XML 54 R31.htm IDEA: XBRL DOCUMENT v3.8.0.1
Incentive Compensation (Tables)
12 Months Ended
Dec. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Information about Restricted Units
The following table summarizes information about restricted units for the year ended December 31, 2017.
 
 
Units
 
Weighted-Average Grant-Date Fair Value per Unit
 
 
Common
 
Subordinated
 
Common
 
Subordinated
Unvested at December 31, 2016
 
1,271,215

 
163,041

 
$
15.29

 
$
18.97

Granted
 
901,910

 

 
18.48

 

Vested
 
(602,764
)
 
(103,912
)
 
15.13

 
19.35

Converted
 

 

 

 

Forfeited
 
(28,303
)
 

 
17.64

 

Unvested at December 31, 2017
 
1,542,058

 
59,129

 
16.72

 
18.30

Summary of Information about Performance Units
The following table summarizes information about performance units for the year ended December 31, 2017.
 
Performance units
 
Number of Units
 
Weighted-Average Grant-Date
Fair Value per Unit
Unvested at December 31, 2016
 
1,156,419

 
$
14.94

Granted
 
438,288

 
17.99

Vested
 

 

Forfeited
 
(137,351
)
 
18.60

Unvested at December 31, 2017
 
1,457,356

 
15.51

Summary of Incentive Compensation Expense
The table below summarizes incentive compensation expense recorded in general and administrative expenses in the consolidated statements of operations for the years ended December 31, 2017, 2016, and 2015.
 
 
Year Ended December 31,
Incentive compensation expense
 
2017
 
2016
 
2015
 
 
(In thousands)
Cash — long-term incentive plan
 
$
1,412

 
$
2,725

 
$
15,064

Equity-based compensation — restricted common and subordinated units
 
13,476

 
13,408

 
10,137

Equity-based compensation — restricted performance units
 
17,367

 
18,518

 
4,743

Board of Directors incentive plan
 
2,202

 
2,012

 
3,120

Total incentive compensation expense
 
$
34,457

 
$
36,663

 
$
33,064