The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 82,416 | 171,177 |
| Depreciation and amortization, including amortization of loan procurement costs | 67,946 | 128,086 |
| Non-cash portion of interest expense related to finance leases | -24 | -32 |
| Equity in earnings of real estate ventures | 648 | 926 |
| Cash distributed from real estate ventures | 1,062 | 2,010 |
| Equity compensation expense | 2,889 | 5,712 |
| Accretion of fair market value adjustment of debt | -83 | -22 |
| Other assets | -4,732 | 11,658 |
| Accounts payable and accrued expenses | 10,266 | 6,839 |
| Other liabilities | -501 | 2,570 |
| Net cash provided by operating activities | 168,221 | 303,800 |
| Additions and improvements to storage properties | 14,205 | 24,146 |
| Development costs | 7,259 | 18,264 |
| Cash paid for partner's interest in real estate venture, net of cash acquired | 0 | 451,141 |
| Investments in real estate ventures | -827 | - |
| Cash distributed from real estate ventures | 733 | 2,156 |
| Net cash used in investing activities | -21,558 | -491,395 |
| Unsecured senior notes | 443,952 | - |
| Revolving credit facility | 144,511 | 745,041 |
| Revolving credit facility | 510,811 | 378,741 |
| Mortgage loans and notes payable | 295 | 590 |
| Loan procurement costs | 3,933 | - |
| Issuance of common shares, net | -111 | -289 |
| Payments upon net settlement of equity compensation | 20 | 3,230 |
| Exercise of stock options | 0 | 1,669 |
| Contributions from noncontrolling interests in subsidiaries | 303 | - |
| Distributions paid to noncontrolling interests in subsidiaries | 157 | 277 |
| Distributions paid to common shareholders | 119,103 | 238,104 |
| Distributions paid to noncontrolling interests in operating partnership | 574 | 1,215 |
| Net cash provided by (used in) financing activities | -46,238 | 124,264 |
| Change in cash, cash equivalents and restricted cash | 100,425 | -63,331 |
| Cash and cash equivalents at beginning of period | 77,663 | - |
| Cash and cash equivalents at end of period | 114,757 | - |
CubeSmart (CUBE)
CubeSmart (CUBE)