| Summary of Common Shares Outstanding |
The following table summarizes issuance, repurchase, and other activity with respect to the Company's common shares for the three and nine month periods ended September 30, 2017 and 2016: | | | | | | | | | | | | | | | | Three Month Period Ended | | Nine Month Period Ended | | | September 30, 2017 | | September 30, 2016 | | September 30, 2017 | | September 30, 2016 | Common Shares Outstanding (6/30/2017, 6/30/2016, 12/31/2016, and 12/31/2015, respectively) | | 32,112,697 |
| | 32,743,356 |
| | 32,294,703 |
| | 33,126,012 |
| Share Activity: | | | | | | | | | Shares repurchased | | (123,321 | ) | | (126,771 | ) | | (305,327 | ) | | (509,427 | ) | Director LTIP Units exercised | | 2,801 |
| | 2,475 |
| | 2,801 |
| | 2,475 |
| Common Shares Outstanding (9/30/2017, 9/30/2016, 9/30/2017, and 9/30/2016, respectively) | | 31,992,177 |
| | 32,619,060 |
| | 31,992,177 |
| | 32,619,060 |
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