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STOCKHOLDERS' EQUITY AND ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
3 Months Ended
Mar. 31, 2013
Stockholders' Equity Note [Abstract]  
STOCKHOLDERS' EQUITY AND ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
SHAREHOLDERS’ EQUITY AND ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

Preferred Stock

The Company outstanding Series A Convertible Exchangeable Preferred Stock on which cumulative dividends of $2.125 per share are payable quarterly. The Company has paid $0.3 million of preferred stock dividends during the first three months of 2013.

Changes in Accumulated Other Comprehensive Income

The following table reflects the changes in Accumulated Other Comprehensive Income by component:
 
Pension
 
Postretirement
Medical Benefits
 
Available for
Sale
Securities
 
Tax Effect of
Other
Comprehensive
Income Gains
 
Accumulated
Other
Comprehensive
Loss
 
(In thousands)
Balance at December 31, 2012
(44,718
)
 
(77,528
)
 
57

 
(26,156
)
 
(148,345
)
Amounts reclassified from accumulated other comprehensive income
741

 
1,001

 

 

 
1,742

Balance at March 31, 2013
(43,977
)
 
(76,527
)
 
57

 
(26,156
)
 
(146,603
)

The following table reflects the reclassifications out of accumulated other comprehensive income for the three months ended March 31, 2013 (in thousands):
Details about accumulated other comprehensive income components
 
Amount
reclassified from
accumulated other
comprehensive
income 1
 
Affected line item
in the statement
where net income
is presented
Amortization of defined benefit pension items
 
 
 
 
Actuarial losses
 
741

 
2 
Amortization of postretirement medical items
 
 
 
 
Prior service costs
 
(159
)
 
3 
Actuarial losses
 
1,160

 
3 
 
 
1,001

 
Total
____________________
(1)
Amounts in parentheses indicate debits to income/loss.
(2)
These accumulated other comprehensive income components are included in the computation of net periodic pension cost. (See Note 7 - Pensions for additional details)
(3)
These accumulated other comprehensive income components are included in the computation of net periodic postretirement medical cost. (See Note 7 - Postretirement Medical Benefits for additional details)