EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2017

Earnings Per Share [Abstract]

Schedule of reconciling the numerator and denominator of EPS

The table below reconciles the numerator and denominator of EPS for the nine and three months ended September 30, 2017 and 2016.

(in thousands, except per-share information)
				Nine Months Ended September 30,				Three Months Ended September 30,
				2017		2016		2017		2016
Basic and diluted EPS per common share:
Numerator for basic and diluted EPS per common share:
	Net income - Basic and diluted		$	7,989	$	22,397	$	15,183	$	20,526
Weighted average common shares:
	Common shares outstanding at the balance sheet date			45,308		26,252		45,308		26,252
	Unvested dividend eligible share based compensation
		outstanding at the balance sheet date		47		55		47		55
	Effect of weighting			(6,747)		(3,688)		-		(2,174)
Weighted average shares-basic and diluted				38,608		22,619		45,355		24,133
Net Income per common share:
	Basic and diluted		$	0.21	$	0.99	$	0.33	$	0.85