CUBE: the balance sheet

MyFinsight

For the year ending 2025-12-31, CUBE has $6,643,193K in assets. $3,861,117K in debts. $5,782K in cash and cash equivalents.

Balance Sheets	2025-12-31
Storage properties	8,134,189
Less accumulated depreciation	1,758,340
Storage properties, net	6,375,849
Cash and cash equivalents	5,782
Restricted cash	4,451
Loan procurement costs, net of amortization	1,803
Investment in real estate ventures, at equity	74,034
Other assets, net	181,274
Total assets	6,643,193

Unsecured senior notes, net	2,925,103
Revolving credit facility	378,800
Mortgage loans and notes payable, net	98,859
Lease liabilities - finance leases	65,579
Accounts payable, accrued expenses and other liabilities	229,666
Distributions payable	121,519
Deferred revenue	41,591
Total liabilities	3,861,117
Noncontrolling interests in the operating partnership	36,167
Common shares .01 par value, 400,000,000 shares authorized, 227,269,217 and 227,764,975 shares issued and outstanding at december 31, 2025 and december 31, 2024, respectively	2,273
Additional paid-in capital	4,302,554
Accumulated other comprehensive loss	-249
Accumulated deficit	-1,585,135
Total cubesmart shareholders' equity	2,719,443
Noncontrolling interests in subsidiaries	26,466
Total equity	2,745,909
Total liabilities and equity	6,643,193

Unit: Thousand (K) dollars (except for numbers of shares and EPS).