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INVESTMENT IN UNCONSOLIDATED REAL ESTATE VENTURE (Details)
$ in Thousands
3 Months Ended 9 Months Ended 18 Months Ended
Aug. 30, 2022
USD ($)
facility
Oct. 05, 2021
USD ($)
facility
Sep. 30, 2022
USD ($)
facility
property
Sep. 30, 2021
USD ($)
Sep. 30, 2022
USD ($)
facility
property
Sep. 30, 2021
USD ($)
Jun. 30, 2022
USD ($)
Dec. 31, 2021
USD ($)
property
Dec. 09, 2021
facility
Investment in Unconsolidated Real Estate Venture                  
Investment in real estate entities     $ 107,755   $ 107,755     $ 119,751  
Acquisitions of storage facilities         89,004 $ 65,455      
Investment in real estate ventures         (16) (28,256)      
Credit facility, outstanding     86,000   86,000     209,900  
Principal amount of debt     2,800,000   2,800,000     2,800,000  
ASSETS                  
Storage facilities, net     6,077,431   6,077,431     6,097,670  
Total assets     6,371,170   6,371,170     6,548,079  
Equity                  
CubeSmart     2,851,654   2,851,654     2,871,563  
Joint venture partners     14,101   14,101     18,597  
Total liabilities and equity     6,371,170   6,371,170     6,548,079  
Total revenues     261,408 $ 212,564 748,637 600,652      
Gains from sales of real estate, net       28,815   28,815      
Net loss     113,440 90,569 210,300 184,250      
Company's share of net income (loss)     46,558 816 47,532 1,152      
HVP V                  
Investment in Unconsolidated Real Estate Venture                  
Amount of loan obtained     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                  
Number of assets sold | facility 14                
Net proceeds from sale of assets $ 150,100                
Aggregate amount of sale price of real estate property 235,000                
Investment in real estate ventures 49,900                
Amount of cash retained by venture     3,500   $ 3,500        
Equity                  
Gains from sales of real estate, net 114,100                
HVPSE | Term Loan Facility                  
Investment in Unconsolidated Real Estate Venture                  
Amount of debt repaid $ 81,600                
HVP IV | Secured Debt Due April 2025                  
Investment in Unconsolidated Real Estate Venture                  
Outstanding debt     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        
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        
Arizona | HVP IV                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | property     2   2        
New York | HVP V                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | facility     1   1        
Maryland | HVP IV                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | property     2   2        
Connecticut | HVP IV                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | property     3   3        
Connecticut | HHFNE                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | property     3   3        
Massachusetts | HHFNE                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | property     6   6        
Minnesota | HVP IV                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | property     1   1        
Rhode Island | HHFNE                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | property     2   2        
Vermont | HHFNE                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | property     2   2        
New Jersey | HVP V                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | facility     3   3        
Illinois | HVP IV                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | property     5   5        
Florida | HVP V                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | facility     2   2        
Florida | HVPSE                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | facility 2                
Florida | HVP IV                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | property     4   4        
Texas | HVP IV                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | property     8   8        
Texas | HHF                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | property     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        
South Carolina | HVPSE                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | facility 4                
Georgia | HVPSE                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | facility 8                
Georgia | HVP IV                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | property     2   2        
Pennsylvania | HVP IV                  
Investment in Unconsolidated Real Estate Venture                  
Number of storage facilities owned by investee | property     1   1        
Ventures                  
ASSETS                  
Storage facilities, net     $ 747,745   $ 747,745     850,250  
Other assets     17,362   17,362     34,760  
Total assets     765,107   765,107     885,010  
LIABILITIES AND CAPITAL                  
Debt     468,335   468,335     526,972  
Other liabilities     22,240   22,240     14,500  
Equity                  
CubeSmart     74,836   74,836     86,083  
Joint venture partners     199,696   199,696     257,455  
Total liabilities and equity     765,107   765,107     885,010  
Total revenues     26,915 24,273 78,511 64,337      
Operating expenses     (11,340) (10,368) (33,321) (28,464)      
Other (expenses) income     (137) (138) (375) (988)      
Interest expense, net     (4,225) (2,714) (11,678) (8,922)      
Depreciation and amortization     (9,124) (9,719) (29,052) (27,439)      
Gains from sales of real estate, net     114,107   114,107        
Net loss     116,196 1,334 118,192 (1,476)      
Ventures                  
Investment in Unconsolidated Real Estate Venture                  
Investment in real estate entities     $ 107,755   $ 107,755     $ 119,751  
Number of storage facilities owned by investee | property     77   77     90  
Equity                  
Company's share of net income (loss)     $ 46,558 $ 816 $ 47,532 $ 1,152      
Fontana                  
Investment in Unconsolidated Real Estate Venture                  
Investment in real estate entities     $ 13,929   $ 13,929     $ 14,225  
Ownership interest in partnership (as a percent)     50.00%   50.00%       50.00%
Equity method investment, difference between carrying amount and underlying equity     $ 13,200   $ 13,200        
Number of storage facilities owned by investee     1   1     1 1
RCSS                  
Investment in Unconsolidated Real Estate Venture                  
Investment in real estate entities     $ 21,159   $ 21,159     $ 21,536  
Ownership interest in partnership (as a percent)     50.00%   50.00%       50.00%
Equity method investment, difference between carrying amount and underlying equity     $ 19,700   $ 19,700        
Number of storage facilities owned by investee | property     1   1     1  
HVP V                  
Investment in Unconsolidated Real Estate Venture                  
Investment in real estate entities     $ 14,703   $ 14,703     $ 16,080  
Ownership interest in partnership (as a percent)     20.00%   20.00%        
Number of storage facilities owned by investee | property     6   6     5  
Acquisitions of storage facilities             $ 176,900    
Intangible value of the in-place leases     $ 2,200   $ 2,200        
Contribution To Real Estate Venture     $ 22,700   $ 22,700        
HVPSE                  
Investment in Unconsolidated Real Estate Venture                  
Investment in real estate entities               $ 4,541  
Ownership interest in partnership (as a percent)     10.00%   10.00%        
Number of storage facilities owned by investee | property               14  
HVP IV                  
Investment in Unconsolidated Real Estate Venture                  
Investment in real estate entities     $ 20,488   $ 20,488     $ 23,223  
Ownership interest in partnership (as a percent)     20.00%   20.00%        
Number of storage facilities owned by investee | property     28   28     28  
Contribution To Real Estate Venture     $ 32,000   $ 32,000        
HHFNE                  
Investment in Unconsolidated Real Estate Venture                  
Investment in real estate entities     $ 1,158   $ 1,158     $ 1,291  
Ownership interest in partnership (as a percent)     10.00%   10.00%        
Number of storage facilities owned by investee | property     13   13     13  
Contribution To Real Estate Venture     $ 3,800   $ 3,800        
HHF                  
Investment in Unconsolidated Real Estate Venture                  
Investment in real estate entities     $ 36,318   $ 36,318     $ 38,855  
Ownership interest in partnership (as a percent)     50.00%   50.00%        
Number of storage facilities owned by investee | property     28   28     28  
Interest on real estate venture debt     2.58%   2.58%