Retirement Plans

9 Months Ended

Sep. 30, 2018

Retirement Benefits [Abstract]

Retirement Plans

Retirement Plans

Our defined contribution retirement plans include a 401(k) plan, which is funded, and a supplemental plan for certain employees, which is unfunded. The expense of our defined contribution retirement plans was $115,000 in the nine months ended September 30, 2018, $660,000 in 2017 and $978,000 in 2016. Our supplemental plan for certain employees terminated as a result of the Merger, however the unfunded liability accrued prior to the Merger will remain an obligation of the Company until paid. The unfunded liability for our supplemental plan was $211,000 at September 30, 2018 and $374,000 at December 31, 2017 and is included in other liabilities on our consolidated balance sheets.