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EARNINGS PER SHARE (Tables)
 9 Months Ended
Sep. 30, 2013
Earnings Per Share [Abstract]  
Schedule of computation of basic and diluted earnings per share
The following table sets forth the computation of basic and diluted earnings per share:
 

Three Months Ended 
 September 30
 
Nine Months Ended 
 September 30
 
2013

2012

2013

2012
 
(in thousands, except share and per share data)
Basic
 

 
 

 
 

 
 

Numerator:
 

 
 

 
 

 
 

Net income
$
13,982

 
$
6,518

 
$
5,465

 
$
197

Effect of unvested restricted stock awards
(585
)
 
(309
)
 
(243
)
 
(113
)
Adjusted net income
$
13,397

 
$
6,209

 
$
5,222

 
$
84

Denominator:
 

 
 

 
 

 
 

Weighted-average shares
25,736,810

 
25,613,315

 
25,690,184

 
25,535,969

Earnings per common share
$
0.52

 
$
0.24

 
$
0.20

 
$
—

Diluted
 

 
 

 
 

 
 

Numerator:
 

 
 

 
 

 
 

Net income
$
13,982

 
$
6,518

 
$
5,465

 
$
197

Effect of unvested restricted stock awards
(585
)
 
(309
)
 
(243
)
 
(113
)
Adjusted net income
$
13,397

 
$
6,209

 
$
5,222

 
$
84

Denominator:
 

 
 

 
 

 
 

Weighted-average shares
25,736,810

 
25,613,315

 
25,690,184

 
25,535,969

Effect of dilutive securities
—

 
—

 
—

 
—

Adjusted weighted-average shares and assumed conversions
25,736,810

 
25,613,315

 
25,690,184

 
25,535,969

Earnings per common share
$
0.52

 
$
0.24

 
$
0.20

 
$
—