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STOCK COMPENSATION PLANS (Tables)
12 Months Ended
Dec. 31, 2015
STOCK COMPENSATION PLANS [Abstract]  
Changes in Share of Class A Stock

 
 
2015
Shares
  
2015
Weighted
Average
Exercise
Price
  
2014
Shares
  
2014
Weighted
Average
Exercise
Price
  
2013
Shares
  
2013
Weighted
Average
Exercise
Price
 
Plan options
 
  
  
  
  
  
 
Outstanding at beginning of year
  
376,250
  
$
19.52
   
387,000
  
$
18.96
   
421,500
  
$
18.30
 
Granted
  
   
   
33,750
   
21.86
   
33,750
   
22.66
 
Exercised
  
(106,250
)
  
19.97
   
(44,500
)
  
16.45
   
(68,250
)
  
16.68
 
Expired
  
   
   
   
   
   
 
Outstanding at end of year
  
270,000
  
$
19.34
   
376,250
  
$
19.52
   
387,000
  
$
18.96
 
 
                        
Options exercisable at year end
  
270,000
  
$
19.34
   
342,500
  
$
19.29
   
353,250
  
$
18.61
 

Employee and Director Stock Options
The following tables summarize information about employee and director stock options outstanding at December 31, 2015:

Options Outstanding
 
 
 
 
Range of Exercise
Price
  
Shares Outstanding at
December 31, 2015
 
Weighted Average
Remaining Life
Weighted Average
Exercise Price
 
Aggregate Intrinsic
Value
 
 
$
15.26 - $19.04
   
135,000
 
4.12 Years
 
$
17.83
  
$
1,332,788
 
 
$
19.05 - $22.66
   
135,000
 
5.56 Years
 
$
20.87
  
$
923,096
 
        
 
        
Options Exercisable
     
 
        
Range of Exercise
Price
  
Shares Exercisable at
December 31, 2015
 
Weighted Average
Remaining Life
Weighted Average
Exercise Price
 
Aggregate Intrinsic
Value
 
 
$
15.26 - $19.04
   
135,000
 
4.12 Years
 
$
17.83
  
$
1,332,788
 
 
$
19.05 - $22.66
   
135,000
 
5.56 Years
 
$
20.86
  
$
923,096