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NONCONTROLLING INTERESTS (Tables) | 12 Months Ended
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Dec. 31, 2025
NONCONTROLLING INTERESTS |
Schedule of noncontrolling interests in subsidiaries | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | CubeSmart | ​ | December 31, 2025
​ | ​ | Number | ​ | Ownership | ​ | Total | ​ | Total | ​ | Related Party
Consolidated Joint Ventures | ​ ​ ​ | of Stores | ​ ​ ​ | Interest | ​ | Assets | ​ | Liabilities | ​ | Loans (1)
​ | ​ | ​ | ​ | ​ | ​ | (in thousands)
Hines Capital ("Hines") (2) | ​ | 14 | ​ | 85% | ​ | $ | 171,219 | ​ | $ | 120,147 | ​ | $ | 109,554
New Rochelle Investors, LLC ("New Rochelle") | ​ | 1 | ​ | 70% | ​ | ​ | 41,278 | ​ | ​ | 18,474 | ​ | ​ | 17,206
1074 Raritan Road, LLC ("Clark") | ​ | 1 | ​ | 90% | ​ | ​ | 15,190 | ​ | ​ | 11,030 | ​ | ​ | 10,629
350 Main Street, LLC ("Port Chester") | ​ | 1 | ​ | 90% | ​ | ​ | 17,254 | ​ | ​ | 11,475 | ​ | ​ | 10,937
Astoria Investors, LLC ("Astoria") | ​ | 1 | ​ | 70% | ​ | ​ | 44,562 | ​ | ​ | 30,786 | ​ | ​ | 29,973
CS Lock Up Anoka, LLC ("Anoka") | ​ | 1 | ​ | 50% | ​ | ​ | 9,226 | ​ | ​ | 5,588 | ​ | ​ | 5,540
CS Valley Forge Village Storage, LLC ("VFV") | ​ | 1 | ​ | 70% | ​ | ​ | 17,862 | ​ | ​ | 14,908 | ​ | ​ | 14,792
CS Vienna, LLC ("Vienna") | ​ | 1 | ​ | 80% | ​ | ​ | 28,363 | ​ | ​ | 34,285 | ​ | ​ | 33,897
SH3, LLC ("SH3") | ​ | 1 | ​ | 90% | ​ | ​ | 35,077 | ​ | ​ | 317 | ​ | ​ | —
​ | ​ | 22 | ​ | ​ | ​ | $ | 380,031 | ​ | $ | 247,010 | ​ | $ | 232,528
​
| (1) | Related party loans represent amounts payable from the joint venture to the Company and are included in total liabilities within the table above. The loans and related party interest have been eliminated for consolidation purposes.
​
| (2) | Consists of two consolidated joint ventures.

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