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Stock Incentive Plans (Tables)
 6 Months Ended
Jun. 30, 2020
Share-based Payment Arrangement [Abstract]  
Summary of restricted stock awards A summary of our restricted stock awards from January 1, 2020 to June 30, 2020 is as follows:
 
Number of
Shares
 
Weighted-
Average Grant
Date Fair
Value
Unvested balance at January 1, 2020
472,999

 
$
10.40

Granted
343,410

 
9.41

Vested
(229,664
)
 
10.55

Forfeited
(13,683
)
 
9.99

Unvested balance at June 30, 2020
573,062

 
$
9.76
Schedule of nonvested performance-based units activity
A summary of our PSUs from January 1, 2020 to June 30, 2020 is as follows:
 
Number of
Target Units
 
Weighted-
Average Grant
Date Fair
Value
Unvested balance at January 1, 2020
796,532

 
$
11.16

Granted
352,035

 
9.02

Additional units from dividends
9,556

 
10.42

Vested (1)
(245,937
)
 
11.00

Unvested balance at June 30, 2020
912,186

 
$
9.63


______________________
(1)
The number of shares of common stock earned for the PSUs vested in 2020 was equal to 123.07% of the PSU Target Award.
Summary of LTIP units
A summary of our LTIP units from January 1, 2020 to June 30, 2020 is as follows:

 
Number of Units
 
Weighted-
Average Grant
Date Fair
Value
Unvested balance at January 1, 2020
244,366

 
$
10.65

Granted
80,898

 
9.58

Vested (1)
(81,455
)
 
10.65

Unvested balance at June 30, 2020
243,809

 
$
10.29

______________________
(1)
As of June 30, 2020, all vested LTIP units have been converted to common OP units.