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RETIREMENT BENEFIT PLANS (Tables)
 12 Months Ended
Dec. 31, 2015
RETIREMENT BENEFIT PLANS [Abstract]  
Schedule of Fair Value and Allocation of Pension Plan Assets
The fair value and allocation of pension plan assets is as follows as of December 31, (amounts in thousands):

     
Fair Value Measurements at December 31, 2015
 
Asset Class
 
Total
  
Quoted Prices in
Active Markets
for Identical
Assets
(Level 1)
  
Significant
Observable Inputs
(Level 2)
  
Significant Unobservable Inputs
(Level 3)
 
             
Equity Securities
 
$
676
  
$
-
  
$
676
  
$
-
 
Fixed Income Securities
  
323
   
-
   
323
   
-
 
Money Market
  
112
   
-
   
112
   
-
 
Other
  
6
   
-
   
6
   
-
 
  
$
1,117
  
$
-
  
$
1,117
  
$
-
 

     
Fair Value Measurements at December 31, 2014
 
Asset Class
 
Total
  
Quoted Prices in
Active Markets for
Identical  Assets
(Level 1)
  
Significant
Observable Inputs
(Level 2)
  
Significant
Unobservable
Inputs
(Level 3)
 
             
Equity Securities
 
$
754
  
$
-
  
$
754
  
$
-
 
Fixed Income Securities
  
266
   
-
   
266
   
-
 
Money Market
  
116
   
-
   
116
   
-
 
Other
  
6
   
-
   
6
   
-
 
  
$
1,142
  
$
-
  
$
1,142
  
$
-
 
Schedule of Funded Status of Company's Pension and Postretirement Benefit Plans
The following table presents the funded status of the Company’s pension and postretirement benefit plans for the years ended December 31, (amounts in thousands):

  
Pension Benefits
  
Other Benefits
 
  
2015
  
2014
  
2015
  
2014
 
             
Change in projected benefit obligation:
            
Projected benefit obligation at beginning of year
 
$
1,594
  
$
1,422
  
$
1,300
  
$
997
 
Interest cost
  
59
   
59
   
50
   
49
 
Actuarial (gain) loss
  
(143
)
  
172
   
26
   
448
 
Benefits paid
  
(120
)
  
(59
)
  
(200
)
  
(194
)
Projected benefit obligation at end of year
 
$
1,390
  
$
1,594
  
$
1,176
  
$
1,300
 
                 
Change in plan assets:
                
Fair value of plan assets at beginning of year
 
$
1,142
  
$
1,069
  
$
-
  
$
-
 
Actual return on plan assets
  
2
   
70
   
-
   
-
 
Employer contributions
  
93
   
62
   
200
   
194
 
Benefits paid
  
(120
)
  
(59
)
  
(200
)
  
(194
)
Fair value of plan assets at end of year
 
$
1,117
  
$
1,142
  
$
-
  
$
-
 
                 
Funded status at end of year
 
$
(273
)
 
$
(452
)
 
$
(1,176
)
 
$
(1,300
)
                 
Amounts recognized in Consolidated Balance Sheets:
                
Other non-current assets
 
$
(42
)
 
$
(32
)
 
$
-
  
$
-
 
Accrued expenses
  
-
   
-
   
138
   
187
 
Other liabilities
  
315
   
483
   
1,038
   
1,113
 
Total
 
$
273
  
$
451
  
$
1,176
  
$
1,300
 
Schedule of Accumulated and Projected Benefit Obligations
The following table lists the projected benefit obligation (“PBO”), accumulated benefit obligation (“ABO”) and fair value of plan assets for the pension plans with PBOs and ABOs in excess of plan assets at December 31, (amounts in thousands):
 
  
2015
  
2014
 
  
PBO
exceeds
plan assets
  
ABO
exceeds
plan assets
  
PBO
exceeds
plan assets
  
ABO
exceeds
plan assets
 
             
Projected benefit obligation
 
$
1,390
  
$
1,390
  
$
1,594
  
$
1,594
 
Accumulated benefit obligation
 
$
1,390
  
$
1,390
  
$
1,594
  
$
1,594
 
Fair value of plan assets
 
$
1,117
  
$
1,117
  
$
1,143
  
$
1,143
 
Schedule of Assumptions Used to Determine Company's Benefit Obligations
The following table presents the assumptions used to determine the Company’s benefit obligations at December 31, 2015 and 2014 along with sensitivity of the Company’s plans to potential changes in certain key assumptions (amounts in thousands):

  
Pension Benefits
  
Other Benefits
 
  
2015
  
2014
  
2015
  
2014
 
             
Assumptions as of December 31,:
            
Discount rates
  
4.00
%
  
4.25
%
  
4.00
%
  
4.25
%
Expected long-term return rate on assets
  
5.75
%
  
5.75
%
  
N/A
 
  
N/A
 
Assumed rates of compensation increases
  
N/A
  
N/A
 
  
N/A
 
  
N/A
 
Medical trend rate pre-65 (initial)
  
N/A
 
  
N/A
 
  
7.75
%
  
8.00
%
Medical trend rate post-65 (initial)
  
N/A
 
  
N/A
 
  
7.25
%
  
7.50
%
Medical trend rate (ultimate)
  
N/A
 
  
N/A
 
  
5.00
%
  
5.00
%
Years to ultimate rate pre-65
  
N/A
 
  
N/A
 
  
7
   
8
 
Years to ultimate rate post-65
  
N/A
 
  
N/A
 
  
7
   
8
 
                 
Impact of one-percent increase in medical trend rate:
                
Increase in accumulated postretirement benefit obligation
         
$
90
  
$
73
 
Increase in service cost and interest cost
         
$
4
  
$
2
 
                 
Impact of one-percent decrease in medical trend rate:
                
Decrease in accumulated postretirement benefit obligation
         
$
78
  
$
66
 
Decrease in service cost and interest cost
         
$
3
  
$
2
 
Schedule of Net Periodic Benefit Cost
Information regarding the Company’s net periodic benefit cost for pension and other postretirement benefit plans for the years ended December 31, is as follows (amounts in thousands):

  
Pension Benefits
  
Other Benefits
 
  
2015
  
2014
  
2015
  
2014
 
             
Interest cost
 
$
59
  
$
59
  
$
50
  
$
49
 
Expected return on plan assets
  
(64
)
  
(63
)
  
-
   
-
 
Amortization of net loss
  
43
   
40
   
24
   
26
 
Net periodic benefit cost
 
$
38
  
$
36
  
$
74
  
$
75
 
Schedule of Estimated Future Benefit Payments
The following table present estimated future benefit payments (amounts in thousands):

  
Pension Benefits
  
Other
Benefits
 
       
2016
 
$
316
  
$
138
 
2017
  
40
   
126
 
2018
  
82
   
120
 
2019
  
220
   
115
 
2020
  
34
   
109
 
Thereafter
  
509
   
415
 
  
$
1,201
  
$
1,023