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EARNINGS (LOSS) PER SHARE (Tables)
 12 Months Ended
Dec. 31, 2017
EARNINGS (LOSS) PER SHARE [Abstract]  
Basic and diluted earnings per share
Basic earnings per share ("EPS") are computed by dividing net income (loss) by the weighted-average number of common shares outstanding for the period. Diluted EPS is computed by dividing net income by the weighted-average number of common shares and dilutive common stock equivalents outstanding during the period.
 
All figures in USD except number of shares and earnings (loss) per common share
 
2017
  
2016
  
2015
 
Numerator:
         
Net (Loss) Income  
(204,969
)
  
(4,456
)
  
114,627
 
Denominator:
            
Basic - Weighted Average Common Shares Outstanding  
103,832,680
   
92,531,001
   
89,182,001
 
Dilutive – Weighted Average Common Shares Outstanding
  
103,832,680
   
92,531,001
   
89,182,001
 
Earnings (Loss) per Common Share:
            
Basic  
(1.97
)
  
(0.05
)
  
1.29
 
Diluted  
(1.97
)
  
(0.05
)
  
1.29