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NONCONTROLLING INTERESTS (Tables)

12 Months Ended

Dec. 31, 2022

Schedule of noncontrolling interests in subsidiaries


		CubeSmart
	Number	Ownership	December 31, 2022
Consolidated Joint Ventures	of Stores	Interest	Total Assets		Total Liabilities		Related Party Loans ⁽¹⁾

			(in thousands)
1074 Raritan Road, LLC ("Clark")	1	90%	$	3,500	$	5	$	—
Astoria Investors, LLC ("Astoria")	1	70%		24,763		10,161		9,238
CS 750 W Merrick Rd, LLC ("Merrick")	1	51%		37,140		17,142		—
CS Lock Up Anoka, LLC ("Anoka")	1	50%		10,934		5,581		5,540
CS Valley Forge Village Storage, LLC ("VFV")	1	70%		20,576		14,863		14,792
CS Vienna, LLC ("Vienna")	1	80%		32,400		35,085		34,875
SH3, LLC ("SH3")	1	90%		38,165		274		—
	7		$	167,478	$	83,111	$	64,445

(1)

Related party loans represent amounts payable from the joint venture to the Company and are included in total liabilities within the table above. The loans and related party interest have been eliminated for consolidation purposes.