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EQUITY COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of equity-based compensation expense, net of assumed forfeitures
Equity-based compensation expense, net of forfeitures is included in the following table:
 
For the Three Months Ended June 30,
 
For the Six Months Ended June 30,
 
2017
 
2016
 
2017
 
2016
Restricted units
$
14,601

 
$
4,684

 
$
25,818

 
$
9,448

Options
3,931

 
4,547

 
7,413

 
8,460

Phantom units
385

 
305

 
775

 
801

Equity-based compensation expense
$
18,917

 
$
9,536

 
$
34,006

 
$
18,709

Summary of unvested restricted units' activity
The following table presents unvested restricted units’ activity during the six months ended June 30, 2017:
 
Restricted Units
 
Weighted Average
Grant Date Fair
Value Per Unit
Balance - January 1, 2017
8,058,372

 
$
16.38

Granted
7,944,144

 
18.61

Vested
(1,757,514
)
 
16.48

Forfeited
(388,694
)
 
18.40

Balance - June 30, 2017
13,856,308

 
$
17.58

Summary of unvested options activity
A summary of options activity during the six months ended June 30, 2017 is presented below:
 
Options
 
Weighted Average Exercise Price
 
Weighted Average
Remaining Life
(in years)
 
Aggregate Intrinsic Value
Balance - January 1, 2017
22,232,134

 
$
19.00

 
7.35
 
 
Granted

 

 
 
 
Exercised
(54,500
)
 
19.00

 
 
 
Expired
(389,575
)
 
19.00

 
 
 
Forfeited
(633,033
)
 
19.00

 
 
 
Balance - June 30, 2017
21,155,026

 
$
18.99

 
6.87
 
$

Exercisable at June 30, 2017
7,151,023

 
$
19.00

 
6.86
 
$

Summary of unvested phantom units activity
A summary of unvested phantom unit activity during the six months ended June 30, 2017 is presented below:
 
 
Phantom Units
 
Weighted Average
Grant Date Fair
Value Per Unit
Balance - January 1, 2017
 
266,138

 
$
19.00

Vested
 
(87,222
)
 
19.00

Forfeited
 
(7,036
)
 
19.00

Balance - June 30, 2017
 
171,880

 
$
19.00