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PENSION PLAN (Tables)
 12 Months Ended
Dec. 31, 2013
PENSION PLAN [Abstract]  
Schedule of plan's funded status
The following table sets forth the plan's funded status and amounts recognized in the consolidated financial statements:


 
 
Year Ended December 31,
 
 
 
2013
  
2012
  
2011
 
CHANGES IN BENEFIT OBLIGATIONS:
 
  
  
 
   Benefit obligation-beginning of year
 
$
23,169
  
$
21,233
  
$
17,903
 
   Service cost
  
37
   
35
   
117
 
   Interest cost
  
790
   
872
   
939
 
   Actuarial (gain) loss
  
(2,614
)
  
1,926
   
3,008
 
   Benefits paid
  
(1,068
)
  
(897
)
  
(734
)
Benefit obligation at end of year
  
20,314
   
23,169
   
21,233
 
 
            
CHANGE IN PLAN ASSETS:
            
   Fair value of plan assets-beginning of year
  
16,268
   
14,639
   
15,087
 
   Actual return on plan assets
  
2,919
   
1,807
   
12
 
   Employer contributions
  
673
   
719
   
274
 
   Benefits paid
  
(1,068
)
  
(897
)
  
(734
)
Fair value of plan assets-end of year
  
18,792
   
16,268
   
14,639
 
 
            
BENEFIT OBLIGATION IN EXCESS OF FAIR VALUE FUNDED STATUS:
 
$
(1,522
)
 
$
(6,901
)
 
$
(6,594
)
Amounts recognized in consolidated balance sheets
Amounts recognized in the consolidated balance sheets consist of:

 
 
At December 31,
 
 
 
2013
  
2012
  
2011
 
   Noncurrent liabilities
 
$
(1,522
)
 
$
(6,901
)
 
$
(6,594
)
Amounts recognized in accumulated other comprehensive loss
Amounts recognized in accumulated other comprehensive loss consist of:

 
 
Year Ended December 31,
 
 
 
2013
  
2012
  
2011
 
   Accumulated loss
 
$
(5,928
)
 
$
(11,276
)
 
$
(11,191
)
   Deferred income taxes
  
2,366
   
4,500
   
4,475
 
   Accumulated other comprehensive loss
 
$
(3,562
)
 
$
(6,776
)
 
$
(6,716
)
Components of net periodic cost for plan
The following table provides the components of net periodic cost for the plan:

 
 
Year Ended December 31,
 
 
 
2013
  
2012
  
2011
 
COMPONENTS OF NET PERIODIC BENEFIT COST
 
  
  
 
Service cost
 
$
37
  
$
35
  
$
117
 
Interest cost
  
790
   
872
   
939
 
Expected return on plan assets
  
(1,141
)
  
(1,021
)
  
(1,034
)
Recognized net actuarial loss
  
955
   
1,056
   
742
 
Net periodic benefit cost
 
$
641
  
$
942
  
$
764
 
Plan assets using fair value hierarchy
The following tables present plan assets using the fair value hierarchy as of December 31, 2013 and 2012.  The fair value hierarchy has three levels based on the reliability of inputs used to determine fair value.  Level 1 refers to fair values determined based on quoted prices in active markets for identical assets.  Level 2 refers to fair values estimated using observable prices that are based on inputs not quoted in active markets but observable by market data, while Level 3 includes the fair values estimated using significant non-observable inputs.  The level in the fair value hierarchy within which the fair value measurement falls is determined based on the lowest level input that is significant to the fair value measurement in its entirety.

 
 
Quoted Prices in Active Markets for Identical Assets
  
Significant Other Observable Inputs
  
Significant Unobservable Inputs
  
 
 
 
(Level 1)
  
(Level 2)
  
(Level 3)
  
Total
 
Equity securities
 
$
9,491
  
$
-
  
$
-
  
$
9,491
 
Fixed income
  
5,787
   
-
   
-
   
5,787
 
International equities
  
3,484
   
-
   
-
   
3,484
 
Cash and equivalents
  
30
   
-
   
-
   
30
 
Balance at December 31, 2013
 
$
18,792
  
$
-
  
$
-
  
$
18,792
 

 
 
Quoted Prices in Active Markets for Identical Assets
  
Significant Other Observable Inputs
  
Significant Unobservable Inputs
  
 
 
 
(Level 1)
  
(Level 2)
  
(Level 3)
  
Total
 
Equity securities
 
$
7,455
  
$
-
  
$
-
  
$
7,455
 
Fixed income
  
5,835
   
-
   
-
   
5,835
 
International equities
  
2,957
   
-
   
-
   
2,957
 
Cash and equivalents
  
21
   
-
   
-
   
21
 
Balance at December 31, 2012
 
$
16,268
  
$
-
  
$
-
  
$
16,268
 
 
Fair value of total plan assets by major asset category
Fair value of total plan assets by major asset category as of December 31:

 
 
2013
  
2012
  
2011
 
Equity securities
  
51
%
  
46
%
  
47
%
Fixed income
  
31
%
  
36
%
  
36
%
International equities
  
18
%
  
18
%
  
17
%
Cash and equivalents
  
0
%
  
0
%
  
0
%
Total
  
100
%
  
100
%
  
100
%
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Expected benefit payments for plan
Information about the expected benefit payments for the plan is as follows:

Year Ending December 31,
 
 
2014
 
$
1,041
 
2015
  
1,127
 
2016
  
1,196
 
2017
  
1,275
 
2018
  
1,330
 
Years 2019-2023
  
6,911
 
Benefit Obligations [Member]
  
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Weighted-average assumptions used
Weighted-average assumptions used to determine net periodic pension cost for years ended December 31:

 
 
2013
  
2012
  
2011
 
Discount rate
  
3.55
%
  
4.10
%
  
5.18
%
Rate of compensation increase
  
2.00
%
  
4.00
%
  
4.00
%
Long-term rate of return
  
7.00
%
  
7.00
%
  
7.00
%
Periodic Pension Cost [Member]
  
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]  
Weighted-average assumptions used
Weighted-average assumptions used to determine benefit obligations as of December 31:

 
 
2013
  
2012
  
2011
 
Discount rate
  
4.46
%
  
3.55
%
  
4.10
%
Rate of compensation increase
  
2.00
%
  
1.75
%
  
4.00
%