XML 74 R59.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Equity - Incentive and Share-Based Compensation (Details)
$ / shares in Units, $ in Millions
1 Months Ended 3 Months Ended
Mar. 31, 2024
USD ($)
shares
Mar. 31, 2024
USD ($)
$ / shares
shares
Mar. 31, 2023
USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
LTIP unit, share of stock equivalent (in shares) 1 1  
Conversion rate tor LTIP units to OP units 1 1  
Dividends on common stock received until performance criteria met for LTIP units (as a percent) 10.00% 10.00%  
Dividends on common stock received after performance criteria met for LTIP units (as a percent) 90.00% 90.00%  
Dividends on common stock received in periods after performance criteria met for LTIP units (as a percent) 100.00% 100.00%  
Granted (in USD per share) | $ / shares   $ 7.74  
Awards that Meet Age and Service Requirements for Vesting      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Noncash share-based compensation expense recognized | $   $ 0.7 $ 0.7
Unrecognized compensation expense | $ $ 16.6 $ 16.6  
Unrecognized compensation expense, period for recognition (in years)   2 years 9 months 18 days  
Awards that Do Not Meet Age and Service Requirements for Vesting      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Noncash share-based compensation expense recognized | $   $ 2.7 $ 3.7
Unrecognized compensation expense | $ $ 31.2 $ 31.2  
Unrecognized compensation expense, period for recognition (in years)   2 years 7 months 6 days  
Minimum      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Age of grantee at which LTIP unit and restricted stock awards immediately vest (in years)   60 years  
Maximum      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Age of grantee at which LTIP unit and restricted stock awards immediately vest (in years)   65 years  
Granted In 2020 And After      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Retirement age (in years)   65 years  
Granted Before 2020      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Retirement age (in years)   60 years  
Long-Term Incentive Plan Unit and Restricted Stock      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Fair value of share-based awards granted in period | $   $ 26.1  
Granted (in USD per share) | $ / shares   $ 7.74  
Dividend rate (as a percent)   1.60%  
Risk-free interest rate, minimum (as a percent)   4.40%  
Risk free interest rate, maximum (as a percent)   5.10%  
Expected price volatility, minimum (as a percent)   37.00%  
Expected price volatility, maximum (as a percent)   48.00%  
Long-Term Incentive Plan Unit and Restricted Stock | Minimum      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Expected term (in years)   2 years  
Long-Term Incentive Plan Unit and Restricted Stock | Maximum      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Expected term (in years)   5 years 3 months 18 days  
Time-based LTIPs      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Granted (in shares)   1,321,257  
Time-based LTIPs | Minimum      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Award vesting period (in years)   3 years  
Time-based LTIPs | Median      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Award vesting period (in years)   4 years  
Time-based LTIPs | Maximum      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Award vesting period (in years)   5 years  
Time-based LTIPs | March 2024 Awards      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Granted (in shares) 130,016    
Fair value of share-based awards granted in period | $ $ 1.2    
Market-based LTIPs      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Granted (in shares)   1,010,132  
Market-based LTIPs | Minimum      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Award vesting period (in years)   3 years  
Market-based LTIPs | Maximum      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Award vesting period (in years)   4 years  
Market-based LTIPs | March 2024 Awards      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Granted (in shares) 118,919    
Fair value of share-based awards granted in period | $ $ 0.9    
Performance period (in years) 3 years    
Performance-based LTIPs      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Granted (in shares)   781,401  
Performance-based LTIPs | March 2024 Awards      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Granted (in shares) 91,901    
Fair value of share-based awards granted in period | $ $ 0.9    
Performance period (in years) 1 year    
TSR modifier period (in years) 3 years    
Time Restricted Shares | March 2024 Awards      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Granted (in shares) 259,927    
Fair value of share-based awards granted in period | $ $ 2.6    
Executive officer | Time-based LTIPs | March 2024 Awards      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Granted (in shares) 1,191,241    
Fair value of share-based awards granted in period | $ $ 9.7    
Executive officer | Market-based LTIPs | March 2024 Awards      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Granted (in shares) 891,213    
Fair value of share-based awards granted in period | $ $ 5.4    
Executive officer | Performance-based LTIPs | March 2024 Awards      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Granted (in shares) 689,500    
Fair value of share-based awards granted in period | $ $ 5.4    
2019 Plan      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Number of shares authorized under the plan (in shares) 11,000,000 11,000,000  
Number of shares that remain available for future issuance (in shares) 1,000,000 1,000,000