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INVESTMENTS (Tables)
6 Months Ended
Jun. 30, 2021
INVESTMENTS  
Schedule of investments

June 30,

December 31,

(In thousands)

    

2021

    

2020

 

Short-term investments:

Held-to-maturity debt securities

$

89,967

$

Long-term investments:

Cash surrender value of life insurance policies

$

2,666

$

2,536

Investments at cost:

GTE Mobilnet of South Texas Limited Partnership (2.34% interest)

 

21,450

 

21,450

Pittsburgh SMSA Limited Partnership (3.60% interest)

 

22,950

 

22,950

CoBank, ACB Stock

 

7,867

 

8,882

Other

 

273

 

273

Equity method investments:

GTE Mobilnet of Texas RSA #17 Limited Partnership (20.51% interest)

 

19,581

 

20,299

Pennsylvania RSA 6(I) Limited Partnership (16.67% interest)

 

7,312

 

7,482

Pennsylvania RSA 6(II) Limited Partnership (23.67% interest)

 

27,443

 

27,793

Totals

$

109,542

$

111,665