Long-Term Incentive Plan Units (Tables)

12 Months Ended

Dec. 31, 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 years ended December 31, 2014, 2013, and 2012:



	Year Ended December 31, 2014					Year Ended December 31, 2013					Year Ended December 31, 2012
	Manager	Director/ Employee		Total		Manager	Director/ Employee		Total		Manager	Director/ Employee		Total
LTIP Units Outstanding (12/31/2013, 12/31/2012, and 12/31/2011, respectively)	375,000	36,052		411,052		375,000	22,096		397,096		375,000	15,500		390,500
Granted	—	20,084		20,084		—	15,738		15,738		—	7,846		7,846
Exercised	—	(1,822	)	(1,822	)	—	(1,782	)	(1,782	)	—	(1,250	)	(1,250	)
LTIP Units Outstanding (12/31/2014, 12/31/2013, and 12/31/2012, respectively)	375,000	54,314		429,314		375,000	36,052		411,052		375,000	22,096		397,096
LTIP Units Vested and Outstanding (12/31/2014, 12/31/2013, and 12/31/2012, respectively)	375,000	29,859		404,859		375,000	20,314		395,314		375,000	14,250		389,250

- 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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