EQUITY AND MEZZANINE EQUITY (Tables)

3 Months Ended

Mar. 31, 2024

Equity [Abstract]

Schedule of Conversions of Stock

Centerspace redeemed Units in exchange for common shares in connection with Unitholders exercising their exchange rights during the three months ended March 31, 2024 and 2023 as detailed in the table below.

	(in thousands)
Three Months Ended March 31,	Number of Units	Net Book Basis
2024	17	$	(398)
2023	4	$	(697)

	(in thousands)
	Number of Series E	Number of	Total
Three Months Ended March 31,	Preferred Units Redeemed	Common Shares Issued	Value
2024	13	16	$	702
2023	13	16	$	935

Schedule of Repurchased Shares

The table below provides details on the shares repurchased during the three months ended March 31, 2024 and 2023. As of March 31, 2024, the Company had $4.7 million remaining authorized for purchase under this program.

	(in thousands, except per share amounts)
Three Months Ended March 31,	Number of Common Shares	Aggregate Cost(1)		Average Price Per Share(1)
2024	88	$	4,703	$	53.62
2023	19	$	1,022	$	52.51

(1)Amount includes commissions.