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Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2019
Share-based Payment Arrangement [Abstract]  
Roll-forward of outstanding restricted stock grants issued The following table represents a roll-forward of outstanding Restricted Stock and related activity during the years ended December 31, 2019 and 2018:
 
Shares
 
Weighted-Average
Grant Date Price
per Share
Outstanding Restricted Stock as of December 31, 2018
214,575

 
$
177.22

Grants issued
50,969

 
146.59

Grants vested
(23,500
)
 
125.60

Grants forfeited
(14,200
)
 
180.53

Outstanding Restricted Stock as of December 31, 2019
227,844

 
$
175.49


Expense recognition of deferred compensation The recognition of compensation expense related to deferred compensation over the remaining vesting periods is as follows:
2020
 
2021
 
2022
 
2023
 
2024
 
Thereafter
 
Total
$
6,505,660

 
$
5,229,101

 
$
4,246,953

 
$
2,181,995

 
$
1,049,747

 
$
1,118,434

 
$
20,331,890


Schedule of Grants Issued and Grant Date Fair Value
The following table represents shares issued as part of our incentive compensation program during the years ended December 31, 2019, 2018, and 2017:
 
Shares Issued
 
Grant Date Value
December 31, 2019
24,048

 
$
3,655,296

December 31, 2018
20,153

 
4,109,197

December 31, 2017
19,219

 
3,892,424


Summary of company expenses attributable to the 401(k) Plan The following table summarizes the Company’s expenses attributable to the 401(k) plan during the years ended December 31, 2019, 2018 and 2017:
 
Shares Issued
 
Company Contribution
December 31, 2019
17,651

 
$
2,496,936

December 31, 2018
11,967

 
2,231,735

December 31, 2017
8,478

 
1,710,785