SHAREHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2019

Stockholders' Equity Note [Abstract]

Schedule of changes in number of shares outstanding under equity incentive plans

Changes in the number of restricted shares outstanding under the Company's equity incentive plans are shown below:

	Year Ended December 31,
	2019	2018
Outstanding at beginning of the year	705,847	689,375
Issued	156,399	144,797
Cancelled	—	(400)
Vested	(136,950)	(127,925)
Outstanding at the end of the year	725,296	705,847

Schedule of compensation expense recorded for all incentive plans

The following table reflects the compensation expense recorded for all incentive plans (dollars in thousands):

	Year Ended December 31,
	2019		2018
Restricted stock grants	$	1,350	$	1,087
Restricted stock units	142		(92)
Total compensation	$	1,492	$	995

Schedule of computation of basic and diluted earnings per share

The following table sets forth the computation of basic and diluted earnings per share (dollars in thousands):

	Year Ended December 31,
	2019		2018
Numerator for basic and diluted earnings per share attributable to common stockholders:
Net income attributable to common stockholders	$	856	$	25,495
Denominator:
Denominator for basic earnings per share—weighted average number of shares	15,965,631		15,014,385
Effect of dilutive securities	200,000		200,000
Denominator for diluted earnings per share—adjusted weighted average number of shares and assumed conversions	16,165,631		15,214,385
Basic earnings per share	$	0.05	$	1.70
Diluted earnings per share	$	0.05	$	1.68