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Equity-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Schedule of Summarized Information Related to Restricted Stock and Restricted Units
The following table summarizes information related to RSUs held by employees and non-employee directors of the Company:
SharesWeighted Average
Grant Date
Fair Value per Share
Non-vested shares outstanding December 31, 2022
421,583 $88.26 
Granted161,875 137.43 
Vested(310,683)104.24 
Forfeited(9,716)107.65 
Non-vested shares outstanding December 31, 2023
263,059 $98.94 
Schedule of Summarized Information Related to Performance Share Units
The following table summarizes information related to PSUs held by employees of the Company:
SharesWeighted Average
Grant Date
Fair Value per Share
Non-vested shares outstanding December 31, 2022
373,141 $92.53 
Granted— — 
Vested(283,925)98.28 
Forfeited(10,273)109.30 
Non-vested shares outstanding December 31, 2023
78,943 $69.67 
Schedule of Nonvested Leveraged Stock Units Activity
The following table summarizes information related to LSUs held by employees of the Company:
SharesWeighted Average
Grant Date
Fair Value per Share
Non-vested shares outstanding December 31, 2022
497,037 $84.59 
Granted— — 
Vested— — 
Forfeited— — 
Non-vested shares outstanding December 31, 2023
497,037 $84.59 
Schedule of Assumptions
The following table summarizes the assumptions used in the Monte Carlo simulation model to determine the grant date fair value and associated equity-based compensation expenses by grant date:
Grant dateJanuary 18, 2021February 11, 2021April 13, 2021
Forecast period (years)
3 - 4
3 - 4
3 - 4
Risk-free interest rates
0.2% - 0.3%
0.2% - 0.3%
0.3% - 0.6%
Implied equity volatility
55% - 60%
55% - 60%
45% - 50%
Stock price on date of grant$44.41$49.66$68.07
Schedule of Summarized Information Related to Phantom Units
The following table summarizes information related to phantom unit awards held by employees of the Company:
Phantom Unit AwardsWeighted Average
Grant Date
Fair Value per Share
Non-vested phantom unit awards outstanding December 31, 2022
7,868 $135.91 
Granted9,919 166.23 
Vested(7,100)149.26 
Forfeited(644)156.38 
Non-vested phantom unit awards outstanding December 31, 2023
10,043 $165.87