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LONG-TERM DEBT (Tables)
12 Months Ended
Dec. 31, 2014
Debt Disclosure [Abstract]  
Schedule of long-term debt
Long-term debt consists of:
 
December 31,
 
2014
 
2013
 
(In thousands)
4.875% Senior Notes due November 30, 2018 (the "2013 Senior Notes"); interest payable each May 30 and November 30, which commenced May 30, 2014
$
500,000

 
$
500,000

4.75% Senior Notes due December 15, 2022 (the "2012 Senior Notes"); interest payable each June 15 and December 15, which commenced June 15, 2013
500,000

 
500,000

5% New York City Industrial Development Agency Liberty Bonds due September 1, 2035 (the "Liberty Bonds"); interest payable each March 1 and September 1, which commenced March 1, 2006
80,000

 
80,000

Total long-term debt
$
1,080,000

 
$
1,080,000

Schedule of debt instrument redemption
Thereafter, we may redeem the 2012 Senior Notes at the redemption prices set forth below, together with accrued and unpaid interest thereon to the applicable redemption date, if redeemed during the twelve-month period beginning on December 15 of the years indicated below:
Year
 
Percentage
2017
 
102.375
%
2018
 
101.583
%
2019
 
100.792
%
2020 and thereafter
 
100.000
%
We may redeem the 2013 Senior Notes at the redemption prices set forth below, together with accrued and unpaid interest thereon to the applicable redemption date, if redeemed during the twelve-month period beginning on November 30 of the years indicated below:
Year
 
Percentage
2015
 
103.250
%
2016
 
101.625
%
2017 and thereafter
 
100.000
%
Schedule of aggregate contractual maturities of long-term debt
Long-term debt maturities are as follows:
Years Ending December 31,
(In thousands)
2018
$
500,000

2022
500,000

2035
80,000

Total
$
1,080,000