EQUITY AND MEZZANINE EQUITY (Tables)

3 Months Ended

Mar. 31, 2020

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, 2020 and 2019 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
2020	—	$	14	$	74.45
2019	3	$	156	$	58.95

(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, 2020 and 2019 as detailed in the table below.

	(in thousands)
Three Months Ended March 31,	Number of Units	Total Book Value
2020	14	$	930
2019	—	—

Schedule of Repurchase Program

Common shares and Series C Preferred Shares repurchased during the three months ended March 31, 2020 and 2019 are detailed in the table below.

	(in thousands, except per share amounts)
Three Months Ended March 31,	Number of Common Shares	Number of Preferred Shares	Aggregate Cost(1)		Average Price Per Share(1)
2020	—	136	$	3,137	$	23.00
2019	174	—	$	8,804	$	50.54

(1)

Amount includes commissions.