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Equity (Tables)
 3 Months Ended
Mar. 31, 2021
Equity [Abstract]  
Schedule of Sale of Stock by Subsidiary or Equity Method Investee Disclosure
The following table summarizes the DRP offerings, by share class, as of March 31, 2021.
Share ClassAmountShares
Class A$7,837 846,370
Class AA15,4741,670,921
Class AAA23425,328
Class D151,614
Class E301,31231,186,771
Class I34837,271
Class S— 12
Class T13314,286
Total$325,353 33,782,573 
Schedule of Share Redemption Activity three months ended March 31, 2021 and 2020:
Three Months Ended March 31,
20212020
Shares of common stock redeemed772,265 548,312 
Weighted average price per share$8.96 $9.32 
Nonvested Restricted Stock Shares Activity
Total compensation expense for the three months ended March 31, 2021 and 2020 was approximately $1.7 million and $1.0 million, respectively.
Number of Unvested Shares of RSU AwardsWeighted-Average Grant Date Fair Value per Share
Balance at December 31, 2019757,061 
  Granted589,248 $9.35 
  Forfeited(3,744)$9.35 
  Vested(398,729)$9.48 
Balance at December 31, 2020943,836 
  Granted1,619,255 $8.97 
  Forfeited(98,323)$9.13 
  Vested(1)
(158,599)$9.22 
Balance at March 31, 20212,306,169 
(1) Total shares vested include 83,027 shares of common stock that were tendered by employees during the three months ended March 31, 2021 to satisfy minimum statutory tax with holdings requirements associated with the vesting of RSUs