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LEASE COMMITMENTS (Tables)
12 Months Ended
Dec. 31, 2015
LEASE COMMITMENTS  
Summary of future minimum payments under operating leases

 

Following is a summary of future minimum payments under operating leases that have initial or remaining non-cancelable lease terms for the next five years (in thousands):

 

 

 

Operating
Leases

 

Year ending December 31,

 

 

 

2016

 

$

1,071 

 

2017

 

1,071 

 

2018

 

1,071 

 

2019

 

1,071 

 

2020

 

1,071 

 

 

 

 

 

Total minimum lease payments

 

$

5,355