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CONSOLIDATED STATEMENTS OF OPERATIONS (LP cube) - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
REVENUES      
Rental income $ 489,043 $ 449,601 $ 392,476
Other property related income 55,001 50,255 45,189
Property management fee income 14,899 10,183 6,856
Total revenues 558,943 510,039 444,521
OPERATING EXPENSES      
Property operating expenses 181,508 165,847 153,172
Depreciation and amortization 145,681 161,865 151,789
General and administrative 34,745 32,823 28,371
Acquisition related costs 1,294 6,552 3,301
Total operating expenses 363,228 367,087 336,633
OPERATING INCOME 195,715 142,952 107,888
Interest:      
Interest expense on loans (56,952) (50,399) (43,736)
Loan procurement amortization expense (2,638) (2,577) (2,324)
Equity in losses of real estate ventures (1,386) (2,662) (411)
Gain from sale of real estate, net     17,567
Other 872 1,062 (228)
Total other expense (60,104) (54,576) (29,132)
INCOME FROM CONTINUING OPERATIONS 135,611 88,376 78,756
NET INCOME 135,611 88,376 78,756
NET LOSS (INCOME) ATTRIBUTABLE TO NONCONTROLLING INTERESTS      
Noncontrolling interest in subsidiaries 270 470 (84)
Operating Partnership interests of third parties (1,593) (941) (960)
Distribution to preferred unitholders   (5,045) (6,008)
NET INCOME ATTRIBUTABLE TO THE COMPANY'S COMMON SHAREHOLDERS $ 134,288 $ 79,923 $ 71,704
Diluted - as reported (in dollars per share) $ 0.74 $ 0.45 $ 0.42
Weighted-average basic units outstanding (in units) 180,525 178,246 168,640
Weighted-average diluted units outstanding (in units) 181,448 179,533 170,191
CubeSmart, L.P. and Subsidiaries      
REVENUES      
Rental income $ 489,043 $ 449,601 $ 392,476
Other property related income 55,001 50,255 45,189
Property management fee income 14,899 10,183 6,856
Total revenues 558,943 510,039 444,521
OPERATING EXPENSES      
Property operating expenses 181,508 165,847 153,172
Depreciation and amortization 145,681 161,865 151,789
General and administrative 34,745 32,823 28,371
Acquisition related costs 1,294 6,552 3,301
Total operating expenses 363,228 367,087 336,633
OPERATING INCOME 195,715 142,952 107,888
Interest:      
Interest expense on loans (56,952) (50,399) (43,736)
Loan procurement amortization expense (2,638) (2,577) (2,324)
Equity in losses of real estate ventures (1,386) (2,662) (411)
Gain from sale of real estate, net     17,567
Other 872 1,062 (228)
Total other expense (60,104) (54,576) (29,132)
NET INCOME 135,611 88,376 78,756
NET LOSS (INCOME) ATTRIBUTABLE TO NONCONTROLLING INTERESTS      
Noncontrolling interest in subsidiaries 270 470 (84)
NET INCOME ATTRIBUTABLE TO CUBESMART L.P. 134,288 87,905 77,712
Operating Partnership interests of third parties (1,593) (941) (960)
NET INCOME ATTRIBUTABLE TO OPERATING PARTNER 135,881 88,846 78,672
Distribution to preferred unitholders   (5,045) (6,008)
Preferred unit redemption charge   (2,937)  
NET INCOME ATTRIBUTABLE TO THE COMPANY'S COMMON SHAREHOLDERS $ 134,288 $ 79,923 $ 71,704
Basic earnings per unit attributable to common unitholders $ 0.74 $ 0.45 $ 0.43
Diluted - as reported (in dollars per share) $ 0.74 $ 0.45 $ 0.42
Weighted-average basic units outstanding (in units) 180,525 178,246 168,640
Weighted-average diluted units outstanding (in units) 181,448 179,533 170,191