Long-Term Incentive Plan Units (Tables)

9 Months Ended

Sep. 30, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Roll-Forward of Company's LTIP Units Outstanding

Detailed below is a roll-forward of the Company's LTIP units outstanding for the three month periods ended September 30, 2014 and 2013:



	Three Month Period Ended September 30, 2014					Three Month Period Ended September 30, 2013
	Manager	Director/ Employee		Total		Manager	Director/ Employee		Total
LTIP Units Outstanding (6/30/2014 and 6/30/2013, respectively)	375,000	36,052		411,052		375,000	22,096		397,096
Granted	—	5,841		5,841		—	5,466		5,466
Exercised	—	(1,822	)	(1,822	)	—	(1,782	)	(1,782	)
LTIP Units Outstanding (9/30/2014 and 9/30/2013, respectively)	375,000	40,071		415,071		375,000	25,780		400,780
LTIP Units Vested and Outstanding (9/30/2014 and 9/30/2013, respectively)	375,000	23,958		398,958		375,000	17,814		392,814

Detailed below is a roll-forward of the Company's LTIP units outstanding for the nine month periods ended September 30, 2014 and 2013:



	Nine Month Period Ended September 30, 2014					Nine Month Period Ended September 30, 2013
	Manager	Director/ Employee		Total		Manager	Director/ Employee		Total
LTIP Units Outstanding (12/31/2013 and 12/31/2012, respectively)	375,000	36,052		411,052		375,000	22,096		397,096
Granted	—	5,841		5,841		—	5,466		5,466
Exercised	—	(1,822	)	(1,822	)	—	(1,782	)	(1,782	)
LTIP Units Outstanding (9/30/2014 and 9/30/2013, respectively)	375,000	40,071		415,071		375,000	25,780		400,780
LTIP Units Vested and Outstanding (9/30/2014 and 9/30/2013, respectively)	375,000	23,958		398,958		375,000	17,814		392,814

- Definition

Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.

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