v3.25.1
SHARE-BASED COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Summary of Share-based Compensation Expense
Share-based compensation expense, which is included in general and administrative expenses on our consolidated statements of income and comprehensive income, is summarized as follows:
Three Months Ended March 31,
(Amounts in thousands)20252024
Share-based compensation expense components:
Time-based LTIP expense(1)
$1,535 $1,186 
Performance-based LTIP expense(2)
1,121 998 
Restricted share expense21 207 
Deferred share unit (“DSU”) expense30 30 
Total Share-based compensation expense$2,707 $2,421 
(1) Expense for the three months ended March 31, 2025 includes the 2025, 2024, 2023, 2022, and 2021 LTI Plans.
(2) Expense for the three months ended March 31, 2025 includes the 2025, 2024, 2023, 2022, 2021, and 2020 LTI Plans.