FAIR VALUE (Tables)

9 Months Ended

Sep. 30, 2014

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation

During the three months ended September 30, 2014 and 2013, the changes in the fair value of the liability measured using significant unobservable inputs (Level 3) was comprised of the following:



	Dollars in Thousands
	For the Three Months Ended
	September 30, 2014		September 30, 2013
Beginning balance at July 1	$	350	$	300
Total gains or losses:
Recognized in earnings	50		—
Balance at September 30	$	400	$	300

During the nine months ended September 30, 2014 and 2013, the changes in the fair value of the liability measured using significant unobservable inputs (Level 3) was comprised of the following:



	Dollars in Thousands
	For the Nine Months Ended
	September 30, 2014			September 30, 2013
Beginning balance at January 1	$	600		$	900
Total gains or losses:
Recognized in earnings	(200		)	(600		)
Balance at September 30	$	400		$	300

- Definition

Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability.

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