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Long-Term Compensation (Tables)
9 Months Ended
Sep. 30, 2021
Restricted Stock Units (RSUs) [Member]  
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Stock Options, RSU and Performance Share Awards

The following table summarizes the activity for RSUs for the nine months ended September 30, 2021 (units in thousands):

 

 

 

 

 

 

 

Weighted Average

 

 

 

Unvested RSUs

 

 

Grant Date Fair Value

 

Balance at January 1, 2021

 

 

986

 

 

$

80.32

 

Granted (1)

 

 

691

 

 

 

78.51

 

Vested and distributed

 

 

(392

)

 

 

76.85

 

Forfeited

 

 

(150

)

 

 

75.88

 

Balance at September 30, 2021

 

 

1,135

 

 

$

81.01

 

 

 

 

 

 

 

 

 

 

(1)

Included in granted were unvested units based on the POP performance criteria being met for the 2018 – 2020 performance period and represented the earned award amounts subject to an additional vesting period. Unvested units are included in the award discussion above. These amounts also include awards earned for prior performance periods related to the compensation pool in excess of the initial award.

Long Term Incentive Plan Units [Member]  
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]  
Stock Options, RSU and Performance Share Awards

The following table summarizes the activity for LTIP Units for the nine months ended September 30, 2021 (units in thousands):

 

 

 

Unvested

 

 

Weighted Average

 

 

 

LTIP Units

 

 

Grant Date Fair Value

 

Balance at January 1, 2021

 

 

3,052

 

 

$

66.50

 

Granted (1)

 

 

1,264

 

 

 

59.10

 

Forfeited

 

 

(51

)

 

 

55.66

 

Vested LTIP Units

 

 

(944

)

 

 

79.80

 

Balance at September 30, 2021

 

 

3,321

 

 

$

60.07

 

 

(1)

Included in granted were unvested units based on the POP performance criteria being met for the 2018 – 2020 performance period and represented the earned award amounts subject to an additional vesting period. Unvested units are included in the award discussion above. These amounts also include awards earned for prior performance periods related to the compensation pool in excess of the initial award.