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Related Party Transactions
9 Months Ended
Sep. 30, 2021
Related Party Transactions [Abstract]  
Related Party Transactions
12. Related Party Transactions

On June 8, 2021, the Chief Executive Officer (“CEO”) of the Company elected to irrevocably waive all of his compensation that he would otherwise have been entitled to for the period from July 1, 2021 to November 30, 2021. On June 30, 2020, the CEO of the Company elected to irrevocably waive all of his compensation that he would otherwise have been entitled to for the period from July 1, 2020 to November 10, 2020. For the three and nine months ended September 30, 2021 and 2020, the waivers reduced compensation expense by $10.4 million and $8.5 million, respectively, and management fee expense by $2.9 million and $1.4 million, respectively.