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Pensions And Postretirement Benefits (Tables)
3 Months Ended
Mar. 31, 2014
Pensions And Postretirement Benefits [Abstract]  
Schedule Of Components Of Net Periodic Benefit Cost

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Three Months Ended

 

 

March 31, 2014

 

March 31, 2013

Qualified Pension Plan

 

 

 

 

 

 

Interest cost

 

$

257,364 

 

$

 -

Service cost

 

 

61,521 

 

 

 -

Expected return on plan assets

 

 

(337,278)

 

 

 -

Net periodic pension cost (income)

 

$

(18,393)

 

$

 -

 

 

 

 

 

 

 

Postretirement Benefits

 

 

 

 

 

 

Interest cost

 

$

43,110 

 

$

 -

Service cost

 

 

8,526 

 

 

 -

Expected return on plan assets

 

 

(24,423)

 

 

 -

Amortization of (gain)/loss

 

 

(68,265)

 

 

 -

Total postretirement benefit cost (income)

 

$

(41,052)

 

$

 -

 

Schedule Of Fair Value Of Financial Assets And Liabilities By Level

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of March 31, 2014

 

 

Total

 

 

Level 1

 

 

Level 2

 

 

Level 3

Assets from commodity derivative instruments

 

$

68,244 

 

$

 -

 

$

68,244 

 

$

 -

Assets from interest rate derivative instruments

 

 

144 

 

 

 -

 

 

144 

 

 

 -

Total assets from derivative instruments

 

 

68,388 

 

 

 -

 

 

68,388 

 

 

 -

Available for sale securities:

 

 

 

 

 

 

 

 

 

 

 

 

Equities

 

 

3,961 

 

 

3,961 

 

 

 -

 

 

 -

Mutual funds

 

 

11,336 

 

 

11,336 

 

 

 -

 

 

 -

Exchange traded funds

 

 

3,191 

 

 

3,191 

 

 

 -

 

 

 -

Total available for sale securities

 

 

18,488 

 

 

18,488 

 

 

 -

 

 

 -

 

 

$

86,876 

 

$

18,488 

 

$

68,388 

 

$

 -

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities from commodity derivative instruments

 

$

10,093 

 

$

 -

 

$

10,093 

 

$

 -

Liabilities from interest rate derivative instruments

 

 

9,538 

 

 

 -

 

 

9,538 

 

 

 -

Deferred Class B Unit Obligation

 

 

147,017 

 

 

 -

 

 

 -

 

 

147,017 

 

 

$

166,648 

 

$

 -

 

$

19,631 

 

$

147,017 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2013

 

 

Total

 

 

Level 1

 

 

Level 2

 

 

Level 3

Assets from commodity derivative instruments

 

$

89,616 

 

$

 -

 

$

89,616 

 

$

 -

Available for sale securities:

 

 

 

 

 

 

 

 

 

 

 

 

Equities

 

 

3,967 

 

 

3,967 

 

 

 -

 

 

 -

Mutual funds

 

 

11,639 

 

 

11,639 

 

 

 -

 

 

 -

Exchange traded funds

 

 

3,140 

 

 

3,140 

 

 

 -

 

 

 -

Total available for sale securities

 

 

18,746 

 

 

18,746 

 

 

 -

 

 

 -

 

 

$

108,362 

 

$

18,746 

 

$

89,616 

 

$

 -

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities from commodity derivative instruments

 

$

7,093 

 

$

 -

 

$

7,093 

 

$

 -

Liabilities from interest rate derivative instruments

 

 

10,391 

 

 

 -

 

 

10,391 

 

 

 -

 

 

$

17,484 

 

$

 -

 

$

17,484 

 

$

 -