EARNINGS (LOSS) PER SHARE (Tables)

12 Months Ended

Dec. 31, 2015

Earnings Per Share [Abstract]

Schedule of basic and diluted net loss per share

Basic and diluted net EPS is calculated as follows (net income amounts are stated in thousands):

	For the year ended December 31,
	2015					2014							2013
	Shares	Net Income		EPS		Shares	Net Income			EPS			Shares	Net Income			EPS
Basic Earnings per Share	33,560,249	$	117,237	$	3.49	25,057,509	$	(110,938	)	$	(4.43	)	14,205,264	$	(34,625	)	$	(2.44	)
Convertible Debt	2,642,160	1,881				—	—						—	—
Restricted Stock	290,966	—				—	—						—	—
Stock Options	1,088,064	—				—	—						—	—
Dilutive Earnings per Share	37,581,439	$	119,118	$	3.17	25,057,509	$	(110,938	)	$	(4.43	)	14,205,264	$	(34,625	)	$	(2.44	)

Schedule of common stock options, convertible debt and restricted stock units anti-dilutive

For the years ended December 31, 2015, 2014 and 2013, the following shares were excluded because they were anti-dilutive:

	For the year ended December 31,
	2015	2014	2013
Restricted Stock	22,069	—	—
Options	1,049,375	1,132,500	172,667
Warrants	2,665,548	3,083,855	4,462,426
Total Anti-Dilutive Shares	3,736,992	4,216,355	4,635,093