v3.25.2
SHARE-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 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 June 30,Six Months Ended June 30,
(Amounts in thousands)2025202420252024
Share-based compensation expense components:
Time-based LTIP expense(1)
$2,416 $1,363 $3,951 $2,549 
Performance-based LTIP expense(2)
963 836 2,084 1,834 
Restricted share expense175 214 196 421 
Deferred share unit (“DSU”) expense12 29 42 59 
Total Share-based compensation expense$3,566 $2,442 $6,273 $4,863 
(1) Expense for the three and six months ended June 30, 2025 includes the 2025, 2024, 2023, 2022, and 2021 LTI Plans.
(2) Expense for the three and six months ended June 30, 2025 includes the 2025, 2024, 2023, 2022, 2021, and 2020 LTI Plans.