Executive Compensation Plan	12 Months Ended
Dec. 31, 2013
Executive Compensation Plan	9. Executive Compensation Plan Under the Company’s deferred executive compensation plan, the Company accrues a liability for the value of the awards ratably over the vesting period. The grant date values of awards made in 2012 and 2011 were $1.1 million and $1.6 million, respectively. There were no awards in 2013. The net expense for this plan was $963,000, $2.8 million and $1.7 million in 2013, 2012 and 2011, respectively. The estimated future expense for unvested awards based on the value at December 31, 2013 is $74,000 for 2014.

Executive Compensation Plan

12 Months Ended

Dec. 31, 2013

9. Executive Compensation Plan

Under the Company’s deferred executive compensation plan, the Company accrues a liability for the value of the awards ratably over the vesting period. The grant date values of awards made in 2012 and 2011 were $1.1 million and $1.6 million, respectively. There were no awards in 2013. The net expense for this plan was $963,000, $2.8 million and $1.7 million in 2013, 2012 and 2011, respectively. The estimated future expense for unvested awards based on the value at December 31, 2013 is $74,000 for 2014.

- Definition

The entire disclosure for compensation costs, including compensated absences accruals, compensated absences liability, deferred compensation arrangements and income statement compensation items. Deferred compensation arrangements may include a description of an arrangement with an individual employee, which is generally an employment contract between the entity and a selected officer or key employee containing a promise by the employer to pay certain amounts at designated future dates, usually including a period after retirement, upon compliance with stipulated requirements. This type of arrangement is distinguished from broader based employee benefit plans as it is usually tailored to the employee. Disclosure also typically includes the amount of related compensation expense recognized during the reporting period, the number of shares (units) issued during the period under such arrangements, and the carrying amount as of the balance sheet date of the related liability.

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