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CONSOLIDATED STATEMENTS OF CAPITAL (LP cube) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2021
Mar. 31, 2021
Increase (Decrease) in Partners' Capital        
Balance of Noncontrolling Interests in the Operating Partnership   $ 108,220    
Contributions from noncontrolling interests in subsidiaries     $ 5,104  
Distributions paid to noncontrolling interest in subsidiaries $ (61) (2,033) (38) $ (69)
Adjustment for Operating Partnership interests of third parties 13,349 10,356 (63,025) (32,102)
Net income (loss) 58,215 37,974 48,598 41,766
Other comprehensive income (loss), net 20 19 19 19
Balance of Noncontrolling Interests in the Operating Partnership 62,393      
Noncontrolling Interests in the Operating Partnership        
Increase (Decrease) in Partners' Capital        
Balance of Noncontrolling Interests in the Operating Partnership 75,991 108,220 278,649 249,414
Adjustment for Operating Partnership interests of third parties (13,349) (10,356) 63,025 32,102
Net income (loss) 379 292 1,768 1,549
Other comprehensive income (loss), net   1 1 1
Balance of Noncontrolling Interests in the Operating Partnership 62,393 75,991 337,417 278,649
CubeSmart, L.P. and Subsidiaries        
Increase (Decrease) in Partners' Capital        
Balance 2,863,455 2,890,160 1,886,199 1,840,848
Balance of Noncontrolling Interests in the Operating Partnership   108,220    
Contributions from noncontrolling interests in subsidiaries     5,104  
Distributions paid to noncontrolling interest in subsidiaries (61) (2,033) (38) (69)
Issuance of common OP units     (42,429) (99,688)
Issuance of restricted OP units 1      
Issuance of common OP units (42) (123)    
Conversion from OP units to shares   21,538 3,549 1,913
Exercise of OP unit options   1,226 4,075 1,172
Amortization of restricted OP units 1,373 519 1,383 705
OP unit compensation expense 635 636 544 609
Adjustment for Operating Partnership interests of third parties 13,349 10,356 (63,025) (32,102)
Net income (loss) 58,215 37,974 48,598 41,766
Other comprehensive income (loss), net 20 19 19 19
Common OP unit distributions (96,819) (96,817) (68,804) (68,350)
Balance 2,840,126 2,863,455 1,860,033 1,886,199
Balance of Noncontrolling Interests in the Operating Partnership 62,393      
CubeSmart, L.P. and Subsidiaries | Noncontrolling Interests in the Operating Partnership        
Increase (Decrease) in Partners' Capital        
Balance of Noncontrolling Interests in the Operating Partnership 75,991 108,220 278,649 249,414
Conversion from OP units to shares   (21,538) (3,549) (1,913)
Adjustment for Operating Partnership interests of third parties (13,349) (10,356) 63,025 32,102
Net income (loss) 379 292 1,768 1,549
Other comprehensive income (loss), net   1 1 1
Common OP unit distributions (628) (628) (2,477) (2,504)
Balance of Noncontrolling Interests in the Operating Partnership 62,393 75,991 337,417 278,649
CubeSmart, L.P. and Subsidiaries | Total Shareholders' Equity        
Increase (Decrease) in Partners' Capital        
Balance 2,847,072 2,871,563 1,877,602 1,832,216
Issuance of common OP units     (42,429) (99,688)
Issuance of restricted OP units 1      
Issuance of common OP units (42) (123)    
Conversion from OP units to shares   21,538 3,549 1,913
Exercise of OP unit options   1,226 4,075 1,172
Amortization of restricted OP units 1,373 519 1,383 705
OP unit compensation expense 635 636 544 609
Adjustment for Operating Partnership interests of third parties 13,349 10,356 (63,025) (32,102)
Net income (loss) 58,358 38,155 48,752 41,732
Other comprehensive income (loss), net 20 19 19 19
Common OP unit distributions (96,819) (96,817) (68,804) (68,350)
Balance 2,823,947 2,847,072 1,846,524 1,877,602
CubeSmart, L.P. and Subsidiaries | Operating Partner        
Increase (Decrease) in Partners' Capital        
Balance $ 2,847,623 $ 2,872,133 $ 1,878,215 $ 1,832,848
Balance (in units) 224,434 223,918 200,422 197,406
Issuance of common OP units     $ (42,429) $ (99,688)
Issuance of common OP units (in units)     1,046 2,837
Issuance of restricted OP units $ 1      
Issuance of restricted OP units (in units) 19 35 31 32
Issuance of common OP units $ (42) $ (123)    
Conversion from OP units to shares   $ 21,538 $ 3,549 $ 1,913
Conversion from OP units to shares (in units)   441 81 55
Exercise of OP unit options   $ 1,226 $ 4,075 $ 1,172
Exercise of OP unit options (in units)   40 189 92
Amortization of restricted OP units 1,373 $ 519 $ 1,383 $ 705
OP unit compensation expense 635 636 544 609
Adjustment for Operating Partnership interests of third parties 13,349 10,356 (63,025) (32,102)
Net income (loss) 58,358 38,155 48,752 41,732
Common OP unit distributions (96,819) (96,817) (68,804) (68,350)
Balance $ 2,824,478 $ 2,847,623 $ 1,847,118 $ 1,878,215
Balance (in units) 224,453 224,434 201,769 200,422
CubeSmart, L.P. and Subsidiaries | Accumulated Other Comprehensive Income (Loss)        
Increase (Decrease) in Partners' Capital        
Balance $ (551) $ (570) $ (613) $ (632)
Other comprehensive income (loss), net 20 19 19 19
Balance (531) (551) (594) (613)
CubeSmart, L.P. and Subsidiaries | Noncontrolling Interest in Subsidiaries        
Increase (Decrease) in Partners' Capital        
Balance 16,383 18,597 8,597 8,632
Contributions from noncontrolling interests in subsidiaries     5,104  
Distributions paid to noncontrolling interest in subsidiaries (61) (2,033) (38) (69)
Net income (loss) (143) (181) (154) 34
Balance $ 16,179 $ 16,383 $ 13,509 $ 8,597