Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2013

Change in Benefit Obligation

	Pension Benefits						Postretirement Benefits
	2013			2012			2013			2012
Change in benefit obligation
Benefit obligation, beginning of year	$	2,854,443		$	3,948,661		$	759,503		$	676,618
Service cost		—			254,285			22,950			26,002
Interest cost		143,259			178,298			29,906			29,957
Actuarial (gain) loss		225,315			319,817			(190,153	)		42,235
Benefit payments		(478,454	)		(2,017,995	)		(15,061	)		(15,309	)
Settlement (gain) loss		(7,278	)		171,377			—			—
Benefit obligation, end of year	$	2,737,285		$	2,854,443		$	607,145		$	759,503

Change in Plan Assets

Change in plan assets
Fair value of plan assets, beginning of year	$	2,844,808		$	4,385,574		$	—		$	—
Actual return on plan assets		453,556			477,229			—			—
Employer contributions		—			—			15,061			15,309
Benefits payments		(478,454	)		(2,017,995	)		(15,061	)		(15,309	)
Fair value of plan assets, end of year	$	2,819,910		$	2,844,808		$	—		$	—

Defined Benefit Plan Funded Status

Funded Status at the End of the Year $ 82,625 $ (9,635 )  $ (607,145 )  $ (759,503 ) 

Amounts Recognized in Accumulated Other Comprehensive Loss (Income)

Amounts Recognized in Accumulated Other Comprehensive Loss (Income)
Net loss (gain)	$	625,226	$	849,356	$	(47,038	)	$	147,611
Prior service cost		—		—		—			—
Net obligation at transition		—		—		—			2,913
Amount recognized	$	625,226	$	849,356	$	(47,038	)	$	150,524

Components of Net Periodic Benefit Cost (Gain)

Components of Net Periodic Benefit Cost (Gain)
Service cost	$	—		$	254,285		$	22,950	$	26,002
Interest cost		143,259			178,298			29,906		29,957
Expected (return) on plan assets		(214,661	)		(321,864	)		—		—
Amortization of prior service cost		—			(755,465	)		—		—
Amortization of net obligation at transition		—			—			2,913		2,913
Recognized net loss due to settlement		113,527			534,220			—		—
Recognized net actuarial loss		89,745			71,440			4,496		2,942
Net periodic benefit cost (gain)	$	131,870		$	(39,086	)	$	60,265	$	61,814

Other Changes in Plan Assets and Benefit Obligations Recognized in Accumulated Other Comprehensive (Income) Loss

Other Changes in Plan Assets and Benefit Obligations Recognized in Accumulated Other Comprehensive (Income) Loss
Net (gain) loss	$	(224,130	)	$	(269,831	)	$	(194,649	)	$	39,293
Amortization of prior service cost		—			755,465			—			—
Amortization of net obligation at transition		—			—			(2,913	)		(2,913	)
Total recognized in other comprehensive (income)/loss	$	(224,130	)	$	485,634		$	(197,562	)	$	36,380
Total Recognized in Net Periodic Benefit Cost and Other Comprehensive (Income)/loss	$	(92,260	)	$	446,548		$	(137,297	)	$	98,194

Weighted-average Assumptions

	2013			2012			2013			2012
Weighted-average assumptions as of December 31:
Discount rate used for Net Periodic Pension Cost		4.00	%		4.50	%		4.00	%		4.50	%
Discount Rate used for Disclosure		5.00	%		4.00	%		5.00	%		4.00	%
Expected return on plan assets		8.00	%		8.00	%		N/A			N/A
Rate of compensation increase		N/A			3.00	%		N/A			N/A
Rate of compensation increase for net periodic pension cost		N/A			3.00	%		N/A			N/A
Expected future interest crediting rate		3.00	%		3.00	%		N/A			N/A

Estimated Future Benefit Payments for Pension and Postretirement Plans

Estimated future benefit payments for the pension and postretirement plans are as follows:

	Pension		Postretirement
2014	$	42,037	$	20,136
2015		292,372		22,044
2016		51,523		23,291
2017		209,097		25,343
2018		41,286		27,135
2019 and thereafter		1,631,170		172,514

Fair Value of Pension Plan Assets by Asset Category

The fair value of the Company’s pension plan assets by asset category are as follows:

			Fair Value Measurements at December 31, 2013 Using
Description	Balance		Level 1		Level 2		Level 3
Defined benefit plan assets:
Cash and cash equivalents	$	2,582	$	2,582	$	—	$	—
Mutual funds - fixed income		1,070,272		1,070,272		—		—
Mutual funds - equity		1,747,056		1,747,056		—		—
Total defined benefit plan assets	$	2,819,910	$	2,819,910	$	—	$	—

				Fair Value Measurements at December 31, 2012 Using
Description	Balance			Level 1			Level 2		Level 3
Defined benefit plan assets:
Cash and cash equivalents	$	(5,539	)	$	(5,539	)	$	—	$	—
Mutual funds - fixed income		1,091,176			1,091,176			—		—
Mutual funds - equity		1,759,171			1,759,171			—		—
Total defined benefit plan assets	$	2,844,808		$	2,844,808		$	—	$	—