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Net Income per Share of Common Stock (Tables)
 3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table sets forth the computation of basic and diluted earnings (loss) per share:
 
Three months ended March 31,
(dollars in thousands, except earnings per share)
2017
 
2016
Numerator for earnings per share:
 
 
 
Net income (loss) that is available to common shareholders
$
(6,570
)
 
$
718

 
 
 
 
Denominator for basic earnings per share:
 
 
 
Weighted average shares outstanding
21,938,735

 
21,850,171

 
 
 
 
Denominator for diluted earnings per share:
 
 
 
Effect of stock options and restricted stock units
—

 
150,847

Adjusted weighted average shares and assumed conversions
21,938,735

 
22,001,018

 
 
 
 
Basic earnings (loss) per share
$
(0.30
)
 
$
0.03

 
 
 
 
Diluted earnings (loss) per share
$
(0.30
)
 
$
0.03

 
 
 
 
Shares excluded from diluted earnings (loss) per share due to:
 
 
 
Net loss position (excluded from denominator)
153,750

 
—

Inclusion would have been anti-dilutive (excluded from calculation)
615,587

 
616,642