XML 57 R34.htm IDEA: XBRL DOCUMENT

NONCONTROLLING INTERESTS (Tables)

6 Months Ended

Jun. 30, 2023

Schedule of noncontrolling interests in subsidiaries


		CubeSmart	June 30, 2023
	Number	Ownership	Total		Total		Related Party
Consolidated Joint Ventures	of Stores	Interest	Assets		Liabilities		Loans ⁽¹⁾

			(in thousands)
1074 Raritan Road, LLC ("Clark")	1	90%	$	5,966	$	1,302	$	—
350 Main Street, LLC ("Port Chester")	1	90%		5,352		104		—
Astoria Investors, LLC ("Astoria")	1	70%		32,536		17,937		14,375
CS Lock Up Anoka, LLC ("Anoka")	1	50%		10,611		5,576		5,540
CS Valley Forge Village Storage, LLC ("VFV")	1	70%		20,372		15,336		15,257
CS Vienna, LLC ("Vienna")	1	80%		31,648		35,288		34,875
SH3, LLC ("SH3")	1	90%		37,481		307		—
	7		$	143,966	$	75,850	$	70,047

(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 in consolidation.