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EQUITY AND MEZZANINE EQUITY (Tables)
 9 Months Ended
Sep. 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 nine months ended September 30, 2024 and 2023 as detailed in the table below.
(in thousands)
Three Months Ended September 30,Number of UnitsNet Book Basis
202419 $845 
202397 $898 
Nine Months Ended September 30,
202452 $2,212 
2023107 $1,919 
(in thousands)
Number of Series ENumber ofTotal
Three Months Ended September 30,Preferred Units RedeemedCommon Shares IssuedValue
202412 15 $1,051 
20235 6 $176 
Nine Months Ended September 30,
202433 40 $2,271 
202325 31 $2,296 
Schedule of Sale of Common Shares The table below provides details on the sale of common shares during the three and nine months ended September 30, 2024 under the ATM Program. There were no sales of common shares under the ATM Program during the three and nine months ended September 30, 2023. As of September 30, 2024, common shares having an aggregate offering price of up to $262.9 million remained available under the ATM Program.
(in thousands, except per share amounts)
Three Months Ended September 30,
Number of Common Shares
Net Consideration(1)
Average Net Price Per Share
20241,477 $105,052 $71.12 
Nine Months Ended September 30,
20241,587 $112,613 $71.66 
(1)Includes 869,000 shares sold on a forward basis for $62.7 million which were physically settled during the three months ended September 30, 2024.
(2)Total consideration is net of $1.0 million and $1.1 million in commissions during the three and nine months ended September 30, 2024, respectively.
Schedule of Repurchased Shares The table below provides details on the shares repurchased during the nine months ended September 30, 2024 and 2023. As of September 30, 2024, the Company had $4.7 million remaining authorized for purchase under this program.
(in thousands, except per share amounts)
Nine Months Ended September 30,Number of Common Shares
Aggregate Cost(1)
Average Price Per Share(1)
202488 $4,703 $53.62 
2023124 $6,718 $54.19 
(1)Amount includes commissions.