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EMPLOYEE BENEFIT PLANS
 9 Months Ended
Sep. 30, 2014
EMPLOYEE BENEFIT PLANS  
EMPLOYEE BENEFIT PLANS
10.    
 EMPLOYEE BENEFIT PLANS
 
The Company participates in a multiple employer pension plan.  The following represents the net periodic benefit (credit) cost and related components for the plan:
                                 
(in thousands)
  
Three months ended
September 30,
    
Nine months ended
September 30,
  
   
2014
    
2013
    
2014
    
2013
  
Interest cost
   $ 65     $ 59     $ 195     $ 176  
Expected return on plan assets
     (103 )     (93 )     (307 )     (277 )
Amortization of net losses
     9       17       27       51  
Net periodic benefit
   $ (29 )   $ (17 )   $ (85 )   $ (50 )
 
The Company made contributions to this plan of $135 thousand during the nine months ended September 30, 2014.
 
The Company permits selected highly compensated employees to defer a portion of their compensation into a non-qualified Supplemental Executive Retirement Plan (“SERP”).  The Company maintains certain securities in the SERP that have been classified as trading.  The SERP assets are marked to market and totaled $6,486,000 as of September 30, 2014 and $6,388,000 as of December 31, 2013.  The SERP assets are reported in other non-current assets on the consolidated balance sheets and changes to the fair value of the assets are reported in selling, general and administrative expenses in the consolidated statements of operations.
Trading gains related to the SERP assets totaled approximately $99,000 during the nine months ended September 30, 2014 and approximately $259,000 during the nine months ended September 30, 2013.