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Benefit Plans (Tables)
9 Months Ended
Sep. 30, 2016
Compensation and Retirement Disclosure [Abstract]  
Components of Company Plan Benefit Expense
The following table summarizes key information related to the Company’s pension plans and retirement agreements (in thousands):  
 
 Nine Months Ended September 30, 2016
 
Year Ended December 2015
Change in Projected Benefit Obligation
 
 
 
Projected benefit obligation, beginning of period
$
25,935

 
$
25,826

Service cost
746

 
1,173

Interest cost
866

 
1,082

Actuarial gain

 
(1,818
)
Benefits paid
(339
)
 
(328
)
Projected benefit obligation, end of period
$
27,208

 
$
25,935

Change in Plan Assets
 
 
 
Plan assets at fair value, beginning of period
$

 
$

Company contributions
339

 
328

Benefits paid
(339
)
 
(328
)
Plan assets at fair value, end of period
$

 
$

Unfunded Status of the Plan
$
(27,208
)
 
$
(25,935
)
Components of Net Periodic Benefit Cost
 
Three Months Ended
 
Nine Months Ended
 
September 30, 2016
 
September 30, 2015
 
September 30, 2016
 
September 30, 2015
Components of Net Periodic Benefit Cost
 
 
 
 
 
 
 
Service cost
$
249

 
$
293

 
$
746

 
$
860

Interest cost
289

 
271

 
866

 
812

Net loss
53

 
107

 
160

 
320

Net periodic pension cost
$
591

 
$
671

 
$
1,772

 
$
1,992