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Compensation Plans (Tables)
9 Months Ended
Sep. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Roll-Forward of Outstanding Restricted Stock Grants Issued
The following table represents a roll-forward of outstanding Restricted Stock and related activity during the nine months ended September 30, 2016:
 
Shares
 
Weighted-Average
Grant Date Price
per Share
Outstanding Restricted Stock as of December 31, 2015
329,356

 
$
108.46

Grants issued
38,900

 
183.14

Grants vested
(122,386
)
 
83.71

Grants forfeited
(15,070
)
 
141.52

Total Outstanding Restricted Stock as of September 30, 2016
230,800

 
$
132.01

Expense Recognition of Deferred Compensation
The recognition of compensation expense related to deferred compensation over the remaining vesting periods, adjusted for estimated forfeitures, is as follows:
Three Months 
 Remaining In
 
 
 
 
 
 
 
 
 
 
 
 
2016
 
2017
 
2018
 
2019
 
2020
 
Thereafter
 
Total
$
1,675,702

 
$
6,216,255

 
$
4,417,599

 
$
3,681,145

 
$
2,103,404

 
$
1,517,703

 
$
19,611,808

Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Grant Date Intrinsic Value
The following table represents stock issued as part of our incentive compensation program during the nine months ended September 30, 2016 and 2015:
 
Shares Issued
 
Grant Date Value
September 30, 2016
21,940

 
$
3,879,431

September 30, 2015
27,192

 
3,826,458