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CONSOLIDATED STATEMENTS OF CASH FLOWS (LP cube) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Operating Activities    
Net income $ 253,593 $ 289,994
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization, including amortization of loan procurement costs 196,032 155,993
Non-cash portion of interest expense related to finance leases (56) (37)
Equity in earnings of real estate ventures (1,574) (1,688)
Cash distributed from real estate ventures 3,072 3,453
Equity compensation expense 8,601 8,590
Accretion of fair market value adjustment of debt 105 (294)
Changes in other operating accounts:    
Other assets (6,926) (12,732)
Accounts payable and accrued expenses 17,105 21,906
Other liabilities 2,069 1,223
Net cash provided by operating activities 472,021 466,408
Investing Activities    
Acquisitions of storage properties   (20,597)
Additions and improvements to storage properties (38,351) (33,137)
Development costs (25,523) (23,489)
Cash paid for partner's interest in real estate venture, net of cash acquired (451,141)  
Investments in real estate ventures (827) (316)
Cash distributed from real estate ventures 2,889 4,678
Net cash used in investing activities (512,953) (72,861)
Proceeds from:    
Unsecured senior notes 443,952  
Revolving credit facility 889,552 612,506
Principal payments on:    
Revolving credit facility (889,552) (630,606)
Mortgage loans and notes payable (885) (32,089)
Loan procurement costs (3,933)  
Payments upon net settlement of equity compensation (3,250) (1,028)
Contributions from noncontrolling interests in subsidiaries 303 309
Distributions paid to noncontrolling interests in subsidiaries (434) (309)
Distributions paid to OP unitholders (357,207) (345,901)
Net cash provided by (used in) financing activities 78,026 (356,409)
Change in cash, cash equivalents and restricted cash 37,094 37,138
Cash, cash equivalents and restricted cash at beginning of period 77,663 8,217
Cash, cash equivalents and restricted cash at end of period 114,757 45,355
Supplemental Cash Flow and Noncash Information    
Cash paid for interest, net of interest capitalized 90,291 77,953
Supplemental disclosure of noncash activities:    
Derivative valuation adjustment 60 60
CubeSmart, L.P. and Subsidiaries    
Operating Activities    
Net income 253,593 289,994
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization, including amortization of loan procurement costs 196,032 155,993
Non-cash portion of interest expense related to finance leases (56) (37)
Equity in earnings of real estate ventures (1,574) (1,688)
Cash distributed from real estate ventures 3,072 3,453
Equity compensation expense 8,601 8,590
Accretion of fair market value adjustment of debt 105 (294)
Changes in other operating accounts:    
Other assets (6,926) (12,732)
Accounts payable and accrued expenses 17,105 21,906
Other liabilities 2,069 1,223
Net cash provided by operating activities 472,021 466,408
Investing Activities    
Acquisitions of storage properties   (20,597)
Additions and improvements to storage properties (38,351) (33,137)
Development costs (25,523) (23,489)
Cash paid for partner's interest in real estate venture, net of cash acquired (451,141)  
Investments in real estate ventures (827) (316)
Cash distributed from real estate ventures 2,889 4,678
Net cash used in investing activities (512,953) (72,861)
Proceeds from:    
Unsecured senior notes 443,952  
Revolving credit facility 889,552 612,506
Principal payments on:    
Revolving credit facility (889,552) (630,606)
Mortgage loans and notes payable (885) (32,089)
Loan procurement costs (3,933)  
Issuance of OP units, net (400) 32,720
Payments upon net settlement of equity compensation (3,250) (1,028)
Exercise of OP unit options 1,669 9,941
Contributions from noncontrolling interests in subsidiaries 303 309
Distributions paid to noncontrolling interests in subsidiaries (434) (309)
Distributions paid to OP unitholders (358,996) (347,853)
Net cash provided by (used in) financing activities 78,026 (356,409)
Change in cash, cash equivalents and restricted cash 37,094 37,138
Cash, cash equivalents and restricted cash at beginning of period 77,663 8,217
Cash, cash equivalents and restricted cash at end of period 114,757 45,355
Supplemental Cash Flow and Noncash Information    
Cash paid for interest, net of interest capitalized 90,291 77,953
Supplemental disclosure of noncash activities:    
Derivative valuation adjustment $ 60 $ 60