Schedule of Partners' Equity of the Operating Partnership |
The following table sets forth the changes in outstanding partnership units for the three and six months ended June 30, 2024 and June 30, 2023:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Limited Partnership Units |
|
|
General Partnership Units |
|
Class A |
|
Class B |
|
Total |
Balance March 31, 2023 |
|
1,100,000 |
|
|
4,737,982 |
|
|
104,216,253 |
|
|
108,954,235 |
|
Options exercised |
|
— |
|
|
— |
|
|
4,600 |
|
|
4,600 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Forfeitures of restricted common share awards by the Company |
|
— |
|
|
— |
|
|
(73,440) |
|
|
(73,440) |
|
Units withheld for employee income taxes |
|
— |
|
|
— |
|
|
(61,632) |
|
|
(61,632) |
|
Balance June 30, 2023 |
|
1,100,000 |
|
|
4,737,982 |
|
|
104,085,781 |
|
|
108,823,763 |
|
|
|
|
|
|
|
|
|
|
Balance December 31, 2022 |
|
1,100,000 |
|
|
4,737,982 |
|
|
103,397,920 |
|
|
108,135,902 |
|
Options exercised |
|
— |
|
|
— |
|
|
7,200 |
|
|
7,200 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Grant of restricted common share awards by the Company, net of forfeitures |
|
— |
|
|
— |
|
|
1,042,932 |
|
|
1,042,932 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Units withheld for employee income taxes |
|
— |
|
|
— |
|
|
(362,271) |
|
|
(362,271) |
|
Balance June 30, 2023 |
|
1,100,000 |
|
|
4,737,982 |
|
|
104,085,781 |
|
|
108,823,763 |
|
|
|
|
|
|
|
|
|
|
Balance March 31, 2024 |
|
1,150,000 |
|
|
4,707,958 |
|
|
108,216,452 |
|
|
112,924,410 |
|
Options exercised |
|
— |
|
|
— |
|
|
900 |
|
|
900 |
|
Forfeitures of restricted common share awards by the Company |
|
— |
|
|
— |
|
|
(13,816) |
|
|
(13,816) |
|
Units withheld for employee income taxes |
|
— |
|
|
— |
|
|
— |
|
|
— |
|
Balance June 30, 2024 |
|
1,150,000 |
|
|
4,707,958 |
|
|
108,203,536 |
|
|
112,911,494 |
|
|
|
|
|
|
|
|
|
|
Balance December 31, 2023 |
|
1,150,000 |
|
|
4,707,958 |
|
|
107,643,251 |
|
|
112,351,209 |
|
Options exercised |
|
— |
|
|
— |
|
|
25,000 |
|
|
25,000 |
|
|
|
|
|
|
|
|
|
|
Grant of restricted common share awards by the Company, net of forfeitures |
|
— |
|
|
— |
|
|
774,715 |
|
|
774,715 |
|
Issuance of deferred share units |
|
— |
|
|
— |
|
|
136,469 |
|
|
136,469 |
|
|
|
|
|
|
|
|
|
|
Units withheld for employee income taxes |
|
— |
|
|
— |
|
|
(375,899) |
|
|
(375,899) |
|
Balance June 30, 2024 |
|
1,150,000 |
|
|
4,707,958 |
|
|
108,203,536 |
|
|
112,911,494 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|