XML 86 R68.htm IDEA: XBRL DOCUMENT v3.22.4
EARNINGS PER SHARE AND UNIT AND SHAREHOLDERS' EQUITY AND CAPITAL - Earnings Per Share and Unit (Details) - USD ($)
$ / shares in Units, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Basic and diluted earnings per common share      
Net income $ 292,472 $ 230,813 $ 167,611
Noncontrolling interests in the Operating Partnership (1,931) (7,873) (1,825)
Noncontrolling interest in subsidiaries 722 542 (165)
NET INCOME ATTRIBUTABLE TO THE COMPANY'S COMMON SHAREHOLDERS $ 291,263 $ 223,482 $ 165,621
Weighted average basic shares outstanding (in shares) 224,928,000 203,832,000 194,147,000
Share options and restricted share units (in shares) 953,000 1,177,000 796,000
Weighted-average diluted shares outstanding (in shares) 225,881,000 205,009,000 194,943,000
Basic earnings per share attributable to common shareholders (in dollars per share) $ 1.29 $ 1.10 $ 0.85
Diluted earnings per share attributable to common shareholders (in dollars per share) $ 1.29 $ 1.09 $ 0.85
Basic and diluted earnings per common unit      
Net Income $ 292,472 $ 230,813 $ 167,611
Noncontrolling interests in the Operating Partnership $ (1,931) $ (7,873) $ (1,825)
Weighted average basic shares outstanding (in shares) 224,928,000 203,832,000 194,147,000
Share options and restricted share units (in shares) 953,000 1,177,000 796,000
Weighted-average diluted shares outstanding (in shares) 225,881,000 205,009,000 194,943,000
Diluted earnings per share attributable to common shareholders (in dollars per share) $ 1.29 $ 1.09 $ 0.85
Potentially dilutive shares not included in the earnings per share calculation as their effect is antidilutive (in shares) 300,000 0 800,000
Common stock, cash dividends declared (in dollars per share) $ 1.78 $ 1.45 $ 1.33
OP units outstanding (in shares) 1,426,549 1,901,595 7,420,828
Common shares, shares outstanding 224,603,462 223,917,993 197,405,989
CubeSmart, L.P. and Subsidiaries      
Basic and diluted earnings per common share      
Net income $ 292,472 $ 230,813 $ 167,611
Noncontrolling interests in the Operating Partnership $ (1,931) $ (7,873) $ (1,825)
Weighted average basic shares outstanding (in shares) 224,928,000 203,832,000 194,147,000
Share options and restricted share units (in shares) 953,000 1,177,000 796,000
Weighted-average diluted shares outstanding (in shares) 225,881,000 205,009,000 194,943,000
Diluted earnings per share attributable to common shareholders (in dollars per share) $ 1.29 $ 1.09 $ 0.85
Basic and diluted earnings per common unit      
Net Income $ 292,472 $ 230,813 $ 167,611
Noncontrolling interests in the Operating Partnership (1,931) (7,873) (1,825)
Noncontrolling interest in subsidiaries 722 542 (165)
Net income attributable to common unitholders $ 291,263 $ 223,482 $ 165,621
Weighted average basic shares outstanding (in shares) 224,928,000 203,832,000 194,147,000
Share options and restricted share units (in shares) 953,000 1,177,000 796,000
Weighted-average diluted shares outstanding (in shares) 225,881,000 205,009,000 194,943,000
Basic earnings per unit attributable to common unitholders $ 1.29 $ 1.10 $ 0.85
Diluted earnings per share attributable to common shareholders (in dollars per share) $ 1.29 $ 1.09 $ 0.85
OP units outstanding (in shares) 1,426,549 1,901,595