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Share Based Payments
3 Months Ended
Mar. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Share Based Payments

Note 13 - Share Based Payments

The Company's board of directors approved the Apollo Realty Income Solutions, Inc. Amended and Restated 2022 Equity Incentive Plan (the "2022 Equity Incentive Plan"), pursuant to which, shares of the Company's common stock may be granted from time to time to directors and officers of the Company and employees of the Adviser. The 2022 Equity Incentive Plan allows for up to 10,000,000 shares of the Company's common stock to be issued.

The following table summarizes the grants, vesting and forfeitures of restricted common stock during the three months ended March 31, 2024:

 

Type

 

Restricted Stock

 

 

Grant Date Fair Value ($ in thousands)

 

Outstanding as of December 31, 2023

 

 

4,948

 

 

$

100

 

Granted

 

 

 

 

 

 

Vested

 

 

 

 

 

 

Forfeiture

 

 

 

 

 

 

Outstanding as of March 31, 2024

 

 

4,948

 

 

 

100

 

Restricted Stock Grants

No shares were issued pursuant to the 2022 Equity Incentive Plan during the three months ended March 31, 2024.

During the three months ended March 31, 2024, the Company recorded $25 thousand of restricted stock amortization as general and administrative expenses in the condensed consolidated statement of operations. There is no unrecognized compensation cost as of March 31, 2024.