Quarterly report pursuant to Section 13 or 15(d)

INCOME TAXES (Tables)

v3.7.0.1
INCOME TAXES (Tables)
6 Months Ended
Jun. 30, 2017
Income Tax Disclosure [Abstract]  
Schedule of Income Tax Expense (Benefit)
Income tax expense (benefit) consists of the following:
 
 
Three Months Ended 
 June 30,

Six Months Ended  
 June 30,
 
 
2017

2016

2017

2016
Current:
 
 
 
 
 
 
 
 
Federal
 
$
503

 
$
810

 
$
2,611

 
$
1,268

State and Local
 
153

 
158

 
223

 
158

Total Current Income Tax Expense (Benefit)
 
656

 
968

 
2,834

 
1,426

Deferred:
 
 
 
 
 
 
 
 
Federal
 
73,330

 
5,653

 
76,076

 
(3,797
)
State and Local
 
8,858

 
897

 
9,530

 
(334
)
Total Deferred Income Tax Expense (Benefit)
 
82,188

 
6,550

 
85,606

 
(4,131
)
Total Income Tax Expense (Benefit)
 
$
82,844

 
$
7,518

 
$
88,440

 
$
(2,705
)