XML 64 R52.htm IDEA: XBRL DOCUMENT v3.23.1
EARNINGS PER SHARE AND UNIT AND SHAREHOLDERS' EQUITY AND CAPITAL - Earnings Per Share and Unit (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2022
Basic and diluted earnings per common share      
Net income $ 97,942 $ 38,266  
Noncontrolling interests in the Operating Partnership (614) (292)  
Noncontrolling interest in subsidiaries 238 181  
NET INCOME ATTRIBUTABLE TO THE COMPANY'S COMMON SHAREHOLDERS $ 97,566 $ 38,155  
Weighted average basic shares outstanding (in shares) 225,294,000 224,663,000  
Share options and restricted share units (in shares) 889,000 1,074,000  
Weighted-average diluted shares outstanding (in shares) 226,183,000 225,737,000  
Basic earnings per share attributable to common shareholders (in dollars per share) $ 0.43 $ 0.17  
Diluted earnings per share attributable to common shareholders (in dollars per share) $ 0.43 $ 0.17  
Basic and diluted earnings per common unit      
Noncontrolling interests in the Operating Partnership $ (614) $ (292)  
Weighted average basic shares outstanding (in shares) 225,294,000 224,663,000  
Share options and restricted share units (in shares) 889,000 1,074,000  
Weighted-average diluted shares outstanding (in shares) 226,183,000 225,737,000  
Diluted earnings per share attributable to common shareholders (in dollars per share) $ 0.43 $ 0.17  
Potentially dilutive shares not included in the earnings per share calculation as their effect is antidilutive (in shares) 700,000 300,000  
Common stock, cash dividends declared (in dollars per share) $ 0.49 $ 0.43  
OP units outstanding (in shares) 1,418,549 1,460,520 1,426,549
Common shares, shares outstanding 224,671,525 224,433,506 224,603,462
Operating Partnership [Member]      
Basic and diluted earnings per common unit      
Potentially dilutive shares not included in the earnings per share calculation as their effect is antidilutive (in shares) 1,400,000 1,700,000  
CubeSmart, L.P. and Subsidiaries      
Basic and diluted earnings per common share      
Net income $ 97,942 $ 38,266  
Noncontrolling interests in the Operating Partnership $ (614) $ (292)  
Weighted average basic shares outstanding (in shares) 225,294,000 224,663,000  
Share options and restricted share units (in shares) 889,000 1,074,000  
Weighted-average diluted shares outstanding (in shares) 226,183,000 225,737,000  
Diluted earnings per share attributable to common shareholders (in dollars per share) $ 0.43 $ 0.17  
Basic and diluted earnings per common unit      
Net Income $ 97,942 $ 38,266  
Noncontrolling interests in the Operating Partnership (614) (292)  
Noncontrolling interest in subsidiaries 238 181  
Net income attributable to common unitholders $ 97,566 $ 38,155  
Weighted average basic shares outstanding (in shares) 225,294,000 224,663,000  
Share options and restricted share units (in shares) 889,000 1,074,000  
Weighted-average diluted shares outstanding (in shares) 226,183,000 225,737,000  
Basic earnings per unit attributable to common unitholders (in dollars per share) $ 0.43 $ 0.17  
Diluted earnings per share attributable to common shareholders (in dollars per share) $ 0.43 $ 0.17