Stock-Based Compensation (Tables)

6 Months Ended

Jun. 30, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of Restricted Stock Unit Activity

The following table summarizes the Company’s unvested share awards outstanding under the PIPP:

	Six Months Ended June 30,
	2023	2022
Unvested at beginning of year(1)	3,547,153	2,210,911
Granted	4,916,912	2,466,042
Impact of fluctuations in share price(2)	—	(457,084)
Canceled/forfeited	(116,207)	(203,383)
Vested(3)	(1,680,414)	(792,249)
Unvested end of period(1)	6,667,444	3,224,237

(1)As of June 30, 2022 unvested at the beginning of year and unvested end of period includes liability-based awards for which the number of units awarded was not determined until the vesting date. The number of liability-based award units included in this amount are estimated using the market value of the Company’s common shares as of the end of each reporting period.

(2)As of June 30, 2022 the impact of fluctuations in share price represents the difference between liability-based awards estimated as of March 31, 2022 and December 31, 2021.

(3)As of June 30, 2023, 20,768 restricted stock units vested and the corresponding issuance of shares of common stock was deferred as the Company was under a trading blackout as of the date of vesting. The shares of common stock will be issued upon expiration of the trading blackout.