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POST-RETIREMENT OBLIGATIONS (Details) (Postretirement Benefits [Member], USD $)
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6 Months Ended | |
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Jun. 30, 2014
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Dec. 31, 2007
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Postretirement Benefits [Member]
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| Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items] | ||
| Monthly post retirement benefit | $ 6,000 | |
| Monthly post retirement benefit payable after death to spouse | 4,000 | |
| Additional benefits accrued | 382,000 | |
| Outstanding liability | 900,000 | |
| Retirement bonus outstanding | 31,500 | |
| Number of years service | 42 years | |
| Retirement bonus per service year | $ 750 |
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- Definition
The monthly post retirement benefit payable to a former employee until death. No definition available.
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- Definition
The monthly post retirement benefit payable to a former employee's surviving spouse for the remainder of her life, after his death. No definition available.
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- Definition
The number of years the employee served the company. No definition available.
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- Definition
Outstanding liability related to health insurance benefit based upon an annuity single premium value contract plus accrued interest. No definition available.
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- Definition
The carrying amount of retirement bonus outstanding as of the balance sheet date. No definition available.
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- Definition
The retirement bonus granted to former employees per each year of service worked. No definition available.
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- Details
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- Definition
The carrying amount of the liability as of the balance sheet date to an individual under a deferred compensation arrangement. This amount may be the result of periodic accruals made over the period of active employment, or reflect termination benefits resulting contractual terms or a death benefit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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