XML 50 R38.htm IDEA: XBRL DOCUMENT
v3.22.1

STORAGE PROPERTIES - Activity (Details) $ / shares in Units, $ in Thousands |  | 3 Months Ended | 12 Months Ended
--- | --- | --- | ---
Dec. 09, 2021 item facility $ / shares shares | Mar. 31, 2022 USD ($) facility | Dec. 31, 2021 USD ($) item facility $ / shares shares
2021 Acquisitions |  |  |
STORAGE FACILITIES |  |  |
Number of Facilities, acquisitions (in properties) |  |  | 66
Purchase Price | $ |  |  | $ 1,801,251
2021 Acquisitions | Minnesota Asset April 2021 |  |  |
STORAGE FACILITIES |  |  |
Number of Facilities, acquisitions (in properties) |  |  | 1
Purchase Price | $ |  |  | $ 12,000
2021 Acquisitions | Maryland Asset June 2021 |  |  |
STORAGE FACILITIES |  |  |
Number of Facilities, acquisitions (in properties) |  |  | 1
Purchase Price | $ |  |  | $ 22,075
2021 Acquisitions | New Jersey and Pennsylvania Assets July 2021 |  |  |
STORAGE FACILITIES |  |  |
Number of Facilities, acquisitions (in properties) |  |  | 2
Purchase Price | $ |  |  | $ 33,000
2021 Acquisitions | Florida Asset November 2021 |  |  |
STORAGE FACILITIES |  |  |
Number of Facilities, acquisitions (in properties) |  |  | 1
Purchase Price | $ |  |  | $ 14,750
2021 Acquisitions | Georgia Asset November 2021 |  |  |
STORAGE FACILITIES |  |  |
Number of Facilities, acquisitions (in properties) |  |  | 1
Purchase Price | $ |  |  | $ 15,200
2021 Acquisitions | Pennsylvania Asset November 2021 |  |  |
STORAGE FACILITIES |  |  |
Number of Facilities, acquisitions (in properties) |  |  | 1
Purchase Price | $ |  |  | $ 24,500
2021 Acquisitions | Nevada Asset December 2021 |  |  |
STORAGE FACILITIES |  |  |
Number of Facilities, acquisitions (in properties) |  |  | 1
Purchase Price | $ |  |  | $ 21,000
2021 Acquisitions | Storage West Assets December 2021 |  |  |
STORAGE FACILITIES |  |  |
Number of Facilities, acquisitions (in properties) |  |  | 57
Purchase Price | $ |  |  | $ 1,648,426
2021 Acquisitions | Illinois Asset December 2021 |  |  |
STORAGE FACILITIES |  |  |
Number of Facilities, acquisitions (in properties) |  |  | 1
Purchase Price | $ |  |  | $ 10,300
2021 Acquisitions | Acquisitions |  |  |
STORAGE FACILITIES |  |  |
Percentage of interest acquired |  | 50.00% |
2021 Acquisitions | Acquisitions | Minnesota Asset April 2021 |  |  |
STORAGE FACILITIES |  |  |
Percentage of interest acquired |  |  | 50.00%
2022 Acquisitions |  |  |
STORAGE FACILITIES |  |  |
Number of Facilities, acquisitions (in properties) |  | 1 |
Purchase Price | $ |  | $ 32,000 |
2022 Acquisitions | Maryland Asset February 2022 |  |  |
STORAGE FACILITIES |  |  |
Number of Facilities, acquisitions (in properties) |  | 1 |
Purchase Price | $ |  | $ 32,000 |
2021 Dispositions |  |  |
STORAGE FACILITIES |  |  |
Number of Facilities, dispositions (in properties) |  |  | 5
Sale Price | $ |  |  | $ 43,800
2021 Dispositions | Colorado and Nevada Assets September 2021 |  |  |
STORAGE FACILITIES |  |  |
Number of Facilities, dispositions (in properties) |  |  | 2
Sale Price | $ |  |  | $ 16,900
2021 Dispositions | North Carolina Assets September 2021 |  |  |
STORAGE FACILITIES |  |  |
Number of Facilities, dispositions (in properties) |  |  | 2
Purchase Price | $ |  |  | $ 21,700
2021 Dispositions | Texas Asset November 2021 |  |  |
STORAGE FACILITIES |  |  |
Number of Facilities, dispositions (in properties) |  |  | 1
Purchase Price | $ |  |  | $ 5,200
LAACO | 2021 Acquisitions |  |  |
STORAGE FACILITIES |  |  |
Number of Facilities, acquisitions (in properties) | 57 |  | 57
Outstanding partnership unit purchased (in shares) | shares | 167,557 |  | 167,557
Partnership units (dollars per share) | $ / shares | $ 9,838 |  | $ 9,838
Number of joint ventures | item | 2 |  | 2
LAACO | 2021 Acquisitions | Acquisitions |  |  |
STORAGE FACILITIES |  |  |
Ownership interest held by the entity (as a percent) | 50.00% |  |

X
- Definition The number of partnership units acquired from acquiree in asset acquisition. + References No definition available. + Details
Name: | cube_AssetAcquisitionPartnershipUnitsAcquired
Namespace Prefix: | cube_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Price of a single unit paid or offered to be paid in a asset acquisition. + References No definition available. + Details
Name: | cube_AssetAcquisitionUnitPrice
