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Share repurchases | 9 Months Ended
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Sep. 30, 2019
Equity [Abstract] |
Share repurchases | Share repurchases The following table summarizes the Company's repurchases of its common stock during the three and nine months ended September 30, 2019.
| Three months ended September 30, 2019 |  | Nine months ended September 30, 2019
| Shares repurchased |  | Amount paid |  | Average amount |  | Shares repurchased |  | Amount paid |  | Average amount
Tender Offer(1) | 21,802 |  |  | $ | 1,233,886 |  |  | $ | 56.60 |  |  | 21,802 |  |  | $ | 1,233,886 |  |  | $ | 56.60 |
Open market repurchases | 8,790 |  |  | 514,082 |  |  | 58.49 |  |  | 10,850 |  |  | 626,271 |  |  | 57.72 |
| 30,592 |  |  | $ | 1,747,968 |  |  | $ | 57.14 |  |  | 32,652 |  |  | $ | 1,860,157 |  |  | $ | 56.97 |
(1) | The amount paid for shares repurchased associated with the Company's Tender Offer during the three and nine months ended September 30, 2019 includes the clearing price of $56.50 per share plus related fees and expenses of $2,074.
In addition, the Company also repurchased 4,283 shares of its common stock for $245,544 at an average cost of $57.32 per share, subsequent to September 30, 2019 through November 4, 2019. Effective July 17, 2019, the Board terminated all remaining prior share repurchase authorizations available to the Company at that time and approved a new share repurchase authorization of $2,000,000. As of the close of business on November 4, 2019, the Company had repurchased a total of 30,661 of shares of its common stock for $1,753,627 under this repurchase authorization. Effective as of the close of business on November 4, 2019, the Board terminated all remaining prior share repurchase authorizations available to the Company under the aforementioned July 17, 2019 authorization and approved a new share repurchase authorization of $2,000,000. Accordingly, as of November 6, 2019, the Company had a total of $2,000,000 available under the current repurchase authorization for additional share repurchases. Although this share repurchase authorization does not have an expiration date, the Company remains subject to share repurchase limitations, including under the terms of its current senior secured credit facilities and the indentures governing its senior notes.

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- Definition The entire disclosure for treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -URI http://asc.fasb.org/subtopic&trid=2208821 + Details
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