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EARNINGS (LOSS) PER SHARE (Tables)
 3 Months Ended
Mar. 31, 2014
EARNINGS (LOSS) PER SHARE [Abstract]  
Earnings and weighted-average shares outstanding used in the computation of basic and diluted earnings 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):

 
 
Three Months Ended
 
 
 
March 31,
 
 
 
2014
 
 
2013
 
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
Net earnings (loss)
 
$
2,503
 
 
$
(558
)
Less Dividends declared:
 
 
 
 
 
 
 
 
     Class A
 
 
130
 
 
 
130
 
     Class B
 
 
654
 
 
 
632
 
Undistributed earnings (loss)
 
$
1,719
 
 
$
(1,320
)
 
 
 
 
 
 
 
 
 
Undistributed earnings (loss) allocation - basic and diluted:
 
 
 
 
 
 
 
 
     Class A undistributed earnings (loss)
 
$
312
 
 
$
(242
)
     Class B undistributed earnings (loss)
 
 
1,407
 
 
 
(1,078
)
     Total undistributed earnings (loss)
 
$
1,719
 
 
$
(1,320
)
 
 
 
 
 
 
 
 
 
Net earnings (loss) allocation - basic and diluted:
 
 
 
 
 
 
 
 
     Class A net earnings (loss)
 
$
442
 
 
$
(112
)
     Class B net earnings (loss)
 
 
2,061
 
 
 
(446
)
     Net earnings (loss)
 
$
2,503
 
 
$
(558
)
 
 
 
 
 
 
 
 
 
Denominator:
 
 
 
 
 
 
 
 
Weighted-average shares outstanding:
 
 
 
 
 
 
 
 
     Class A common share - basic and diluted
 
 
2,174,912
 
 
 
2,174,912
 
     Class B common share - basic and diluted
 
 
9,334,955
 
 
 
9,221,104
 
 
 
 
 
 
 
 
 
 
Earnings (loss) per share:
 
 
 
 
 
 
 
 
     Class A common share - basic and diluted
 
$
0.20
 
 
$
(0.05
)
     Class B common share - basic and diluted
 
$
0.22
 
 
$
(0.05
)