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Equity-Based Compensation (Tables)
 6 Months Ended
Jun. 30, 2020
Share-based Payment Arrangement [Abstract]  
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity
A summary of restricted shares granted in 2020 is as follows:
Date
 
Number of shares
granted
 
Grant date fair
value per share
 
Vesting period
(in years)
 
Vesting criteria
February 18, 2020
 
16,689

 
$
74.91

 
1.0
 
Service
February 18, 2020(1)
 
487,096

 
$
74.91

 
3.0
 
Service and Performance
March 11, 2020
 
11,865

 
$
63.26

 
3.0
 
Service
March 18, 2020
 
3,366

 
$
59.45

 
2.0
 
Service
May 6, 2020(1)
 
3,101

 
$
72.57

 
3.0
 
Service and Performance
______________________________________________________
(1)
This award is subject to an independent performance target for each of three consecutive 12-month measurement periods. Vesting of each tranche is independent of the satisfaction of the annual performance target for other tranches.
Restricted stock transactions in 2020 are as follows:
 
Shares
 
Weighted average grant date
fair value
Balance, December 31, 2019
2,014,983

 
$
46.99

Granted
522,117

 
$
74.53

Forfeited
(7,349
)
 
$
62.95

Vested
(889,933
)
 
$
43.39

Balance, June 30, 2020
1,639,818

 
$
57.65