Restructuring Expense

9 Months Ended

Sep. 30, 2019

Restructuring Expense

Restructuring Expense

5. Restructuring Expense

We initiated a restructuring plan in the first quarter of 2019 under which we have terminated certain employees and exited an office facility. The restructuring plan was undertaken to better align resources with company initiatives and to reduce management and other costs.

The following table summarizes the activity in accrued restructuring expense, included in accrued expenses, for the three and nine months ended September 30, 2019 (in thousands):

		Severance and Other Restructuring Costs
		Three Months Ended		Nine Months Ended
	September 30, 2019
Accrued restructuring, beginning of the period	$	1,047	$	—
Provision for restructuring expense		—		1,561
Cash payments		(441)		(955)
Accrued restructuring, end of the period	$	606	$	606

We expect to pay the remaining $606,000 of accrued restructuring expense through June 30, 2020.

In connection with the exit of an office facility, we recorded a $1.3 million charge for the impairment of right-of-use assets and $170,000 of expense for the write-off of fixed assets in restructuring expense in the nine months ended September 30, 2019.