Pension Benefits (Tables)

6 Months Ended

Jun. 30, 2013

Compensation And Retirement Disclosure [Abstract]

Components of Net Periodic Employee Benefit Cost

The following sets forth the components of net periodic benefit cost of the Company’s defined benefit pension plans for the six months ended June 30, 2013 and 2012:

	Six months ended June 30,
	Pension Benefits
	U.S. Plan						Canadian Plan
	2013			2012			2013			2012
Service Cost	$	—		$	10,500		$	—		$	—
Interest Cost		116,343			85,000			26,189			37,840
Expected return on plan assets		(125,410	)		(80,500	)		(35,219	)		(41,525	)
Net actuarial loss		—			—			18,764			6,871
Amortizations		79,218			47,000			—			—
Net periodic benefit cost	$	70,151		$	62,000		$	9,734		$	3,186
	Three months ended June 30,
	Pension Benefits
	U.S. Plan						Canadian Plan
	2013			2012			2013			2012
Service Cost	$	—		$	5,250		$	—		$	—
Interest Cost		53,237			42,500			12,588			18,884
Expected return on plan assets		(57,386	)		(40,250	)		(16,929	)		(20,723	)
Net actuarial loss		—			—			9,019			3,429
Amortizations		36,249			23,500			—			—
Net periodic benefit cost	$	32,100		$	31,000		$	4,678		$	1,590

Fair Value Hierarchy of Plan Assets

The fair value hierarchy of the plan assets are as follows:

		June 30, 2013
		US Plan		Canadian Plan
Cash and cash equivalents	Level 1		94,009		11,440
Mutual funds	Level 1		270,462		1,284,878
Corporate/Government Bonds	Level 1		745,822		—
Equities	Level 1		1,047,373
Total			2,157,666		1,296,318