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Employee Retirement Plan (Tables)
6 Months Ended
Jun. 30, 2015
Employee Retirement Plan  
Schedule of funded status of the Corson Plan accrued pension benefit obligation

 

 

 

December 31,

 

June 30, 2015

 

 

 

2014

 

Pre-Settlement

 

Settlement

 

Post-Settlement

 

Projected benefit obligation

 

$

2,137

 

$

2,039

 

$

(2,039

)

$

 

Fair value of plan assets

 

1,862

 

2,039

 

(2,039

)

 

 

 

 

 

 

 

 

 

 

 

Underfunded status

 

$

(275

)

$

 

$

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of net liability recognized for the Corson Plan on the Company's Consolidated Balance Sheets

 

 

 

December 31,
2014

 

June 30,
2015

 

 

 

 

 

 

 

Accrued benefit cost

 

$

275 

 

 

 

Schedule of components of the Corson Plan net periodic benefit cost

 

The following table provides the components of the Corson Plan net periodic benefit cost for the period ended June 30, 2015:

 

Net periodic benefit cost

 

$

91 

 

Settlement charge

 

814 

 

 

 

 

 

Total net periodic benefit cost

 

$

905