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Shareholders' Equity (Tables) | 9 Months Ended
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Sep. 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 nine months ended September 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 nine months ended September 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 nine months ended September 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 |
September 28, 2023 |  | October 9, 2023 |  | October 16, 2023 |  |  | 3,385 |
Various (1) |  | Various |  | Various |  |  | (20 | )
Total |  |  |  |  |  | $ | 10,150 |
(1) Represents distributions declared on unvested shares, net of forfeitures. Distribution payments of $0.25 per common share were declared during the nine months ended September 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 |
September 23, 2022 |  | October 4, 2022 |  | October 11, 2022 |  |  | 3,616 |
Various (1) |  | Various |  | Various |  |  | 274 |
Total |  |  |  |  |  | $ | 11,089 |
(1) Represents distributions declared on unvested shares, net of forfeitures.

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- Definition Tabular disclosure of treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481520/505-30-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481520/505-30-50-3 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481520/505-30-50-4 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481549/505-30-45-1 + Details
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