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CONTINGENT CONSIDERATION (Tables)
12 Months Ended
Dec. 31, 2012
Business Combination, Contingent Consideration Arrangements [Abstract]  
Schedule of Business Acquisitions by Acquisition, Contingent Consideration [Table Text Block]

The Company’s estimate of the fair value of the contingent payments as recorded in the Consolidated Balance Sheets was as follows:

 

    December 31,     December 31,  
    2012     2011  
    (Dollars in thousands)  
Current portion   $ 1,270     $ -  
Long-term portion     4,991       9,693  
Total contingent consideration   $ 6,261     $ 9,693  
Schedule of Business Acquisitions by Acquisition, Contingent Payments [Table Text Block]

The following table summarizes the activity during 2012 related to the contingent payments as recorded in the Consolidated Statements of Earnings (dollars in thousands):

 

Beginning balance   $ 9,693  
Net gain on remeasurement of contingent consideration     (3,522 )
Interest expense     90  
Ending balance   $ 6,261