XML 36 R23.htm IDEA: XBRL DOCUMENT

TRUST PREFERRED SECURITIES PAYABLE	3 Months Ended
TRUST PREFERRED SECURITIES PAYABLE	Mar. 31, 2018
TRUST PREFERRED SECURITIES PAYABLE [Abstract]
TRUST PREFERRED SECURITIES PAYABLE	16. TRUST PREFERRED SECURITIES PAYABLE On March 19, 2004, the Holding Company completed an offering of $72,165 of trust preferred securities through Dime Community Capital Trust I, an unconsolidated special purpose entity formed for the purpose of the offering. The trust preferred securities bear a fixed interest rate of 7.0%, mature on April 14, 2034, and became callable without penalty at any time on or after April 15, 2009. Interest expense related to the trust preferred securities payable was $1,256 during the three months ended March 31, 2017. During the three months ended September 30, 2017, the Company fully redeemed its $70,680 of trust preferred securities borrowings at par from third parties.