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Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2017
Compensation Related Costs [Abstract]  
Long-Term Incentive Compensation Plan Expense
The following table summarizes the outstanding LTIP awards as of December 31, 2017:
 
Units Outstanding
Maximum Value
Inception to date earned through December 31, 2017 on outstanding units
2013 grant
194,250

$
48,562,500

$
38,958,780

2014 grant
207,000

20,700,000

12,916,800

2015 grant
208,500

20,850,000

10,800,300

2016 grant
229,250

22,925,000

7,581,298

2017 grant
227,000

22,700,000

3,162,110


The following table summarizes the LTIP expense for each of the three years ended December 31, 2017:
(In thousands)
2017
 
2016
 
2015
2011 grant
$

 
$
(82
)
 
$
7,397

2013 grant
7,667

 
8,918

 
7,336

2014 grant
3,167

 
3,503

 
2,935

2015 grant
3,667

 
4,072

 
3,205

2016 grant
3,601

 
4,002

 

2017 grant
3,162

 

 

Total
$
21,264

 
$
20,413

 
$
20,873