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Equity-Based Compensation (Tables)
3 Months Ended
Mar. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Grant Date Fair Value for Awards of Performance Units Inputs
The grant date fair values for awards of performance units with market-based metrics, which were granted in the three months ended March 31, 2018 and 2017, were based on fair values as determined using a Monte Carlo simulation valuation methodology using the following key inputs:
 
 
2018
 
2017
Valuation date stock price based on the February 28, 2018 and March 22, 2017 closing stock prices
 
$34.44
 
$36.31
Expected volatility
 
34
%
 
36
%
Risk-free interest rate
 
2.39
%
 
1.46
%
Term in years
 
2.84

 
2.78