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NET INCOME PER COMMON SHARE AND EQUITY PER COMMON SHARE (Tables)

12 Months Ended

Dec. 31, 2018

NET INCOME PER COMMON SHARE AND EQUITY PER COMMON SHARE [Abstract]

Shares Used in Computing Basic and Diluted Net Income Per Share

Basic net income per share is based on the weighted average number of common shares outstanding. Diluted net income per share is based on the weighted average number of common shares outstanding, the potentially dilutive effect of employee stock options and restricted stock awards. The following table summarizes the shares used in computing basic and diluted net income per share:

	For the Year
	Ended December 31,
	2018					2017				2016
	(in thousands)
Weighted average common shares outstanding during the period for Basic computation		$	9,239			$	9,175			$	9,098
Dilutive effect of employee stock options			54				67				63
Weighted average common shares outstanding during the period for Diluted computation		$	9,293			$	9,242			$	9,161

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- References

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- Definition

Tabular disclosure of the weighted average number of shares used in calculating basic net earnings per share (or unit) and diluted earnings per share (or unit).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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