Share-Based and Other Deferred Compensation

3 Months Ended

Mar. 31, 2013

Share-Based and Other Deferred Compensation

Note 14 – Share-Based and Other Deferred Compensation

During the three months ended March 31, 2013, the Company granted employees 2,144 Service-based Awards. These awards had grant date fair values ranging from $26.60 to $43.26 per share. During the three months ended March 31, 2013, 1,630 Service-based Awards vested and 25 Service-based Awards were forfeited.

During the first quarter of 2011, the Company launched a deferred compensation program providing participants the ability to elect to receive a portion of their deferred compensation in deferred cash, which is indexed to a notional investment portfolio and vests ratably over four years and requires payment upon vesting. Compensation expense related to this deferred compensation program was $992 and $984 for the three months ended March 31, 2013 and 2012, respectively.

Compensation expense related to Service-based Awards, excluding compensation costs related to the amortization of the LP Units was $20,593 and $14,661 for the three months ended March 31, 2013 and 2012, respectively. Compensation expense related to amortization of the LP Units was $5,610 and $4,759 for the three months ended March 31, 2013 and 2012, respectively. Compensation expense related to acquisition-related awards and deferred cash consideration was $3,608 and $1,049, respectively, for the three months ended March 31, 2013, and $6,253 and $2,870, respectively, for the three months ended March 31, 2012.