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Pension Benefits (Tables)
3 Months Ended
Mar. 31, 2017
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]  
Components of the net periodic benefit cost for both the Qualified and the Nonqualified Pension Plan
The following table presents the components of the net periodic benefit cost for the Pension Plans:
 
For the Three Months Ended March 31,
 
2017
 
2016
 
(in thousands)
Service cost
$
2,050

 
$
1,987

Interest cost
727

 
624

Expected return on plan assets that reduces periodic pension cost
(559
)
 
(545
)
Amortization of prior service cost
4

 
4

Amortization of net actuarial loss
396

 
372

Net periodic benefit cost
$
2,618

 
$
2,442