v3.26.1
STOCK-BASED AND OTHER COMPENSATION PLANS (Tables)
 6 Months Ended
Jun. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Schedule of Stock Based Compensation Plans
The following table summarizes the impact on the consolidated statements of income of the various stock-based compensation plans and other compensation plans ($ in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Stock-based compensation expense$3,652 $2,996 $17,811 $14,211 
Total Stock-Based Compensation Expense$3,652 $2,996 $17,811 $14,211 
Schedule of the Grants
A summary of the grants is presented below:
 Three Months Ended June 30,Six Months Ended June 30,
 2026202520262025
Number
of Shares/Options		Weighted
Average
Fair Value
Per Share		Number
of Shares		Weighted
Average
Fair Value
Per Share		Number
of Shares		Weighted
Average
Fair Value
Per Share		Number
of Shares		Weighted
Average
Fair Value
Per Share
Grants - Class A Common Stock— $— — $— 2,702,022 $10.41 1,820,027 $11.68 
Schedule of Nonvested Shares Activity
The table below presents the number of unvested shares of Class A common stock and outstanding stock options at June 30, 2026 and changes during 2026 of the Class A common stock and stock options of Ladder Capital Corp:
Restricted StockWeighted Average Grant Date Fair ValueStock Options
Nonvested/Outstanding at December 31, 20252,094,180 $12.42 184,028 
Granted2,702,022 10.41 — 
Vested(2,084,508)10.84 — 
Forfeited(82,903)10.37 — 
Expired— — (184,028)
Nonvested/Outstanding at June 30, 20262,628,791 $11.67 — 
Exercisable at June 30, 2026—