XML 39 R21.htm IDEA: XBRL DOCUMENT v3.7.0.1
EARNINGS (LOSS) PER SHARE
 12 Months Ended
Dec. 31, 2016
EARNINGS (LOSS) PER SHARE [Abstract]  
EARNINGS (LOSS) PER SHARE
13.
EARNINGS (LOSS) PER SHARE
 
Basic earnings per share (“EPS”) are computed by dividing net income (loss) by the weighted-average number of common shares outstanding for the period. Diluted EPS is computed by dividing net income by the weighted-average number of common shares and dilutive common stock equivalents outstanding during the period.

 All figures in USD except number of shares and earnings (loss) per common share
 
2016
  
2015
  
2014
 
Numerator:
         
Net (Loss) Income
  
(4,456
)   
114,627
   
(13,166
)
Denominator:
            
Basic - Weighted Average Common Shares Outstanding
  
92,531,001
   
89,182,001
   
85,401,179
 
Dilutive – Weighted Average Common Shares Outstanding
  
92,531,001
   
89,182,001
   
85,401,179
 
Earnings (Loss) per Common Share:
            
Basic
  
(0.05
)   
1.29
   
(0.15
)
Diluted
  
(0.05
)   
1.29
   
(0.15
)