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EQUITY COMPENSATION (Tables)
6 Months Ended
Jun. 30, 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 
 June 30,
 
For the Six Months Ended 
 June 30,
 
2018
 
2017
 
2018
 
2017
Restricted units
$
18,516

 
$
14,601

 
$
36,547

 
$
25,818

Options
3,630

 
3,931

 
6,293

 
7,413

Phantom units
361

 
385

 
754

 
775

Equity-based compensation expense
$
22,507

 
$
18,917

 
$
43,594

 
$
34,006

Summary of unvested restricted units' activity
The following table presents unvested restricted units' activity during the six months ended June 30, 2018:
 
Restricted Units
 
Weighted Average
Grant Date Fair
Value Per Unit
Balance - January 1, 2018
13,751,888

 
$
17.58

Granted
3,681,702

 
23.58

Vested
(1,903,923
)
 
16.93

Forfeited
(258,286
)
 
19.55

Balance - June 30, 2018
15,271,381

 
$
19.07

Summary of unvested options activity
A summary of options activity during the six months ended June 30, 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
(50,000
)
 
19.00

 
 
90

Expired
(889,432
)
 
19.00

 
 
 
Forfeited
(444,203
)
 
19.00

 
 
 
Balance - June 30, 2018
19,111,390

 
$
18.99

 
5.81
 
$
32,655

Exercisable at June 30, 2018
12,715,808

 
$
19.00

 
5.78
 
$
21,672

Summary of unvested phantom units activity
A summary of unvested phantom unit activity during the six months ended June 30, 2018 is presented below:
 
 
Phantom Units
 
Weighted Average
Grant Date Fair
Value Per Share
Balance - January 1, 2018
 
156,153

 
$
19.00

Vested
 
(70,352
)
 
19.00

Forfeited
 
(16,200
)
 
19.00

Balance - June 30, 2018
 
69,601

 
$
19.00