SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2014

Accounting Policies [Abstract]

Federal Income Tax Treatment of Share Distributions

The following table summarizes the federal income tax treatment for all distributions by the Company for the years ended 2014, 2013 and 2012.

Federal Income Tax Treatment of Share Distributions

	Years Ended December 31,
	2014		2013	2012
Common Share Distributions:
Ordinary dividends	$	2.02398	1.91678	1.64506
Nondividend distributions	0.08974		0.21054	0.29240
Unrecaptured Section 1250 capital gain	0.09470		0.00270	0.14942
Other capital gain	0.01158		0.00998	0.01312
Total Common Distributions	$	2.22000	2.14000	2.10000

Projected amortization of in-place lease intangibles for the next five years

Projected amortization of in-place lease intangibles for the next five years as of December 31, 2014 is as follows:

Years Ending December 31,	(In thousands)
2015	$	3,960
2016	2,555
2017	1,657
2018	1,158
2019	793