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Shareholders' Equity (Tables)

6 Months Ended

Jun. 30, 2023

Equity [Abstract]

Information with Respect to Class A Common Shares that were Surrendered or Repurchased

The following table provides information with respect to the class A common shares that were surrendered or repurchased during the six months ended June 30, 2023:


Period (1)		Total Number of Shares Purchased				Average Price Paid Per Share				Total Number of Shares Purchased as Part of Publicly Announced Plan or Program				Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs (2)
January 1-31, 2023			3,302		(3)	$	23.31				—				—
January 1-31, 2023			250,000		(4)	$	25.90				250,000			$	106,604,066
April 1-30, 2023			200,000		(4)	$	28.00				200,000			$	101,004,066
June 1-30, 2023			15,558		(3)	$	33.74				—			$	101,004,066
Total			468,860			$	27.04

(1)

Based on settlement date.

(2)

Based on the $135 million share repurchase authorization.

(3)

Surrendered by employees as payment of taxes withheld on the vesting of restricted stock and/or restricted stock units.

(4)

Purchased as part of the repurchase program announced in October 2022.

The following table provides information with respect to the class A common shares that were surrendered or repurchased during the six months ended June 30, 2022:


Period (1)		Total Number of Shares Purchased				Average Price Paid Per Share				Total Number of Shares Purchased as Part of Publicly Announced Plan or Program				Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs
January 1-31, 2022			4,781		(2)	$	25.13				—				—
June 1-30, 2022			11,173		(2)	$	26.28				—				—
Total			15,954			$	25.94			—				—

(1)

Based on settlement date.

(2)

Surrendered by employees as payment of taxes withheld on the vesting of restricted stock and/or restricted stock units.

Schedule of Distributions Declared

Distribution payments of $0.25 per common share were declared during the six months ended June 30, 2023 as follows:


Approval Date		Record Date		Payment Date		Total Distributions Declared (Dollars in thousands)
March 2, 2023		March 24, 2023		March 31, 2023		$	3,410
June 1, 2023		June 23, 2023		June 30, 2023			3,375
Various (1)		Various		Various			(21	)
Total						$	6,764

(1)

Represents distributions declared on unvested shares, net of forfeitures.

Distribution payments of $0.25 per common share were declared during the six months ended June 30, 2022 as follows:


Approval Date		Record Date		Payment Date		Total Distributions Declared (Dollars in thousands)
March 3, 2022		March 21, 2022		March 31, 2022		$	3,597
June 2, 2022		June 20, 2022		June 30, 2022			3,602
Various (1)		Various		Various			190
Total						$	7,389

(1)

Represents distributions declared on unvested shares, net of forfeitures.