Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2025

Share-Based Payment Arrangement [Abstract]

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award

The Company records stock-based compensation expense within General and administrative expenses in the accompanying Consolidated Statements of Operations, and recognizes forfeitures as they occur.

	Three months ended March 31,
(in thousands)	2025			2024
Restricted stock (1)	$	5,443			4,640
Directors' fees paid in common stock and other employee stock grants		105			152
Capitalized stock-based compensation		(583	)		(434	)
Stock-based compensation, net of capitalization	$	4,965			4,358

(1)In addition, during the three months ended March 31, 2024, the Company expensed $1.9 million within Other operating expenses in connection with vesting of restricted stock units related to the 2023 acquisition of UBP.