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LONG-TERM DEBT AND LEASE OBLIGATIONS
 12 Months Ended
Dec. 31, 2013
LONG-TERM DEBT AND LEASE OBLIGATIONS [Abstract]  
LONG-TERM DEBT AND LEASE OBLIGATIONS
NOTE 8, LONG-TERM DEBT AND LEASE OBLIGATIONS:

Long-term debt and lease obligations are summarized as follows:

(In thousands)
 
2013
  
2012
 
Revolving credit notes (a)
 
$
—
  
$
—
 
Lease obligations (b)
  
17,155
   
19,354
 
 
  
17,155
   
19,354
 
Less portion classified as current
  
(959
)
  
(881
)
 
 
$
16,196
  
$
18,473
 
 
(a)
We have a revolving credit agreement as described in Note 5.
(b)
These obligations are related to retail stores under lease with aggregate net book values of approximately $13,701,000 and $17,607,000 at December 31, 2013 and 2012, respectively.  The obligation and book values were reduced by $2,600,000 in 2013 as one property was completed and accounting for its lease finalized.

The approximate aggregate maturities of lease obligations during the five years subsequent to December 31, 2013 and thereafter are as follows:  2014 - $959,000; 2015 - $1,168,000; 2016 - $1,320,000, 2017 - $1,431,000; 2018 - $1,559,000 and $10,718,000 thereafter.  These maturities are net of imputed interest of approximately $6,847,000 at December 31, 2013.

Cash payments for interest were approximately $1,185,000, $834,000 and $790,000 in 2013, 2012 and 2011, respectively.