NET INCOME PER COMMON SHARE AND EQUITY PER COMMON SHARE (Tables)

12 Months Ended

Dec. 31, 2016

NET INCOME PER COMMON SHARE AND EQUITY PER COMMON SHARE [Abstract]

Shares Used in Computing Basic and Diluted Net Income per Share

Basic net income per share is based on the weighted average number of common shares outstanding. Diluted net income per share is based on the weighted average number of common shares outstanding, the potentially dilutive effect of employee stock options and restricted stock awards. The following table summarizes the shares used in computing basic and diluted net income per share:

	For the Year
	Ended December 31,
	2016		2015		2014
	(in thousands)
Weighted average common shares outstanding during the period for Basic computation		9,098		8,960		8,884
Dilutive effect of employee stock options		63		45		42
Weighted average common shares outstanding during the period for Diluted computation		9,161		9,005		8,926