Redeemable Partnership Units
|12 Months Ended
Dec. 31, 2017
|Redeemable Partnership Units [Abstract]
|Redeemable Partnership Units
15. REDEEMABLE PARTNERSHIP UNITS
If a principal of SLP is terminated for cause, SLP would have the right to redeem all of the vested Class B units collectively held by the principal and his or her permitted transferees for a purchase price equal to the lesser of (i) the aggregate capital account balance in SLP of the principal and his or her permitted transferees and (ii) the purchase price paid by the terminated principal to first acquire the Class B units.