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EQUITY AND MEZZANINE EQUITY (Tables)

9 Months Ended

Sep. 30, 2019

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



	(in thousands, except per Unit amounts)
Three Months Ended September 30,	Number of Units	Aggregate Cost⁽¹⁾		Average Price Per Unit
2019	—	$	11	$	62.10
2018	—	$	4	$	54.70

Nine Months Ended September 30,
2019	136	$	8,135	$	59.99
2018	49	$	2,751	$	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 three and nine months ended September 30, 2019 and 2018 as detailed in the table below.



	(in thousands)
Three Months Ended September 30,	Number of Units	Total Book Value
2019	—	$	10
2018	21	$	624

Nine Months Ended September 30,
2019	8	$	511
2018	24	$	658

Schedule of Repurchase Program

Common shares repurchased during the three and nine months ended September 30, 2019 and 2018 are detailed in the table below.



	(in thousands, except per share amounts)
Three Months Ended September 30,	Number of Shares	Aggregate Cost⁽¹⁾		Average Price Per Share⁽¹⁾
2019	39	$	2,346	$	59.57
2018	—	—		—

Nine Months Ended September 30,
2019	329	$	18,023	$	54.69
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 nine months ended September 30, 2019.



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