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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2019
Share-based Payment Arrangement [Abstract]  
Summary of Additional Information Concerning Restricted Stock Units
The following table summarizes additional information concerning restricted stock units at December 31, 2019:
 
 
Restricted Stock Units
 
Weighted Average Grant Date Fair Value Per Unit
Unvested as of December 31, 2018
 
1,477,318

 
$
17.88

Granted
 
603,131

 
20.59

Vested
 
(433,181
)
 
18.34

Dividends reinvested
 
152,329

 
18.60

Cancelled/forfeited
 
(61,735
)
 
18.29

Unvested as of December 31, 2019
 
1,737,862

 
$
18.90


Summary of Assumptions Used in Total Stockholder Return-Based Stock Units Valuation The following are the key assumptions used in this valuation:
 
2019
 
2018
 
2017
Risk free interest rate
1.57% - 2.54%

 
2.36% - 2.59%

 
1.42% - 1.99%

Expected stock price volatility
23.80% - 28.57%

 
28.57% - 30.02%

 
28.86% - 30.97%

Expected service period
2.4 - 3.0 years

 
2.5 - 3.0 years

 
2.2 - 3.0 years

Expected dividend yield (assuming full reinvestment)
%
 
%
 
%