XML 81 R67.htm IDEA: XBRL DOCUMENT v3.20.4
Equity - Incentive and Share-based Compensation (Details)
$ / shares in Units, $ in Millions
1 Months Ended 3 Months Ended 5 Months Ended 6 Months Ended 12 Months Ended
Jul. 13, 2020
Jun. 30, 2020
USD ($)
shares
May 31, 2020
USD ($)
vesting_installment
shares
Mar. 31, 2020
USD ($)
vesting_installment
shares
Mar. 31, 2019
USD ($)
vesting_installment
shares
Mar. 31, 2020
Dec. 31, 2020
USD ($)
shares
Jul. 12, 2020
Oct. 31, 2019
USD ($)
shares
Dec. 31, 2020
USD ($)
$ / shares
shares
Dec. 31, 2019
USD ($)
$ / shares
Dec. 31, 2018
USD ($)
$ / shares
May 16, 2019
shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Retirement age (in years) 65 years         60 years   60 years          
Expected volatility rate look-back period (in years)                   6 years      
Weighted-average per unit or share fair value (in USD per share) | $ / shares                   $ 5.44      
Period of service, upon completion of which, grantee's LTIP unit and restricted stock awards will immediately vest (in years)                   10 years      
2019 Plan                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Number of shares authorized under the plan (in shares) | shares             11,000,000.0     11,000,000.0     11,000,000.0
Number of shares that remain available for future issuance (in shares) | shares             8,500,000     8,500,000      
Long-Term Incentive Plan Units and Restricted Stock                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Fair value of share-based awards granted in period | $                   $ 28.3 $ 27.9 $ 23.6  
Weighted-average per unit or share fair value (in USD per share) | $ / shares                   $ 5.44 $ 9.56 $ 8.54  
Expected term (in years)                       2 years 9 months 18 days  
Dividend rate (as a percent)                   3.70% 2.40% 2.30%  
Risk-free interest rate, minimum (as a percent)                   0.16% 2.48%    
Risk-free interest rate, maximum (as a percent)                   0.50% 2.63%    
Expected price volatility, minimum (as a percent)                   19.00% 17.00%    
Expected price volatility, maximum (as a percent)                   26.00% 22.00%    
Risk-free interest rate (as a percent)                       2.50%  
Expected price volatility (as a percent)                       20.00%  
Fair value vested in period | $                   $ 15.6 $ 10.1 $ 7.7  
Time Based Long-Term Incentive Plan Unit                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Threshold of continuous service for retirement eligibility (in years)                   10 years      
2019 Plan Units | Time Based Long-Term Incentive Plan Unit                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Granted (in shares) | shares     63,229 113,971                  
Fair value of share-based awards granted in period | $     $ 0.4 $ 2.3                  
Award vesting period (in years)       4 years                  
Number of vesting installments | vesting_installment       3                  
2019 Plan Units | Market Based Long-Term Incentive Plan Unit                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Granted (in shares) | shares       502,475                  
Fair value of share-based awards granted in period | $       $ 2.3                  
Award vesting period (in years)     3 years 3 years                  
Number of vesting installments | vesting_installment     2 2                  
2019 Plan Units | Time Restricted Shares                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Granted (in shares) | shares       158,806                  
2013 Plan Units | Time Based Long-Term Incentive Plan Unit                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Granted (in shares) | shares         61,432                
Fair value of share-based awards granted in period | $         $ 2.0                
Award vesting period (in years)         4 years                
Number of vesting installments | vesting_installment         3                
2013 Plan Units | Market Based Long-Term Incentive Plan Unit                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Granted (in shares) | shares         113,383                
Fair value of share-based awards granted in period | $         $ 0.9                
Award vesting period (in years)         3 years                
Number of vesting installments | vesting_installment         2                
2013 Plan Units | Time Restricted Shares                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Granted (in shares) | shares         69,358                
Awards that Meet Age and Service Requirements for Vesting                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Noncash share-based compensation expense recognized | $                   $ 2.6 2.0 1.8  
Unrecognized compensation expense | $             $ 1.4     $ 1.4      
Unrecognized compensation expense, period for recognition (in years)                   2 years 1 month 6 days      
Awards that Do Not Meet Age and Service Requirements for Vesting                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Noncash share-based compensation expense recognized | $                   $ 22.9 $ 18.8 $ 17.0  
Unrecognized compensation expense | $             $ 26.5     $ 26.5      
