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NOTES PAYABLE TO BANKS (Tables)
6 Months Ended
Jun. 30, 2013
NOTES PAYABLE TO BANKS  
Schedule of interest incurred on the credit facility and the related weighted average interest rates
                                 
   
Three months ended
June 30
   
Six months ended
June 30
 
   
2013
   
2012
   
2013
   
2012
 
(in thousands except interest rate data)
                       
Interest incurred
  $ 324     $ 831     $ 677     $ 1,754  
Capitalized interest
  $ 247     $ 196     $ 489     $ 517  
Weighted average interest rate
    3.12 %     2.12 %     3.05 %     2.09 %