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NONCONTROLLING INTERESTS (Tables)

6 Months Ended

Jun. 30, 2024

Schedule of noncontrolling interests in subsidiaries


		CubeSmart	June 30, 2024
	Number	Ownership	Total		Total		Related Party
Consolidated Joint Ventures	of Stores	Interest	Assets		Liabilities		Loans ⁽¹⁾

			(in thousands)
New Rochelle Investors, LLC ("New Rochelle")	1	70%	$	26,591	$	3,132	$	1,923
1074 Raritan Road, LLC ("Clark")	1	90%		15,471		9,511		8,949
350 Main Street, LLC ("Port Chester")	1	90%		6,268		54		—
Astoria Investors, LLC ("Astoria")	1	70%		45,714		31,555		28,722
CS Lock Up Anoka, LLC ("Anoka")	1	50%		10,015		5,581		5,540
CS Valley Forge Village Storage, LLC ("VFV")	1	70%		18,929		14,878		14,792
CS Vienna, LLC ("Vienna")	1	80%		30,532		35,497		34,875
SH3, LLC ("SH3")	1	90%		36,508		330		—
	8		$	190,028	$	100,538	$	94,801

(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 for consolidation purposes.