EQUITY AND MEZZANINE EQUITY (Tables)

3 Months Ended

Mar. 31, 2019

Pursuant to the exercise of Exchange Rights, we redeemed Units during the three months ended March 31, 2019 and 2018 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
2019	3	$	156	$	58.95
2018	40	$	2,237	$	56.60


(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, 2019 and 2018 as detailed in the table below.

Schedule of Repurchase Program

Common shares repurchased during the three months ended March 31, 2019 and 2018 are detailed in the table below.



	(in thousands, except per share amounts)
Three months ended March 31,	Number of Shares	Aggregate Cost⁽¹⁾		Average Price Per Share
2019	174	$	8,804	$	50.54
2018	29	$	1,442	$	49.79


(1)	Amount includes commissions.

Redeemable Noncontrolling Interest

elow is a table reflecting the activity of the redeemable noncontrolling interests for the three months ended March 31, 2019.



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

(in thousands)

Three months ended March 31,

Number of Units

Total Book Value