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Compensation and Benefits (Tables)

3 Months Ended

Mar. 31, 2020

Share-based Payment Arrangement [Abstract]

Components of Compensation Expense

Total compensation and benefits consists of the following:

			For the Three Months Ended March 31,
			2020						2019
Salaries, incentive compensation and benefits (1)			$	95,530					$	87,708
Restricted share-based award compensation expense			9,187						11,574
Total compensation and benefits			$	104,717					$	99,282
(1) Excluding restricted share-based award compensation expense

Restricted Share-Based Award Activity

The following tables summarize the restricted share-based award activity for the three months ended March 31, 2020:

			Weighted-Average Grant Date Fair Value						Restricted Stock Awards and Restricted Stock Units
Unvested at January 1, 2020			$	35.00					5,005,422
Granted			33.80						919,455
Forfeited			30.30						(24,778)
Vested			32.59						(588,144)
Unvested at March 31, 2020			$	35.08					5,311,955

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- Definition

Tabular disclosure of expenditures for salaries, wages, profit sharing and incentive compensation, and other employee benefits, including equity-based compensation, and pension and other postretirement benefit expense.

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- Definition

Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.

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