Common Shares of Beneficial Interest

3 Months Ended

Mar. 31, 2018

Equity [Abstract]

Common Shares of Beneficial Interest

Common Shares of Beneficial Interest

We have a $200 million share repurchase plan. Under this plan, we may repurchase common shares of beneficial interest ("common shares") from time-to-time in open-market or in privately negotiated purchases. The timing and amount of any shares repurchased will be determined by management based on its evaluation of market conditions and other factors. The repurchase plan may be suspended or discontinued at any time, and we have no obligations to repurchase any amount of our common shares under the plan.

During March 2018, we repurchased .3 million of our common shares at an average price of $27.37 per share, and at March 31, 2018, $191.9 million of common shares remained available to be repurchased under this plan. As of the date of this filing, $185.0 million of common shares remained available to be repurchased under the plan due to .3 million common shares being repurchased subsequent to March 31, 2018.