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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]  
Compensation Cost
The following table summarizes the stock-based compensation expense for restricted stock (in thousands):
Year Ended December 31,
Line Item202220212020
Advisory services fee$2,195 $3,028 $2,672 
Management fees26 56 133 
Corporate general and administrative 126 111 71 
Corporate general and administrative - independent directors252 322 130 
$2,599 $3,517 $3,006 
The following table summarizes the compensation expense for PSUs (in thousands):
Year Ended December 31,
Line Item202220212020
Advisory services fee$2,876 $3,374 2,695 
Summary of Restricted Stock Activity
A summary of our restricted stock activity is as follows (shares in thousands):
Year Ended December 31,
202220212020
Number of UnitsWeighted Average
Price at Grant
Number of UnitsWeighted Average
Price at Grant
Number of UnitsWeighted Average
Price at Grant
Outstanding at beginning of year957 $6.94 536 $7.98 497 $11.89 
Restricted shares granted45 5.63 764 7.02 359 4.13 
Restricted shares vested(543)5.86 (317)6.31 (310)9.81 
Restricted shares forfeited(22)6.77 (26)6.94 (10)7.25 
Outstanding at end of year437 $6.46 957 $6.94 536 $7.98 
Summary of PSUs Activity
A summary of our PSU activity is as follows (shares in thousands):
Year Ended December 31,
202220212020
Number of UnitsWeighted Average Price at GrantNumber of UnitsWeighted Average Price at GrantNumber of UnitsWeighted Average Price at Grant
Outstanding at beginning of year671 $5.84 448 $11.71 420 $16.91 
PSUs granted41 5.63 446 7.01 225 3.51 
PSUs vested(152)4.69 — — — — 
PSUs canceled(225)3.51 (223)19.96 (197)13.43 
Outstanding at end of year335 $5.84 671 $5.84 448 $11.71