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INVESTMENT IN UNCONSOLIDATED REAL ESTATE VENTURE (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Aug. 30, 2022
USD ($)
facility
Sep. 30, 2024
USD ($)
property
Sep. 30, 2023
USD ($)
Sep. 30, 2024
USD ($)
property
Sep. 30, 2023
USD ($)
Dec. 31, 2023
USD ($)
property
Dec. 09, 2021
facility
Investment in Unconsolidated Real Estate Venture              
Investment in real estate entities   $ 92,161   $ 92,161   $ 98,288  
Acquisitions of storage facilities       20,597      
Investments in real estate ventures       (316) $ (16)    
Credit facility, outstanding           18,100  
Principal amount of debt   2,800,000   2,800,000   2,800,000  
Total liabilities   3,319,783   3,319,783   3,344,212  
ASSETS              
Storage facilities, net   5,877,678   5,877,678   5,951,236  
Total assets   6,192,415   6,192,415   6,225,020  
Equity              
CubeSmart   2,785,508   2,785,508   2,798,828  
Joint venture partners   20,794   20,794   21,704  
Total liabilities and equity   6,192,415   6,192,415   6,225,020  
Total revenues   270,890 $ 267,876 798,505 785,209    
Net income   100,950 103,073 289,994 299,298    
Company's share of net income (loss)   418 1,141 $ 1,688 4,482    
HVPSE              
Investment in Unconsolidated Real Estate Venture              
Ownership interest held by the entity (as a percent)       10.00%      
Number of assets sold | facility 14            
Aggregate amount of sale price of real estate property $ 235,000            
Proceeds from venture related to real estate contribution         1,700    
ASSETS              
Total assets   0   $ 0      
Ventures              
ASSETS              
Storage facilities, net   689,642   689,642   715,142  
Other assets   21,050   21,050   10,382  
Total assets   710,692   710,692   725,524  
LIABILITIES AND CAPITAL              
Debt   471,915   471,915   470,573  
Other liabilities   23,996   23,996   18,557  
Equity              
CubeSmart   60,966   60,966   66,446  
Joint venture partners   153,815   153,815   169,948  
Total liabilities and equity   710,692   710,692   725,524  
Total revenues   25,395 25,519 74,821 74,139    
Operating expenses   (10,362) (10,642) (31,277) (31,707)    
Other income (expenses)   (99) 27 (316) (221)    
Interest expense, net   (7,399) (4,276) (18,633) (12,785)    
Depreciation and amortization   (7,283) (7,611) (22,223) (23,058)    
Net income   252 3,017 2,372 6,368    
Ventures              
Investment in Unconsolidated Real Estate Venture              
Investment in real estate entities   $ 92,161   $ 92,161   $ 98,288  
Number of storage facilities owned by investee | property   77   77   77  
Equity              
Company's share of net income (loss)   $ 418 $ 1,141 $ 1,688 $ 4,482    
Fontana              
Investment in Unconsolidated Real Estate Venture              
Investment in real estate entities   $ 13,305   $ 13,305   $ 13,575  
Ownership interest in partnership (as a percent)   50.00%   50.00%     50.00%
Equity method investment, difference between carrying amount and underlying equity   $ 12,500   $ 12,500      
Number of storage facilities owned by investee   1   1   1 1
RCSS              
Investment in Unconsolidated Real Estate Venture              
Investment in real estate entities   $ 20,249   $ 20,249   $ 20,679  
Ownership interest in partnership (as a percent)   50.00%   50.00%     50.00%
Equity method investment, difference between carrying amount and underlying equity   $ 18,700   $ 18,700      
Number of storage facilities owned by investee | property   1   1   1  
HVP V              
Investment in Unconsolidated Real Estate Venture              
Investment in real estate entities   $ 11,587   $ 11,587   $ 12,759  
Ownership interest in partnership (as a percent)   20.00%   20.00%      
Number of storage facilities owned by investee | property   6   6   6  
HVP IV              
Investment in Unconsolidated Real Estate Venture              
Investment in real estate entities   $ 15,083   $ 15,083   $ 17,085  
Ownership interest in partnership (as a percent)   20.00%   20.00%      
Number of storage facilities owned by investee | property   28   28   28  
HHFNE              
Investment in Unconsolidated Real Estate Venture              
Investment in real estate entities   $ 820   $ 820   $ 951  
Ownership interest in partnership (as a percent)   10.00%   10.00%      
Number of storage facilities owned by investee | property   13   13   13  
HHF              
Investment in Unconsolidated Real Estate Venture              
Investment in real estate entities   $ 31,117   $ 31,117   $ 33,239  
Ownership interest in partnership (as a percent)   50.00%   50.00%      
Number of storage facilities owned by investee | property   28   28   28