v3.26.1
INVESTMENT ACTIVITY (Details)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended 18 Months Ended
Feb. 20, 2025
USD ($)
facility
Jun. 30, 2026
USD ($)
facility
Jun. 30, 2025
USD ($)
Jun. 30, 2026
USD ($)
facility
Jun. 30, 2025
USD ($)
Dec. 31, 2025
USD ($)
facility
Jun. 30, 2026
USD ($)
facility
property
segment
INVESTMENT ACTIVITY              
Number of joint ventures | segment             2
Total Construction Costs   $ 46,100   $ 46,100     $ 46,100
Number of stores, construction completed and opened for operation | property             2
Mortgage loans and notes payable, net   $ 97,637   $ 97,637   $ 98,859 $ 97,637
2025 Acquisitions              
INVESTMENT ACTIVITY              
Aggregate purchase price             $ 501,785
Number of self-storage facilities acquired | facility             30
Cubesmart              
INVESTMENT ACTIVITY              
Ownership interest by Parent   99.60%   99.60%     99.60%
Mortgage Loans              
INVESTMENT ACTIVITY              
Mortgage loans and notes payable, net   $ 97,637   $ 97,637   98,859 $ 97,637
Arizona and Florida assets | Leases, Acquired-in-Place              
INVESTMENT ACTIVITY              
Intangible value of the in-place leases           $ 2,700  
Estimated life           12 months  
Amortization expense   700 $ 0 1,300 $ 0    
Arizona and Florida assets | 2025 Acquisitions              
INVESTMENT ACTIVITY              
Aggregate purchase price           $ 49,000  
Self Storage Facility in New Rochelle, NY              
INVESTMENT ACTIVITY              
Total Construction Costs   28,000   28,000     $ 28,000
Number of stores, construction completed and opened for operation | property             1
Ownership interest held by the entity (as a percent)             70.00%
Self Storage Facility in Port Chester, NY              
INVESTMENT ACTIVITY              
Total Construction Costs   $ 18,100   $ 18,100     $ 18,100
Number of stores, construction completed and opened for operation | property             1
Ownership interest held by the entity (as a percent)             90.00%
Arizona | 2025 Acquisitions              
INVESTMENT ACTIVITY              
Number of self-storage facilities acquired | facility           1  
Florida | 2025 Acquisitions              
INVESTMENT ACTIVITY              
Number of self-storage facilities acquired | facility           1  
New York | Self storage under construction              
INVESTMENT ACTIVITY              
Number of self-storage facilities | facility   1   1     1
Development costs   $ 11,500   $ 11,500     $ 11,500
Expected construction cost   28,000   28,000     28,000
HVP IV              
INVESTMENT ACTIVITY              
Percentage of voting interest acquired 80.00%            
Aggregate purchase price $ 452,800            
Repayments of debt 44,400            
Total consideration 466,900            
Acquisition, previously held equity interest 14,100            
Acquisition, gain (loss) recognized 0            
HVP IV | Leases, Acquired-in-Place              
INVESTMENT ACTIVITY              
Intangible value of the in-place leases $ 32,000            
Estimated life 12 months            
Amortization expense   $ 0 $ 8,000 $ 5,300 $ 10,700    
Joint Venture              
INVESTMENT ACTIVITY              
Ownership interest held by the entity (as a percent)       85.00%   85.00%  
HVP IV              
INVESTMENT ACTIVITY              
Percentage of voting interest acquired 80.00%     80.00%      
Percentage of voting interest previously acquired 20.00%            
Number of real estate properties owned | facility 28     28      
Repayments of debt $ 44,400     $ 44,400      
Aggregate sale price $ 452,800            
HVP IV | 2025 Acquisitions              
INVESTMENT ACTIVITY              
Aggregate purchase price             $ 452,785
Number of self-storage facilities acquired | facility             28
HVP IV | Arizona              
INVESTMENT ACTIVITY              
Number of real estate properties owned | facility 2            
HVP IV | Connecticut              
INVESTMENT ACTIVITY              
Number of real estate properties owned | facility 3            
HVP IV | Florida              
INVESTMENT ACTIVITY              
Number of real estate properties owned | facility 4            
HVP IV | Georgia              
INVESTMENT ACTIVITY              
Number of real estate properties owned | facility 2            
HVP IV | Illinois              
INVESTMENT ACTIVITY              
Number of real estate properties owned | facility 5            
HVP IV | Maryland              
INVESTMENT ACTIVITY              
Number of real estate properties owned | facility 2            
HVP IV | Minnesota              
INVESTMENT ACTIVITY              
Number of real estate properties owned | facility 1            
HVP IV | Pennsylvania              
INVESTMENT ACTIVITY              
Number of real estate properties owned | facility 1            
HVP IV | Texas              
INVESTMENT ACTIVITY              
Number of real estate properties owned | facility 8