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Share-Based Compensation Plan (Tables)

9 Months Ended

Sep. 30, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of Service Condition Restricted Share Activity

From time to time, the Company awards restricted common shares under the Plan to members of the Board of Trustees, officers and employees. These shares generally vest over three to five years based on continued service or employment. The following table provides a summary of service condition restricted share activity during the nine months ended September 30, 2024:

			Shares						Weighted-Average Grant Date  Fair Value
Unvested at December 31, 2023			443,549						$	19.88
Granted			139,134						$	16.11
Vested			(171,508)						$	21.20
Forfeited			(3,127)						$	15.69
Unvested at September 30, 2024			408,048						$	18.07

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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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