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EQUITY COMPENSATION (Tables)
9 Months Ended
Sep. 30, 2019
Share-based Payment Arrangement [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
September 30,
 
For the Nine Months Ended
September 30,
 
2019
 
2018
 
2019
 
2018
Restricted units
$
21,430

 
$
19,251

 
$
66,226

 
$
55,798

Restricted units with a market condition
911

 
614

 
2,702

 
614

Options
52

 
3,660

 
4,310

 
9,953

Phantom shares

 
415

 
736

 
1,169

Equity-based compensation expense
$
22,393

 
$
23,940

 
$
73,974

 
$
67,534


Summary of unvested restricted units' activity
The following table presents unvested restricted units' activity during the nine months ended September 30, 2019:
 
Restricted Units
 
Weighted Average
Grant Date Fair
Value Per Unit
Balance - January 1, 2019
16,255,475

 
$
19.21

Granted
4,202,622

 
20.61

Vested
(3,579,050
)
 
17.95

Forfeited
(234,035
)
 
19.33

Balance - September 30, 2019
16,645,012

 
$
19.83


The following table presents the unvested market condition awards' activity during the nine months ended September 30, 2019:
 
Market Condition Awards Units
 
Weighted Average
Grant Date Fair
Value Per Unit
Balance - January 1, 2019
1,333,334

 
$
9.30

Granted

 

Vested

 

Forfeited

 

Balance - September 30, 2019
1,333,334

 
$
9.30


Summary of unvested options activity
A summary of options activity during the nine months ended September 30, 2019 is presented below:
 
Options
 
Weighted Average Exercise Price
 
Weighted Average
Remaining Life
(in years)
 
Aggregate Intrinsic Value
Balance - January 1, 2019
18,741,504

 
$
18.99

 
4.88

 
$

Exercised
(4,515,448
)
 
19.00

 

 

Expired
(366,366
)
 
19.00

 

 

Forfeited
(42,270
)
 
19.00

 

 

Balance - September 30, 2019
13,817,420

 
$
18.99

 
4.50

 
$
108,079

Exercisable at September 30, 2019
13,707,603

 
$
18.99

 
4.49

 
$
107,167


Summary of unvested phantom units activity
A summary of unvested phantom shares' activity during the nine months ended September 30, 2019 is presented below:
 
 
Phantom Shares
 
Weighted Average
Grant Date Fair
Value Per Share
Balance - January 1, 2019
 
66,287

 
$
19.00

Vested
 
(61,502
)
 
19.00

Forfeited
 
(4,785
)
 
19.00

Balance - September 30, 2019
 

 
$