INCOME TAXES (Tables)

9 Months Ended

Sep. 30, 2016

INCOME TAXES [Abstract]

Summary of Provision for Income Tax Expense

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2016		2015		2016		2015
	(in thousands)				(in thousands)
Federal:
Current	$	(10,433)	$	5,040	$	(2,275)	$	11,016
Deferred		10,709		1,194		8,222		5,982
Federal income tax expense		276		6,234		5,947		16,998
State:
Current		(1,960)		665		(613)		1,760
Deferred		1,786		155		1,260		761
State income tax expense		(174)		820		647		2,521
Total income tax expense	$	102	$	7,054	$	6,594	$	19,519

Effective Federal and State Tax Rates to Income before Income Tax Expense

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2016		2015		2016		2015
	(in thousands)				(in thousands)
Computed expected tax expense provision, at federal rate	$	552	$	6,374	$	6,604	$	17,761
State tax, net of federal tax benefit		(148)		578		396		1,685
Other		(302)		102		(406)		73
Total income tax expense	$	102	$	7,054	$	6,594	$	19,519