Employee Termination Benefits

3 Months Ended

Mar. 31, 2020

Postemployment Benefits [Abstract]

Employee Termination Benefits

Employee Termination Benefits

Certain employees received termination benefits including cash severance and accelerated share-based compensation upon separation of service from the Company as a result of a reduction in workforce in the first quarter of 2020. The following table presents a summary of employee termination benefits for the three-month period ended March 31, 2020 (in thousands):

	Cash		Share-Based Compensation (1)		Number of Shares	Total Employee Termination Benefits
Three Months Ended March 31, 2020
Executive Employee Termination Benefits	$	3	$	—	—	$	3
Other Employee Termination Benefits	3,211		40		4	3,251
	$	3,214	$	40	4	$	3,254

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(2) Share-based compensation recognized in connection with the accelerated vesting of restricted stock awards due to the reduction in workforce in the first quarter of 2020 and reflects the remaining unrecognized compensation expense associated with these awards at the date of termination. The unrecognized compensation expense was calculated using the grant date fair value for restricted stock awards.