v3.25.2
UNSECURED SENIOR NOTES (Details)
$ in Thousands
 6 Months Ended
Apr. 04, 2017
USD ($)
Oct. 26, 2015
USD ($)
Jun. 30, 2025
USD ($)
Dec. 31, 2024
USD ($)
Jan. 24, 2019
USD ($)
Mortgage loans and Notes payable          
Senior notes, principal amount     $ 2,800,000 $ 2,800,000  
Total unsecured senior notes, net     2,782,701 2,780,631  
CubeSmart, L.P. and Subsidiaries          
Mortgage loans and Notes payable          
Total unsecured senior notes, net     2,782,701 2,780,631  
Senior Notes          
Mortgage loans and Notes payable          
Less: Discount on issuance of notes, net     (7,668) (8,495)  
Less: Loan procurement costs, net     (9,631) (10,874)  
Total unsecured senior notes, net     $ 2,782,701 2,780,631  
Senior Notes | Maximum          
Mortgage loans and Notes payable          
Consolidated leverage ratio     0.60    
Secured debt leverage ratio     0.40    
Senior Notes | Minimum          
Mortgage loans and Notes payable          
Consolidated interest coverage ratio     1.50    
Financial and customary covenant, minimum unencumbered asset (as a percent)     150.00%    
Senior notes 4.000% due 2025          
Mortgage loans and Notes payable          
Senior notes, principal amount $ 50,000 $ 250,000 $ 300,000 300,000  
Interest rate (as a percent) 4.00% 4.00% 4.00%    
Effective interest rate (as a percent) 3.811% 4.032% 3.99%    
Effective weighted average interest rate (as a percent)     3.994%    
Proceeds from senior notes $ 50,000 $ 250,000      
Debt instrument, redemption percentage 101.343% 99.735%      
Senior Notes 3.125% Due 2026          
Mortgage loans and Notes payable          
Senior notes, principal amount     $ 300,000 300,000  
Interest rate (as a percent)     3.125%    
Effective interest rate (as a percent)     3.18%    
Senior Notes 2.250 % Due 2028          
Mortgage loans and Notes payable          
Senior notes, principal amount     $ 550,000 550,000  
Interest rate (as a percent)     2.25%    
Effective interest rate (as a percent)     2.33%    
Senior Notes 4.375 % Due 2029          
Mortgage loans and Notes payable          
Senior notes, principal amount     $ 350,000 350,000 $ 350,000
Interest rate (as a percent)     4.375%   4.375%
Effective interest rate (as a percent)     4.46%    
Senior Notes 3.000 % Due 2030          
Mortgage loans and Notes payable          
Senior notes, principal amount     $ 350,000 350,000  
Interest rate (as a percent)     3.00%    
Effective interest rate (as a percent)     3.04%    
Senior Notes 2.000 % Due 2031          
Mortgage loans and Notes payable          
Senior notes, principal amount     $ 450,000 450,000  
Interest rate (as a percent)     2.00%    
Effective interest rate (as a percent)     2.10%    
Senior Notes 2.500 % Due 2032          
Mortgage loans and Notes payable          
Senior notes, principal amount     $ 500,000 $ 500,000  
Interest rate (as a percent)     2.50%    
Effective interest rate (as a percent)     2.59%