XML 46 R34.htm IDEA: XBRL DOCUMENT

NONCONTROLLING INTERESTS (Tables)

3 Months Ended

Mar. 31, 2023

NONCONTROLLING INTERESTS

Schedule of noncontrolling interests in subsidiaries


				CubeSmart
		Number		Ownership		March 31, 2023
Consolidated Joint Ventures		of Stores		Interest		Total Assets			Total Liabilities			Related Party Loans ⁽¹⁾

						(in thousands)
1074 Raritan Road, LLC ("Clark")		1		90%		$	4,392		$	898		$	—
Astoria Investors, LLC ("Astoria")		1		70%			27,556			12,955			11,539
CS Lock Up Anoka, LLC ("Anoka")		1		50%			10,785			5,605			5,540
CS Valley Forge Village Storage, LLC ("VFV")		1		70%			20,461			15,087			15,018
CS Vienna, LLC ("Vienna")		1		80%			32,026			35,195			34,875
SH3, LLC ("SH3")		1		90%			37,723			492			—
		6				$	132,943		$	70,232		$	66,972

(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.