FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES (Tables)

9 Months Ended

Sep. 30, 2014

FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES [Abstract]

Changes in Level 1 Assets

The following table presents the changes in Level 1 assets for the period indicated (in thousands):

	Nine Months Ended September 30,
	2014	2013
Fair value at beginning of period	$    1,837	$        2,413
Investment during the period	-	68
Realized and unrealized gains (losses)  included in other comprehensive income	(149)	(1,258)
Proceeds on sale of investment	(1,688)	-
Fair value at end of period	$            -	$ 1,223