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EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2019
EARNINGS PER SHARE [Abstract]  
Reconciliation of Numerator and Denominator of Diluted Net Income (Loss) Per Share Computations
The following is a reconciliation of the numerator and denominator of the diluted net income (loss) per share computations for the periods presented below:

  
Year Ended December 31,
 
(in thousands, except share data)
 
2019
  
2018
  
2017
 
Numerator:
         
Net income (loss)
 
$
2,015
  
$
(6,545
)
 
$
(11,484
)
Less: preferred stock dividend
  
-
   
-
   
-
 
Less: allocation to preferred stockholders
  
(54
)
  
-
   
-
 
Less: allocation to restricted stockholders
  
(38
)
  
-
   
-
 
Net income (loss) allocated to common stockholders
 
$
1,923
  
$
(6,545
)
 
$
(11,484
)
             
Basic earnings (loss) per share:
            
Denominator:
            
Weighted average common shares outstanding
  
24,554,033
   
24,423,479
   
23,906,395
 
Basic earnings (loss) per share
 
$
0.08
  
$
(0.27
)
 
$
(0.48
)
             
Diluted earnings (loss) per share:
            
Denominator:
            
Weighted average number of:
            
Common shares outstanding
  
24,554,033
   
24,423,479
   
23,906,395
 
Dilutive potential common shares outstanding:
            
Series A Preferred Stocck
  
-
   
-
   
-
 
Unvested restricted stock
  
-
   
-
   
-
 
Stock options
  
-
   
-
   
-
 
Dilutive shares outstanding
  
24,554,033
   
24,423,479
   
23,906,395
 
Diluted earnings (loss) per share
 
$
0.08
  
$
(0.27
)
 
$
(0.48
)