NPE when using Logger.getAnonymousLogger or LogManager.getLogManager().getLogger

FULL PRODUCT VERSION :
java version " 1.7.0_25 "
Java(TM) SE Runtime Environment (build 1.7.0_25-b15)
Java HotSpot(TM) 64-Bit Server VM (build 23.25-b01, mixed mode)


ADDITIONAL OS VERSION INFORMATION :
Occurs on multiple Platforms reproduced on OS X and Windows

A DESCRIPTION OF THE PROBLEM :
When using Logger.getAnonymousLogger or LogManager.getLogManager().getLogger in an applet a NPE occurs on the second load of the applet in the browser session.

If the browser is restarted the applet loads fine until the next reload.

REGRESSION: I could only choose 7 update 25 or 7 update 40 in the regression drop down. The issue only occurs since 7 update 25 but not in 7 update 21

REGRESSION. Last worked in version 7u25

STEPS TO FOLLOW TO REPRODUCE THE PROBLEM :
1. Create an applet from the code below.
2. Load it in a browser
3. Reload the page with the applet

EXPECTED VERSUS ACTUAL BEHAVIOR :
EXPECTED -
No NPE on reload
ACTUAL -
NPE on reload

ERROR MESSAGES/STACK TRACES THAT OCCUR :
java.lang.NullPointerException
at java.util.logging.Logger.doSetParent(Logger.java:1593)
at java.util.logging.Logger.getAnonymousLogger(Logger.java:534)
at java.util.logging.Logger.getAnonymousLogger(Logger.java:495)
at TestApplet.init(TestApplet.java:12)
at com.sun.deploy.uitoolkit.impl.awt.AWTAppletAdapter.init(Unknown Source)
at sun.plugin2.applet.Plugin2Manager$AppletExecutionRunnable.run(Unknown Source)
at java.lang.Thread.run(Thread.java:724)

AND

java.lang.NullPointerException
at java.util.logging.Logger.setParent(Logger.java:1558)
at TestApplet$EditorLogger.<init>(TestApplet.java:30)
at TestApplet.init(TestApplet.java:18)
at com.sun.deploy.uitoolkit.impl.awt.AWTAppletAdapter.init(Unknown Source)
at sun.plugin2.applet.Plugin2Manager$AppletExecutionRunnable.run(Unknown Source)
at java.lang.Thread.run(Thread.java:724)

REPRODUCIBILITY :
This bug can be reproduced always.

---------- BEGIN SOURCE ----------
import java.util.logging.LogManager;
import java.util.logging.Logger;

import javax.swing.JApplet;

public class TestApplet extends JApplet {
    
    private EditorLogger editorLogger;
    public void init() {
        
        try {
            Logger logger = Logger.getAnonymousLogger();
        } catch (Exception e) {
            e.printStackTrace();
        }
        
        try {
            this.editorLogger = new EditorLogger();
        } catch (Exception e) {
            e.printStackTrace();
        }
    }
    
    public class EditorLogger extends Logger {
        
        public EditorLogger() {
            super(null, null);
            System.out.println( " LogManager: " +LogManager.getLogManager());
            System.out.println( " getLogger: " +LogManager.getLogManager().getLogger( " " ));
            setParent(LogManager.getLogManager().getLogger( " " ));
        }
    }
}

---------- END SOURCE ----------