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SHARE-BASED COMPENSATION (Tables)

3 Months Ended

Jun. 30, 2014

SHARE-BASED COMPENSATION [Abstract]

Summary of Nonvested Restricted Shares

For the three months ended June 30, 2014, we granted 658 restricted shares under the 2008 Director LTIP, and 78,165 restricted shares under the 2012 Employee LTIP. For the three months ended June 30, 2013, we granted 712 restricted shares under the 2008 Director LTIP, and 77,115 restricted shares under the 2012 Employee LTIP. A summary of the restricted shares is as follows:

		Number of Shares				Weighted Average Grant-date Fair Value
Nonvested April 1, 2014			200,120			$	41.11
Granted			78,823			$	57.23
Vested			(103,056	)		$	34.64
Nonvested June 30, 2014			175,887			$	52.24

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- Definition

Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.

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