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MEZZANINE EQUITY AND EQUITY (Tables)
 3 Months Ended
Mar. 31, 2025
Equity [Abstract]  
Schedule of Conversions of Stock Centerspace redeemed Units in exchange for common shares in connection with Unitholders exercising their exchange rights during the three months ended March 31, 2025 and 2024 as detailed in the table below.
(in thousands)
Three Months Ended March 31,Number of UnitsNet Book Basis
20257 $(1,002)
202417 $(398)
The Company redeemed Series E preferred units in exchange for common shares in connection with Series E unitholders exercising their exchange rights during the three months ended March 31, 2025 and 2024 as detailed below.
(in thousands)
Three Months Ended March 31,
Number of Series E Preferred Units Redeemed
Number of Common Shares Issued
Total Value
2025— — $43 
202413 16 $702 
Schedule of Repurchased Shares The table below provides details on the shares repurchased during the three months ended March 31, 2024.
(in thousands, except per share amounts)
Three Months Ended March 31,Number of Common Shares
Aggregate Cost(1)
Average Price Per Share(1)
202488 $4,703 $53.62 
(1)Amount includes commissions.