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Employee Incentive Plans (Tables)
 3 Months Ended
Mar. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule Of Share Based Payment Award Other Than Stock Options Valuation Assumption
The following table presents a summary of the grant-date fair values of performance units granted and the related assumptions.
 
 
Three Months Ended March 31,
 
 
2015
Beginning TSR Price
 
$
27.68

Risk-free interest rate
 
0.99
%
Volatility factor
 
33.01
%
Distribution yield
 
5.66
%
 
 
Three Months Ended March 31,
EnLink Midstream, LLC Performance Units:
 
2015
Beginning TSR Price
 
$
34.24

Risk-free interest rate
 
0.99
%
Volatility factor
 
33.02
%
Distribution yield
 
2.98
%
Schedule of Nonvested Performance-based Units Activity
The following table presents a summary of the Partnership's performance units.
 
 
Three Months Ended 
March 31, 2015
EnLink Midstream Partners, LP Performance Units:
 
Number of
Units
 
Weighted
Average
Grant-Date
Fair Value
Non-Vested, beginning of period
 
—

 
$
—

Granted
 
108,713

 
36.18

Vested
 
—

 
—

Non-vested, end of period
 
108,713

 
$
36.18

Aggregate intrinsic value, end of period (in millions)
 
$
2.7

 
 
The following table presents a summary of the Company's performance units.
 
 
Three Months Ended 
March 31, 2015
EnLink Midstream, LLC Performance Units:
 
Number of
Units
 
Weighted
Average
Grant-Date
Fair Value
Non-Vested, beginning of period
 
—

 
$
—

Granted
 
96,963

 
41.31

Vested
 
—

 
—

Non-vested, end of period
 
96,963

 
$
41.31

Aggregate intrinsic value, end of period (in millions)
 
$
3.2

 
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs
The Partnership and ENLC each have similar unit-based compensation payment plans for officers and employees, which are described below.  Unit-based compensation associated with ENLC's unit-based compensation plan awarded to officers and employees of the Partnership are recorded by the Partnership since ENLC has no substantial or managed operating activities other than its interests in the Partnership and Midstream Holdings. Amounts recognized in the condensed consolidated financial statements with respect to these plans are as follows (in millions): 
 
Three Months Ended
March 31,
 
2015
 
2014
Cost of unit-based compensation allocated to Predecessor general and
    administrative expense (1)
$
—

 
$
2.8

Cost of unit-based compensation charged to general and administrative
    expense
12.0

 
1.0

Cost of unit-based compensation charged to operating expense
1.9

 
0.2

    Total amount charged to income
$
13.9

 
$
4.0

Interest of non-controlling partners in unit-based compensation
$
5.4

 
$
0.5

Amount of related income tax benefit recognized in income
$
3.2

 
$
1.2


(1)
Unit-based compensation expense was treated as a contribution by the Predecessor in the Consolidated Statement of Changes in Members' Equity in 2014.
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity
A summary of the restricted incentive unit activity for the three months ended March 31, 2015 is provided below:
 
 
Three Months Ended 
March 31, 2015
EnLink Midstream Partners, LP Restricted Incentive Units:
 
Number of
Units
 
Weighted
Average
Grant-Date
 Fair Value
Non-vested, beginning of period
 
1,022,191

 
$
31.25

Granted
 
542,723

 
27.07

Vested*
 
(244,998
)
 
28.62

Forfeited
 
(55,193
)
 
31.48

Non-vested, end of period
 
1,264,723

 
$
29.96

Aggregate intrinsic value, end of period (in millions)
 
$
31.3

 
 


 * Vested units include 84,860 units withheld for payroll taxes paid on behalf of employees.
A summary of the restricted incentive units activities for the three months ended March 31, 2015 is provided below:
 
 
Three Months Ended 
March 31, 2015
EnLink Midstream, LLC Restricted Incentive Units:
 
Number of
Units
 
Weighted
Average
Grant-Date
Fair Value
Non-vested, beginning of period
 
986,472

 
$
37.03

Granted
 
462,875

 
31.74

Vested*
 
(240,760
)
 
35.71

Forfeited
 
(47,473
)
 
36.60

Non-vested, end of period
 
1,161,114

 
$
35.21

Aggregate intrinsic value, end of period (in millions)
 
$
37.8

 
 


 * Vested units include 77,519 units withheld for payroll taxes paid on behalf of employees.
Schedule of Share Based Compensation Restricted Stock and Restricted Stock Units Vested and Fair Value Vested
A summary of the restricted incentive units’ aggregate intrinsic value (market value at vesting date) and fair value of units vested during the three months ended March 31, 2015 are provided below (in millions):


Three Months Ended March 31,
EnLink Midstream Partners, LP Restricted Incentive Units:

2015
Aggregate intrinsic value of units vested

$
6.8

Fair value of units vested

$
7.0

A summary of the restricted incentive units’ aggregate intrinsic value (market value at vesting date) and fair value of units vested during the three months ended March 31, 2015 are provided below (in millions):
 
 
Three Months Ended March 31,
EnLink Midstream, LLC Restricted Incentive Units:
 
2015
Aggregate intrinsic value of units vested
 
$
8.3

Fair value of units vested
 
$
8.6