SHARE OPTION PLAN (Tables)

12 Months Ended

Dec. 31, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Summary of share option transactions

The following summarizes share option transactions related to the Option Scheme in 2015, 2014 and 2013: 

	2015			2014			2013
	Options		Weighted average exercise price $	Options		Weighted average exercise price $	Options		Weighted average exercise price $
Options outstanding at beginning of year	189,000		13.17	423,000		9.99	498,000		10.27
Granted	—		—	—		—	—		—
Exercised	(64,000	)	10.55	(224,000	)	5.41	(75,000	)	5.29
Forfeited	—		—	(10,000	)	5.56	—		—
Options outstanding at end of year	125,000		12.56	189,000		13.17	423,000		9.99
Exercisable at end of year	125,000		12.56	189,000		13.17	374,333		9.22