NONCONTROLLING INTERESTS (Tables)

3 Months Ended

Mar. 31, 2024

NONCONTROLLING INTERESTS

Schedule of noncontrolling interests in subsidiaries

		CubeSmart	March 31, 2024
	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%	$	24,855	$	1,253	$	599
1074 Raritan Road, LLC ("Clark")	1	90%		14,141		7,931		6,642
350 Main Street, LLC ("Port Chester")	1	90%		5,862		19		—
Astoria Investors, LLC ("Astoria")	1	70%		43,338		28,937		27,397
CS Lock Up Anoka, LLC ("Anoka")	1	50%		10,216		5,625		5,540
CS Valley Forge Village Storage, LLC ("VFV")	1	70%		19,149		14,873		14,792
CS Vienna, LLC ("Vienna")	1	80%		30,200		35,325		34,875
SH3, LLC ("SH3")	1	90%		36,621		521		—
	8		$	184,382	$	94,484	$	89,845

(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.