SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2015

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 2015, 2014 and 2013.

Federal Income Tax Treatment of Share Distributions

	Years Ended December 31,
	2015		2014	2013
Common Share Distributions:
Ordinary dividends	$	2.24258	2.02398	1.91678
Nondividend distributions	0.02774		0.08974	0.21054
Unrecaptured Section 1250 capital gain	0.06968		0.09470	0.00270
Other capital gain	—		0.01158	0.00998
Total Common Share Distributions	$	2.34000	2.22000	2.14000

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, 2015 is as follows:

Years Ending December 31,	(In thousands)
2016	$	3,886
2017	2,540
2018	1,513
2019	1,078
2020	724