EQUITY AND MEZZANINE EQUITY (Tables)

6 Months Ended

Jun. 30, 2021

Equity [Abstract]

Schedule of Conversions of Stock

Centerspace redeemed Unitsin exchange for common shares in connection with Unitholders exercising their exchange rights during the three and six months ended June 30, 2021 and 2020 as detailed in the table below.

	(in thousands)
Three Months Ended June 30,	Number of Units	Net Book Basis
2021	69	$	639
2020	22	$	1,048
Six Months Ended June 30,
2021	95	$	418
2020	36	$	118

Schedule of Sale of Common Shares

The table below provides details on the sale of common shares during the three and six months ended June 30, 2021 and 2020. As of June 30, 2021, common shares having an aggregate offering price of up to $99,000 remained available under the 2019 ATM Program.

	(in thousands, except per share amounts)
Three Months Ended June 30,	Number of Common Shares	Total Consideration(1)		Average Net Price Per Share
2021	731	$	54,636	$	74.64
2020	624	$	44,848	$	71.84
Six Months Ended June 30,
2021	896	$	66,495	$	74.19
2020	674	$	48,250	$	71.56

(1)Total consideration is net of $528,000 and $709,000 in commissions during the three and six months ended June 30, 2021, respectively, and issuance costs. Total consideration for the three and six months ended June 30, 2020 is net of $683,000 and $735,000 in commissions, respectively, and issuance costs.