EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2015

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

Earnings per share for the three and six-months ended June 30, 2015 and 2014 are calculated for basic and diluted earnings per share as follows: 

	Basic				Diluted				Basic				Diluted
(in thousands, except per share amounts)	Three months ended June 30,				Three months ended June 30,				Six months ended June 30,				Six months ended June 30,
	2015		2014		2015		2014		2015		2014		2015		2014
Net income/(loss)	$	3,571	$	(2,363)	$	3,571	$	(2,363)	$	7,940	$	996	$	7,940	$	996
Net income allocated to warrants		-		-		-		-		-		(6)		-		(6)
Net income allocated to restricted stock		(24)		-		(23)		-		(53)		(5)		(52)		(5)
Net income/(loss) from continuing operations allocated to common shares	$	3,547	$	(2,363)	$	3,548	$	(2,363)	$	7,887	$	985	$	7,888	$	985
Basic Weighted-Average Shares Outstanding		11,344		11,233		11,344		11,233		11,335		10,612		11,335		10,612
Dilutive effect of stock options						205		-						221		28
Diluted Weighted-Average Shares Outstanding						11,549		11,233						11,556		10,640
Earnings/(Loss) Per Share	$	0.31	$	(0.21)	$	0.31	$	(0.21)	$	0.70	$	0.09	$	0.68	$	0.09