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SHAREHOLDERS' EQUITY (Tables)
12 Months Ended
Dec. 31, 2018
SHAREHOLDERS' EQUITY [Abstract]  
Summary of Authorized Repurchase Plans

A summary of our authorized share repurchase plans is as follows:







 

 

 

 

($ in thousands, except share and per share amounts)

 

2018

 

2017

Maximum authorized share repurchase amount (1)

$

7,500 

$

7,500 

Date of plan's authorization by the Board

 

March 2018

 

March 2017

Funding source

 

Working capital

 

Credit facility

Number of shares repurchased under the plan (shares)

 

55,223 

 

51,533 

Amount paid for shares repurchased

$

1,310 

$

688 

Weighted average price paid per share

$

23.73 

$

13.36 

Remaining amount of shares authorized to be purchased under the plan (in dollars)

$

6,190 

$

6,812 



(1)

Common shares can be purchased in the open market or privately negotiated transactions over the next twelve months from the date of plan authorization.