INCOME TAXES (Tables)

3 Months Ended

Mar. 31, 2014

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, 2014 and December 31, 2013 is as follows:

	March 31, 2014			December 31, 2013
	(dollars expressed in thousands)
Gross deferred tax assets	$	375,092		359,261
Unrecognized tax benefits for uncertain tax positions	(879		)	—
Valuation allowance	(43,380		)	(43,380	)
Deferred tax assets, net of valuation allowance	330,833			315,881
Deferred tax liabilities	49,609			28,397
Net deferred tax assets	$	281,224		287,484