Leadership Changes and Restructuring Activities (Tables)

12 Months Ended

Dec. 31, 2015

Leadership Changes and Restructuring Activities

Summary of Estimated Fair Value Liability Established for the Aforementioned Severance and Other Related Costs

The following table presents a rollforward of the estimated fair value liability established for total severance and other related costs that occurred during the years ended December 31, 2015 and 2014, including those costs incurred for the aforementioned leadership changes and restructuring activities (in thousands):

	2015		2014
Balance, January 1	$	2,408	$	—
Severance and other related expenses		1,554		4,848
Accretion		82		—
Cash payments		(1,807)		(1,433)
Non-cash adjustment (a)		(216)		(1,007)
Balance, December 31	$	2,021	$	2,408

(a) For the year ended December 31, 2015, the non-cash adjustment represents the non-cash equity-based compensation expense recorded for the accelerated vesting of 7,576 restricted stock units on August 19, 2015 pursuant to the terms of the Retirement Agreement as discussed in Note 12, Equity-Based Compensation. For the year ended December 31, 2014, the non-cash adjustment represents the non-cash equity-based compensation expense recorded for the accelerated vesting of 30,304 restricted stock units on December 31, 2014 pursuant to the terms of the Separation Agreement.