Compensation Plans (Tables)

3 Months Ended

Mar. 31, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Roll-Forward of Outstanding Restricted Stock Grants Issued

The following table represents a roll-forward of outstanding Restricted Stock and related activity during the three months ended March 31, 2016:



	Shares		Weighted-Average Grant Date Price per Share
Outstanding Restricted Stock as of December 31, 2015	329,356		$	108.46
Grants issued	22,800		179.78
Grants vested	(108,333	)	81.59
Grants forfeited	—		—
Total Outstanding Restricted Stock as of March 31, 2016	243,823		$	127.06

Expense Recognition of Deferred Compensation

The recognition of compensation expense related to deferred compensation over the remaining vesting periods, adjusted for estimated forfeitures, is as follows:



Nine Months Remaining In
2016		2017		2018		2019		2020		Thereafter		Total
$	5,102,629	$	6,159,198	$	4,291,586	$	3,386,868	$	1,656,737	$	1,198,365	$	21,795,383

Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Grant Date Intrinsic Value [Table Text Block]

The following table represents stock issued as part of our incentive compensation program during the three months ended March 31, 2016 and 2015:

Shares Issued

Grant Date Value

March 31, 2016

March 31, 2015