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NOTES PAYABLE TO BANKS (Tables)
3 Months Ended
Mar. 31, 2013
NOTES PAYABLE TO BANKS  
Schedule of interest incurred on the credit facility and the related weighted average interest rates
   
       Three months ended
     March 31,
 
   
2013
   
2012
 
(in thousands except interest rate data)
           
Interest incurred
  $ 594     $ 923  
Capitalized interest
  $ 241     $ 321  
Weighted average interest rate
    3.0 %     2.1 %