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EARNINGS (LOSS) PER SHARE
3 Months Ended
Mar. 31, 2017
EARNINGS (LOSS) PER SHARE [Abstract]  
EARNINGS (LOSS) PER SHARE
2.
EARNINGS (LOSS) PER SHARE

The following table sets forth the calculation of basic and diluted net earnings (loss) per common share under the two-class method for the three months ended March 31, 2017 and 2016:


   
Three Months Ended
 
   
March 31,
 
  
2017
  
2016
 
       
Numerator:
      
Net earnings (loss)
 
$
746
  
$
(100,696
)
Less dividends declared:
        
     Class A
  
130
   
131
 
     Class B
  
699
   
682
 
Undistributed loss
 
$
(83
)
 
$
(101,509
)
         
Undistributed loss allocation - basic and diluted:
        
     Class A undistributed loss
 
$
(14
)
 
$
(17,860
)
     Class B undistributed loss
  
(69
)
  
(83,649
)
     Total undistributed loss
 
$
(83
)
 
$
(101,509
)
         
Net earnings (loss) allocation - basic and diluted:
        
     Class A net earnings (loss)
 
$
116
  
$
(17,729
)
     Class B net earnings (loss)
  
630
   
(82,967
)
     Net earnings (loss)
 
$
746
  
$
(100,696
)
         
Denominator:
        
Weighted-average shares outstanding:
        
     Class A - basic and diluted
  
2,175
   
2,175
 
     Class B - basic and diluted
  
9,845
   
9,701
 
         
Net earnings (loss) per share:
        
     Class A - basic and diluted
 
$
0.05
  
$
(8.15
)
     Class B - basic and diluted
 
$
0.06
  
$
(8.55
)