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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2021
Share-based Payment Arrangement [Abstract]  
Schedule of Compensation Expense
We recorded compensation expense for Performance LTIP units and LTIP units as presented in the table below (in thousands):
Year Ended December 31,
TypeLine Item202120202019
Performance LTIP unitsAdvisory services fee$1,128 $1,972 $3,594 
LTIP unitsAdvisory services fee1,119 2,042 3,264 
LTIP unitsCorporate, general and administrative22 — — 
LTIP units - independent directorsCorporate, general and administrative397 816 446 
$2,666 $4,830 $7,304 
The following table summarizes the stock-based compensation expense (in thousands):
Year Ended December 31,
Line Item202120202019
Advisory services fee$3,716 $3,897 $6,268 
Management fees199 594 768 
Corporate, general and administrative151 298 350 
Corporate, general and administrative - independent directors186 147 90 
$4,252 $4,936 $7,476 
The following table summarizes the compensation expense (in thousands):
Year Ended December 31,
Line Item202120202019
Advisory services fee$3,177 $958 $4,937 
Summary of Restricted Stock Unit Activity
A summary of our restricted stock activity is as follows (shares in thousands):
Year Ended December 31,
202120202019
UnitsWeighted Average Price at GrantUnitsWeighted Average Price at GrantUnitsWeighted Average Price at Grant
Outstanding at beginning of year17 $306.10 21 $586.00 17 $656.00 
Restricted stock granted251 25.38 17 115.50 14 536.00 
Restricted stock vested(33)126.09 (16)462.50 (9)650.00 
Restricted stock forfeited(4)76.73 (5)348.90 (1)582.00 
Outstanding at end of year231 $30.76 17 $306.10 21 $586.00 
Summary of PSU Activity
A summary of our PSU activity is as follows (shares in thousands):
Year Ended December 31,
202120202019
UnitsWeighted Average Price at GrantUnitsWeighted Average Price at GrantUnitsWeighted Average Price at Grant
Outstanding at beginning of year13 $377.90 16 $582.00 $631.00 
PSUs granted134 29.70 80.00 536.00 
PSU’s forfeited— — (7)458.30 — — 
PSUs canceled(8)627.36 (3)585.00 — — 
Outstanding at end of year139 $34.81 13 $377.90 16 $582.00