XML 112 R90.htm IDEA: XBRL DOCUMENT v3.6.0.2
STOCK BASED COMPENSATION PLANS - Additional Information (Details)
12 Months Ended
Feb. 21, 2017
USD ($)
Feb. 18, 2016
USD ($)
shares
Feb. 10, 2016
USD ($)
Jun. 10, 2015
USD ($)
shares
Feb. 18, 2015
USD ($)
Vesting_Installment
shares
Feb. 03, 2015
USD ($)
shares
Feb. 11, 2014
USD ($)
Vesting_Installment
shares
Dec. 31, 2016
USD ($)
shares
Dec. 31, 2015
USD ($)
shares
Dec. 31, 2014
USD ($)
shares
Feb. 12, 2014
USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Period of recognition for unrecognized compensation costs               26 months      
Recognized equity based compensation expense               $ 17,640,000 $ 13,788,000 $ 14,451,000  
Unrecognized compensation cost               $ 6,100,000      
Weighted average remaining vesting period               19 months 9 days      
Compensation bonus     $ 46,800,000                
Bonus payment allocated to equity based compensation     $ 10,300,000                
Compensation expense               $ 29,200,000 34,400,000 47,800,000  
Subsequent Event                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Compensation bonus $ 39,500,000                    
Bonus payment allocated to equity based compensation $ 10,200,000                    
Restricted Stock                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Number of restricted shares granted (in shares) | shares               960,532      
Recognized equity based compensation expense               $ 17,640,000 $ 13,664,000 $ 12,109,000  
Stock Options                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Number of options granted (in shares) | shares               380,949 670,256 0  
2014 Omnibus Incentive Plan | Members of Management and Employees | Restricted Stock | Time-based vesting                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Vesting percentage             50.00%        
2014 Omnibus Incentive Plan | Members of Management and Employees | Restricted Stock | Performance-based vesting                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Vesting percentage             50.00%        
Number of installments in which awards are vested | Vesting_Installment             3        
Minimum performance target percentage             8.00%        
Performance period             3 years        
2014 Omnibus Incentive Plan | Members of Management and Employees | Restricted Stock | Time Based Vesting on Eighteen Months Anniversary                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Vesting percentage             25.00%        
Vesting period             18 months        
2014 Omnibus Incentive Plan | Members of Management and Employees | Restricted Stock | Time Based Vesting on Three Year Anniversary                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Vesting period             3 years        
Vesting percentage scheduled to vest             75.00%        
2014 Omnibus Incentive Plan | Harris | Restricted Stock | Time-based vesting                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Number of installments in which awards are vested | Vesting_Installment             3        
Vesting period             3 years        
Period of recognition for unrecognized compensation costs             3 years        
2014 Omnibus Incentive Plan | Director                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Amount to be paid for Audit and Compensation Committee services                     $ 15,000
Amount to be paid for nominating and corporate Governance Committee services                     10,000
2014 Omnibus Incentive Plan | Director | Restricted Stock | Time-based vesting                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Period of recognition for unrecognized compensation costs             3 years        
2014 Omnibus Incentive Plan | Officers other than Harris and certain employees | Restricted Stock | Time-based vesting                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Period of recognition for unrecognized compensation costs             3 years        
2014 Omnibus Incentive Plan | Alan Fishman | Restricted Stock                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Grant date fair value of awards granted             $ 1,000,000.0        
2014 Omnibus Incentive Plan | Joel C Peterson | Restricted Stock                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Grant date fair value of awards granted             100,000        
Payment for directors fees             $ 75,000        
2014 Omnibus Incentive Plan | Douglas Durst | Restricted Stock                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Number of installments in which awards are vested | Vesting_Installment             3        
Vesting period             3 years        
Grant date fair value of awards granted             $ 100,000        
Share based compensation grant date fair value                     $ 50,000
2014 Omnibus Incentive Plan | Senior Management | Restricted Stock | Performance-based vesting                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Number of installments in which awards are vested | Vesting_Installment         3            
