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

12 Months Ended

Dec. 31, 2020

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,
		2020		2019		2018
	(in thousands)
Weighted average common shares outstanding during the period for Basic computation		$	9,327	$	9,277	$	9,239
Dilutive effect of employee stock options			42		49		54
Weighted average common shares outstanding during the period for Diluted computation		$	9,369	$	9,326	$	9,293