v3.26.1
MEZZANINE EQUITY AND EQUITY (Tables)
 6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Schedule of Conversions of Stock Centerspace redeemed Units in exchange for common shares in connection with Unitholders exercising their exchange rights during the three and six months ended June 30, 2026 and 2025 as detailed in the table below.
(in thousands)
Three Months Ended June 30,Number of Units
Total Book Value
202619 $790 
20255 $201 
Six Months Ended June 30,
202638 $1,601 
202512 $535 
The Company redeemed Series E preferred units in exchange for common shares in connection with Series E unitholders exercising their exchange rights during the three and six months ended June 30, 2026 and 2025 as detailed below.
(in thousands)
Three Months Ended June 30,
Number of Series E Preferred Units Redeemed
Number of Common Shares Issued
Total Value
20265 5 $243 
20256 8 $323 
Six Months Ended June 30,
202612 14 $608 
20256 8 $338 
Schedule of Repurchased Shares The table below provides details on the shares repurchased under this program during the three and six months ended June 30, 2026. There were no shares repurchased during the three and six months ended June 30, 2025. As of June 30, 2026, the Company had $94.0 million remaining authorized for purchase under the Share Repurchase Program.
(in thousands, except per share amounts)
Three Months Ended June 30,Number of Common Shares
Aggregate Cost(1)
Average Price Per Share(1)
202645 $2,516 $55.54 
Six Months Ended June 30,
202645 $2,516 $55.54 
(1)Amount includes commissions.