XML 55 R42.htm IDEA: XBRL DOCUMENT

NONCONTROLLING INTERESTS (Tables)

9 Months Ended

Sep. 30, 2024

Schedule of noncontrolling interests in subsidiaries


		CubeSmart	September 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%	$	27,811	$	4,511	$	3,540
1074 Raritan Road, LLC ("Clark")	1	90%		15,357		9,723		9,489
350 Main Street, LLC ("Port Chester")	1	90%		6,616		404		—
Astoria Investors, LLC ("Astoria")	1	70%		45,499		31,483		29,319
CS Lock Up Anoka, LLC ("Anoka")	1	50%		9,923		5,635		5,540
CS Valley Forge Village Storage, LLC ("VFV")	1	70%		18,728		14,880		14,792
CS Vienna, LLC ("Vienna")	1	80%		30,177		35,337		34,875
SH3, LLC ("SH3")	1	90%		35,911		280		—
	8		$	190,022	$	102,253	$	97,555

(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.