DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2013

DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Schedule of earnings (loss) and weighted average shares outstanding used in the computation of basic and diluted earnings (loss) per share

The earnings and weighted average shares outstanding used in the computation of basic and diluted earnings per share are as follows (dollars in thousands, except share and per share data):

	2013		2012			2011
Numerator:
Net earnings	$	15,908	$	2,373		$	3,764
Less Dividends declared:
Class A		522		522			522
Class B		2,576		2,697			2,690
Undistributed earnings (loss)	$	12,810	$	(846	)	$	552
Undistributed earnings (loss) allocation - basic and diluted:
Class A undistributed earnings (loss)	$	2,346	$	(150	)	$	98
Class B undistributed earnings (loss)		10,464		(696	)		454
Total undistributed earnings (loss)	$	12,810	$	(846	)	$	552
Net earnings allocation - basic and diluted:
Class A net earnings	$	2,868	$	372		$	620
Class B net earnings		13,040		2,001			3,144
Net earnings	$	15,908	$	2,373		$	3,764
Denominator:
Weighted average shares outstanding:
Class A - basic and diluted		2,174,912		2,174,912			2,174,912
Class B - basic and diluted		9,239,646		9,624,578			9,597,661
Earnings per share:
Class A - basic and diluted	$	1.32	$	0.17		$	0.28
Class B - basic and diluted	$	1.41	$	0.21		$	0.33