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CONSOLIDATED STATEMENTS OF CAPITAL (LP cube) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Increase (Decrease) in Partners' Capital    
Balance of Noncontrolling Interests in the Operating Partnership $ 60,276  
Contributions from noncontrolling interests in subsidiaries 309  
Distributions paid to noncontrolling interest in subsidiaries (125) $ (107)
Adjustment for Operating Partnership interests of third parties 1,346 (8,588)
Net income (loss) 94,317 97,328
Other comprehensive income (loss), net 20 20
Balance of Noncontrolling Interests in the Operating Partnership 58,253  
Noncontrolling Interests in the Operating Partnership    
Increase (Decrease) in Partners' Capital    
Balance of Noncontrolling Interests in the Operating Partnership 60,276 57,419
Adjustment for Operating Partnership interests of third parties (1,346) 8,588
Net income (loss) 541 614
Balance of Noncontrolling Interests in the Operating Partnership 58,253 65,565
CubeSmart, L.P. and Subsidiaries    
Increase (Decrease) in Partners' Capital    
Balance 2,820,532 2,840,381
Balance of Noncontrolling Interests in the Operating Partnership 60,276  
Contributions from noncontrolling interests in subsidiaries 309  
Distributions paid to noncontrolling interest in subsidiaries (125) (107)
Issuance of restricted OP units 1  
Issuance of common OP units (10) (91)
Conversion from OP units to shares 561 361
Exercise of OP unit options 201 915
Amortization of restricted OP units 1,189 1,171
OP unit compensation expense 802 730
Adjustment for Operating Partnership interests of third parties 1,346 (8,588)
Net income (loss) 94,317 97,328
Other comprehensive income (loss), net 20 20
Common OP unit distributions (115,357) (110,524)
Balance 2,803,786 2,821,596
Balance of Noncontrolling Interests in the Operating Partnership 58,253  
CubeSmart, L.P. and Subsidiaries | Noncontrolling Interests in the Operating Partnership    
Increase (Decrease) in Partners' Capital    
Balance of Noncontrolling Interests in the Operating Partnership 60,276 57,419
Conversion from OP units to shares (561) (361)
Adjustment for Operating Partnership interests of third parties (1,346) 8,588
Net income (loss) 541 614
Common OP unit distributions (657) (695)
Balance of Noncontrolling Interests in the Operating Partnership 58,253 65,565
CubeSmart, L.P. and Subsidiaries | Total Shareholders' Equity    
Increase (Decrease) in Partners' Capital    
Balance 2,798,828 2,826,203
Issuance of restricted OP units 1  
Issuance of common OP units (10) (91)
Conversion from OP units to shares 561 361
Exercise of OP unit options 201 915
Amortization of restricted OP units 1,189 1,171
OP unit compensation expense 802 730
Adjustment for Operating Partnership interests of third parties 1,346 (8,588)
Net income (loss) 94,527 97,566
Other comprehensive income (loss), net 20 20
Common OP unit distributions (115,357) (110,524)
Balance 2,782,108 2,807,763
CubeSmart, L.P. and Subsidiaries | Operating Partner    
Increase (Decrease) in Partners' Capital    
Balance $ 2,799,239 $ 2,826,694
Balance (in units) 224,921 224,603
Issuance of restricted OP units $ 1  
Issuance of restricted OP units (in units) 24 22
Issuance of common OP units $ (10) $ (91)
Conversion from OP units to shares $ 561 $ 361
Conversion from OP units to shares (in units) 12 8
Exercise of OP unit options $ 201 $ 915
Exercise of OP unit options (in units) 8 39
Amortization of restricted OP units $ 1,189 $ 1,171
OP unit compensation expense 802 730
Adjustment for Operating Partnership interests of third parties 1,346 (8,588)
Net income (loss) 94,527 97,566
Common OP unit distributions (115,357) (110,524)
Balance $ 2,782,499 $ 2,808,234
Balance (in units) 224,965 224,672
CubeSmart, L.P. and Subsidiaries | Accumulated Other Comprehensive Income (Loss)    
Increase (Decrease) in Partners' Capital    
Balance $ (411) $ (491)
Other comprehensive income (loss), net 20 20
Balance (391) (471)
CubeSmart, L.P. and Subsidiaries | Noncontrolling Interest in Subsidiaries    
Increase (Decrease) in Partners' Capital    
Balance 21,704 14,178
Contributions from noncontrolling interests in subsidiaries 309  
Distributions paid to noncontrolling interest in subsidiaries (125) (107)
Net income (loss) (210) (238)
Balance $ 21,678 $ 13,833