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Pension Benefits (Tables)
9 Months Ended
Sep. 30, 2016
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]  
Components of the net periodic benefit cost for both the Qualified and the Nonqualified Pension Plan
The following table presents the components of the net periodic benefit cost for the Pension Plans:
 
For the Three Months Ended September 30,
 
For the Nine Months Ended September 30,
 
2016
 
2015
 
2016
 
2015
 
(in thousands)
Service cost
$
2,050

 
$
1,989

 
$
6,150

 
$
5,963

Interest cost
727

 
624

 
2,181

 
1,872

Expected return on plan assets that reduces periodic pension cost
(559
)
 
(546
)
 
(1,677
)
 
(1,637
)
Amortization of prior service cost
4

 
4

 
13

 
13

Amortization of net actuarial loss
396

 
371

 
1,187

 
1,114

Net periodic benefit cost
$
2,618

 
$
2,442

 
$
7,854

 
$
7,325