EARNINGS (LOSS) PER SHARE (Tables)

3 Months Ended

Mar. 31, 2016

Earnings Per Share [Abstract]

Schedule of basic and diluted net income (loss) per share

Basic and diluted net earnings (loss) per share is calculated as follows (net income amounts are stated in thousands):

	Three Months Ended
	March 31, 2016							March 31, 2015
	Shares	Net Income			EPS			Shares	Net Income		EPS
Basic Earnings per Share	36,520,186	$	11,216		$	0.31		27,157,883	$	39,655	$	1.46
Dilutive shares related to warrants	1,427,293	—			—			—			—
Change in fair value of derivative instruments	—	(14,340		)	—			—	—		—
Convertible debt	—	—			—			2,642,160	518		—
Restricted stock	—	—			—			211,688	—		—
Stock options	—	—			—			368,963	—		—
Dilutive earnings per share	37,947,479	$	(3,124	)	$	(0.08	)	30,380,694	$	40,173	$	1.32

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

For the three months ended March 31, 2016 and 2015, the following shares were excluded because they were anti-dilutive:

	Three Months Ended
	March 31, 2016	March 31, 2015
Restricted stock units	341,606	—
Convertible debt	2,642,160	—
Options	5,609,418	1,200,000
Warrants	—	3,422,021
Total Anti-Dilutive Shares	8,593,184	4,622,021