| Summary of the financial position of the HHFNE, HVP and HHF ventures |
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September 30,
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December 31,
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2017
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2016
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Assets
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Storage properties, net
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$
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646,131
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$
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667,975
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Other assets
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12,820
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17,003
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Total assets
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$
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658,951
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$
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684,978
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Liabilities and equity
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Other liabilities
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$
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10,812
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$
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6,516
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Debt
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346,272
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345,631
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Equity
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CubeSmart
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91,455
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98,682
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Joint venture partners
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210,412
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234,149
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Total liabilities and equity
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$
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658,951
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$
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684,978
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| Summary of results of operations of the HHFNE, HVP and HHF ventures |
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Three Months Ended September 30,
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Nine Months Ended September 30,
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2017
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2016
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2017
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2016
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Total revenues
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$
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20,796
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$
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17,919
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$
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60,415
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$
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46,902
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Operating expenses
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8,646
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7,098
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26,167
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20,958
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Interest expense, net
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2,942
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2,506
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8,760
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6,831
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Depreciation and amortization
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10,426
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14,960
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34,826
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39,147
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Net loss
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$
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(1,218)
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$
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(6,645)
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$
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(9,338)
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$
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(20,034)
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Company’s share of net loss
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$
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(280)
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$
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(581)
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$
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(1,305)
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$
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(1,817)
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