Non-Qualified Deferred Compensation Plan

9 Months Ended

Sep. 30, 2020

Compensation And Retirement Disclosure [Abstract]

Non-Qualified Deferred Compensation Plan

11. Non-Qualified Deferred Compensation Plan (“NQDCP”)

The Company maintains a NQDCP which allows select employees and directors to defer part or all of their cash bonus, director fees, and vested restricted stock awards. All contributions into the participants' accounts are fully vested upon contribution to the NQDCP and are deposited in a Rabbi trust.

The following table reflects the balances of the assets and deferred compensation liabilities of the Rabbi trust and related participant account obligations in the accompanying Consolidated Balance Sheets, excluding Regency stock:

(in thousands)	September 30, 2020		December 31, 2019		Location in Consolidated Balance Sheets
Assets:
Securities	$	37,656		36,849	Other assets
Liabilities:
Deferred compensation obligation	$	37,653		36,755	Accounts payable and other liabilities