EQUITY AND MEZZANINE EQUITY (Tables)

3 Months Ended

Mar. 31, 2021

Equity [Abstract]

Schedule of Conversions of Stock

Pursuant to the exercise of exchange rights, we redeemed Units for cash during the three months ended March 31, 2021 and 2020 as detailed in the table below.

	(in thousands, except per Unit amounts)
Three Months Ended March 31,	Number of Units	Aggregate Cost(1)		Average Price Per Unit
2021	—	$	9	$	71.55
2020	—	$	14	$	74.45

(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 months ended March 31, 2021 and 2020 as detailed in the table below.

	(in thousands)
Three Months Ended March 31,	Number of Units	Net Book Basis
2021	26	$	(220)
2020	14	$	(930)

Schedule of Sale of Common Shares

The table below provides details on the sale of common shares during the three months ended March 31, 2021 and 2020. As of March 31, 2021, common shares having an aggregate offering price of up to $55.3 million remained available under the 2019 ATM Program.

	(in thousands, except per share amounts)
Three Months Ended March 31,	Number of Common Shares	Total Consideration(1)		Average Price Per Share
2021	164	$	11,859	$	72.19
2020	50	$	3,402	$	68.04

(1)Total consideration is net of $181,000 and $52,000 in commissions during the three months ended March 31, 2021 and 2020, respectively, and issuance costs.

Schedule of Repurchase Program

Series C Preferred Shares repurchased during the three months ended March 31, 2020 are detailed in the table below.

	(in thousands, except per share amounts)
Three Months Ended March 31,		Number of Preferred Shares	Aggregate Cost(1)		Average Price Per Share(1)
2020		136	$	3,137	$	23.00

(1)Amount includes commissions.