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EARNINGS (LOSS) PER SHARE (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Basic:        
Net income/(loss) $ (4,139) $ (11,904) $ (4,429) $ (13,974)
Less:        
Preferred stock dividends (250) (250) (500) (500)
Accretion on preferred stock discount (13) (13) (27) (27)
Net income (loss) attributable to common shareholders $ (4,402) $ (12,167) $ (4,956) $ (14,501)
Weighted average common shares (in shares) 4,767,464 4,739,700 4,764,240 4,737,761
Diluted:        
Weighted average common shares (in shares) 4,767,464 4,739,700 4,764,240 4,737,761
Dilutive effect of stock options and warrants (in shares) 0 0 0 0
Weighted average common and incremental shares (in shares) 4,767 4,740 4,764 4,738
Earnings (Loss) Per Common Share:        
Basic (in dollars per share) $ (0.92) $ (2.57) $ (1.04) $ (3.06)
Diluted (in dollars per share) $ (0.92) $ (2.57) $ (1.04) $ (3.06)