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NONCONTROLLING INTERESTS (Tables)

9 Months Ended

Sep. 30, 2023

Schedule of noncontrolling interests in subsidiaries


		CubeSmart	September 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%	$	8,547	$	2,335	$	—
350 Main Street, LLC ("Port Chester")	1	90%		5,311		64		—
Astoria Investors, LLC ("Astoria")	1	70%		38,105		23,507		18,603
CS Lock Up Anoka, LLC ("Anoka")	1	50%		10,466		5,581		5,540
CS Valley Forge Village Storage, LLC ("VFV")	1	70%		20,325		15,594		15,509
CS Vienna, LLC ("Vienna")	1	80%		31,050		35,238		34,875
SH3, LLC ("SH3")	1	90%		37,133		297		—
	7		$	150,937	$	82,616	$	74,527

(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.