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Stock Based Compensation (Tables)
6 Months Ended
Jun. 30, 2023
Share-Based Payment Arrangement [Abstract]  
Summary of Award Activity under Plans

The following is the activity under the Plans during the six month period ended June 30, 2023.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Maximum
Awarded
Service
Units

 

 

Weighted
Average
Grant
Date
Fair Value

 

 

Maximum
Awarded
Performance
Units

 

 

Weighted
Average
Grant
Date
Fair Value

 

Beginning balance - non-vested shares

 

193,015

 

 

$

16.69

 

 

 

137,369

 

 

$

15.85

 

Granted

 

54,095

 

 

 

13.12

 

 

 

102,750

 

 

 

14.16

 

Vested

 

(27,740

)

 

 

12.96

 

 

 

(30,635

)

 

 

14.35

 

Forfeited

 

(1,541

)

 

 

17.64

 

 

 

0

 

 

 

0.00

 

Ending balance - non-vested shares

 

217,829

 

 

$

15.84

 

 

 

209,484

 

 

$

15.01

 

 

The following is the activity under the Plans during the six month period ended June 30, 2022.

 

 

 

Maximum
Awarded
Service
Units

 

 

Weighted
Average
Grant
Date
Fair Value

 

 

Maximum
Awarded
Performance
Units

 

 

Weighted
Average
Grant
Date
Fair Value

 

Beginning balance - non-vested shares

 

99,564

 

 

$

16.13

 

 

 

158,988

 

 

$

14.40

 

Granted

 

101,768

 

 

 

17.05

 

 

 

56,724

 

 

 

17.25

 

Vested

 

(20,771

)

 

 

16.81

 

 

 

(65,481

)

 

 

17.48

 

Forfeited

 

0

 

 

 

0.00

 

 

 

(12,862

)

 

 

14.74

 

Ending balance - non-vested shares

 

180,561

 

 

$

16.92

 

 

 

137,369

 

 

$

15.85