FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2012

Schedule of measurement of fair value on a recurring basis


	Fair Value Measurements at December 31, 2012 with:
(in thousands)	Quoted prices in active markets for identical assets			Significant other observable inputs			Significant unobservable inputs
	(Level 1)			(Level 2)			(Level 3)
Assets:
Trading securities		$	—		$	6,026		$	—
Available-for-sale securities:									—
Municipal Obligations		$	—		$	35,606			—
Corporate Obligations			—			1,317			—
Total		$	—		$	36,923		$	—

	Fair Value Measurements at December 31, 2011 with:
(in thousands)	Quoted prices in active markets for identical assets		Significant other observable inputs		Significant unobservable inputs
	(Level 1)		(Level 2)		(Level 3)
Assets:
Trading securities	$	—	$	6,510	$	—
Available-for-sale securities:						—
Municipal Obligations	$	—	$	49,832		—
Corporate Obligations		—		4,269		—
Total	$	—	$	54,101	$	—

- Definition

Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

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