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EQUITY COMPENSATION (Tables)
3 Months Ended
Mar. 31, 2018
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 
 March 31,
 
2018
 
2017
Restricted units
$
18,030

 
$
11,219

Options
2,664

 
3,482

Phantom units
393

 
388

Equity-based compensation expense
$
21,087

 
$
15,089

Summary of unvested restricted units' activity
The following table presents unvested restricted units' activity during the three months ended March 31, 2018:
 
Restricted Units
 
Weighted Average
Grant Date Fair
Value Per Unit
Balance - January 1, 2018
13,751,888

 
$
17.58

Granted
3,635,419

 
23.61

Vested
(835,124
)
 
15.33

Forfeited
(199,637
)
 
19.83

Balance - March 31, 2018
16,352,546

 
$
18.98

Summary of unvested options activity
A summary of options activity during the three months ended March 31, 2018 is presented below:
 
Options
 
Weighted Average Exercise Price
 
Weighted Average
Remaining Life
(in years)
 
Aggregate Intrinsic Value
Balance - January 1, 2018
20,495,025

 
$
18.99

 
6.09
 
$
20,611

Granted

 

 
 
 
Exercised

 

 
 
 
Expired
(219,034
)
 
19.00

 
 
 
Forfeited
(444,203
)
 
19.00

 
 
 
Balance - March 31, 2018
19,831,788

 
$
18.99

 
5.84
 
$
47,762

Exercisable at March 31, 2018
7,235,214

 
$
18.99

 
5.38
 
$
17,420

Summary of unvested phantom units activity
A summary of unvested phantom unit activity during the three months ended March 31, 2018 is presented below:
 
 
Phantom Units
 
Weighted Average
Grant Date Fair
Value Per Share
Balance - January 1, 2018
 
156,153

 
$
19.00

Vested
 

 


Forfeited
 
(9,362
)
 
19.00

Balance - March 31, 2018
 
146,791

 
$
19.00