NEW ACCOUNTING PRONOUNCEMENT

6 Months Ended

Jun. 30, 2013

Accounting Changes And Error Corrections [Abstract]

NEW ACCOUNTING PRONOUNCEMENT

2. NEW ACCOUNTING PRONOUNCEMENTS

In February 2013, the FASB issued ASU No. 2013-02, Comprehensive Income (Topic 220):  Reporting of Amounts Reclassified out of Accumulated Other Comprehensive Income.  ThisASU improves the transparency of reporting of amounts reclassified out of accumulated other comprehensive income.  The new amendments in ASU 2013-02 do not change the current requirements for reporting net income or other comprehensive income in financial statements.  The new amendments will require the Company to present (either on the face of the statements where net income is presented or in the notes) the effects on the line items of net income of significant amounts reclassified out of accumulated other comprehensive income.  It will also require a cross-reference to other disclosures currently required.  For public entities, the amendments are effective for reporting periods beginning after December 15, 2012.  The Company adopted the ASU during the first quarter of 2013.