Minimum performance target percentage         8.00%            
Performance period         3 years            
2014 Omnibus Incentive Plan | Senior Management | Stock Options | Time-based vesting                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Aggregate grant date fair value of stock options granted   $ 1,000,000.0     $ 1,400,000            
Number of options granted (in shares) | shares         670,256            
Fair value valuation assumptions: risk-free rate   1.50%     1.79%            
Fair value valuation assumptions: dividend yield   9.80%     5.30%            
Fair value valuation assumptions: expected life   6 years     6 years            
Fair value valuation assumptions: volatility rate   48.00%     24.00%            
2014 Omnibus Incentive Plan | Board of Directors | Restricted Stock | Time-based vesting                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Aggregate grant date fair value of stock options granted   $ 100,000                  
Phantom Equity Incentive Plan                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Units outstanding (in shares) | shares               373,871 555,318    
Units vested (in shares) | shares               373,871      
Units unvested (in shares) | shares                 60,899    
Total employee's contribution, net of forfeitures and payouts related to terminations               $ 6,100,000 $ 6,900,000    
2014 Deferred Compensation Plan                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Units outstanding (in shares) | shares               273,709 131,901    
Units unvested (in shares) | shares               134,281 87,934    
Total employee's contribution, net of forfeitures and payouts related to terminations               $ 3,600,000 $ 1,600,000    
Restricted Class A Common Stock | 2014 Omnibus Incentive Plan | Members of Management and Employees                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Aggregate value of awards granted             $ 27,500,000        
Number of restricted shares granted (in shares) | shares             1,619,865        
Restricted Class A Common Stock | 2014 Omnibus Incentive Plan | Fishman Peterson Durst                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Number of restricted shares granted (in shares) | shares             67,648        
Class A common stock | Restricted Stock                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Number of restricted shares granted (in shares) | shares               793,598 726,327 1,687,513  
Class A common stock | 2014 Omnibus Incentive Plan | Restricted Stock                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Aggregate value of awards granted           $ 500,000          
Number of restricted shares granted (in shares) | shares           25,742          
Class A common stock | 2014 Omnibus Incentive Plan | Harris | Restricted Stock | Annually for Two Years                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Vesting percentage         50.00%            
Vesting period         2 years            
Class A common stock | 2014 Omnibus Incentive Plan | Senior Management | Restricted Stock                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Aggregate value of awards granted         $ 12,600,000            
Number of restricted shares granted (in shares) | shares   289,326     688,400            
Class A common stock | 2014 Omnibus Incentive Plan | Senior Management | Restricted Stock | Time-based vesting                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Vesting percentage         50.00%            
Class A common stock | 2014 Omnibus Incentive Plan | Senior Management | Restricted Stock | Performance-based vesting                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Vesting percentage         50.00%            
Class A common stock | 2014 Omnibus Incentive Plan | Senior Management | Restricted Stock | Annually for Three Years                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Vesting percentage         33.00%            
Vesting period   3 years     3 years            
Class A common stock | 2014 Omnibus Incentive Plan | Board of Directors | Restricted Stock                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Number of restricted shares granted (in shares) | shares   12,636   4,223 7,962            
Grant date fair value of awards granted       $ 100,000 $ 100,000            
Class A common stock | 2014 Omnibus Incentive Plan | Board of Directors | Restricted Stock | One Year from Grant Date                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Vesting period         1 year            
Class A common stock | 2014 Omnibus Incentive Plan | Board of Directors | Restricted Stock | Annually for Three Years                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Vesting percentage       33.00%              
Vesting period       3 years              
Class A common stock | 2014 Omnibus Incentive Plan | Executive Officers | Restricted Stock                      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                      
Aggregate value of awards granted   $ 9,100,000                  
Number of restricted shares granted (in shares) | shares   793,598