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SHARE BASED PAYMENTS (Tables)
9 Months Ended
Sep. 30, 2020
Share-based Payment Arrangement [Abstract]  
Summary of unvested share awards issued to executives
A summary of our share based compensation activity from January 1, 2020 to September 30, 2020 is as follows:
LTIP Unit AwardsRestricted Share AwardsShare Awards
Number of UnitsWeighted Average Grant Date Fair ValueNumber of Restricted SharesWeighted Average Grant Date Fair ValueNumber of SharesWeighted Average Grant Date Fair Value
Unvested Balance as of December 31, 2019441,201 $17.99 92,102 $17.07 — 
Granted1,112,862 5.24 189,851 5.34 — N/A
Vested(120,459)5.23 (78,962)12.49 — N/A
Forfeited— N/A(113)18.00 — N/A
Unvested Balance as of September 30, 20201,433,604 $9.16 202,878 $7.87 — 
Schedule of employee service share-based compensation, allocation of recognized period costs
The following table summarizes share based compensation expense for the three and nine months ended September 30, 2020 and 2019 and unearned compensation as of September 30, 2020 and December 31, 2019:
Share Based
Compensation Expense
Unearned
Compensation
For the Three Months EndedFor the Nine Months EndedAs of
9/30/20209/30/20199/30/20209/30/20199/30/202012/31/2019
Issued Awards
LTIP Unit Awards$1,169 $1,428 $4,120 $4,218 $3,071 $2,878 
Restricted Share Awards428 334 1,103 1,128 958 1,051 
Share Awards— — — 402 — — 
Unissued Awards
Market Based339 388 968 1,078 2,285 2,739 
Performance Based— (141)— 615 — — 
Total$1,936 $2,009 $6,191 $7,441 $6,314 $6,668 
Disclosure of share-based compensation arrangements by share-based payment award
The remaining unvested target units are expected to vest as follows:
2020202120222023
LTIP Unit Awards535,478898,126— — 
Restricted Share Awards3,784187,3938,1703,531
539,262 1,085,519 8,170 3,531