ThreadLocal Resource Leak and WeakReference

My limited understanding of ThreadLocal is that it has resource leak issues. I gather this problem can be remedied through proper use of WeakReferences with ThreadLocal (although I may have misunderstood this point.) I would simply like a pattern or example for correctly using ThreadLocal with WeakReference, if one exists. For instance, in this code snippet where would the WeakReference be introduced?

static class DateTimeFormatter {
    private static final ThreadLocal<SimpleDateFormat> DATE_PARSER_THREAD_LOCAL = new ThreadLocal<SimpleDateFormat>() {
        protected SimpleDateFormat initialValue() {
            return new SimpleDateFormat("yyyy/MM/dd HH:mmz");
        }
    };
    public String format(final Date date) {
        return DATE_PARSER_THREAD_LOCAL.get().format(date);
    }
    public Date parse(final String date) throws ParseException
    {
      return DATE_PARSER_THREAD_LOCAL.get().parse(date);
    }
}