| Schedule of Partners' Equity of the Operating Partnership |
The following table sets forth the changes in outstanding partnership units for the years ended December 31, 2019, 2018 and 2017:
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|
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|
Limited Partnership Units |
|
|
General partnership units |
|
Class A |
|
Class B |
|
Total |
Balance December 31, 2016 |
|
1,000,000 |
|
|
5,027,781 |
|
|
95,095,891 |
|
|
100,123,672 |
|
Units withheld for employee income taxes |
|
— |
|
|
— |
|
|
(69,886 |
) |
|
(69,886 |
) |
Exchange of Class A limited partnership units |
|
— |
|
|
(32,348 |
) |
|
32,348 |
|
|
— |
|
Grant of restricted common share awards by the Company, net of forfeitures |
|
— |
|
|
— |
|
|
411,968 |
|
|
411,968 |
|
Repurchase of units |
|
— |
|
|
— |
|
|
(1,911,585 |
) |
|
(1,911,585 |
) |
Units issued upon exercise of options |
|
— |
|
|
— |
|
|
1,800 |
|
|
1,800 |
|
Balance December 31, 2017 |
|
1,000,000 |
|
|
4,995,433 |
|
|
93,560,536 |
|
|
98,555,969 |
|
Units withheld for employee income taxes |
|
— |
|
|
— |
|
|
(89,437 |
) |
|
(89,437 |
) |
Exchange of Class A limited partnership units |
|
— |
|
|
(34,749 |
) |
|
34,749 |
|
|
— |
|
Grant of restricted common share awards by the Company |
|
— |
|
|
— |
|
|
355,184 |
|
|
355,184 |
|
Repurchase of units |
|
— |
|
|
— |
|
|
(919,249 |
) |
|
(919,249 |
) |
Balance December 31, 2018 |
|
1,000,000 |
|
|
4,960,684 |
|
|
92,941,783 |
|
|
97,902,467 |
|
Units withheld for employee income taxes |
|
— |
|
|
— |
|
|
(131,873 |
) |
|
(131,873 |
) |
Exchange of Class A limited partnership units |
|
— |
|
|
(49,511 |
) |
|
49,511 |
|
|
— |
|
Grant of restricted common share awards by the Company |
|
— |
|
|
— |
|
|
242,167 |
|
|
242,167 |
|
Repurchase of units |
|
— |
|
|
— |
|
|
(1,209,328 |
) |
|
(1,209,328 |
) |
Balance December 31, 2019 |
|
1,000,000 |
|
|
4,911,173 |
|
|
91,892,260 |
|
|
96,803,433 |
|
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