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(LOSS) EARNINGS PER SHARE (Tables)
 3 Months Ended
Mar. 31, 2016
(LOSS) EARNINGS PER SHARE [Abstract]  
Schedule of earnings and weighted average shares outstanding used in the computation of basic and diluted earnings per share
The following table sets forth the calculation of basic and diluted net (loss) earnings per common share under the two-class method for the three months ended March 31, 2016 and 2015:
 
   
Three Months Ended
 
   
March 31,
 
  
2016
  
2015
 
       
Numerator:
      
Net (loss) earnings
 
$
(100,696
)
 
$
5,320
 
Less dividends declared:
        
     Class A
  
131
   
131
 
     Class B
  
682
   
678
 
Undistributed (loss) earnings
 
$
(101,509
)
 
$
4,511
 
         
Undistributed (loss) earnings allocation - basic and diluted:
     
     Class A undistributed (loss) earnings
 
$
(17,860
)
 
$
796
 
     Class B undistributed (loss) earnings
  
(83,649
)
  
3,715
 
     Total undistributed (loss) earnings
 
$
(101,509
)
 
$
4,511
 
         
Net (loss) earnings allocation - basic and diluted:
        
     Class A net (loss) earnings
 
$
(17,729
)
 
$
927
 
     Class B net (loss) earnings
  
(82,967
)
  
4,393
 
     Net (loss) earnings
 
$
(100,696
)
 
$
5,320
 
         
Denominator:
        
Weighted-average shares outstanding:
        
     Class A - basic and diluted
  
2,175
   
2,175
 
     Class B - basic and diluted
  
9,701
   
9,670
 
         
Net (loss) earnings per share:
        
     Class A - basic and diluted
 
$
(8.15
)
 
$
0.43
 
     Class B - basic and diluted
 
$
(8.55
)
 
$
0.45