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Compensation and Benefits (Tables)
12 Months Ended
Dec. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Components of Compensation Expense Total compensation and benefits consists of the following:
 
 For the Years Ended December 31,
 
2018
 
2017
 
2016
Salaries, incentive compensation and benefits (1)
$
360,287

 
$
341,060

 
$
312,676

Restricted share-based award compensation expense
52,879

 
49,142

 
43,159

Total salaries, incentive compensation and benefits
413,166

 
390,202

 
355,835

Pre-offering related compensation - share-based awards

 
12,678

 
28,080

Total compensation and benefits
$
413,166

 
$
402,880

 
$
383,915

(1) Excluding restricted share-based award compensation expense
Restricted Share Activity The following table summarizes the restricted share-based award activity for the years ended December 31, 2018, 2017 and 2016:
 
Weighted-Average Grant Date Fair Value
 
Number of Awards
Unvested at January 1, 2016
$
51.58

 
2,861,984

Granted
30.42

 
1,138,892

Forfeited
50.44

 
(52,718
)
Vested
51.76

 
(553,248
)
Unvested at January 1, 2017
$
44.47

 
3,394,910

Granted
28.30

 
1,268,500

Forfeited
39.56

 
(3,628
)
Vested
48.06

 
(645,796
)
Unvested at January 1, 2018
$
38.79

 
4,013,986

Granted
39.32

 
1,518,974

Forfeited
36.09

 
(67,255
)
Vested
44.50

 
(787,248
)
Unvested at December 31, 2018
$
38.04

 
4,678,457