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EARNINGS PER SHARE AND STOCK REPURCHASE PLAN (Tables)
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share
The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share data): 
 
2016
 
2015
 
2014
Numerator:
 
 
 
 
 
Net income (loss)
$
3,515

 
$
(25,364
)
 
$
15,320

Less: distributed loss / distributed and undistributed income (unvested restricted stock)
30

 
84

 
104

Net income (loss) attributable to common shareholders
$
3,485

 
$
(25,448
)
 
$
15,216

 
 
 
 
 
 
Denominator (basic and fully diluted):
 
 
 
 
 
Denominator for basic earnings per share-weighted-average shares
14,631

 
14,546

 
14,505

Basic and fully diluted earnings (loss) per share—common shareholders
$
0.24

 
$
(1.75
)
 
$
1.05