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Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2019
Employee Benefits And Share Based Compensation [Abstract]  
Net Periodic Benefit Costs

The components of net periodic benefit costs related to the VAPP for the year ended December 31, 2019 and the period beginning with the Tropicana Acquisition date of October 1, 2018 through December 31, 2018 consists of the following (in thousands):

 

 

 

 

Year ended December 31, 2019

 

 

 

Period from October 1, 2018 through December 31, 2018

 

Service costs

 

$

 

3,254

 

 

$

 

808

 

Interest costs

 

 

 

629

 

 

 

 

150

 

Expected return on plan assets

 

 

 

(749

)

 

 

 

(178

)

Net periodic benefit cost

 

$

 

3,134

 

 

$

 

780

 

Projected Benefit Obligation, Change in Plan Assets

The change in the projected benefit obligation, change in plan assets and funded status for the year ended December 31, 2019 and the period beginning with the Tropicana Acquisition date of October 1, 2018 through December 31, 2018 is as follows (in thousands):

 

 

 

Year ended December 31, 2019

 

 

 

Period from October 1, 2018 through December 31, 2018

 

Change in benefit obligations:

 

 

 

 

 

 

 

 

 

 

Projected benefit obligation beginning of period

 

$

 

12,650

 

 

$

 

12,024

 

Service and interest cost during period

 

 

 

3,883

 

 

 

 

958

 

Benefit payments during period

 

 

 

(40

)

 

 

 

 

Expenses during period

 

 

 

(306

)

 

 

 

(29

)

Actuarial gain

 

 

 

(443

)

 

 

 

(303

)

Projected benefit obligation end of period

 

$

 

15,744

 

 

$

 

12,650

 

Change in plan assets:

 

 

 

 

 

 

 

 

 

 

Fair value of plan assets at beginning of period

 

$

 

14,330

 

 

$

 

14,283

 

Return on plan assets during period

 

 

 

770

 

 

 

 

76

 

Benefit payments during period

 

 

 

(40

)

 

 

 

 

Expenses during period

 

 

 

(306

)

 

 

 

(29

)

Employer contributions

 

 

 

3,179

 

 

 

 

 

Fair value of plan assets at end of period

 

$

 

17,933

 

 

$

 

14,330

 

Funded status at end of period

 

$

 

2,189

 

 

$

 

1,680

 

Future Estimated Expected Benefit Payments

Future estimated expected benefit payments for 2020 through 2029 are as follows (in thousands):

 

 

 

 

Expected Benefit Payments

 

2020

 

$

 

193

 

2021

 

 

 

248

 

2022

 

 

 

350

 

2023

 

 

 

454

 

2024

 

 

 

553

 

2025 through 2029

 

 

 

4,581

 

 

 

$

 

6,379