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EQUITY COMPENSATION (Tables)
9 Months Ended
Sep. 30, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of Equity-based Compensation Expense, Net of Assumed Forfeitures
Equity-based compensation expense, net of forfeitures, recorded by the Company is presented in the following table:
Three months ended September 30,Nine months ended September 30,
 2023202220232022
Restricted units$61,976 $48,117 $193,509 $151,403 
Schedule of Dividends Declared and Paid
The following table summarizes the Company’s dividends declared and Dividend Equivalents paid during the nine months ended September 30, 2023:
Record DateDividends Per ShareDividend Equivalents Paid
March 17, 2023$0.77 $12,032 
June 16, 20230.77 11,874 
September 15, 20230.77 11,704 
Summary of Unvested Restricted Units' Activity
The following table presents unvested restricted units’ activity:
 Restricted UnitsWeighted Average
Grant Date Fair
Value Per Unit
Balance as of December 31, 202216,662,999 $48.76 
Granted4,749,923 78.81 
Vested(3,608,734)38.30 
Forfeited(229,216)58.36 
Balance as of September 30, 202317,574,972 $58.91 
Summary of Unvested Options Activity
A summary of options activity during the nine months ended September 30, 2023 is presented below:
 OptionsWeighted Average Exercise PriceWeighted Average Remaining Life
(in years)
Aggregate Intrinsic Value
Balance as of December 31, 20225,170,219 $19.00 1.3$255,616 
Exercised(4,799,446)19.00 — — 
Expired— — — — 
Forfeited— — — — 
Balance as of September 30, 2023370,773 $19.00 0.6$31,097 
Exercisable as of September 30, 2023370,773 $19.00 0.6$31,097