XML 70 R60.htm IDEA: XBRL DOCUMENT v3.19.1
Employee Incentive Plans - Restricted and Performance Awards (Details)
$ / shares in Units, $ in Millions
1 Months Ended 3 Months Ended
Jan. 25, 2019
Jul. 23, 2018
Jul. 18, 2018
shares
Mar. 31, 2019
USD ($)
$ / shares
shares
Mar. 31, 2019
USD ($)
$ / shares
shares
Mar. 31, 2018
USD ($)
shares
Weighted Average Grant-Date Fair Value            
Common units conversion ratio 1.15          
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions and Methodology [Abstract]            
Beginning TSR Price (in dollars per share) | $ / shares         $ 10.92  
Risk-free interest rate         2.42%  
Volatility factor         33.86%  
Distribution yield         9.70%  
EnLink Midstream Partners, LP            
Weighted Average Grant-Date Fair Value            
Common units conversion ratio         1.15  
Restricted incentive units            
Number of Units            
Non-vested, beginning of period (in shares)         2,425,867  
Granted (in shares)       420,842 1,770,170  
Vested (in shares)         (1,214,354)  
Forfeited (in shares)         (54,090)  
Converted to ENLC (in shares)         2,103,266  
Non-vested, end of period (in shares)       5,030,859 5,030,859  
Aggregate intrinsic value, end of period | $       $ 64.3 $ 64.3  
Weighted Average Grant-Date Fair Value            
Non-vested, beginning of period (in dollars per share) | $ / shares         $ 14.62  
Granted (in dollars per share) | $ / shares         11.45  
Vested (in dollars per share) | $ / shares         10.35  
Forfeited (in dollars per share) | $ / shares         11.71  
Converted to ENLC (in dollars per share) | $ / shares         10.59  
Non-vested, end of period (in dollars per share) | $ / shares       $ 12.88 $ 12.88  
Units withheld for payroll taxes (in shares)         409,384  
Aggregate intrinsic value of units vested | $         $ 12.4 $ 8.9
Fair value of units vested | $       $ 4.8 $ 12.6 13.1
Vesting period         3 years  
Unrecognized compensation cost related to non-vested restricted incentive units | $       $ 44.6 $ 44.6  
Unrecognized compensation costs, weighted average period for recognition         2 years  
Restricted incentive units | EnLink Midstream Partners, LP            
Number of Units            
Non-vested, beginning of period (in shares)         2,556,270  
Vested (in shares)         (722,853)  
Forfeited (in shares)         (4,490)  
Converted to ENLC (in shares)         (1,828,927)  
Non-vested, end of period (in shares)       0 0  
Weighted Average Grant-Date Fair Value            
Non-vested, beginning of period (in dollars per share) | $ / shares         $ 14.43  
Vested (in dollars per share) | $ / shares         10.02  
Forfeited (in dollars per share) | $ / shares         11.93  
Converted to ENLC (in dollars per share) | $ / shares         12.18  
Non-vested, end of period (in dollars per share) | $ / shares       $ 0.00 $ 0.00  
Units withheld for payroll taxes (in shares)         249,201  
Common units conversion ratio         1.15  
Aggregate intrinsic value of units vested | $         $ 8.0 8.7
Fair value of units vested | $         $ 7.2 $ 12.8
Vesting period         3 years  
Unrecognized compensation cost related to non-vested restricted incentive units | $       $ 0.0 $ 0.0  
Unrecognized compensation costs, weighted average period for recognition         1 year  
Performance units            
Number of Units            
Non-vested, beginning of period (in shares)         418,149  
Granted (in shares)         907,337  
Vested (in shares)     0   (161,286) 0
Converted to ENLC (in shares)         333,798  
Non-vested, end of period (in shares)       1,497,998 1,497,998  
Aggregate intrinsic value, end of period | $       $ 19.1 $ 19.1  
Weighted Average Grant-Date Fair Value            
Non-vested, beginning of period (in dollars per share) | $ / shares         $ 19.15  
Granted (in dollars per share) | $ / shares         13.53  
Vested (in dollars per share) | $ / shares         11.71  
Converted to ENLC (in dollars per share) | $ / shares         22.47  
Non-vested, end of period (in dollars per share) | $ / shares       $ 17.29 $ 17.29  
Units withheld for payroll taxes (in shares)         62,219  
Aggregate intrinsic value of units vested | $         $ 1.8 $ 1.9
Fair value of units vested | $         $ 1.9 $ 4.2
Vesting period         3 years  
Unrecognized compensation cost related to non-vested restricted incentive units | $       $ 16.6 $ 16.6  
Unrecognized compensation costs, weighted average period for recognition         2 years 2 months  
Compensation expense not yet recognized | $       $ 2.3 $ 2.3  
Performance units | Minimum            
Weighted Average Grant-Date Fair Value            
Percent of units vesting   0.00%     0.00%  
Performance units | Maximum            
Weighted Average Grant-Date Fair Value            
Percent of units vesting   100.00%     200.00%  
Performance units | EnLink Midstream Partners, LP            
Number of Units            
Non-vested, beginning of period (in shares)         451,669  
Vested (in shares)         (161,410) 0
Converted to ENLC (in shares)         (290,259)  
Non-vested, end of period (in shares)       0 0  
Weighted Average Grant-Date Fair Value            
Non-vested, beginning of period (in dollars per share) | $ / shares         $ 17.74  
Vested (in dollars per share) | $ / shares         10.54  
Converted to ENLC (in dollars per share) | $ / shares         25.84  
Non-vested, end of period (in dollars per share) | $ / shares       $ 0.00 $ 0.00  
Units withheld for payroll taxes (in shares)         62,403  
Common units conversion ratio         1.15  
Aggregate intrinsic value of units vested | $         $ 2.1 $ 2.0
Fair value of units vested | $         $ 1.7 $ 4.1
Vesting period         3 years  
Unrecognized compensation cost related to non-vested restricted incentive units | $       $ 0.0 $ 0.0  
Unrecognized compensation costs, weighted average period for recognition         1 year  
Performance units | EnLink Midstream Partners, LP | Minimum            
Weighted Average Grant-Date Fair Value            
Percent of units vesting         0.00%  
Performance units | EnLink Midstream Partners, LP | Maximum            
Weighted Average Grant-Date Fair Value            
Percent of units vesting         200.00%  
ENLC Performance Shares            
Weighted Average Grant-Date Fair Value            
Compensation expense not yet recognized | $       2.1 $ 2.1  
Legacy ENLK Performance Awards            
Weighted Average Grant-Date Fair Value            
Compensation expense not yet recognized | $       $ 0.7 $ 0.7