common shares (Note 10) .......................................................
-
-
7,918 -
-
7,918
-
7,918
Adjustments of redeemable noncontrolling interests 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 ...................................... - - - (933) - (933) - (933)
Permanent noncontrolling interests ......................................... - - - (22,743) - (22,743) 22,743 -
Distributions to equity holders:
Preferred shares (Note 8) ........................................................ - - - (232,745) - (232,745) - (232,745)
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 45,890,000 preferred shares (Note 8) .................. (1,147,256) - - - - (1,147,256) - (1,147,256)
Issuance of 34,500,000 preferred 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 .................................................................................. - - - 836,459 - 836,459 - 836,459