Stock Option Plans (Tables)

3 Months Ended

Mar. 31, 2020

Stock options

Schedule of stock option valuation assumptions

	March 31, 2020
Dividend yield	1.34	%
Expected life	1.91
Expected volatility	4.34	%
Risk-free interest rate	1.60	%

Stock options | Liberty 2004 Stock Option Plan

Stock options

Summary of stock option activity

	Employees					Directors
		Average					Average
	Shares	Price		Amount		Shares	Price		Amount
March 31, 2020	2,355	$	4.14	$	9,750	6,354	$	4.14	$	26,306

Stock options | Virginia Partners Stock Option Plan

Stock options

Summary of stock option activity

		March 31, 2020
					Weighted
				Weighted	Average
				Average	Remaining
				Exercise	Contractual		Intrinsic
		Shares		Price	Life		Value
Outstanding at beginning of period		247,705	$	6.14	3.81
Granted		—		—	—
Exercised		(14,601)		5.83	—
Forfeited		—		—	—
Outstanding at end of period		233,104	$	6.16	3.79	$	(85,938)
Options exercisable at March 31, 2020		233,104	$	6.16
Weighted average fair value of options granted during the period	$	—