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STOCK-BASED COMPENSATION
3 Months Ended
Mar. 31, 2026
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,
2026
March 31,
2025
Restricted stock$2,185 $2,012 
Performance stock1,407 1,186 
Total stock-based compensation expense$3,592 $3,198 
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,
2026
March 31,
2025
(Number of shares)
Performance stock (at maximum 200% attainment)
39,03472,120
Restricted stock32,57850,264
Total equity awards granted71,612122,384
As of March 31, 2026, 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$13,493 2.3
Performance stock10,801 2.3