Lease Abandonment Charge

12 Months Ended

Dec. 31, 2016

Lease Abandonment Charge

Lease Abandonment Charge

Note 4. Lease Abandonment Charge

In connection with the Company’s abandonment of facilities in Dallas, Texas and Greenwich, Connecticut, the Company incurred $0.8 million, in lease abandonment charges during the year ended December 31, 2015, which is included within general and administrative expenses in the consolidated statement of operations. There were no lease abandonments in 2016 or 2014. The following table details the associated liability. The current portion of the liability of less than $0.1 million was recorded in accrued expenses and other current liabilities (in thousands):

	Year Ended
	December 31,
	2016		2015
Balance January 1	$	474	$	—
Charged to expense		—		740
Paid or settled		(433)		(266)
Balance December 31	$	41	$	474