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5. Employee Benefit Plan (Tables)
3 Months Ended
Mar. 31, 2016
EmployeeBenefitPlanTablesAbstract  
Schedule of Employee Benefit Plan

The following is a summary of net periodic pension costs for the three-month periods ended March 31, 2016 and 2015.

 

    Three Months Ended  
   

March 31,

2016

   

March 31,

2015

 
             
Service cost   $ 157,968     $ 162,083  
Interest cost     113,224       102,736  
Expected return on plan assets     (213,604 )     (209,704 )
Amortization of net obligation at transition     -       -  
Amortization of prior service cost     (3,809 )     (3,809 )
Amortization of net loss     55,786       45,160  
Net periodic pension cost   $ 109,565     $ 96,466