v3.25.2
STOCK-BASED COMPENSATION
6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
STOCK-BASED COMPENSATION STOCK-BASED COMPENSATION
We recognized stock-based compensation expense as follows (amounts in thousands):
Three Months Ended Six Months Ended
June 30,
2025
June 30,
2024
June 30,
2025
June 30,
2024
Restricted stock$1,884 $1,924 $3,896 $3,895 
Performance stock830 1,424 2,015 2,441 
Total stock-based compensation expense$2,714 $3,348 $5,911 $6,336 
Stock-based compensation expense is included within General and administrative expense in the consolidated statements of operations and comprehensive income.
We granted the following stock-based compensation awards:
Three Months Ended Six Months Ended
June 30,
2025
June 30,
2024
June 30,
2025
June 30,
2024
(Number of shares)(Number of shares)
Performance stock (at maximum 200% attainment)
72,12093,840
Restricted Stock50,26465,850
Total equity awards granted122,384159,690
As of June 30, 2025, unrecognized compensation expense (expressed in thousands below) and weighted-average vesting period for each of our stock-based compensation awards were as follows:
Unrecognized
compensation
expense
Weighted-
average vesting
period (years)
Restricted stock$9,667 2.1
Performance stock8,571 2.1