v3.26.1
EARNINGS PER SHARE AND UNIT AND SHAREHOLDERS' EQUITY AND CAPITAL - Earnings Per Share and Unit (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Basic and diluted earnings per common share              
Net income $ 89,460   $ 82,432   $ 172,210 $ 171,177  
Net income attributable to noncontrolling interests in the Operating Partnership (395)   (401)   (752) (854)  
Net loss attributable to noncontrolling interests in subsidiaries 520   929   1,014 1,834  
NET INCOME ATTRIBUTABLE TO THE COMPANY $ 89,585   $ 82,960   $ 172,472 $ 172,157  
Weighted average basic shares outstanding (in shares) 226,774,000   228,737,000   227,289,000 228,700,000  
Share options and restricted share units (in shares) 415,000   566,000   387,000 573,000  
Weighted average diluted shares outstanding (in shares) 227,189,000   229,303,000   227,676,000 229,273,000  
Basic earnings per share attributable to common shareholders (in dollars per share) $ 0.4   $ 0.36   $ 0.76 $ 0.75  
Diluted earnings per share attributable to common shareholders (in dollars per share) 0.39   0.36   0.76 0.75  
Dividends declared per common share (in dollars per share) $ 0.53 $ 0.53 $ 0.52 $ 0.52 $ 1.06 $ 1.04  
Basic and diluted earnings per common unit              
Weighted average basic units outstanding (in shares) 226,774,000   228,737,000   227,289,000 228,700,000  
Share options and restricted share units (in shares) 415,000   566,000   387,000 573,000  
Weighted average diluted shares outstanding (in shares) 227,189,000   229,303,000   227,676,000 229,273,000  
Diluted earnings per share attributable to common shareholders (in dollars per share) $ 0.39   $ 0.36   $ 0.76 $ 0.75  
Potentially dilutive shares not included in the earnings per share calculation as their effect is antidilutive (in shares) 1,900,000   1,400,000   1,900,000 1,400,000  
Dividends declared per common share (in dollars per share) $ 0.53 0.53 $ 0.52 0.52 $ 1.06 $ 1.04  
OP Units              
Basic and diluted earnings per common unit              
Potentially dilutive shares not included in the earnings per share calculation as their effect is antidilutive (in shares) 1,000,000   1,400,000   1,000,000 1,400,000  
CubeSmart, L.P. and Subsidiaries              
Basic and diluted earnings per common share              
Net income         $ 172,210 $ 171,177  
Weighted average basic shares outstanding (in shares) 227,758,000   229,852,000   228,274,000 229,842,000  
Share options and restricted share units (in shares) 415,000   566,000   387,000 573,000  
Weighted average diluted shares outstanding (in shares) 228,173,000   230,418,000   228,661,000 230,415,000  
Diluted earnings per share attributable to common shareholders (in dollars per share) $ 0.39   $ 0.36   $ 0.76 $ 0.75  
Dividends declared per common share (in dollars per share) $ 0.53   $ 0.52   $ 1.06 $ 1.04  
Basic and diluted earnings per common unit              
Net Income $ 89,460   $ 82,432   $ 172,210 $ 171,177  
Net loss attributable to noncontrolling interests in subsidiaries 520   929   1,014 1,834  
Net income attributable to CubeSmart L.P. $ 89,980   $ 83,361   $ 173,224 $ 173,011  
Weighted average basic units outstanding (in shares) 227,758,000   229,852,000   228,274,000 229,842,000  
Share options and restricted share units (in shares) 415,000   566,000   387,000 573,000  
Weighted average diluted shares outstanding (in shares) 228,173,000   230,418,000   228,661,000 230,415,000  
Basic earnings per unit attributable to common unitholders (in dollars per share) $ 0.4   $ 0.36   $ 0.76 $ 0.75  
Diluted earnings per share attributable to common shareholders (in dollars per share) 0.39   0.36   0.76 0.75  
Dividends declared per common unit (in dollars per unit) $ 0.53 $ 0.53 $ 0.52 $ 0.52 $ 0.53 $ 0.52  
Potentially dilutive shares not included in the earnings per share calculation as their effect is antidilutive (in shares) 1,900,000   1,400,000   1,900,000 1,400,000  
Dividends declared per common share (in dollars per share) $ 0.53   $ 0.52   $ 1.06 $ 1.04  
Outstanding units of noncontrolling interest in the Operating Partnership (in shares) 984,229   1,103,240   984,229 1,103,240 1,003,240