Pension and Profit Sharing (Tables)

12 Months Ended

Dec. 31, 2018

Retirement Benefits [Abstract]

Plan Asset Allocation

Asset Category:	2018			2017
Equity Securities		65	%		67	%
Fixed Income Securities		33	%		32	%
Other Securities / Investments		2	%		1	%
Total:		100	%		100	%

Pension Plan Assets by Level

2018	Level 1		Level 2		Level 3		Total
Money Market Fund	$	4	$	17,320	$	—	$	17,324
Equity Common and Collected Funds		99,616		564,341		—		663,957
Fixed Income Common and Collected Funds		83,211		249,309		—		332,520
Total:	$	182,831	$	830,970	$	—	$	1,013,801

2017	Level 1		Level 2		Level 3		Total
Money Market Fund	$	—	$	10,774	$	—	$	10,774
Equity Common and Collected Funds		125,451		711,143		—		836,594
Fixed Income Common and Collected Funds		100,430		302,001		—		402,431
Total:	$	225,881	$	1,023,918	$	—	$	1,249,799

Changes in Benefit Obligation

	2018			2017
Assumptions used to determine benefit obligation:
Discount rate		3.87	%		3.14	%
Changes in benefit obligation:
Benefit obligation at beginning of year	$	(1,362,867	)	$	(1,499,798	)
Interest cost		(39,851	)		(48,161	)
Service cost		(33,000	)		(36,000	)
Actuarial gain (loss)		71,338			(20,289	)
Benefits and plan expenses paid		203,450			241,381
Benefit obligation at end of year:	$	(1,160,930	)	$	(1,362,867	)

Changes in plan assets:
Fair value of plan assets at beginning of year	$	1,249,825		$	1,294,727
Actual return on plan assets		(57,651	)		196,479
Employer contribution		25,107			—
Benefits and plan expenses paid		(203,450	)		(241,381	)
Fair value of plan assets at end of year		1,013,831			1,249,825
Funded status:	$	(147,099	)	$	(113,042	)

Amounts recognized in Accumulated Other Comprehensive Income:
Net actuarial loss	$	880,370	$	913,870
Prior service cost		1,082		1,625
Total:	$	881,452	$	915,495

Components of Net Benefit Expense

	2018			2017
Assumptions used to determine net periodic benefit cost:
Discount rate		3.14	%		3.40	%
Expected return on plan assets		6.00	%		6.00	%
Components of net benefit expense:
Interest cost	$	39,851		$	48,161
Service cost		33,000			36,000
Expected return on plan assets		(67,547	)		(69,465	)
Amortization of prior service costs		543			543
Amortization of actuarial loss		87,360			108,052
Net periodic benefit cost:	$	93,207		$	123,291

Amounts Recognized in Other Comprehensive Income

	2018			2017
Balance at beginning of the year	$	915,495		$	1,130,815
Change in net loss		53,860			(106,725	)
Amortization of actuarial loss		(87,360	)		(108,052	)
Amortization of prior service cost		(543	)		(543	)
Change recognized in other comprehensive income		(34,043	)		(215,320	)
Total recognized in other comprehensive income	$	881,452		$	915,495

Benefits Expected to be Paid

2019	$                      168,000
2020	152,000
2021	136,000
2022	122,000
2023	108,000
Years 2024 - 2028	387,000