SHAREHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2019

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)		2019		2018
Maximum authorized share repurchase amount (1)	$	7,500	$	7,500
Date of plan's authorization by the Board		March 2019		March 2018
Funding source		Working capital		Working capital
Number of shares repurchased under the plan (shares)		54,249		55,223
Amount paid for shares repurchased	$	$1,500	$	1,310
Weighted average price paid per share	$	27.65	$	23.73
Remaining amount of shares authorized to be purchased under the plan (in dollars)	$	6,000	$	6,190

(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.