13.	INCOME TAXES

During the three months ended March 31, 2017 and 2016, the Company's consolidated effective tax rates were 38.2% and 42.2%, respectively. The higher consolidated tax rate in period ended March 31, 2016 was the result of a $68.2 million gain on sale of real estate transaction during the period. There were no other significant unusual income tax items during the three-month periods ended either March 31, 2017 or 2016.