CLOSURE AND POST-CLOSURE LIABILITIES

6 Months Ended

Jun. 30, 2014

Asset Retirement Obligation Disclosure [Abstract]

CLOSURE AND POST-CLOSURE LIABILITIES

CLOSURE AND POST-CLOSURE LIABILITIES

The changes to closure and post-closure liabilities (also referred to as “asset retirement obligations”) for the six months ended June 30, 2014 were as follows (in thousands):

	Landfill Retirement Liability			Non-Landfill Retirement Liability			Total
Balance at January 1, 2014	$	27,604		$	19,481		$	47,085
New asset retirement obligations	1,914			—			1,914
Accretion	1,278			921			2,199
Changes in estimates recorded to statement of income	(142		)	238			96
Changes in estimates recorded to balance sheet	363			—			363
Expenditures	(1,322		)	(444		)	(1,766		)
Currency translation and other	1			(10		)	(9		)
Balance at June 30, 2014	$	29,696		$	20,186		$	49,882

All of the landfill facilities included in the above were active as of June 30, 2014. New asset retirement obligations incurred during the first six months of 2014 were discounted at the credit-adjusted risk-free rate of 6.54%. There were no significant charges (benefits) in 2014 resulting from changes in estimates for closure and post-closure liabilities.