Long-Term Incentive Plan Units (Tables)

9 Months Ended

Sep. 30, 2020

Share-based Payment Arrangement [Abstract]

Unvested LTIP Units

The below table details unvested OP LTIP Units as of September 30, 2020:

Grant Recipient	Number of OP LTIP Units Granted	Grant Date	Vesting Date(1)
Directors:
	22,840	September 10, 2020	September 9, 2021
Dedicated or partially dedicated personnel:
	12,818	December 13, 2019	December 13, 2020
	10,067	December 13, 2019	December 13, 2021
	8,691	December 11, 2018	December 11, 2020
	4,977	March 4, 2020	December 31, 2020
	9,834	March 4, 2020	December 31, 2021
Total unvested OP LTIP Units at September 30, 2020	69,227

(1)Date at which such OP LTIP Units will vest and become non-forfeitable.

Roll-Forward of Company's LTIP Units Outstanding

The following tables summarize issuance and exercise activity of OP LTIP Units for the three- and nine-month periods ended September 30, 2020 and 2019:

	Three-Month Period Ended
	September 30, 2020			September 30, 2019
	Manager	Director/ Employee	Total	Manager	Director/ Employee	Total
OP LTIP Units Outstanding (June 30, 2020 and 2019, respectively)	365,518	195,009	560,527	375,000	146,371	521,371
Granted	—	22,840	22,840	—	14,552	14,552
Exercised	—	(3,638)	(3,638)	—	(3,610)	(3,610)
OP LTIP Units Outstanding (September 30, 2020 and 2019, respectively)	365,518	214,211	579,729	375,000	157,313	532,313
OP LTIP Units Unvested and Outstanding (September 30, 2020 and 2019, respectively)	—	69,227	69,227	—	37,821	37,821
OP LTIP Units Vested and Outstanding (September 30, 2020 and 2019, respectively)	365,518	144,984	510,502	375,000	119,492	494,492

	Nine-Month Period Ended
	September 30, 2020			September 30, 2019
	Manager	Director/ Employee	Total	Manager	Director/ Employee	Total
OP LTIP Units Outstanding (December 31, 2019 and January 1, 2019, respectively)	365,518	180,198	545,716	375,000	146,371	521,371
Granted	—	37,651	37,651	—	14,552	14,552
Exercised	—	(3,638)	(3,638)	—	(3,610)	(3,610)
OP LTIP Units Outstanding (September 30, 2020 and 2019, respectively)	365,518	214,211	579,729	375,000	157,313	532,313
OP LTIP Units Unvested and Outstanding (September 30, 2020 and 2019, respectively)	—	69,227	69,227	—	37,821	37,821
OP LTIP Units Vested and Outstanding (September 30, 2020 and 2019, respectively)	365,518	144,984	510,502	375,000	119,492	494,492