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EQUITY AND MEZZANINE EQUITY (Tables)

6 Months Ended

Jun. 30, 2019

Pursuant to the exercise of Exchange Rights, we redeemed Units during the six months ended June 30, 2019 and 2018 as detailed in the table below.



	(in thousands, except per Unit amounts)
Three Months Ended June 30,	Number of Units	Aggregate Cost⁽¹⁾		Average Price Per Unit
2019	133	$	7,968	$	60.01
2018	10	$	510	$	52.72

Six Months Ended June 30,
2019	135	$	8,118	$	60.00
2018	49	$	2,747	$	55.84


(1)	The redemption price is determined using the volume weighted average price for the ten trading days prior to the date a unitholder provides notification of their intent to redeem units.

We also redeemed Units in exchange for common shares in connection with Unitholders exercising their Exchange Rights during the six months ended June 30, 2019 and 2018 as detailed in the table below.



	(in thousands)
Three Months Ended June 30,	Number of Units	Total Book Value
2019	8	$	521
2018	—	—

Six Months Ended June 30,
2019	8	$	521
2018	3	$	34

Schedule of Repurchase Program

Common shares repurchased during the six months ended June 30, 2019 and 2018 are detailed in the table below.



	(in thousands, except per share amounts)
Three Months Ended June 30,	Number of Shares	Aggregate Cost⁽¹⁾		Average Price Per Share⁽¹⁾
2019	116	$	6,862	$	59.12
2018	38	$	1,972	$	52.23

Six Months Ended June 30,
2019	290	$	15,667	$	54.03
2018	67	$	3,415	$	51.26


(1)	Amount includes commissions.

Redeemable Noncontrolling Interest

Below is a table reflecting the activity of the redeemable noncontrolling interests for the six months ended June 30, 2019.



	(in thousands)
Balance at December 31, 2018	$	5,968
Net income	(174		)
Acquisition of redeemable noncontrolling interests	(5,794		)
Balance at June 30, 2019	$	—