PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)

9 Months Ended

Sep. 30, 2016

Compensation and Retirement Disclosure [Abstract]

Schedule of pension and other postretirement benefits

For the three and nine months ended  September 30, 2016 and 2015, net periodic benefit cost related to the employee and officer pension and other postretirement benefit plans consisted of the following components (in thousands):

	Pension Benefits						Pension Benefits
	Three Months Ended September 30,						Nine Months Ended September 30,
	2016			2015			2016			2015
Service Cost	$	892		$	996		$	2,675		$	2,988
Interest Cost	2,233			2,083			6,699			6,251
Expected Return on Plan Assets	(2,488		)	(2,759		)	(7,463		)	(8,278		)
Amortizations:
Prior Service Cost	39			40			117			119
Actuarial Loss	1,730			1,979			5,190			5,938
Net Periodic Benefit Cost	2,406			2,339			7,218			7,018
Capitalized Benefit Cost	(1,251		)	(1,216		)	(3,651		)	(3,649		)
Deferred Benefit Cost	(161		)	(341		)	(483		)	(666		)
Total Net Periodic Benefit Expense	$	994		$	782		$	3,084		$	2,703

	Other Postretirement Benefits						Other Postretirement Benefits
	Three Months Ended September 30,						Nine Months Ended September 30,
	2016			2015			2016			2015
Service Cost	$	106		$	186		$	318		$	558
Interest Cost	325			495			977			1,486
Expected Return on Plan Assets	(386		)	(499		)	(1,159		)	(1,496		)
Amortizations:
Prior Service Cost	(43		)	102			(129		)	304
Actuarial Loss	138			224			414			671
Net Periodic Benefit Cost	140			508			421			1,523
Capitalized Benefit Cost	(73		)	(264		)	(219		)	(792		)
Deferred Benefit Cost	—			(89		)	—			(168		)
Total Net Periodic Benefit Expense	$	67		$	155		202			563