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Compensation Plans (Tables)
9 Months Ended
Sep. 30, 2013
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Roll-Forward of Outstanding Restricted Stock Grants Issued

The following table represents a roll-forward of outstanding restricted stock grants issued pursuant to the 2011 and 2005 Plans and related activity during the year ended December 31, 2012 and the nine months ended September 30, 2013:

 

     Shares     Weighted-Average
Grant Date Price
per Share
 

Outstanding restricted stock grants as of December 31, 2011

     260,621      $ 73.78   

Grants issued

     107,600        75.64   

Grants vested

     (46,056     75.22   

Grants forfeited

     (2,177     71.37   
  

 

 

   

Outstanding restricted stock grants as of December 31, 2012

     319,988      $ 74.22   
  

 

 

   

Grants issued

     31,000        84.57   

Grants vested

     (18,649     84.36   

Grants forfeited

     —          —     
  

 

 

   

Total outstanding restricted stock grants as of September 30, 2013

     332,339      $ 74.61   
  

 

 

   
Expense Recognition of Deferred Compensation

Expense recognition of deferred compensation over the remaining vesting periods is as follows:

 

Three Months
Remaining In
                                     
2013     2014     2015     2016     2017     2018     Total  
$ 1,241,235      $ 4,869,157      $ 3,968,016      $ 2,133,488      $ 1,300,810      $ 238,073      $ 13,750,779  
Summary of Company's Expenses Attributable to 401(k) Plan

The following table summarizes the Company’s expenses attributable to the plan during the three and nine months ended September 30, 2013 and 2012:

 

     September 30,      September 30,  
     2013      2012  

Three Months Ended

   $ 301,958       $ 272,438   

Nine Months Ended

     866,740         790,159