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Share Incentive and Other Compensation (Tables)

3 Months Ended

Mar. 31, 2025

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 as of December 31, 2023			113,909			$	14.41				1,798,659			$	16.03
Granted			49,756				17.06				766,508				16.19
Vested			(55,947	)			17.20				(448,598	)			18.77
Forfeited			(1,537	)			17.24				(62,502	)			26.47
Unvested as of December 31, 2024			106,181				14.41				2,054,067				15.17
Granted			23,130				24.75				595,212				22.33
Vested			(16,199	)			17.51				(597,087	)			15.61
Unvested as of March 31, 2025			113,112			$	15.83				2,052,192			$	17.12

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- Definition

Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.

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