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Stockholders' Equity (Tables)
 3 Months Ended
Mar. 31, 2023
Equity [Abstract]  
Schedule of Nonvested Restricted Stock Units Activity
As of March 31, 2023, the number of RSUs granted that are outstanding was as follows (dollars in thousands):
DatesNumber of RSUsValue (1)
Outstanding December 31, 2022488,326 $19,943 
Granted— — 
Vested(52,921)(2)(2,468)
Forfeited— — 
Outstanding March 31, 2023435,405 $17,475 
(1)
Value is based on the number of RSUs granted multiplied by the most recent NAV per share on the date of grant, which was $54.14 for the February 17, 2022 grant, $36.56 for the February 15, 2021 grant, $30.82 for the May 11, 2020 grant, and $29.85 for the December 10, 2019 grant.
(2)
Certain grantees elected to net the taxes owed upon vesting against the Shares issued resulting in 44,289 Shares being issued as shown on the consolidated statements of stockholders’ equity.
Share-Based Compensation Arrangements by Share-Based Payment Award, Restricted Stock Units, Vested and Expected to Vest
The vesting schedule for the outstanding RSUs is as follows:
Vest DateRSUs Vesting
May 11, 202321,217 
December 10, 202318,426 
February 15, 202422,591 
February 17, 202422,019 
May 11, 202421,217 
February 14, 202522,591 
February 17, 202522,019 
February 17, 202622,019 
Upon successful completion of IPO263,306 
435,405