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, 2023 and September 30, 2022:
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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, 2022 |
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1,100,000 |
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4,761,559 |
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103,294,792 |
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108,056,351 |
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Options exercised |
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— |
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— |
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5,000 |
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5,000 |
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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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(15,572) |
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(15,572) |
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Units withheld for employee income taxes |
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— |
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— |
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(37,792) |
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(37,792) |
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Balance September 30, 2022 |
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1,100,000 |
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4,761,559 |
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103,246,428 |
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108,007,987 |
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Balance December 31, 2021 |
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1,100,000 |
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4,761,559 |
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102,984,734 |
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107,746,293 |
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Options exercised |
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— |
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— |
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7,700 |
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7,700 |
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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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483,764 |
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483,764 |
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Units withheld for employee income taxes |
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— |
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— |
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(229,770) |
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(229,770) |
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Balance September 30, 2022 |
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1,100,000 |
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4,761,559 |
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103,246,428 |
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108,007,987 |
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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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