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RESTRICTED STOCK UNITS (Tables)
12 Months Ended
Dec. 31, 2016
Restricted Stock Units [Abstract]  
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity
The following table summarizes restricted stock unit transactions in 2016, 2015 and 2014
 
 
Number of units
 
 
 
 
Directors

 
Management companies

 
Total

 
Fair value
Units outstanding as of December 31, 2013
 
17,632

 
17,632

 
35,263

 
$45.95
Granted
 
5,511

 
5,511

 
11,022

 
$47.40
Settled
 
(8,227
)
 
(8,227
)
 
(16,454
)
 
$46.60
Units outstanding as of December 31, 2014
 
14,916

 
14,916

 
29,832

 
$22.65
Granted
 
4,920

 
4,921

 
9,841

 
$21.50
Settled
 
(8,092
)
 
(8,093
)
 
(16,185
)
 
$22.20
Units outstanding as of December 31, 2015
 
11,744

 
11,744

 
23,488

 
$5.35
Settled
 
(11,744
)
 

 
(11,744
)
 
$3.64
Forfeited
 

 
(11,744
)
 
(11,744
)
 
-
Units outstanding as of December 31, 2016