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Incentive Plan (Tables)
12 Months Ended
Dec. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Nonvested Performance-based Units Activity
Below is a summary of our long-term incentive unit activity for the year ended December 31, 2017.
Unvested Long-term Incentive Units
Units
 
Weighted-Average
Grant Date Fair
Value
Unvested, beginning of period
128,822

 
$
66.58

Granted
72,664

 
109.71

Vested
(94,801
)
 
71.97

Cancelled or expired
(7,390
)
 
98.94

Unvested, end of period
99,295

 
$
90.59

Schedule of Share-based Compensation, Performance Based Awards
Level
RMS Relative
Market Performance
Market
Performance
Vesting
Percentage
Below Threshold Level
< -300 basis points
0
%
Threshold Level
-300 basis points
25
%
Target Level
100 basis points
50
%
High Level
> 500 basis points
100
%

Schedule of Share-Based Payment Award Valuation Assumptions
Assumptions used in the valuations are summarized as follows:
Award Date
Expected Stock Price Volatility
Risk-Free Interest Rate
February 24, 2015
24%
1.00%
January 1, 2016
22%
1.32%
February 16, 2016
26%
0.89%
January 1, 2017
25%
1.49%
February 28, 2017
23%
1.43%
Schedule of Restricted Stock Activity
Below is a summary of our restricted stock activity for the year ended December 31, 2017.
Unvested Restricted Stock
Shares
 
Weighted-Average
Grant Date Fair
Value
Unvested, beginning of period
274,642

 
$
73.81

Granted (1)
120,853

 
108.65

Vested
(102,899
)
 
69.04

Cancelled or expired
(33,174
)
 
84.68

Unvested, end of period
259,422

 
$
90.54


(1)
All restricted stock awards granted in 2017 are subject only to service conditions.