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Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2019
Compensation Related Costs [Abstract]  
Long-Term Incentive Compensation Plan Expense
The following table summarizes the outstanding LTIP awards as of December 31, 2019:
 
Units Outstanding
Maximum Value
Inception to date earned through December 31, 2019 on outstanding units
2015 grant
179,250

$
17,925,000

$
17,925,000

2016 grant
199,500

19,950,000

15,243,000

2017 grant
210,000

21,000,000

10,938,900

2018 grant
215,250

21,525,000

7,501,463

2019 grant
228,750

22,875,000

3,068,338


The following table summarizes the LTIP expense for each of the three years ended December 31, 2019:
(In thousands)
2019
 
2018
 
2017
2013 grant
$

 
$
(1,124
)
 
$
7,667

2014 grant
(558
)
 
3,227

 
3,167

2015 grant
3,319

 
5,170

 
3,667

2016 grant
3,548

 
5,148

 
3,601

2017 grant
3,432

 
4,700

 
3,162

2018 grant
3,310

 
4,317

 

2019 grant
3,068

 

 

Total
$
16,119

 
$
21,438

 
$
21,264