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INCOME TAXES (Details) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016
INCOME TAXES |  |  |
Period of disqualification of REIT status | 4 years |  |
Capital gain distributions (as a percent) | 12.00% | 17.00% | 27.00%
Reconciliation between cash dividends paid and dividends paid deduction |  |  |
Dividends paid | $ 34,652 | $ 32,393 | $ 29,135
Dividend reinvestment plan | 314 | 252 | 181
Dividends before adjustments | 34,966 | 32,645 | 29,316
Less: Spillover dividends designated to previous year | (10,263) | (11,916) | (15,209)
Less: Spillover dividends designated to following year | (285) |  |
Plus: Dividends designated from following year |  | 10,263 | 11,916
Dividends paid deduction | $ 24,418 | $ 30,992 | $ 26,023
Maximum |  |  |
Reconciliation between cash dividends paid and dividends paid deduction |  |  |
Percentage of discount on common stock purchased through the dividend reinvestment plan | 5.00% |  |

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- Definition Represents the percentage of aggregate cash distributions for dividends during the period, treated as capital gains for federal tax purposes. + References No definition available. + Details
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- Definition Represents the subsequent period during which the entity would be disqualified as a real estate investment trust, if during any tax year the entity fails to qualify as a real estate investment trust. + References No definition available. + Details
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