Employee Incentive Plans (Tables)

6 Months Ended

Jun. 30, 2023

Postemployment Benefits [Abstract]

Total Stock-based Compensation Expense

Stock-based compensation expense, included in “Compensation and benefits” expense on the Income Statement, was as follows for the periods presented:

	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
RSUs and PBRSUs	$	18,145	$	19,804	$	32,437	$	37,167
Stock options	—		20		—		40
Stock-based compensation expense, gross	18,145		19,824		32,437		37,207
Less: Capitalized stock-based compensation expense	2,317		2,051		4,721		3,740
Stock-based compensation expense, net	$	15,828	$	17,773	$	27,716	$	33,467

Schedule of RSU Activity

The following table summarizes the activities for the Company’s RSUs:

	Number of Units	Weighted- Average Grant Date Fair Value
Unvested at December 31, 2022	8,672,626	$	12.94
Granted	6,299,789	$	7.71
Vested	(2,761,401)	$	11.96
Forfeited/expired	(1,480,127)	$	12.72
Unvested at June 30, 2023	10,730,887	$	10.15

Schedule of PBRSU Activity

The following table summarizes the activities for the Company’s PBRSUs:

	Number of Units	Weighted- Average Grant Date Fair Value
Unvested at December 31, 2022	1,754,898	$	11.19
Granted	807,499	$	7.15
Vested	(870,766)	$	4.22
Forfeited/expired	(104,084)	$	11.77
Unvested at June 30, 2023	1,587,547	$	12.63