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Long-Term Incentive Plan Units (Tables)
3 Months Ended
Mar. 31, 2021
Share-based Payment Arrangement [Abstract]  
Unvested LTIP Units
The below table details unvested OP LTIP Units as of March 31, 2021:
Grant RecipientNumber of OP LTIP Units GrantedGrant Date
Vesting Date(1)
Directors:
22,840 September 10, 2020September 9, 2021
Dedicated or partially dedicated personnel:
10,067 December 13, 2019December 13, 2021
18,211 December 17, 2020December 17, 2021
9,834 March 4, 2020December 31, 2021
3,697 March 3, 2021December 31, 2021
14,598 December 17, 2020December 17, 2022
13,534 March 3, 2021December 31, 2022
Total unvested OP LTIP Units at March 31, 202192,781 
(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-month periods ended March 31, 2021 and 2020:
Three-Month Period Ended
March 31, 2021March 31, 2020
ManagerDirector/
Employee
TotalManagerDirector/
Employee
Total
OP LTIP Units Outstanding (December 31, 2020 and 2019, respectively)365,518 247,020 612,538 365,518 180,198 545,716 
Granted— 17,231 17,231 — 14,811 14,811 
Exercised— — — — — — 
OP LTIP Units Outstanding (March 31, 2021 and 2020, respectively)365,518 264,251 629,769 365,518 195,009 560,527 
OP LTIP Units Unvested and Outstanding (March 31, 2021 and 2020, respectively)— 92,781 92,781 — 60,939 60,939 
OP LTIP Units Vested and Outstanding (March 31, 2021 and 2020, respectively)365,518 171,470 536,988 365,518 134,070 499,588