SUMMARY OF QUARTERLY RESULTS (UNAUDITED)

12 Months Ended

Dec. 31, 2012

Quarterly Financial Information Disclosure [Abstract]

SUMMARY OF QUARTERLY RESULTS (UNAUDITED)

NOTE 17 - SUMMARY OF QUARTERLY RESULTS (UNAUDITED)

The following summarizes quarterly results of operations for the years ended December 31, 2012 and 2011.

	March 31			June 30		September 30		December 31
	(in thousands, except per share amounts)
2012
Revenues	$	84,515		$	83,825	$	87,108	$	95,012
Net income		26,084			30,572		30,119		33,923
Net income available to common stockholders		26,084			30,572		30,119		33,923
Net income available to common per share:
Basic net income	$	0.25		$	0.29	$	0.28	$	0.30
Diluted net income	$	0.25		$	0.29	$	0.27	$	0.30
Cash dividends paid on common stock	$	0.41		$	0.42	$	0.42	$	0.44
2011
Revenues	$	70,476		$	72,606	$	72,818	$	76,304
Net (loss) income		(5,913	)		17,790		21,436		19,293
Net (loss) income available to common stockholders		(11,076	)		17,806		21,436		19,293
Net income available to common per share:
Basic net (loss) income	$	(0.11	)	$	0.17	$	0.21	$	0.19
Diluted net (loss) income	$	(0.11	)	$	0.17	$	0.21	$	0.19
Cash dividends paid on common stock	$	0.37		$	0.38	$	0.40	$	0.40