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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Additional Information Concerning Restricted Stock Units
The following table summarizes additional information concerning restricted stock units at December 31, 2017:
 
 
Restricted Stock Units
 
Weighted Average Grant Date Fair Value Per Unit
Unvested as of December 31, 2016
 
903,967

 
$
21.58

Granted
 
576,357

 
19.38

Vested
 
(333,338
)
 
25.30

Dividends reinvested
 
64,873

 
21.17

Cancelled/forfeited
 
(86,372
)
 
20.61

Unvested as of December 31, 2017
 
1,125,487

 
$
19.71

Summary of Assumptions Used in Total Stockholder Return-Based Stock Units Valuation
The following are the key assumptions used in this valuation:
 
2017
 
2016
 
2015
Risk free interest rate
1.42% - 1.99%

 
0.78% - 1.60%


 
0.87% - 1.31%

Expected stock price volatility
28.86% - 30.97%

 
27.40% - 28.42%


 
23.55% - 27.02%

Expected service period
2.2 - 3.0 years

 
2.3 - 3.0 years

 
2.5 - 3.0 years

Expected dividend yield (assuming full reinvestment)
%
 
%
 
%