EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2014

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Weighted Average Shares Outstanding Earnings Per Share

The following table sets forth the calculation of basic and diluted weighted average shares outstanding and earnings per share for the indicated periods:

	Year Ended December 31,
	2014		2013		2012
Income (numerator):
Basic:
Net income (loss)		($189,543)		$117,634		$149,426
Net income attributable to participating securities		-		(2,817)		(2,984)
Net income (loss) attributable to common stock - basic		($189,543)		$114,817		$146,422
Diluted:
Net income (loss)		($189,543)		$117,634		$149,426
Net income attributable to participating securities		-		(2,815)		(2,982)
Net income (loss) attributable to common stock - diluted		($189,543)		$114,819		$146,444
Weighted average shares (denominator):
Weighted average shares - basic		52,721		48,693		48,319
Dilutive effect of stock options		-		42		42
Weighted average shares - diluted		52,721		48,735		48,361
Basic earnings (loss) per share		($3.60)		$2.36		$3.03
Diluted earnings (loss) per share		($3.60)		$2.36		$3.03