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INVESTMENT IN UNCONSOLIDATED REAL ESTATE VENTURE (Details)
$ in Thousands
3 Months Ended 6 Months Ended 18 Months Ended
Oct. 05, 2021
USD ($)
facility
Mar. 19, 2020
USD ($)
Jun. 30, 2022
USD ($)
property
facility
Jun. 30, 2021
USD ($)
Jun. 30, 2022
USD ($)
property
facility
Jun. 30, 2021
USD ($)
Jun. 30, 2022
USD ($)
property
facility
Dec. 31, 2021
USD ($)
property
Dec. 09, 2021
facility
Investment in Unconsolidated Real Estate Venture                  
Investment in real estate entities     $ 114,527   $ 114,527   $ 114,527 $ 119,751  
Acquisitions of storage facilities         68,543 $ 31,516      
Credit facility, outstanding     168,900   168,900   168,900 209,900  
Principal amount of debt     2,800,000   2,800,000   2,800,000 2,800,000  
ASSETS                  
Storage facilities, net     6,093,416   6,093,416   6,093,416 6,097,670  
Total assets     6,428,799   6,428,799   6,428,799 6,548,079  
Equity                  
CubeSmart     2,823,947   2,823,947   2,823,947 2,871,563  
Joint venture partners     16,179   16,179   16,179 18,597  
Total liabilities and equity     6,428,799   6,428,799   6,428,799 6,548,079  
Total revenues     248,664 $ 199,247 487,229 388,088      
Net loss     58,594 50,366 96,860 93,681      
Company's share of net income (loss)     680 316 974 336      
HVP V                  
Investment in Unconsolidated Real Estate Venture                  
Amount of loan obtained     101,800   $ 101,800   101,800    
HVP V | SOFR                  
Investment in Unconsolidated Real Estate Venture                  
Interest rate (as percentage)         2.05%        
HVPSE                  
Investment in Unconsolidated Real Estate Venture                  
Acquisitions of storage facilities   $ 135,300              
Intangible value of the in-place leases   7,700              
Contribution To Real Estate Venture   5,600              
Interest rate (as percentage)         1.60%        
HVPSE | Term Loan Facility                  
Investment in Unconsolidated Real Estate Venture                  
Proceeds from debt   $ 81,600              
HVP IV | Secured Debt Due April 2025                  
Investment in Unconsolidated Real Estate Venture                  
Outstanding debt     221,600   $ 221,600   221,600    
HVP IV | LIBOR | Secured Debt Due April 2025                  
Investment in Unconsolidated Real Estate Venture                  
Interest rate (as percentage)         1.95%        
HHFNE                  
Investment in Unconsolidated Real Estate Venture                  
Outstanding debt     45,000   $ 45,000   45,000    
HHFNE | LIBOR                  
Investment in Unconsolidated Real Estate Venture                  
Interest rate (as percentage)         1.20%        
HHF                  
Investment in Unconsolidated Real Estate Venture                  
Net proceeds from sale of assets $ 85,000                
Equity                  
Gains from sales of real estate, net $ 46,900                
HHF | Secured loan 2.58% due on February 05, 2028                  
Investment in Unconsolidated Real Estate Venture                  
Amount of loan obtained     $ 105,000   $ 105,000   $ 105,000    
Arizona | HVP IV                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | property     2   2   2    
New York | HVP V                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | facility     1   1   1    
Maryland | HVP IV                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | property     2   2   2    
Connecticut | HVP IV                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | property     3   3   3    
Connecticut | HHFNE                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | property     3   3   3    
Massachusetts | HHFNE                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | property     6   6   6    
Minnesota | HVP IV                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | property     1   1   1    
Rhode Island | HHFNE                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | property     2   2   2    
Vermont | HHFNE                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | property     2   2   2    
New Jersey | HVP V                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | facility     3   3   3    
Illinois | HVP IV                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | property     5   5   5    
Florida | HVP V                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | facility     2   2   2    
Florida | HVPSE                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | facility     2   2   2    
Florida | HVP IV                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | property     4   4   4    
Texas | HVP IV                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | property     8   8   8    
