Employee Retirement Plan (Tables)

9 Months Ended

Sep. 30, 2015

Employee Retirement Plan

Schedule of funded status of the Corson Plan accrued pension benefit obligation

The following table sets forth the funded status of the Corson Plan as of December 31, 2014 and Pre-Settlement, Settlement and Post-Settlement as of June 30, 2015 (in thousands):

	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

The liability recognized for the Corson Plan on the Company’s Condensed Consolidated Balance Sheets at December 31, 2014 and September 30, 2015 are as follows (in thousands)

	December 31,  2014		September 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 September 30, 2015 (in thousands):

Net periodic benefit cost	$	91
Settlement charge	814
Total net periodic benefit cost	$	905