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Components of Net Periodic Pension Cost (Tables)
3 Months Ended
Mar. 31, 2016
Compensation and Retirement Disclosure [Abstract]  
Schedule of Net Benefit Costs [Table Text Block]

The following table sets forth the net periodic pension cost of the Company’s pension plan for the periods indicated.

 

    Three Months Ended
    March 31,
    2016   2015
Interest cost   $      128   $      138
Expected return on plan assets     (136)     (137)
Net amortization     102     108
Recognized settlement loss     -     450
       Total periodic pension expense   $ 94   $ 559
 
Net actuarial gain   $ (101)   $ (742)
 
Total recognized in other comprehensive income   $ (101)   $ (742)
 
Total recognized in net periodic expense and other            
comprehensive income (before tax)   $ (7)   $ (183)