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Compensation Plan for Outside Directors (Tables)

12 Months Ended

Dec. 31, 2014

Compensation Related Costs [Abstract]

Summary of Total Accrued Compensation Cost Related to Outside Directors

The following table summarizes the total accrued compensation cost related to outside Directors, included in operating expenses in the accompanying consolidated statement of income, for the years ended December 31, 2014, 2013 and 2012:

		Year ended December 31,
		2014				2013				2012
Chairman Fee		$	61,357			$	55,858			$	57,680
Adjustable Award			544,756				575,242				282,703
Non-adjustable Award			358,630				322,538				242,179
		$	964,743			$	953,638			$	582,562

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Schedule of accrued compensation.

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