Accumulated Other Comprehensive Loss

9 Months Ended

Sep. 30, 2013

Accumulated Other Comprehensive Loss [Abstract]

Accumulated Other Comprehensive Loss

Note 5 – ACCUMULATED OTHER COMPREHENSIVE LOSS

A summary of the component items (all affecting the “Costs and expenses” line item within the Condensed Statements of Income) showing the reclassifications out of Accumulated other comprehensive loss (“AOCL”) is as follows:

	Amounts reclassified from AOCL
	Three Months Ended Sept. 30
Component item	2013		2012
Amortization of defined benefit pension items:
Prior service cost	$	4,367	$	4,367
Net loss		165,884		123,098
Total	$	170,251	$	127,465
	Amounts reclassified from AOCL
	Nine Months Ended Sept. 30
Component item	2013		2012
Amortization of defined benefit pension items:
Prior service cost	$	13,102	$	13,102
Net loss		497,652		369,293
Total	$	510,754	$	382,395

Note 5 – ACCUMULATED OTHER COMPREHENSIVE LOSS (Continued)

A summary of the changes in Accumulated other comprehensive loss (“AOCL”) by component item is as follows:

	Three Months Ended September 30, 2013
Defined benefit pension items:	Prior Service Cost		Net Loss		Total
Balance at beginning of period	$	(26,201)	$	(2,055,405)	$	(2,081,606)
Amounts reclassified from AOCL		4,367		165,884		170,251
Balance at end of period	$	(21,834)	$	(1,889,521)	$	(1,911,355)
	Three Months Ended September 30, 2012
Defined benefit pension items:	Prior Service Cost		Net Loss		Total
Balance at beginning of period	$	(43,670)	$	(2,144,397)	$	(2,188,067)
Amounts reclassified from AOCL		4,367		123,098		127,465
Balance at end of period	$	(39,303)	$	(2,021,299)	$	(2,060,602)
	Nine Months Ended September 30, 2013
Defined benefit pension items:	Prior Service Cost		Net Loss		Total
Balance at beginning of period	$	(34,936)	$	(2,387,173)	$	(2,422,109)
Amounts reclassified from AOCL		13,102		497,652		510,754
Balance at end of period	$	(21,834)	$	(1,889,521)	$	(1,911,355)
	Nine Months Ended September 30, 2012
Defined benefit pension items:	Prior Service Cost		Net Loss		Total
Balance at beginning of period	$	(52,405)	$	(2,390,592)	$	(2,442,997)
Amounts reclassified from AOCL		13,102		369,293		382,395
Balance at end of period	$	(39,303)	$	(2,021,299)	$	(2,060,602)