EQUITY-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2016

EQUITY-BASED COMPENSATION

Summary of activity related to restricted stock and RSUs

	Restricted Stock & RSUs
	2016					2015
	Number of Shares			Weighted Average Grant Date Fair Value		Number of Shares			Weighted Average Grant Date Fair Value
Unvested Balance at January 1,		5,123,481		$	28.67		2,473,624		$	25.86
Granted		3,561,401			24.07		2,369,571			32.13
Forfeited		(33,559	)		26.95		(21,149	)		30.32
Vested		(472,954	)		28.07		(82,236	)		27.14
Unvested Balance at June 30,		8,178,369			26.86		4,739,810		$	28.83

Schedule of assumptions used to estimate the fair value of stock option awards 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
	2016					2015
	Number Outstanding			Weighted-Average Exercise Price Per Share		Number Outstanding			Weighted-Average Exercise Price Per Share
Outstanding at January 1,		3,081,203		$	23.20		3,296,906		$	23.20
Grants		—			—		—			—
Exercises		—			—		—			—
Forfeiture or expirations		(124,000	)		23.20		(146,977	)		23.20
Outstanding at June 30,		2,957,203		$	23.20		3,149,929		$	23.20