Unrecognized compensation expense, period for recognition (in years)                   2 years 2 months 12 days      
Director | 2019 Plan Units | Time Based Long-Term Incentive Plan Unit                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Granted (in shares) | shares     171,153       31,117   76,718        
Fair value of share-based awards granted in period | $     $ 1.1       $ 0.2   $ 1.1        
Award vesting period (in years)     3 years           3 years        
Executive Officer | 2019 Plan Units | Time Based Long-Term Incentive Plan Unit                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Granted (in shares) | shares     82,199 745,155                  
Fair value of share-based awards granted in period | $     $ 0.5 $ 5.6                  
Executive Officer | 2019 Plan Units | Market Based Long-Term Incentive Plan Unit                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Granted (in shares) | shares     116,927 3,358,767                  
Fair value of share-based awards granted in period | $     $ 0.5 $ 14.0                  
Reduction of grants (in shares) | shares   666,933                      
Fair value of reduction of share-based awards granted in period | $   $ 2.8                      
Executive Officer | 2019 Plan Units, Connected With Bonus Program | Time Based Long-Term Incentive Plan Unit                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Granted (in shares) | shares       624,380                  
Fair value of share-based awards granted in period | $       $ 4.4                  
Award vesting period (in years)                   3 years      
Award vesting percentage of award face amount             125.00%     125.00%      
Executive Officer | Vest immediately | Time Based Long-Term Incentive Plan Unit                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Granted (in shares) | shares       23,049 26,056                
Executive Officer | Vest ratably over three years | Time Based Long-Term Incentive Plan Unit                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Granted (in shares) | shares       601,331 308,896                
Award vesting period (in years)       3 years 3 years                
Executive Officer | Vest in two equal annual installments | Time Based Long-Term Incentive Plan Unit                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Number of vesting installments | vesting_installment       2 2                
Executive Officer | 2013 Plan Units | Time Based Long-Term Incentive Plan Unit                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Granted (in shares) | shares         461,693                
Fair value of share-based awards granted in period | $         $ 6.4                
Executive Officer | 2013 Plan Units | Market Based Long-Term Incentive Plan Unit                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Granted (in shares) | shares         1,806,520                
Fair value of share-based awards granted in period | $         $ 12.8                
Executive Officer | 2013 Plan Units, Connected With Bonus Program | Time Based Long-Term Incentive Plan Unit                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Granted (in shares) | shares         334,952                
Fair value of share-based awards granted in period | $         $ 4.6                
Certain Other Employees | 2019 Plan Units | Market Based Long-Term Incentive Plan Unit                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Reduction of grants (in shares) | shares   99,630                      
Fair value of reduction of share-based awards granted in period | $   $ 0.5                      
Minimum                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Age of grantee at which LTIP unit and restricted stock awards immediately vest (in years)                   60 years      
Minimum | Long-Term Incentive Plan Units and Restricted Stock                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Expected term (in years)                   2 years 2 years    
Minimum | Time Based Long-Term Incentive Plan Unit                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Award vesting period (in years)                   3 years      
Minimum | 2019 Plan Units | Time Based Long-Term Incentive Plan Unit                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Award vesting period (in years)     3 years                    
Number of vesting installments | vesting_installment     2                    
Maximum                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Age of grantee at which LTIP unit and restricted stock awards immediately vest (in years)                   65 years      
Maximum | Long-Term Incentive Plan Units and Restricted Stock                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Expected term (in years)                   5 years 6 months 5 years 3 months 18 days    
Maximum | Time Based Long-Term Incentive Plan Unit                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Award vesting period (in years)                   4 years      
Maximum | 2019 Plan Units | Time Based Long-Term Incentive Plan Unit                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Award vesting period (in years)     4 years                    
Number of vesting installments | vesting_installment     3