Equity Based Compensation (Tables)

12 Months Ended

Dec. 31, 2022

Share-Based Payment Arrangement [Abstract]

Disclosure of share-based compensation arrangements by share-based payment award

RSU activity under the 2020 Plan was as follows:

	Number of Shares	Weighted Average Grant Date Fair Value
Outstanding non-vested, December 31, 2019	—	$	—
Shares granted	500,006	$	22.00
Shares vested	—	$	—
Shares forfeited	—	$	—
Outstanding non-vested, December 31, 2020	500,006	$	22.00
Shares granted	661,924	$	23.17
Shares vested	(157,473)	$	22.00
Shares forfeited	(74,048)	$	27.51
Outstanding non-vested, December 31, 2021	930,409	$	22.39
Shares granted	1,484,782	$	10.93
Shares vested	(458,849)	$	20.00
Shares forfeited	(255,518)	$	15.42
Outstanding non-vested, December 31, 2022	1,700,824	$	13.81

The following assumptions were used in the Monte Carlo simulation for computing the grant date fair value of the PSUs with a market condition for each grant year:

	2022		2021
Volatility	60	%	66	%
Risk-free interest rate	2.83	%	0.28	%
Dividend yield	—	%	—	%

PSU activity under the 2020 Plan was as follows:

	Number of Shares	Weighted Average Grant Date Fair Value
PSUs
Outstanding non-vested, December 31, 2020	—	$	—
Shares granted	177,472	$	28.25
Shares vested	—	$	—
Shares forfeited	(29,785)	$	30.74
Outstanding non-vested, December 31, 2021	147,687	$	27.75
Shares granted	466,916	$	10.88
Shares vested	—	$	—
Shares forfeited	(150,210)	$	20.81
Outstanding non-vested, December 31, 2022	464,393	$	11.96