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CONSOLIDATED STATEMENTS OF CAPITAL (LP cube) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2020
Mar. 31, 2020
Jun. 30, 2019
Mar. 31, 2019
Jun. 30, 2020
Dec. 31, 2019
Increase (Decrease) in Partners' Capital            
Balance of Noncontrolling Interests in the Operating Partnership   $ 62,088     $ 62,088  
Contributions from noncontrolling interests in subsidiaries       $ 4,828    
Distributions paid to noncontrolling interests in subsidiaries $ (42) (59) $ (8) (66)    
Acquisition of noncontrolling interest in subsidiary     (27,618) (10,000)    
Adjustment for Operating Partnership interests of third parties (615) 7,976 (2,713) (6,681) 7,400 $ 5,900
Net income (loss) 38,543 37,934 49,379 35,428    
Other comprehensive income, net 20 20 20 240    
Balance of Noncontrolling Interests in the Operating Partnership 51,407       51,407 62,088
Noncontrolling Interests in Operating Partnership            
Increase (Decrease) in Partners' Capital            
Balance of Noncontrolling Interests in the Operating Partnership 53,845 62,088 60,414 55,819 62,088 55,819
Adjustment for Operating Partnership interests of third parties 615 (7,976) 2,713 6,681    
Net income (loss) 389 383 499 358    
Other comprehensive income, net       2    
Balance of Noncontrolling Interests in the Operating Partnership 51,407 53,845 62,385 60,414 51,407 62,088
Cubesmart, L P and Subsidiaries            
Increase (Decrease) in Partners' Capital            
Balance 1,790,290 1,807,336 1,708,560 1,716,449 1,807,336 1,716,449
Balance of Noncontrolling Interests in the Operating Partnership   62,088     62,088  
Contributions from noncontrolling interests in subsidiaries       4,828    
Distributions paid to noncontrolling interests in subsidiaries (42) (59) (8) (66)    
Issuance of common OP units (70) (118)        
Acquisition of noncontrolling interest in subsidiary     (27,618) (10,000)    
Issuance of common OP units     110,521 24,580    
Conversion from OP units to shares 2,824   644 1,842    
Exercise of OP unit options 135   962 1,049    
Amortization of restricted OP units 1,249 710 1,231 798    
OP unit compensation expense 464 530 439 468    
Adjustment for Operating Partnership interests of third parties (615) 7,976 (2,713) (6,681)    
Net income (loss) 38,543 37,934 49,379 35,428    
Other comprehensive income, net 20 20 20 240    
Common OP unit distributions (64,081) (64,039) (61,431) (60,375)    
Balance 1,768,717 1,790,290 1,779,986 1,708,560 1,768,717 1,807,336
Balance of Noncontrolling Interests in the Operating Partnership 51,407       51,407 62,088
Cubesmart, L P and Subsidiaries | Noncontrolling Interests in Operating Partnership            
Increase (Decrease) in Partners' Capital            
Balance of Noncontrolling Interests in the Operating Partnership 53,845 62,088 60,414 55,819 62,088 55,819
Conversion from OP units to shares (2,824)   (644) (1,842)    
Adjustment for Operating Partnership interests of third parties 615 (7,976) 2,713 6,681    
Net income (loss) 389 383 499 358    
Other comprehensive income, net       2    
Common OP unit distributions (618) (650) (597) (604)    
Balance of Noncontrolling Interests in the Operating Partnership 51,407 53,845 62,385 60,414 51,407 62,088
Cubesmart, L P and Subsidiaries | Total Shareholders' Equity            
Increase (Decrease) in Partners' Capital            
Balance 1,782,321 1,799,346 1,697,369 1,709,678 1,799,346 1,709,678
Issuance of common OP units (70) (118)        
Acquisition of noncontrolling interest in subsidiary     (22,573) (9,728)    
Issuance of common OP units     110,521 24,580    
Conversion from OP units to shares 2,824   644 1,842    
Exercise of OP unit options 135   962 1,049    
Amortization of restricted OP units 1,249 710 1,231 798    
OP unit compensation expense 464 530 439 468    
Adjustment for Operating Partnership interests of third parties (615) 7,976 (2,713) (6,681)    
Net income (loss) 38,505 37,896 49,420 35,498    
Other comprehensive income, net 20 20 20 240    
Common OP unit distributions (64,081) (64,039) (61,431) (60,375)    
Balance 1,760,752 1,782,321 1,773,889 1,697,369 1,760,752 1,799,346
Cubesmart, L P and Subsidiaries | Operating Partner            
Increase (Decrease) in Partners' Capital            
Balance $ 1,783,030 $ 1,800,075 $ 1,698,158 $ 1,710,707 $ 1,800,075 $ 1,710,707
Balance (in units) 193,587 193,557 188,137 187,145 193,557 187,145
Issuance of common OP units $ (70) $ (118)        
Acquisition of noncontrolling interest in subsidiary     $ (22,573) $ (9,728)    
Issuance of common OP units     $ 110,521 $ 24,580    
Issuance of common OP units (in units)     3,353 773    
Issuance of restricted OP units (in units) 28 30 31 19    
Conversion from OP units to shares $ 2,824   $ 644 $ 1,842    
Conversion from OP units to shares (in units) 100   20 60    
Exercise of OP unit options $ 135   $ 962 $ 1,049    
Exercise of OP unit options (in units) 14   85 140    
Amortization of restricted OP units $ 1,249 $ 710 $ 1,231 $ 798    
OP unit compensation expense 464 530 439 468    
Adjustment for Operating Partnership interests of third parties (615) 7,976 (2,713) (6,681)    
Net income (loss) 38,505 37,896 49,420 35,498    
Common OP unit distributions (64,081) (64,039) (61,431) (60,375)    
Balance $ 1,761,441 $ 1,783,030 $ 1,774,658 $ 1,698,158 $ 1,761,441 $ 1,800,075
Balance (in units) 193,729 193,587 191,626 188,137 193,729 193,557
Cubesmart, L P and Subsidiaries | Accumulated Other Comprehensive (Loss) Income            
Increase (Decrease) in Partners' Capital            
Balance $ (709) $ (729) $ (789) $ (1,029) $ (729) $ (1,029)
Other comprehensive income, net 20 20 20 240    
Balance (689) (709) (769) (789) (689) (729)
Cubesmart, L P and Subsidiaries | Noncontrolling Interest in Subsidiaries            
Increase (Decrease) in Partners' Capital            
Balance 7,969 7,990 11,191 6,771 7,990 6,771
Contributions from noncontrolling interests in subsidiaries       4,828    
Distributions paid to noncontrolling interests in subsidiaries (42) (59) (8) (66)    
Acquisition of noncontrolling interest in subsidiary     (5,045) (272)    
Net income (loss) 38 38 (41) (70)    
Balance $ 7,965 $ 7,969 $ 6,097 $ 11,191 $ 7,965 $ 7,990