Schedule of Partners' Equity of the Operating Partnership |
The following table sets forth the changes in outstanding partnership units for the three and nine months ended September 30, 2024 and September 30, 2023:
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Limited Partnership Units |
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General Partnership Units |
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Class A |
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Class B |
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Total |
Balance June 30, 2023 |
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1,100,000 |
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4,737,982 |
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104,085,781 |
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108,823,763 |
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Options exercised |
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— |
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— |
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44,300 |
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44,300 |
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Issuance of units |
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5,000 |
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— |
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101,615 |
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101,615 |
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Forfeitures of restricted common share awards by the Company |
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— |
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— |
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— |
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— |
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Units withheld for employee income taxes |
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— |
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— |
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(5,505) |
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(5,505) |
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Balance September 30, 2023 |
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1,105,000 |
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4,737,982 |
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104,226,191 |
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108,964,173 |
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Balance December 31, 2022 |
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1,100,000 |
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4,737,982 |
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103,397,920 |
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108,135,902 |
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Options exercised |
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— |
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— |
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51,500 |
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51,500 |
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Issuance of units |
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5,000 |
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— |
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101,615 |
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101,615 |
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Grant of restricted common share awards by the Company, net of forfeitures |
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— |
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— |
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1,042,932 |
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1,042,932 |
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Units withheld for employee income taxes |
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— |
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— |
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(367,776) |
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(367,776) |
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Balance September 30, 2023 |
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1,105,000 |
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4,737,982 |
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104,226,191 |
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108,964,173 |
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Balance June 30, 2024 |
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1,150,000 |
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4,707,958 |
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108,203,536 |
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112,911,494 |
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Options exercised |
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— |
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— |
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45,625 |
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45,625 |
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Issuance of units |
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— |
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— |
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818,943 |
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818,943 |
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Forfeitures of restricted common share awards by the Company |
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— |
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— |
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(4,450) |
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(4,450) |
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Units withheld for employee income taxes |
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— |
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— |
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(5,267) |
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(5,267) |
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Balance September 30, 2024 |
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1,150,000 |
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4,707,958 |
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109,058,387 |
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113,766,345 |
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Balance December 31, 2023 |
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1,150,000 |
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4,707,958 |
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107,643,251 |
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112,351,209 |
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Options exercised |
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— |
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— |
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70,625 |
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70,625 |
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Issuance of units |
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— |
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— |
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818,943 |
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818,943 |
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Grant of restricted common share awards by the Company, net of forfeitures |
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— |
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— |
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770,265 |
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770,265 |
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Issuance of deferred share units |
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— |
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— |
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136,469 |
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136,469 |
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Units withheld for employee income taxes |
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— |
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— |
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(381,166) |
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(381,166) |
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Balance September 30, 2024 |
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1,150,000 |
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4,707,958 |
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109,058,387 |
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113,766,345 |
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