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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock-based Compensation Related to Company's Awards
The following table presents the classification and amount recognized for stock-based compensation related to the Company’s awards:
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Expensed stock compensation(1)
$6,918 $6,311 $13,485 $11,547 
Capitalized stock compensation(2)
484 682 1,089 1,354 
TOTAL STOCK COMPENSATION(3)
$7,402 $6,993 $14,574 $12,901 
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1.Amounts are recorded in general and administrative expenses on the Consolidated Statements of Operations.
2.Amounts are recorded in investment in real estate, at cost on the Consolidated Balance Sheets.
3.Part of the stock compensation amount incurred during the six months ended June 30, 2024 is settled in cash. The rest of the amount is recorded in additional paid-in capital and non-controlling interest—units in the operating partnership on the Consolidated Balance Sheets.