Stock Incentive Plans (Tables)

12 Months Ended

Dec. 31, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of Fair Value Assumptions

The grant date fair value of these awards was estimated using a Monte Carlo simulation model. Significant inputs used in the estimation of fair value of these awards granted during the years ended December 31, 2023 and 2022 are as follows:

Significant Input	December 31, 2023	December 31, 2022
Closing share price of our common stock	$45.50 to $53.77	$53.24 to $65.88
Risk-free rate of return	4.73% to 5.05%	1.05% to 4.23%
Expected volatility of our common stock	49.07% to 54.08%	54.74% to 71.40%
Holding period discount	12.43% to 12.83%	0.00% to 11.41%
Simulation term (in years)	0.75 to 0.82	0.81 to 3.5
Range of target	0% to 200%	0% to 200%

Schedule of Restricted Stock and RSU Activity

A summary of restricted stock and RSU activity under the 2016 Plan for the years ended December 31, 2023, 2022 and 2021 is as follows:

	Number of Restricted shares and RSUs	Weighted Average Grant Date Fair Value		Aggregate Fair Value (in millions)
Unvested awards as of December 31, 2020	218,013	$	27.48
Granted	160,878	$	36.58
Vested	(124,447)	$	29.62
Forfeited	(7,818)	$	31.33
Unvested awards as of December 31, 2021	246,626	$	32.72
Granted	205,131	$	52.90
Vested	(125,033)	$	33.78
Forfeited	(3,596)	$	34.46
Unvested awards as of December 31, 2022	323,128	$	45.10
Granted	96,577	$	55.73
Vested	(146,959)	$	42.54
Forfeited	(807)	$	43.03
Unvested awards as of December 31, 2023	271,939	$	50.26	$	15.1

Schedule of Compensation Expenses

Stock-based compensation expense for all stock awards, which is recognized in General and administrative expenses in the Consolidated Statements of Operations, for the years ended December 31, 2023, 2022 and 2021 is as follows:

	Year Ended
	December 31, 2023		December 31, 2022		December 31, 2021
Stock-based compensation expense	$	7,492	$	6,108	$	3,481