v3.26.3
Stock-Based Compensation and Employee Benefits (Tables)
9 Months Ended
Sep. 30, 2026
Summary of Non-Cash Compensation Expense

The amounts recorded in general and administrative expenses in the Company’s consolidated statements of operations for the amortization of all of the outstanding stock-based awards and LTIP Units for the three and nine months ended September 30, 2026 and 2025, consisted of the following (in thousands):

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

Non-Cash Compensation Expense

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Restricted stock units (“RSUs”) and
   Restricted stock awards ("RSAs")

 

$

1,291

 

 

$

1,739

 

 

$

3,935

 

 

$

5,760

 

Service-based LTIP Units

 

 

542

 

 

 

423

 

 

 

1,441

 

 

 

1,221

 

Performance-Based Restricted Stock Awards (“PRSAs”)

 

 

324

 

 

 

135

 

 

 

961

 

 

 

400

 

Performance-Based LTIP Units (“PB LTIPs”)

 

 

804

 

 

 

804

 

 

 

2,386

 

 

 

2,386

 

   Total non-cash compensation expense

 

$

2,961

 

 

$

3,101

 

 

$

8,723

 

 

$

9,767