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Equity-Based Compensation
6 Months Ended
Jun. 30, 2022
Share-based Payment Arrangement [Abstract]  
Equity-Based Compensation

Note 9. Equity‑Based Compensation

Equity‑based award activity for the six months ended June 30, 2022 is as follows:

 

 

 

 

 

Weighted Average

 

 

 

 

 

 

Award Date

 

 

 

Number of Shares

 

 

Fair Value

 

Outstanding and unvested shares at December 31, 2021

 

 

187,931

 

 

$

16.75

 

Granted

 

 

53,548

 

 

 

33.52

 

Vested

 

 

(95,778

)

 

 

16.89

 

Outstanding and unvested shares at June 30, 2022

 

 

145,701

 

 

$

22.82

 

As of June 30, 2022, $2.7 million of compensation cost related to unvested restricted shares awarded under our long-term incentive plan remains to be recognized over an expected weighted‑average period of 2.1 years.