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FAIR VALUE MEASUREMENTS (Tables)
 12 Months Ended
Dec. 31, 2012
Fair Value Disclosures [Abstract]  
Fair Value, Measurement Inputs, Disclosure [Table Text Block]
Assets and liabilities measured at fair value on a recurring basis consisted of the following (amounts in thousands):

 
December 31, 2012
 
December 31, 2011
 
Total
 
Level 1
 
Level 2
 
Level 3
 
Total
 
Level 1
 
Level 2
 
Level 3
Investment in Titan Europe Plc (a)
$
—

 
$
—

 
$
—

 
$
—

 
$
28,998

 
$
28,998

 
$
—

 
$
—

Contractual obligation investments
7,408

 
7,408

 
 
 
 
 
12,395

 
12,395

 
 
 
 
Interest rate swap
1,048

 
—

 
1,048

 
—

 
634

 
—

 
634

 
—

Preferred stock
250

 
—

 
—

 
250

 
1,000

 
—

 
—

 
1,000

Derivative financial instruments liability
(7,376
)
 
—

 
(7,376
)
 
—

 
—

 
—

 
—

 
—

Total
$
1,330

 
$
7,408

 
$
(6,328
)
 
$
250

 
$
43,027

 
$
41,393

 
$
634

 
$
1,000
Fair Value, Measured on Recurring Basis, Gain (Loss) Included in Earnings [Table Text Block]
The following table presents the changes during the periods presented in Titan's Level 3 investments that are measured at fair value on a recurring basis (amounts in thousands):
 
Preferred stock
Balance at December 31, 2011
$
1,000

  Change in preferred stock investment
(750
)
  Total realized and unrealized gains and losses
—

Balance as of December 31, 2012
$
250