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CONSOLIDATED STATEMENTS OF CAPITAL (LP cube) - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended
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Sep. 30, 2024 | Jun. 30, 2024 | Mar. 31, 2024 | Sep. 30, 2023 | Jun. 30, 2023 | 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 |  | $ 797 |
Distributions paid to noncontrolling interest in subsidiaries | $ (130) | $ (54) | (125) | $ (89) | (54) | $ (107)
Adjustment for Operating Partnership interests of third parties | (10,801) | 93 | 1,346 | 9,035 | 2,134 | (8,588)
Net income (loss) | 100,399 | 93,662 | 94,317 | 102,433 | 97,667 | 97,328
Other comprehensive income (loss), net | 20 | 20 | 20 | 20 | 20 | 20
Balance of Noncontrolling Interests in the Operating Partnership | 66,330 |  |  |  |  |
Noncontrolling Interests in the Operating Partnership |  |  |  |  |  |
Increase (Decrease) in Partners' Capital |  |  |  |  |  |
Balance of Noncontrolling Interests in the Operating Partnership | 55,930 | 58,253 | 60,276 | 63,352 | 65,565 | 57,419
Adjustment for Operating Partnership interests of third parties | 10,801 | (93) | (1,346) | (9,035) | (2,134) | 8,588
Net income (loss) | 551 | 524 | 541 | 640 | 616 | 614
Balance of Noncontrolling Interests in the Operating Partnership | 66,330 | 55,930 | 58,253 | 51,877 | 63,352 | 65,565
CubeSmart, L.P. and Subsidiaries |  |  |  |  |  |
Increase (Decrease) in Partners' Capital |  |  |  |  |  |
Balance | 2,791,416 | 2,803,786 | 2,820,532 | 2,815,634 | 2,821,596 | 2,840,381
Balance of Noncontrolling Interests in the Operating Partnership |  |  | 60,276 |  |  |
Contributions from noncontrolling interests in subsidiaries |  |  | 309 |  | 797 |
Distributions paid to noncontrolling interest in subsidiaries | (130) | (54) | (125) | (89) | (54) | (107)
Issuance of restricted OP units |  |  | 1 |  |  |
Issuance of common OP units |  | (39) | (10) | (79) | (55) | (91)
Issuance of OP units | 32,768 |  |  |  |  |
Conversion from OP units to shares | 324 | 2,123 | 561 | 2,413 |  | 361
Exercise of OP unit options | 5,222 | 4,518 | 201 |  | 1,801 | 915
Amortization of restricted OP units | 2,066 | 1,897 | 1,189 | 1,811 | 1,621 | 1,171
OP unit compensation expense | 808 | 800 | 802 | 701 | 692 | 730
Adjustment for Operating Partnership interests of third parties | (10,801) | 93 | 1,346 | 9,035 | 2,134 | (8,588)
Net income (loss) | 100,399 | 93,662 | 94,317 | 102,433 | 97,667 | 97,328
Other comprehensive income (loss), net | 20 | 20 | 20 | 20 | 20 | 20
Common OP unit distributions | (115,790) | (115,390) | (115,357) | (110,613) | (110,585) | (110,524)
Balance | 2,806,302 | 2,791,416 | 2,803,786 | 2,821,266 | 2,815,634 | 2,821,596
Balance of Noncontrolling Interests in the Operating Partnership | 66,330 |  |  |  |  |
CubeSmart, L.P. and Subsidiaries | Noncontrolling Interests in the Operating Partnership |  |  |  |  |  |
Increase (Decrease) in Partners' Capital |  |  |  |  |  |
Balance of Noncontrolling Interests in the Operating Partnership | 55,930 | 58,253 | 60,276 | 63,352 | 65,565 | 57,419
Conversion from OP units to shares | (324) | (2,123) | (561) | (2,413) |  | (361)
Adjustment for Operating Partnership interests of third parties | 10,801 | (93) | (1,346) | (9,035) | (2,134) | 8,588
Net income (loss) | 551 | 524 | 541 | 640 | 616 | 614
Common OP unit distributions | (628) | (631) | (657) | (667) | (695) | (695)
Balance of Noncontrolling Interests in the Operating Partnership | 66,330 | 55,930 | 58,253 | 51,877 | 63,352 | 65,565
