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INVESTMENT IN UNCONSOLIDATED REAL ESTATE VENTURE (Details)
$ in Thousands
3 Months Ended 12 Months Ended
Feb. 20, 2025
USD ($)
Mar. 31, 2025
USD ($)
property
Mar. 31, 2024
USD ($)
Dec. 31, 2024
USD ($)
property
facility
Dec. 09, 2021
facility
Investment in Unconsolidated Real Estate Venture          
Investment in real estate entities   $ 76,042   $ 91,973  
Number of self-storage facilities acquired | facility       4  
Acquisitions of storage facilities     $ 20,147    
Investments in real estate ventures     (305)    
Credit facility, outstanding   382,400      
Principal amount of debt   2,800,000   $ 2,800,000  
Total liabilities   3,817,473   3,440,313  
ASSETS          
Storage facilities, net   6,446,196   6,038,186  
Total assets   6,740,280   6,394,181  
Equity          
CubeSmart   2,844,221   2,871,856  
Joint venture partners   29,802   30,819  
Total liabilities and equity   6,740,280   6,394,181  
Total revenues   273,036 261,406    
Net income   88,745 94,858    
Company's share of net income (loss)   379 845    
Ventures          
ASSETS          
Storage facilities, net   377,400   684,067  
Other assets   13,352   17,126  
Total assets   390,752   701,193  
LIABILITIES AND CAPITAL          
Debt   251,633   472,633  
Other liabilities   6,067   17,462  
Equity          
CubeSmart   45,278   60,993  
Joint venture partners   87,774   150,105  
Total liabilities and equity   390,752   701,193  
Total revenues   20,122 24,586    
Operating expenses   (8,917) (10,375)    
Other income (expenses)   (110) (106)    
Interest expense, net   (4,928) (4,658)    
Depreciation and amortization   (6,296) (7,532)    
Net income   (129) 1,915    
Ventures          
Investment in Unconsolidated Real Estate Venture          
Investment in real estate entities   $ 76,042   $ 91,973  
Number of storage facilities owned by investee | property   49   77  
Equity          
Company's share of net income (loss)   $ 379 $ 845    
Fontana          
Investment in Unconsolidated Real Estate Venture          
Investment in real estate entities   $ 13,109   $ 13,200  
Ownership interest in partnership (as a percent)   50.00%     50.00%
Equity method investment, difference between carrying amount and underlying equity   $ 12,300      
Number of storage facilities owned by investee   1   1 1
RCSS          
Investment in Unconsolidated Real Estate Venture          
Investment in real estate entities   $ 19,972   $ 20,107  
Ownership interest in partnership (as a percent)   50.00%     50.00%
Equity method investment, difference between carrying amount and underlying equity   $ 18,400      
Number of storage facilities owned by investee | property   1   1  
HVP V          
Investment in Unconsolidated Real Estate Venture          
Investment in real estate entities   $ 10,931   $ 11,353  
Ownership interest in partnership (as a percent)   20.00%      
Number of storage facilities owned by investee | property   6   6  
HVP IV          
Investment in Unconsolidated Real Estate Venture          
Investment in real estate entities       $ 14,591  
Ownership interest in partnership (as a percent)   20.00%      
Number of storage facilities owned by investee | property       28  
Aggregate sale price $ 452,800        
Amount of debt repaid $ 44,400 $ 44,400      
HHFNE          
Investment in Unconsolidated Real Estate Venture          
Investment in real estate entities   $ 1,316   $ 1,469  
Ownership interest in partnership (as a percent)   10.00%      
Number of storage facilities owned by investee | property   13   13  
HHF          
Investment in Unconsolidated Real Estate Venture          
Investment in real estate entities   $ 30,714   $ 31,253  
Ownership interest in partnership (as a percent)   50.00%      
Number of storage facilities owned by investee | property   28   28