Equity Based Compensation (Tables)
 9 Months Ended
Sep. 30, 2020
Time Based Awards  
Schedule of Un-Vested Share Activity

The following table summarizes the activity related to our time based awards:

 

 

Restricted Stock

 

 

LTIPs

 

Time Based Award Grants

 

Shares

 

 

Weighted-Average

Grant-Date

Fair Value

 

 

Units

 

 

Weighted-Average

Grant-Date

Fair Value

 

Unvested at December 31, 2018

 

 

21,438

 

 

$

10.38

 

 

$

—

 

 

$

—

 

Granted

 

 

251,993

 

 

 

9.48

 

 

 

—

 

 

 

—

 

Vested

 

 

(7,625

)

 

 

10.29

 

 

 

—

 

 

 

—

 

Forfeited

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Unvested at December 31, 2019

 

 

265,806

 

 

 

9.53

 

 

 

—

 

 

 

—

 

Granted

 

 

72,383

 

 

 

9.78

 

 

 

214,521

 

 

 

9.09

 

Vested

 

 

(81,618

)

 

 

9.57

 

 

 

—

 

 

 

—

 

Forfeited

 

 

(6,567

)

 

 

9.78

 

 

 

—

 

 

 

—

 

Unvested at September 30, 2020

 

 

250,004

 

 

$

9.58

 

 

 

214,521

 

 

$

9.09

 
Performance Based Awards  
Schedule of Un-Vested Share Activity

The following table summarizes our activity related to our performance based awards:

 

 

Restricted Stock

 

 

LTIPs

 

Performance Based Award Grants

 

Shares

 

 

Weighted-Average

Grant-Date

Fair Value

 

 

Units

 

 

Weighted-Average

Grant-Date

Fair Value

 

Unvested at December 31, 2019

 

 

—

 

 

$

—

 

 

 

—

 

 

$

—

 

Granted

 

 

5,752

 

 

 

9.78

 

 

 

130,638

 

 

 

9.09

 

Vested

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Forfeited

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Unvested at September 30, 2020

 

 

5,752

 

 

$

9.78

 

 

 

130,638

 

 

$

9.09