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138 - Disclosure - Employee Benefit Plans (Tables)
(http://www.bbgi.com/taxonomy/role/NotesToFinancialStatementsCompensationAndEmployeeBenefitPlansTextBlockTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0001099160 (http://www.sec.gov/CIK)
Postemployment Benefits [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Postemployment Benefits [Abstract]
 
Summary of Change in Projected Benefit Obligation

The following tables summarize the Pension Plan, SERP and Postretirement Benefits as of December 31, 2016:

 

     Pension Plan     SERP     Postretirement
Benefits		  

Change in Projected Benefit Obligation

       

Benefit obligation at beginning of year

    $ —       $ —       $ —    

Service cost

      —         —         8,169  

Interest cost

      530,839       51,696       11,097  

Plan participants’ contributions

      —         —         1,939  

Actuarial (gain) loss

      (965,046 )      (415,416 )      (103,396 ) 

Business combinations

      88,705,097       9,154,118       1,859,010  

Benefits paid

      (409,084 )      (38,550 )      (20,396 ) 
  

 

 

    

 

 

    

 

 

  

Benefit obligation at end of year

    $ 87,861,806     $ 8,751,848     $ 1,756,423  
  

 

 

    

 

 

    

 

 

  
  
Summary of Change in Plan Assets
   Pension Plan     SERP     Postretirement
Benefits		  

Change in Plan Assets

       

Fair value of plan assets at beginning of year

    $ —       $ —       $ —    

Actual return on plan assets

      (1,731,372 )      —         —    

Employer contribution

      —         38,550       18,457  

Business combinations

      86,008,964       —         —    

Plan participants’ contributions

      —         —         1,939  

Benefits paid

      (409,084 )      (38,550 )      (20,396 ) 
  

 

 

    

 

 

    

 

 

  

Fair value of plan assets at end of year

    $ 83,868,508     $ —       $ —    
  

 

 

    

 

 

    

 

 

  

Funded Status

    $ (3,993,298 )    $ (8,751,848 )    $ (1,756,423 ) 

Unrecognized net actuarial (gain) loss

      1,767,058       (415,416 )      (103,396 ) 
  

 

 

    

 

 

    

 

 

  

Cumulative employer contributions in excess of the net periodic pension cost

    $ (2,226,240 )    $ (9,167,264 )    $ (1,859,819 ) 
  
Summary of Amounts Recognized in Statement of Financial Position
     Pension Plan     SERP     Postretirement
Benefits		  

Amounts Recognized in the Statement of Financial Position

       

Noncurrent assets

    $ —       $ —       $ —    

Current liabilities

      —         (422,656 )      (113,268 ) 

Noncurrent liabilities

      (3,993,298 )      (8,329,192 )      (1,643,155 ) 
  

 

 

    

 

 

    

 

 

  

Net amount recognized

    $ (3,993,298 )    $ (8,751,848 )    $ (1,756,423 ) 
  

 

 

    

 

 

    

 

 

  
  
Summary of Amounts Recognized in Accumulated Other Comprehensive Income
   Pension Plan     SERP     Postretirement
Benefits		  

Amounts Recognized in Accumulated Other Comprehensive Income

 

    

Net actuarial loss (gain)

    $ 1,767,058     $ (415,416 )    $ (103,396 ) 
  

 

 

    

 

 

    

 

 

  

Total (before tax effects)

    $ 1,767,058     $ (415,416 )    $ (103,396 ) 
  
Summary of Information for Pension Plans With Accumulated Benefit Obligation in Excess of Plan Assets
    SERP     Postretirement
Benefits		  

Information for Pension Plans with an Accumulated Benefit Obligation in excess of Plan Assets

       

Projected benefit obligation

    $ 87,861,806     $ 8,751,848     $ —    

Accumulated benefit obligation

    $ 87,861,806     $ 8,751,848     $ —    

Fair value of plan assets

    $ 83,868,508     $ —       $ —    
  
Summary of Weighted-Average Assumptions for Disclosure
Pension Plan     SERP     Postretirement
Benefits		  

