CONSOLIDATED STATEMENTS OF OPERATIONS (LP cube) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
REVENUES        
Rental income $ 125,699 $ 116,416 $ 363,980 $ 332,951
Other property related income 14,241 13,007 41,104 37,413
Property management fee income 3,925 2,673 10,377 7,129
Total revenues 143,865 132,096 415,461 377,493
OPERATING EXPENSES        
Property operating expenses 47,152 41,805 136,847 123,631
Depreciation and amortization 35,971 41,827 110,826 122,631
General and administrative 8,228 8,065 26,522 24,184
Acquisition related costs 235 888 1,062 5,793
Total operating expenses 91,586 92,585 275,257 276,239
OPERATING INCOME 52,279 39,511 140,204 101,254
Interest:        
Interest expense on loans (14,454) (12,787) (42,028) (37,071)
Loan procurement amortization expense (577) (655) (2,059) (1,871)
Equity in losses of real estate ventures (280) (581) (1,305) (1,817)
Other 741 (397) 941 834
Total other expense (14,570) (14,420) (44,451) (39,925)
NET INCOME 37,709 25,091 95,753 61,329
NET LOSS (INCOME) ATTRIBUTABLE TO NONCONTROLLING INTERESTS        
Noncontrolling interest in subsidiaries 78 76 182 411
Operating Partnership interests of third parties (490) (283) (1,194) (682)
Distribution to preferred unitholders   (1,502)   (4,506)
NET INCOME ATTRIBUTABLE TO THE COMPANY'S COMMON SHAREHOLDERS $ 37,297 $ 23,382 $ 94,741 $ 56,552
Diluted - as reported (in dollars per share) $ 0.21 $ 0.13 $ 0.52 $ 0.32
Weighted-average basic units outstanding (in units) 180,304 179,223 180,218 177,639
Weighted-average diluted units outstanding (in units) 181,286 180,478 181,225 178,937
CubeSmart, L.P. and Subsidiaries        
REVENUES        
Rental income $ 125,699 $ 116,416 $ 363,980 $ 332,951
Other property related income 14,241 13,007 41,104 37,413
Property management fee income 3,925 2,673 10,377 7,129
Total revenues 143,865 132,096 415,461 377,493
OPERATING EXPENSES        
Property operating expenses 47,152 41,805 136,847 123,631
Depreciation and amortization 35,971 41,827 110,826 122,631
General and administrative 8,228 8,065 26,522 24,184
Acquisition related costs 235 888 1,062 5,793
Total operating expenses 91,586 92,585 275,257 276,239
OPERATING INCOME 52,279 39,511 140,204 101,254
Interest:        
Interest expense on loans (14,454) (12,787) (42,028) (37,071)
Loan procurement amortization expense (577) (655) (2,059) (1,871)
Equity in losses of real estate ventures (280) (581) (1,305) (1,817)
Other 741 (397) 941 834
Total other expense (14,570) (14,420) (44,451) (39,925)
NET INCOME 37,709 25,091 95,753 61,329
NET LOSS (INCOME) ATTRIBUTABLE TO NONCONTROLLING INTERESTS        
Noncontrolling interest in subsidiaries 78 76 182 411
NET INCOME ATTRIBUTABLE TO CUBESMART L.P. 37,787 25,167 95,935 61,740
Operating Partnership interests of third parties (490) (283) (1,194) (682)
NET INCOME ATTRIBUTABLE TO OPERATING PARTNER 37,297 24,884 94,741 61,058
Distribution to preferred unitholders   (1,502)   (4,506)
NET INCOME ATTRIBUTABLE TO THE COMPANY'S COMMON SHAREHOLDERS $ 37,297 $ 23,382 $ 94,741 $ 56,552
Basic earnings per unit attributable to common unitholders $ 0.21 $ 0.13 $ 0.53 $ 0.32
Diluted - as reported (in dollars per share) $ 0.21 $ 0.13 $ 0.52 $ 0.32
Weighted-average basic units outstanding (in units) 180,304 179,223 180,218 177,639
Weighted-average diluted units outstanding (in units) 181,286 180,478 181,225 178,937