Equity-Based Incentive Plans (Tables)

12 Months Ended

Dec. 31, 2020

Equity-Based Incentive Plans

Schedule of Restricted Stock Units Award Activity

A summary of the company’s RSU activity and outstanding RSUs as of December 31, 2020, are presented below (dollars in thousands except grant date fair value):

		Weighted		Aggregate
	Number	Average Grant		Intrinsic		Unrecognized
	of RSUs	Date Fair Value		Value		Compensation
Outstanding RSUs as of January 1, 2018	1,413,642	$	34.22	$	60,970	$	32,017
Granted	815,761		36.70
Vested	(817,226)		33.20
Forfeited	(64,111)		34.51
As of December 31, 2018	1,348,066		36.32	$	40,496	$	31,996
Granted	1,038,812		29.87
Vested	(769,291)		35.32
Forfeited	(59,593)		36.03
As of December 31, 2019	1,557,994		32.53	$	53,034	$	33,581
Granted	1,017,518		33.54
Vested	(811,317)		36.09
Forfeited	(65,616)		32.20
As of December 31, 2020 (nonvested)	1,698,579	$	31.44	$	62,627	$	35,821

Schedule of Performance Period Transition Awards

	Maximum
	Shares That	Award
	Could Be Issued	Earned	Award Issued/Issuable
2015 LTIP Award:
Three-year performance period award	236,434	236,434	78,813	March 2018
			78,812	March 2019
			78,809	March 2020
2016 LTIP Award:
Three-year performance period award	324,469	324,469	108,158	March 2019
			108,156	March 2020
			108,155	March 2021
2017 LTIP Award:
Three-year performance period award	182,274	164,047	54,683	March 2020
			54,682	March 2021
			54,682	March 2022
Two-year performance period transition award	16,779	15,101	5,034	March 2019
			5,034	March 2020
			5,033	March 2021
One-year performance period transition award	28,379	25,541	8,514	March 2018
			8,514	March 2019
			8,513	March 2020
2018 LTIP Award:
Three-year performance period award	198,397	188,481	188,481	March 2021
2019 LTIP Award:
Three-year performance period award	422,008	*	*
Two-year performance period transition award	15,600	14,040	14,040	March 2021
One-year performance period transition award	7,800	5,850	5,850	March 2020
2020 LTIP Award:
Three-year performance period award	405,922	*	*
Two-year performance period transition award	9,764	*	*
One-year performance period transition award	9,764	7,812	7,812	March 2021

* Not yet earned as performance period not complete.