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TRADING SECURITY
6 Months Ended
Jun. 30, 2019
Investments, Debt and Equity Securities [Abstract]  
TRADING SECURITY TRADING SECURITY

The Company holds a tax-advantaged economic development bond accounted for at fair value. The security had an amortized cost of $9.7 million and $10.1 million, and a fair value of $11.2 million and $11.2 million, at June 30, 2019 and December 31, 2018, respectively. As discussed further in Note 10 - Derivative Financial Instruments and Hedging Activities, the Company entered into a swap contract to swap-out the fixed rate of the security in exchange for a variable rate. The Company does not purchase securities with the intent of selling them in the near term, and there were no other securities in the trading portfolio at June 30, 2019.