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34
Analysis of Market Trends
The following table sets forth selected market trends in our Same Store Facilities:
Same Store Facilities Operating
Trends b
y
Market
Year Ended December 31, Year Ended December 31,
2013 2012 Change 2012 2011 Change
(Amounts in thousands)
Revenues:
Los Angeles (177 facilities) $ 232,877 $ 221,310 5.2% $ 221,310 $ 212,288 4.2%
San Francisco (126 facilities) 145,029 136,821 6.0% 136,821 129,608 5.6%
New York (78 facilities) 111,695 104,290 7.1% 104,290 99,361 5.0%
Chicago (125 facilities) 106,284 101,340 4.9% 101,340 97,156 4.3%
Washington DC (72 facilities) 81,815 79,348 3.1% 79,348 76,793 3.3%
Seattle-Tacoma (85 facilities) 82,111 77,251 6.3% 77,251 74,109 4.2%
Miami (59 facilities) 70,408 66,955 5.2% 66,955 63,268 5.8%
Dallas-Ft. Worth (99 facilities) 68,177 64,127 6.3% 64,127 60,851 5.4%
Houston (80 facilities) 62,205 57,637 7.9% 57,637 54,592 5.6%
Atlanta (89 facilities) 59,573 57,382 3.8% 57,382 55,045 4.2%
Philadelphia (55 facilities) 44,783 43,532 2.9% 43,532 42,206 3.1%
Denver (47 facilities) 39,808 36,921 7.8% 36,921 34,107 8.3%
Minneapolis-St Paul
(41 facilities) 33,863 31,369 8.0% 31,369 29,797 5.3%
Portland (41 facilities) 30,077 28,625 5.1% 28,625 27,321 4.8%
Orlando-Daytona (45 facilities) 29,259 28,083 4.2% 28,083 27,049 3.8%
All other markets (730 facilities) 505,330 481,807 4.9% 481,807 460,992 4.5%
Total revenues $ 1,703,294 $ 1,616,798 5.3% $ 1,616,798 $ 1,544,543 4.7%
N
et operating income:
Los Angeles $ 185,930 $ 172,382 7.9% $ 172,382 $ 161,816 6.5%
San Francisco 113,509 104,514 8.6% 104,514 97,076 7.7%
New York 78,269 70,005 11.8% 70,005 65,917 6.2%
Chicago 62,378 59,892 4.2% 59,892 52,830 13.4%
Washington DC 62,444 59,901 4.2% 59,901 56,862 5.3%
Seattle-Tacoma 62,354 57,092 9.2% 57,092 54,244 5.3%
Miami 52,649 48,685 8.1% 48,685 44,977 8.2%
Dallas-Ft. Worth 46,498 41,924 10.9% 41,924 37,621 11.4%
Houston 40,853 37,367 9.3% 37,367 34,734 7.6%
Atlanta 42,171 39,055 8.0% 39,055 36,009 8.5%
Philadelphia 30,154 28,775 4.8% 28,775 26,732 7.6%
Denver 28,707 25,769 11.4% 25,769 22,521 14.4%
Minneapolis-St. Paul 21,979 19,920 10.3% 19,920 18,309 8.8%
Portland 22,457 20,750 8.2% 20,750 19,054 8.9%
Orlando-Daytona 20,155 18,980 6.2% 18,980 17,455 8.7%
All other markets 353,809 326,327 8.4% 326,327 301,817 8.1%
Total net operating income $ 1,224,316 $ 1,131,338 8.2% $ 1,131,338 $ 1,047,974 8.0%