Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2020

Share-based Payment Arrangement [Abstract]

Schedule of Compensation Cost for Share-based Payment Arrangements

Compensation cost relating to stock-based compensation for the years ended December 31, 2020, 2019, and 2018 was recorded as follows (in thousands):

	Years Ended December 31,
	2020		2019		2018
General and administrative expense	$	1,615	$	1,211	$	1,073
General contracting and real estate services expenses	763		402		213
Capitalized in conjunction with development projects	483		746		661
Total stock-based compensation cost	$	2,861	$	2,359	$	1,947

Summary of the changes in the company's nonvested restricted stock awards

The following table summarizes the changes in the Company’s nonvested restricted stock awards during the year ended December 31, 2020:

	Restricted Stock Awards	Weighted Average Grant Date Fair Value Per Share
Nonvested as of January 1, 2020	143,952	$	14.88
Granted	176,382	15.77
Vested	(151,041)	15.42
Forfeited	(1,715)	16.35
Nonvested as of  December 31, 2020	167,578	$	15.31