PENSION AND OTHER POSTRETIREMENT BENEFITS (Tables)

3 Months Ended

Mar. 31, 2016

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

Schedule of defined benefit plans disclosures

For the three months ended March 31, 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
	Three Months Ended March 31,
	2016			2015
Service Cost	$	1,315		$	1,443
Interest Cost	3,000			2,770
Expected Return on Plan Assets	(3,380		)	(3,699		)
Amortizations:
Prior Service Cost	53			53
Actuarial Loss	2,309			2,656
Net Periodic Benefit Cost	3,297			3,223
Capitalized Benefit Cost	(1,187		)	(1,239		)
Deferred Benefit Cost	(161		)	—
Total Net Periodic Benefit Expense	$	1,949		$	1,984

	Other Postretirement Benefits
	Three Months Ended March 31,
	2016			2015
Service Cost	$	230		$	327
Interest Cost	653			771
Expected Return on Plan Assets	(776		)	(748		)
Amortizations:
Prior Service Cost	(86		)	152
Actuarial Loss	294			384
Net Periodic Benefit Cost	315			886
Capitalized Benefit Cost	(101		)	(256		)
Total Net Periodic Benefit Expense	$	214		$	630