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Unit-Based Compensation | 3 Months Ended
--- | ---
Mar. 31, 2017
Share-based Compensation [Abstract] |
Unit-Based Compensation | Unit-Based Compensation Unit-based compensation expense related to the Partnership included in our Consolidated Statements of Operations and Comprehensive Income was as follows:
| For the Three Months Ended March 31,
| 2017 |  | 2016
| (in millions)
Phantom common units | $ | 4 |  |  | $ | 3 |
Allocated expense from Parent | — |  |  | — |
Total unit-based compensation expense | $ | 4 |  |  | $ | 3 |
Phantom Common Unit Awards The Partnership issues phantom units which have the right to receive distributions prior to vesting. The units vest 60% after three years and 40% after five years. The fair value of these units is the market price of our common units on the grant date, and is amortized over the five-year vesting period using the straight-line method. Unrecognized compensation cost related to our nonvested restricted phantom units totaled $35 million as of March 31, 2017, which is expected to be recognized over a weighted average period of 4.06 years. The fair value of nonvested phantom units outstanding as of March 31, 2017 totaled $68 million. A summary of our phantom unit award activity is as follows:
| Number of Phantom Common Units |  | Weighted-Average Grant Date Fair Value
Outstanding at December 31, 2015 | 1,147,048 |  |  | $ | 41.19 |
Granted | 966,337 |  |  | 26.95 |
Vested | (1,240 | ) |  | 36.98 |
Forfeited | (98,511 | ) |  | 39.77 |
Outstanding at December 31, 2016 | 2,013,634 |  |  | 34.43 |
Granted | 20,112 |  |  | 26.27 |
Vested | (8,557 | ) |  | 47.96 |
Forfeited | (34,880 | ) |  | 36.67 |
Outstanding at March 31, 2017 | 1,990,309 |  |  | $ | 34.22 |
Cash Awards In January 2015, the Partnership granted 30,710 awards that are settled in cash under the terms of the Sunoco LP Long-Term Cash Restricted Unit Plan. An additional 1,000 awards were granted in September 2015. During the three months ended March 31, 2017, 3,400 units were forfeited. These awards do not have the right to receive distributions prior to vesting. The awards vest 100% after three years. Unrecognized compensation cost related to our nonvested cash awards totaled $0.3 million as of March 31, 2017, which is expected to be recognized during 2017. The fair value of nonvested cash awards outstanding as of March 31, 2017 totaled $1 million.

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- Definition The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 40 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=65895303&loc=d3e17540-113929 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 50 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68057994&loc=d3e25284-112666 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 14) -URI http://asc.fasb.org/extlink&oid=27013229&loc=d3e301413-122809 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5444-113901 + Details
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