XML 102 R85.htm IDEA: XBRL DOCUMENT v3.7.0.1
14. EMPLOYEE BENEFITS (Details 1) - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Amount recognized in the Consolidated Balance Sheet      
Prepaid benefit cost $ 4,360,788 $ 4,799,051 $ 4,434,917
Unfunded pension benefit obligation under ASC 325-960 (4,804,083) (4,065,491) (3,528,487)
Deferred taxes 1,633,388 1,382,267 1,199,686
Amount recognized in accumulated other comprehensive income (loss)      
Net loss (4,861,211) (4,137,855) (3,616,087)
Prior service cost 57,128 72,364 87,600
Amount recognized (4,804,083) (4,065,491) (3,528,487)
Deferred Taxes 1,633,388 1,382,267 1,199,686
Amount recognized in accumulated comprehensive income (3,170,695) (2,683,224) (2,328,801)
Prepaid benefit detail      
Benefit obligation (12,475,045) (10,944,658) (10,777,415)
Fair value of assets 12,031,750 11,678,218 11,683,845
Unrecognized net actuarial loss 4,861,211 4,137,855 3,616,087
Unrecognized prior service cost (57,128) (72,364) (87,600)
Prepaid (accrued) benefits 4,360,788 4,799,051 4,434,917
Components of net periodic benefit cost Comprehensive income (loss)      
Service cost 631,874 648,334 501,032
Interest cost 452,896 410,944 377,706
Expected return on plan assets (854,414) (838,818) (698,252)
Amortization of prior service cost (15,236) (15,236) (15,236)
Recognized net acutuarial (gain)loss 223,143 180,642 36,110
Net periodic benefit cost 438,263 385,866 201,360
Other changes in plan assets and benefit obligations recognized in other comprehensive income (loss)      
Net (gain) loss 723,356 521,768 2,130,632
Amortization of prior service cost 15,236 15,236 15,236
Total recognized in other comprehensive income 738,592 537,004 2,145,868
Total recognized in net periodic benefit cost and other 1,176,855 922,870 2,347,228
Additional disclosure information      
Accumulated benefit obligation 8,788,626 7,601,249 7,543,340
Vested benefit obligation $ 8,780,087 $ 7,539,365 $ 7,408,014
Discount rate used for net pension cost 4.25% 4.00% 5.00%
Discount rate used for disclosure 4.00% 4.25% 4.00%
Expected return on plan assets 7.50% 7.50% 7.50%
Rate of compensation increase 3.00% 3.00% 3.00%
Average remaining service -years) 13 years 13 years 14 years