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Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2025
Employee Benefit and Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Schedule of Nonvested Share Activity
Non-vested share activity for the years ended December 31, 2025 and 2024, is as follows:
Number of
Shares(1)
Weighted-Average Grant-Date Fair
Value Per Share(1)
Balance at December 31, 2023507,894 $42.25 
Granted314,091 36.65 
Vested(85,060)51.85 
Forfeited(91,846)33.30 
Balance at December 31, 2024645,079 39.50 
Granted369,622 28.98 
Vested(81,731)55.01 
Forfeited(103,210)45.45 
Balance at December 31, 2025829,760 $32.52 
(1)Share and per share data have been adjusted for all periods presented to reflect the Reverse Split effective November 10, 2025. See Note 2, Summary of Significant Accounting Policies.
Schedule of Share-based Compensation, Activity
During 2025 and 2024, the Company granted common shares to certain employees and trustees as follows:
20252024
Performance Shares(1)(2)
Shares issued:
Index128,685 97,832 
Peer128,691 97,835 
Grant date fair value per share:(1)(3)
Index$24.78 $30.05 
Peer$23.53 $28.40 
Non-Vested Common Shares:(1)(4)
Shares issued112,246 118,420 
Grant date fair value$4,495 $5,794 
(1)Share and per share data have been adjusted for all periods presented to reflect the Reverse Split effective November 10, 2025. See Note 2, Summary of Significant Accounting Policies.
(2)The shares vest based on the Company's total shareholder return growth after a three-year measurement period relative to an index and a group of Company peers. Dividends will not be paid on these grants until earned. Once the performance criteria are met and the actual number of shares earned is determined, such shares vest immediately. During 2025, the 103,210 outstanding performance shares issued in 2022 were forfeited and canceled.
(3)The fair value of grants was determined at the grant date using a Monte Carlo simulation model.
(4)The shares vest at various times over a period of time up to a three year service period commencing on the grant date.