Equity-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2023

Share-Based Payment Arrangement [Abstract]

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

RSU activity under the 2020 Plan during the three months ended March 31, 2023 was as follows:

	Number of Shares	Weighted Average Grant Date Fair Value
Outstanding non-vested, December 31, 2022	1,700,824	$	13.81
Shares granted	757,334	17.26
Shares vested	(306,245)	14.21
Shares forfeited	(93,019)	15.61
Outstanding non-vested, March 31, 2023	2,058,894	$	14.73

The following assumptions were used in the Monte Carlo simulation for computing the grant date fair value of the PSUs issued during the three months ended March 31, 2023 and 2022:

	2023		2022
Volatility	90	%	66	%
Risk-free interest rate	3.74	%	0.28	%
Dividend yield	—	%	—	%

PSU activity under the 2020 Plan during the three months ended March 31, 2023 was as follows:

	Number of Shares	Weighted Average Grant Date Fair Value
Outstanding non-vested, December 31, 2022	464,393	$	11.96
Shares granted	263,594	19.22
Shares vested	—	—
Shares forfeited	—	—
Outstanding non-vested, March 31, 2023	727,987	$	14.59