NONCONTROLLING INTERESTS (Tables)

12 Months Ended

Dec. 31, 2023

NONCONTROLLING INTERESTS

Schedule of noncontrolling interests in subsidiaries

		CubeSmart	December 31, 2023
	Number	Ownership	Total		Total		Related Party
Consolidated Joint Ventures	of Stores	Interest	Assets		Liabilities		Loans (1)
			(in thousands)
New Rochelle Investors, LLC ("New Rochelle")	1	70%	$	23,732	$	283	$	—
1074 Raritan Road, LLC ("Clark")	1	90%		12,556		6,344		4,924
350 Main Street, LLC ("Port Chester")	1	90%		5,860		15		—
Astoria Investors, LLC ("Astoria")	1	70%		42,168		27,636		25,164
CS Lock Up Anoka, LLC ("Anoka")	1	50%		10,330		5,585		5,540
CS Valley Forge Village Storage, LLC ("VFV")	1	70%		20,319		15,859		15,771
CS Vienna, LLC ("Vienna")	1	80%		30,504		35,157		34,875
SH3, LLC ("SH3")	1	90%		37,122		272		—
	8		$	182,591	$	91,151	$	86,274

(1) Related party loans represent amounts payable from the joint venture to the Company and are included in total liabilities within the table above. The loans and related party interest have been eliminated for consolidation purposes.