EQUITY-BASED COMPENSATION (Tables)

3 Months Ended

Mar. 31, 2015

Equity-Based Compensation

Summary of activity related to restricted stock and RSUs

	Restricted Stock & RSUs
	Number of Shares			Weighted Average Grant Date Fair Value
Unvested Balance at January 1, 2015		2,473,624		$	25.86
Granted		2,206,490			32.28
Forfeited		(8,610	)		29.92
Vested		(22,841	)		29.73
Unvested Balance at March 31, 2015		4,648,663		$	28.86

Schedule of assumptions used to estimates the fair value of stock option using the Black-Scholes valuation model

	Assumptions
Expected life (in years)		6
Weighted-average risk free interest rate		1.91	%
Expected volatility		35	%
Dividend yield		2.72	%
Weighted-average fair value at grant date	$	6.70

Summary of activity related to stock options

	Stock Options Outstanding
	Number Outstanding			Weighted-Average Exercise Price Per Share
Outstanding at January 1, 2015		3,296,906		$	24.00
Grants		—			—
Exercises		—			—
Forfeiture or expirations		(40,300	)		24.00
Outstanding at March 31, 2015		3,256,606		$	24.00