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INVESTMENTS IN UNCONSOLIDATED REAL ESTATE VENTURES (Details) $ in Thousands |  | 12 Months Ended |
--- | --- | --- | ---
Feb. 20, 2025 USD ($) | Dec. 31, 2025 USD ($) property | Dec. 31, 2024 USD ($) property | Dec. 31, 2023 USD ($) | Dec. 09, 2021 facility
INVESTMENTS IN UNCONSOLIDATED REAL ESTATE VENTURES |  |  |  |  |
Investment in real estate entities |  | $ 74,034 | $ 91,973 |  |
Equity method investment, difference between carrying amount and underlying equity |  | 30,100 | 31,000 |  |
Acquisitions of storage facilities |  | 49,681 | 42,402 | $ 22,429 |
Investments in real estate ventures |  | (827) | (1,301) | (21) |
Credit facility, outstanding |  | 378,800 |  |  |
Principal amount of debt |  | 2,950,000 | 2,800,000 |  |
Amount of debt repaid | $ 44,400 |  |  |  |
Total liabilities |  | 3,861,117 | 3,440,313 |  |
ASSETS |  |  |  |  |
Storage facilities, net |  | 6,375,849 | 6,038,186 | 5,951,236 |
Total assets |  | 6,643,193 | 6,394,181 |  |
Equity |  |  |  |  |
CubeSmart |  | 2,719,443 | 2,871,856 |  |
Joint venture partners |  | 26,466 | 30,819 |  |
Total liabilities and equity |  | 6,643,193 | 6,394,181 |  |
Total revenues |  | 1,123,110 | 1,066,231 | 1,050,334 |
Net income |  | 331,317 | 391,885 | 412,435 |
Company's share of net income (loss) |  | 2,460 | 2,499 | 6,085 |
Ventures |  |  |  |  |
ASSETS |  |  |  |  |
Storage facilities, net |  | 367,994 | 684,067 |  |
Other assets |  | 15,283 | 17,126 |  |
Total assets |  | 383,277 | 701,193 |  |
LIABILITIES AND CAPITAL |  |  |  |  |
Debt |  | 249,449 | 472,633 |  |
Other liabilities |  | 5,224 | 17,462 |  |
Equity |  |  |  |  |
CubeSmart |  | 43,917 | 60,993 |  |
Joint venture partners |  | 84,687 | 150,105 |  |
Total liabilities and equity |  | 383,277 | 701,193 |  |
Total revenues |  | 63,613 | 100,049 | 99,442 |
Operating expenses |  | (27,183) | (41,096) | (40,677) |
Other income (expenses) |  | (67) | (422) | (347) |
Interest expense, net |  | (14,074) | (25,570) | (17,189) |
Depreciation and amortization |  | (18,564) | (29,404) | (30,607) |
Net income |  | 3,725 | 3,557 | $ 10,622 |
HVP IV |  |  |  |  |
INVESTMENTS IN UNCONSOLIDATED REAL ESTATE VENTURES |  |  |  |  |
Variable Interest Entity, Interest Acquired, Percentage | 80.00% |  |  |  |
Aggregate sale price | $ 452,800 |  |  |  |
Ventures |  |  |  |  |
INVESTMENTS IN UNCONSOLIDATED REAL ESTATE VENTURES |  |  |  |  |
Investment in real estate entities |  | $ 74,034 | $ 91,973 |  |
Number of storage facilities owned by investee | property |  | 49 | 77 |  |
Fontana |  |  |  |  |
INVESTMENTS IN UNCONSOLIDATED REAL ESTATE VENTURES |  |  |  |  |
Investment in real estate entities |  | $ 12,837 | $ 13,200 |  |
Ownership interest in partnership (as a percent) |  | 50.00% |  |  | 50.00%
Equity method investment, difference between carrying amount and underlying equity |  | $ 12,100 |  |  |
Number of storage facilities owned by investee |  | 1 | 1 |  | 1
RCSS |  |  |  |  |
INVESTMENTS IN UNCONSOLIDATED REAL ESTATE VENTURES |  |  |  |  |
Investment in real estate entities |  | $ 19,568 | $ 20,107 |  |
Ownership interest in partnership (as a percent) |  | 50.00% |  |  | 50.00%
Equity method investment, difference between carrying amount and underlying equity |  | $ 18,000 |  |  |
Number of storage facilities owned by investee | property |  | 1 | 1 |  |
HVP V |  |  |  |  |
INVESTMENTS IN UNCONSOLIDATED REAL ESTATE VENTURES |  |  |  |  |
Investment in real estate entities |  | $ 10,505 | $ 11,353 |  |
Ownership interest in partnership (as a percent) |  | 20.00% |  |  |
Number of storage facilities owned by investee | property |  | 6 | 6 |  |
HVP IV |  |  |  |  |
INVESTMENTS IN UNCONSOLIDATED REAL ESTATE VENTURES |  |  |  |  |
Investment in real estate entities |  |  | $ 14,591 |  |
Ownership interest in partnership (as a percent) |  | 20.00% |  |  |
Variable Interest Entity, Interest Acquired, Percentage |  | 80.00% |  |  |
Number of storage facilities owned by investee | property |  |  | 28 |  |
Amount of debt repaid |  | $ 44,400 |  |  |
HHFNE |  |  |  |  |
INVESTMENTS IN UNCONSOLIDATED REAL ESTATE VENTURES |  |  |  |  |
Investment in real estate entities |  | $ 1,230 | $ 1,469 |  |
Ownership interest in partnership (as a percent) |  | 10.00% |  |  |
Number of storage facilities owned by investee | property |  | 13 | 13 |  |
HHF |  |  |  |  |
INVESTMENTS IN UNCONSOLIDATED REAL ESTATE VENTURES |  |  |  |  |
Investment in real estate entities |  | $ 29,894 | $ 31,253 |  |
Ownership interest in partnership (as a percent) |  | 50.00% |  |  |
Number of storage facilities owned by investee | property |  | 28 | 28 |  |

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