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Stockholder's Equity
3 Months Ended
Mar. 31, 2020
Stockholder's Equity  
Stockholder's Equity

Note 10 – Stockholders’ Equity

Exchanges

During the three months ended March 31, 2020 and 2019, respectively, holders of Class B common stock and LLC Interests exercised exchange rights and exchanged 703 thousand and 519 thousand Class B common shares and corresponding LLC Interests for newly issued Class A Common Stock. The LLC Agreement generally allows for exchanges on the last day of each calendar month.