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Income Taxes
9 Months Ended
Sep. 30, 2016
Income Taxes [Abstract]  
INCOME TAXES

15. INCOME TAXES



The Company’s effective income tax rate for the three and nine months ended September 30, 2016 was 36.1% and 29.5%, respectively, and 18.2% and 14.3% for the three and nine months ended September 30, 2015, respectively. The Company’s effective tax rate for the 2016 periods differed from the federal statutory rate of 35% primarily due to the discrete impact of current year asset impairments. The Company’s asset impairments of $6,946 and  $135,884 for the three- and nine-month periods ended September 30, 2016, respectively, were related to both tax deductible and nondeductible assets and resulted in income tax benefits of $1,000 and $39,038, respectively.