SHARE-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2016

SHARE-BASED COMPENSATION [Abstract]

Summary of the restricted stock activity

A summary of the restricted stock activity under the Program as of December 31, 2016 is presented below:

						Weighted Average
Restricted Stock				Weighted Average		Remaining
Awards	Shares			Award Price		Contractual Term
Outstanding at January 1, 2016		564,025		$	22.00	3.2 years
Granted		180,000			23.30
Vested		(155,100	)		20.99
Forfeited		(30,325	)		23.06
Outstanding at December 31, 2016		558,600		$	22.64	3.1 years