Commitments And Contingencies (Management Changes) (Narrative) (Details) - USD ($) |
3 Months Ended | 6 Months Ended | ||||||
---|---|---|---|---|---|---|---|---|
Jun. 10, 2021 |
Jun. 09, 2021 |
Mar. 10, 2021 |
Mar. 08, 2021 |
Jul. 26, 2020 |
Jul. 25, 2020 |
Jun. 30, 2021 |
Jun. 30, 2021 |
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Commitments And Contingencies [Line Items] | ||||||||
Performance period | 3 years | |||||||
MAG Partners [Member] | ||||||||
Commitments And Contingencies [Line Items] | ||||||||
Shares granted | 157,505 | |||||||
Monthly fee | $ 150,000 | $ 150,000 | ||||||
One-time bonus | 300,000 | |||||||
One-time completion bonus | $ 200,000 | |||||||
Maximum [Member] | ||||||||
Commitments And Contingencies [Line Items] | ||||||||
Annual bonus opportunity threshold percentage | 200.00% | |||||||
Mahbod Nia, CEO [Member] | ||||||||
Commitments And Contingencies [Line Items] | ||||||||
Shares granted | 950,000 | |||||||
Annual bonus opportunity percentage | 150.00% | |||||||
Annual base salary | $ 800,000 | |||||||
Annual bonus opportunity threshold percentage | 50.00% | |||||||
Annual Aggregate grant date fair value | $ 4,000,000 | |||||||
Employee agreement | 3 years | |||||||
Mahbod Nia, CEO [Member] | Maximum [Member] | ||||||||
Commitments And Contingencies [Line Items] | ||||||||
Annual health coverage | $ 25,000 | |||||||
Annual tax compliance assistance | 30,000 | |||||||
Reimbursement of attorneys' fees to negotiate the Employment Agreement | 100,000 | |||||||
Reimbursement for relocation costs | $ 50,000 | |||||||
Anna Malhari, EVP and COO [Member] | ||||||||
Commitments And Contingencies [Line Items] | ||||||||
Annual bonus opportunity percentage | 100.00% | |||||||
Annual base salary | $ 300,000 | |||||||
Annual bonus opportunity threshold percentage | 50.00% | |||||||
Annual maximum bonus percentage | 150.00% | |||||||
Annual Aggregate grant date fair value | $ 100,000 | |||||||
Time-based vesting condtions, percentage | 50.00% | |||||||
Performance-based vesting conditions, percentage | 50.00% | |||||||
Termination terms | Upon a termination without “cause” (as defined in the Employment Agreement) or by Ms. Malhari for “good reason” (as defined in the Employment Agreement), subject to execution of a release of claims, Ms. Malhari will be entitled to (i) cash severance equal to 1.5 times (the “Multiplier”) the sum of her base salary and Target Bonus, paid in a lump sum as soon as practicable following the date of termination, but, if such termination occurs within the period commencing 3 months prior to a “change in control” (as defined in the Malhari Employment Agreement) and ending one year following a “change in control,” the Multiplier will increase to 2.0 times; (ii) up to 18 months of continued medical coverage for Ms. Malhari and her dependents; (iii) accelerated vesting of time-based equity awards; and (iv) eligibility to vest in a prorated amount of outstanding performance-based equity awards, based on the amount of time Ms. Malhari remained employed during the applicable performance period and actual performance over the applicable performance period. | |||||||
Marshall Tycher, Previous CEO [Member] | ||||||||
Commitments And Contingencies [Line Items] | ||||||||
Release agreement terms | · immediately vest in 29,230 previously earned but unvested performance-based long-term incentive plan units (“LTIP Units”);· immediately vest in 31,963 unvested time-based LTIP Units and 1,162 time-vesting restricted stock units (“RSUs”) previously granted to Mr. Tycher;· be eligible to vest in a maximum of 162,290 performance-based LTIP Units and 2,153 performance-vesting RSUs previously granted to Mr. Tycher, subject to the achievement of applicable performance criteria over the performance period applicable under the award agreements governing such LTIP Units and RSUs; and· immediately forfeit 101,625 performance-based LTIPs and 48,960 PRSUs previously granted to Mr. Tycher. | |||||||
Consulting agreement terms | · provide certain consulting, cooperation and transition services to the Company and general support, oversight and development services for the Company’s multi-family operations;· receive a monthly consulting fee of $33,334 during the first twelve (12) months of the Consulting Term;· be eligible to receive, upon and subject to the occurrence of thirteen separate milestone events to the extent each such milestone event may occur during the Consulting Term, a success fee ranging from $50,000 to $150,000 per milestone, up to a maximum aggregate of $1,250,000 if all milestones are achieved during the Consulting Term;· be eligible for continued vesting in 12,720 time-based LTIP Units and 54,155 time-vesting RSUs previously granted to Mr. Tycher, subject to Mr. Tycher’s performance of the Consulting Agreement through the end of the Consulting Term;· be eligible for continued vesting in a maximum of 72,688 performance-based LTIP Units previously granted to Mr. Tycher, subject to Mr. Tycher’s performance of the Consulting Agreement through the end of the Consulting Term and the achievement of applicable performance criteria over the performance period applicable under the award agreements governing such LTIP Units; and · be eligible for continued vesting in 18,387 performance-based LTIP Units and 51,393 performance-vesting RSUs previously granted to Mr. Tycher, in each case subject to Mr. Tycher’s achievement of certain performance milestones set forth in the Consulting Agreement and the achievement of the applicable performance criteria over the performance period applicable under the award agreements governing such LTIP Units and RSUs. | |||||||
Employee Severance [Member] | ||||||||
Commitments And Contingencies [Line Items] | ||||||||
Restructuring costs | $ 7,100,000 | $ 10,200,000 | ||||||
Employee Severance [Member] | General and Administrative Expense [Member] | ||||||||
Commitments And Contingencies [Line Items] | ||||||||
Restructuring costs | 6,000,000.0 | 8,400,000 | ||||||
Employee Severance [Member] | Operating Services Expense [Member] | ||||||||
Commitments And Contingencies [Line Items] | ||||||||
Restructuring costs | $ 1,100,000 | $ 1,800,000 |