CubeSmart, L.P. and Subsidiaries | Total Shareholders' Equity |  |  |  |  |  |
Increase (Decrease) in Partners' Capital |  |  |  |  |  |
Balance | 2,770,094 | 2,782,108 | 2,798,828 | 2,801,270 | 2,807,763 | 2,826,203
Issuance of restricted OP units |  |  | 1 |  |  |
Issuance of common OP units |  | (39) | (10) | (79) | (55) | (91)
Issuance of OP units | 32,768 |  |  |  |  |
Conversion from OP units to shares | 324 | 2,123 | 561 | 2,413 |  | 361
Exercise of OP unit options | 5,222 | 4,518 | 201 |  | 1,801 | 915
Amortization of restricted OP units | 2,066 | 1,897 | 1,189 | 1,811 | 1,621 | 1,171
OP unit compensation expense | 808 | 800 | 802 | 701 | 692 | 730
Adjustment for Operating Partnership interests of third parties | (10,801) | 93 | 1,346 | 9,035 | 2,134 | (8,588)
Net income (loss) | 100,797 | 93,964 | 94,527 | 102,645 | 97,879 | 97,566
Other comprehensive income (loss), net | 20 | 20 | 20 | 20 | 20 | 20
Common OP unit distributions | (115,790) | (115,390) | (115,357) | (110,613) | (110,585) | (110,524)
Balance | 2,785,508 | 2,770,094 | 2,782,108 | 2,807,203 | 2,801,270 | 2,807,763
CubeSmart, L.P. and Subsidiaries | Operating Partner |  |  |  |  |  |
Increase (Decrease) in Partners' Capital |  |  |  |  |  |
Balance | $ 2,770,465 | $ 2,782,499 | $ 2,799,239 | $ 2,801,721 | $ 2,808,234 | $ 2,826,694
Balance (in units) | 225,197 | 224,965 | 224,921 | 224,797 | 224,672 | 224,603
Issuance of restricted OP units |  |  | $ 1 |  |  |
Issuance of restricted OP units (in units) | 2 | 28 | 24 | 4 | 20 | 22
Issuance of common OP units |  | $ (39) | $ (10) | $ (79) | $ (55) | $ (91)
Issuance of OP units | $ 32,768 |  |  |  |  |
Issuance of OP Units (in shares) | 612 |  |  |  |  |
Conversion from OP units to shares | $ 324 | $ 2,123 | $ 561 | $ 2,413 |  | $ 361
Conversion from OP units to shares (in units) | 6 | 50 | 12 | 58 |  | 8
Exercise of OP unit options | $ 5,222 | $ 4,518 | $ 201 |  | $ 1,801 | $ 915
Exercise of OP unit options (in units) | 186 | 154 | 8 |  | 105 | 39
Amortization of restricted OP units | $ 2,066 | $ 1,897 | $ 1,189 | $ 1,811 | $ 1,621 | $ 1,171
OP unit compensation expense | 808 | 800 | 802 | 701 | 692 | 730
Adjustment for Operating Partnership interests of third parties | (10,801) | 93 | 1,346 | 9,035 | 2,134 | (8,588)
Net income (loss) | 100,797 | 93,964 | 94,527 | 102,645 | 97,879 | 97,566
Common OP unit distributions | (115,790) | (115,390) | (115,357) | (110,613) | (110,585) | (110,524)
Balance | $ 2,785,859 | $ 2,770,465 | $ 2,782,499 | $ 2,807,634 | $ 2,801,721 | $ 2,808,234
Balance (in units) | 226,003 | 225,197 | 224,965 | 224,859 | 224,797 | 224,672
CubeSmart, L.P. and Subsidiaries | Accumulated Other Comprehensive Income (Loss) |  |  |  |  |  |
Increase (Decrease) in Partners' Capital |  |  |  |  |  |
Balance | $ (371) | $ (391) | $ (411) | $ (451) | $ (471) | $ (491)
Other comprehensive income (loss), net | 20 | 20 | 20 | 20 | 20 | 20
Balance | (351) | (371) | (391) | (431) | (451) | (471)
CubeSmart, L.P. and Subsidiaries | Noncontrolling Interest in Subsidiaries |  |  |  |  |  |
Increase (Decrease) in Partners' Capital |  |  |  |  |  |
Balance | 21,322 | 21,678 | 21,704 | 14,364 | 13,833 | 14,178
Contributions from noncontrolling interests in subsidiaries |  |  | 309 |  | 797 |
Distributions paid to noncontrolling interest in subsidiaries | (130) | (54) | (125) | (89) | (54) | (107)
Net income (loss) | (398) | (302) | (210) | (212) | (212) | (238)
Balance | $ 20,794 | $ 21,322 | $ 21,678 | $ 14,063 | $ 14,364 | $ 13,833

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