| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Storage properties | 8,142,043 | 8,134,189 | 8,108,076 | 8,098,390 |
| Less accumulated depreciation | 1,804,268 | 1,758,340 | 1,730,103 | 1,684,787 |
| Storage properties, net | 6,337,775 | 6,375,849 | 6,377,973 | 6,413,603 |
| Cash and cash equivalents | 7,258 | 5,782 | 108,393 | 8,741 |
| Restricted cash | 2,212 | 4,451 | 6,364 | 5,591 |
| Loan procurement costs, net of amortization | 1,503 | 1,803 | 1,781 | 2,098 |
| Investment in real estate ventures, at equity | 74,884 | 74,034 | 74,320 | 74,640 |
| Other assets, net | 174,504 | 181,274 | 188,827 | 204,647 |
| Total assets | 6,598,136 | 6,643,193 | 6,757,658 | 6,709,320 |
| Unsecured senior notes, net | 2,926,318 | 2,925,103 | 3,223,866 | 2,782,701 |
| Revolving credit facility | 415,100 | 378,800 | NaN | 366,300 |
| Mortgage loans and notes payable, net | 98,249 | 98,859 | 204,681 | 205,092 |
| Lease liabilities - finance leases | 65,534 | 65,579 | 65,612 | 65,636 |
| Accounts payable, accrued expenses and other liabilities | 224,474 | 229,666 | 246,162 | 237,415 |
| Distributions payable | 121,095 | 121,519 | 119,676 | 119,678 |
| Deferred revenue | 42,707 | 41,591 | 42,723 | 43,224 |
| Total liabilities | 3,893,477 | 3,861,117 | 3,902,720 | 3,820,046 |
| Noncontrolling interests in the operating partnership | 36,072 | 36,167 | 44,858 | 46,888 |
| Common shares .01 par value, 400,000,000 shares authorized, 226,465,557 and 227,269,217 shares issued and outstanding at march 31, 2026 and december 31, 2025, respectively | 2,265 | 2,273 | 2,280 | 2,280 |
| Additional paid-in capital | 4,304,254 | 4,302,554 | 4,295,941 | 4,293,182 |
| Accumulated other comprehensive loss | -229 | -249 | -270 | -290 |
| Accumulated deficit | -1,657,027 | -1,585,135 | -1,515,815 | -1,481,494 |
| Total cubesmart shareholders' equity | 2,649,263 | 2,719,443 | 2,782,136 | 2,813,678 |
| Noncontrolling interests in subsidiaries | 19,324 | 26,466 | 27,944 | 28,708 |
| Total equity | 2,668,587 | 2,745,909 | 2,810,080 | 2,842,386 |
| Total liabilities and equity | 6,598,136 | 6,643,193 | 6,757,658 | 6,709,320 |
CubeSmart (CUBE)
CubeSmart (CUBE)