SHARE-BASED COMPENSATION (Tables)

9 Months Ended

Sep. 30, 2019

Share-based Payment Arrangement [Abstract]

Activity for Shares

The following table summarizes activity relating to these carry units:

	Number of Time Vesting Awards		Number of Performance Based Vesting Awards	Weighted Average Grant Date Fair Value
Balance, December 31, 2018	83,575,000		10,000,000	$	1.14
Vested	(24,356,250	)	—	0.75
Forfeited	(3,437,500	)	—	0.84
Balance, September 30, 2019	55,781,250		10,000,000	$	1.34

Share-based Compensation, Stock Options, Activity

The following table summarizes activity related to the Company's employee stock options issued pursuant to the Altice USA 2017 Long Term Incentive Plan (the "2017 LTIP"):

	Shares Under Option				Weighted Average Exercise Price Per Share		Weighted Average Remaining Contractual Term (in years)
	Time Vesting		Performance Based Vesting					Aggregate Intrinsic Value (a)
Balance at December 31, 2018	11,230,168		73,639		$	17.50	9.47	$	—
Granted	3,091,573		—		23.43
Forfeited	(393,670	)	(16,736	)	17.85
Balance at September 30, 2019	13,928,071		56,903		18.80		8.93	138,194
Options exercisable at September 30, 2019	—		—		—		—	—

(a)

The aggregate intrinsic value is calculated as the difference between the exercise price and the closing price of the Company's Class A common stock at the respective date.