Texas | HHF                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | property     27   27   27    
Number of assets sold | facility 7                
North Carolina | HHF                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | property     1   1   1    
South Carolina | HVPSE                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | facility     4   4   4    
Georgia | HVPSE                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | facility     8   8   8    
Georgia | HVP IV                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | property     2   2   2    
Pennsylvania | HVP IV                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | property     1   1   1    
Ventures                  
ASSETS                  
Storage facilities, net     $ 879,045   $ 879,045   $ 879,045 850,250  
Other assets     15,797   15,797   15,797 34,760  
Total assets     894,842   894,842   894,842 885,010  
LIABILITIES AND CAPITAL                  
Debt     549,189   549,189   549,189 526,972  
Other liabilities     21,913   21,913   21,913 14,500  
Equity                  
CubeSmart     81,392   81,392   81,392 86,083  
Joint venture partners     242,348   242,348   242,348 257,455  
Total liabilities and equity     894,842   894,842   894,842 885,010  
Total revenues     26,632 21,240 51,596 40,063      
Operating expenses     (11,238) (9,492) (21,981) (18,097)      
Other (expenses) income     (124) (854) (238) (851)      
Interest expense, net     (3,601) (2,673) (7,453) (6,208)      
Depreciation and amortization     (9,540) (9,008) (19,928) (17,720)      
Net loss     2,129 (787) 1,996 (2,813)      
Ventures                  
Investment in Unconsolidated Real Estate Venture                  
Investment in real estate entities     $ 114,527   $ 114,527   $ 114,527 $ 119,751  
Number of storage facilities owned by investee | property     91   91   91 90  
Equity                  
Company's share of net income (loss)     $ 680 $ 316 $ 974 $ 336      
Fontana                  
Investment in Unconsolidated Real Estate Venture                  
Investment in real estate entities     $ 14,038   $ 14,038   $ 14,038 $ 14,225  
Ownership interest in partnership (as a percent)     50.00%   50.00%   50.00%   50.00%
Equity method investment, difference between carrying amount and underlying equity     $ 13,300   $ 13,300   $ 13,300    
Number of storage facilities owned by investee     1   1   1 1 1
RCSS                  
Investment in Unconsolidated Real Estate Venture                  
Investment in real estate entities     $ 21,333   $ 21,333   $ 21,333 $ 21,536  
Ownership interest in partnership (as a percent)     50.00%   50.00%   50.00%   50.00%
Equity method investment, difference between carrying amount and underlying equity     $ 19,800   $ 19,800   $ 19,800    
Number of storage facilities owned by investee | property     1   1   1 1  
HVP V                  
Investment in Unconsolidated Real Estate Venture                  
Investment in real estate entities     $ 15,160   $ 15,160   $ 15,160 $ 16,080  
Ownership interest in partnership (as a percent)     20.00%   20.00%   20.00%    
Number of storage facilities owned by investee | property     6   6   6 5  
Acquisitions of storage facilities             $ 176,900    
Intangible value of the in-place leases     $ 2,200   $ 2,200   2,200    
Contribution To Real Estate Venture     22,700   22,700   22,700    
HVPSE                  
Investment in Unconsolidated Real Estate Venture                  
Investment in real estate entities     $ 4,418   $ 4,418   $ 4,418 $ 4,541  
Ownership interest in partnership (as a percent)     10.00%   10.00%   10.00%    
Number of storage facilities owned by investee | property     14   14   14 14  
HVP IV                  
Investment in Unconsolidated Real Estate Venture                  
Investment in real estate entities     $ 21,328   $ 21,328   $ 21,328 $ 23,223  
Ownership interest in partnership (as a percent)     20.00%   20.00%   20.00%    
Number of storage facilities owned by investee | property     28   28   28 28  
Contribution To Real Estate Venture     $ 32,000   $ 32,000   $ 32,000    
HHFNE                  
Investment in Unconsolidated Real Estate Venture                  
Investment in real estate entities     $ 1,202   $ 1,202   $ 1,202 $ 1,291  
Ownership interest in partnership (as a percent)     10.00%   10.00%   10.00%    
Number of storage facilities owned by investee | property     13   13   13 13  
Contribution To Real Estate Venture     $ 3,800   $ 3,800   $ 3,800    
HHF                  
Investment in Unconsolidated Real Estate Venture                  
Investment in real estate entities     $ 37,048   $ 37,048   $ 37,048 $ 38,855  
Ownership interest in partnership (as a percent)     50.00%   50.00%   50.00%    
Number of storage facilities owned by investee | property     28   28   28 28  
Interest on real estate venture debt     2.58%   2.58%   2.58%