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CONSOLIDATED STATEMENTS OF CAPITAL (LP cube) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Sep. 30, 2021
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 $ 3,340     $ 6,300 $ 5,104  
Distributions paid to noncontrolling interest in subsidiaries (5,237) $ (61) (2,033) (31) (38) $ (69)
Adjustment for Operating Partnership interests of third parties 3,990 13,349 10,356 (14,764) (63,025) (32,102)
Net income (loss) 112,707 58,215 37,974 87,420 48,598 41,766
Other comprehensive income (loss), net 20 20 19 19 19 19
Balance of Noncontrolling Interests in the Operating Partnership 58,508          
Noncontrolling Interests in the Operating Partnership            
Increase (Decrease) in Partners' Capital            
Balance of Noncontrolling Interests in the Operating Partnership 62,393 75,991 108,220 337,417 278,649 249,414
Adjustment for Operating Partnership interests of third parties (3,990) (13,349) (10,356) 14,764 63,025 32,102
Net income (loss) 733 379 292 3,149 1,768 1,549
Other comprehensive income (loss), net     1 1 1 1
Balance of Noncontrolling Interests in the Operating Partnership 58,508 62,393 75,991 339,557 337,417 278,649
CubeSmart, L.P. and Subsidiaries            
Increase (Decrease) in Partners' Capital            
Balance 2,840,126 2,863,455 2,890,160 1,860,033 1,886,199 1,840,848
Balance of Noncontrolling Interests in the Operating Partnership     108,220      
Contributions from noncontrolling interests in subsidiaries 3,340     6,300 5,104  
Distributions paid to noncontrolling interest in subsidiaries (5,237) (61) (2,033) (31) (38) (69)
Issuance of common OP units 5,055 42 123 57,845 42,429 99,688
Issuance of restricted OP units   1        
Conversion from OP units to shares     21,538 13,393 3,549 1,913
Exercise of OP unit options 364   1,226 2,618 4,075 1,172
Amortization of restricted OP units 1,621 1,373 519 1,424 1,383 705
OP unit compensation expense 636 635 636 559 544 609
Adjustment for Operating Partnership interests of third parties 3,990 13,349 10,356 (14,764) (63,025) (32,102)
Net income (loss) 112,707 58,215 37,974 87,420 48,598 41,766
Other comprehensive income (loss), net 20 20 19 19 19 19
Common OP unit distributions (96,867) (96,819) (96,817) (69,315) (68,804) (68,350)
Balance 2,865,755 2,840,126 2,863,455 1,945,501 1,860,033 1,886,199
Balance of Noncontrolling Interests in the Operating Partnership 58,508          
CubeSmart, L.P. and Subsidiaries | Noncontrolling Interests in the Operating Partnership            
Increase (Decrease) in Partners' Capital            
Balance of Noncontrolling Interests in the Operating Partnership 62,393 75,991 108,220 337,417 278,649 249,414
Conversion from OP units to shares     (21,538) (13,393) (3,549) (1,913)
Adjustment for Operating Partnership interests of third parties (3,990) (13,349) (10,356) 14,764 63,025 32,102
Net income (loss) 733 379 292 3,149 1,768 1,549
Other comprehensive income (loss), net     1 1 1 1
Common OP unit distributions (628) (628) (628) (2,381) (2,477) (2,504)
Balance of Noncontrolling Interests in the Operating Partnership 58,508 62,393 75,991 339,557 337,417 278,649
CubeSmart, L.P. and Subsidiaries | Total Shareholders' Equity            
Increase (Decrease) in Partners' Capital            
Balance 2,823,947 2,847,072 2,871,563 1,846,524 1,877,602 1,832,216
Issuance of common OP units 5,055 42 123 57,845 42,429 99,688
Issuance of restricted OP units   1        
Conversion from OP units to shares     21,538 13,393 3,549 1,913
Exercise of OP unit options 364   1,226 2,618 4,075 1,172
Amortization of restricted OP units 1,621 1,373 519 1,424 1,383 705
OP unit compensation expense 636 635 636 559 544 609
Adjustment for Operating Partnership interests of third parties 3,990 13,349 10,356 (14,764) (63,025) (32,102)
Net income (loss) 112,888 58,358 38,155 87,650 48,752 41,732
Other comprehensive income (loss), net 20 20 19 19 19 19
Common OP unit distributions (96,867) (96,819) (96,817) (69,315) (68,804) (68,350)
Balance 2,851,654 2,823,947 2,847,072 1,925,953 1,846,524 1,877,602
CubeSmart, L.P. and Subsidiaries | Operating Partner            
Increase (Decrease) in Partners' Capital            
Balance $ 2,824,478 $ 2,847,623 $ 2,872,133 $ 1,847,118 $ 1,878,215 $ 1,832,848
Balance (in units) 224,453 224,434 223,918 201,769 200,422 197,406
Issuance of common OP units $ 5,055 $ 42 $ 123 $ 57,845 $ 42,429 $ 99,688
Issuance of common OP units (in units) 102     1,100 1,046 2,837
Issuance of restricted OP units   $ 1        
Issuance of restricted OP units (in units) 1 19 35 2 31 32
Conversion from OP units to shares     $ 21,538 $ 13,393 $ 3,549 $ 1,913
Conversion from OP units to shares (in units)     441 276 81 55
Exercise of OP unit options $ 364   $ 1,226 $ 2,618 $ 4,075 $ 1,172
Exercise of OP unit options (in units) 12   40 138 189 92
Amortization of restricted OP units $ 1,621 $ 1,373 $ 519 $ 1,424 $ 1,383 $ 705
OP unit compensation expense 636 635 636 559 544 609
Adjustment for Operating Partnership interests of third parties 3,990 13,349 10,356 (14,764) (63,025) (32,102)
Net income (loss) 112,888 58,358 38,155 87,650 48,752 41,732
Common OP unit distributions (96,867) (96,819) (96,817) (69,315) (68,804) (68,350)
Balance $ 2,852,165 $ 2,824,478 $ 2,847,623 $ 1,926,528 $ 1,847,118 $ 1,878,215
Balance (in units) 224,568 224,453 224,434 203,285 201,769 200,422
CubeSmart, L.P. and Subsidiaries | Accumulated Other Comprehensive Income (Loss)            
Increase (Decrease) in Partners' Capital            
Balance $ (531) $ (551) $ (570) $ (594) $ (613) $ (632)
Other comprehensive income (loss), net 20 20 19 19 19 19
Balance (511) (531) (551) (575) (594) (613)
CubeSmart, L.P. and Subsidiaries | Noncontrolling Interest in Subsidiaries            
Increase (Decrease) in Partners' Capital            
Balance 16,179 16,383 18,597 13,509 8,597 8,632
Contributions from noncontrolling interests in subsidiaries 3,340     6,300 5,104  
Distributions paid to noncontrolling interest in subsidiaries (5,237) (61) (2,033) (31) (38) (69)
Net income (loss) (181) (143) (181) (230) (154) 34
Balance $ 14,101 $ 16,179 $ 16,383 $ 19,548 $ 13,509 $ 8,597