BENEFIT PLANS

The following table summarizes key information related to the Company’s pension plans and retirement agreements (in thousands):



	Three Months Ended March 31, 2014			Year Ended December 2013
Change in Projected Benefit Obligation
Projected benefit obligation, beginning of period	$	20,032		$	19,761
Service cost	204			925
Interest cost	234			829
Actuarial gain	—			(1,229		)
Benefits paid	(78		)	(254		)
Projected benefit obligation, end of period	$	20,392		$	20,032
Change in Plan Assets
Plan assets at fair value, beginning of period	$	—		$	—
Company contributions	78			254
Benefits paid	(78		)	(254		)
Plan assets at fair value, end of period	$	—		$	—
Unfunded Status of the Plan	$	(20,392	)	$	(20,032	)



	Three Months Ended
	March 31, 2014		March 31, 2013
Components of Net Periodic Benefit Cost
Service cost	$	204	$	231
Interest cost	234		207
Net loss	—		66
Net periodic pension cost	$	438	$	504

The long-term portion of the pension liability as of March 31, 2014 and December 31, 2013 was $19.6 million and $19.9 million, respectively, and is included in Other Non-Current Liabilities in the accompanying consolidated balance sheets.