MARKETABLE SECURITIES (Tables)

6 Months Ended

Jun. 30, 2013

MARKETABLE SECURITIES

Schedule of net realized gains and reclassification of net realized gains from other comprehensive income

	Three months ended					Six months ended
	June 30,					June 30,
(in thousands)		2013		2012			2013		2012
Net realized gain		$	57	$	74		$	80	$	112
Reclassification of net realized gains from other comprehensive income		$	57	$	74		$	80	$	112

Schedule of gross unrealized gains (losses) on marketable securities

	June 30, 2013					December 31, 2012
	Gross unrealized					Gross unrealized
(in thousands)	Gains		(Losses)			Gains		(Losses)
Municipal Obligations	$	174	$	(152	)	$	284	$	(20	)
Corporate Obligations		8		-			48		-
	$	182	$	(152	)	$	332	$	(20	)

Schedule of amortized cost basis, fair value and net unrealized gains on available-for-sale securities

	June 30, 2013						December 31, 2012
Type of Securities	Amortized Cost Basis		Fair Value		Net Unrealized Gains		Amortized Cost Basis		Fair Value		Net Unrealized Gains
(in thousands)
Municipal Obligations	$	35,461	$	35,483	$	22	$	35,342	$	35,606	$	264
Corporate Obligations		756		764		8		1,270		1,317		48
Total	$	36,217	$	36,247	$	30	$	36,612	$	36,923	$	312