PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)

6 Months Ended

Jun. 30, 2013

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, 2013 and 2012, 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,
	2013			2012			2013			2012
Service Cost	$	1,332		$	1,078		$	2,710		$	2,267
Interest Cost	2,387			2,412			4,719			4,811
Expected Return on Plan Assets	(2,968		)	(2,411		)	(5,957		)	(5,171		)
Amortizations:
Prior Service Cost	62			63			125			125
Actuarial Loss	2,332			2,060			4,503			3,815
Net Periodic Benefit Cost	3,145			3,202			6,100			5,847
Capitalized Benefit Costs	(1,268		)	(1,228		)	(2,435		)	(2,207		)
Total Net Periodic Benefit Expense	$	1,877		$	1,974		$	3,665		$	3,640

	Other Postretirement Benefits
	Three Months Ended June 30,						Six Months Ended June 30,
	2013			2012			2013			2012
Service Cost	$	259		$	225		$	570		$	518
Interest Cost	665			733			1,365			1,501
Expected Return on Plan Assets	(601		)	(494		)	(1,189		)	(1,053		)
Amortizations:
Prior Service Credits	(71		)	(71		)	(142		)	(142		)
Actuarial Loss	410			482			869			862
Net Periodic Benefit Cost	662			875			1,473			1,686
Capitalized Benefit Costs	(248		)	(329		)	(570		)	(631		)
Total Net Periodic Benefit Expense	$	414		$	546		$	903		$	1,055