can someone please explain this to me. Im not really sure what this entails.....

Intensive Supervision Parole, means you report to a 'special' parole unit, where you have more than one, experienced parole officers monitering your case.
They will do indepth investigating what you are up to, who your friends are, where you hang out. They and/or the police can follow you at any time, and you are far more at risk of violation, you'll have strict reporting, strict conditions.