Long-Term Incentive Plan Units (Tables)

12 Months Ended

Dec. 31, 2022

Share-based Payment Arrangement [Abstract]

Unvested LTIP Units

The below table details unvested OP LTIP Units as of December 31, 2022:

Grant Recipient	Number of OP LTIP Units Granted	Grant Date	Vesting Date(1)
Directors:
	24,796	September 13, 2022	September 12, 2023
Dedicated or partially dedicated personnel:
	15,789	December 16, 2021	December 16, 2023
	40,254	March 7, 2022	December 31, 2023
	18,068	December 15, 2022	December 15, 2023
	14,708	December 15, 2022	December 15, 2024
Total unvested OP LTIP Units at December 31, 2022	113,615

(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 years ended December 31, 2022, 2021, and 2020:

	Year Ended December 31,
	2022			2021			2020
	Manager	Director/ Employee	Total	Manager	Director/ Employee	Total	Manager	Director/ Employee	Total
OP LTIP Units Outstanding (12/31/2021, 2020, and 2019, respectively)	365,518	310,295	675,813	365,518	247,020	612,538	365,518	180,198	545,716
Granted	—	97,826	97,826	—	68,985	68,985	—	70,460	70,460
Exercised	—	(4,066)	(4,066)	—	(5,710)	(5,710)	—	(3,638)	(3,638)
OP LTIP Units Outstanding (12/31/2022, 2021, and 2020, respectively)	365,518	404,055	769,573	365,518	310,295	675,813	365,518	247,020	612,538
OP LTIP Units Unvested and Outstanding (12/31/2022, 2021, and 2020, respectively)	—	113,615	113,615	—	79,886	79,886	—	75,550	75,550
OP LTIP Units Vested and Outstanding (12/31/2022, 2021, and 2020, respectively)	365,518	290,440	655,958	365,518	230,409	595,927	365,518	171,470	536,988