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Equity (Tables)
12 Months Ended
Dec. 31, 2020
Stockholders' Equity Note [Abstract]  
Summary of Common Shares Outstanding
The following table summarizes issuance, repurchase, and other activity with respect to the Company's common stock for the years ended December 31, 2020 and 2019:
Year Ended
December 31, 2020December 31, 2019
Shares of Common Stock Outstanding
(12/31/2019 and 1/1/2019, respectively)
38,647,943 29,796,601 
Share Activity:
Shares of common stock issued5,290,000 8,855,000 
Shares of common stock issued in connection with incentive fee payment637 — 
Shares of common stock repurchased(290,050)(50,825)
OP LTIP Units exercised— 13,092 
OP Units exercised133,154 34,075 
Shares of Common Stock Outstanding
(12/31/2020 and 12/31/2019, respectively)
43,781,684 38,647,943 
The following table summarizes issuance, repurchase, and other activity with respect to the Company's common shares for the year ended December 31, 2018:
Year Ended
December 31, 2018
Common Shares Outstanding (December 31, 2017)31,335,938 
Share Activity:
Shares repurchased(1,547,148)
Director LTIP Units exercised3,334 
Shares issued in connection with incentive fee payment4,477 
Common Shares Outstanding (December 31, 2018)
29,796,601