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EARNINGS (LOSS) PER SHARE (Tables)
12 Months Ended
Dec. 31, 2012
Earnings Per Share [Abstract]  
Schedule of Calculation of Numerator and Denominator in Earnings Per Share [Table Text Block]

The reconciliation of the numerators and denominators of the basic and diluted EPS is as follows:

 

    Year Ended  
(Amounts in thousands,   December 31,  
except per share data)   2012     2011     2010  
                   
Basic:                        
Net income/(loss)   $ (8,393 )   $ (23,161 )   $ (9,402 )
Less:                        
Preferred stock dividends     (1,000 )     (1,000 )     (1,000 )
Accretion on preferred stock discount     (54 )     (54 )     (54 )
Net income (loss) available to common shareholders   $ (9,447 )   $ (24,215 )   $ (10,456 )
Weighted average common shares     4,769       4,743       4,724  
                         
Diluted:                        
Weighted average common shares     4,769       4,743       4,724  
Dilutive effect of stock options and warrants     -       -       -  
Weighted average common and incremental shares     4,769       4,743       4,724  
                         
Earnings (Loss) Per Common Share:                        
Basic   $ (1.98 )   $ (5.11 )   $ (2.21 )
Diluted   $ (1.98 )   $ (5.11 )   $ (2.21 )