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Share Incentive and Other Compensation (Tables)
12 Months Ended
Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of Unvested Restricted Shares and LTIP Units

A summary of the status of the Company’s unvested Restricted Shares and LTIP Units is presented below:

 

Unvested Restricted Shares and LTIP Units

 

Common
Restricted
Shares

 

 

Weighted
Grant-Date
Fair Value

 

 

LTIP Units

 

 

Weighted
Grant-Date
Fair Value

 

Unvested at January 1, 2020

 

 

42,390

 

 

$

23.73

 

 

 

936,180

 

 

$

28.24

 

Granted

 

 

66,824

 

 

 

13.70

 

 

 

440,829

 

 

 

19.64

 

Vested

 

 

(19,264

)

 

 

27.72

 

 

 

(250,241

)

 

 

30.44

 

Forfeited

 

 

(39

)

 

 

24.77

 

 

 

(3,879

)

 

 

24.67

 

Unvested at December 31, 2020

 

 

89,911

 

 

$

15.42

 

 

 

1,122,889

 

 

$

24.38

 

Granted

 

 

43,078

 

 

 

19.94

 

 

 

666,967

 

 

 

19.48

 

Vested

 

 

(43,084

)

 

 

16.85

 

 

 

(283,024

)

 

 

26.66

 

Forfeited

 

 

(159

)

 

 

36.22

 

 

 

(91,637

)

 

 

36.22

 

Unvested at December 31, 2021

 

 

89,746

 

 

 

16.87

 

 

 

1,415,195

 

 

 

20.85

 

Granted

 

 

45,813

 

 

 

20.98

 

 

 

637,818

 

 

 

21.04

 

Vested

 

 

(40,894

)

 

 

19.75

 

 

 

(309,283

)

 

 

22.86

 

Forfeited

 

 

(1,930

)

 

 

31.82

 

 

 

(278,332

)

 

 

31.16

 

Unvested at December 31, 2022

 

 

92,735

 

 

$

17.31

 

 

 

1,465,398

 

 

$

18.59