Namespace Prefix: | cube_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the number of real estate properties sold attributable to the disposal group, including a component of the entity (discontinued operation), during the reporting period. + References No definition available. + Details
Name: | cube_DisposalGroupIncludingDiscontinuedOperationsNumberOfRealEstatePropertiesSold
Namespace Prefix: | cube_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the information pertaining to number of joint ventures. + References No definition available. + Details
Name: | cube_NumberOfJointVentures
Namespace Prefix: | cube_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the number of real estate properties that were acquired. + References No definition available. + Details
Name: | cube_NumberOfRealEstatePropertiesAcquired
Namespace Prefix: | cube_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage of voting equity interests acquired at the acquisition date in the business combination. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
Name: | us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 13 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=123570139&loc=d3e3213-108585 + Details
Name: | us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The cash inflow from the sale of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 12 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=123570139&loc=d3e3179-108585 + Details
Name: | us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_RealEstatePropertiesLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage of the Variable Interest Entity's (VIE) voting interest owned by (or beneficial interest in) the reporting entity (directly or indirectly). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 5A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123419778&loc=SL6759159-111685 + Details
Name: | us-gaap_VariableInterestEntityOwnershipPercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_PropertyPlantAndEquipmentByTypeAxis=cube_RealEstateAcquisitions2021Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | cube_ScheduleOfRealEstateInvestmentPropertyAxis=cube_MinnesotaAssetApril2021Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | cube_ScheduleOfRealEstateInvestmentPropertyAxis=cube_MarylandAssetJune2021Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | cube_ScheduleOfRealEstateInvestmentPropertyAxis=cube_NewJerseyAndPennsylvaniaAssetsJuly2021Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | cube_ScheduleOfRealEstateInvestmentPropertyAxis=cube_FloridaAssetNovember2021Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | cube_ScheduleOfRealEstateInvestmentPropertyAxis=cube_GeorgiaAssetNovember2021Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | cube_ScheduleOfRealEstateInvestmentPropertyAxis=cube_PennsylvaniaAssetNovember2021Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | cube_ScheduleOfRealEstateInvestmentPropertyAxis=cube_NevadaAssetDecember2021Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | cube_ScheduleOfRealEstateInvestmentPropertyAxis=cube_StorageWestAssetsDecember2021Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | cube_ScheduleOfRealEstateInvestmentPropertyAxis=cube_IllinoisAssetDecember2021Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=us-gaap_SeriesOfIndividuallyImmaterialBusinessAcquisitionsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_PropertyPlantAndEquipmentByTypeAxis=cube_RealEstateAcquisitions2022Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | cube_ScheduleOfRealEstateInvestmentPropertyAxis=cube_MarylandAssetFebruary2022Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_PropertyPlantAndEquipmentByTypeAxis=cube_Dispositions2021Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | cube_ScheduleOfRealEstateInvestmentPropertyAxis=cube_ColoradoAndNevadaAssetsSeptember2021Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | cube_ScheduleOfRealEstateInvestmentPropertyAxis=cube_NorthCarolinaAssetsSeptember2021Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | cube_ScheduleOfRealEstateInvestmentPropertyAxis=cube_TexasAssetNovember2021Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AssetAcquisitionAxis=cube_LaacoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |