$CUBE
CubeSmart Stock $cube

$cube Overview Financials Valuation SEC Filings Company Website

2013 Q4 Form 10-K Financial Statement

#000110465914014848 Filed on February 28, 2014

Income Statement

Concept	2013 Q4	2013	2012 Q4
Revenue	$82.96M	$318.4M	$73.08M
YoY Change	13.53%	19.55%	19.15%
Cost Of Revenue	$30.30M	$118.2M	$26.70M
YoY Change	13.48%	14.24%	15.58%
Gross Profit	$51.70M	$200.2M	$45.50M
YoY Change	13.63%	22.93%	26.74%
Gross Profit Margin	62.32%	62.87%	62.26%
Selling, General & Admin	$7.100M	$29.60M	$6.500M
YoY Change	9.23%	13.41%	3.17%
% of Gross Profit	13.73%	14.79%	14.29%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$27.30M	$112.3M	$32.70M
YoY Change	-16.51%	2.26%	46.64%
% of Gross Profit	52.8%	56.11%	71.87%
Operating Expenses	$33.40M	$141.9M	$37.40M
YoY Change	-10.7%	4.42%	39.55%
Operating Profit	$18.30M	$58.30M	$8.100M
YoY Change	125.93%	116.94%	-10.99%
Interest Expense	-$11.50M	-$44.00M	-$11.30M
YoY Change	1.77%	17.96%	-28.48%
% of Operating Profit	-62.84%	-75.48%	-139.51%
Other Income/Expense, Net	$300.0K	$8.000K	$300.0K
YoY Change	0.0%	-96.88%	0.0%
Pretax Income	$5.400M	$10.40M	-$3.700M
YoY Change	-245.95%	-178.2%	-61.46%
Income Tax	$0.00	$0.00	$0.00
% Of Pretax Income	0.0%	0.0%
Net Earnings	$22.95M	$41.45M	$1.481M
YoY Change	1449.49%	2181.12%	-118.49%
Net Earnings / Revenue	27.66%	13.02%	2.03%
Basic Earnings Per Share		$0.26
Diluted Earnings Per Share	$0.15	$0.26	$0.00
COMMON SHARES
Basic Shares Outstanding	139.1M shares	135.2M shares	129.3M shares
Diluted Shares Outstanding		137.7M shares

Balance Sheet

Concept	2013 Q4	2013	2012 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$3.200M	$3.200M	$4.500M
YoY Change	-28.89%	-28.89%	-50.55%
Cash & Equivalents	$3.176M	$3.200M	$4.495M
Short-Term Investments
Other Short-Term Assets		$3.200M
YoY Change		-5.88%
Inventory
Prepaid Expenses
Receivables		$5.000M
Other Receivables		$0.00
Total Short-Term Assets	$3.200M	$11.40M	$4.500M
YoY Change	-28.89%	-37.02%	-50.55%
LONG-TERM ASSETS
Property, Plant & Equipment	$2.155B	$2.155B	$2.090B
YoY Change	3.13%	3.13%	16.83%
Goodwill
YoY Change
Intangibles	$9.463M		$21.67M
YoY Change	-56.33%		-6.53%
Long-Term Investments	$156.3M	$156.3M	$0.00
YoY Change			-100.0%
Other Assets	$16.70M	$16.70M	$14.30M
YoY Change	16.78%	16.78%	-26.29%
Total Long-Term Assets	$2.355B	$2.347B	$2.146B
YoY Change	9.77%	10.08%	14.94%
TOTAL ASSETS
Total Short-Term Assets	$3.200M	$11.40M	$4.500M
Total Long-Term Assets	$2.355B	$2.347B	$2.146B
Total Assets	$2.359B	$2.359B	$2.150B
YoY Change	9.69%	9.69%	14.62%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$57.60M	$57.60M	$60.70M
YoY Change	-5.11%	-5.11%	19.02%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$77.90M	$77.90M	$77.60M
YoY Change	0.39%	0.39%	23.37%
LONG-TERM LIABILITIES
Long-Term Debt	$1.139B	$1.139B	$1.024B
YoY Change	11.23%	11.23%	34.99%
Other Long-Term Liabilities	$12.40M	$12.40M	$11.10M
YoY Change	11.71%	11.71%	15.63%
Total Long-Term Liabilities	$1.151B	$1.151B	$1.035B
YoY Change	11.24%	11.24%	34.75%
TOTAL LIABILITIES
Total Short-Term Liabilities	$77.90M	$77.90M	$77.60M
Total Long-Term Liabilities	$1.151B	$1.151B	$1.035B
Total Liabilities	$1.229B	$1.266B	$1.112B
YoY Change	10.49%	9.12%	33.88%
SHAREHOLDERS EQUITY
Retained Earnings	-$440.8M		-$410.2M
YoY Change	7.46%		19.94%
Common Stock	$1.393M		$1.318M
YoY Change	5.69%		7.94%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.092B	$1.092B	$989.8M
YoY Change
Total Liabilities & Shareholders Equity	$2.359B	$2.359B	$2.150B
YoY Change	9.69%	9.69%	14.62%

Cashflow Statement

Concept	2013 Q4	2013	2012 Q4
OPERATING ACTIVITIES
Net Income	$22.95M	$41.45M	$1.481M
YoY Change	1449.49%	2181.12%	-118.49%
Depreciation, Depletion And Amortization	$27.30M	$112.3M	$32.70M
YoY Change	-16.51%	2.26%	46.64%
Cash From Operating Activities	$39.00M	$142.9M	$32.30M
YoY Change	20.74%	20.63%	62.31%
INVESTING ACTIVITIES
Capital Expenditures	$55.20M	$201.9M	$35.60M
YoY Change	55.06%	-18.39%	-90.85%
Acquisitions
YoY Change
Other Investing Activities	-$97.50M	-$81.00M	$24.40M
YoY Change	-499.59%	230.61%	1255.56%
Cash From Investing Activities	-$152.6M	-$282.9M	-$11.20M
YoY Change	1262.5%	4.04%	-97.11%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net		$100.3M
YoY Change		-1.75%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	113.9M	$138.7M	-19.30M
YoY Change	-690.16%	-6.84%	-105.3%
NET CHANGE
Cash From Operating Activities	39.00M	$142.9M	32.30M
Cash From Investing Activities	-152.6M	-$282.9M	-11.20M
Cash From Financing Activities	113.9M	$138.7M	-19.30M
Net Change In Cash	300.0K	-$1.319M	1.800M
YoY Change	-83.33%	-71.16%	-151.43%
FREE CASH FLOW
Cash From Operating Activities	$39.00M	$142.9M	$32.30M
Capital Expenditures	$55.20M	$201.9M	$35.60M
Free Cash Flow	-$16.20M	-$59.04M	-$3.300M
YoY Change	390.91%	-54.22%	-99.11%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2013	cube	Net Income Loss From Continuing Operations Attributable To Redeemable Noncontrolling Interest NetIncomeLossFromContinuingOperationsAttributableToRedeemableNoncontrollingInterest	51000	USD
CY2013	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	segment
CY2013	cube	Common Stock Conversion Ratio CommonStockConversionRatio	1	pure
CY2013Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	4957000	USD
CY2012Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	10209000	USD
CY2013Q4	us-gaap	Prepaid Insurance PrepaidInsurance	1304000	USD
CY2013	cube	Federal Excise Tax Rate FederalExciseTaxRate	0.04	pure
CY2013	cube	Percentage Of Ordinary Income Considered For Calculation Of Excise Tax PercentageOfOrdinaryIncomeConsideredForCalculationOfExciseTax	0.85	pure
CY2013	cube	Percentage Of Capital Gain Considered For Calculation Of Excise Tax PercentageOfCapitalGainConsideredForCalculationOfExciseTax	0.95	pure
CY2013	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="MARGIN: 0in 0in 0pt;"><b><i><font style="FONT-STYLE: italic; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold;" size="2">Concentration</font></i></b><b><i><font style="FONT-STYLE: italic; FONT-SIZE: 10pt; FONT-WEIGHT: bold;" size="2">of Credit Risk</font></i></b></p> <p style="MARGIN: 0in 0in 0pt;"> </p> <p style="TEXT-INDENT: 9pt; MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">The Company’s storage facilities are located in major metropolitan and rural areas and have numerous customers per facility.  No single customer represents a significant concentration of our revenues.  The facilities in New York, Florida, Texas, and California provided total revenues of approximately 17%, 15%, 10% and 9%, respectively, for the year ended December 31, 2013.  The facilities in New York, Florida, California, and Texas provided total revenues of approximately 16%, 15%, 10% and 10%, respectively, for the year ended December 31, 2012.  The facilities in Florida, California, Texas and Illinois provided total revenues of approximately 17%, 12%, 10% and 7%, respectively, for the year ended December 31, 2011.</font></p> <p style="MARGIN: 0in 0in 0pt;"> </p> </div>
CY2013	cube	Disposal Group Including Discontinued Operation Expected Timing Of Disposal DisposalGroupIncludingDiscontinuedOperationExpectedTimingOfDisposal	P1Y
CY2013Q4	us-gaap	Foreign Currency Exchange Rate Translation1 ForeignCurrencyExchangeRateTranslation1	1.657413	pure
CY2013Q4	us-gaap	Deferred Finance Costs Gross DeferredFinanceCostsGross	17300000	USD
CY2012Q4	us-gaap	Deferred Finance Costs Gross DeferredFinanceCostsGross	11700000	USD
CY2013Q4	us-gaap	Accumulated Amortization Deferred Finance Costs AccumulatedAmortizationDeferredFinanceCosts	4600000	USD
CY2012Q4	us-gaap	Accumulated Amortization Deferred Finance Costs AccumulatedAmortizationDeferredFinanceCosts	3400000	USD
CY2013Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	9463000	USD
CY2012Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	21670000	USD
CY2013Q4	us-gaap	Deposits Assets DepositsAssets	1287000	USD
CY2012Q4	us-gaap	Prepaid Insurance PrepaidInsurance	1805000	USD
CY2013Q4	us-gaap	Prepaid Taxes PrepaidTaxes	1893000	USD
CY2012Q4	us-gaap	Prepaid Taxes PrepaidTaxes	1556000	USD
CY2013Q4	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	8352000	USD
CY2012Q4	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	6554000	USD
CY2013Q4	us-gaap	Other Assets OtherAssets	27256000	USD
CY2012Q4	us-gaap	Other Assets OtherAssets	41794000	USD
CY2013	us-gaap	Marketing And Advertising Expense MarketingAndAdvertisingExpense	7600000	USD
CY2012	us-gaap	Marketing And Advertising Expense MarketingAndAdvertisingExpense	8100000	USD
CY2011	us-gaap	Marketing And Advertising Expense MarketingAndAdvertisingExpense	6900000	USD
CY2013	cube	Equity Offering Costs EquityOfferingCosts	1800000	USD
CY2012	cube	Equity Offering Costs EquityOfferingCosts	1700000	USD
CY2011	cube	Equity Offering Costs EquityOfferingCosts	800000	USD
CY2013	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	900000	USD
CY2013Q4	us-gaap	Real Estate Federal Income Tax Basis RealEstateFederalIncomeTaxBasis	2200000000	USD
CY2012Q4	us-gaap	Real Estate Federal Income Tax Basis RealEstateFederalIncomeTaxBasis	1900000000	USD
CY2013	cube	Ordinary Income Distributions Paid Percentage OrdinaryIncomeDistributionsPaidPercentage	0.559082	pure
CY2013	cube	Capital Gain Distributions Paid Percentage CapitalGainDistributionsPaidPercentage	0.440918	pure
CY2013	us-gaap	Preferred Stock Dividend Rate Percentage PreferredStockDividendRatePercentage	0.0775	pure
CY2012	us-gaap	Preferred Stock Dividend Rate Percentage PreferredStockDividendRatePercentage	0.0775	pure
CY2013	cube	Preferred Stock Ordinary Income Distributions Paid Percentage PreferredStockOrdinaryIncomeDistributionsPaidPercentage	0.657893	pure
CY2013	cube	Preferred Stock Capital Gain Distributions Paid Percentage PreferredStockCapitalGainDistributionsPaidPercentage	0.342107	pure
CY2013	cube	Percentage Of Prior Year Taxable Income Considered For Calculation Of Excise Tax PercentageOfPriorYearTaxableIncomeConsideredForCalculationOfExciseTax	1.00	pure
CY2012Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense DeferredTaxAssetsTaxDeferredExpense	700000	USD
CY2013Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense DeferredTaxAssetsTaxDeferredExpense	700000	USD
CY2011	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1378000	shares
CY2012	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	2000000	shares
CY2012Q4	us-gaap	Foreign Currency Exchange Rate Translation1 ForeignCurrencyExchangeRateTranslation1	1.625924	pure
CY2012	cube	Foreign Currency Exchange Rate Translation Average Rate ForeignCurrencyExchangeRateTranslationAverageRate	1.585074
CY2013	cube	Foreign Currency Exchange Rate Translation Average Rate ForeignCurrencyExchangeRateTranslationAverageRate	1.588598
CY2011	cube	Foreign Currency Exchange Rate Translation Average Rate ForeignCurrencyExchangeRateTranslationAverageRate	1.603770
CY2011	us-gaap	Foreign Currency Transaction Gain Loss Unrealized ForeignCurrencyTransactionGainLossUnrealized	200000	USD
CY2012	us-gaap	Foreign Currency Transaction Gain Loss Unrealized ForeignCurrencyTransactionGainLossUnrealized	200000	USD
CY2013	us-gaap	Foreign Currency Transaction Gain Loss Unrealized ForeignCurrencyTransactionGainLossUnrealized	100000	USD
CY2013Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	2553706000	USD
CY2012Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	2443022000	USD
CY2013Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	398536000	USD
CY2012Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	353315000	USD
CY2013Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	2155170000	USD
CY2012Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	2089707000	USD
CY2013Q4	cube	Debt Instrument Unamortized Fair Value Adjustment DebtInstrumentUnamortizedFairValueAdjustment	-3674000	USD
CY2012Q4	cube	Debt Instrument Unamortized Fair Value Adjustment DebtInstrumentUnamortizedFairValueAdjustment	-4326000	USD
CY2013Q4	us-gaap	Notes And Loans Payable NotesAndLoansPayable	200218000	USD
CY2012Q4	us-gaap	Notes And Loans Payable NotesAndLoansPayable	228759000	USD
CY2013Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	57599000	USD
CY2013Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	5214000	USD
CY2013Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	95397000	USD
CY2013Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	21342000	USD
CY2013Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	1915000	USD
CY2013Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	2026000	USD
CY2013Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive	70650000	USD
CY2013Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	196544000	USD
CY2013Q4	us-gaap	Debt Instrument Unamortized Discount Premium Net DebtInstrumentUnamortizedDiscountPremiumNet	-3674000	USD
CY2012Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-19796000	USD
CY2013Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-11014000	USD
CY2013	cube	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	2622000	USD
CY2013	cube	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	-6160000	USD
CY2013	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	8782000	USD
CY2013	us-gaap	Derivative Instruments Loss Reclassified From Accumulated Oci Into Income Effective Portion DerivativeInstrumentsLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortion	6200000	USD
CY2013	us-gaap	Derivative Instruments Gain Loss Reclassification From Accumulated Oci To Income Estimated Net Amount To Be Transferred DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimatedNetAmountToBeTransferred	6100000	USD
CY2012	us-gaap	Minority Interest In Net Income Loss Other Minority Interests MinorityInterestInNetIncomeLossOtherMinorityInterests	1918000	USD
CY2011	us-gaap	Minority Interest In Net Income Loss Other Minority Interests MinorityInterestInNetIncomeLossOtherMinorityInterests	2810000	USD
CY2013	us-gaap	Minority Interest In Net Income Loss Other Minority Interests MinorityInterestInNetIncomeLossOtherMinorityInterests	-42000	USD
CY2013	cube	Acreage Of Real Estate Property AcreageOfRealEstateProperty	50	acre
CY2013	cube	Disposal Group Including Discontinued Operations Number Of Real Estate Properties DisposalGroupIncludingDiscontinuedOperationsNumberOfRealEstateProperties	35	property
CY2012	cube	Disposal Group Including Discontinued Operations Number Of Real Estate Properties DisposalGroupIncludingDiscontinuedOperationsNumberOfRealEstateProperties	26	property
CY2011	cube	Disposal Group Including Discontinued Operations Number Of Real Estate Properties DisposalGroupIncludingDiscontinuedOperationsNumberOfRealEstateProperties	19	property
CY2013	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	2200000	USD
CY2012	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	1200000	USD
CY2011	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	300000	USD
CY2013Q4	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	1336000	USD
CY2013Q4	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	1329000	USD
CY2013Q4	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	1329000	USD
CY2013Q4	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	1242000	USD
CY2013Q4	us-gaap	Operating Leases Future Minimum Payments Due Thereafter OperatingLeasesFutureMinimumPaymentsDueThereafter	64836000	USD
CY2013Q4	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	71401000	USD
CY2013Q4	cube	Commitments And Contingencies Future Milestone Payments CommitmentsAndContingenciesFutureMilestonePayments	54300000	USD
CY2011	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	-13400000	USD
CY2013	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	10409000	USD
CY2012	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	6008000	USD
CY2011	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	1218000	USD
CY2013	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	6008000	USD
CY2012	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-20689000	USD
CY2011	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	-16734000	USD
CY2013	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	4392000	USD
CY2012	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	16904000	USD
CY2011	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	15847000	USD
CY2013	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	31585000	USD
CY2011	cube	Net Income Loss From Discontinued Operations Attributable To Redeemable Noncontrolling Interest NetIncomeLossFromDiscontinuedOperationsAttributableToRedeemableNoncontrollingInterest	729000	USD
CY2012	cube	Net Income Loss From Discontinued Operations Attributable To Redeemable Noncontrolling Interest NetIncomeLossFromDiscontinuedOperationsAttributableToRedeemableNoncontrollingInterest	406000	USD
CY2013	cube	Net Income Loss From Discontinued Operations Attributable To Redeemable Noncontrolling Interest NetIncomeLossFromDiscontinuedOperationsAttributableToRedeemableNoncontrollingInterest	537000	USD
CY2012	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	16498000	USD
CY2011	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	15118000	USD
CY2013	us-gaap	Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity	31048000	USD
CY2011	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-1616000	USD
CY2012	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-4191000	USD
CY2013	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	35440000	USD
CY2012	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	124548000	shares
CY2011	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	102976000	shares
CY2013	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	135191000	shares
CY2012	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	124548000	shares
CY2011	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	102976000	shares
CY2013	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	137742000	shares
CY2011	us-gaap	Income Loss From Continuing Operations Per Basic And Diluted Share IncomeLossFromContinuingOperationsPerBasicAndDilutedShare	-0.16
CY2012	us-gaap	Income Loss From Continuing Operations Per Basic And Diluted Share IncomeLossFromContinuingOperationsPerBasicAndDilutedShare	-0.17
CY2013	us-gaap	Income Loss From Continuing Operations Per Basic And Diluted Share IncomeLossFromContinuingOperationsPerBasicAndDilutedShare	0.03
CY2011	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare	0.14
CY2012	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare	0.14
CY2013	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare	0.23
CY2011	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.02
CY2012	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.03
CY2013	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.26
CY2011	us-gaap	Preferred Stock Dividends Per Share Declared PreferredStockDividendsPerShareDeclared	0.393
CY2012	us-gaap	Preferred Stock Dividends Per Share Declared PreferredStockDividendsPerShareDeclared	1.938
CY2013	us-gaap	Preferred Stock Dividends Per Share Declared PreferredStockDividendsPerShareDeclared	1.938
CY2011	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.290
CY2012	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.350
CY2013	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.460
CY2011Q4	us-gaap	Temporary Equity Shares Outstanding TemporaryEquitySharesOutstanding	4674136	shares
CY2012Q4	us-gaap	Temporary Equity Shares Outstanding TemporaryEquitySharesOutstanding	3293730	shares
CY2013Q4	us-gaap	Temporary Equity Shares Outstanding TemporaryEquitySharesOutstanding	2275730	shares
CY2013Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	139328366	shares
CY2012Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	131794547	shares
CY2012	us-gaap	Operating Leases Income Statement Minimum Lease Revenue OperatingLeasesIncomeStatementMinimumLeaseRevenue	236160000	USD
CY2012Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	700000	USD
CY2013Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	700000	USD
CY2012	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.34	pure
CY2012	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.04	pure
CY2012	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.38	pure
CY2013	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.34	pure
CY2013	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.04	pure
CY2013	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.38	pure
CY2013Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	4025000	USD
CY2012Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost	3684000	USD
CY2013Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost	2379000	USD
CY2013Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	12687000	USD
CY2012Q4	us-gaap	Deferred Tax Assets Other DeferredTaxAssetsOther	400000	USD
CY2013Q4	us-gaap	Deferred Tax Assets Other DeferredTaxAssetsOther	461000	USD
CY2013Q4	cube	Unsecured Senior Notes Net UnsecuredSeniorNotesNet	500000000	USD
CY2012Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	4084000	USD
CY2013Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	2840000	USD
CY2013Q4	us-gaap	Line Of Credit LineOfCredit	38600000	USD
CY2012Q4	cube	Deferred Tax Liabilities Share Based Compensation Cost DeferredTaxLiabilitiesShareBasedCompensationCost	3347000	USD
CY2013Q4	cube	Deferred Tax Liabilities Share Based Compensation Cost DeferredTaxLiabilitiesShareBasedCompensationCost	2175000	USD
CY2013Q4	us-gaap	Unsecured Debt UnsecuredDebt	400000000	USD
CY2012Q4	us-gaap	Deferred Tax Liabilities DeferredTaxLiabilities	3347000	USD
CY2013Q4	us-gaap	Deferred Tax Liabilities DeferredTaxLiabilities	2175000	USD
CY2013	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	328501000	USD
CY2012	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	306006000	USD
CY2013	us-gaap	Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax	40616000	USD
CY2013	cube	Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Basic And Diluted BusinessAcquisitionProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareBasicAndDiluted	0.25
CY2012	cube	Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Basic And Diluted BusinessAcquisitionProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareBasicAndDiluted	0.06
CY2012	us-gaap	Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual	19028000	USD
CY2012	us-gaap	Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual	-11464000	USD
CY2012Q1	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	60548000	USD
CY2012Q2	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	63649000	USD
CY2012Q3	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	69050000	USD
CY2012Q4	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	73075000	USD
CY2013Q1	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	74655000	USD
CY2013Q2	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	78289000	USD
CY2013Q3	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	82487000	USD
CY2013Q4	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	82964000	USD
CY2012Q1	us-gaap	Costs And Expenses CostsAndExpenses	54754000	USD
CY2012Q2	us-gaap	Costs And Expenses CostsAndExpenses	57644000	USD
CY2012Q3	us-gaap	Costs And Expenses CostsAndExpenses	62492000	USD
CY2012Q4	us-gaap	Costs And Expenses CostsAndExpenses	64559000	USD
CY2013Q1	us-gaap	Costs And Expenses CostsAndExpenses	65756000	USD
CY2013Q2	us-gaap	Costs And Expenses CostsAndExpenses	64377000	USD
CY2013Q3	us-gaap	Costs And Expenses CostsAndExpenses	65785000	USD
CY2013Q4	us-gaap	Costs And Expenses CostsAndExpenses	64180000	USD
CY2012Q1	us-gaap	Net Income Loss NetIncomeLoss	-3843000	USD
CY2012Q2	us-gaap	Net Income Loss NetIncomeLoss	2543000	USD
CY2012Q3	us-gaap	Net Income Loss NetIncomeLoss	1636000	USD
CY2012Q4	us-gaap	Net Income Loss NetIncomeLoss	1481000	USD
CY2013Q1	us-gaap	Net Income Loss NetIncomeLoss	-392000	USD
CY2013Q2	us-gaap	Net Income Loss NetIncomeLoss	2550000	USD
CY2013Q3	us-gaap	Net Income Loss NetIncomeLoss	16342000	USD
CY2013Q4	us-gaap	Net Income Loss NetIncomeLoss	22948000	USD
CY2012Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.04
CY2012Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.01
CY2012Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.00
CY2012Q4	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.00
CY2013	us-gaap	Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual	7048000	USD
CY2013Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.01
CY2013Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.01
CY2013Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.11
CY2013Q4	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.15
CY2012Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	0	USD
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	4495000	USD
CY2012Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	6070000	USD
CY2012Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	8253000	USD
CY2013Q4	us-gaap	Equity Method Investments EquityMethodInvestments	156310000	USD
CY2012Q4	us-gaap	Assets Assets	2150319000	USD
CY2013Q4	us-gaap	Assets Assets	2358624000	USD
CY2012Q4	us-gaap	Line Of Credit LineOfCredit	45000000	USD
CY2012Q4	us-gaap	Unsecured Debt UnsecuredDebt	500000000	USD
CY2012Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	3220000	shares
CY2012Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	3100000	shares
CY2013Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2012Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2012Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	200000000	shares
CY2013Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	200000000	shares
CY2013Q4	us-gaap	Deferred Revenue DeferredRevenue	12394000	USD
CY2012Q4	cube	Unsecured Senior Notes Net UnsecuredSeniorNotesNet	250000000	USD
CY2012Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	60708000	USD
CY2012Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	16419000	USD
CY2012Q4	us-gaap	Deferred Revenue DeferredRevenue	11090000	USD
CY2012Q4	cube	Real Estate Security Deposit Liability RealEstateSecurityDepositLiability	444000	USD
CY2012Q4	us-gaap	Liabilities Liabilities	1112420000	USD
CY2012Q4	us-gaap	Temporary Equity Carrying Amount Attributable To Noncontrolling Interest TemporaryEquityCarryingAmountAttributableToNoncontrollingInterest	47990000	USD
CY2012Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2013Q4	us-gaap	Liabilities Liabilities	1229142000	USD
CY2013Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2012Q4	us-gaap	Preferred Stock Value PreferredStockValue	31000	USD
CY2012Q4	us-gaap	Common Stock Value CommonStockValue	1318000	USD
CY2012Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	1418463000	USD
CY2012Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-410225000	USD
CY2012Q4	us-gaap	Stockholders Equity StockholdersEquity	989791000	USD
CY2012Q4	us-gaap	Minority Interest MinorityInterest	118000	USD
CY2012Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	989909000	USD
CY2012Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2150319000	USD
CY2013Q4	us-gaap	Stockholders Equity StockholdersEquity	1092276000	USD
CY2013Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1093207000	USD
CY2013Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2358624000	USD
CY2013Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2012Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2013Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	3220000	shares
CY2012Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	131794547	shares
CY2013Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	139328366	shares
CY2013Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	3100000	shares
CY2012Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	3100000	shares
CY2011	us-gaap	Operating Leases Income Statement Minimum Lease Revenue OperatingLeasesIncomeStatementMinimumLeaseRevenue	188249000	USD
CY2012	us-gaap	Other Real Estate Revenue OtherRealEstateRevenue	25821000	USD
CY2011	us-gaap	Other Real Estate Revenue OtherRealEstateRevenue	18987000	USD
CY2012	us-gaap	Management Fees Revenue ManagementFeesRevenue	4341000	USD
CY2011	us-gaap	Management Fees Revenue ManagementFeesRevenue	3768000	USD
CY2012	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	266322000	USD
CY2011	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	211004000	USD
CY2012	us-gaap	Cost Of Revenue CostOfRevenue	103488000	USD
CY2011	us-gaap	Cost Of Revenue CostOfRevenue	87570000	USD
CY2012	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	109830000	USD
CY2011	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	61972000	USD
CY2012	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	26131000	USD
CY2011	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	24693000	USD
CY2012	us-gaap	Costs And Expenses CostsAndExpenses	239449000	USD
CY2011	us-gaap	Costs And Expenses CostsAndExpenses	174235000	USD
CY2012	us-gaap	Operating Income Loss OperatingIncomeLoss	26873000	USD
CY2011	us-gaap	Operating Income Loss OperatingIncomeLoss	36769000	USD
CY2012	us-gaap	Interest Expense Debt InterestExpenseDebt	40318000	USD
CY2011	us-gaap	Interest Expense Debt InterestExpenseDebt	32787000	USD
CY2012	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	3279000	USD
CY2011	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	5028000	USD
CY2012	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	3086000	USD
CY2011	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	3823000	USD
CY2012	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-745000	USD
CY2011	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-281000	USD
CY2011	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	2634000	USD
CY2013	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	1156000	USD
CY2012	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	154000	USD
CY2011	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-678000	USD
CY2012	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	118428000	USD
CY2011	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	84327000	USD
CY2012	us-gaap	Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain	7023000	USD
CY2012	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	256000	USD
CY2011	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-83000	USD
CY2012	cube	Other Nonoperating Income Expense Net OtherNonoperatingIncomeExpenseNet	-40149000	USD
CY2011	cube	Other Nonoperating Income Expense Net OtherNonoperatingIncomeExpenseNet	-50169000	USD
CY2013	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	318395000	USD
CY2013	us-gaap	Costs And Expenses CostsAndExpenses	260098000	USD
CY2013	us-gaap	Operating Income Loss OperatingIncomeLoss	58297000	USD
CY2013	cube	Other Nonoperating Income Expense Net OtherNonoperatingIncomeExpenseNet	-47888000	USD
CY2013	us-gaap	Profit Loss ProfitLoss	41994000	USD
CY2012	us-gaap	Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax	7093000	USD
CY2011	us-gaap	Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax	11944000	USD
CY2012	us-gaap	Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax	9811000	USD
CY2011	us-gaap	Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax	3903000	USD
CY2013	us-gaap	Interest Expense Debt InterestExpenseDebt	40424000	USD
CY2012	us-gaap	Profit Loss ProfitLoss	3628000	USD
CY2011	us-gaap	Profit Loss ProfitLoss	2447000	USD
CY2012	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	-107000	USD
CY2011	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	35000	USD
CY2012	us-gaap	Net Income Loss NetIncomeLoss	1817000	USD
CY2011	us-gaap	Net Income Loss NetIncomeLoss	-398000	USD
CY2012	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	-0.17
CY2011	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	-0.16
CY2012	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	0.14
CY2011	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	0.14
CY2012	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.03
CY2011	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.02
CY2012	cube	Other Comprehensive Income Loss Reclassification Adjustment On Interest Rate Swap Agreements Included In Net Income Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentOnInterestRateSwapAgreementsIncludedInNetIncomeNetOfTax	6082000	USD
CY2013	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.26
CY2012	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	-13548000	USD
CY2011	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	-14477000	USD
CY2012	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-7294000	USD
CY2011	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-12243000	USD
CY2012	cube	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease Including Portion Attributable To Temporary Equity OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseIncludingPortionAttributableToTemporaryEquity	172000	USD
CY2013	cube	Other Comprehensive Income Loss Reclassification Adjustment On Interest Rate Swap Agreements Included In Net Income Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentOnInterestRateSwapAgreementsIncludedInNetIncomeNetOfTax	6266000	USD
CY2011	cube	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease Including Portion Attributable To Temporary Equity OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseIncludingPortionAttributableToTemporaryEquity	151000	USD
CY2012	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-3666000	USD
CY2011	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-9796000	USD
CY2012	cube	Comprehensive Income Net Of Tax Attributable To Redeemable Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToRedeemableNoncontrollingInterest	-445000	USD
CY2011	cube	Comprehensive Income Net Of Tax Attributable To Redeemable Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToRedeemableNoncontrollingInterest	-503000	USD
CY2012	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	1927000	USD
CY2011	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	2815000	USD
CY2013	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	50230000	USD
CY2012	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-5148000	USD
CY2011	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-12108000	USD
CY2012	cube	Depreciation Depletion And Amortization Cash Flow Impact DepreciationDepletionAndAmortizationCashFlowImpact	118573000	USD
CY2011	cube	Depreciation Depletion And Amortization Cash Flow Impact DepreciationDepletionAndAmortizationCashFlowImpact	73702000	USD
CY2012	us-gaap	Share Based Compensation ShareBasedCompensation	4550000	USD
CY2011	us-gaap	Share Based Compensation ShareBasedCompensation	3204000	USD
CY2012	us-gaap	Accretion Expense AccretionExpense	-707000	USD
CY2011	us-gaap	Accretion Expense AccretionExpense	-89000	USD
CY2011	us-gaap	Write Off Of Deferred Debt Issuance Cost WriteOffOfDeferredDebtIssuanceCost	8167000	USD
CY2012	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	2125000	USD
CY2011	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	585000	USD
CY2012	us-gaap	Increase Decrease In Restricted Cash For Operating Activities IncreaseDecreaseInRestrictedCashForOperatingActivities	-3545000	USD
CY2011	us-gaap	Increase Decrease In Restricted Cash For Operating Activities IncreaseDecreaseInRestrictedCashForOperatingActivities	853000	USD
CY2012	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	6899000	USD
CY2013	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	142862000	USD
CY2012	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	220791000	USD
CY2011	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	445320000	USD
CY2013	cube	Payments For Additions And Improvements To Real Estate PaymentsForAdditionsAndImprovementsToRealEstate	20320000	USD
CY2012	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	52630000	USD
CY2012	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	81158000	USD
CY2013	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	53979000	USD
CY2012	us-gaap	Proceeds From Distributions Received From Real Estate Partnerships ProceedsFromDistributionsReceivedFromRealEstatePartnerships	909000	USD
CY2011	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	44460000	USD
CY2013	us-gaap	Proceeds From Sale Of Notes Receivable ProceedsFromSaleOfNotesReceivable	5192000	USD
CY2012	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	-3096000	USD
CY2011	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	-90000	USD
CY2012	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-271936000	USD
CY2011	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-442100000	USD
CY2013	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-282924000	USD
CY2012	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	249638000	USD
CY2012	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	403000000	USD
CY2011	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	256700000	USD
CY2012	us-gaap	Proceeds From Issuance Of Unsecured Debt ProceedsFromIssuanceOfUnsecuredDebt	100000000	USD
CY2011	us-gaap	Proceeds From Issuance Of Unsecured Debt ProceedsFromIssuanceOfUnsecuredDebt	400000000	USD
CY2011	us-gaap	Repayments Of Unsecured Debt RepaymentsOfUnsecuredDebt	200000000	USD
CY2012	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	358000000	USD
CY2011	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	299700000	USD
CY2011	cube	Payments Of Mortgage Loans And Notes Payable PaymentsOfMortgageLoansAndNotesPayable	39321000	USD
CY2012	cube	Payments Of Mortgage Loans And Notes Payable PaymentsOfMortgageLoansAndNotesPayable	236340000	USD
CY2012	us-gaap	Payments Of Loan Costs PaymentsOfLoanCosts	2145000	USD
CY2011	us-gaap	Payments Of Loan Costs PaymentsOfLoanCosts	5484000	USD
CY2012	us-gaap	Payments For Hedge Financing Activities PaymentsForHedgeFinancingActivities	195000	USD
CY2012	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	102079000	USD
CY2011	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	204019000	USD
CY2011	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	74848000	USD
CY2012	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	1629000	USD
CY2011	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	121000	USD
CY2012	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	5724000	USD
CY2012	cube	Payments To Acquire Noncontrolling Interests PaymentsToAcquireNoncontrollingInterests	61113000	USD
CY2011	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	27849000	USD
CY2012	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	39755000	USD
CY2012	cube	Payments To Minority Shareholders In Operating Partnership PaymentsToMinorityShareholdersInOperatingPartnership	1454000	USD
CY2011	cube	Payments To Minority Shareholders In Operating Partnership PaymentsToMinorityShareholdersInOperatingPartnership	1322000	USD
CY2013	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	100290000	USD
CY2012	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	2686000	USD
CY2011	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	4599000	USD
CY2012	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	148934000	USD
CY2011	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	360951000	USD
CY2012	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-4574000	USD
CY2011	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	3178000	USD
CY2013	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	138743000	USD
CY2013	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-1319000	USD
CY2012	us-gaap	Interest Paid Net InterestPaidNet	33578000	USD
CY2011	us-gaap	Interest Paid Net InterestPaidNet	33265000	USD
CY2012	cube	Noncash Or Part Noncash Consolidation Of Real Estate Venture NoncashOrPartNoncashConsolidationOfRealEstateVenture	13527000	USD
CY2012	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax	7271000	USD
CY2011	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax	12394000	USD
CY2012	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	172000	USD
CY2011	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	151000	USD
CY2012	us-gaap	Loans Assumed1 LoansAssumed1	107011000	USD
CY2011	us-gaap	Loans Assumed1 LoansAssumed1	21827000	USD
CY2010Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	5891000	USD
CY2011Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	9069000	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3176000	USD
CY2013	us-gaap	Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax	27440000	USD
CY2011Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	995322000	USD
CY2013Q4	us-gaap	Temporary Equity Carrying Amount Attributable To Noncontrolling Interest TemporaryEquityCarryingAmountAttributableToNoncontrollingInterest	36275000	USD
CY2010Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	765408000	USD
CY2010Q4	us-gaap	Temporary Equity Carrying Amount Attributable To Noncontrolling Interest TemporaryEquityCarryingAmountAttributableToNoncontrollingInterest	45145000	USD
CY2011	us-gaap	Minority Interest Increase From Stock Issuance MinorityInterestIncreaseFromStockIssuance	1000	USD
CY2011	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	204019000	USD
CY2011	cube	Stock Issued During Period Value Preferred Shares StockIssuedDuringPeriodValuePreferredShares	74848000	USD
CY2011	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	3000	USD
CY2011	us-gaap	Stock Issued During Period Value Conversion Of Units StockIssuedDuringPeriodValueConversionOfUnits	624000	USD
CY2011	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	121000	USD
CY2011	cube	Adjustments To Additional Paid In Capital Amortization Of Restricted Stock AdjustmentsToAdditionalPaidInCapitalAmortizationOfRestrictedStock	1677000	USD
CY2011	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1527000	USD
CY2011	us-gaap	Minority Interest Change In Redemption Value MinorityInterestChangeInRedemptionValue	-7082000	USD
CY2011	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	-11849000	USD
CY2011	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	144000	USD
CY2011	us-gaap	Dividends Preferred Stock DividendsPreferredStock	1218000	USD
CY2011	us-gaap	Dividends Common Stock DividendsCommonStock	35313000	USD
CY2012	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	102079000	USD
CY2012	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	2000	USD
CY2012	us-gaap	Stock Issued During Period Value Conversion Of Units StockIssuedDuringPeriodValueConversionOfUnits	19247000	USD
CY2012	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	1629000	USD
CY2012	cube	Adjustments To Additional Paid In Capital Amortization Of Restricted Stock AdjustmentsToAdditionalPaidInCapitalAmortizationOfRestrictedStock	3352000	USD
CY2012	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1198000	USD
CY2012	us-gaap	Minority Interest Decrease From Redemptions MinorityInterestDecreaseFromRedemptions	56984000	USD
CY2012	us-gaap	Minority Interest Change In Redemption Value MinorityInterestChangeInRedemptionValue	-19520000	USD
CY2012	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	-7124000	USD
CY2012	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	168000	USD
CY2012	us-gaap	Dividends Preferred Stock DividendsPreferredStock	6008000	USD
CY2012	us-gaap	Dividends Common Stock DividendsCommonStock	47187000	USD
CY2013	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	100287000	USD
CY2013	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	3000	USD
CY2013	us-gaap	Stock Issued During Period Value Conversion Of Units StockIssuedDuringPeriodValueConversionOfUnits	14698000	USD
CY2013	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	3710000	USD
CY2013	cube	Adjustments To Additional Paid In Capital Amortization Of Restricted Stock AdjustmentsToAdditionalPaidInCapitalAmortizationOfRestrictedStock	4747000	USD
CY2013	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	870000	USD
CY2013	us-gaap	Minority Interest Change In Redemption Value MinorityInterestChangeInRedemptionValue	-3292000	USD
CY2013	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	8751000	USD
CY2013	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	55000	USD
CY2013	us-gaap	Dividends Preferred Stock DividendsPreferredStock	6008000	USD
CY2013	us-gaap	Dividends Common Stock DividendsCommonStock	62760000	USD
CY2013	dei	Entity Registrant Name EntityRegistrantName	CubeSmart
CY2013	dei	Entity Central Index Key EntityCentralIndexKey	0001298675
CY2013	dei	Document Type DocumentType	10-K
CY2013	dei	Document Period End Date DocumentPeriodEndDate	2013-12-31
CY2013	dei	Amendment Flag AmendmentFlag	false
CY2013	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2013	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	Yes
CY2013	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2013	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2013	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2013Q2	dei	Entity Public Float EntityPublicFloat	2148192535	USD
CY2014Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	140289967	shares
CY2013	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2013
CY2013	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2013Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	0	USD
CY2013	us-gaap	Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual	-4228000	USD
CY2013	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	2551000	shares
CY2012	cube	Net Income Loss From Continuing Operations Attributable To Redeemable Noncontrolling Interest NetIncomeLossFromContinuingOperationsAttributableToRedeemableNoncontrollingInterest	-513000	USD
CY2011	cube	Net Income Loss From Continuing Operations Attributable To Redeemable Noncontrolling Interest NetIncomeLossFromContinuingOperationsAttributableToRedeemableNoncontrollingInterest	-694000	USD
CY2011	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	15462000	USD
CY2011	cube	Proceeds From Mortgage Loans And Notes Payable ProceedsFromMortgageLoansAndNotesPayable	3537000	USD
CY2011	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	1000	USD
CY2011Q4	us-gaap	Temporary Equity Carrying Amount Attributable To Noncontrolling Interest TemporaryEquityCarryingAmountAttributableToNoncontrollingInterest	49732000	USD
CY2013	us-gaap	Accretion Expense AccretionExpense	-1018000	USD
CY2013	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-1151000	USD
CY2013	us-gaap	Increase Decrease In Restricted Cash For Operating Activities IncreaseDecreaseInRestrictedCashForOperatingActivities	-567000	USD
CY2013	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	1095000	USD
CY2013	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	157461000	USD
CY2013	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	-1476000	USD
CY2013	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	247488000	USD
CY2013	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	642600000	USD
CY2013	us-gaap	Repayments Of Unsecured Debt RepaymentsOfUnsecuredDebt	100000000	USD
CY2013	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	831000	USD
CY2013	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	59159000	USD
CY2013	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax	-8902000	USD
CY2013	us-gaap	Loans Assumed1 LoansAssumed1	8866000	USD
CY2013	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax	56000	USD
CY2013	cube	Payments To Minority Shareholders In Operating Partnership PaymentsToMinorityShareholdersInOperatingPartnership	1113000	USD
CY2013	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	181612000	USD
CY2013	cube	Depreciation Depletion And Amortization Cash Flow Impact DepreciationDepletionAndAmortizationCashFlowImpact	117074000	USD
CY2013Q4	us-gaap	Operating Leases Future Minimum Payments Due Current OperatingLeasesFutureMinimumPaymentsDueCurrent	1329000	USD
CY2013	us-gaap	Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax	4145000	USD
CY2013	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	588000	USD
CY2013	us-gaap	Net Income Loss NetIncomeLoss	41448000	USD
CY2013	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.03
CY2013	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	0.23
CY2013	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.03
CY2013Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	19955000	USD
CY2013	us-gaap	Operating Leases Income Statement Minimum Lease Revenue OperatingLeasesIncomeStatementMinimumLeaseRevenue	281250000	USD
CY2013Q4	cube	Real Estate Security Deposit Liability RealEstateSecurityDepositLiability	376000	USD
CY2013Q4	us-gaap	Preferred Stock Value PreferredStockValue	31000	USD
CY2013Q4	us-gaap	Common Stock Value CommonStockValue	1393000	USD
CY2013Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	1542703000	USD
CY2013Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-440837000	USD
CY2013Q4	us-gaap	Minority Interest MinorityInterest	931000	USD
CY2013	us-gaap	Other Real Estate Revenue OtherRealEstateRevenue	32365000	USD
CY2013	us-gaap	Management Fees Revenue ManagementFeesRevenue	4780000	USD
CY2013	us-gaap	Cost Of Revenue CostOfRevenue	118222000	USD
CY2013	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	112313000	USD
CY2013	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	29563000	USD
CY2013	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	2058000	USD
CY2013	us-gaap	Write Off Of Deferred Debt Issuance Cost WriteOffOfDeferredDebtIssuanceCost	414000	USD
CY2013	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	3849000	USD
CY2013	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	8000	USD
CY2012	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	-0.17
CY2011	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	-0.16
CY2013	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare	0.23
CY2012	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare	0.14
CY2011	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare	0.14
CY2013	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.26
CY2012	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.03
CY2011	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.02
CY2013	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	2636000	USD
CY2011	cube	Other Comprehensive Income Loss Reclassification Adjustment On Interest Rate Swap Agreements Included In Net Income Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentOnInterestRateSwapAgreementsIncludedInNetIncomeNetOfTax	2083000	USD
CY2013	cube	Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Period Increase Decrease Including Portion Attributable To Temporary Equity OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPeriodIncreaseDecreaseIncludingPortionAttributableToTemporaryEquity	56000	USD
CY2013	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	8958000	USD
CY2013	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	50952000	USD
CY2013	cube	Comprehensive Income Net Of Tax Attributable To Redeemable Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToRedeemableNoncontrollingInterest	740000	USD
CY2013	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	-18000	USD
CY2013	us-gaap	Share Based Compensation ShareBasedCompensation	5617000	USD
CY2013	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	4564000	USD
CY2012	cube	Payments For Additions And Improvements To Real Estate PaymentsForAdditionsAndImprovementsToRealEstate	22395000	USD
CY2011	cube	Payments For Additions And Improvements To Real Estate PaymentsForAdditionsAndImprovementsToRealEstate	25868000	USD
CY2012	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	4227000	USD
CY2013	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	123780000	USD
CY2013	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	636200000	USD
CY2013	cube	Payments Of Mortgage Loans And Notes Payable PaymentsOfMortgageLoansAndNotesPayable	36496000	USD
CY2013	us-gaap	Payments Of Loan Costs PaymentsOfLoanCosts	4400000	USD
CY2013	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	3710000	USD
CY2013	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	6008000	USD
CY2013	us-gaap	Interest Paid Net InterestPaidNet	43130000	USD
CY2013	us-gaap	Minority Interest Increase From Stock Issuance MinorityInterestIncreaseFromStockIssuance	831000	USD
CY2013Q4	us-gaap	Real Estate Gross At Carrying Value RealEstateGrossAtCarryingValue	2553706000	USD
CY2012Q4	us-gaap	Real Estate Gross At Carrying Value RealEstateGrossAtCarryingValue	2443022000	USD
CY2011Q4	us-gaap	Real Estate Gross At Carrying Value RealEstateGrossAtCarryingValue	2107469000	USD
CY2013	cube	Real Estate Acquisitions And Improvements RealEstateAcquisitionsAndImprovements	219751000	USD
CY2012	cube	Real Estate Acquisitions And Improvements RealEstateAcquisitionsAndImprovements	335644000	USD
CY2013	cube	Real Estate Fully Depreciated Assets RealEstateFullyDepreciatedAssets	14398000	USD
CY2013Q4	us-gaap	Real Estate Accumulated Depreciation RealEstateAccumulatedDepreciation	398536000	USD
CY2012Q4	us-gaap	Real Estate Accumulated Depreciation RealEstateAccumulatedDepreciation	353315000	USD
CY2011Q4	us-gaap	Real Estate Accumulated Depreciation RealEstateAccumulatedDepreciation	318749000	USD
CY2012	cube	Real Estate Fully Depreciated Assets RealEstateFullyDepreciatedAssets	25415000	USD
CY2012	cube	Real Estate Venture RealEstateVenture	-93679000	USD
CY2013	cube	Real Estate Cost Of Real Estate Sold And Other Deductions RealEstateCostOfRealEstateSoldAndOtherDeductions	127700000	USD
CY2012	cube	Real Estate Cost Of Real Estate Sold And Other Deductions RealEstateCostOfRealEstateSoldAndOtherDeductions	71265000	USD
CY2012	cube	Real Estate Gross Construction In Progress RealEstateGrossConstructionInProgress	2910000	USD
CY2013	cube	Real Estate Gross Construction In Progress RealEstateGrossConstructionInProgress	33031000	USD
CY2013	us-gaap	Real Estate Accumulated Depreciation Depreciation Expense RealEstateAccumulatedDepreciationDepreciationExpense	87708000	USD
CY2013	cube	Real Estate Accumulated Depreciation Fully Depreciated Assets RealEstateAccumulatedDepreciationFullyDepreciatedAssets	14398000	USD
CY2013	cube	Real Estate Accumulated Depreciation Real Estate Sold And Other Deductions RealEstateAccumulatedDepreciationRealEstateSoldAndOtherDeductions	28089000	USD
CY2012	us-gaap	Real Estate Accumulated Depreciation Depreciation Expense RealEstateAccumulatedDepreciationDepreciationExpense	79955000	USD
CY2012	cube	Real Estate Accumulated Depreciation Fully Depreciated Assets RealEstateAccumulatedDepreciationFullyDepreciatedAssets	25415000	USD
CY2012	cube	Real Estate Accumulated Depreciation Real Estate Sold And Other Deductions RealEstateAccumulatedDepreciationRealEstateSoldAndOtherDeductions	19974000	USD
CY2013Q4	us-gaap	Real Estate And Accumulated Depreciation Accumulated Depreciation RealEstateAndAccumulatedDepreciationAccumulatedDepreciation	379704000	USD
CY2013Q4	us-gaap	Real Estate And Accumulated Depreciation Carrying Amount Of Land And Buildings And Improvements RealEstateAndAccumulatedDepreciationCarryingAmountOfLandAndBuildingsAndImprovements	2354503000	USD
CY2013Q4	us-gaap	Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements	1888823000	USD
CY2013Q4	us-gaap	Real Estate And Accumulated Depreciation Carrying Amount Of Land RealEstateAndAccumulatedDepreciationCarryingAmountOfLand	465680000	USD
CY2013	cube	Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisition	217815000	USD
CY2013Q4	us-gaap	Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements	1893779000	USD
CY2013Q4	us-gaap	Real Estate And Accumulated Depreciation Initial Cost Of Land RealEstateAndAccumulatedDepreciationInitialCostOfLand	444764000	USD
CY2013Q4	us-gaap	Area Of Real Estate Property AreaOfRealEstateProperty	24662105
CY2013Q4	us-gaap	Debt Instrument Fair Value DebtInstrumentFairValue	1140900000	USD
CY2012Q4	us-gaap	Debt Instrument Fair Value DebtInstrumentFairValue	1017300000	USD
CY2013Q4	us-gaap	Debt And Capital Lease Obligations DebtAndCapitalLeaseObligations	1138800000	USD
CY2012Q4	us-gaap	Debt And Capital Lease Obligations DebtAndCapitalLeaseObligations	1023800000	USD
CY2011	cube	Profit Loss Including Temporary Equity Net Income Loss ProfitLossIncludingTemporaryEquityNetIncomeLoss	2412000	USD
CY2012	cube	Profit Loss Including Temporary Equity Net Income Loss ProfitLossIncludingTemporaryEquityNetIncomeLoss	3735000	USD
CY2013	cube	Profit Loss Including Temporary Equity Net Income Loss ProfitLossIncludingTemporaryEquityNetIncomeLoss	41406000	USD
CY2013Q4	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	2512000	USD
CY2012Q4	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	362000	USD
CY2013Q4	us-gaap	Minority Interest Ownership Percentage By Parent MinorityInterestOwnershipPercentageByParent	0.984	pure
CY2012	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	-13276000	USD
CY2012	us-gaap	Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax	15784000	USD

Files In Submission

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$CUBE
CubeSmart Stock $cube

2013 Q4 Form 10-K Financial Statement

#000110465914014848 Filed on February 28, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

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$CUBE CubeSmart Stock $cube

2013 Q4 Form 10-K Financial Statement

#000110465914014848 Filed on February 28, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CUBE
CubeSmart Stock $cube