XML 99 R80.htm IDEA: XBRL DOCUMENT v3.25.0.1
EARNINGS PER SHARE AND UNIT AND SHAREHOLDERS' EQUITY AND CAPITAL - Earnings Per Share and Unit (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Basic and diluted earnings per common share      
Net income $ 391,885 $ 412,435 $ 292,472
Net income attributable to noncontrolling interests in the Operating Partnership (2,159) (2,535) (1,931)
Net loss attributable to noncontrolling interests in subsidiaries 1,454 857 722
NET INCOME ATTRIBUTABLE TO THE COMPANY $ 391,180 $ 410,757 $ 291,263
Weighted average basic shares outstanding (in shares) 226,353 225,424 224,928
Share options and restricted share units (in shares) 797 817 953
Weighted-average diluted shares outstanding (in shares) 227,150 226,241 225,881
Basic earnings per share attributable to common shareholders (in dollars per share) $ 1.73 $ 1.82 $ 1.29
Diluted earnings per share attributable to common shareholders (in dollars per share) 1.72 1.82 1.29
Dividends declared per common share (in dollars per share) $ 2.05 $ 1.98 $ 1.78
Basic and diluted earnings per common unit      
Weighted average basic shares outstanding (in shares) 226,353 225,424 224,928
Share options and restricted share units (in shares) 797 817 953
Weighted-average diluted shares outstanding (in shares) 227,150 226,241 225,881
Diluted earnings per share attributable to common shareholders (in dollars per share) $ 1.72 $ 1.82 $ 1.29
Potentially dilutive shares not included in the earnings per share calculation as their effect is antidilutive (in shares) 700 700 300
Dividends declared per common share (in dollars per share) $ 2.05 $ 1.98 $ 1.78
Operating Partnership [Member]      
Basic and diluted earnings per common unit      
Potentially dilutive shares not included in the earnings per share calculation as their effect is antidilutive (in shares) 1,300 1,400 1,500
CubeSmart, L.P. and Subsidiaries      
Basic and diluted earnings per common share      
Net income $ 391,885 $ 412,435 $ 292,472
Weighted average basic shares outstanding (in shares) 227,603 226,817 226,449
Share options and restricted share units (in shares) 797 817 953
Weighted-average diluted shares outstanding (in shares) 228,400 227,634 227,402
Diluted earnings per share attributable to common shareholders (in dollars per share) $ 1.72 $ 1.82 $ 1.29
Basic and diluted earnings per common unit      
Net Income $ 391,885 $ 412,435 $ 292,472
Net loss attributable to noncontrolling interests in subsidiaries 1,454 857 722
Net income attributable to CubeSmart L.P. $ 393,339 $ 413,292 $ 293,194
Weighted average basic shares outstanding (in shares) 227,603 226,817 226,449
Share options and restricted share units (in shares) 797 817 953
Weighted-average diluted shares outstanding (in shares) 228,400 227,634 227,402
Basic earnings per unit attributable to common unitholders (in dollars per share) $ 1.73 $ 1.82 $ 1.29
Diluted earnings per share attributable to common shareholders (in dollars per share) 1.72 1.82 1.29
Dividends declared per common unit (in dollars per unit) $ 2.05 $ 1.98 $ 1.78
Potentially dilutive shares not included in the earnings per share calculation as their effect is antidilutive (in shares) 700 700 300