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Share Incentive and Other Compensation (Tables)
3 Months Ended
Mar. 31, 2021
Disclosure Of Compensation Related Costs Sharebased Payments [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 January 1, 2020

 

 

42,390

 

 

$

23.73

 

 

 

936,180

 

 

$

28.24

 

Granted

 

 

66,824

 

 

 

13.70

 

 

 

440,829

 

 

 

19.64

 

Vested

 

 

(19,264

)

 

 

27.72

 

 

 

(250,241

)

 

 

30.44

 

Forfeited

 

 

(39

)

 

 

24.77

 

 

 

(3,879

)

 

 

24.67

 

Unvested at December 31, 2020

 

 

89,911

 

 

 

15.42

 

 

 

1,122,889

 

 

 

24.38

 

Granted

 

 

12,361

 

 

 

18.50

 

 

 

633,462

 

 

 

19.42

 

Vested

 

 

(7,847

)

 

 

26.13

 

 

 

(250,748

)

 

 

28.20

 

Forfeited

 

 

(159

)

 

 

36.22

 

 

 

(91,637

)

 

 

36.22

 

Unvested at March 31, 2021

 

 

94,266

 

 

$

14.90

 

 

 

1,413,966

 

 

$

20.72