Quarterly report pursuant to sections 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v2.4.0.8
FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 30, 2013
FAIR VALUE MEASUREMENTS [Abstract]  
Fair Value of Assets and Liabilities Measured on a Recurring Basis
The following items are measured at fair value on a recurring basis subject to disclosure requirements of ASC Topic 820 at June 30, 2013, and December 31, 2012:

Assets and Liabilities Measured at Fair Value on a Recurring Basis

 
 
 
 
 
Fair Value Measurements Using
 
 
 
June 30, 2013
 
 
Level 1
 
 
Level 2
 
 
Level 3
 
 
 
(thousands of dollars)
 
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate swap
 
$
696
 
 
 
-
 
 
$
696
 
 
 
-
 

 
 
 
 
 
Fair Value Measurements Using
 
 
 
December 31, 2012
 
 
Level 1
 
 
Level 2
 
 
Level 3
 
 
 
(thousands of dollars)
 
Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
Interest Rate Swap
 
$
893
 
 
 
-
 
 
$
893
 
 
 
-