Weighted-average assumptions for Disclosure

       

Discount rate

      3.62 %      3.80 %      4.00 % 

Rate of compensation increase

      N/A       N/A       N/A  
  
Summary of Components of Net Periodic Benefit Cost and Other Amounts Recognized in Other Comprehensive Income

Components of Net Periodic Benefit Cost and Other Amounts Recognized in Other Comprehensive Income

 
     Pension Plan     SERP     Postretirement
Benefits		  

Net periodic benefit cost

       

Service cost

    $ —       $ —       $ 8,169  

Interest cost

      530,839       51,696       11,097  

Expected return on plan assets

      (1,000,732 )      —         —    
  

 

 

    

 

 

    

 

 

  

Net periodic benefit cost

    $ (469,893 )    $ 51,696     $ 19,266  
  

 

 

    

 

 

    

 

 
  
Summary of Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income
Pension Plan     SERP     Postretirement
Benefits		  

Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income

       

Net actuarial (gain) loss

    $ 1,767,058     $ (415,416 )    $ (103,396 ) 

Total recognized in other comprehensive income (before tax effects)

    $ 1,767,058     $ (415,416 )    $ (103,396 ) 
  

 

 

    

 

 

    

 

 

  

Total recognized in net benefit cost and other comprehensive income (before tax effects)

    $ 1,297,165     $ (363,720 )    $ (84,130 ) 
  

 

 

    

 

 

    

 

 

  
  
Summary of Amounts Expected to be Recognized in Net Periodic Cost in Coming Year
Pension Plan     SERP     Postretirement
Benefits		  

Amounts Expected to be Recognized in Net Periodic Cost in the Coming Year

       

(Gain) loss recognition

    $ —       $ —       $ —    

Prior service cost recognition

    $ —       $ —       $ —    

Net initial obligation (asset) recognition

    $ —       $ —       $ —    
  
Summary of Weighted-Average Assumptions Used to Determine Net Periodic Benefit Cost
     Pension Plan     SERP     Postretirement
Benefits		  

Weighted-average assumptions used to determine Net Periodic Benefit Cost

       

Discount rate

      3.60 %      3.40 %      3.60 % 

Expected return on plan assets

      7.00 %      N/A       N/A  

Rate of compensation increase

      N/A       N/A       N/A  

Corridor

      10.00 %      10.00 %      10.00 % 
  
Summary of Weighted-Average Assets Allocation
Pension Plan     SERP     Postretirement
Benefits		  

Weighted-Average Assets Allocation

       

Equity securities

      28.92 %      N/A       N/A  

Fixed income

      71.08 %      N/A       N/A  
  

 

 

    

 

 

    

 

 

  

Total

      100.00 %      N/A       N/A  
  

 

 

    

 

 

    

 

 

  
  
Schedule of Asset Category

     Pension Plan     SERP     Postretirement
Benefits		  

Asset Category (all Level 1)

       

U.S. equity funds

      8,859,295       N/A       N/A  

International equity funds

      15,495,346       N/A       N/A  

Fixed income funds

      59,859,194       N/A       N/A  
  

 

 

    

 

 

    

 

 

  

Total

      84,213,835       N/A       N/A  
  

 

 

    

 

 

    

 

 

  
  
Summary of Estimated Future Benefit Payments
Pension Plan     SERP     Postretirement
Benefits		  

Estimated Future Benefit Payments

       

2017

    $ 3,062,240     $ 422,656     $ 113,268  

2018

    $ 3,268,248     $ 469,239     $ 109,952  

2019

    $ 3,513,785     $ 479,770     $ 106,890  

2020

    $ 3,683,327     $ 482,753     $ 103,798  

2021

    $ 3,829,459     $ 509,468     $ 100,782  

2022-2026

    $ 21,960,276     $ 2,641,620     $ 474,413  

 

  
Summary of Estimated Contributions
   Pension Plan     SERP     Postretirement
Benefits		  

Contributions

       

Estimated contributions for 2017

    $ —       $ 422,656     $ 113,268