XML 89 R72.htm IDEA: XBRL DOCUMENT v3.20.4
Employee Incentive Plans - Restricted and Performance Awards (Details)
$ / shares in Units, $ in Millions
1 Months Ended 12 Months Ended
Jan. 25, 2019
Jul. 23, 2018
Jul. 20, 2020
$ / shares
Mar. 31, 2020
$ / shares
Feb. 29, 2020
USD ($)
shares
Jan. 31, 2020
$ / shares
shares
Oct. 31, 2019
$ / shares
Jun. 30, 2019
$ / shares
Mar. 31, 2019
$ / shares
Mar. 31, 2018
$ / shares
Dec. 31, 2020
USD ($)
$ / shares
shares
Dec. 31, 2019
USD ($)
$ / shares
shares
Dec. 31, 2018
USD ($)
Incentive Plans [Line Items]                          
Common units conversion ratio 1.15                        
Restricted incentive units                          
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]                          
Vested (in shares) | shares         (1,144,842)                
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]                          
Fair value of units vested         $ 5.2                
Unrecognized compensation cost related to non-vested restricted incentive units                     $ 30.0    
Unrecognized compensation costs, weighted average period for recognition                     2 years 1 month 6 days    
Performance Shares                          
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]                          
Non-vested, beginning of period (in shares) | shares           1,317,856         1,317,856    
Granted (in shares) | shares                     1,361,986    
Vested (in shares) | shares                     (181,647)    
Forfeited (in shares) | shares                     (146,954)    
Non-vested, end of period (in shares) | shares                     2,351,241 1,317,856  
Aggregate intrinsic value, end of period (in millions)                     $ 8.7    
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]                          
Non-vested, beginning of period (in dollars per share) | $ / shares           $ 14.22         $ 14.22    
Granted (in dollars per share) | $ / shares                     6.63    
Vested (in dollars per share) | $ / shares                     30.31    
Forfeited (in dollars per share) | $ / shares                     10.30    
Non-vested, end of period (in dollars per share) | $ / shares                     $ 8.82 $ 14.22  
Fair value of units vested                     $ 5.5 $ 7.9 $ 7.7
Aggregate intrinsic value of units vested                     0.9 $ 3.4 4.7
Unrecognized compensation cost related to non-vested restricted incentive units                     $ 10.5    
Unrecognized compensation costs, weighted average period for recognition                     1 year 3 months 18 days    
Vesting period                     3 years    
Performance Shares | Minimum                          
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]                          
Percent of units vesting   0.00%                      
Performance Shares | Maximum                          
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]                          
Percent of units vesting   100.00%                      
ENLC Performance Shares                          
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions and Methodology [Abstract]                          
Employee service share-based compensation, nonvested awards, additional compensation cost not yet recognized                     $ 2.1    
ENLC                          
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions and Methodology [Abstract]                          
Grant-date fair value (in dollars per share) | $ / shares     $ 2.33 $ 1.13   7.69 $ 7.29 $ 9.92 $ 13.10 $ 21.63      
Beginning TSR price (in dollars per share) | $ / shares     $ 2.52 $ 1.25   $ 6.13 $ 7.42 $ 9.84 $ 10.92 $ 16.55      
Risk-free interest rate     0.17% 0.42%   1.62% 1.44% 1.72% 2.42% 2.38%      
Volatility factor     67.00% 51.00%   37.00% 35.00% 33.50% 33.86% 51.36%      
ENLC | Restricted incentive units                          
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]                          
Non-vested, beginning of period (in shares) | shares           4,063,605         4,063,605    
Granted (in shares) | shares                     4,897,329    
Vested (in shares) | shares                     (2,880,968)    
Forfeited (in shares) | shares                     (729,880)    
Non-vested, end of period (in shares) | shares                     5,350,086 4,063,605  
Aggregate intrinsic value, end of period (in millions)                     $ 19.8    
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]                          
Non-vested, beginning of period (in dollars per share) | $ / shares           $ 13.85         $ 13.85    
Granted (in dollars per share) | $ / shares                     5.41    
Vested (in dollars per share) | $ / shares                     10.92    
Forfeited (in dollars per share) | $ / shares                     8.32    
Non-vested, end of period (in dollars per share) | $ / shares                     $ 8.45 $ 13.85  
Fair value of units vested                     $ 31.5 $ 22.8 16.5
Units withheld for payroll taxes (in shares) | shares                     1,020,412    
Aggregate intrinsic value of units vested                     $ 12.1 17.3 12.8
ENLC | Performance Shares                          
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]                          
Units withheld for payroll taxes (in shares) | shares                     69,052    
ENLC | Performance Shares | Minimum                          
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]                          
Percent of units vesting                     0.00%    
ENLC | Performance Shares | Maximum                          
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]                          
Percent of units vesting                     200.00%    
EnLink Midstream Partners, LP                          
Incentive Plans [Line Items]                          
Common units conversion ratio 1.15                        
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions and Methodology [Abstract]                          
Grant-date fair value (in dollars per share) | $ / shares                   $ 19.24      
Beginning TSR price (in dollars per share) | $ / shares                   $ 15.44      
Risk-free interest rate                   2.38%      
Volatility factor                   43.85%      
EnLink Midstream Partners, LP | Restricted incentive units                          
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]                          
Fair value of units vested                       7.2 16.4
Aggregate intrinsic value of units vested                       8.0 13.1
EnLink Midstream Partners, LP | Performance Shares                          
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]                          
Fair value of units vested                       1.7 7.7
Aggregate intrinsic value of units vested                       $ 2.1 $ 5.0
Vesting period                     3 years    
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions and Methodology [Abstract]                          
Employee service share-based compensation, nonvested awards, additional compensation cost not yet recognized                     $ 0.7    
EnLink Midstream Partners, LP | Performance Shares | Minimum                          
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]                          
Percent of units vesting                     0.00%    
EnLink Midstream Partners, LP | Performance Shares | Maximum                          
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]                          
Percent of units vesting                     200.00%