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EQUITY AND MEZZANINE EQUITY (Tables)
6 Months Ended
Jun. 30, 2020
Equity [Abstract]  
Schedule of Sale of Common Shares The table below provides details on the sale of common shares during the three and six months ended June 30, 2020. As of June 30, 2020, common shares having an aggregate offering price of up to $79.5 million remained available under the 2019 ATM Program.
 
(in thousands, except per share amounts)
Three Months Ended June 30,
Number of Common Shares

 
Total Consideration(1)

 
Average Price Per Share(1)

2020
624

 
$
44,848

 
$
71.84

 
 
 
 
 
 
Six Months Ended June 30,
 
 
 
 
 
2020
674

 
$
48,250

 
$
71.56

(1)
Total consideration is net of commissions and issuance costs.
Schedule of Conversions of Stock Pursuant to the exercise of exchange rights, we redeemed Units for cash during the three and six months ended June 30, 2020 and 2019 as detailed in the table below.
 
(in thousands, except per Unit amounts)
Three Months Ended June 30,
Number of Units

 
Aggregate Cost(1)

 
Average Price Per Unit

2020

 
$
9

 
$
60.35

2019
133

 
$
7,968

 
$
60.01

 
 
 
 
 
 
Six Months Ended June 30,
 
 
 
 
 
2020

 
$
23

 
$
68.44

2019
135

 
$
8

 
$
60.00

(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 and six months ended June 30, 2020 and 2019 as detailed in the table below.
 
(in thousands)
Three Months Ended June 30,
Number of Units

 
Total Book Value

2020
22

 
$
1,048

2019
8

 
$
(521
)
 
 
 
 
Six Months Ended June 30,
 
 
 
2020
36

 
$
118

2019
8

 
$
(521
)

Schedule of Repurchase Program Common shares and Series C Preferred Shares repurchased during the three and six months ended June 30, 2020 and 2019 are detailed in the table below.
 
(in thousands, except per share amounts)
Three Months Ended June 30,
Number of Common Shares

 
Number of Preferred Shares

 
Aggregate Cost(1)

 
Average Price Per Share(1)

2020

 
99

 
$
2,442

 
$
24.75

2019
116

 

 
$
6,862

 
$
59.12

 
 
 
 
 
 
 
 
Six Months Ended June 30,
 
 
 
 
 
 
 
2020

 
235

 
$
5,579

 
$
23.73

2019
290

 

 
$
16

 
$
54.03

(1)
Amount includes commissions.