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Benefit Plans (Tables)
3 Months Ended
Mar. 31, 2017
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):  
 
Three Months Ended March 31, 2017
 
Year Ended December 31, 2016
Change in Projected Benefit Obligation
 
 
 
Projected benefit obligation, beginning of period
$
28,624

 
$
25,935

Service cost
250

 
995

Interest cost
307

 
1,155

Actuarial loss

 
1,031

Benefits paid
(131
)
 
(492
)
Projected benefit obligation, end of period
$
29,050

 
$
28,624

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

 
$

Company contributions
131

 
492

Benefits paid
(131
)
 
(492
)
Plan assets at fair value, end of period
$

 
$

Unfunded Status of the Plan
$
(29,050
)
 
$
(28,624
)
Components of Net Periodic Benefit Cost
 
Three Months Ended
 
 
March 31, 2017
 
March 31, 2016
 
Components of Net Periodic Benefit Cost
 
 
 
 
Service cost
$
250

 
$
249

 
Interest cost
307

 
289

 
Net loss
73

 
53

 
Net periodic pension cost
$
630

 
$
591