Restructuring and Zillow Offers Wind Down (Tables)

12 Months Ended

Dec. 31, 2021

Restructuring and Related Activities [Abstract]

Restructuring and Related Costs

The following table presents a summary of Zillow Offers wind down-related charges incurred for the period presented and our estimate of the total costs we expect to incur over the wind down period (in thousands):

		Year Ended December 31, 2021
	Statement of Operations Classification	Homes Segment		Mortgages Segment		Total Recognized		Total Expected
Inventory write-down	Cost of revenue	$	407,921	$	—	$	407,921	N/A
Other charges:
Employee termination costs	Impairment and restructuring costs	59,914		926		60,840		$99,000 - $112,000
Contract termination costs	Impairment and restructuring costs	9,960		—		9,960		$11,000 - $18,000
Financing-related charges	Interest expense	6,227		—		6,227		$40,000 - $48,000
Accelerated depreciation and amortization	Cost of revenue	4,885		—		4,885		$24,000 - $25,000
Asset write-offs	Impairment and restructuring costs	1,373		—		1,373		$1,000 - $2,000
Total other charges		82,359		926		83,285		$175,000 - $205,000
Total		$	490,280	$	926	$	491,206

Schedule of Restructuring Reserve by Type of Cost

The following table presents the accrual activity for exit and disposal costs for the year ended December 31, 2021, primarily related to cash severance employee termination costs and contract termination costs (in thousands):

	Employee Termination Costs		Contract Termination Costs		Total
Balance, beginning of period	$	—	$	—	$	—
Additions charged to expense	54,339		9,024		63,363
Cash payments	(9,160)		(5,248)		(14,408)
Balance, end of period	$	45,179	$	3,776	$	48,955