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DIVIDENDS (Tables) | 12 Months Ended
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Dec. 31, 2017
Supplemental Cash Flow Elements [Abstract] |
Summary of Dividends Declared | Below is a summary of dividends declared for the fiscal periods indicated.
|  |  |  |  |  | Amount per Share of |  |  | Total |
Declaration Date |  | Record Date |  | Payable Date |  | Common Stock (1) |  |  | Dividends (2) |
2/17/2015 |  | 3/4/2015 |  | 3/18/2015 |  | $ | 0.25 |  |  | $ | 29,025 |
5/18/2015 |  | 6/5/2015 |  | 6/19/2015 |  |  | 0.25 |  |  |  | 29,075 |
8/20/2015 |  | 8/31/2015 |  | 9/11/2015 |  |  | 0.25 |  |  |  | 29,080 |
11/13/2015 |  | 12/2/2015 |  | 12/16/2015 |  |  | 0.25 |  |  |  | 29,276 |
|  |  |  | Total |  | $ | 1.00 |  |  | $ | 116,456 |
2/24/2016 |  | 3/7/2016 |  | 3/18/2016 |  | $ | 0.27 |  |  | $ | 31,544 |
5/26/2016 |  | 6/8/2016 |  | 6/22/2016 |  |  | 0.27 |  |  |  | 31,459 |
8/18/2016 |  | 8/31/2016 |  | 9/13/2016 |  |  | 0.27 |  |  |  | 31,473 |
11/16/2016 |  | 12/2/2016 |  | 12/16/2016 |  |  | 0.27 |  |  |  | 31,568 |
|  |  |  | Total |  | $ | 1.08 |  |  | $ | 126,044 |
2/23/2017 |  | 3/8/2017 |  | 3/20/2017 |  | $ | 0.29 |  |  | $ | 33,912 |
5/25/2017 |  | 6/8/2017 |  | 6/22/2017 |  |  | 0.29 |  |  |  | 33,904 |
8/10/2017 |  | 8/31/2017 |  | 9/13/2017 |  |  | 0.29 |  |  |  | 33,911 |
11/17/2017 |  | 12/1/2017 |  | 12/15/2017 |  |  | 0.29 |  |  |  | 33,910 |
|  |  |  | Total |  | $ | 1.16 |  |  | $ | 135,637 |
(1) | Beginning with the dividend declared on February 24, 2016, the Company’s board of directors raised the quarterly dividend to $0.27 per common share. Beginning with the dividend declared on February 23, 2017, the Company’s board of directors raised the quarterly dividend to $0.29 per common share.
(2) | Of the dividends recorded during 2015, 2016 and 2017, $593, $554 and $558, respectively, were related to outstanding restricted stock units and will not be paid until such units vest. See Note 14.

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