XML 43 R32.htm IDEA: XBRL DOCUMENT v3.19.2
Compensation and Benefits (Tables)
6 Months Ended
Jun. 30, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Components of Compensation Expense
Total compensation and benefits consists of the following:
 
For the Three Months Ended June 30,
 
For the Six Months Ended June 30,
 
2019
 
2018
 
2019
 
2018
Salaries, incentive compensation and benefits (1)
$
89,521


$
91,579

 
$
177,229


$
182,960

Restricted share-based award compensation expense
11,965


15,165

 
23,539


29,008

Total compensation and benefits
$
101,486

 
$
106,744

 
$
200,768

 
$
211,968

(1) Excluding restricted share-based award compensation expense

Restricted Share-Based Award Activity The following table summarizes the restricted share-based award activity for the six months ended June 30, 2019:
 
Weighted-Average Grant Date Fair Value
 
Number of Awards
Unvested at January 1, 2019
$
38.04

 
4,678,457

Granted
22.92

 
963,000

Forfeited
35.10

 
(13,145
)
Vested
35.35

 
(477,155
)
Unvested at June 30, 2019
$
35.47

 
5,151,157