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EQUITY AND MEZZANINE EQUITY (Tables)
6 Months Ended
Jun. 30, 2024
Equity [Abstract]  
Schedule of Conversions of Stock Centerspace redeemed Units in exchange for common shares in connection with Unitholders exercising their exchange rights during the three and six months ended June 30, 2024 and 2023 as detailed in the table below.
(in thousands)
Three Months Ended June 30,Number of UnitsNet Book Basis
202416 $969 
2023$324 
Six Months Ended June 30,
202433 $1,367 
202310 $1,021 
(in thousands)
Number of Series ENumber ofTotal
Three Months Ended June 30,Preferred Units RedeemedCommon Shares IssuedValue
2024$518 
2023$1,185 
Six Months Ended June 30,
202421 25 $1,220 
202320 25 $2,120 
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, 2024 under the ATM Program. There were no sales of common shares under the ATM Program during the three and six months ended June 30, 2023. As of June 30, 2024, common shares having an aggregate offering price of up to $118.9 million remained available under the ATM Program.
(in thousands, except per share amounts)
Three and Six Months Ended June 30,
Number of Common Shares
Net Consideration(1)
Average Net Price Per Share
2024110 $7,561 $68.77 
(1)Total consideration is net of $115,000 in commissions during the three and six months ended June 30, 2024.
Schedule of Repurchased Shares The table below provides details on the shares repurchased during the three and six months ended June 30, 2024 and 2023. As of June 30, 2024, the Company had $4.7 million remaining authorized for purchase under this program.
(in thousands, except per share amounts)
Three Months Ended June 30,Number of Common Shares
Aggregate Cost(1)
Average Price Per Share(1)
2024— $— $— 
2023105 $5,696 $54.51 
Six Months Ended June 30,
202488 $4,703 $53.62 
2023124 $6,718 $54.19 
(1)Amount includes commissions.