v3.26.3
MEZZANINE EQUITY AND EQUITY (Tables)
9 Months Ended
Sep. 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 nine months ended September 30, 2026 and 2025 as detailed in the table below.
(in thousands)
Three Months Ended September 30,Number of Units
Total Book Value
20264 $145 
20255 $215 
Nine Months Ended September 30,
202642 $1,746 
202517 $750 
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 nine months ended September 30, 2026 and 2025 as detailed below.
(in thousands)
Three Months Ended September 30,
Number of Series E Preferred Units Redeemed
Number of Common Shares Issued
Total Value
202621 26 $1,022 
20254 4 $189 
Nine Months Ended September 30,
202633 40 $1,630 
202510 12 $526 
Schedule of Repurchased Shares The table below provides details on the shares repurchased under these programs during the nine months ended September 30, 2026 and 2025. As of September 30, 2026, the Company had $50.0 million remaining authorized for purchase under the 2026 Share Repurchase Program.
(in thousands, except per share amounts)
Nine Months Ended September 30,Number of Common Shares
Aggregate Cost(1)
Average Price Per Share(1)
202645 $2,516 $55.54 
202563 3,454 54.86 
(1)Amount includes commissions.