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EQUITY (Tables)
12 Months Ended
Dec. 31, 2016
Equity [Abstract]  
Quarterly dividends per share paid on common stock
The following table sets forth the quarterly dividends per share declared and paid on our common stock for the periods indicated:
 
 
Years Ended December 31,
 
 
2016
 
2015
 
2014
First Quarter
 
$
0.615

 
$
0.605

 
$
0.40

Second Quarter
 
0.615

 
0.605

 
0.56

Third Quarter
 
0.615

 
0.605

 
0.575

Fourth Quarter
 
0.615

 
0.615

 
0.59

Total
 
$
2.46

 
$
2.43

 
$
2.125