Annual report pursuant to Section 13 and 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 3)

v3.3.1.900
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 3) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
EarningsPerShareBasicAndDilutedLineItems                      
Net Income $ 31,749 $ 45,046 $ 45,073 $ 30,281 $ 29,917 $ 41,121 $ 40,860 $ 25,766 $ 152,149 $ 137,664 $ 123,330
Less: Dividends paid                 (91,755) (75,750) (65,658)
Undistributed earnings for the period                 60,394 61,914 57,672
Allocation of undistributed earnings:                      
Undistributed earnings                 $ 60,394 $ 61,914 $ 57,672
Basic shares outstanding:                      
Basic shares outstanding                 218,583,000 218,695,000 219,121,000
Diluted shares outstanding                      
Basic shares outstanding                 218,583,000 218,695,000 219,121,000
Weighted average participating shares outstanding - assuming dilution (in shares)                 218,583,000 218,695,000 219,121,000
Basic earnings per share                      
Total shares of common stock, basic (in dollars per share) $ 0.15 $ 0.21 $ 0.21 $ 0.14 $ 0.14 $ 0.19 $ 0.19 $ 0.12 $ 0.70 $ 0.63 $ 0.56
Diluted earning per share:                      
Total shares of common stock, diluted (in dollars per share) $ 0.15 $ 0.21 $ 0.21 $ 0.14 $ 0.14 $ 0.19 $ 0.19 $ 0.12 $ 0.70 $ 0.63 $ 0.56
Common Stock [Member]                      
EarningsPerShareBasicAndDilutedLineItems                      
Less: Dividends paid                 $ (90,631) $ (74,704) $ (64,571)
Undistributed earnings for the period                 59,611 61,001 56,663
Allocation of undistributed earnings:                      
Undistributed earnings                 59,611 61,001 56,663
Diluted allocation of undistributed earnings                 $ 59,611 $ 61,001 $ 56,663
Basic shares outstanding:                      
Basic shares outstanding                 215,749,000 215,470,000 215,289,000
Diluted shares outstanding                      
Basic shares outstanding                 215,749,000 215,470,000 215,289,000
Dilutive effect of stock options (in shares)                  
Weighted average participating shares outstanding - assuming dilution (in shares)                 215,749,000 215,470,000 215,289,000
Basic earnings per share                      
Distributed earnings basic (in dollars per share)                 $ 0.42 $ 0.35 $ 0.30
Undistributed earnings basic (in dollars per share)                 0.28 0.28 0.26
Total shares of common stock, basic (in dollars per share)                 0.70 0.63 0.56
Diluted earning per share:                      
Distributed earnings diluted (in dollars per share)                 0.42 0.35 0.30
Undistributed earnings diluted (in dollars per share)                 0.28 0.28 0.26
Total shares of common stock, diluted (in dollars per share)                 $ 0.70 $ 0.63 $ 0.56
Participating Securities [Member]                      
EarningsPerShareBasicAndDilutedLineItems                      
Less: Dividends paid                 $ (1,124) $ (1,046) $ (1,087)
Undistributed earnings for the period                 783 913 1,009
Allocation of undistributed earnings:                      
Undistributed earnings                 783 913 1,009
Diluted allocation of undistributed earnings                 $ 783 $ 913 $ 1,009
Basic shares outstanding:                      
Basic shares outstanding                 2,834,000 3,225,000 3,832,000
Diluted shares outstanding                      
Basic shares outstanding                 2,834,000 3,225,000 3,832,000
Weighted average participating shares outstanding - assuming dilution (in shares)                 2,834,000 3,225,000 3,832,000
Basic earnings per share                      
Distributed earnings basic (in dollars per share)                 $ 0.40 $ 0.32 $ 0.28
Undistributed earnings basic (in dollars per share)                 0.28 0.28 0.26
Total shares of common stock, basic (in dollars per share)                 $ 0.68 $ 0.60 $ 0.54