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CONSOLIDATED STATEMENTS OF CASH FLOWS (LP cube) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended 18 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Operating Activities          
Net loss $ 58,594 $ 50,366 $ 96,860 $ 93,681  
Adjustments to reconcile net income to cash provided by operating activities:          
Depreciation and amortization     163,519 109,996  
Non-cash portion of interest expense related to finance leases     (30) 199  
Equity in earnings of real estate ventures (680) (316) (974) (336)  
Equity compensation expense     4,505 4,043  
Accretion of fair market value adjustment of debt     (551) (1,120)  
Changes in other operating accounts:          
Other assets     (493) (11,935)  
Accounts payable and accrued expenses     18,602 19,439  
Other liabilities     2,866 3,391  
Net cash provided by operating activities     284,304 217,358  
Investing Activities          
Acquisitions of storage properties     (68,543) (31,516)  
Additions and improvements to storage properties     (17,612) (18,506)  
Development costs     (13,311) (33,054)  
Investment in real estate ventures     (10) (11,749)  
Cash distributed from real estate ventures     6,208 6,855  
Proceeds from sale of real estate, net     43,193    
Net cash used in investing activities     (50,075) (87,970)  
Proceeds from:          
Revolving credit facility     295,330 422,756  
Principal payments on:          
Revolving credit facility     (336,330) (515,956)  
Mortgage loans and notes payable     (1,204) (45,217)  
Cash paid upon vesting of restricted OP units     (1,342) (802)  
Contributions from noncontrolling interests in subsidiaries       1,731  
Distributions paid to noncontrolling interests in subsidiaries     (2,094) (107)  
Distributions paid to common OP unitholders     (193,419) (135,722)  
Net cash provided by financing activities     (239,443) (129,390)  
Change in cash, cash equivalents and restricted cash     (5,214) (2)  
Cash, cash equivalents and restricted cash at beginning of period     13,318 6,229 $ 6,229
Cash, cash equivalents and restricted cash at end of period 8,104 6,227 8,104 6,227 8,104
Supplemental Cash Flow and Noncash Information          
Cash paid for interest, net of interest capitalized     40,686 38,824  
Supplemental disclosure of noncash activities:          
Acquisitions of storage properties     (700)    
Accretion of put liability     1,833 4,889  
Derivative valuation adjustment     40 40  
Contributions from noncontrolling interests in subsidiaries       3,373  
CubeSmart, L.P. and Subsidiaries          
Operating Activities          
Net loss     96,860 93,681  
Adjustments to reconcile net income to cash provided by operating activities:          
Depreciation and amortization     163,519 109,996  
Non-cash portion of interest expense related to finance leases     (30) 199  
Equity in earnings of real estate ventures (680) (316) (974) (336)  
Equity compensation expense     4,505 4,043  
Accretion of fair market value adjustment of debt     (551) (1,120)  
Changes in other operating accounts:          
Other assets     (493) (11,935)  
Accounts payable and accrued expenses     18,602 19,439  
Other liabilities     2,866 3,391  
Net cash provided by operating activities     284,304 217,358  
Investing Activities          
Acquisitions of storage properties     (68,543) (31,516)  
Additions and improvements to storage properties     (17,612) (18,506)  
Development costs     (13,311) (33,054)  
Investment in real estate ventures     (10) (11,749)  
Cash distributed from real estate ventures     6,208 6,855  
Proceeds from sale of real estate, net     43,193    
Net cash used in investing activities     (50,075) (87,970)  
Proceeds from:          
Revolving credit facility     295,330 422,756  
Principal payments on:          
Revolving credit facility     (336,330) (515,956)  
Mortgage loans and notes payable     (1,204) (45,217)  
Proceeds from issuance of common OP units     (164) 142,117  
Cash paid upon vesting of restricted OP units     (1,342) (802)  
Exercise of OP unit options     1,226 5,247  
Contributions from noncontrolling interests in subsidiaries       1,731  
Distributions paid to noncontrolling interests in subsidiaries     (2,094) (107)  
Distributions paid to common OP unitholders     (194,865) (139,159)  
Net cash provided by financing activities     (239,443) (129,390)  
Change in cash, cash equivalents and restricted cash     (5,214) (2)  
Cash, cash equivalents and restricted cash at beginning of period     13,318 6,229 6,229
Cash, cash equivalents and restricted cash at end of period $ 8,104 $ 6,227 8,104 6,227 $ 8,104
Supplemental Cash Flow and Noncash Information          
Cash paid for interest, net of interest capitalized     40,686 38,824  
Supplemental disclosure of noncash activities:          
Acquisitions of storage properties     (700)    
Accretion of put liability     1,833 4,889  
Derivative valuation adjustment     $ 40 40  
Contributions from noncontrolling interests in subsidiaries       $ 3,373