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EMPLOYEE AND DIRECTOR BENEFIT PLANS (Table)
12 Months Ended
Dec. 31, 2012
Share-based Compensation [Abstract]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
A summary of the Company’s stock option plans as of and for the year ended December 31, 2012 is as follows:
 
Outstanding Options
 
Exercisable Options
 
Number
 
Weighted
Average
Option
Price
 
Number
 
Weighted
Average
Option
Price
Predecessor Company
 

 
 

 
 

 
 

Options outstanding, December 31, 2011
281,667

 
$
5.81

 
275,292

 
$
5.86

Granted/vested

 

 

 

Exercised

 

 

 

Expired
725

 
3.94

 
725

 
3.94

Forfeited
37,183

 
7.34

 
32,933

 
7.34

Options outstanding, January 31, 2012
243,759

 
$
5.57

 
241,634

 
$
5.60

 
 
 
 
 
 
 
 
Successor Company
 

 
 

 
 

 
 

Options outstanding, February 1, 2012
243,759

 
$
5.57

 
241,634

 
$
5.60

Granted/vested

 

 

 

Exercised
8,835

 
3.68

 
8,835

 
3.68

Expired
1,616

 
4.63

 
1,616

 
4.63

Forfeited
9,607

 
8.08

 
7,482

 
8.08

Options outstanding, December 31, 2012
223,701

 
$
5.55

 
223,701

 
$
5.55

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]
The following table provides the range of exercise prices for options outstanding and exercisable as of December 31, 2012:
Range of Exercise Prices
 
Stock Options Outstanding
 
Stock Options Exercisable
 
 
 
 
 
$3.01 - $6.00
 
182,182

 
182,182

$6.01 - $9.00
 
18,192

 
18,192

$9.01 - $12.00
 
10,705

 
10,705

$12.01 - $12.71
 
12,622

 
12,622

 
 
223,701

 
223,701

Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]
A summary of the status of the Company’s non-vested restricted stock awards as of December 31, 2012 and 2011 and changes during the periods then ended is presented below:
 
Shares
 
Weighted
average grant
date fair value
Predecessor Company
 

 
 

Non-vested – December 31, 2010
82,669

 
$
6.98

Granted

 

Vested
11,094

 
10.71

Forfeited
17,000

 
4.19

Non-vested – December 31, 2011
54,575

 
$
7.10

Granted

 

Vested
3,575

 
12.64

Forfeited
16,750

 
7.38

Non-vested – January 31, 2012
34,250

 
$
6.38

 
 
 
 
Successor Company
 

 
 

Non-vested – February 1, 2012
34,250

 
$
6.38

Granted

 

Vested

 

Forfeited
16,750

 
6.22

Non-vested – December 31, 2012
17,500

 
$
6.54