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NOTES RECEIVABLE (Tables)
12 Months Ended
Dec. 31, 2013
Receivables [Abstract]  
Schedule of Notes Receivable
The following table summarizes the Company's investment in notes receivable at December 31, 2013 and 2012:
 
 
December 31,
(Dollars in millions)
 
2013
 
2012
Notes receivable
 
$
52.7

 
$
136.6

Notes receivable — related parties
 
4.1

 

Notes receivable and notes receivable — related parties(1)
 
$
56.8

 
$
136.6

                          
(1) The notes receivable have a weighted average stated interest rate of 6.18% and 5.65% at December 31, 2013 and 2012 and maturity dates ranging from June 2014 to February 2017. Effective interest rates are higher as certain notes receivable were acquired at a discount.