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Share Incentive and Other Compensation (Tables)
3 Months Ended
Mar. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of Unvested Restricted Shares and LTIP Units

A summary of the status of the Company’s unvested Restricted Shares and LTIP Units is presented below:

 

Unvested Restricted Shares and LTIP Units

 

Common
Restricted
Shares

 

 

Weighted
Grant-Date
Fair Value

 

 

LTIP Units

 

 

Weighted
Grant-Date
Fair Value

 

Unvested at December 31, 2021

 

 

89,746

 

 

$

16.87

 

 

 

1,415,195

 

 

$

20.85

 

Granted

 

 

45,813

 

 

 

20.98

 

 

 

637,818

 

 

 

21.04

 

Vested

 

 

(40,894

)

 

 

19.75

 

 

 

(309,283

)

 

 

22.86

 

Forfeited

 

 

(1,930

)

 

 

31.82

 

 

 

(278,332

)

 

 

31.16

 

Unvested at December 31, 2022

 

 

92,735

 

 

 

17.31

 

 

 

1,465,398

 

 

 

18.59

 

Granted

 

 

22,314

 

 

 

15.38

 

 

 

739,734

 

 

 

15.08

 

Vested

 

 

(11,036

)

 

 

21.41

 

 

 

(313,720

)

 

 

20.53

 

Forfeited

 

 

(2,050

)

 

 

33.24

 

 

 

(91,604

)

 

 

30.96

 

Unvested at March 31, 2023

 

 

101,963

 

 

$

16.13

 

 

 

1,799,808

 

 

$

16.15