Long-Term Incentive Plan Units (Tables)

9 Months Ended

Sep. 30, 2021

Share-based Payment Arrangement [Abstract]

Unvested LTIP Units

The below table details unvested OP LTIP Units as of September 30, 2021:

Grant Recipient	Number of OP LTIP Units Granted	Grant Date	Vesting Date(1)
Directors:
	16,264	September 14, 2021	September 13, 2022
Dedicated or partially dedicated personnel:
	10,067	December 13, 2019	December 13, 2021
	18,211	December 17, 2020	December 17, 2021
	9,834	March 4, 2020	December 31, 2021
	3,697	March 3, 2021	December 31, 2021
	14,598	December 17, 2020	December 17, 2022
	13,534	March 3, 2021	December 31, 2022
Total unvested OP LTIP Units at September 30, 2021	86,205

(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, 2021 and 2020:

	Three-Month Period Ended
	September 30, 2021			September 30, 2020
	Manager	Director/ Employee	Total	Manager	Director/ Employee	Total
OP LTIP Units Outstanding (June 30, 2021 and 2020, respectively)	365,518	264,251	629,769	365,518	195,009	560,527
Granted	—	16,264	16,264	—	22,840	22,840
Exercised	—	(5,710)	(5,710)	—	(3,638)	(3,638)
OP LTIP Units Outstanding (September 30, 2021 and 2020, respectively)	365,518	274,805	640,323	365,518	214,211	579,729
OP LTIP Units Unvested and Outstanding (September 30, 2021 and 2020, respectively)	—	86,205	86,205	—	69,227	69,227
OP LTIP Units Vested and Outstanding (September 30, 2021 and 2020, respectively)	365,518	188,600	554,118	365,518	144,984	510,502

	Nine-Month Period Ended
	September 30, 2021			September 30, 2020
	Manager	Director/ Employee	Total	Manager	Director/ 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	—	33,495	33,495	—	37,651	37,651
Exercised	—	(5,710)	(5,710)	—	(3,638)	(3,638)
OP LTIP Units Outstanding (September 30, 2021 and 2020, respectively)	365,518	274,805	640,323	365,518	214,211	579,729
OP LTIP Units Unvested and Outstanding (September 30, 2021 and 2020, respectively)	—	86,205	86,205	—	69,227	69,227
OP LTIP Units Vested and Outstanding (September 30, 2021 and 2020, respectively)	365,518	188,600	554,118	365,518	144,984	510,502