EQUITY-BASED COMPENSATION (Tables)

3 Months Ended

Mar. 31, 2017

EQUITY-BASED COMPENSATION

Summary of activity related to restricted stock and RSUs

	Restricted Stock & RSUs
	2017			2016
		Weighted			Weighted
		Average			Average
	Number of	Grant Date		Number of	Grant Date
	Shares	Fair Value		Shares	Fair Value
Unvested Balance at January 1,	8,504,190	$	26.70	5,123,481	$	28.67
Granted	2,569,302		37.03	3,459,111		24.06
Forfeited	(29,491)		29.12	(24,096)		27.36
Vested	(1,041,696)		26.82	(179,348)		31.01
Unvested Balance at March 31,	10,002,305	$	29.50	8,379,148	$	26.84

Schedule of assumptions used to estimate 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
	2017			2016
		Weighted			Weighted
		Average			Average
	Number	Exercise Price		Number	Exercise Price
	Outstanding	Per Share		Outstanding	Per Share
Outstanding at January 1,	2,822,728	$	21.95	3,081,203	$	21.95
Grants	—		—	—		—
Exercises	—		—	—		—
Forfeiture or expirations	(35,500)		21.95	(54,000)		21.95
Outstanding at March 31,	2,787,228	$	21.95	3,027,203	$	21.95