Noncontrolling Interest - Operating Partnership/Limited Partnership/Limited Partners' Equity - Preferred Units

6 Months Ended

Jun. 30, 2019

Temporary Equity [Line Items]

Noncontrolling Interest - Operating Partnership/Limited Partnership/Limited Partners' Equity - Preferred Units

Noncontrolling Interest - Operating Partnership/Limited Partners' Equity - Preferred Units

As of June 30, 2019, the Company had outstanding the following cumulative preferred units of the Operating Partnership:

ISSUE	AMOUNT		UNITS	LIQUIDATION PREFERENCE		DIVIDEND RATE
	(in 000’s)
Series I-2	$	5,337	213	$	25	6.25	%

The preferred units are putable at the holder's option at any time and are callable at the Operating Partnership's option after a stated period of time for cash. During the six months ended June 30, 2019, 88,000 preferred units were redeemed for $2.2 million.