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EARNINGS (LOSS) PER SHARE (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
EARNINGS (LOSS) PER SHARE [Abstract]      
Anti-dilutive shares outstanding (in shares) 400,000 16,700  
Numerator [Abstract]      
Net Income (Loss) $ (72,298) $ (809) $ 1,012
Denominator [Abstract]      
Basic - Weighted Average Common Shares Outstanding (in shares) 47,159,402 46,551,564 40,449,522
Dilutive Effect of Stock Options (in shares) 0 [1] 0 [1] 0 [1]
Dilutive - Weighted Average Common Shares Outstanding (in shares) 47,159,402 46,551,564 40,449,522
Income (Loss) per Common Share [Abstract]      
Basic (in dollars per share) $ (1.53) $ (0.02) $ 0.03
Diluted (in dollars per share) $ (1.53) $ (0.02) $ 0.03
[1] In August 2009, the Company announced that it had cancelled all outstanding stock options. Following the cancellation described in Note 10, there are no more outstanding stock option under the Plan.