INVESTMENTS

12 Months Ended

Dec. 31, 2012

INVESTMENTS

INVESTMENTS

NOTE 4 — INVESTMENTS

The Cooperative has determined fair value of its investments held to maturity based on Level 1 inputs.

The Cooperative’s investments held to maturity are as follows as of December 31, 2012 and 2011 (in thousands):

	Amortized Cost		Gross Unrealized Gains	Gross Unrealized Losses	Fair Value
December 31, 2012:
Money Market & CD’s	$	218	—	—	$	218
December 31, 2011:
Money Market & CD’s	$	217	—	—	$	217