INCOME TAXES (Tables)

3 Months Ended

Mar. 31, 2013

Income Tax Disclosure [Abstract]

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

A summary of the Company’s deferred tax assets and deferred tax liabilities at March 31, 2013 and December 31, 2012 is as follows:

	March 31, 2013			December 31, 2012
	(dollars expressed in thousands)
Gross deferred tax assets	$	411,344		405,266
Valuation allowance	(381,906		)	(376,224	)
Deferred tax assets, net of valuation allowance	29,438			29,042
Deferred tax liabilities	36,871			36,182
Net deferred tax liabilities	$	(7,433	)	(7,140	)