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Stock-Based Compensation (Tables) | 12 Months Ended
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Dec. 31, 2022
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,
Type |  | Line Item |  | 2022 |  | 2021 |  | 2020
Performance LTIP units |  | Advisory services fee |  | $ | 1,158 |  |  | $ | 1,128 |  |  | $ | 1,972 |
LTIP units |  | Advisory services fee |  | 569 |  |  | 1,119 |  |  | 2,042 |
LTIP units |  | Corporate, general and administrative |  | 32 |  |  | 22 |  |  | — |
LTIP units - independent directors |  | Corporate, general and administrative |  | 413 |  |  | 397 |  |  | 816 |
|  |  |  | $ | 2,172 |  |  | $ | 2,666 |  |  | $ | 4,830 |
The following table summarizes the stock-based compensation expense (in thousands):
|  | Year Ended December 31,
Line Item |  | 2022 |  | 2021 |  | 2020
Advisory services fee |  | $ | 2,509 |  |  | $ | 3,716 |  |  | $ | 3,897 |
Management fees |  | 56 |  |  | 199 |  |  | 594 |
Corporate, general and administrative |  | 163 |  |  | 151 |  |  | 298 |
Corporate, general and administrative - independent directors |  | 90 |  |  | 186 |  |  | 147 |
|  | $ | 2,818 |  |  | $ | 4,252 |  |  | $ | 4,936 |
The following table summarizes the compensation expense (in thousands):
|  | Year Ended December 31,
Line Item |  | 2022 |  | 2021 |  | 2020
Advisory services fee |  | $ | 1,008 |  |  | $ | 3,177 |  |  | $ | 958 |
Summary of Restricted Stock Unit Activity | A summary of our restricted stock activity is as follows (shares in thousands):
| Year Ended December 31,
| 2022 |  | 2021 |  | 2020
| Units |  | Weighted Average Price at Grant |  | Units |  | Weighted Average Price at Grant |  | Units |  | Weighted Average Price at Grant
Outstanding at beginning of year | 231 |  |  | $ | 30.76 |  |  | 17 |  |  | $ | 306.10 |  |  | 21 |  |  | $ | 586.00 |
Restricted stock granted | 19 |  |  | 5.59 |  |  | 251 |  |  | 25.38 |  |  | 17 |  |  | 115.50 |
Restricted stock vested | (125) |  |  | 36.70 |  |  | (33) |  |  | 126.09 |  |  | (16) |  |  | 462.50 |
Restricted stock forfeited | (4) |  |  | 31.88 |  |  | (4) |  |  | 76.73 |  |  | (5) |  |  | 348.90 |
Outstanding at end of year | 121 |  |  | $ | 20.63 |  |  | 231 |  |  | $ | 30.76 |  |  | 17 |  |  | $ | 306.10 |
Summary of PSU Activity | A summary of our PSU activity is as follows (shares in thousands):
| Year Ended December 31, |  |  |  |
| 2022 |  | 2021 |  | 2020 |  |
| Units |  | Weighted Average Price at Grant |  | Units |  | Weighted Average Price at Grant |  | Units |  | Weighted Average Price at Grant |  |  |  |
Outstanding at beginning of year | 139 |  |  | $ | 34.81 |  |  | 13 |  |  | $ | 377.90 |  |  | 16 |  |  | $ | 582.00 |  |  |  |  |
PSUs granted | 34 |  |  | 12.09 |  |  | 134 |  |  | 29.70 |  |  | 7 |  |  | 80.00 |  |  |  |  |
PSUs vested | (33) |  |  | 29.70 |  |  | — |  |  | — |  |  | — |  |  | — |  |  |  |  |
PSUs forfeited | — |  |  | — |  |  | — |  |  | — |  |  | (7) |  |  | 458.30 |  |  |  |  |
PSUs canceled | (4) |  |  | 80.00 |  |  | (8) |  |  | 627.36 |  |  | (3) |  |  | 585.00 |  |  |  |  |
Outstanding at end of year | 136 |  |  | $ | 29.04 |  |  | 139 |  |  | $ | 34.81 |  |  | 13 |  |  | $ | 377.90 |  |  |  |  |

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- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
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