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CONSOLIDATED STATEMENTS OF CAPITAL (LP cube) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Sep. 30, 2025
Jun. 30, 2025
Mar. 31, 2025
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Increase (Decrease) in Partners' Capital            
Balance of Noncontrolling Interests in the Operating Partnership     $ 51,193      
Contributions from noncontrolling interests in subsidiaries $ 303         $ 309
Distributions paid to noncontrolling interest in subsidiaries (157) $ (165) (112) $ (130) $ (54) (125)
Adjustment for Operating Partnership interests of third parties 1,852 180 59 (10,801) 93 1,346
Net income (loss) 82,020 82,031 88,292 100,399 93,662 94,317
Other comprehensive income, net 20 20 20 20 20 20
Balance of Noncontrolling Interests in the Operating Partnership 44,858          
Noncontrolling Interests in the Operating Partnership            
Increase (Decrease) in Partners' Capital            
Balance of Noncontrolling Interests in the Operating Partnership 46,888 48,784 51,193 55,930 58,253 60,276
Adjustment for Operating Partnership interests of third parties (1,852) (180) (59) 10,801 (93) (1,346)
Net income (loss) 396 401 453 551 524 541
Balance of Noncontrolling Interests in the Operating Partnership 44,858 46,888 48,784 66,330 55,930 58,253
CubeSmart, L.P. and Subsidiaries            
Increase (Decrease) in Partners' Capital            
Balance 2,842,386 2,874,023 2,902,675 2,791,416 2,803,786 2,820,532
Balance of Noncontrolling Interests in the Operating Partnership     51,193      
Contributions from noncontrolling interests in subsidiaries 303         309
Distributions paid to noncontrolling interest in subsidiaries (157) (165) (112) (130) (54) (125)
Issuance of common OP units       32,768    
Issuance of restricted OP units     1     1
Issuance of common OP units (110) (122) (168)   (39) (10)
Conversion from OP units to shares   1,543 2,209 324 2,123 561
Exercise of OP unit options   1,669   5,222 4,518 201
Equity compensation expense 2,889 2,504 3,208 2,903 2,858 2,829
Taxes withheld upon net settlement of equity compensation (20) (183) (3,047) (29) (161) (838)
Adjustment for Operating Partnership interests of third parties 1,852 180 59 (10,801) 93 1,346
Net income (loss) 82,020 82,031 88,292 100,399 93,662 94,317
Other comprehensive income, net 20 20 20 20 20 20
OP unit distributions (119,103) (119,114) (119,114) (115,790) (115,390) (115,357)
Balance 2,810,080 2,842,386 2,874,023 2,806,302 2,791,416 2,803,786
Balance of Noncontrolling Interests in the Operating Partnership 44,858          
CubeSmart, L.P. and Subsidiaries | Noncontrolling Interests in the Operating Partnership            
Increase (Decrease) in Partners' Capital            
Balance of Noncontrolling Interests in the Operating Partnership 46,888 48,784 51,193 55,930 58,253 60,276
Conversion from OP units to shares   (1,543) (2,209) (324) (2,123) (561)
Adjustment for Operating Partnership interests of third parties (1,852) (180) (59) 10,801 (93) (1,346)
Net income (loss) 396 401 453 551 524 541
OP unit distributions (574) (574) (594) (628) (631) (657)
Balance of Noncontrolling Interests in the Operating Partnership 44,858 46,888 48,784 66,330 55,930 58,253
CubeSmart, L.P. and Subsidiaries | Total Shareholders' Equity            
Increase (Decrease) in Partners' Capital            
Balance 2,813,678 2,844,221 2,871,856 2,770,094 2,782,108 2,798,828
Issuance of common OP units       32,768    
Issuance of restricted OP units     1     1
Issuance of common OP units (110) (122) (168)   (39) (10)
Conversion from OP units to shares   1,543 2,209 324 2,123 561
Exercise of OP unit options   1,669   5,222 4,518 201
Equity compensation expense 2,889 2,504 3,208 2,903 2,858 2,829
Taxes withheld upon net settlement of equity compensation (20) (183) (3,047) (29) (161) (838)
Adjustment for Operating Partnership interests of third parties 1,852 180 59 (10,801) 93 1,346
Net income (loss) 82,930 82,960 89,197 100,797 93,964 94,527
Other comprehensive income, net 20 20 20 20 20 20
OP unit distributions (119,103) (119,114) (119,114) (115,790) (115,390) (115,357)
Balance 2,782,136 2,813,678 2,844,221 2,785,508 2,770,094 2,782,108
CubeSmart, L.P. and Subsidiaries | Operating Partner            
Increase (Decrease) in Partners' Capital            
Balance $ 2,813,968 $ 2,844,531 $ 2,872,186 $ 2,770,465 $ 2,782,499 $ 2,799,239
Balance (in units) 228,034 227,920 227,765 225,197 224,965 224,921
Issuance of common OP units       $ 32,768    
Issuance of common OP units (in units)       612    
Issuance of restricted OP units     $ 1     $ 1
Issuance of restricted OP units (in units) 1 29 103 2 28 24
Issuance of common OP units $ (110) $ (122) $ (168)   $ (39) $ (10)
Conversion from OP units to shares   $ 1,543 $ 2,209 $ 324 $ 2,123 $ 561
Conversion from OP units to shares (in units)   39 52 6 50 12
Exercise of OP unit options   $ 1,669   $ 5,222 $ 4,518 $ 201
Exercise of OP unit options (in units)   46   186 154 8
Equity compensation expense 2,889 $ 2,504 $ 3,208 $ 2,903 $ 2,858 $ 2,829
Taxes withheld upon net settlement of equity compensation (20) (183) (3,047) (29) (161) (838)
Adjustment for Operating Partnership interests of third parties 1,852 180 59 (10,801) 93 1,346
Net income (loss) 82,930 82,960 89,197 100,797 93,964 94,527
OP unit distributions (119,103) (119,114) (119,114) (115,790) (115,390) (115,357)
Balance $ 2,782,406 $ 2,813,968 $ 2,844,531 $ 2,785,859 $ 2,770,465 $ 2,782,499
Balance (in units) 228,035 228,034 227,920 226,003 225,197 224,965
CubeSmart, L.P. and Subsidiaries | Accumulated Other Comprehensive Income (Loss)            
Increase (Decrease) in Partners' Capital            
Balance $ (290) $ (310) $ (330) $ (371) $ (391) $ (411)
Other comprehensive income, net 20 20 20 20 20 20
Balance (270) (290) (310) (351) (371) (391)
CubeSmart, L.P. and Subsidiaries | Noncontrolling Interest in Subsidiaries            
Increase (Decrease) in Partners' Capital            
Balance 28,708 29,802 30,819 21,322 21,678 21,704
Contributions from noncontrolling interests in subsidiaries 303         309
Distributions paid to noncontrolling interest in subsidiaries (157) (165) (112) (130) (54) (125)
Net income (loss) (910) (929) (905) (398) (302) (210)
Balance $ 27,944 $ 28,708 $ 29,802 $ 20,794 $ 21,322 $ 21,678