Schedule of Partners' Equity of the Operating Partnership |
The following table sets forth the changes in outstanding partnership units for the three months ended March 31, 2025 and March 31, 2024: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Limited Partnership Units | | | General Partnership Units | | Class A | | Class B | | Total | Balance December 31, 2023 | | 1,150,000 | | | 4,707,958 | | | 107,643,251 | | | 112,351,209 | | Options exercised | | — | | | — | | | 24,100 | | | 24,100 | | | | | | | | | | | Grant of restricted common share awards by the Company, net of forfeitures | | — | | | — | | | 788,531 | | | 788,531 | | Issuance of deferred units | | — | | | — | | | 136,469 | | | 136,469 | | | | | | | | | | | Units withheld for employee income taxes | | — | | | — | | | (375,899) | | | (375,899) | | Balance March 31, 2024 | | 1,150,000 | | | 4,707,958 | | | 108,216,452 | | | 112,924,410 | | | | | | | | | | | Balance December 31, 2024 | | 1,250,000 | | | 4,707,958 | | | 111,488,633 | | | 116,196,591 | | Options exercised | | — | | | — | | | 5,200 | | | 5,200 | | | | | | | | | | | Exchange of Class A limited partnership units | | — | | | (45,054) | | | 45,054 | | | — | | Grant of restricted common share awards by the Company, net of forfeitures | | — | | | — | | | 595,924 | | | 595,924 | | | | | | | | | | | | | | | | | | | | Units withheld for employee income taxes | | — | | | — | | | (211,605) | | | (211,605) | | Balance March 31, 2025 | | 1,250,000 | | | 4,662,904 | | | 111,923,206 | | | 116,586,110 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
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