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Employee Benefit Plans (Tables) | 12 Months Ended
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Dec. 31, 2015
Compensation and Retirement Disclosure [Abstract] |
Schedule of reconciliation of the projected benefit obligation, plan assets and funded status of the pension plan | The following table provides a reconciliation of the projected benefit obligation, plan assets and funded status of the pension plan at December 31:
| 2015 |  | 2014
Accumulated Benefit Obligation | $ | 78,437 |  |  | $ | 91,107 |
Change in benefit obligation |  |  |  |  |
Projected benefit obligation at beginning of year | $ | 91,107 |  |  | $ | 75,946 |
Service cost | 240 |  |  | 271 |
Interest cost | 3,394 |  |  | 3,465 |
Actuarial (gain) loss | (11,806 | ) |  | 16,546 |
Benefits paid | (1,620 | ) |  | (1,414 | )
Settlement | (2,878 | ) |  | (3,707 | )
Projected benefit obligation at end of year | $ | 78,437 |  |  | $ | 91,107 |
Change in plan assets |  |  |  |  |
Fair value of plan assets at beginning of year | $ | 73,431 |  |  | $ | 76,442 |
Actual gain on plan assets | (1,765 | ) |  | 2,110 |
Benefits paid | (1,620 | ) |  | (1,414 | )
Settlement | (2,878 | ) |  | (3,707 | )
Fair value of plan assets at end of year | $ | 67,168 |  |  | $ | 73,431 |
Funded status | $ | (11,269 | ) |  | $ | (17,676 | )
Schedule of amounts recognized in the consolidated balance sheets | Amounts recognized in the consolidated balance sheets consist of the following at December 31,:
| 2015 |  | 2014
Other long-term liabilities | $ | (11,269 | ) |  | $ | (17,676 | )
Accumulated other comprehensive loss | (41,205 | ) |  | (48,782 | )
Schedule of actuarial assumptions used | The following actuarial assumptions were used to determine our net periodic pension benefit cost for the years ended December 31,:
| 2015 |  | 2014 |  | 2013
Discount rate | 3.81 | % |  | 4.75 | % |  | 3.90 | %
Expected return on plan assets | 8.00 | % |  | 8.00 | % |  | 8.00 | %
The following actuarial assumptions were used to determine our accumulated and projected benefit obligations as of December 31,:
| 2015 |  | 2014
Discount rate | 4.54 | % |  | 3.81 | %
Expected return on plan assets | 8.00 | % |  | 8.00 | %
Schedule of plan assets and benefit obligations recognized in other comprehensive income | Other changes in plan assets and benefit obligations recognized in other comprehensive income in 2015 are as follows:
Current year actuarial gain | $ | 4,344 |
Amortization of actuarial loss | 3,233 |
Total recognized in other comprehensive loss | $ | 7,577 |
Schedule of net benefit cost | Net periodic pension cost for the years ended December 31, consists of the following:
| 2015 |  | 2014 |  | 2013
Service cost | $ | 240 |  |  | $ | 271 |  |  | $ | 253 |
Interest cost on projected benefit obligation | 3,394 |  |  | 3,465 |  |  | 3,315 |
Expected return on plan assets | (5,697 | ) |  | (2,297 | ) |  | (5,491 | )
Amortization of loss | 3,233 |  |  | (2,048 | ) |  | 3,059 |
Settlement expense | — |  |  | — |  |  | 1,443 |
Net periodic pension (income) cost | $ | 1,170 |  |  | $ | (609 | ) |  | $ | 2,579 |
Schedule of allocation of plan assets | The following table sets forth by level, within the fair value hierarchy, the pension plan's assets at fair value as of December 31, 2015 and December 31, 2014:
December 31, 2015 | Level 1 |  | Level 2 |  | Total
Common Stock | $ | 34,466 |  |  | $ | — |  |  | $ | 34,466 |
Money Market Fund | — |  |  | 1,302 |  |  | 1,302 |
Mutual Funds | 23,576 |  |  | — |  |  | 23,576 |
Fixed Income Securities | 7,824 |  |  | — |  |  | 7,824 |
| $ | 65,866 |  |  | $ | 1,302 |  |  | $ | 67,168 |
December 31, 2014 | Level 1 |  | Level 2 |  | Total
Common Stock | $ | 35,337 |  |  | $ | — |  |  | $ | 35,337 |
Money Market Fund | — |  |  | 3,320 |  |  | 3,320 |
Mutual Funds | 26,671 |  |  | — |  |  | 26,671 |
Fixed Income Securities | 8,103 |  |  | — |  |  | 8,103 |
| $ | 70,111 |  |  | $ | 3,320 |  |  | $ | 73,431 |
The following table sets forth the fair value of pension plan assets as of December 31:
| 2015 |  | 2014
Common Stock | $ | 34,466 |  |  | $ | 35,337 |
Money Market Fund | 1,302 |  |  | 3,320 |
Mutual Funds | 23,576 |  |  | 26,671 |
Fixed Income Securities | 7,824 |  |  | 8,103 |
Total Assets at Fair Value | $ | 67,168 |  |  | $ | 73,431 |
The allocation of pension plan assets by category is as follows at December 31,:
| Percentage of Pension Plan Assets |  | Target Allocation
| 2015 |  | 2014 |  | 2016
Equity securities | 86 | % |  | 84 | % |  | 75 | %
Debt securities | 14 |  |  | 16 |  |  | 25 |
Total | 100 | % |  | 100 | % |  | 100 | %
Schedule of expected benefit payments | The following table summarizes the benefits expected to be paid by our pension plan in each of the next five years and in aggregate for the following five years. The expected benefit payments are estimated based on the same assumptions used to measure the Company’s projected benefit obligation at December 31, 2015 and reflect the impact of expected future employee service.
2016 |  | $4,164 |
2017 | 4,210 |
2018 | 4,304 |
2019 | 4,741 |
2020 | 4,982 |
2021-2025 | 24,828 |

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- Definition Tabular disclosure of benefits expected to be paid by pension plans and/or other employee benefit plans in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=58740216&loc=d3e1928-114920 + Details
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- Definition Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (h) -URI http://asc.fasb.org/extlink&oid=58740216&loc=d3e1928-114920 + Details
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