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Equity-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Summary of Restricted Shares and Restricted Share Units

A summary of the Company’s restricted share activity during the years ended December 31, 2025, 2024 and 2023 is as follows:

 

Restricted
Shares

 

Outstanding at December 31, 2022

 

9,172

 

Granted (a)

 

4,834

 

Vested

 

(4,529

)

Outstanding at December 31, 2023

 

9,477

 

Granted (a)

 

8,346

 

Vested

 

(4,670

)

Outstanding at December 31, 2024

 

13,153

 

Granted (a)

 

9,473

 

Vested

 

(5,978

)

Outstanding at December 31, 2025

 

16,648

 

(a)
Restricted shares are granted at the then-current Estimated Per Share NAV.