XML 56 R40.htm IDEA: XBRL DOCUMENT v3.22.2.2
Incentive Plans (Tables)
9 Months Ended
Sep. 30, 2022
Incentive Plans  
Market Performance Based Awards

​

​

​

​

​

​

​

​

​

Market

​

2021-2022

​

Performance

​

RMS Relative

​

Vesting

Level

Market Performance

​

Percentage

Below Threshold Level

≤ -500 basis points

​

0

%

Threshold Level

-500 basis points

​

25

%

Target Level

0 basis points

​

50

%

High Level

≥ 500 basis points

​

100

%

Schedule of compensation expense and unearned compensation

Below is a summary of our compensation expense and our unearned compensation (in millions):

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Expected

​

​

​

​

​

​

​

​

​

​

​

​

​

 

​

​

 

​

​

 

period to

​

​

Deferred Compensation

 

Unearned Compensation

 

recognize

​

​

Expensed

​

Capitalized

​

As of

​

As of

 

unearned

​

    

Three Months Ended September 30, 

​

September 30, 

​

December 31, 

 

compensation

Type of incentive award

    

2022

    

2021

    

2022

    

2021

    

2022

    

2021

    

(in years)

Long-term incentive units

​

$

5.1

​

$

2.8

​

$

0.0

​

$

—

​

$

28.9

​

$

19.8

 

2.2

Performance-based awards

​

 

5.5

​

 

6.4

​

 

0.1

​

 

0.2

​

 

41.3

​

 

39.2

 

2.1

Service-based restricted stock units

​

 

6.7

​

 

4.6

​

 

1.4

​

 

0.9

​

 

61.2

​

 

44.5

 

2.6

Interxion awards

​

​

1.6

​

​

3.1

​

​

—

​

​

—

​

​

3.0

​

​

8.5

​

0.9

​

​

​

​

​

​

​

​

​

​

​

​

​

 

​

​

​

​

​

​

​

​

​

Nine Months Ended September 30, 

​

​

​

​

​

​

​

​

​

    

2022

    

2021

    

2022

    

2021

    

​

​

​

​

​

​

​

Long-term incentive units

​

$

16.7

​

$

8.7

​

$

0.1

​

$

0.2

​

​

​

​

​

​

​

​

Performance-based awards

​

 

16.1

​

 

21.3

​

 

0.4

​

 

0.6

​

​

​

​

​

​

​

​

Service-based restricted stock units

​

​

18.9

​

​

13.7

​

​

3.7

​

​

2.3

​

​

​

​

​

​

​

​

Interxion awards

​

 

3.7

​

 

17.7

​

 

—

​

 

—

​

​

​

​

​

​

​

​

​

Summary of Long-Term Incentive Unit Activity

​

​

​

​

​

​

​

​

    

​

    

Weighted-Average

​

​

​

 

Grant Date Fair

Unvested LTIP Units

​

Units

 

Value

Unvested, beginning of period

 

250,468

​

$

132.66

Granted

 

168,769

​

 

150.03

Vested

 

(129,900)

​

 

131.21

Cancelled or expired

 

—

​

 

—

Unvested, end of period

 

289,337

​

$

143.44

Summary of Restricted Stock Activity

​

​

​

​

​

​

​

​

​

​

​

Weighted-Average

​

​

​

 

Grant Date Fair

Unvested Restricted Stock Units

    

Shares

    

Value

Unvested, beginning of period

 

509,369

​

$

129.52

Granted

 

332,758

​

 

136.49

Vested

 

(232,883)

​

 

132.41

Cancelled or expired

 

(61,285)

​

 

132.06

Unvested, end of period

 

547,959

​

$

132.24