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CONSOLIDATED BALANCE SHEETS (LP cube) - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
ASSETS    
Storage properties $ 7,367,613 $ 7,295,778
Less: Accumulated depreciation (1,416,377) (1,247,775)
Storage properties, net 5,951,236 6,048,003
Cash and cash equivalents 6,526 6,064
Restricted cash 1,691 2,861
Loan procurement costs, net of amortization 3,995 5,182
Investment in real estate ventures, at equity 98,288 105,993
Assets held for sale   3,745
Other assets, net 163,284 153,982
Total assets 6,225,020 6,325,830
LIABILITIES AND CAPITAL    
Unsecured senior notes, net 2,776,490 2,772,350
Revolving credit facility 18,100 60,900
Mortgage loans and notes payable, net 128,186 162,918
Lease liabilities - finance leases 65,714 65,758
Accounts payable, accrued expenses and other liabilities 201,419 214,384
Distributions payable 115,820 111,190
Deferred revenue 38,483 38,757
Liabilities held for sale   1,773
Total liabilities 3,344,212 3,428,030
Limited Partnership interests of third parties 60,276 57,419
Commitments and contingencies
Capital    
Accumulated other comprehensive loss (411) (491)
Total liabilities and equity 6,225,020 6,325,830
CubeSmart, L.P. and Subsidiaries    
ASSETS    
Storage properties 7,367,613 7,295,778
Less: Accumulated depreciation (1,416,377) (1,247,775)
Storage properties, net 5,951,236 6,048,003
Cash and cash equivalents 6,526 6,064
Restricted cash 1,691 2,861
Loan procurement costs, net of amortization 3,995 5,182
Investment in real estate ventures, at equity 98,288 105,993
Assets held for sale   3,745
Other assets, net 163,284 153,982
Total assets 6,225,020 6,325,830
LIABILITIES AND CAPITAL    
Unsecured senior notes, net 2,776,490 2,772,350
Revolving credit facility 18,100 60,900
Mortgage loans and notes payable, net 128,186 162,918
Lease liabilities - finance leases 65,714 65,758
Accounts payable, accrued expenses and other liabilities 201,419 214,384
Distributions payable 115,820 111,190
Deferred revenue 38,483 38,757
Liabilities held for sale   1,773
Total liabilities 3,344,212 3,428,030
Limited Partnership interests of third parties 60,276 57,419
Capital    
General Partner 2,799,239 2,826,694
Accumulated other comprehensive loss (411) (491)
Total CubeSmart, L.P. capital 2,798,828 2,826,203
Noncontrolling interests in subsidiaries 21,704 14,178
Total capital 2,820,532 2,840,381
Total liabilities and equity $ 6,225,020 $ 6,325,830