Benefit Plans (Tables)

12 Months Ended

Dec. 31, 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. The table illustrates the reconciliation of the beginning and ending balances of the benefit obligation showing the effects during the periods presented attributable to service cost, interest cost, plan amendments, termination benefits, actuarial gains and losses. The assumptions used in the Company’s calculation of accrued pension costs are based on market information and the Company’s historical rates for employment compensation and discount rates.

	Year Ended December 31, 2016			Year Ended December 2015
Accumulated Benefit Obligation, End of Year	$	22,515		$	20,323
Change in Projected Benefit Obligation
Projected Benefit Obligation, Beginning of Year	$	25,935		$	25,826
Service Cost	995			1,173
Interest Cost	1,155			1,082
Actuarial (Gain) Loss	1,031			(1,818		)
Benefits Paid	(492		)	(328		)
Projected Benefit Obligation, End of Year	$	28,624		$	25,935
Change in Plan Assets
Plan Assets at Fair Value, Beginning of Year	$	—		$	—
Company Contributions	492			328
Benefits Paid	(492		)	(328		)
Plan Assets at Fair Value, End of Year	$	—		$	—
Unfunded Status of the Plan	$	(28,624	)	$	(25,935	)
Amounts Recognized in Accumulated Other Comprehensive Income
Net Loss	5,561			4,743
Total Pension Cost	$	5,561		$	4,743

Components of Net Periodic Benefit Cost

	2016			2015
Components of Net Periodic Benefit Cost
Service Cost	$	995		$	1,173
Interest Cost	1,155			1,082
Amortization of:
Net Loss	213			427
Net Periodic Pension Cost	$	2,363		$	2,682
Weighted Average Assumptions for Expense
Discount Rate	4.50		%	4.75		%
Expected Return on Plan Assets	N/A			N/A
Rate of Compensation Increase	4.40		%	4.40		%

Benefit payments representing the company's obligations to employees

The benefit payments reflected in the table below represent the Company’s obligations to employees that are eligible for retirement or have already retired and are receiving deferred compensation benefits:

Fiscal Year	Pension Benefits
	(In thousands)
2017	$	8,349
2018	687
2019	815
2020	830
2021	822
Thereafter	17,121
	$	28,624