PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)

6 Months Ended

Jun. 30, 2012

Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]

Schedule of defined benefit plans disclosures

For the three and six months ended June 30, 2012 and 2011, 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
	Three Months Ended June 30,						Six Months Ended June 30,
	2012			2011			2012			2011
Service Cost	$	1,078		$	946		$	2,267		$	1,959
Interest Cost	2,412			2,404			4,811			4,762
Expected Return on Plan Assets	(2,411		)	(2,340		)	(5,171		)	(4,684		)
Amortizations:
Prior Service Cost	63			66			125			133
Actuarial Loss	2,060			1,417			3,815			2,720
Net Periodic Benefit Cost	3,202			2,493			5,847			4,890
Early Retirement Incentive Program Costs (ERIP)	—			—			—			102
Capitalized Benefit Costs	(1,228		)	(902		)	(2,207		)	(1,812		)
Total Net Periodic Benefit Expense	$	1,974		$	1,591		$	3,640		$	3,180

	Other Postretirement Benefits
	Three Months Ended June 30,						Six Months Ended June 30,
	2012			2011			2012			2011
Service Cost	$	225		$	228		$	518		$	498
Interest Cost	733			820			1,501			1,600
Expected Return on Plan Assets	(494		)	(562		)	(1,053		)	(1,124		)
Amortizations:
Prior Service Credits	(71		)	(88		)	(142		)	(177		)
Actuarial Loss	482			434			862			827
Net Periodic Benefit Cost	875			832			1,686			1,624
Capitalized Benefit Costs	(329		)	(297		)	(631		)	(605		)
Total Net Periodic Benefit Expense	$	546		$	535		$	1,055		$	1,019