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Stock-Based Compensation (Tables)
 6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Summary Of Changes In Non Vested Options
A summary of the unvested restricted shares is as follows:
20252024
 
Number of Shares
Weighted Average Grant Date Fair Value Per Share
Number of Shares
Weighted Average Grant Date Fair Value Per Share
Unvested as of January 1
165,497 $11.81 271,540 $12.93 
Granted381,796 8.74 278,465 10.70 
Vested(377,253)9.95 (231,469)12.00 
Forfeited(5,999)9.74 (8,832)11.36 
Unvested as of June 30
164,041 $9.02 309,704 $11.67 
A summary of the unvested LTIP Unit awards is as follows:
20252024
 
Number of Shares
Weighted Average Grant Date Fair Value Per Share
Number of Shares
Weighted Average Grant Date Fair Value Per Share
Unvested as of January 1
119,872 $9.66 39,694 $10.14 
Granted2,106,041 6.44 125,829 9.64 
Vested(95,208)8.57 (90,025)9.86 
Forfeited— — — — 
Unvested as of June 30
2,130,705 $6.52 75,498 $9.64 
Schedule of Nonvested Performance-Based Units Activity
A summary of the unvested Performance Unit awards is as follows:
20252024
 
Number of Shares
Weighted Average Grant Date Fair Value Per Share
Number of Shares
Weighted Average Grant Date Fair Value Per Share
Unvested as of January 1
110,375 $11.98 110,625 $13.74 
Granted45,000 10.45 50,000 9.23 
Vested(1)
— — — — 
Forfeited(9,125)11.39 (9,375)12.45 
Unvested as of June 30
146,250 $11.55 151,250 $12.33 
________________________________________
(1)This represents Performance Units which are vested but not settled as shares of common stock until the following period.

Date of Award
Number of Units Granted
Grant Date Fair Value
Conversion Range
Risk Free Interest Rate
Volatility
Expected Dividends
202035,000 $11.57 
0% to 200%
1.66 %18.0 %5.0 %
202142,500 9.67 
0% to 200%
0.17 %49.0 %4.7 %
202247,500 17.12 
0% to 200%
0.98 %50.0 %4.7 %
202347,500 12.61 
0% to 200%
(1)
4.23 %51.0 %5.4 %
202450,000 9.23 
0% to 200%
(1)
4.32 %27.0 %6.2 %
202545,000 10.45 
0% to 200%
(1)
4.35 %26.0 %6.9 %
________________________________________
(1)For Performance Units granted in 2022 and beyond, only 50% of each Award is subject to the conversion range. The remainder (50%) is guaranteed 1 to 1 conversion as long as the employee remains employed at the Company.