STOCK BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2017

Stock Based Compensation

Summary of activity for the Stock Option Plans

Summary of activity in the expired stock option plan for 2017 follows:

				Weighted
		Weighted		Average	Aggregate
		Average		Remaining	Intrinsic
		Exercise		Contractual	Value
	Shares	Price		Term	(in thousands)
Outstanding, beginning of year	1,200	$	31.00
Granted	—		—			—
Forfeited or expired	—		—			—
Exercised	(600)		31.00
Outstanding, end of period	600	$	31.00	2 months	$	9
Vested and expected to vest	600	$	31.00	2 months	$	9
Exercisable, end of period	600	$	31.00	2 months	$	9

2005 Restricted Stock Grant Plan

Stock Based Compensation

Summary of changes in the Company's nonvested shares

		Weighted-Average		Fair
		Grant-Date		Value
Nonvested Shares	Shares	Fair Value		Per Share
Nonvested at January 1, 2017	10,636	$	253,518	$	23.84
Granted	—		—		—
Vested	(4,348)		(97,747)		22.48
Forfeited	(147)		(3,787)		25.76
Nonvested at December 31, 2017	6,141	$	151,984	$	24.75

2009 Stock Award Plan

Stock Based Compensation

Summary of changes in the Company's nonvested shares

		Weighted-Average		Fair
		Grant-Date		Value
Nonvested Shares	Shares	Fair Value		Per Share
Nonvested at January 1, 2017	7,297	$	213,853	$	29.31
Granted	6,575		213,688		32.50
Vested	(1,848)		(54,022)		29.23
Forfeited	(1,094)		(34,974)		31.97
Nonvested at December 31, 2017	10,930	$	338,545	$	30.97