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SHARE-BASED COMPENSATION (Tables) | 9 Months Ended
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Sep. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
Summary of share-based compensation expense | Share-based compensation expense, which is included in general and administrative expenses in our consolidated and combined statements of income, is summarized as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(Amounts in thousands) | 2016 |  | 2015 |  | 2016 |  | 2015
Share-based compensation expense components: |  |  |  |  |  |
Restricted share expense | $ | 352 |  |  | $ | 82 |  |  | $ | 968 |  |  | $ | 145 |
Stock option expense | 604 |  |  | 552 |  |  | 1,833 |  |  | 1,338 |
LTIP expense | 95 |  |  | 202 |  |  | 378 |  |  | 7,531 |
Outperformance Plan (“OPP”) expense(1) | 308 |  |  | 43 |  |  | 901 |  |  | 134 |
Total Share-based compensation expense | $ | 1,359 |  |  | $ | 879 |  |  | $ | 4,080 |  |  | $ | 9,148 |
(1) OPP Expense for the three months ended September 30, 2016 and 2015 includes $35,000 and $43,000, respectively, and $112,000 and $134,000 for the nine months ended September 30, 2016 and 2015, respectively, of unrecognized compensation expense of awards issued under Vornado’s OPP for UE employees who were previously Vornado employees. The remaining OPP unrecognized compensation expense was transferred from Vornado to UE as of the separation date and is amortized on a straight-line basis over the remaining life of the OPP awards issued.

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- Definition Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 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.F) -URI http://asc.fasb.org/extlink&oid=27013229&loc=d3e301413-122809 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 14 -Section F + Details
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