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, 2023

92,735

$

17.31

1,465,398

$

18.59

Granted

70,629

14.11

780,193

15.00

Vested

(41,268

)

19.09

(354,343

)

20.35

Forfeited

(8,187

)

21.07

(92,589

)

30.78

Unvested at December 31, 2023

113,909

$

14.41

1,798,659

$

16.03

Unvested at January 1, 2022

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

Unvested at January 1, 2021

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