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STOCK-BASED COMPENSATION
3 Months Ended
Mar. 31, 2025
Share-Based Payment Arrangement [Abstract]  
STOCK-BASED COMPENSATION STOCK-BASED COMPENSATION
We recognized stock-based compensation expense as follows (amounts in thousands):
Three Months Ended
March 31,
2025
March 31,
2024
Restricted stock$2,012 $1,971 
Performance stock1,186 1,017 
Total stock-based compensation expense3,198 2,988 
Stock-based compensation expense is included within General and administrative expense in the consolidated statements of operations and comprehensive income.
We granted the following stock-based compensation awards:
Three Months Ended
March 31,
2025
March 31,
2024
(Number of shares)
Performance stock (at maximum 200% attainment)
72,12093,840
Restricted stock50,26465,850
Total equity awards granted122,384159,690
As of March 31, 2025, unrecognized compensation expense (expressed in thousands below) and weighted-average vesting period for each of our stock-based compensation awards were as follows:
Unrecognized
compensation
expense
Weighted-
average vesting
period (years)
Restricted stock$11,380 2.2
Performance stock9,871 2.3