v3.25.2
Note 11 - Equity Incentive Plan (Tables)
6 Months Ended
Jun. 30, 2025
Notes Tables  
Nonvested Restricted Stock Shares Activity [Table Text Block]
  

For the six months ended

  

For the year ended

 
  

June 30, 2025

  

December 31, 2024

 
      

Weighted-

      

Weighted-

 
  

Number

  

Average Grant

  

Number

  

Average Grant

 
  

of Shares

  

Date Fair Value

  

of Shares

  

Date Fair Value

 

Non-vested at beginning of the period

  4,581  $10.91   5,789  $11.78 

Granted

  8,044   8.08   2,943   10.20 

Vested

  (1,800)  11.11   (4,151)  11.62 

Non-vested at end of the period

  10,825  $8.78   4,581  $10.91 
Schedule of Nonvested Performance-Based Units Activity [Table Text Block]
  

For the six months ended

  

For the year ended

 
  

June 30, 2025

  

December 31, 2024

 
      

Weighted-

      

Weighted-

 
  

Number

  

Average Grant

  

Number

  

Average Grant

 
  

of Units

  

Date Fair Value

  

of Units

  

Date Fair Value

 

Non-vested at beginning of the period

  1,139,564  $13.88   999,955  $15.37 

Granted

  634,293   8.60   512,264   11.18 

Vested

  (315,563)  14.31   (322,025)  14.03 

Forfeited

  (80,731)  18.58   (50,630)  15.02 

Non-vested at end of the period

  1,377,563  $11.08   1,139,564  $13.88 
Schedule of Share-Based Payment Award, Valuation Assumptions [Table Text Block]
   

Number of

  

Estimated Value

      

Dividend

  

Risk Free

 
 

Grant Date

 

Units Granted

  

Per Unit

  

Volatility

  

Yield

  

Interest Rate

 

2021 Time-Based LTIP Unit Awards

3/1/2021

  132,381  $12.52   78%  %  0.08%

2021 Performance-Based LTIP Unit Awards (1)

3/1/2021

  198,564  $15.91   64%  3.4%  0.30%

2022 Time-Based LTIP Unit Awards

3/1/2022

  152,004  $12.33   80%  %  1.01%

2022 Performance-Based LTIP Unit Awards (2)

3/1/2022

  228,000  $18.58   66%  3.5%  1.44%

2023 Time-Based LTIP Unit Awards

3/1/2023

  171,171  $11.11   37%  %  5.11%

2023 Performance-Based LTIP Unit Awards

3/1/2023

  256,757  $16.64   69%  3.5%  4.61%

2024 Time-Based LTIP Unit Awards

3/1/2024

  204,909  $9.33   35%  %  4.92%

2024 Performance-Based LTIP Unit Awards

3/1/2024

  307,355  $12.42   35%  2.6%  4.32%

2025 Time-Based LTIP Unit Awards

3/1/2025

  253,722  $7.44   29%  %  4.14%

2025 Performance-Based LTIP Unit Awards

3/1/2025

  380,571  $9.37   33%  3.0%  4.04%
The 2024 Performance-based, Long-term Incentive Plan Units [Member]  
Notes Tables  
Schedule of Share-Based Payment Award, Payouts at Performance Levels [Table Text Block]
 

Relative TSR Hurdles (Percentile)

 

Payout Percentage

 

Threshold

25th

 50% 

Target

55th

 100% 

Maximum

80th

 

200%